Page 3 - Ipo India

Quadrant Future Tek IPO Day 2; Strong response continues, GMP hits 72%

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

Indo Farm Equipment IPO Day 2: Subscription rises 17x, GMP zooms 44%

Indo Farm Equipment IPO has received an enthusiastic response from investors, being oversubscribed by 17.70 times on the first day of subscription

Upcoming IPO: Refrigeration sealing solutions provider Ajay Poly files DRHP

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

Stock Market Highlights: Sensex adds 226 pts, Nifty at 23,813; pharma, auto, FMCG shares shine

Stock Market Highlights, Friday, December 27, 2024: The benchmark equity indices ended the week's last trading session in positive territory

Will India's IPO market scale new heights in 2025? Experts predict this

Market analysts anticipate the strong momentum to continue in 2025, offering ample opportunities to investors to dive across diverse sectors and industries

IPO performance 2024: 91 public offerings raise Rs 1.59 trillion this year

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

Ventive Hospitality IPO gains 9.82 times subscription on last day of offer

As of September 2024, the company's portfolio has 11 operational properties, comprising 2,036 keys across the luxury, upper upscale and upscale segments

Carraro India IPO subscribed 1.12 times on final day of bidding offer

The initial share sale of Carraro India Ltd got subscribed 1.12 times on the last day of bidding on Tuesday. The Initial Public Offer (IPO) received bids for 1,46,18,814 shares against 1,30,98,803 shares on offer, as per NSE data. The qualified institutional buyers (QIBs) part got subscribed 2.21 times, while the retail individual investors (RIIs) portion received 71 per cent subscriptions. Non-institutional investors attracted 60 per cent of subscriptions. Carraro India Ltd on Thursday said it has garnered Rs 375 crore from anchor investors. The issue has a price band of Rs 668-704 per share. Carraro India's IPO is completely an offer-for-sale (OFS) of shares worth Rs 1,250 crore by Carraro International SE, with no fresh issue component, according to the red herring prospectus. Since the entire issue is an OFS, all proceeds from the IPO will go directly to the selling shareholder rather than the company. Founded in 1997, Carraro India, a subsidiary of Carraro S.p.A, began its

Indo Farm IPO to open on Dec 31 with price band of Rs 204-215 per share

Indo Farm Equipment on Tuesday fixed a price band of Rs 204 to Rs 215 per share for its initial share-sale that opens for public subscription on December 31. The Rs 260-crore issue will conclude on January 2 and the bidding for anchor investors will open for a day on December 30, the company announced. The initial public offering (IPO) of Indo Farm Equipment comprises fresh issue of 86 lakh equity shares and an offer for sale (OFS) of 35 lakh equity shares by promoter Ranbir Singh Khadwalia. Proceeds from the fresh issue will be used to set up a new dedicated unit for expansion of the company's pick & carry cranes manufacturing capacity, payment of debt, investment in the company's NBFC subsidiary Barota Finance for financing the augmentation of its capital base to meet its future capital requirements. Indo Farm Equipment manufactures tractors, pick & carry cranes and other farm equipment. At the upper end of the price band, the IPO size has been pegged at Rs 260 crore, ...

Upcoming IPO: EV player Greaves Electric Mobility files DRHP with Sebi

Greaves Electric Mobility intends to use the proceeds from the fresh issue of shares for product research, development, and building battery assembly capabilities, and boosting manufacturing capacity

Tata Group stocks zoom up to 12% on reports of Tata Capital's Rs 15K-cr IPO

Tata Group companies' shares increased following reports of Tata Capital planning to raise Rs 15,000 crore through an initial public offering (IPO)

Market Today: BoJ Minutes; Sanathan, DAM IPO allotment; NACDAC listing

Stock Market Today: Ventive Hospitality IPO, Senores Pharmaceuticals IPO, Carraro India IPO will close for subscription today

IPOs see investor rush; five issues attract total bids worth Rs 1.4 trn

The IPOs of engineering and construction company Transrail Lighting and investment banking firm DAM Capital Advisors were subscribed over 80 times each

DAM Capital IPO sees 81.88 times subscription on closing day of bidding

The initial public offer of investment bank DAM Capital Advisors Ltd was subscribed 81.88 times on the closing day of bidding on Monday. The initial share sale received bids for 1,70,35,38,349 shares against 2,08,04,632 shares on offer, according to NSE data. Qualified institutional buyers (QIBs) part received a whopping 166.33 times subscription, while the quota for non-institutional investors attracted 98.47 times bid. Retail individual investors (RIIs) portion fetched 26.80 times the subscription. The initial share sale of DAM Capital Advisors Ltd was fully subscribed hours after opening for bidding on Thursday. DAM Capital Advisors on Wednesday said it has raised Rs 251 crore from anchor investors. The initial share sale has a price band of Rs 269-283 per share. The IPO is solely an offer for sale (OFS) of 2.97 crore equity shares worth Rs 840.25 crore by a promoter and investors at the upper end of the price band. Since the entire issue is an OFS, all the proceeds from the

Concord Enviro IPO subscribed 10.67 times on final day of bidding

The Initial Public Offering (IPO) of Concord Enviro Systems Ltd received 10.67 times subscription on the final day of bidding on Monday. The Rs 500-crore IPO received bids for 5,35,33,347 shares, as against 50,15,356 shares on offer, as per NSE data. The Qualified Institutional Buyers (QIBs) part received 17.32 times subscription, while the quota for non-institutional investors got subscribed 14.20 times. The category for Retail Individual Investors (RIIs) fetched 5.56 times subscription. Concord Enviro Systems had raised Rs 150 crore from anchor investors. The IPO has a price range of Rs 665-701 per share. The IPO comprises a fresh issuance of equity shares worth Rs 175 crore and an Offer-for-Sale (OFS) of 46.41 lakh equity shares valued at Rs 325.33 crore, at the upper-end of the price band, by promoters and an investor. This aggregates the issue size to Rs 500.33 crore. The proceeds from the fresh issue will be invested in Concord Enviro FZE (CEF) for setting up a new assembl

Transrail Lighting IPO: NIIs fuel demand on Day 3; Check latest GMP

The subscription window to bid for the Transrail Lighting IPO closes today; check issue details, latest subscription data, GMP, and more

DAM Capital IPO receives 6.98 times subscription on Day 2 of offer

The initial public offer of investment bank DAM Capital Advisors Ltd received 6.98 times subscription on the second day of share sale on Friday. The IPO got bids for 14,52,54,503 shares against 2,08,04,632 shares on offer, as per data available with the NSE. Non-Institutional Investors part received 11.49 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 8.96 times. Qualified Institutional Buyers (QIBs) garnered 7 per cent subscription. The initial share sale of DAM Capital Advisors Ltd got fully subscribed hours after opening for bidding on Thursday. DAM Capital Advisors on Wednesday said it has raised Rs 251 crore from anchor investors. The initial share sale, with a price band of Rs 269-283 per share, will conclude on December 23. The IPO is solely an offer for sale (OFS) of 2.97 crore equity shares worth Rs 840.25 crore, by a promoter and investors at the upper end of the price band. Those selling shares in the OFS are promoter Dharm

Sanathan Textiles IPO invites bids: Analysts weigh on long-term prospects

Sanathan Textiles raised Rs 165 crore from anchor investors on Wednesday, December 18 with key anchors including SBI Magnum Children's Benefit Fund, Nippon India SmallCap Fund, HDFC Manufacturing Fund

With 11 IPOs announced so far, December tops as busiest month for listings

Industry players note that the sharp rally in the market over the past month has emboldened companies to advance their listing plans

Vishal Mega Mart IPO sails through; subscribed 1.53 times on Day 2

The Rs 8,000-crore IPO of Vishal Mega Mart will end on December 13