Ahead of its IPO, the Om Power Transmission raised ₹45 crore from three anchor investors on April 8, allotting 2.57 million shares at ₹175 each
IPO-bound companies have been granted a six-month extension to the validity of approvals from the market regulator
Kiran Mazumdar-Shaw urges IPO reforms, saying India's listing norms hinder biotech firms that need long R&D cycles before generating revenue
After the lock-in period ends, anchor investors can sell their shares in the open market
Om Power Transmission IPO comprises a fresh issue of 7.6 million shares worth up to ₹132.56 crore and an offer for sale (OFS) of 1 million shares worth up to ₹17.50 crore
The positive listing of Sai Parenteral's shares defied the grey market trend, in which the counter traded almost flat.
The proposed Kay Jay Forgings IPO comprises a fresh issue of shares up to ₹300 crore and an offer for sale up to ₹60 crore by existing shareholders
Among the most closely tracked issues for FY27, analysts said, is Jio Platforms - the holding company for Reliance's telecom business, which is expected to file its draft papers with Sebi soon
Activity could moderate in early FY27 amid market volatility
Central Mine Planning raised ₹1,842.12 crore through its initial public offering (IPO), which comprises an offer for sale (OFS) of 107.1 million equity shares.
Among the three IPOs set to close for subscription today, only Amir Chand Jagdish Kumar has been fully subscribed, while Powerica, and Sai Parenteral's are yet to be fully booked
When compared with issue prices, around 68 per cent of mainboard IPOs and nearly 70 per cent of SME listings are currently trading below their offer price
Central Mine Planning IPO comprises a fresh issue of 107.1 million equity shares worth up to ₹1,842.12 crore
GSP Crop Science shares kicked off their maiden trading session on the BSE at ₹332.30 per share, reflecting a premium of ₹12.30 or 3.84 per cent over its IPO issue price of ₹320 per share.
Brokerages remain divided on the investment case for Amir Chand Jagdish Kumar (Exports), with some recommending subscription on the back of growth prospects, while others flag valuation and governance
Analysts at SBI Securities, and Ashika Institutional Equities have recommended subscribing to the issue for the long term, while those at Swastika Investmart have assigned an 'Avoid' rating
SBI Securities recommends investors to 'Subscribe' to the issue for the long term, while Swastika advised investors to apply with caution, recommending the issue only for risk-tolerant
Ahead of its IPO, CMPDI raised ₹470 crore from anchor investors, allotting 27.3 million shares at ₹163-₹172 each on March 19.
GSP Crop Science set to debut on the bourses on Tuesday, March 24, while Central Mine Planning & Design Institute's IPO will close for bidding on the same day
Amir Chand Jagdsh Kumar has set the price band for its IPO in the range of ₹201 to ₹212 per share