Page 36 - Ipo

Aadhar Housing stages flat market debut at Rs 314 on BSE

Aadhar Housing Finance made a flattish stock market debut on Wednesday with its shares of housing finance company (HFC) getting listed at Rs 315 per share ,a 0.22 per cent discount

Healthcare tech firm Indegene shares rally over 26% in debut trade

Shares of healthcare tech firm Indegene Ltd on Monday ended with a premium of over 26 per cent against the issue price of Rs 452. The stock listed at Rs 659.70, up 45.95 per cent from the issue price on the BSE. It later ended at Rs 570.65, rallying 26.25 per cent. On the NSE, it started the trade at Rs 655, registering a gain of 44.91 per cent. The stock ended at Rs 569.50, up 25.99 per cent. The company's market valuation stood at Rs 13,614.40 crore. In volume terms, 22.73 lakh shares of the company were traded on the BSE and 356.45 lakh shares exchanged hands on the NSE during the day. The Initial Public Offer (IPO) of Indegene got subscribed 69.71 times on the closing day of bidding on Wednesday last week. The Rs 1,841.75 crore IPO had a fresh issue of up to Rs 760 crore and an offer-for-sale of up to 2,39,32,732 equity shares. The price band for the offer was Rs 430-452 a share. Funds raised through the fresh issue would be used to pay debt, fund capital expenditure requir

With IPO in mind, Flipkart may move domicile from Singapore to India

The move by the company, valued at $33 billion, may provide a huge tax gain for the Indian govt

Street signs: Go Digit IPO, stock lock-in expiry, and demat dilemma

The success of the stake sale in Vodafone Idea and the response to Bharti Hexacom's Rs 4,275 crore IPO have fuelled investor optimism about the prospects of IPOs

Go Digit General Insurance IPO price band set at Rs 258-Rs 272 per share

Offer opens on May 15, closes on May 17

NSE shares soar nearly 30% in unlisted market after bonus and dividend

Shares gaining investor interest post robust results, dividend of Rs 90 per share

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

Indegene IPO allotment to be out today: Here's how to check status online

Indegene IPO allotment: The public subscription for the Indegene IPO commenced on May 6 and concluded on May 8

Indegene IPO oversubscribed 70 times; allotment to be announced today

Indegene IPO allotment status will be announced on May 9. See the steps to check the allotment status of Indegene IPO on BSE and Link Intime website here

Energy Mission Machineries IPO opens today, May 9: All you need to know

The price band for the IPO issue is set at Rs 131 to Rs 138 per share, with a minimum lot size of 1,000 shares

Aadhar Housing Finance IPO Alert: An issue for risk takers, say experts

Aadhar Housing Finance IPO review: Aadhar Housing Finance aims to raise Rs 3,000 crore with a price band fixed at Rs 300 to Rs 315 per share

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

FY25 to be best year for Happiest Minds since IPO: Chairman Ashok Soota

Happiest Minds believes it is in a unique position to capitalise on the opportunities presented by GenAI

Irdai imposes a fine of Rs 1 crore on IPO-bound Go Digit Insurance

According to recent general insurance council data, the company had a gross written premium (GWP) of Rs 7,941.1 cr in FY24

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

NSE investors may face further delays for its initial public offering

According to industry players, one of the key requirements for approving NSE's IPO is for it to remain free from any tech-glitch for a year

Planning to invest in an IPO of a company: Know details before investing

It is important to note that investing in an IPO requires careful consideration, as it's not a ticket for great return.

Belstar Microfinance files DRHP with Sebi for Rs 1,300 crore IPO

According to the DRHP, the fresh issue of equity shares is worth Rs 1000 crore, and the offer-for-sale (OFS) is Rs 300 crore by existing investors

GIFT Nifty logged $82 bn turnover in April; SK Finance files draft papers

Vehicle finance and business loans-focused non-bank lender SK Finance has filed preliminary papers with Sebi to garner Rs 2,200 crore through an initial share sale

India's IPO market set to break May jinx in Lok Sabha election year

For 1st time during poll cycle since '04, mkts will see IPO frenzy