Page 48 - Initial Public Offerings Ipos

Ola Electric IPO allotment today: GMP tumbles; Check expected listing price

The shares of Ola Electric are scheduled to be allotted today. Once the allotment is finalised, investors can check the allotment status by visiting the official website of BSE or Link Intime India

FirstCry's parent Brainbees Solutions IPO subscribed 11% on Day 1 of offer

The public issue of Pune-based Brainbees Solutions consists of a fresh issue of equity shares valued at Rs 1,666 crore and an OFS (offer for sale) component of up to 5.44 crore shares

Unicommerce eSolutions IPO opens today: GMP up 23%; Should you subscribe?

Unicommerce eSolutions raised Rs 124.46 crore from anchor investors on Monday, August 5, 2024, ahead of its opening for public subscription

Ola IPO waits to cross the line ; FirstCry's anchor book sets off

75% of Ola's maiden issue is reserved for qualified institutional buyer

FirstCry IPO opens today: 7 things to know before you bid for the issue

FirstCry IPO is available at a price band of Rs 440-465 per share with a lot size of 32 shares of the company

Ceigall India's IPO subscribed 13.75 times on last day of share sale

The initial public offer of infrastructure company Ceigall India got subscribed 13.75 times on the last day of share sale on Monday. The Rs 1,252.66-crore initial share sale received bids for 30,68,91,912 shares against 2,23,13,663 shares on offer, as per NSE data. The quota for Qualified Institutional Buyers (QIBs) received 31.50 times subscription while non-institutional investors' part got subscribed 14.40 times. The portion for Retail Individual Investors (RIIs) garnered 3.72 times subscription. The Ludhiana-based company's IPO is a combination of a fresh issue of Rs 684.25 crore and an offer-for-sale (OFS) of up to 1.42 crore equity shares worth Rs 568.41 crore, at the upper end of the price band, by the promoters, and an individual shareholder. This takes the total issue size to Rs 1,252.66 crore. Price range for the offer is Rs 380-401 per share. Ceigall India on Wednesday said it has mobilised Rs 375 crore from anchor investors. Proceeds from the fresh issue will be used

Baazar Style Retail raises Rs 37 cr from Volrado Partners in pre-IPO round

Baazar Style Retail Ltd on Monday said it has mobilised Rs 37 crore from venture-capital fund Volrado Ventures Partners Fund II in a pre-IPO (initial public offering) round. With this, the IPO-bound company's fresh issue size has been reduced to Rs 148 crore, from Rs 185 crore earlier. Additionally, the Kolkata-based company's maiden public issue consists of an Offer-For-Sale (OFS) component of up to 1.68 crore shares by promoter group entities and other selling shareholders, according to the draft red red herring prospectus (DRHP). Under the OFS, Rekha Rakesh Jhunjhunwala will sell 27.23 lakh equity shares, Intensive Softshare Private Ltd will offload 22.40 crore shares and Intensive Finance Pvt Ltd will divest 14.87 lakh shares among others. The offer includes a reservation for subscription by eligible employees. In a public announcement on Monday, Baazar Style Retail said it had undertaken a private placement of 9,56,072 equity shares to Volrado Ventures Partners Fund II at an

Ola Electric IPO day 2: Retail subscription surges; Check latest GMP & more

The subscription window for the Ola Electric IPO, which is available at a price band of Rs 72-76 apiece, closes on Tuesday, August 6, 2024

Sensex, Nifty fall today on global worries but IPO GMPs remain steady

A GMP is the premium amount at which IPO shares are traded before they are listed on the stock exchanges. This also indicates investor sentiment towards public issues

Last Day! Ceigall India IPO closes today; Should you Bid? Check GMP & more

The three-day subscription window to apply for Ceigall India IPO, which opened on Thursday, August 1, 2024, closes today

Ceigall India IPO gets fully subscribed on the second day of offer

The initial public offer of infrastructure company Ceigall India got fully subscribed on the second day of subscription on Friday. The Rs 1,252.66-crore initial share sale received bids for 2,74,18,073 shares against 2,23,13,663 shares on offer, as per the NSE data. The category for non-institutional investors received 1.75 times subscription, while the retail individual investors portion got subscribed 1.65 times subscription. The quota for qualified institutional buyers subscribed a mere 1 per cent. Ceigall India on Wednesday said it has mobilised Rs 375 crore from anchor investors. The initial public offering (IPO) has a price band of Rs 380-401 per share. The public issue will conclude on August 5. The Ludhiana-based company's IPO is a combination of a fresh issue of Rs 684.25 crore and an Offer-For-Sale (OFS) of up to 1.42 crore equity shares worth Rs 568.41 crore, at the upper end of the price band, by the promoters, and an individual shareholder. This takes the total issue

Firstcry IPO to open on August 6; Here's all you need to know about issue

As investors await the subscription window to open for Firstcry IPO, here are some key details that you should know before bidding for the public issue

Akums Drugs IPO: How to check allotment; latest GMP, expected listing price

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

India ranks one in number of IPOs and issuances globally: Sebi's Buch

Sebi Chairperson Madhabi Puri Buch said that Sebi is working towards simplifying the IPO documents and filing templates

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