Page 13 - Ipo Activity

Concord Enviro IPO subscribed 10.67 times on final day of bidding

The Initial Public Offering (IPO) of Concord Enviro Systems Ltd received 10.67 times subscription on the final day of bidding on Monday. The Rs 500-crore IPO received bids for 5,35,33,347 shares, as against 50,15,356 shares on offer, as per NSE data. The Qualified Institutional Buyers (QIBs) part received 17.32 times subscription, while the quota for non-institutional investors got subscribed 14.20 times. The category for Retail Individual Investors (RIIs) fetched 5.56 times subscription. Concord Enviro Systems had raised Rs 150 crore from anchor investors. The IPO has a price range of Rs 665-701 per share. The IPO comprises a fresh issuance of equity shares worth Rs 175 crore and an Offer-for-Sale (OFS) of 46.41 lakh equity shares valued at Rs 325.33 crore, at the upper-end of the price band, by promoters and an investor. This aggregates the issue size to Rs 500.33 crore. The proceeds from the fresh issue will be invested in Concord Enviro FZE (CEF) for setting up a new assembl

Carraro India's IPO sees 22% subscription on second day of bidding

The initial public offering (IPO) of Carraro India Ltd was subscribed 22 per cent on the second day of share sale on Monday. The initial share sale received bids for 28,77,105 shares against 1,30,98,803 shares on offer, according to data available with the NSE. The category for retail individual investors (RIIs) got subscribed 35 per cent while the quota for non-institutional investors received 20 per cent subscription. Carraro India Ltd on Thursday said it has garnered Rs 375 crore from anchor investors. The issue, with a price band of Rs 668-704 per share, will conclude on December 24. 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 ...

Senores Pharma IPO sees 13.88 times subscription on day two of bidding

Senores Pharmaceuticals' initial public offering garnered 13.88 times subscription on Monday, the day two of bidding. The Rs 582-crore initial share sale got bids for 11,84,54,740 shares, as against 85,34,681 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) received 38.34 times subscription, while the non-institutional investors segment got subscribed 24.48 times. Qualified Institutional Buyers (QIBs) part received 35 per cent subscription. Senores Pharmaceuticals Ltd on Thursday said it has secured nearly Rs 261 crore from anchor investors. The IPO will conclude on December 24. The IPO has a price range of Rs 372-391 per share. The Ahmedabad-based company's IPO is a combination of fresh issuance of shares worth Rs 500 crore and an Offer-for-Sale (OFS) of up to 21 lakh shares valued Rs 82.11 crore, by promoters and other selling shareholders, at the upper-end of the price band. Proceeds from the fresh issue will be utilised for setting up a ...

Mamata Machinery IPO closes today; Subscription rises 37x, GMP up 107%

The subscription window to bid for the Mamata Machinery IPO closes today. Here are the key details of the IPO, including price band, lot size, subscription status, GMP, and allotment and listing dates

Unimech Aerospace IPO opens today: GMP up 61%; Should you subscribe?

Unlisted shares of Unimech Aerospace were trading at Rs 1,265 apiece, reflecting a grey market premium (GMP) of Rs 480 or 61.15 per cent against the upper end of the IPO price of Rs 785

Sanathan Textiles IPO worth Rs 550 cr gets 1.43 times subscription on Day 2

The initial share sale of yarn manufacturer Sanathan Textiles Ltd garnered 1.43 times subscription on day two of bidding on Friday. The initial public offering (IPO) received bids for 1,80,43,086 shares against 1,26,22,950 shares on offer, according to NSE data. Retail individual investors (RIIs) quota got subscribed 2.15 times while the category for non-institutional investors collected 1.53 times subscription. Qualified institutional buyers (QIBs) portion fetched 9 per cent subscription. Sanathan Textiles on Wednesday said it has mobilised Rs 165 crore from anchor investors. The issue, with a price band of Rs 305-321 per share sale, will conclude on December 23. The company's Rs 550-crore IPO is a combination of a fresh issue of equity shares aggregating up to Rs 400 crore and an offer for sale (OFS) of shares valued Rs 150 crore by promoters and promoter group entities. The company plans to utilise proceeds from its fresh issue worth Rs 160 crore for payment of debt, while Rs

DAM Capital IPO receives 6.98 times subscription on Day 2 of offer

The initial public offer of investment bank DAM Capital Advisors Ltd received 6.98 times subscription on the second day of share sale on Friday. The IPO got bids for 14,52,54,503 shares against 2,08,04,632 shares on offer, as per data available with the NSE. Non-Institutional Investors part received 11.49 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 8.96 times. Qualified Institutional Buyers (QIBs) garnered 7 per cent subscription. The initial share sale of DAM Capital Advisors Ltd got 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, with a price band of Rs 269-283 per share, will conclude on December 23. 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. Those selling shares in the OFS are promoter Dharm

Carraro India's IPO worth Rs 1,250 cr subscribed 9% on day one of listing

Carraro India's initial public offer got subscribed 9 per cent on the first day of share sale on Friday. The initial share sale of the manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, received bids for 11,24,277 shares against 1,30,98,803 shares on offer, as per NSE data. Retail Individual Investors (RIIs) portion mopped up 15 per cent subscription while the category for non-institutional investors received 6 per cent subscription. Carraro India Ltd on Thursday said it has garnered Rs 375 crore from anchor investors. The issue, with a price band of Rs 668-704 per share, will conclude on December 24. 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 the proceeds from the IPO will go directly to the selling shareholder, rather than the ...

Senores pharma IPO subscribed 1.78 times on Day 1, retail demand strong

The initial share sale of Senores Pharmaceuticals Ltd got subscribed 1.78 times on Friday, the first day of bidding. The Initial Public Offer (IPO) received bids for 1,51,51,550 shares against 85,34,681 shares on offer, according to NSE data. Retail Individual Investors (RIIs) part fetched 7.19 times subscription while the quota for non-institutional investors got subscribed 1.67 times. Qualified Institutional Buyers (QIBs) quota got subscribed 1 per cent. Senores Pharmaceuticals Ltd on Thursday said it has secured nearly Rs 261 crore from anchor investors. The Rs 582-crore IPO will conclude on December 24. The IPO has a price range of Rs 372-391 per share. The Ahmedabad-based company's IPO is a combination of fresh issuance of shares worth Rs 500 crore and an offer for sale (OFS) of up to 21 lakh shares valued Rs 82.11 crore, by promoters and other selling shareholders, at the upper end of the price band. Proceeds from the fresh issue will be utilised for setting up a manufactur

Mamata Machinery IPO Day 2: Subscription soars 23x, GMP zooms 107%

Mamata Machinery shares were trading at Rs 503 apiece, reflecting a grey market premium (GMP) of Rs 260 or 107 per cent per share over the upper end of the IPO price band of Rs 243

Senores Pharmaceuticals IPO opens today: GMP up 38%; Should you apply?

Senores Pharma IPO opens today, December 20, 2024, and closes for subscription on December 24, 2024. Check issue size, price band, lot size, GMP, reviews, and other key details here

Senores Pharmaceuticals IPO zooms 38% ahead of launch; key details from RHP

As investors await the opening of the subscription window, here are the key details of the Senores Pharmaceuticals IPO, as disclosed in the Red Herring Prospectus filed by the company

Concord Enviro IPO opens today; Check GMP, price band: Should you bid?

The Concord Enviro IPO is a book-built issue, with a total size of Rs 500.33 crore. Concord Enviro IPO is structured as a combination of a fresh issue and an offer for sale (OFS)

Sanathan Textiles IPO invites bids: Analysts weigh on long-term prospects

Sanathan Textiles raised Rs 165 crore from anchor investors on Wednesday, December 18 with key anchors including SBI Magnum Children's Benefit Fund, Nippon India SmallCap Fund, HDFC Manufacturing Fund

Mamata Machinery IPO opens today: GMP up 82%; Should you subscribe?

Ahead of its public offering launch, unlisted shares of Mamata Machinery were commanding a strong premium in the grey market, indicating favorable sentiment for the IPO

Bumper debut! Toss The Coin lists at 90% premium, hits upper circuit later

Shares Toss The Coin made a solid debut on the BSE SME today, continuing their upward momentum to hit the upper circuit within a few minutes of listing

Upcoming IPO: Anand Rathi's brokerage arm files draft papers with Sebi

With the IPO, Anand Rathi Share and Stock Brokers is planning to raise up to Rs 745 crore, which comprises an entire fresh issue of shares with a face value of Rs 5 apiece

Vishal Mega Mart IPO sees huge response, subscribed 27.28 times at close

The IPO of the Gurugram-based supermart major is entirely an offer-for-sale (OFS) of shares by promoter Kedaara Capital-led Samayat Services LLP, Samayat Services LLP, with no fresh issue of equity

Identical Brains Studios announces IPO on Dec 18 to raise Rs 20 crore

Visual Effects (VFX) firm Identical Brains Studios on Thursday said it is gearing up to raise Rs 20 crore through an initial public offering (IPO) on December 18. The announcement comes after NSE Emerge granted in-principle approval for the IPO earlier this month. The three-day public issue will conclude on December 20, the company announced. The Mumbai-headquartered company's public issue will comprise a fresh issuance of 36.94 lakh equity shares with a face value of Rs 10 each. Proceeds from the IPO will be utilized to expand and enhance the company's operations. This includes renovating the existing office and studio in Andheri, establishing a new branch office in Lucknow, and setting up a Color Grading Digital Intermediate (DI) and Sound Studio at a new branch office in Andheri. Additionally, the funds will be used to purchase essential equipment such as computers, storage systems, and software to upgrade existing facilities. The remaining portion of the proceeds will be alloc

Inventurus Knowledge Solutions IPO opens today: GMP up 32%; Should you bid?

Rekha Jhunjhunwala-backed Inventurus Knowledge Solutions (IKS) IPO, comprising an entirely offer for sale (OFS) of 18,795,510 equity shares, is available at a price band of Rs 1,265-Rs 1,329 per share