Files DRHPs for Ventive Hospitality, IGI to raise funds via IPO
Shriram Group and South African financial services giant Sanlam jointly own Shriram Life Insurance and Shriram General Insurance
The Bengaluru-based company had already targeted Rs 6,664 crore through an offer for sale (OFS)
The IPO is the latest in India's booming stock market that has attracted about 200 companies to raise more than $7 billion through IPOs so far this year, per LSEG data
This week alone, IPOs of 16 companies open for subscription, including Bajaj Housing Finance's smaller peer Sammaan Capital
NSE celebrates 30 years of operations, it recently unveiled sculptures of a bull and human figures on its campus
The IPO-bound company engaged an external team to investigate the and filed a legal complaint against the former junior employee for embezzling money
This comes at a time when competition is intensifying in the rapidly growing quick commerce space
Retail investors would be well advised to approach the market with caution and the exchanges must ensure that only quality issues make it to the market
The benchmark Nifty's winning run continued, with the 50-share index managing to eke out just a 1.15-point gain on Tuesday to end at 25,280
ECOS (India) Mobility & Hospitality shares are slated to make their debut on the bourses tomorrow, Wednesday, September 4, 2024. Check listing price prediction here
As of Aug. 28, about 200 companies have raised $7.11 billion through IPOs this year, more than double in the same period last year, according to LSEG data
IPO of Gala Precision Engineering got fully subscribed within minutes of opening for bidding
The company will offer a fresh issuance of up to 36,94,000 equity shares with a face value of Rs 10 apiece through the book-building route
Several brokerages, including Deven Choksi Research, Anand Rathi, Swastika Investmart, and Choice, have shared their outlook on the Gala Precision Engineering IPO for the investors
A consultation paper to review the eligibility conditions, disclosures, and institutional portion expected soon
The initial share sale of chauffeur-driven mobility provider Ecos (India) Mobility & Hospitality got subscribed 64.18 times on the closing day of bidding on Friday. The Rs 601 crore share sale received bids for 80,86,90,256 shares against 1,26,00,000 shares on offer, as per NSE data. The portion meant for Qualified Institutional Buyers (QIBs) received 136.85 times subscription while the portion for non-institutional investors got subscribed 71.17 times. The quota for Retail Individual Investors (RIIs) fetched 19.66 times subscription. The Initial Public Offer (IPO) of Ecos (India) Mobility & Hospitality got fully subscribed on the first day of bidding on Wednesday. The initial share sale was entirely an Offer For Sale (OFS) of up to 1,80,00,000 equity shares. The IPO has a price range of Rs 318-334 a share. Ecos (India) Mobility & Hospitality Ltd on Tuesday said it has raised Rs 180.36 crore from anchor investors. The Delhi-based company has been providing chauffeured car .
Includes norms for already listed companies to explore the avenue, though subject to norms from other regulators
Several brokerages, including Geojit, Deven Choksey Research, and Swastika Investmart, have reviewed the Bazaar Style Retail IPO, and shared their outlook for investors
The primary market has witnessed a promising trend across products in the first half of the year. IPOs have performed exceptionally well, with a notable increase in average ticket size, Kaushik said