Enviro Infra Engineers IPO sees strong demand, oversubscribed 4.32 times on Day 2. Check the latest IPO subscription status and GMP updates
The highest demand for the NTPC Green Energy IPO came from retail investors, who oversubscribed their reserved category by 2.54 times, followed by QIBs at 0.75 times and NIIs at 0.38 times, as per NSE
Solar panel maker Saatvik Green Energy has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,150 crore through an initial public offering (IPO). The Haryana-based company's proposed IPO is a combination of a fresh issue of shares worth Rs 850 crore and an offer for sale (OFS) of Rs 300 crore by promoters -- Parmod Kumar and Sunila Garg, according to the draft red herring prospectus (DRHP) filed on Monday. At present, promoters hold over 90 per cent stake in the company. Proceeds from the fresh issue to the tune of Rs 553 crore will be used for setting up a 4 GW solar PV module manufacturing facility in Odisha, Rs 96 crore for investment in its subsidiary Saatvik Solar Industries in the form of debt or equity for payment of borrowings, Rs 12.3 crore will be used to pay the company's debt and a portion will be used for general corporate purposes. As of June 2024, the company's total borrowing stood at Rs 256 crore. Saatvik Green Energy is a solar photovolta
As the IPO approaches, here are the key highlights from the C2C Advanced Systems' RHP that every investor should know
Tax implications on IPO gains depend on holding periods, with short-term gains taxed at 20% and long-term gains exceeding Rs 1.25 lakh taxed at 12.5%.
Swiggy IPO has been subscribed 0.73 times in the retail investor quota, 0.17 times by NIIs, and 0.14 times by QIBs
Shares of Deepak Builders & Engineers made a subdued debut on bourses on Monday. On the BSE, Deepak Builders shares listed at Rs 198.50
As investors await further details from ACME Solar Holdings, here are the key takeaways from the Draft Red Herring Prospectus (DRHP) that the company submitted to the market regulator
The state-owned Indian Renewable Energy Development Agency (IREDA) also featured prominently, securing the 7th spot with a 526.31 per cent return
Companies in the country have raised over $9 billion through IPOs this year, higher than the $7.42 billion raised in 2023, according to data compiled by LSEG
Hyundai Motor IPO will open on Tuesday, October 15. Ahead of the IPO Mirae Asset has listed some key risks
Our emphasis is on careful stock selection within sectors, rather than making significant overweight or underweight sector bets, Bhatia said
We have mastered the art of neutering the 'bear market villains' - speculation, inflation, war, disease - we have dealt with them all, Sharma said
Stock Market Today: Morgan Stanley and Citigroup have acquired 43.75 lakh shares of HDFC Bank for over Rs 755 crore at an average price of Rs 1,726.20 each.
At 7:06 AM, GIFT Nifty futures also indicated a weak start for the bourses, trading 66 points lower at 25,410 levels.
GIFT Nifty signals a gap-down opening for benchmark indices Sensex and Nifty50 on Thursday, hinting a weak start for the markets.
With the IPO, Midwest is offering a fresh issue of shares up to Rs 250 crore and an offer for sale (OFS) of up to Rs 400 crore
As investors await further details for this buzzing IPO, here are some of the key details related to Swiggy, as outlined in the DRHP papers
IPO pipeline for the remaining part of CY24 remains strong. 25 companies plan to raise nearly Rs 63,550 crore and have Sebi's approval
Quadrant Future Tek IPO is an entirely fresh issue of shares with a face value of Rs 10 per equity share, aggregating up to Rs 275 crore