Page 6 - Ipo India

Hyundai Motors IPO: Top risks to know before applying; SUVs, EVs, and more

According to the company's DRHP, it sources parts such as trims, engines and transmissions, and materials such as steel from a combination of domestic and foreign suppliers

Godavari Biorefineries files IPO, aims to raise Rs 325 cr via fresh issue

Ethanol and bio-based chemicals maker Godavari Biorefineries Ltd on Saturday filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed initial share-sale is a combination of fresh issue of equity shares worth Rs 325 crore and an Offer-for-Sale (OFS) of 65.27 lakh equity shares by promoters and an investor according to the draft red herring prospectus (DRHP). Private equity firm Mandala Capital AG Ltd is offloading 49.27 lakh shares through the OFS route. Proceeds from the fresh issue to the tune of Rs 240 crore will be used for debt payment and the remaining amount for general corporate purposes. The Maharashtra-based Godavari Biorefineries is one of the prominent manufacturers of ethanol-based chemicals in India. The company's diversified product portfolio comprises bio-based chemicals, sugar, different grades of ethanol and power. These products find application in a range of industries such as food, ...

Ixigo IPO share allotment today: How to check status and latest GMP

Ixigo IPO allotment will be finalised on June 13, listing is scheduled for June 18. The IPO received nearly nearly 98.34 times subscription

Ather Energy promoters Tarun Mehta, Swapnil Jain set to drive stake 6-7% up

Fresh equity infusions before the company takes the IPO route

Travel platform Ixigo IPO opens for bids today: Should you apply or not?

On June 07, Ixigo secured Rs 333.05 crore from anchor investors, offering a total of 35,811,405 shares

Kronox Lab Sciences IPO allotment today: How to check status and latest GMP

Kronox Lab Sciences IPO allotment will be finalised on June 6, the IPO received receives 117.25 times subscription on last day of offer

Kronox Lab Sciences IPO opens today for bids; check price bands, GMP

Kronox Lab Sciences IPO price band is set at Rs 129 to Rs 136 per share. The minimum lot size for an application is 110 shares

Cereal manufacturer TBI Corn's IPO subscription opens today; details here

The price band for TBI Corn IPO is fixed at Rs 90 to Rs 94 per share, with a minimum lot size for an application set at 1200 shares

Awfis Space Solutions IPO subscribed 4.27 times on second day of offer

The initial public offer of co-working space operator Awfis Space Solutions received 4.27 times subscription on the second day of bidding on Thursday. The Rs 599 crore initial share sale received bids for 3,68,85,732 shares against 86,29,670 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 12.25 times, while the category for non-institutional investors fetched 6.81 times subscription. The quota for Qualified Institutional Buyers (QIBs) received 32 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 128 crore and an offer for sale of up to 1,22,95,699 equity shares. The price range for the offer is fixed at Rs 364-383 per share. The IPO of Awfis Space Solutions was fully subscribed on the first day of bidding on Wednesday. Awfis Space Solutions Ltd on Tuesday said it has mopped up a little over Rs 268 crore from anchor investors. Promoter Peak XV Partners Investments V (formerly known as SCI Invest

Sterlite Power gets stakeholders' nod to demerge its biz into 2 entities

Move to unlock funding avenues for the power equipment business: MD Pratik Agarwal

Sebi eases minimum promoter contribution norms to boost IPO process

Sebi has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in case of a shortfall without being identified as a promoter

Go Digit IPO: Issue subscribed over 9.6 times on final day, QIBs bet big

According to the exchange data, the retail investor portion of the issue was subscribed 4.27 times. The qualified institutional buyers' portion was booked 12.56 times

Awfis Space Solutions' IPO to open on May 22, at Rs 364-383 per share

Flexible workspace solutions company Awfis Space Solutions Ltd on Thursday fixed a price band of Rs 364-383 per share for its Rs 599 crore initial public offering. The company's maiden public issue will open on May 22 and conclude on May 27 and the bidding for anchor investors will open for a day on May 21, according to a statement. Awfis Space Solutions' proposed initial public offering (IPO) is a combination of fresh issue shares to the tune of Rs 128 crore and an offer for sale (OFS) of 1.23 crore shares worth Rs 471 crore at the upper end of the price band. This takes the total IPO size to Rs 599 crore. Promoter Peak XV Partners Investments V (formerly known as SCI Investments) and shareholders Bisque Limited and Link Investment Trust will offload shares in the OFS. At present, Peak XV holds 22.86 per cent stake in Awfis Space Solutions, Bisque and Link Investment Trust own 23.47 per cent and 0.36 per cent stake, respectively, in the company. Proceeds from the fresh issue woul

Go Digit IPO sets Rs 258-272 per share price band; bids open on May 15

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

Piotex Industries IPO to open on May 10, price fixed at Rs 94 per share

Piotex Industries, a leading supplier of yarn, fabric and cotton bale on Wednesday said its initial public offering (IPO) will hit the capital market on Friday to raise Rs 14.47 crore from public investors. The initial public offering (IPO) of the company will open for subscription on May 10 and conclude on May 14. The shares of the company will be listed on the BSE's SME platform, the company said in a statement. The Pune-headquartered company has fixed the price of Rs 94 per equity share. The public offer is entirely a fresh issue of up to 15,39,600 equity shares with a face value of Rs 10 per share, according to the red herring prospectus (RHP). Investors can bid for a minimum of 1,200 equity shares and in multiples thereof. The company proposes to utilise the net proceeds from the fresh issue to fund its working capital requirements, general corporate purposes and meet issue expenses. Piotex Industries works on an asset-lite model. These products are used for various purposes

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 ..

Plant-based speciality firm Sanstar gets Sebi's nod to float IPO

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

FirstCry CEO Supam Maheshwari's salary cut in half to Rs 8.6 crore a month

Founder and CEO of FirstCry Supam Maheshwari's overall earnings amounted to Rs 77.5 crore during the first three quarters of FY24, in comparison to Rs 200.7 crore for the entirety of FY23

Food delivery major Swiggy gets one step closer to $1.25 billion IPO

The company is also looking to raise around Rs 750 crore from anchor investors ahead of its IPO, which is expected later this year

FirstCry set to withdraw $500 million IPO papers after regulatory scrutiny

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