Page 41 - Initial Public Offerings Ipos

PN Gadgil Jewellers IPO: Will you strike gold? Check allotment status & GMP

Once the allotment is finalised, investors can check the allotment status of PN Gadgil Jewellers IPO by visiting the official websites of BSE, NSE, or Bigshare Services

Western Carriers collects Rs 148 cr from anchor investors ahead of IPO

Out of the total allocation of 8.597 mn equity shares to anchor investors, 3.993 mn equity shares were allocated to 4 domestic mutual funds, which have applied through a total of 6 schemes

PN Gadgil Jewellers IPO GMP skyrockets 56% on final day; should you bid?

PN Gadgil Jewellers IPO has received an overwhelming response from investors, with bids pouring in for 19,69,93,964 shares against the 1,68,85,964 shares on offer as of 11:39 AM on Thursday

Kross, Tolins Tyres IPO: check allotment status, GMP, other details here

Here's how the investors can check the allotment status for the initial public offerings of Kross, and Tolins Tyres

Bajaj Housing Finance IPO allotment today; check status, GMP & likely gains

Once the allotment of the Bajaj Housing Finance IPO is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies from today

Shubhshree Biofuels Energy IPO subscribed 120 times on final day of bidding

The initial public offer of Shubhshree Biofuels Energy got subscribed by a whopping 119.37 times on the last day of subscription on Wednesday. The public offer of Shubhshree Biofuels Energy received bids for 11,91,82,800 shares against 9,98,400 shares on offer, according to the NSE data. The initial public offering (IPO) of Shubhshree Biofuels Energy is entirely a fresh issue of 13.92 lakh shares. The company had fixed a price band at Rs 113-119 a share. The company intends to utilise the proceeds of IPO to fund the capital expenditure towards the installation of additional plant and machinery, to meet the working capital requirements, and general corporate purpose. Established in 2013, Jaipur-based Shubhshree Biofuels Energy supplies biomass fuels, including biomass pellets and briquettes, to customers operating in the recycled material, textile processing, pharmaceutical, metal, etc. sectors. Meanwhile, the Rs 45.88-crore IPO of Aditya Ultra Steel subscribed 10.22 times on the f

Auto parts maker Kross IPO gets subscribed 16.81 times on last day of bid

The initial share sale of auto parts manufacturer Kross Ltd got subscribed 16.81 times on the last day of subscription on Wednesday. The public offer received bids for 25,80,21,618 shares against 1,53,50,877 shares on offer, according to data available with the NSE. The portion for Qualified Institutional Buyers (QIBs) garnered 23.32 times subscription while the quota for non-institutional investors got subscribed 22.24 times. The Retail Individual Investors (RIIs) part received 10.76 times subscription. Kross Ltd on Friday said it has mobilised Rs 150 crore from anchor investors. The Jamshedpur-based company's IPO is a combination of a fresh issue of equity shares worth Rs 250 crore and an Offer-for-Sale (OFS) aggregating up to Rs 250 crore by the promoters. The OFS portion consists of equity shares to the tune of up to Rs 168 crore by Sudhir Rai and Rs 82 crore by Anita Rai. The issue has a price band of Rs 228-240 per share. Kross proposes to utilise the net proceeds of the f

Abu Dhabi's Etihad Airways plans IPO no earlier than 2025: Report

Etihad, which started operations in 2003, spent billions of dollars buying minority stakes in other carriers to create larger network through its Abu Dhabi hub

Bajaj Housing IPO GMP rockets 100% on last day; should you park your funds?

Bajaj Housing Finance IPO, which ends today, has so far received an overwhelming response from investors, with the public issue being subscribed 7.50 times by the second day of subscription

Northern Arc Capital's Rs 777 cr IPO to open on Mon, price band Rs 249-263

Non-bank financial institution Northern Arc Capital on Wednesday said it has fixed a price band of Rs 249-263 per share for its upcoming Rs 777 crore initial public offering (IPO). The Chennai-based company's initial share sale will open for public subscription on September 16 and conclude on September 19. The bidding for anchor investors will open for a day on September 13. The IPO is a combination of a fresh issue of equity shares valued at Rs 500 crore and an Offer For Sale (OFS) of up to 1,05,32,320 equity shares worth Rs 277 crore, at the upper end of the price band, by investor shareholders. This aggregates the issue size to Rs 777 crore. Those offering shares through the OFS are Leapfrog Financial Inclusion India (II) Ltd, Accion Africa-Asia Investment Company, Eight Roads Investments Mauritius II Ltd, Sumitomo Mitsui Banking Corporation, 360 ONE Special Opportunities Fund (formerly known as IIFL Special Opportunities Fund) and Dvara Trust. Proceeds from the fresh issue woul

Countdown begins: Kross, Tolins Tyres IPOs end today; should you bid?

The grey market premium (GMP) for both IPOs has remained upbeat, reflecting favorable market sentiments for these public issues

Tirupati Balajee IPO listing: Falling GMP worries investors ahead of debut

Though the grey market premium of Shree Tirupati Balajee shares has been on a continuous decline since the issue opened for subscription, it still stands at 27 per cent on Wednesday

PN Gadgil Jewellers IPO draws strong demand; GMP jumps 54% on Day 2

The subscription window for PN Gadgil Jewellers IPO, which is available at a price band of Rs 456-480 with a lot size of 44 shares, will close on September 12, 2024

Tolins Tyres' IPO subscribed 5.2 times on second day of subscription

Tolins Tyres' initial public offer got subscribed 5.20 times on the second day of subscription on Tuesday. The initial share sale received bids for 3,89,17,626 shares against 74,88,372 shares on offer, according to data available with the NSE. The Retail Individual Investors (RIIs) part fetched 8.39 times subscription while the category for non-institutional investors got subscribed 4.07 times. The portion meant for Qualified Institutional Buyers (QIBs) received 45 per cent subscription. The initial public offer of Tolins Tyres got fully subscribed within hours of opening of bidding on Monday and ended the first day with an overall over-subscription of 1.80 times. Tolins Tyres Ltd on Friday announced that it has mopped up Rs 69 crore from anchor investors. The company has fixed a price band of Rs 215-226 per share for its initial public offering (IPO). The Kerala-based company's initial share sale is a combination of a fresh issue of equity shares worth Rs 200 crore and an ...

Vision Infra SME IPO receives 63.30 times subscription on last day of offer

The initial share sale of Vision Infra Equipment Solutions garnered a whopping 63.30 times subscription on the closing day of bidding on Tuesday. The Rs 106.21 crore initial public offering (IPO) received bids for 29,51,36,000 shares against 46,62,400 shares for offer, the NSE data showed. The category for Non-Institutional Investors (NIIs) received 180.75 times subscription while the part for qualified institutional buyers subscribed 60.94 times. Also, the retail individual investors portion got 24.13 times subscription. The Pune-based firm's IPO will be listed on NSE's SME platform Emerge. Last week, the company said it raised Rs 30.21 crore from anchor investors. The IPO is entirely a fresh issue of 65.16 lakh shares. The company has fixed a price band of Rs 155-163 per share. Proceeds from the public issue will be utilised towards funding the capital expenditure towards the purchase of additional equipment, to meet working capital requirements and general corporate ...

Data center operator Switch weighs IPO at about $40 bn valuation: Report

The investment firms that own Switch have in recent weeks held preliminary talks with investment bankers on the potential stock market flotation that could happen as early as 2025

Kross IPO receives 2.56 times subscription on second day of offer

The initial share sale of auto parts manufacturer Kross Ltd received 2.56 times subscription on the second day of bidding on Tuesday. The initial public offer got bids for 3,92,75,140 shares against 1,53,50,877 shares on offer, as per NSE data. The quota for Retail Individual Investors (RIIs) garnered 3.87 times subscription while the category for non-institutional investors got subscribed 2.87 times. The Qualified Institutional Buyers (QIBs) part received 2 per cent subscription. Kross Ltd on Friday said it has mobilised Rs 150 crore from anchor investors. The Jamshedpur-based company's IPO is a combination of a fresh issue of equity shares worth Rs 250 crore and an Offer-for-Sale (OFS) aggregating up to Rs 250 crore by the promoters. The OFS portion consists of equity shares to the tune of up to Rs 168 crore by Sudhir Rai and Rs 82 crore by Anita Rai. The issue, with a price band of Rs 228-240 per share, will conclude on September 11. Kross proposes to utilise the net proceeds

Ventive Hospitality files papers with Sebi to raise Rs 2,000 cr through IPO

The Pune-based company's IPO is completely a fresh issue of equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP)

Opens Today! PN Gadgil Jewellers IPO GMP zooms 50%. Should you bid?

P N Gadgil Jewellers IPO opened for public subscription today. Should you bid for the public issue or not? Check the brokerage call and other key details here

Bajaj Housing Finance IPO Day 2: GMP soars 92%; should you subscribe?

Shares of Bajaj Housing Finance were quoted trading at a premium of Rs 64 or 91.43 per cent in the grey market, indicating a positive market sentiment for the IPO