Page 47 - Initial Public Offerings Ipos

Ola Electric IPO Day 1: Subscription rise; Check today's GMP, other details

Investors can bid for the Ola Electric IPO until it closes on Tuesday, 6 August 2024

Ola Electric IPO opens today: GMP signals upside potential; Analysts weigh

Ola Electric IPO, which opens for subscription today, will be available at a price band of Rs 72-76 per share with a lot size of 195 shares

Upcoming IPOs in August 2024: Ola Electric, First Cry, and more: Full list

August 2024 is also filled with numerous investment opportunities in several IPOs in India, starting with Ceigall India and Dhariwalcorp, which opened for subscription on August 1

Hero FinCorp files papers with Sebi to raise Rs 3,668 crore via IPO

Hero FinCorp, the financial services division of two-wheeler manufacturer, Hero MotoCorp, has filed preliminary papers with capital markets regulator Sebi to raise Rs 3,668 crore through an Initial Public Offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares worth Rs 2,100 crore and an Offer For Sale (OFS) of Rs 1,568 crore by investor shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday. Those selling shares in the OFS are -- AHVF II Holdings Singapore II Pte. Ltd, Apis Growth II (Hibiscus) Pte. Ltd, Link Investment Trust (through Vikas Srivastava) and Otter Ltd. Proceeds from the fresh issue will be used to increase the company's capital to meet future funding needs for lending activities. Hero FinCorp is a NBFC offering a diversified suite of financial products catered primarily to the retail, micro, small and medium enterprise (MSME) customer segments in India. As of March 2024, the NBFC firm had assets under ...

Ceigall India IPO opens tomorrow; GMP, price band, key details to know

Ceigall India is an infrastructure construction company with expertise in specialised structural projects. The company intends to raise Rs 1,252.66 crore from the IPO

Ceigall India collects Rs 375 cr from anchor investors ahead of IPO

Infrastructure company Ceigall India Ltd on Wednesday said it has mobilised Rs 375 crore from anchor investors, a day before its initial share-sale opening for public subscription. ICICI Prudential Mutual Fund (MF), HDFC MF, Axis MF, Bandhan MF, ICICI Prudential Life Insurance Company Ltd, Bajaj Allianz Life Insurance Company Ltd and Max Life Insurance Ltd are among the anchor investors, according to a circular uploaded on BSE's website. Additionally, Nomura, Integrated Core Strategies(Asia) PTE Ltd, Societe Generale, Morgan Stanley Asia (Singapore) PTE and Citigroup Global Markets Mauritius have been allocated shares in the anchor round. As per the circular, the infrastructure company has allotted 93.56 lakh shares to 29 funds at Rs 401 apiece. This aggregates the transaction size to Rs 375.2 crore. The initial public offering (IPO), with a price band of Rs 380 to Rs 401 per share, will open for subscription on August 1 and conclude on August 5. The Ludhiana-based company's IPO i

High returns, govt support pushes AIFs to explore SME-focused IPOs

The high returns from Initial Public Offerings (IPOs) of Small and Medium Enterprises (SMEs) in recent years, coupled with government support for the sector, have encouraged Alternative Investment Funds (AIFs) to explore this growth potential. AIF is a fund established or incorporated in India which is a privately pooled investment vehicle. Paradise Moon Investment Fund, an AIF, has announced its launch with the aim of raising Rs 750 crore over the next few years, targeting investors looking to leverage the growth of the SME market pre and post-IPOs. The fund aims to provide investors with a unique opportunity to tap into the growing potential of the Indian stock market and capitalize on the dynamic landscape of SME IPOs, an official said. Approximately 900 SMEs have been listed on the SME platforms of both the National Stock Exchange and the BSE, with significant traction observed over the past 2-3 years. We seek to invite investment in Category 1 Alternative Investment Fund (AIF

IPO listing today: Chetana Education shares list at 16% premium on NSE SME

Chetana Education shares listed at Rs 98.90 on the exchange, compared to the IPO issue price of Rs 85, yielding a return of 16.35 per cent per share for investors

Manglam Infra listing today: Shares make bumper debut, list at 90% premium

The grey market premium (GMP) of Manglam Infra Services' IPO shares soared over 92 per cent ahead of its listing on Wednesday, indicating solid listing gains for investors

Ola Electric set for IPO with Rs 12-13 GMP, price band at Rs 72-76 a share

The grey market premium (GMP) for Ola Electric's shares is estimated at Rs 12-13, suggesting a potential premium of 16% over the issue price

Ola Electric IPO: 10 key points to know from India's 1st EV startup RHP

As investors await the subscription window to open, here are the 10 key points taken from the Red Herring Prospectus (RHP) of SoftBank-backed Ola Electric IPO

Akums Drugs IPO opens today: GMP up; should you bid? Check brokerage calls

The three-day subscription window of the Akums Drugs & Pharmaceuticals IPO opens today. Should You Subscribe to the public issue? Here's what brokerages recommend

India's biggest 2024 IPOs as stock markets boom: All you need to know

More than 150 companies have raised nearly $5 billion through IPOs between January and July

RNFI Services listing today: Shares make bumper debut, list at 90% premium

The grey market premium (GMP) of RNFI Services' IPO shares soared over 81 per cent ahead of its listing, indicating solid listing gains for investors

IPO calendar next week: 8 public offerings to open for bid; Check full list

The upcoming week is poised to offer a plethora of opportunities to investors as many as nearly eight IPOs are scheduled to open for subscription

Sanstar IPO GMP soars ahead of listing on NSE, BSE: What experts predict

Available at the price band of Rs 90 - Rs 95 per share and a lot size of 150 shares, Sanstar IPO was subscribed 82.99 times until the final day of subscription on Tuesday, July 23, 2024

Sanstar IPO opens today; check price band, GMP, should you subscribe?

The IPO comprises a fresh issue of 41.8 million shares valued at Rs 397.1 crore and an offer for sale (OFS) of 11.9 million shares worth Rs 113.05 crore.

Sanstar's IPO to open on July 19; sets price band at Rs 90-95 per share

Plant-based speciality products company Sanstar Ltd on Monday said it has fixed a price band of Rs 90 to 95 a share for its Rs 510-crore Initial Public Offering (IPO). The initial share sale will open for public subscription on July 19 and conclude on July 23, the Ahmedabad-based company announced. The IPO is a combination of a fresh issue of 4.18 crore shares and an Offer For Sale (OFS) of 1.19 crore shares by selling shareholders. At the upper end of the price band, the IPO size is pegged at Rs 510.15 crore. Proceeds from the fresh issue to the tune of Rs 181.55 crore will be utilised to fund the capital expenditure requirement for the expansion of the company's Dhule facility, Rs 100 crore for debt payment and a portion will also be used for general corporate purposes. Sanstar is one of the major manufacturers of plant-based speciality products and ingredient solutions in India. The company's speciality products and ingredients add taste, texture, nutrients and increased ...

Ratlam-based Kataria industries to float Rs 54.5 cr IPO on July 16

Ratlam-based Kataria Industries has fixed the price band at Rs 91 to Rs 96 per share for its Rs 54.58-crore initial public offering, the company said on Sunday. The initial public offering (IPO) will be available for public subscription during July 16-19 and the bidding for anchor investors will open on July 15, the company said in a statement. The IPO is entirely a fresh issue of 56.85 lakh shares. The shares of the company will be listed on the NSE SME platform Emerge with a projected listing date of July 24, it added. The IPO comprises 50 per cent of the net issue for Qualified Institutional Buyers (QIBs), 35 per cent for retail investors and 15 per cent of the net issue for the non-institutional investor segment. The company proposes to utilise the net proceeds from the issue towards capital expenditure for plant and machinery, repayment of debt and general corporate purposes. At the upper end of the price band, the company will fetch up to Rs 54.58 crore. Further, investors c

Reliance Jio prepares for IPO in 2025 at $112 billion valuation: Jefferies

Jefferies said Jio might debut with a valuation around $112 billion, potentially contributing a 7%-15% increase in the share price of Reliance Industries