Page 33 - Initial Public Offerings Ipos

Investment bank DAM Capital Advisors gets Sebi's nod to launch IPO

Investment bank DAM Capital Advisors has received Sebi's go ahead to float an initial public offering (IPO), an update with the markets regulator showed on Tuesday. The proposed IPO is solely an offer-for-sale (OFS) of 3.2 crore equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP). Those selling shares in the OFS are promoter Dharmesh Anil Mehta, investors Multiples Alternate Asset Management, RBL Bank, Easyaccess Financial Services and Narotam Satyanarayan Sekhsaria. Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than the company. DAM Capital Advisors, which filed preliminary papers with Sebi in September, obtained the regulator's observations on December 4, the update showed. In Sebi's parlance, obtaining the observations means its go ahead to launch the public issue. In its draft papers, the company stated that it plans to go public in a bid to achieve the benefit

LG Electronics India IPO: Strengths, weaknesses, and key details from DRHP

The IPO, which is entirely an offer for sale (OFS), will see Seoul-based parent LG Electronics divesting up to 101,815,859 equity shares of face value Rs 10 each from its Indian subsidiary

Toss The Coin IPO opens: GMP up 110%; Check price band, lot size, more

Toss The Coin IPO opens today, December 10, 2024, and will close for public subscription on Thursday, December 12, 2024

Jungle Camps India IPO opens today: GMP zooms 100%; Check key details here

Jungle Camps India's unlisted shares were trading at Rs 147 per share, reflecting a grey market premium (GMP) of Rs 75 or 104.17 per cent against the upper end of the IPO price band of Rs 72

Rekha Jhunjhunwala-backed Inventurus IPO to open on Dec 12; know more here

Unlisted shares of Inventurus Knowledge Solutions were trading at Rs 1,554 apiece in the grey market, reflecting a premium of Rs 225 or 16.93 percent over the upper price band of Rs 1,329

IGI IPO subscription opens Dec 13; Check GMP, price band, dates, and more

Here are the key details of the International Gemmological Institute IPO, outlined by the company in its Red Herring Prospectus (RHP)

Mobikwik IPO GMP zooms 40% ahead of Dec 11 opening; Key details from RHP

As investors await the opening of the public offering, here are the key details of the Mobikwik IPO, as per the Red Herring Prospectus (RHP) filed by the company

Sai Life Sciences IPO opens on Dec 11: Check GMP and other key details

At the upper end, Sai Life Sciences seeks to raise Rs 3,042.62 crore from the IPO, which comprises a fresh issue of 17,304,189 equity shares and an offer for sale of 38,116,934 equity shares

Emerald Tyre Manufacturers IPO closes today; 120x subscription, GMP up 79%

The unlisted shares of Emerald Tyre Manufacturers were trading at Rs 170 apiece, reflecting a grey market premium (GMP) of Rs 75 or 78.95 per cent over the upper end of the IPO price band of Rs 95

Investors demand Sebi's green light for NSE IPO in Delhi High Court plea

Investors led by the People Activism Forum urge Delhi HC to direct Sebi to approve NSE's IPO, alleging unjustified delays that hinder shareholder value and public market access

Nisus Finance IPO allotment: Check status, GMP, likely listing price

Once the allotment is finalised, investors can check the status on the official websites of the BSE or Skyline Financial Services, the registrar for the issue

Last Chance: Nisus Finance IPO closes today; subscription 20x, GMP up 36%

The unlisted shares of Nisus Finance were trading at Rs 245 apiece, reflecting a grey market premium (GMP) of Rs 65, or 36.11 per cent over the upper end of the IPO price band of Rs 180

Emerald Tyre Manufacturers IPO opens today: GMP up 79%; Key details here

Emerald Tyre Manufacturers IPO GMP zooms 78.95 per cent ahead of subscription opening today. Check IPO size, price band, key dates, objectives, and more details

Suraksha Diagnostic IPO allotment: Check status, GMP, likely listing gain

Once the allotment is finalised, investors can check the allotment status by visiting the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue

Bumper debut: Apex Ecotech IPO lists at 90% premium, hits upper circuit

Apex Ecotech IPO listing: After listing, the stock gained an additional 4.97 per cent, surging 99.45 per cent from the issue price to reach the upper circuit of Rs 145.60 apiece on the NSE SME

Suraksha Diagnostic IPO closes today: GMP remains flat; Should you bid?

The subscription window for the Suraksha Diagnostic IPO closes today. Check the subscription status, GMP, listing schedule, and more

Upcoming IPOs: NSDL, Mobikwik, Belstar MFI among 29 Sebi okayed share sale

Here is a complete list of companies that have received Sebi's green signal for their IPOs, with observations still valid

Suraksha Diagnostic IPO Day 2: Check subscription status, GMP, and more

Suraksha Diagnostic IPO, which opened for public subscription on Friday, November 29, 2024, is set to conclude on Tuesday, December 3, 2024

SM REIT IPO opens today: Check key dates, price band, and other details

The IPO is a book-built issue, aiming to raise Rs 352.91 crore through a fresh issue of 3,361 units

IPO Calendar: SME IPOs, listings to keep primary Market abuzz next week

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