Page 108 - Ipos

Saraswati Saree Depot IPO: GMP hints listing gains; check likely price

Priced in the range of Rs 152-160 per share with a lot size of 90 shares, the public issue received great demand from investors, with the IPO being subscribed 107.39 times by final day of subscription

Interarch Building Products IPO opens today: GMP jumps 36%, should you Bid?

Several noted brokerage firms, including Reliance Securities, Deven Choksey Research, SBI Securities, and Swastika Investmart, have shared their outlook on the Interarch Building Products IPO

Interarch Building Products IPO: GMP jumps 43%; 6 Must-know facts from RHP

Interarch Building Products IPO Opens for Public Subscription on Monday, August 19, 2024. Here are the details from the RHP that you should know before considering subscribing to the public issue

JSW Cement files draft papers with Sebi to raise Rs 4,000 crore via IPO

JSW Cement's IPO will hit the market while its other listed competitors are in a frenzy to increase capacity and gain market share

Stock Market Highlights, Aug 16: Sensex climbs 1,331 pts, Nifty ends near 24,550; IT, Banks shine

Stock Market Highlights today, Friday: All the sectoral indices settled with gains, led by Nifty IT, Auto, Media, and Realty indices, which ended over 2 per cent each

IPO calendar next week: 4 IPOs to open; Saraswati Saree to debut; Full List

The upcoming week is poised to offer a plethora of opportunities to investors to invest in several initial public offerings. Here is the full detailed list of IPOs for next week

Saraswati Saree Depot IPO allotment: See status, GMP, likely listing price

The public issue, which closed for subscription on Wednesday, August 14, 2024, witnessed overwhelming demand, with the IPO being subscribed 107.39 times by the final day

E-commerce logistics firm Ecom Express files for Rs 2,600 cr worth IPO

The IPO will consist of a fresh issue of shares worth up to Rs 1,285 crore while existing investors will offload shares aggregating to Rs 1,316 crore

ArisInfra Solutions files papers with Sebi to garner Rs 600 cr via IPO

ArisInfra Solutions Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 600 crore through an initial public offering (IPO). The proposed IPO is completely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP). The Mumbai-based company plans to mop-up about Rs 120 crore through a pre-IPO placement. If such placement is undertaken, the amount raised will be deducted from the total IPO size. Proceeds of the issue will be used for funding the working capital requirements of the company, investment in subsidiary, Buildmex-Infra, for funding its working capital, purchase of partial shareholding from existing shareholders of its subsidiary, ArisUnitern Re Solutions Pvt Ltd, repayment of loan and for general corporate purposes. Arisinfra Solutions is a B2B technology-enabled company, focusing on simplifying and digitizing the procurement process for construction materials. Between April 1, 2

Saraswati Saree Depot IPO subscribed whopping 107.39 times on last day

The initial public offer of Saraswati Saree Depot, a key player in the saree wholesale segment, got subscribed a whopping 107.39 times on the last day of subscription on Wednesday. The Rs 160-crore initial share sale received bids for 1,07,39,63,880 shares against 1,00,00,800 shares on offer, as per NSE data. The portion for non-institutional investors attracted 358.47 times subscriptions, while the quota for Qualified Institutional Buyers (QIBs) subscribed 64.12 times. The category for Retail Individual Investors (RIIs) garnered 61.59 times subscriptions. The initial public offering (IPO) has a fresh issue of up to 64,99,800 equity shares and an offer for sale of up to 35,01,000 equity shares. The price range for the offer is Rs 152-160 per share. The company proposes to utilise the net proceeds from the fresh issue towards funding working capital requirements and general corporate purposes. The Kolhapur-based company, whose origin in the sarees business dates back to the year 1

Saraswati Saree Depot IPO closes today; Should you Bid? Check GMP & more

The unlisted shares of Saraswati Saree Depot are commanding a strong premium on the last day of subscription. Should you subscribe to the Saraswati Saree Depot IPO?

Metalman Auto files IPO papers with Sebi, eyes Rs 350 cr via shares sale

Auto components maker Metalman Auto Ltd has filed draft papers with capital markets regulator Sebi to mobilise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares worth Rs 350 crore and an offer for sale (OFS) of up to 1.26 crore shares by its promoters, according to the draft red herring prospectus (DRHP). Proceeds from the fresh issue to the tune of Rs 25 crore will be used to part financing the capital expenditure towards procurement of plant and machinery at Pithampur manufacturing unit 2 in Madhya Pradesh. Additionally, Rs 240 crore will be used for payment of debt, besides, a portion of funds will be used for general corporate purposes, draft papers filed on Monday showed. Founded in 1986, Metalman Auto is a one-stop shop for sheet metal and tubular fabrication, metal finishing and assembly of components for OEMs in the automotive and non-automotive sectors. The company is primarily focused on manufacturing meta

FirstCry, Unicommerce eSolutions mark strong trading debuts; stocks rise

FirstCry has also joined the club of startup unicorns that have successfully IPO'd over the last few years. Others include Zomato, Paytm, PolicyBazaar, and Ola

Saraswati Saree Depot IPO subscribed 16.33 times on second day of offer

The initial public offering of Saraswati Saree Depot, a key player in the sarees wholesale segment, got subscribed 16.33 times on day two of subscription on Tuesday. The Rs 160-crore initial share sale received bids for 16,33,54,410 shares against 1,00,00,800 shares on offer, as per NSE data. The portion for non-institutional investors fetched 57.16 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 20.28 times. The quota for Qualified Institutional Buyers (QIBs) received 1.32 times subscription. The Initial Public Offering (IPO) has a fresh issue of up to 64,99,800 equity shares and an offer for sale of up to 35,01,000 equity shares. The price range for the offer is Rs 152-160 per share. The initial share sale will conclude on August 14. The company proposes to utilise the net proceeds from the fresh issue towards funding working capital requirements and general corporate purposes. The Kolhapur-based company whose origin in the sarees bu

Upcoming IPO Alert: Inventurus Knowledge Solutions files DRHP with Sebi

Upcoming IPO Alert: With the IPO, Inventurus Knowledge Solutions is offering an offer for sale of up to 28,184,060 equity shares of face value of Re 1 apiece

Saraswati Saree Depot IPO gets fully subscribed on Day 1 of offer

The initial public offer of Saraswati Saree Depot, a key player in the sarees wholesale segment, was subscribed more than four times on the first day of subscription on Monday. The Rs 160-crore initial share sale received bids for 4,37,44,950 shares against 1,00,00,800 shares on offer, translating into an oversubscription of 4.37 times, according to NSE data. The quota for non-institutional investors fetched 12.62 times subscription, while the category for Retail Individual Investors (RIIs) got subscribed 5.39 times. The qualified Institutional Buyers (QIBs) portion received 1.19 times subscription. The Initial Public Offer (IPO) has a fresh issue of up to 64,99,800 equity shares and an offer for sale of up to 35,01,000 equity shares. The price range for the offer is Rs 152-160 per share. The initial share sale will conclude on August 14. The company proposes to utilise the net proceeds from the fresh issue towards funding working capital requirements and general corporate ...

CARS24 preparing to float IPO to tap growth opportunities: Co-Founder

Online used-car platform CARS24 is gearing up for an IPO as it prepares to tap into the next level of growth opportunities in the domestic market, Co-Founder Gajendra Jangid said on Monday. The Gurugram-headquartered firm, which has already crossed USD 1 billion in turnover, expects the domestic used-car market to cross USD 100 billion mark over the next ten years. "IPO is a milestone and a stepping stone in our journey. We are gearing up for it internally. I am not laying any roadmap for...by when we will go for the IPO. But the progress is being made in that direction," Jangid told reporters here. Elaborating on the growth potential of the Indian used-car market, he stated that car ownership in the country remains low as compared to various developed geographies including China and the US. Jangid noted that the used-car segment was growing faster than the new car sales in the country with strong demand emanating from Tier II and III cities and towns. He noted that the company is

Unicommerce eSolutions IPO GMP hints listing gains; Check expected price

The latest GMP trends indicate a bumper listing for Unicommerce eSolutions shares on the bourses - BSE and NSE. Check the expected listing price, listing gains, and more

FirstCry IPO listing price prediction: GMP hints 18% gain on debut; Details

FirstCry shares are trading at a premium of nearly Rs 86 or 18.49 per cent on Monday, which is nearly triple the GMP of Rs 32 or 6.88 per cent that the shares commanded on the IPO opening date

Saraswati Saree Depot IPO GMP soars 32% ahead of opening; Should you bid?

The three-day subscription window for the Saraswati Saree Depot IPO, a book-built issue worth Rs 160.01 crore, closes on Wednesday, August 14, 2024