The strong response for Quadrant Future Tek IPO is also reflected in the grey market, where company's unlisted shares are trading at Rs 500 apiece against the upper end of the IPO price band of Rs 290
Retail investors have shown the highest demand for the Quadrant Future Tek IPO, oversubscribing their reserved category by 49.04 times, followed by NIIs, who oversubscribed by 17.41 times
Standard Glass Lining IPO opens for public subscription today. Check details, lot size, price band, GMP, brokerage reviews, key dates, and more
Caliber Mining and Logistics, a Nagpur-based coal mining and logistics provider, has filed preliminary papers with the capital markets regulator Sebi to mobilise Rs 600 crore through an initial public offering. The initial public offering (IPO) is a combination of fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) of shares aggregate to Rs 100 crore by the promoters, according to the draft red herring prospectus (DRHP). As part of the OFS, Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda and Rahul Roshanlal Chadda will be offloading their shares worth Rs 25 crore each in Caliber Mining and Logistics. The company may consider a pre-IPO placement of shares worth up to Rs 100 crore. If the pre-IPO placement is completed, the size of the fresh issue will be reduced. As per the draft papers filed on December 30, the net proceeds worth Rs 175 crore will be utilised by the company towards repayment of debt, Rs 200 crore for funding
Neelkanth Realtors, a Mumbai-based real estate developer, has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering. The Initial Public Offering (IPO) is entirely a fresh issuance of up to 1.35 crore equity shares with a face value of Rs 10 each, according to the Draft Red Herring Prospectus (DRHP). Proceeds from the fresh issue will be utilised by Neelkanth Realtors towards funding a part of the costs to be incurred in the development of its ongoing projects, and upcoming projects, including Neelkanth Plaza Project in Thane. As per the draft papers, funds from the IPO will also be used by the Mumbai-based company for repayment of debt and general corporate purposes. In the public issue, 50 per cent of the offer will be reserved for qualified institutional investors, 15 per cent for non-institutional investors and 35 per cent for retail investors. Neelkanth Realtors is one of the prominent real estate developers in Mumbai's easter
From opening to allotment and listing, here is the complete list of IPO activities set to keep the D-Street investors busy next week
In the grey market, the unlisted shares of Technichem Organics were quoted trading at Rs 70, representing a 27.27 per cent premium over the upper IPO price of Rs 55
the unlisted shares of Indo Farm Equipment were trading at Rs 305 apiece, reflecting a grey market premium (GMP) of Rs 90 or 41.86 per cent per share over the upper end of the IPO price band of Rs 215
The public offering comprises a fresh issue of equity shares worth up to Rs 600 crore, and an offer for sale (OFS) of shares aggregating up to Rs 50 crore by promoters
As the Standard Glass Lining IPO approaches, here are the key highlights from the company's RHP that every investor should know
Indo Farm Equipment IPO has received an enthusiastic response from investors, being oversubscribed by 17.70 times on the first day of subscription
Leo Dry Fruits IPO opens for public subscription today and will remain available until Friday, January 3, 2025. For issue size, lot size, price band, and other key details, check here
Gem Aromatics IPO comprises a fresh issue of shares worth up to Rs 175 crore, and an offer for sale (OFS) of up to 89,24,274 equity shares, with a face value of Rs 2 apiece
The IPO will include a fresh issue of shares worth Rs 238 crore and an offer for sale (OFS) of up to 9.3 million equity shares by promoters
Unlisted shares of Anya Polytech were quoted at Rs 18 per share, reflecting a grey market premium (GMP) of Rs 4 or 28.57 per cent against the upper end of the IPO price of Rs 14
From opening to allotment and listing, here is the complete list of IPO activities set to keep the D-Street investors busy next week
Market analysts anticipate the strong momentum to continue in 2025, offering ample opportunities to investors to dive across diverse sectors and industries
According to analysts, IPO market was back with a bang in 2024 as many retail and high net-worth individual (HNI) investors discovered IPOs as another route to generate alpha in their portfolios
Unlisted shares of Senores Pharmaceuticals were trading at Rs 631 per share, reflecting a GMP of Rs 240 per share or 61.38 per cent over the upper end of the IPO price band of Rs 391
As of September 2024, the company's portfolio has 11 operational properties, comprising 2,036 keys across the luxury, upper upscale and upscale segments