The Refractory Shapes IPO, valued at approximately Rs 18.60 crore, comprises a fresh issue of 6,000,000 equity shares with a face value of Rs 10, with no offer-for-sale component
Meesho plans to utilise its primary capital of approximately $300 million to cover taxes resulting from relocating the company's base back to India from Delaware
Go Digit General Insurance IPO to open bids from May 16-17 with a lot size of 55 shares. Here is everything you need to know about the company's IPO details, key dates, prices and allotment
Indegene IPO allotment: The public subscription for the Indegene IPO commenced on May 6 and concluded on May 8
Indegene IPO allotment status will be announced on May 9. See the steps to check the allotment status of Indegene IPO on BSE and Link Intime website here
The price band for the IPO issue is set at Rs 131 to Rs 138 per share, with a minimum lot size of 1,000 shares
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 ..
Plant-based speciality products company Sanstar Ltd has received Sebi's go-ahead to float an initial public offering, an update with the markets regulator showed on Tuesday. The proposed initial public offering (IPO) comprises a fresh issue of 4 crore shares and an Offer For Sale (OFS) of up to 80 lakh shares by its promoters and promoter group selling shareholders, according to the draft red herring prospectus (DRHP). According to market sources, the IPO size is expected to be Rs 425-500 crore. Also, the company may consider a pre-IPO placement of up to 40 lakh equity shares. If such placement is completed, the fresh issue size will be reduced The Ahmedabad-based company, which filed its draft IPO papers with Sebi in January this year, obtained its observations on April 30, as per the update. In Sebi's parlance, obtaining observations means its go-ahead to float the public issue. Going by the draft papers, proceeds from the fresh issue will be utilised to fund the capital expend
Indegene provides services for the life sciences industry. They assist with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales and marketing
For the year ended March 31, 2023, its losses jumped six times to $57.6 million, while its total income more than doubled to $684 million, its draft papers show
RCRS Innovations intends to utilise net proceeds from the offering to meet its working capital requirement and expand its battery manufacturing capacity
Emmforce's initial public offering (IPO) begins today, April 23, and will conclude on Thursday, April 25, 2024
Travel distribution company TBO Tek Ltd and flexible workspace solutions firm Awfis Space Solutions Ltd have received markets regulator Sebi's go-ahead to raise funds through Initial Public Offerings (IPOs). The two firms, which filed their preliminary IPO papers with the regulator between November and December, obtained their observations during April 15-16, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday. In Sebi's parlance, its observations mean it's going ahead to float the public issue. TBO Tek's maiden public issue comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer For Sale (OFS) of up to 15,635,996 equity shares by promoters and investors, according to the Draft Red Herring Prospectus (DRHP). Those selling shares in the OFS are promoters -- Gaurav Bhatnagar, Manish Dhingra and LAP Travel -- and investors -- TBO Korea and Augusta TBO. Funds raised from the fresh issue will be used for the growth and ...
Heating equipment maker JNK India Ltd on Thursday said it has fixed a price band of Rs 395-415 per share for its Rs 650-crore initial public offering (IPO). The initial share-sale will be open for public subscription during April 23-25 and the bidding for anchor investors will open for a day on April 22, the company said in a statement. The IPO is a combination of fresh issue of equity shares worth up to Rs 300 crore and an Offer-for-Sale (OFS) of up to 84.21 lakh equity shares by promoters and an existing shareholder. Those offloading shares in the OFS are promoters -- Goutam Rampelli, Dipak Kacharulal Bharuka, JNK Heaters Co Ltd and Mascot Capital and Marketing Pvt Ltd -- and a shareholder Milind Joshi. At the upper end of the price band, the IPO price has been pegged at Rs 650 crore. Proceeds from the fresh issue will be used for funding working capital requirements and general corporate purposes. Half of the issue size has been reserved for qualified institutional buyers, 3
Healthcare provider will use the proceeds to set up a hospital in Kolkata and for general corporate purposes
Invesco's previous fair value of Swiggy stood at around $8.3 billion at the end of January this year
Ahead of filing its draft IPO papers, Swiggy is intensifying efforts to enhance its financial performance and reduce cash burn
By streamlining costs and maximising efficiency, the company aims to enhance its financial performance while expanding its market presence
The four new indices are Nifty Tata Group 25 per cent Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare
The IPO from Bharti Airtel's subsidiary opened for subscription on Wednesday, April 3, and closed on Friday, April 5