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Ipo Demand

Garuda Construction IPO allotment today: Check status, latest GMP here

Here's where you can find out allotment status and GMP of Garuda Construction and Engineering IPO

Garuda Construction IPO allotment today: Check status, latest GMP here
Updated On : 11 Oct 2024 | 12:35 PM IST

Ecos Mobility IPO gets subscribed over 64 times on offer's closing day

The initial share sale of chauffeur-driven mobility provider Ecos (India) Mobility & Hospitality got subscribed 64.18 times on the closing day of bidding on Friday. The Rs 601 crore share sale received bids for 80,86,90,256 shares against 1,26,00,000 shares on offer, as per NSE data. The portion meant for Qualified Institutional Buyers (QIBs) received 136.85 times subscription while the portion for non-institutional investors got subscribed 71.17 times. The quota for Retail Individual Investors (RIIs) fetched 19.66 times subscription. The Initial Public Offer (IPO) of Ecos (India) Mobility & Hospitality got fully subscribed on the first day of bidding on Wednesday. The initial share sale was entirely an Offer For Sale (OFS) of up to 1,80,00,000 equity shares. The IPO has a price range of Rs 318-334 a share. Ecos (India) Mobility & Hospitality Ltd on Tuesday said it has raised Rs 180.36 crore from anchor investors. The Delhi-based company has been providing chauffeured car .

Ecos Mobility IPO gets subscribed over 64 times on offer's closing day
Updated On : 30 Aug 2024 | 8:15 PM IST

Premier Roadlines IPO to open on May 10, price band at Rs 63-67 per share

Logistics solutions provider Premier Roadlines on Tuesday said it has fixed the price band at Rs 63 to Rs 67 per equity share for its initial public offer which will hit the capital market on Friday to mop up a little over Rs 40 crore. The company's shares will open for public subscription on May 10 and end on May 14. Shares of the company will be listed on the NSE's SME platform EMERGE, the company said in a statement. The public offer is entirely a fresh issuance of up to 60.24 lakh equity shares, according to the Red Herring Prospectus (RHP). The IPO comprises 50 per cent of the net issue for QIB, 35 per cent for retail investors and 15 per cent for Non-Institutional Investors (NII). At the upper end of the price band, the company will raise up to Rs 40.36 crore from the initial public offering (IPO). The company intends to utilise the proceeds from the issue to pare debt availed by the company, purchase vehicles for commercial purposes, meet working capital requirements and ..

Premier Roadlines IPO to open on May 10, price band at Rs 63-67 per share
Updated On : 07 May 2024 | 6:46 PM IST

India's IPO market one of the busiest in world but it is also broken

It's the regulator's job to ensure that companies with reasonably solid prospects come to public markets and offer stock at a price that allows long-term wealth creation

India's IPO market one of the busiest in world but it is also broken
Updated On : 22 Jan 2024 | 7:01 AM IST

IdeaForge Tech IPO to close on June 30; issue subscribed 32x so far

According to IPO Watch, the shares are commanding grey market premium (GMP) of Rs 550, signaling a listing gain of 82 per cent over the upper end of the IPO price

IdeaForge Tech IPO to close on June 30; issue subscribed 32x so far
Updated On : 28 Jun 2023 | 2:52 PM IST

We expect constructive environment for IPOs in 2nd half of FY23: Nomura

India's capital market fundraising will remain robust in the next six to 12 months as companies such as LIC are still looking to list, Nomura's Amit Thawani said

We expect constructive environment for IPOs in 2nd half of FY23: Nomura
Updated On : 13 Apr 2022 | 1:09 AM IST

Easy Trip IPO subscribed 7x on Day 2

Easy Trip has set a price band of Rs 186-187 per share

Easy Trip IPO subscribed 7x on Day 2
Updated On : 18 Mar 2021 | 12:52 PM IST

Demand for IPO financing to stay buoyant amid strong pipeline

Wealthy investors could borrow up to Rs 70,000 cr per issue to apply for good large-sized IPOs: Icra

Demand for IPO financing to stay buoyant amid strong pipeline
Updated On : 07 Jul 2017 | 12:09 AM IST