Page 43 - Initial Public Offerings Ipos

Baazar Style Retail IPO allotment today; check status, GMP, listing date

Once the allotment is finalised, investors can check their status on the official websites of BSE, NSE, or Link Intime India, the registrar for the issue

Tolins Tyres' Rs 230 cr IPO to open for subscription on September 9

Tolins Tyres Ltd on Tuesday said it has fixed a price band of Rs 215-Rs 226 per share for its initial public offering (IPO), opening for subscription on September 9. The company's Rs 230-crore IPO is scheduled to conclude on September 11, and the bidding for anchor investors will open for a day on September 6, it announced. The Kerala-based company's initial share sale is a combination of a fresh issue of equity shares worth Rs 200 crore and an offer-for-sale (OFS) of equity shares to the tune of Rs 30 crore. Promoters -- Kalamparambil Varkey Tolin and Jerin Tolin -- will offload shares worth Rs 15 crore each through the OFS route. They own 83.31 per cent stake in the company at present. Of the Rs 200 crore IPO proceeds, Rs 75 crore will be used to augment the long-term working capital requirements of the company and Rs 62.55 crore for debt payment. Further, Rs 24.36 crore will be used for investment in the company's subsidiary Tolin Rubbers to repay its debt and to support its ..

Gala Precision Engineering IPO subscribed 52.17 times on 2nd day of bidding

The initial public offer of Gala Precision Engineering was subscribed 52.17 times on day two of bidding on Tuesday. The initial share sale received bids for 11,60,22,648 shares against 22,23,830 shares on offer, as per NSE data. The quota for non-institutional investors was subscribed 132.89 times, while the category for retail individual investors (RIIs) fetched 44.16 times subscription. The portion for qualified institutional buyers (QIBs) garnered 5.06 times subscription. The initial public offering of Gala Precision Engineering was fully subscribed within minutes of opening for bidding on Monday and ended the day with a 10.83 times subscription. The initial share sale will conclude on September 4. Gala Precision Engineering Ltd has fixed a price band of Rs 503-529 per share for its Rs 168-crore initial public offering (IPO). The IPO is a combination of a fresh issue of 25.58 lakh equity shares worth Rs 135.34 crore and an offer-for-sale (OFS) of 6.16 lakh equity shares valued

Baazar Style Retail IPO subscribed 40.63 times on last day of bidding

The initial public offer of Rekha Jhunjhunwala-backed value fashion retailer Baazar Style Retail garnered 40.63 times subscription on the closing day of bidding on Tuesday. The Rs 835-crore initial share sale received bids for 61,07,33,758 shares against 1,50,30,116 shares on offer, according to data available with the NSE. The portion meant for Qualified Institutional Buyers (QIBs) received 81.83 times subscription while the category for non-institutional investors got subscribed 59.41 times. The quota for Retail Individual Investors (RIIs) garnered 9.07 times subscription. Baazar Style Retail Ltd on Thursday said it has collected Rs 250 crore from anchor investors. The price band for the offer is Rs 370-389 per share. The IPO is a combination of a fresh issue of equity shares worth Rs 148 crore and an offer for sale (OFS) of up to 1.76 crore shares valued at Rs 687 crore (at the upper end of the price band) by promoter group entities and other selling shareholders. Proceeds fro

Auto parts manufacturer Kross' Rs 500 cr IPO to open on September 9

Auto parts manufacturer Kross Ltd is set to float its Rs 500-crore initial share sale on September 9 for public subscription. The three-day Initial Public Offering (IPO) will conclude on September 11 and the bidding for anchor investors will open for a day on September 6, according to the Red Herring Prospectus (RHP). 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. Kross proposes to utilise the net proceeds of the fresh issue for the purchase of machinery and equipment, payment of debt, and funding the working capital requirements of the company. Besides, a portion will be used for general corporate purposes. Founded in 1991, Kross is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide range of forged and precision machined high-performance safety critical parts for medium and heavy commercial vehic

ECOS Mobility IPO GMP surges 40%; experts eye double digit listing gains

ECOS (India) Mobility & Hospitality shares are slated to make their debut on the bourses tomorrow, Wednesday, September 4, 2024. Check listing price prediction here

Last Chance! Baazar Style IPO ends today: should you bid? Check GMP & more

The three-day subscription window to bid for the Baazar Style Retail IPO, which opened on Friday, August 30, 2024, is set to conclude today

Premier Energies shares double investors money with bumper debut on bourses

Premier Energies IPO listing today: The company's shares listed at Rs 991 on the BSE, reflecting a whopping 120.22 per cent premium over the upper end of its issue price of Rs 450

Premier Energies IPO listing prediction: Will strong GMP fuel 100% returns?

As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception

VFX company Identical Brains files draft IPO papers with NSE Emerge

VFX company Identical Brains Studios on Monday said it has filed preliminary IPO papers with NSE Emerge to raise funds through an initial public offering (IPO). The Mumbai-headquartered company's initial public offering comprises a fresh issuance of up to 36.94 lakh equity shares with a face value of Rs 10, through the book-building route, according to the draft red herring prospectus (DRHP). The firm plans to utilise the proceeds to fund the renovation of the existing office and studio in Andheri; establish Colour Grading Digital Intermediate and Sound Studio set-up at a new branch office in Andheri; establishment of the new branch office in Lucknow; purchase of computers, storage systems and software; further strengthen the existing facilities the company; support the company's incremental working capital requirements and for general corporate purposes. Identical Brains Studios offers a comprehensive suite of VFX services in a diverse range of projects such as films, web series, T

Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details

The company will offer a fresh issuance of up to 36,94,000 equity shares with a face value of Rs 10 apiece through the book-building route

ECOS Mobility IPO allotment today; check status, GMP, likely listing gains

Once the allotment is finalised, investors can check their allotment status on the BSE, NSE, or via Link Intime India, the issue's registrar. Here are the direct links to check the allotment status

Brokerages bullish on Gala Precision IPO; GMP jumps 45%; should you bid?

Several brokerages, including Deven Choksi Research, Anand Rathi, Swastika Investmart, and Choice, have shared their outlook on the Gala Precision Engineering IPO for the investors

Ecos Mobility IPO gets subscribed over 64 times on offer's closing day

The initial share sale of chauffeur-driven mobility provider Ecos (India) Mobility & Hospitality got subscribed 64.18 times on the closing day of bidding on Friday. The Rs 601 crore share sale received bids for 80,86,90,256 shares against 1,26,00,000 shares on offer, as per NSE data. The portion meant for Qualified Institutional Buyers (QIBs) received 136.85 times subscription while the portion for non-institutional investors got subscribed 71.17 times. The quota for Retail Individual Investors (RIIs) fetched 19.66 times subscription. The Initial Public Offer (IPO) of Ecos (India) Mobility & Hospitality got fully subscribed on the first day of bidding on Wednesday. The initial share sale was entirely an Offer For Sale (OFS) of up to 1,80,00,000 equity shares. The IPO has a price range of Rs 318-334 a share. Ecos (India) Mobility & Hospitality Ltd on Tuesday said it has raised Rs 180.36 crore from anchor investors. The Delhi-based company has been providing chauffeured car .

ECOS Mobility IPO ends today: should you bid? Check GMP & other details

The three-day subscription window to bid for the ECOS Mobility IPO, which is offered at a price band of Rs 318-334 and a lot size of 44 shares, ends today

Wait Over! Premier Energies IPO allotment today; check status, GMP & more

Premier Energies shares are commanding a GMP (Grey Market Premium) of nearly Rs 421, or 93.56 per cent over the upper end of the IPO price, indicating solid listing gains for investors

GMP zooms 33%! Should you bid for Baazar Style Retail IPO on opening day?

Several brokerages, including Geojit, Deven Choksey Research, and Swastika Investmart, have reviewed the Bazaar Style Retail IPO, and shared their outlook for investors

Ecos Mobility IPO gets subscribed 9.55 times on second day of offer

The initial public offer of chauffeur-driven mobility provider Ecos (India) Mobility & Hospitality received 9.55 times subscription on the second day of bidding on Thursday. The Rs 601 crore initial share sale received bids for 12,03,58,964 shares against 1,26,00,000 shares on offer, as per NSE data. The portion for non-institutional investors garnered 23.47 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 8.99 times. The category for Qualified Institutional Buyers (QIBs) received 10 per cent subscription. The Initial Public Offer (IPO) of Ecos (India) Mobility & Hospitality got fully subscribed on the first day of bidding on Wednesday. The initial share sale is entirely an Offer For Sale (OFS) of up to 1,80,00,000 equity shares. The IPO has a price range of Rs 318-334 a share. Ecos (India) Mobility & Hospitality Ltd on Tuesday said it has raised Rs 180.36 crore from anchor investors. Since the public issue is entirely an OFS, the ...

ECOS Mobility IPO day 2: NIIs subscription surges; Check latest GMP & more

Public issue has received the highest bids from Non-Institutional Investors (NIIs) at 11.74 times, followed by Retail Investors at 5.85 times, and Qualified Institutional Buyers (QIBs) at 0.05 times

Axis Bank to raise funds through infra bonds, may announce issue in Sept

The Indian government's strong capital expenditure push, with budget allocation at a record Rs 11.11 trillion ($132.40 billion), is prompting banks to raise funds