Page 102 - Ipos

Northern Arc IPO listing buzz: GMP resurges 55%; check likely listing price

Northern Arc Capital shares are poised for their market debut tomorrow. Here's what GMP trends indicate about the listing prospects

Arkade Developers IPO: 50% listing gain on cards? Check GMP, expected price

Arkade Developers shares are expected to make their market debut with listing on the BSE, and NSE tomorrow; here's what GMP hints about listing

IPO fever hits D-Street: 10 opening, 13 listing to lure investors next week

Maintaining its momentum, the Indian primary market is poised to captivate investors in the next week, with the launch of two mainline, and as many as eight SME initial public offerings (IPOs)

Manba Finance IPO opens today: GMP up 50%; should you subscribe?

Manba Finance unlisted shares were trading at a premium of Rs 60 in the grey market, reflecting a 50 per cent gain over the IPO's upper end price of Rs 120, underscoring positive investor sentiment

Villa rental firm StayVista aims for 2028 IPO; eyes revenue of Rs 600 cr

Damani plans to capitalise on this growth by solidifying their presence in the largest markets and venturing into new domestic geographies

Leela hotels owner Schloss files IPO papers to raise for $599 million

The company has 12 operational hotels across ten cities in India and is planning to add eight new hotels through 2028, Schloss said in its IPO prospectus

Paramount Speciality Forgings IPO subscribed nearly 69 times on last day

The initial public offer of Paramount Speciality Forgings got subscribed by 68.7 times on the last day of subscription on Friday. The Rs 32.34-crore public offer of Paramount Speciality Forgings received bids for 26,96,40,000 shares, as against 39,22,000 shares, according to the NSE SME data. The category for Non Institutional Investors received 220.54 times subscription, while the Retail Individual Investors (RIIs) portion garnered 41.29 times subscription. The Qualified Institutional Buyers quota was subscribed 20.87 times. The initial public offering (IPO) of Paramount Speciality Forgings comprises a fresh issue of 48.02 lakh equity shares and an Offer-for-Sale (OFS) of up to 6.8 lakh shares by promoters. As part of the OFS, Aliasgar Roshan Hararwala, Aliasgar Abdulla Bhagat, Mohammed Salim Hararwala, Abdulla Aliasgar Bhagat, Hoozefa Saleem Hararwala, Abbasali Salim Hararwala, Zahid Mohamadi Hararwala and Roshan Alihusain Hararwala have offloaded their shares. The Mumbai-based

HDFC Bank's subsidiary HDB Financial Services board clears IPO plans

Fresh equity offering upto Rs 2,500 cr plus offer for sale

SECI plans to launch IPO in 1 or 2 yrs to expand renewable energy capacity

State-owned Solar Energy Corporation of India (SECI) will go public to raise funds in next one or two year in order to expand renewable energy capacity in the country, said a top company official. The remark comes at a time when India aims to have 500 GW of renewable energy capacity by 2030. The 500 GW target is in the pipeline and it will be done, said SECI Chairman and Managing Director R P Gupta. "But we have to think beyond 2030. The power demand will be 2,000 GW by 2047," he said at a press conference here. India has 207 GW of renewable energy capacity and still needs to add at least 50 GW per annum every year till 2030 to achieve 500 GW target. "We would like to go public in next one or two years," Gupta said. The country's peak power demand has touched an all-time high of around 250 GW in May this year. SECI's listing on bourses is also important because it is the nodal agency of the Ministry of New & Renewable Energy for tendering renewable energy projects. Gupta said t

IPO allotment today: Check status for Arkade Developers, Western Carriers

Allotment of initial public offerings (IPOs) of Arkade Developers and Western Carriers (India) is likely to be finalised today. Here's how you can check the allotment status of these IPOs online

Northern Arc Capital IPO allotment: Check status, GMP, likely listing gains

Once the allotment is finalised, investors can check the allotment status of Northern Arc Capital IPO by visiting the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue

Three IPOs receive bids over Rs 1.05 trillion; demand outstrips supply

The strong demand from investors is on the back of high grey market premiums. All three will make their debut next week

NTPC Green Energy IPO SWOT analysis: Key strengths, weaknesses from DRHP

As investors await further details, here is a comprehensive analysis of the strengths, weaknesses, opportunities, and threats of the NTPC Green Energy, as described in the DRHP papers

Northern Arc Capital IPO closes today; GMP up 60%; should you subscribe?

Northern Arc Capital IPO, which opened for public subscription on Monday, September 16, 2024, closes today

NTPC Green Energy files draft papers to raise $1.2 billion through IPO

The company, a unit of power producer NTPC, will only issue new shares, and existing shareholders will not sell any stake, the draft papers showed

Investors subscribe Arkade Developers' IPO 29.42 times offer size on day 3

The initial public offer of Arkade Developers got subscribed 29.42 times on Wednesday, day three of the share sale. The Rs 410-crore initial share sale received bids for 69,94,46,440 shares against 2,37,75,719 shares on offer, according to NSE data. The quota for non-institutional investors garnered 58.80 times subscription while the Retail Individual Investors (RIIs) part got subscribed 33.26 times. The portion for Qualified Institutional Buyers (QIBs) received 61 per cent subscription. The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription. Realty firm Arkade Developers Ltd has raised Rs 122.40 crore from anchor investors. The company has fixed a price band of Rs 121-128 per share for its Rs 410-crore initial public offering. The initial share sale will conclude on September 19. The IPO is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale

Oswal Pumps files IPO papers with Sebi to raise Rs 1k cr via fresh issue

Haryana-based Oswal Pumps has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is a combination of fresh issue of equity shares worth Rs 1,000 crore and an offer-for-sale (OFS) of up to 1.13 crore equity shares by promoter Vivek Gupta, according to the draft red herring prospectus (DRHP) filed on Tuesday. The company may consider raising up to Rs 200 crore in a pre-IPO placement. If such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue will be used for funding certain capital expenditures of the company; investment in wholly-owned subsidiary, Oswal Solar in the form of debt or equity, setting up new manufacturing units at Karnal, Haryana, payment of debt, and for general corporate purposes. Oswal Pumps commenced its operations in 2003 by manufacturing low-speed monoblock pumps and over the years, it expanded its operations to manufacture grid-connected high-speed

Quality Power files draft papers with Sebi to raise funds via IPO

Quality Power Electrical Equipments, an energy transmission equipment and power technologies company, has filed preliminary papers with capital market regulator Sebi to raise funds through a initial public offering. The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 225 crore and an offer for sale (OFS) of up to 1.2 crore equity shares, according to the draft red herring prospectus filed on Monday. As part of the OFS, promoter Chitra Pandyan will offload the shares of the IPO-bound company. The Pandyan family holds 100 per cent stake in Sangli-based Quality Power. Proceeds from the fresh issue are proposed to be utilised for the acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd, funding capital expenditure requirements for purchasing plant and machinery. Besides, the company will also use the funds for inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes. Quali

Upcoming IPO: Quadrant Future Tek gets Sebi nod for Rs 275-cr IPO; details

Quadrant Future Tek IPO is an entirely fresh issue of shares with a face value of Rs 10 per equity share, aggregating up to Rs 275 crore

Arkade Developers IPO: 67% GMP, 10.8x subscription; should you bid?

Arkade Developers IPO has received bids for a whopping 25,68,35,810 shares, against 2,37,75,719 shares offered, resulting in an oversubscription of 10.80 times so far