Page 12 - Ipo Activity

Neilsoft files IPO draft with Sebi to raise funds via public offering

Neilsoft, a technology-driven engineering services and solutions company, has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Pune-headquartered company's IPO is a combination of a fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 80 lakh shares by promoters and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS include Small Industries Development Bank of India and SICOM Ltd. Proceeds from the fresh issue to the extent of Rs 69.63 crore will be used for funding of capital expenditure. Besides, a portion will be utilised for general corporate purposes. Founded in 1991, Neilsoft provides customised engineering services, including AEC design solutions, industrial plant design, and manufacturing equipment and production line design. It also offers Engineering Process Outsourcing (EPO) services and develops tailored .

IPO Calendar: 9 public offerings to keep investors busy next week

From opening to allotment and listing, here is the complete list of IPO activities set to keep the D-Street investors busy next week

Will India's IPO market scale new heights in 2025? Experts predict this

Market analysts anticipate the strong momentum to continue in 2025, offering ample opportunities to investors to dive across diverse sectors and industries

Concord Enviro share list at 19% premium on BSE; misses IPO GMP trend

Concord Enviro IPO listing underperformed the grey market expectations. Ahead of the listing, Concord Enviro IPO shares were trading at Rs 839 apiece, reflecting a GMP of Rs 138, or 19.7%

Sanathan Textiles shares list at 31% premium on NSE; follow GMP trend

Sanathan Textiles shares made a sublime debut, listing at Rs 419 a piece on the BSE, reflecting a premium of Rs 102 or 30.5 per cent against the iss

Unimech Aerospace IPO allotment today: Check status, GMP, listing schedule

Once the Unimech Aerospace IPO share allotment is finalised, investors can check their allotment status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue

Market Today: Nifty today; Unimech IPO allotment; Mamata, Sanathan listing

Stock Market Today, Dec 27: Concord Enviro Systems IPO, Sanathan Textiles IPO, Mamata Machinery IPO, DAM Capital Advisors IPO, and Transrail Lighting IPO will list on the NSE and BSE today

Equity raised through IPOs will cross Rs 2 trillion in 2025: Report

Among the 76 main-board IPOs listed so far, 53 companies are trading at a premium to their offer prices, with 11 of them trading at a premium of over 100% from their offer prices.

IPO performance 2024: 91 public offerings raise Rs 1.59 trillion this year

According to analysts, IPO market was back with a bang in 2024 as many retail and high net-worth individual (HNI) investors discovered IPOs as another route to generate alpha in their portfolios

Unimech Aerospace IPO closes today; Subscription rises 33x, GMP zooms 80%

Unimech Aerospace shares were quoted at Rs 1,415 apiece, reflecting a grey market premium (GMP) of Rs 630, or 80.25 per cent against the upper end of the IPO price

Ventive Hospitality IPO gains 9.82 times subscription on last day of offer

As of September 2024, the company's portfolio has 11 operational properties, comprising 2,036 keys across the luxury, upper upscale and upscale segments

Carraro India IPO subscribed 1.12 times on final day of bidding offer

The initial share sale of Carraro India Ltd got subscribed 1.12 times on the last day of bidding on Tuesday. The Initial Public Offer (IPO) received bids for 1,46,18,814 shares against 1,30,98,803 shares on offer, as per NSE data. The qualified institutional buyers (QIBs) part got subscribed 2.21 times, while the retail individual investors (RIIs) portion received 71 per cent subscriptions. Non-institutional investors attracted 60 per cent of subscriptions. Carraro India Ltd on Thursday said it has garnered Rs 375 crore from anchor investors. The issue has a price band of Rs 668-704 per share. Carraro India's IPO is completely an offer-for-sale (OFS) of shares worth Rs 1,250 crore by Carraro International SE, with no fresh issue component, according to the red herring prospectus. Since the entire issue is an OFS, all proceeds from the IPO will go directly to the selling shareholder rather than the company. Founded in 1997, Carraro India, a subsidiary of Carraro S.p.A, began its

Unimech Aerospace IPO worth Rs 500 cr subscribed 9 times on day 2 of offer

The initial public offer (IPO) of Unimech Aerospace and Manufacturing Ltd received 9.08 times subscription on the second day of bidding on Tuesday. The Rs 500-crore initial share-sale received bids for 4,27,26,573 shares against 47,04,028 shares on offer, as per NSE data. Non-institutional investors garnered 12.06 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 10.29 times. The category for Qualified Institutional Buyers (QIBs) fetched 4.64 times subscription. The IPO has a fresh issue of up to Rs 250 crore and an offer-for-sale (OFS) of up to Rs 250 crore. Price range for the offer has been fixed at Rs 745-785 per share. Anand Rathi Advisors Ltd and Equirus Capital Private Ltd are the book running lead managers to the offer. Unimech Aerospace is a high-precision engineering solutions company specialising in complex manufacturing solutions for the aerospace, defence, energy and semiconductor industries. Shares of the firm will be listed o

Stock Market Highlights: Sensex sheds 67pts, Nifty settles at 23,727; Smallcap shares shine

Markets Today LIVE: With Wall Street, driven by the so-called Santa Clause rally, and Indian markets closing higher in the previous trading session, investors would be looking to continue the momentum

Indo Farm IPO to open on Dec 31 with price band of Rs 204-215 per share

Indo Farm Equipment on Tuesday fixed a price band of Rs 204 to Rs 215 per share for its initial share-sale that opens for public subscription on December 31. The Rs 260-crore issue will conclude on January 2 and the bidding for anchor investors will open for a day on December 30, the company announced. The initial public offering (IPO) of Indo Farm Equipment comprises fresh issue of 86 lakh equity shares and an offer for sale (OFS) of 35 lakh equity shares by promoter Ranbir Singh Khadwalia. Proceeds from the fresh issue will be used to set up a new dedicated unit for expansion of the company's pick & carry cranes manufacturing capacity, payment of debt, investment in the company's NBFC subsidiary Barota Finance for financing the augmentation of its capital base to meet its future capital requirements. Indo Farm Equipment manufactures tractors, pick & carry cranes and other farm equipment. At the upper end of the price band, the IPO size has been pegged at Rs 260 crore, ...

Upcoming IPO: EV player Greaves Electric Mobility files DRHP with Sebi

Greaves Electric Mobility intends to use the proceeds from the fresh issue of shares for product research, development, and building battery assembly capabilities, and boosting manufacturing capacity

A guide to check Concord Enviro allotment status on BSE, NSE, Link Intime

Concord Enviro IPO share allotments are set to be finalised today. The unlisted shares of Concord Enviro are trading at Rs 756 in unofficial markets, reflecting a GMP of Rs 55 or 7.85 per cent

DAM Capital Advisors IPO allotment: Check status, GMP, likely listing price

The basis of allotment for DAM Capital Advisors IPO shares is expected to be finalised today. Investors can check the final subscription status, allotment status, GMP, and listing schedule here

Market Today: BoJ Minutes; Sanathan, DAM IPO allotment; NACDAC listing

Stock Market Today: Ventive Hospitality IPO, Senores Pharmaceuticals IPO, Carraro India IPO will close for subscription today

DAM Capital IPO sees 81.88 times subscription on closing day of bidding

The initial public offer of investment bank DAM Capital Advisors Ltd was subscribed 81.88 times on the closing day of bidding on Monday. The initial share sale received bids for 1,70,35,38,349 shares against 2,08,04,632 shares on offer, according to NSE data. Qualified institutional buyers (QIBs) part received a whopping 166.33 times subscription, while the quota for non-institutional investors attracted 98.47 times bid. Retail individual investors (RIIs) portion fetched 26.80 times the subscription. The initial share sale of DAM Capital Advisors Ltd was fully subscribed hours after opening for bidding on Thursday. DAM Capital Advisors on Wednesday said it has raised Rs 251 crore from anchor investors. The initial share sale has a price band of Rs 269-283 per share. The IPO is solely an offer for sale (OFS) of 2.97 crore equity shares worth Rs 840.25 crore by a promoter and investors at the upper end of the price band. Since the entire issue is an OFS, all the proceeds from the