Page 49 - Initial Public Offerings Ipos

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

ECM fees pool hits 17-year high as activity zooms 2.5x to to $29.5 bn

Citi topped the ECM league table as it handled $3.3 billion worth of proceeds and garnered a market share of 11.3 per cent

NSE imposes cap on price of SME debutants amid concerns of manipulation

The change will be made effective from Thursday onwards

Vraj Iron hits upper circuit after listing at 16% premium over issue price

Vraj Iron and Steel listed at Rs 240 apiece on both the BSE and NSE, marking a premium of 15.94 per cent over its IPO price of Rs 207 per share

Bansal Wire IPO opens on July 03; check price band, GMP, should you bid?

The Bansal Wire IPO subscription period opens on July 3, 2024, and closes on July 5, 2024

Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?

Vraj Iron and Steel IPO has seen a strong demand, with the issue being subscribed 8.3 times on Day 2 by 12:30 PM

Stock Market Highlights, June 25: Sensex jumps 712pts, surpasses 78k for 1st time; Nifty tops 23,700

Stock Market Highlights on Tuesday, June 25, 2024: The m-cap of all the companies listed on the BSE stood at Rs 436 trillion at the end of the session