Page 29 - Ipo

SK Finance gets IPO approval; Baazar Style booked 4.64x on second day

IPO of Gala Precision Engineering got fully subscribed within minutes of opening for bidding

Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details

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

Brokerages bullish on Gala Precision IPO; GMP jumps 45%; should you bid?

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

Sebi plans to tighten SME IPO norms, migration regulations: Ashwani Bhatia

A consultation paper to review the eligibility conditions, disclosures, and institutional portion expected soon

Ecos Mobility IPO gets subscribed over 64 times on offer's closing day

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 .

IFSCA releases final norms for Gift City listings, sets IPO eligibility

Includes norms for already listed companies to explore the avenue, though subject to norms from other regulators

GMP zooms 33%! Should you bid for Baazar Style Retail IPO on opening day?

Several brokerages, including Geojit, Deven Choksey Research, and Swastika Investmart, have reviewed the Bazaar Style Retail IPO, and shared their outlook for investors

Most IPOs reasonably priced, domestic funds drive a hard bargain: Kaushik

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

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