Once the allotment of Kenrik Industries IPO shares is finalised, investors can check their status on the official websites of the BSE and Skyline Financial Services, the registrar for the issue
Bollywood actors Ranbir Kapoor and Aamir Khan, as well as cricket players Rohit Sharma and Jasprit Bumrah, have invested in power transmission firm Karamtara Engineering's pre-IPO round. Karamtara Engineering is a backwards-integrated manufacturer of products for the renewable energy and transmission lines sectors. It offers a diverse product portfolio, which enables it to serve as a one-stop shop for solar structures (fixed-tilt and trackers). The company offers lattice structures for transmission lines, fasteners for solar, wind, transmission and industrial sectors, and overhead transmission line hardware fittings and accessories. As part of the transaction, the company's promoters, Tanveer Singh and Rajiv Singh, have transferred an aggregate of 34,09,724 equity shares at Rs 310 apiece for an aggregating amount of Rs 106 crore, by way of a secondary sale, according to a public announcement. Of these shares, Kapoor has bought 1,61,300 shares worth Rs 5 crore, Khan picked up 1,29,0
Analysts are viewing Ather Energy's share sale as a litmus test for India's IPO market, where momentum has slowed down amid a broader market decline
Once the allotment of Tankup Engineers IPO shares gets finalised, investors can check their status on the official websites of the NSE and Bigshare Services, the registrar for the IPO
Prestige Hotel Ventures has filed its draft papers with market regulator Sebi to raise funds via IPO
Ather Energy IPO is set to open for public subscription on April 28. Check price band, lot size, GMP, allotment date, listing date and more
Swastika Infra, an EPC solutions provider in power distribution, infrastructure projects, has filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an Initial Public Offering (IPO). The Jaipur-based company's IPO is a combination of a fresh issue of shares worth Rs 200 crore and an Offer For Sale (OFS) of 19.2 lakh shares by promoters and other shareholders, according to the Draft Red Herring Prospectus (DRHP). The company is looking to mop up Rs 40 crore in the pre-IPO round, and if such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the tune of Rs 145 crore have been earmarked for funding, incremental working capital requirement; besides, a portion will be used for general corporate purposes, the draft papers filed on March 30 showed. Swastika Infra is an engineering, procurement and construction (EPC) company, specialising in the execution of power distribution infrastructure projects. T
The last company to launch its initial public offering (IPO) in this segment was Quality Power Electrical Equipments, with shares listed on the domestic exchanges on February 24, 2025
Here are the complete details of the companies that will see the lock-in expiry of equity shares held by anchor investors, along with their estimated value and lock-in expiry dates
Here are the key details of Spinaroo Commercial IPO, taken from the Red Herring Prospectus (RHP)
Analysts attribute this success in the primary markets to the remarkable performance of secondary markets for most part of FY25
Fertility clinic chain Indira IVF Hospital has withdrawn its draft IPO papers, which were filed through the confidential route, an update with markets regulator Sebi showed on Tuesday. The confidential pre-filing route allows the company to withhold public disclosure of details under the draft red herring prospectus (DRHP). Further, pre-filing DRHP does not guarantee the company will go ahead with the initial public offering (IPO). The preliminary IPO papers were received by the Securities and Exchange Board of India (Sebi) on February 13, however, "draft offer document (was) withdrawn on March 19, 2025" by the company without disclosing any reasons. Last week, PhysicsWallah joined the league of a handful of companies that took confidential filing routes for its IPO. In 2024, food delivery giant Swiggy and supermart major Vishal Mega Mart successfully floated their respective initial share sales after making confidential filings. Before this, online hotel aggregator OYO took the .
The mainboard segment will remain dormant for another week. Notably, Quality Power was the last mainboard company to go public, listing on the bourses on February 24, 2025
The pre-filing draft documents of Physics Wallah, according to the reports, have been filed with Sebi after receiving the nod from the company's board
As investors await the opening of the public offering, here are the key details of Arisinfra Solutions IPO
The temporary slowdown in India's primary market follows a $1.3 billion rout in secondary stocks as foreign investors continue to sell off local equities
In the previous session, equity markets logged their biggest single-day gain in a month, aiding Nifty50 to end its record 10-day losing streak. The Nifty settled at 22,337.30, up 254.65 pts or 1.15%
Quality Power IPO day 3 update: check subscription status, GMP, review, allotment date, listing date, and other key details here
As investors await further developments, here are the key details of the proposed CIEL HR Services IPO, taken from the Draft Red Herring Prospectus (DRHP)
Quality Power has garnered reviews from brokerages, including Reliance Securities, SBI Securities, and Mehta Equities, for its public offering