Page 106 - Ipos

Premier Energies IPO listing prediction: Will strong GMP fuel 100% returns?

As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception

Be more discerning on SME IPOs: Market regulator Sebi to exchanges

Urges SMEs to go for alternative funds before exploring listing option

Majority of IPO shares are sold in 7 days, 70% within a year: Sebi study

Sebi study shows most of IPO applicants chase quick gains

Market regulator Sebi keeps JSW Cement's Rs 4,000 cr IPO in 'abeyance'

Without specifying reasons, Sebi stated that the "issuance of observations (has been) kept in abeyance," according to an update on its website on Monday

Investors subscribe Gala Precision IPO 10.83 times offer size, shows data

The initial public offer of Gala Precision Engineering got fully subscribed within minutes of opening for bidding on Monday. The initial share sale received bids for 47,77,444 shares against 22,23,830 shares on offer, reflecting 2.15 times subscription, as per NSE data till 11:21 hours. The portion for Retail Individual Investors (RIIs) garnered 3.15 times subscription while the quota for non institutional investors got subscribed 2.54 times. The initial share sale will conclude on September 4. Gala Precision Engineering Ltd has fixed a price band of Rs 503-529 per share for its Rs 168-crore initial public offering (IPO). The IPO is a combination of a fresh issue of 25.58 lakh equity shares worth Rs 135.34 crore and an offer for sale (OFS) of 6.16 lakh equity shares valued at Rs 32.58 crore by promoter group entities and individual shareholders. This aggregates the transaction size to Rs 168 crore at the upper end of the price band of Rs 529. Proceeds from the fresh issue will be

54% IPO shares allotted to investors sold within a week, shows Sebi study

A study by markets regulator Sebi highlighted flipping behaviour among investors in the initial share-sale market with investors (excluding anchor) selling 54 per cent of IPO shares allotted to them by value within a week. The study found a strong disposition effect (tendency to prematurely sell assets that have made financial gains) with investors showing a greater propensity to sell IPO shares that posted positive listing gains, compared to those that listed at a loss. In light of the increasing participation of retail investors and the heightened oversubscription in recent IPOs, the Securities and Exchange Board of India (Sebi) conducted an in-depth study to analyze investor behaviour in main-board IPOs. The study encompasses data from 144 IPOs listed between April 2021 and December 2023. During the study period, 144 IPOs collectively raised a total of Rs 2.13 lakh crore. Notably, 65 per cent of the total issue size was Offer for Sale (OFS), through which the pre-existing ...

VFX company Identical Brains files draft IPO papers with NSE Emerge

VFX company Identical Brains Studios on Monday said it has filed preliminary IPO papers with NSE Emerge to raise funds through an initial public offering (IPO). The Mumbai-headquartered company's initial public offering comprises a fresh issuance of up to 36.94 lakh equity shares with a face value of Rs 10, through the book-building route, according to the draft red herring prospectus (DRHP). The firm plans to utilise the proceeds to fund the renovation of the existing office and studio in Andheri; establish Colour Grading Digital Intermediate and Sound Studio set-up at a new branch office in Andheri; establishment of the new branch office in Lucknow; purchase of computers, storage systems and software; further strengthen the existing facilities the company; support the company's incremental working capital requirements and for general corporate purposes. Identical Brains Studios offers a comprehensive suite of VFX services in a diverse range of projects such as films, web series, T

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

Bazaar Style IPO: Subscription soars on Day 2, GMP up 20%; should you bid?

The three-day subscription window to bid for the Bazaar Style Retail IPO, available at a price band of Rs 370-389 and a lot size of 38 shares, closes tomorrow

ECOS Mobility IPO allotment today; check status, GMP, likely listing gains

Once the allotment is finalised, investors can check their allotment status on the BSE, NSE, or via Link Intime India, the issue's registrar. Here are the direct links to check the allotment status

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

Baazar Style Retail IPO receives 72% subscription on day 1 of offer

The initial public offer of Rekha Jhunjhunwala-backed value fashion retailer Baazar Style Retail received 72 per cent subscription on the first day of bidding on Friday. The initial share sale got bids for 1,08,18,182 shares against 1,50,30,116 shares on offer, as per NSE data. The quota for Retail Individual Investors (RIIs) fetched 82 per cent subscription while the category for Qualified Institutional Buyers (QIBs) got subscribed 70 per cent. The portion for non-institutional investors garnered 47 per cent subscription. Baazar Style Retail Ltd on Thursday said it has collected Rs 250 crore from anchor investors. The Rs 835-crore initial public offering (IPO) will conclude on September 3. The price band has been fixed at Rs 370-389 per share. The IPO is a combination of a fresh issue of equity shares worth Rs 148 crore and an offer for sale (OFS) of up to 1.76 crore valued at Rs 687 crore (at the upper end of the price band) by promoter group entities and other selling ...

ECOS Mobility IPO ends today: should you bid? Check GMP & other details

The three-day subscription window to bid for the ECOS Mobility IPO, which is offered at a price band of Rs 318-334 and a lot size of 44 shares, ends today

Wait Over! Premier Energies IPO allotment today; check status, GMP & more

Premier Energies shares are commanding a GMP (Grey Market Premium) of nearly Rs 421, or 93.56 per cent over the upper end of the IPO price, indicating solid listing gains for investors

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

Market buoyancy significantly boosts success rate of firms launching IPOs

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy

Ecos Mobility IPO gets subscribed 9.55 times on second day of offer

The initial public offer of chauffeur-driven mobility provider Ecos (India) Mobility & Hospitality received 9.55 times subscription on the second day of bidding on Thursday. The Rs 601 crore initial share sale received bids for 12,03,58,964 shares against 1,26,00,000 shares on offer, as per NSE data. The portion for non-institutional investors garnered 23.47 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 8.99 times. The category for Qualified Institutional Buyers (QIBs) received 10 per cent 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 is 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. Since the public issue is entirely an OFS, the ...

ECOS Mobility IPO day 2: NIIs subscription surges; Check latest GMP & more

Public issue has received the highest bids from Non-Institutional Investors (NIIs) at 11.74 times, followed by Retail Investors at 5.85 times, and Qualified Institutional Buyers (QIBs) at 0.05 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

Regional Rural Banks evince interest in going public at meet with FM

"Through the IPO, we aim to enhance our credibility as a prestigious organization to be part of and worth investing in," said a senior executive of an RRB