Page 10 - Ipo Calendar

IPO calendar next week: Swiggy, 2 others to open; Afcons Infra to list

Beginning with the listing of Afcons Infrastructure on Monday, November 4, the upcoming week promises to be equally exciting for investors

Sagility India plans Rs 2,107 cr IPO with price band of Rs 28-30/share

Sagility India Ltd, a technology-enabled services provider in the healthcare space, on Wednesday said it has fixed a price band of Rs 28-30 per share for its Rs 2,107 crore initial public offering (IPO). The initial share-sale will open for public subscription on November 5 and conclude on November 7, the company announced. The Bengaluru-based company's proposed IPO is entirely an offer for sale (OFS) of 70.22 crore shares, by promoter Sagility B V, worth Rs 2,106.60 crore at the upper end of the price band. The offer includes a reservation for subscription by eligible employees. Since it is an OFS, the company will not receive any proceeds from the public issue, and the entire fund will go to the selling shareholders. The objective of the initial share-sale is to gain the advantages of listing the equity shares on stock exchanges, the company stated. Additionally, the company anticipates that listing the equity shares will boost its visibility and brand image, provide liquidity

SaaS firm Virtual Galaxy Infotech files draft IPO papers with NSE Emerge

BFSI-focused SaaS firm Virtual Galaxy Infotech Ltd on Wednesday said it has filed draft papers with NSE Emerge to raise funds through an Initial Public Offering (IPO). The Nagpur-headquartered company's IPO comprises a fresh issue of 66 lakh equity shares with a face value of Rs 10 each, according to a statement. Proceeds from the issue worth Rs 34.26 crore will be used for setting up additional development facilities in Nagpur, Rs 18.9 crore for funding expenditure related to enhancement, maintenance and upgrading existing products, Rs 14.06 crore for funding business development and marketing activities. Additionally, Rs 5.05 crore will be utilised for procuring GPU, server & storage system at the data centre, Rs 3 crore for payment of debt and the remaining capital will be used for general corporate purposes. In July, the company raised Rs 21.44 crore in a pre-IPO funding round from the marquee investors. VGIL is a SaaS product-focused company engaged in providing core banking

Market today: Waaree, Deepak Builders' IPO listing, Q2 results, oil prices

Shares of Deepak Builders & Engineers India Ltd and Waaree Energies Ltd will list on the bourses today

Samvat 2080 IPO scorecard: Here are the top performers and underachievers

The state-owned Indian Renewable Energy Development Agency (IREDA) also featured prominently, securing the 7th spot with a 526.31 per cent return

Sensex tanks 495 pts, Nifty at 24,750; Why India stock markets fell today?

Sensex fell below the 81,000 mark. NSE Nifty slipped below 25,000 in trade

Coal India to RPower: 18 of biggest 30 IPOs fail to generate excess returns

Capitalmind studied the top 30 IPOs by offer size and the returns an investor buying at the IPO price and holding would have made compared with the CNX500 index. This includes the impact of dividends

Horizon Robotics targets $696 mn Hong Kong IPO, city's largest in 2024

If successful, the IPO will be the largest in Hong Kong in 2024, eclipsing China Resources Beverage which began book-building on Tuesday for its up to $650 million listing

Horizon Robotics targets $696mn Hong Kong IPO, city's largest in 2024

If successful, the IPO will be the largest in Hong Kong in 2024, eclipsing China Resources Beverage which began book-building on Tuesday for its up to $650 million listing

Planning to apply for Hyundai Motor India IPO? Consider these risks first

Hyundai Motor IPO will open on Tuesday, October 15. Ahead of the IPO Mirae Asset has listed some key risks

Gaurs Group to invest Rs 4,000 cr to build 17 acre project in Noida: CMD

Realty firm Gaurs Group will invest about Rs 4,000 crore to develop a 17-acre commercial project in Noida as part of its strategy to build rental assets, a top company official said. Gaurs Group Chairman and Managing Director (CMD) Manoj Gaur said the company will develop 5 million (50 lakh) sq ft of commercial space in the upcoming Grade-A project. "We are planning to develop a large commercial project on Noida Expressway. The total area will be about 5 million sq ft, of which 2.5 million sq ft will be retail, 2 million sq ft office and a hotel with more than 300 keys," Gaur said. He said the company will develop the project on lease model to boost its annual rental income that currently stands at more than Rs 125 crore. Asked about investment, Gaur said it will be about Rs 4,000 crore. The company is targeting to start construction of this project before March 2024. Gaur said the company will fund investments on existing as well as upcoming projects through internal accruals a

It has been stock picker's market since quite some time now: Rajesh Bhatia

Our emphasis is on careful stock selection within sectors, rather than making significant overweight or underweight sector bets, Bhatia said

IPO calendar next week: 7 issues to garner investors attention; Full list

This week saw the successful listing of three mainline IPOs - KRN Heat Exchanger, Diffusion Engineers, and Manba Finance - setting the stage for another promising week ahead for investors

Swiggy vs Zomato: Which is better investment bet? Morgan Stanley weighs in

Swiggy lags behind Zomato in some key segments, including food delivery and quick commerce, according to Morgan Stanley's analysis

KRN Heat Exchanger shares make bumper debut; what should investors do?

KRN Heat Exchanger and Refrigeration make a robust debut at Rs 470 on BSE inline with Street's expectations

Stock Market Today: Accenture guidance, S&P 500 record high, KRN Heat IPO

Share market today: S&P 500 ended at a record closing high overnight, while Dow Jones and Nasdaq Composite finished with gains

Stock Market Today: Nifty expiry, Israel conflict & Kalana Ispat IPO debut

The uptrend was signalled by GIFT Nifty futures that were trading about 50 points higher than Nifty futures' last close, at 26,047.50, around 7:30 AM.

IPO fundraise thus far in 2024 third highest in primary market history

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

Market today: Dow, S&P500 at record high, Israel war, Manba IPO last day

Dow Jones and S&P 500 closed at record highs with a surge in mining stocks, buoyed by China's stimulus package

Arkade Developers shares make strong debut, list at 37% premium on bourses

Arkade Developers made a good share market debut on Tuesday, however was lower than Street's expectations. Shares listed at Rs 175.9, reflecting a premium of 37.42 per cent against the IPO issue price