Unlisted shares of Inventurus Knowledge Solutions were commanding a strong grey market premium (GMP) of Rs 405, or 30.47 per cent, over the upper price band of Rs 1,329 apiece
The basis of allotment for Sai Life Sciences IPO shares is expected to be finalised today, Monday, December 16, 2024. Here's how you can check the allotment status once it gets finalised
Once the allotment is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue
Vishal Mega Mart IPO, which opened for public subscription on Wednesday, December 11, 2024, is set to close today
IPO Calendar: Indian primary markets are set to remain buzzing with several public offerings next week. Here are the full details of the upcoming IPO activities scheduled for the week
Packaging machinery manufacturer Mamata Machinery Ltd on Friday fixed a price band of Rs 230-243 per share for its Rs 179 crore initial share sale opening for public subscription on December 19. The public issue will conclude on December 23 and the bidding for anchor investors will open for a day on December 18, the company announced. The Gujarat-based company's initial share sale is entirely an Offer For Sale (OFS) of 73.82 lakh equity shares, by promoters, worth Rs 179.38 crore at the upper end of the price band. Those selling shares under the OFS are -- Mahendra Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP, and Mamata Management Services LLP. Since it's an OFS, the company will not receive any proceeds from the public issue, and the entire fund will go to the selling shareholders. The company stated that the objective of the initial share sale is to gain the advantages of listing the equity Shares on the stock exchanges. Additionally, the company .
The subscription window for Sai Life Sciences IPO will close today. Here are details on subscription status, gmp
Mobikwik IPO has garnered an overwhelming response from investors, with bids pouring in for 24,18,36,721 shares against the 1,18,71,696 shares on offer, resulting in an oversubscription of 20.37 times
Once the allotment is finalised, investors can check the status on the official websites of BSE or Link Intime India, the registrar for the issue
The Rs 8,000-crore IPO of Vishal Mega Mart will end on December 13
Visual Effects (VFX) firm Identical Brains Studios on Thursday said it is gearing up to raise Rs 20 crore through an initial public offering (IPO) on December 18. The announcement comes after NSE Emerge granted in-principle approval for the IPO earlier this month. The three-day public issue will conclude on December 20, the company announced. The Mumbai-headquartered company's public issue will comprise a fresh issuance of 36.94 lakh equity shares with a face value of Rs 10 each. Proceeds from the IPO will be utilized to expand and enhance the company's operations. This includes renovating the existing office and studio in Andheri, establishing a new branch office in Lucknow, and setting up a Color Grading Digital Intermediate (DI) and Sound Studio at a new branch office in Andheri. Additionally, the funds will be used to purchase essential equipment such as computers, storage systems, and software to upgrade existing facilities. The remaining portion of the proceeds will be alloc
The unlisted shares of Sai Life Sciences were trading at Rs 586 apiece, reflecting a grey market premium (GMP) of Rs 37 or 6.74 per cent per share over the upper end of the IPO price band of Rs 549
Non-Institutional Investors (NIIs) have led the demand for the Vishal Mega Mart IPO, subscribing to their reserved quota 1.71 times
The strong subscription mirrors trends in the grey market, where Mobikwik's unlisted shares commanded a solid premium on Thursday
Rekha Jhunjhunwala-backed Inventurus Knowledge Solutions (IKS) IPO, comprising an entirely offer for sale (OFS) of 18,795,510 equity shares, is available at a price band of Rs 1,265-Rs 1,329 per share
Once the allotment is finalised, investors can check the status on the official websites of NSE or Bigshare Services, the registrar for the issue
Vishal Mega Mart IPO opens for public subscription on Wednesday, December 11, 2024, and will remain available for subscription until Friday, December 13, 2024
Strong subscription aligns with grey market trends, as Mobikwik shares were trading at Rs 415 apiece, reflecting a GMP of Rs 136 or 48.75 per cent over the upper end of the IPO price band of Rs 279
The company's listed industry peers include Jubilant FoodWorks, Devyani International, Sapphire Foods India, Westlife Foodworld, and Restaurant Brands Asia
Emerald Tyres shares were quoted at Rs 180, reflecting a grey market premium (GMP) of Rs 85, or 89.47 per cent, against the upper end of the IPO price band of Rs 95, which is also the issue price