Page 45 - Initial Public Offerings Ipos

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

Final Hours! Premier Energies IPO ends today; GMP up 88%; Should you bid?

The public issue of Premier Energies has received a positive response from investors, with getting subscribed 6.61 times by the end of the second day of bidding

Orient Tech shares hit 5% upper circuit on BSE; up 48% from IPO price

Orient Technologies shares listed at Rs 290 on the BSE, reflecting a 40.77 per cent premium over the upper end of its issue price of Rs 206

IPO-bound hotel chain Oyo aims three-fold profit surge to over Rs 700 crore

Earlier this year, OYO reported its first PAT of nearly Rs 229 crore for the financial year 2023-24 (FY24). OYO achieved a PAT of about Rs 132 crore in Q1 FY25

ECOS Mobility IPO hits high gear: GMP jumps 58%; should you bid?

ECOS Mobility IPO, which is entirely an offer for sale of 18,000,000 shares with a face value of Rs 2, is available at a price band of Rs 318-334 per share, with a lot size of 44 shares

Resourceful Automobile's Rs 12 cr IPO oversubscribed by 419 times

The recent Rs 12 crore initial public offering of Resourceful Automobile, a Delhi-based company with just two outlets and a workforce of eight, has taken the market by storm with the issue receiving bids worth close to Rs 4,800 crore. Founded in 2018, Resourceful Automobile operates under the brand name Sawhney Automobile, dealing in Yamaha two-wheelers. It specialises in the sales and servicing of motorcycles and scooters. The company's IPO, which was open for subscription from August 22 to 26, saw an overwhelming response, with bids for 40.76 crore shares against the 9.76 lakh shares on offer translating into a subscription of 419 times on the third day of the bidding process, data showed. The SME IPO was subscribed 10.35 times on Day 1 and 74.13 times on Day 2. Overall, the non-institutional investor category subscribed 315.61 times, while retail investors showed even greater enthusiasm, subscribing 496.22 times. VK Vijayakumar, Chief Investment Strategist at Geojit Financial .

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