Page 43 - Ipo

Auto component maker Happy Forgings to launch Rs 1,008 crore IPO on Dec 19

Auto components maker Happy Forgings Ltd on Thursday fixed a price band of Rs 808 to 850 per share for its Rs 1,008 crore-Initial Public Offering (IPO). The maiden public issue will open for subscription from December 1921, and the anchor book will be opened for a day on December 18. The IPO comprises a fresh issue of equity shares worth Rs 400 crore and an Offer For Sale (OFS) of up to 71.6 lakh shares by a promoter and a selling shareholder. Paritosh Kumar Garg (HUF) and India Business Excellence Fund III are the selling shareholders in the OFS. Proceeds from the fresh issue will be utilised towards the purchase of equipment, plants, and machinery, the payment of debt and a portion of the funds will also be used for general corporate purposes. Half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors, and the remaining 15 per cent for non-institutional buyers. Investors can bid for a minimum of 17 equity shares and in multiple

Muthoot Microfin IPO to open on Dec 18 at price band of Rs 277-291

The funds are expected to augment the capital base of the company. Out of the total, the company plans to raise Rs 760 crore through the sale of fresh equity and Rs 200 crore via Offer for Sale

IPO rush ahead of FPI holiday season, market to raise nearly Rs 8,000 cr

These companies will break a jinx of sorts seen during the December preceding a General Election year

Mutual Fund IPOs anchor bigger than FPIs for a second year in a row

So far this calendar, domestic funds subscribe for shares worth Rs 5,577 cr in anchor category, while FPIs Rs 5,417 cr

India Shelter Finance IPO: Should you invest in this housing finance firm?

Here's what brokerages recommend investors should do, with this Rs 1,200 crore IPO which closes for subscription on Friday, December 15.

IPO-bound Oyo elevates Rakesh Kumar as new chief financial officer

Kumar will replace Abhishek Gupta, who will continue with Oyo in "an advisory and mentorship capacity

Next year will be equally robust for IPOs: IIFL Securities' Nipun Goel

Goel says that the increased focus on profitability and reasonable pricing underpins demand for IPOs

Wired for growth: Strong outlook fuels EMS players' success circuit

The sector saw a dual dynamic in Q2 - revenue growth acted as a current of strength, yet profit margins faced resistance

Street Signs: Smallcap posts double-digit gains, TCS buyback blues and more

The assets under management of active smallcap schemes experienced a slight decline, even as smallcap indices registered double-digit gains in November

Flair Writing Industries' impressive debut marks end of busy listing week

However, newly listed shares come off highs as caution sets in

Tata Technologies shares soar 2.7 times on blockbuster market debut

The global ER&D player registers best listing-day performance for an IPO of over Rs 500 crore

Gandhar Oil Refinery soars 78% on market debut; Fedfina ends flat

For the quarter ended June 2023, Gandhar had posted a profit of Rs 54.3 crore on revenues of Rs 1,070 crore

Tata Technologies to boost India's hot IPO market on trading debut

Tata Technologies' IPO raised Rs 3,040 crore ($365 million), with shares being sold at Rs 500 each, the top of the marketed range. Demand exceeded shares on offer by 69 times, as investors piled

Ireda gains 88% on debut; Tata Tech, 2 others to list IPOs on Thursday

As per grey market operators, Tata Tech shares could gain over 80 per cent, while that of Gandhar are pegged to gain 40 per cent on debut

Tata Tech IPO: How to check allotment status, listing date, GMP & more

Tata Tech IPO: The shares of Tata Technologies will likely be listed on the bourses (BSE & NSE) on November 30

Tata Technologies IPO listing tomorrow: Here's what the experts expect

Tata Technologies IPO subscription: It was subscribed 69.43 times as of the final day of subscription on November 24, driven by high participation from institutional buyers

Indian investors need protection from manipulative short-selling practices

Third party reports and comments can affect markets and shake investor confidence

Fast-fashion retail giant Shein may go public with US IPO filing

The Chinese retail giant, now headquartered in Singapore, is estimated to be valued over $60 billion

Tata Technologies IPO becomes the new buzzword of Street, investors

IPO garnered bids worth Rs 1.56 trillion

Tata Tech's Rs 3,042.5-cr IPO subscribed 69.43 times on final day of offer

The Rs 3,042.5 crore initial public offer of Tata Technologies, which provides engineering and product development digital services, was subscribed 69.43 times on the final day of subscription on Friday, driven by remarkable participation from institutional buyers. This is the first company from the Tata Group to float an initial public offer (IPO) in nearly two decades. Tata Consultancy Services was the last IPO from the group in 2004. The initial share sale received bids for 3,12,64,91,040 shares against 4,50,29,207 shares on offer, as per NSE data. The category for qualified institutional buyers (QIBs) was subscribed a mammoth 203.41 times, while the part meant for non-institutional investors attracted 62.11 times subscription. The quota for retail individual investors (RIIs) was subscribed 16.50 times. The IPO of Tata Technologies was fully subscribed within minutes of opening for bidding on Wednesday. Tata Technologies, an arm of Tata Motors, on Tuesday said it has collected