Page 6 - Ipo

IGL, BPCL, Gail (India) shares rise 2% each on in-principle nod to MNGL IPO

MNGL IPO news: BPCL's Board has given an in-principle approval for MNGL listing

Quadrant Future Tek allots shares worth Rs 130.5 crore to anchor investors

The IPO is entirely a fresh issue of up to Rs 290 crore, and the company has priced its issue between Rs 275 and Rs 290 per share

NSE leads Asia in IPOs with 268 listings in 2024 across mainboard, SME

In CY24, the exchange recorded 90 successful listings on the mainboard, while 178 SMEs made their debut on NSE's Emerge, cumulatively raising Rs 1.67 trillion during the period

Zepto sets up a new entity to streamline its operations ahead of IPO

In the second half of 2024, Zepto had picked investment banks like Goldman Sachs, Morgan Stanley, and Axis Capital as advisors for its IPO

Capital Infra Trust InvIT's IPO to open on Jan 7, plans future acquisitions

For its initial portfolio, the trust will acquire, manage, and invest in nine completed and revenue-generating initial portfolio assets, aggregating approximately 682.43 km

NSE IX launches 1st fixed income derivatives; Indo Farm IPO subscribed 17x

Fixed income derivatives would help investors to manage exposure in the Indian bond market

Lionel Messi holds IPO for real estate assets, portfolio valued at $232 mn

His arrival in Miami has sparked a boom in interest and business for his Inter Miami team and more broadly for MLS, the main US football league

Senores Pharma IPO listing jackpot: Shares debut at bumper 52% premium

Senores Pharma shares listed at Rs 593.70 apiece on the BSE, reflecting a premium of 51.84 per cent over the IPO allotment price of Rs 391

Five companies shine on debut; deliver gains of up to 159% on listing day

These five IPOs had closed on Monday and attracted cumulative bids worth Rs 1.4 trillion as against the Rs 2,909 crore they were looking to mop up

RBL Bank divests entire 8.16% stake in DAM Capital before IPO listing

RBL Bank sold its stake in DAM Capital Advisors via an offer for sale, raising Rs 163.32 crore by selling 5.77 million shares at Rs 283 each

Share Market Today: Nifty F&O expiry; Unimech IPO closes; Senores allotment

Share market today: In the primary market, Unimesh Aerospace IPO will close for subscription today. Besides, Carraro India, Senores Pharmaceuticals, and Ventive Hospitality will have IPO allotment

Ventive Hospitality IPO gains 9.82 times subscription on last day of offer

As of September 2024, the company's portfolio has 11 operational properties, comprising 2,036 keys across the luxury, upper upscale and upscale segments

Indo Farm IPO to open on Dec 31 with price band of Rs 204-215 per share

Indo Farm Equipment on Tuesday fixed a price band of Rs 204 to Rs 215 per share for its initial share-sale that opens for public subscription on December 31. The Rs 260-crore issue will conclude on January 2 and the bidding for anchor investors will open for a day on December 30, the company announced. The initial public offering (IPO) of Indo Farm Equipment comprises fresh issue of 86 lakh equity shares and an offer for sale (OFS) of 35 lakh equity shares by promoter Ranbir Singh Khadwalia. Proceeds from the fresh issue will be used to set up a new dedicated unit for expansion of the company's pick & carry cranes manufacturing capacity, payment of debt, investment in the company's NBFC subsidiary Barota Finance for financing the augmentation of its capital base to meet its future capital requirements. Indo Farm Equipment manufactures tractors, pick & carry cranes and other farm equipment. At the upper end of the price band, the IPO size has been pegged at Rs 260 crore, ...

Six issues fully subscribed today, IGI ends at 13% premium on listing day

Companies typically avoid December due to concerns about limited participation from foreign portfolio investors during the year-end holiday period

Mobikwik leads IPO debut with 90% surge; Vishal, Sai Life gain around 40%

These stellar debuts came despite the benchmark indices logging continuous declines since their initial public offerings (IPOs) closed on Friday

Ventive Hospitality to raise Rs 1,600 crore through IPO to reduce debt

Investors can bid for a minimum of 23 equity shares and in multiples of 23 equity shares thereafter

With 11 IPOs announced so far, December tops as busiest month for listings

Industry players note that the sharp rally in the market over the past month has emboldened companies to advance their listing plans

Now, institutions dwarf retail investors in SME IPOs, reveals data

Handful of domestic, foreign institutions show large activity in SME segment: Report

Transrail Lighting's IPO to open on Dec 19; price band at Rs 410-432

Transrail Lighting Ltd on Monday fixed a price band of Rs 410-432 per share for its Rs 839-crore Initial Public Offering (IPO) that opens for subscription on December 19. The initial share-sale is scheduled to close on December 23 and the bidding for anchor investors will open for a day on December 18, the company announced. The company's proposed IPO is a combination of a fresh issue of shares worth Rs 400 crore and an offer for sale of 1.01 crore equity shares by a promoter Ajanma Holdings Private Ltd. At present, Ajanma Holdings holds a 83.22 per cent stake in the Mumbai-based company. At the upper end of the price band, the IPO size has been pegged at Rs 839 crore and a market capitalisation of nearly Rs 5,600 crore. Proceeds from the fresh issue will be used to fund incremental working capital requirements, to support capital expenditure and for general corporate purposes. Half of the issue has been reserved for qualified institutional buyers, 35 for retail investors and the

DeVANS to boost Samba beer capacity to 600K HL with Rs 60 crore investment

Jammu-based company DeVANS Modern Breweries also plans to enter the duty-free space with one-litre bottles of its Single Malt brand GianChand exclusively for travel retail