Page 7 - Ipo Filing

Ajax Engineering IPO closes today; subscription rises 52%, GMP at 1%

Ajax Engineering IPO has seen moderate investor participation, with QIBs subscribing to 33 per cent, NIIs bidding for 68 per cent, and RIIs taking up 56 per cent of their allocated shares

Upcoming IPO: Rite Water Solutions files DRHP with Sebi; details here

The public offering comprises a fresh issue of equity shares of up to Rs 300 crore, with an offer-for-sale (OFS) of up to Rs 445 crore by the promoter and investor selling shareholders

Ajax Engineering IPO Day 2; check subscription status, GMP, listing date

Ajax Engineering has garnered favorable reviews from brokerages, including KR Choksey, Reliance Securities, and BP Equities, for its public offering

Solarium Green Energy IPO allotment today; check status, GMP, listing date

Once the basis of allotment of Solarium Green Energy IPO shares is finalised, investors can check the status on the official websites of BSE or Link Intime India, the registrar for the issue

IPO Calendar: Hexaware Technologies, 11 more to keep investors busy next wk

From opening to allotment to listing, here is the complete list of IPOs that will keep primary market investors busy next week

Atlantia Electricals files IPO papers with Sebi, aims to raise Rs 400 cr

Atlanta Electricals Ltd, manufacturer of power, auto and inverter duty transformers, has filed preliminary papers with capital markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The Gujarat-based company's IPO is a combination of a fresh issue of equity shares worth Rs 400 crore and an offer for sale (OFS) of 38.1 lakh equity shares by a promoter and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Tuesday. The offer includes a reservation of equity shares for subscription by eligible employees. Besides, the company may consider raising Rs 80 crore in a pre-IPO placement round. If such placement is undertaken, the size of the fresh issue will be reduced. The company proposes to utilize the proceeds from the issue for payment of debt, supporting working capital requirements of the company and for general corporate purposes. According to a Crisil report, India's transformer market is driven by

Chamunda Electricals IPO takes off; subscription soars 10x, GMP hits 22%

Chamunda Electricals unlisted shares were trading at around Rs 61 apiece, indicating a grey market premium (GMP) of Rs 11 or 22 per cent over the upper end of the IPO price band

Upcoming IPO: Indogulf Cropsciences secures green light from Sebi; details

Indogulf Cropsciences IPO comprises a fresh issue of up to Rs 200 crore, and an offer for sale (OFS) with shareholders divesting up to 38,54,840 equity shares of face value Rs 10 apiece

Denta Water IPO subscribed 221.52 times on final day of bidding

The initial share sale of Denta Water and Infra Solutions Ltd garnered 221.52 times subscriptions on the closing day of bidding on Friday. The initial public offer got bids for 1,16,29,62,200 shares against 52,50,000 shares on offer, as per NSE data. The quota for non-institutional investors bagged a massive 507.05 times subscription, while the Qualified Institutional Buyers (QIBs) portion subscribed 236.94 times. The portion for Retail Individual Investors (RIIs) garnered 90.33 times the subscription. Denta Water and Infra Solutions on Tuesday said it has raised a little over Rs 66 crore from anchor investors. The issue has a price band of Rs 279-294 per share. The IPO is entirely a fresh issue of 75 lakh equity shares worth Rs 220.5 crore at the upper end of the price band. Proceeds to the extent of Rs 150 crore will be utilised to meet working capital requirements, and a portion will be used for general corporate purposes. Founded in 2016, Denta Water and Infra Solutions Ltd

IPO Calendar: 9 public offerings to keep investors busy next week

Here is the complete list of IPO activities scheduled to take place next week, from Monday, January 27, to Friday, January 31, 2025

Stallion India Fluorochemicals lists at 33% premium, mirrors GMP trend

On the National Stock Exchange (NSE), Stallion India shares listed at Rs 120 apiece, showing a premium of Rs 20 or 33.33 per cent against the issue price

Denta Water IPO opens today: GMP up 56%, Subscribed 2x; should you bid?

Denta Water IPO GMP Today: Denta Water IPO GMP today stands at Rs 165 per share. The issue has been fully subscribed on Day 1 of the IPO

IPO calendar: 4 new issues, 7 listings to ignite primary markets next week

From opening to allotment to listing, here is the complete list of IPOs to keep primary market investors busy next week

Capital Infra Trust Invit makes lacklusture debut; lists flat at Rs 99

On the National Stock Exchange (NSE), the shares were listed at Rs 99, reflecting a at par listing compared to the issue price of Rs 99

Sat Kartar Shopping shares list at 90% premium, outperform IPO GMP estimate

Sat Kartar Shopping shares listed at Rs 153.90 aapiece on the NSE SME, reflecting a premium of Rs 72.90 or 90 per cent gains over the issue price of Rs 81

Barflex Polyfilms IPO allotment; check status, GMP, listing schedule

Once the basis of allotment of Barflex Polyfilms IPO shares is finalised, investors can check the allotment status on the official websites of NSE, and Maashitla Securities

Stallion India IPO opens today: GMP up 54%; Should you park your money?

Stallion India IPO opens for public subscription today. Check price band, GMP, lot size, review, allotment, listing date, and more here

Stallion India IPO opens on January 16; check GMP, dates, other key details

As investors await the opening of the public offering, here are the key details of the Stallion India IPO, as outlined in the company's Red Herring Prospectus (RHP)

Barflex Polyfilms IPO closes today; Subscription reaches 15x, GMP up 23%

The unlisted shares of Barflex Polyfilms were trading at Rs 74 apiece, reflecting a grey market premium (GMP) of Rs 14 or 23.33 per cent against the upper end of the IPO price band of Rs 60

Laxmi Dental IPO Day 2; Subscription surpasses 7x, GMP zooms 33%

Retail Individual Investors (RIIs) have shown the highest enthusiasm, oversubscribing their reserved portion by 16.28 times