Page 13 - Ipo

Resourceful Automobile makes a tepid debut but ends on the upper circuit

Resourceful Automobile's initial public offering (IPO) was a fresh issue of Rs 12 crore and raised eyebrows as it was subscribed a whopping 419 times

Final Hours! Premier Energies IPO ends today; GMP up 88%; Should you bid?

The public issue of Premier Energies has received a positive response from investors, with getting subscribed 6.61 times by the end of the second day of bidding

Orient Tech shares hit 5% upper circuit on BSE; up 48% from IPO price

Orient Technologies shares listed at Rs 290 on the BSE, reflecting a 40.77 per cent premium over the upper end of its issue price of Rs 206

ECOS Mobility IPO hits high gear: GMP jumps 58%; should you bid?

ECOS Mobility IPO, which is entirely an offer for sale of 18,000,000 shares with a face value of Rs 2, is available at a price band of Rs 318-334 per share, with a lot size of 44 shares

National Infrastructure Trust to raise Rs 1,600 crore through IPO

In accordance with SEBI Infrastructure Investment Trust (InvIT) regulations and the SEBI guidelines, 75 per cent of offer will be available for a proportionate allocation to institutional investors

NSE files for Sebi NOC to gain approval for long-awaited IPO listing

In its annual general meeting held on Tuesday, the exchange informed shareholders that the board had given approval to file for a fresh NOC with the market regulator

National Infrastructure Trust files papers with Sebi for Rs 1,600 cr IPO

National Infrastructure Trust, an infrastructure investment trust sponsored by Gawar Construction Ltd, on Tuesday filed preliminary papers with the capital markets regulator for Rs 1,600 crore Initial Public Offering (IPO). The IPO comprises a fresh issue of units aggregating up to Rs 1,200 crore and an Offer For Sale (OFS) of units valued up to Rs 400 crore by the sponsor selling unitholder, according to the Draft Red Herring Prospectus (DRHP). Proceeds from the issue are proposed to be utilised towards providing loans to the project SPVs (Special Purpose Vehicles) for pre-payment of external borrowings, in part or in full from financial lenders and loans to project SPVs for repayment of unsecured loans availed by the project SPVs from the sponsor. The issue will be made through the book building process wherein 75 per cent, excluding the strategic investor portion, will be available to institutional investors and 25 per cent to non-institutional investors. The sponsor of the iss

Orient Technologies IPO: GMP hints double digit listing gains for investors

As investors await the listing of Orient Technologies' shares on the bourses tomorrow, Wednesday, August 28, 2024, the grey market premium hints at a favourable debut for the company's shares

Motorbike dealer with 8 staffers receives Rs 4.8K cr bids for Rs 12-cr IPO

Resourceful Automobile IPO: The New Delhi-based company specialises in the sale of Yamaha motorcycles and scooters. It runs two showrooms in the national capital under the name 'Sawhney Automobiles'

Bajaj Finserv, Bajaj Finance shares gain ahead of mortgage arm IPO

Special shareholder quota for Bajaj Finserv, Bajaj Finance shareholders

Auto parts maker Carraro India files papers with Sebi for Rs 1812 crore IPO

The IPO is fully comprised of an offer-for-sale valued at Rs 1,811.65 crore by its promoter, Carraro International SE, which operates as an investment holding company

Food delivery giant Swiggy targets $15 billion valuation in India IPO

One of the sources said Swiggy aimed to use IPO proceeds to expand its quick commerce Instamart business and open more warehouses to better compete with Zomato

IPO calendar next week: 6 new issues, 8 listings to ignite primary markets

Shares of Orient Technologies, and Interarch Building Products will list on the bourses, while IPOs of Premier Energies, and ECOS (India) Mobility & Hospitality will open for subscription next week

Last Chance! Orient Tech IPO ends today: should you bid? Check GMP & more

Adding to the buzz, Orient Technologies shares are commanding a grey market premium (GMP) of Rs 70, or 34 per cent, at the upper end of the IPO price on Friday

IPO vs NFO: How to decide which is a better investment option for you

Determining whether an IPO or NFO is better for investment depends largely on individual financial goals and risk tolerance

Bluestone raises Rs 900 cr in pre-IPO round, valuation doubles to $970 mn

Rs 900 crore raised by Bluestone includes Rs 600 crore in primary capital infusion, while the remaining Rs 300 crore came from secondary share sales

Saraswati Saree shares hit 5% lower circuit for 2nd day after solid listing

In two days since listing, Saraswati Saree share price is down 9.7 per cent. It, however, is 18.5 per cent higher than its issue price of Rs 160

Share market today: Gap-up seen on Fed Sept rate cut hope;Jackson Hole eyed

Share market today: Sensex and Nifty are likely to edge higher amid positive global cues. Check out Nifty levels and key triggers for trade

Ireda to float FPO of Rs 4,500 crore; firm to take nod in meeting on Aug 29

The only green NBFC had launched its IPO in December 2023, move in line with sector's growth

Alphabet-backed NBFC Aye Finance to launch Rs 2k cr IPO in a year: Report

Focused on small and medium enterprises, Aye Finance has roped in four arrangers for its upcoming IPO