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
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
Sai Life Sciences IPO opens for public subscription today, Wednesday, December 11, 2024, and will close on Friday, December 13, 2024
Purple United Sales IPO is a book-built issue of Rs 32.81 crore, which consists of an entirely fresh issue of 2,604,000 equity shares
Dhanlaxmi Crop Science shares were trading at Rs 92 apiece, reflecting a grey market premium (GMP) of Rs 37 or 67.27 per cent per share against the upper end of the IPO price band of Rs 55
Mobikwik IPO GMP today: Mobikwik shares were trading at Rs 415 apiece, reflecting a grey market premium (GMP) of Rs 136 or 48.75 per cent per share
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
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 today, December 10, 2024, and will close for public subscription on Thursday, December 12, 2024