Page 44 - Initial Public Offerings Ipos

Orient Technologies IPO: GMP hints double digit listing gains for investors

As investors await the listing of Orient Technologies' shares on the bourses tomorrow, Wednesday, August 28, 2024, the grey market premium hints at a favourable debut for the company's shares

Rekha Jhunjhunwala set to pocket Rs 106 cr from Baazar Style Retail IPO

Among those investors selling shares is Rekha Rakesh Jhunjhunwala, who owns 5,446,240 shares, representing a 7.69 per cent stake in the company

Brokerages bet BIG on Premier Energies IPO; should you bid? Details inside

The latest grey market premium (GMP) of Premier Energies IPO, which opens for subscription today, was quoted around Rs 358, or 80 per cent, at the upper end of the issue price

Premier Energies collects Rs 846 cr from anchor investors ahead of IPO

The company has allocated 1.88 crore equity shares to 60 funds at Rs 450 apiece, aggregating the transaction size to Rs 846.11 crore

Orient Technologies IPO allotment; Check status, GMP & likely listing price

Once the allotment is finalised, investors can check the allotment status by visiting the official website of BSE, NSE or Link Intime India, the registrar for the issue

Jeyyam Global Foods' IPO to be out on Sept 2, seeks to raise Rs 80-82 cr

Jeyyam Global Foods Ltd, manufacturers and involved in processing and supply of Bengal gram (Channa), fried gram, would come out with their Initial Public Offering on September 2 as it plans to raise Rs 80-Rs 82 crore to fuel its expansion plans, an official said on Saturday. The city-headquartered company would utilise the funds to be raised for its foray into business to consumer (B2C) segments, capital expenditure besides, widening product portfolio, Shrreyans Mehta, a member of the Group said here. "We have identified 99 clusters across India to procure the fried gram, polished channa and we will be doing the cleaning and grading at the place of procurement..We will also be launching soya chunks and vermicelli," he told reporters on their future plans. From the funds to be raised, he said, the company would set up three manufacturing units, one each in Latur, and Nanded in Maharashtra and the third facility at Indore, Madhya Pradesh. "We will be scaling up the production of fr

Hero Motors Ltd files preliminary papers with Sebi for Rs 900 cr IPO

Hero Motors Ltd, the auto-components firm of the Hero Motors Company (HMC) Group, on Saturday filed preliminary papers with markets regulator Sebi to raise Rs 900 crore through an initial public offering (IPO). The IPO is a combination of a fresh issue of equity shares worth Rs 500 crore and an Offer-For-Sale (OFS) of shares valued at Rs 400 crore by promoters, according to the draft red herring prospectus (DRHP). The OFS includes Rs 250 crore worth of shares by O P Munjal Holdings, and Rs 75 crore each by Bhagyoday Investments and Hero Cycles. The company may consider a pre-IPO placement of Rs 100 crore. If such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the tune of Rs 202 crore will be used for debt payment, Rs 124 crore for purchase of equipment required for expansion in capacity of the company's facility in Gautam Buddha Nagar, Uttar Pradesh. Hero Motors is India's leading automotive technology company engaged in designing, .

Pune based Carraro India files draft papers with Sebi for Rs 1,812 cr IPO

Carraro India Ltd, manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, on Saturday filed draft papers with markets regulator for Sebi for its Rs 1,812-crore initial public offering (IPO). The Pune-based company's initial share-sale is completely an Offer-For-Sale (OFS) by Carraro International S.E, according to the draft red herring prospectus (DRHP). Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than to the company. Founded in 1997, Carraro India, a subsidiary of Carraro S.p.A, began its manufacturing journey with transmission systems in 1999 and axles in 2000. The company started its operations using IP rights licensed from other entities within the Carraro Group and specializes in complex engineering products and solutions for original equipment manufacturer (OEM) customers. It serves as an independent tier 1 provider, concentrating on axles and ...

Aeron Composite fixes price band at Rs 121-125 a share for Rs 56 cr IPO

Aeron Composite Ltd on Saturday said it has fixed the price band at Rs 121-125 per share for its SME initial public offering which will open for subscription on August 28. The company plans to raise up to Rs 56.10 crore from its SME public issue, Aeron Composite said in a statement. The company has received approval to launch its public issue on NSE Emerge Platform of the National Stock Exchange, it added. The public issue will conclude on August 30. Investors can bid for a minimum of 1,000 shares and in multiples thereof. The IPO is entirely a fresh issue of 44.88 lakh equity shares of face value Rs 10 each. Retail investor quota for the initial public offering (IPO) is kept at not less than 35 per cent of the net offer, Non institutional investor quota is kept at not less than 15 per cent of the offer and QIB portion is kept at not more than 50 per cent of the offer. The company has proposed to utilise IPO proceeds for funding the capital expenditure requirements towards settin

New IPO! Blackstone-owned IGI India files DRHP with Sebi to raise Rs 4k cr

IGI IPO: With this initial public offering, the company is offering a fresh issue of shares worth up to Rs 1,250 crore and an offer for sale of Rs 2,750 crore of equity shares

IPO calendar next week: 6 new issues, 8 listings to ignite primary markets

Shares of Orient Technologies, and Interarch Building Products will list on the bourses, while IPOs of Premier Energies, and ECOS (India) Mobility & Hospitality will open for subscription next week

Last Chance! Orient Tech IPO ends today: should you bid? Check GMP & more

Adding to the buzz, Orient Technologies shares are commanding a grey market premium (GMP) of Rs 70, or 34 per cent, at the upper end of the IPO price on Friday

Upcoming IPO Alert! 7 takeaways from solar cell maker Premier Energies' RHP

Premier Energies IPO opens for the public subscription on Tuesday, August 27, 2024. Here are the key things to know from Premier Energies' RHP papers ahead of the opening of the public issue

Interarch Building IPO: Check allotment status, GMP & likely listing price

Interarch Building Products IPO allotment today: Once the allotment is finalised, investors can check the allotment status by visiting the official website of BSE or Link Intime India

Orient Tech IPO fully booked on Day 1; GMP up 34% today; should you bid?

Investors can bid for a minimum of 72 shares and in multiples thereof. Accordingly, the minimum amount required by a retail investor to bid for the Orient Technologies IPO is Rs 14,832

Interarch Building Products IPO gets subscribed to 93.46 times on last day

The initial public offer of construction solutions provider Interarch Building Products got subscribed a whopping 93.46 times on the last day of subscription on Wednesday. The Rs 600-crore initial share sale received bids for 43,87,96,464 shares against 46,91,585 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) received 205.41 times subscription while the quota for Non-Institutional Investors fetched 128.42 times subscription. The Retail Individual Investors (RIIs) part got subscribed 19.11 times. The initial public offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 44,47,630 equity shares. The price range for the offer is fixed at Rs 850-900 per share. The IPO of Interarch Building Products was fully subscribed on the first day of subscription on Monday. The initial share sale will conclude on August 21. Proceeds from the fresh issue will be used for capital expenditures, system upgrades and general corporat

Interarch Building Products IPO ends today: GMP zooms 40%; Should you bid?

The unlisted shares of Interarch Building Products continue to command a strong grey market premium (GMP) on the final day of subscription

Orient Technologies IPO opens today: GMP jumps 15%; should you subscribe?

Orient Technologies shares are trading at a premium of Rs 30 or 14.56 per cent at the upper end of the issue price, indicating positive sentiments for the public issue

Unimech Aerospace Ltd files draft papers with Sebi for Rs 500 cr IPO

Unimech Aerospace and Manufacturing Ltd has filed draft papers with capital markets regulator Sebi to float a Rs 500-crore initial public offering (IPO). The Bengaluru-based company's IPO comprises fresh issue of equity shares worth Rs 250 crore and an offer of sale (OFS) of up to Rs 250 crore by promoter and the promoter group, as per the draft red herring prospectus (DRHP). The offer also includes a reservation for a subscription by eligible employees. Funds raised from the fresh issue to will be used for expansion through the purchase of machineries and equipment, funding working capital requirements, investment in its material subsidiary, payment of debt and general corporate purposes. Unimech Aerospace is a high precision engineering solutions company specialising in complex manufacturing solutions for the aerospace, defence, energy, and semiconductor industries. The company has recently raised Rs 250 crore from investors, including Steadview Capital Mauritius Ltd, ValueQuest

Haryana-based Innovision files IPO papers with Sebi, eyes Rs 315 cr

Manpower services company Innovision Ltd has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Haryana-based company's proposed IPO is a mix of fresh issuance of Rs 315 crore and an Offer For Sale (OFS) of up to 11.81 lakh equity shares by promoters, according to the Draft Red Herring Prospectus (DRHP). Those selling shares in the OFS are Randeep Hundal and Uday Pal Singh. As per the draft papers filed on Monday, proceeds from the fresh issuance to the extent of Rs 55 crore will be used towards payment of debt, Rs 160 crore for funding working capital requirements of the company and, besides, a portion will be used for general corporate purposes. The company specialises in providing manpower services, which include manned private security, integrated facility management services, as well as manpower sourcing and payroll management. The toll plaza management operations involves user fee collection and related services