Enviro Infra Engineers' unlisted shares were trading at a premium of Rs 48 over the upper price band of Rs 148, indicating a grey market premium (GMP) of 32.43 per cent on Tuesday
Once the allotment of NTPC Green Energy IPO allotment is finalised, investors can check the status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue
Enviro Infra Engineers IPO sees strong demand, oversubscribed 4.32 times on Day 2. Check the latest IPO subscription status and GMP updates
At 6:54 AM, GIFT Nifty futures were trading 395 points higher at 24,281.5, indicating a gap-up start for the bourses
Deflated: 10 of them down 10% or more below issue price
Brokerages including Deven Choksey Research, Anand Rathi Research, Bajaj Broking and Swastika Investmart have shared broadly positive reviews for the Enviro Infra Engineers IPO
The highest demand for the NTPC Green Energy IPO came from retail investors, who oversubscribed their reserved category by 2.54 times, followed by QIBs at 0.75 times and NIIs at 0.38 times, as per NSE
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
C2C Advanced Systems unlisted shares were trading at a premium of Rs 245 against the upper price band of Rs 226, reflecting a GMP of 108.41 per cent
NTPC Green Energy IPO has seen the highest demand from retail investors, with their reserved portion oversubscribed by 1.99 times
The Crizac IPO comprises an entirely offer-for-sale of the company's shares with a face value of Rs 2 per equity share, aggregating up to Rs 1,000 crore
Automotive component maker Belrise Industries has filed preliminary papers with capital markets regulator Sebi to raise Rs 2,150 crore through an initial public offering (IPO). The IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP). The company may consider raising up to Rs 430 crore through a pre-IPO placement. If this is carried out, the issue size will be reduced. As per the draft papers filed on Tuesday, the company intends to utilise proceeds worth Rs 1,618 crore for payment of debt. The company has a borrowing of Rs 2,463 crore in its books as of June 2024. Belrise Industries is an automotive component manufacturing company based in India offering a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles. As of June 2024, it marketed its products both domestically and internationally,
Zinka Logistics Solutions IPO listing: the company's shares were scheduled to list today, November 21, 2024, as mentioned in the Red Herring Prospectus filed with the Sebi
OfBusiness aims to seek approval for the IPO from India's market regulator between March and June
The initial public offer of NTPC Green Energy Ltd, the renewable energy arm of NTPC, got subscribed 33 per cent on the first day of share sale on Tuesday. The share sale received bids for 19,46,53,968 shares against 59,31,67,575 shares on offer, according to data available with the NSE. The portion for Retail Individual Investors (RIIs) fetched 1.33 times subscription while the category for non-institutional investors got subscribed 15 per cent. NTPC Green Energy has mobilised Rs 3,960 crore from anchor investors. The Rs 10,000-crore initial share sale is entirely a fresh issuance of equity shares with no offer-for-sale (OFS) component. The issue, with a price band of Rs 102-108 per share, will be available for public subscription from November 19 to 22. Proceeds from the IPO to the tune of Rs 7,500 crore will be used to repay or prepay part or all of its subsidiary NTPC Renewable Energy Ltd's (NREL) outstanding loans and a portion will be utilised for general corporate purposes.
As the IPO approaches, here are the key highlights from the C2C Advanced Systems' RHP that every investor should know
The retail investor portion of NTPC Green Energy IPO was fully subscribed at 1.01 times, showcasing strong demand from individual investors
Existing investors like Fidelity, Kedaara Capital, are among the parties looking to increase their stakes in the initial public offering-bound company
The subscription window for the NTPC Green Energy IPO opens today, November 19, 2024, and will conclude on Friday, November 22, 2024. Here's what market analysts have to say about the public offering
Once the allotment is finalised, investors can check the status by visiting the official websites of BSE, NSE, or KFin Technologies, the registrar for the issue