The grey market premium (GMP) of Sanstar IPO shares soared nearly 26 per cent ahead of its listing on the BSE and NSE, indicating solid listing gains for the investors...
SoftBank-backed EV maker to pursue valuation of about $4.5 bn
The upcoming week is poised to offer a plethora of opportunities to investors as many as nearly eight IPOs are scheduled to open for subscription
Contract manufacturer Akums Drugs plans expansion; targets higher margins
Available at the price band of Rs 90 - Rs 95 per share and a lot size of 150 shares, Sanstar IPO was subscribed 82.99 times until the final day of subscription on Tuesday, July 23, 2024
The three-day subscription window to apply for the Sanstar IPO, which opened on Friday, July 19, 2024, closes today. Sanstar IPO has been subscribed 13.56 times by July 22, 2024
Laboratory IPO comprises a fresh issue of 6,744,000 shares aggregating up to Rs 70.8 crore and is available at Rs 96 apiece
The basis of allotment of the shares of RNFI Services IPO is scheduled for today. Check allotment status, latest GMP, listing price prediction, and more - here
Kataria Industries IPO allotment status: The unlisted shares of Kataria Industries are currently trading at a premium of Rs 70
VL Infra IPO has been subscribed 292.84 times in the retail category and 140.48 times in the NII category, while the QIB category has received a subscription of 9.31 times as of July 24, 2024
Refrigerants supplier Stallion India Fluorochemicals has received Sebi's go-ahead to raise funds through an initial public offering (IPO), an update with the markets regulator showed on Monday. The proposed IPO comprises a fresh issue of up to 1.78 crore equity shares and an offer-for-sale (OFS) component of up to 43.02 lakh shares by its promoter Shazad Sheriar Rustomji, as per the Draft Red Herring Prospectus (DRHP). Proceeds from the issue will be used towards funding working capital requirements, capital expenditure for its proposed facilities in Maharashtra and Andhra Pradesh, and general corporate purposes. Stallion India Fluorochemicals, which filed preliminary IPO papers with the Securities and Exchange Board of India (Sebi) in March 2024, obtained its observation letter from the regulator on July 18, the update showed. The company is a supplier of refrigerants and various gases, catering to both bulk and small cylinder/container requirements. It has extensive experience in
IPO moves and new energy clarity: Key upside risks for the conglomerate
Sahaj Solar listing today: Sahaj Solar shares listed at Rs 342 on the NSE SME as against the issue price of Rs 180, yielding a return of Rs 162 per share for the investors
The IPO comprises a fresh issue of 41.8 million shares valued at Rs 397.1 crore and an offer for sale (OFS) of 11.9 million shares worth Rs 113.05 crore.
EV maker last raised funds at $5.5 bn value
At 6:40 AM, GIFT Nifty futures traded steady at 24,620, indicating a subdued start for the markets.
At least 15 more companies are working on offerings that could materialise in coming months that could potentially raise a combined $11 billion
The stock listed at Rs 356, a 39 per cent premium over its issue price of Rs 256 per share on the National Stock Exchange NSE on Wednesday.
Virtual Galaxy Infotech on Tuesday said it has raised Rs 21.44 crore in its pre-IPO funding round from marquee investors. The company is now gearing up to file its Draft Red Herring Prospectus (DRHP) with the stock exchange to launch its SME IPO, the company said in a statement. Former RARE Enterprise Managing Director Devnanthan Govind Rajan, ex-director of Electra Partners Asia Fund Jayaraman Vishwanathan, and former COO & CFO of Yes Bank Asit Oberoi are among the investors who participated in the funding round. Other investors include M Srinivas Rao, former MD at the Bill and Melinda Gates Foundation, India, Umesh Sahay and Abhishek Narbaria, Co-Founders of EFC(I); Darshan Gangolli, former Executive Director at Altico Capital (Real Estate Fund); Abhishek More, Founder and CEO of Digikore Studios; and Amit Mamgain, Senior VP of Equity Sales at AMSEC. The company has appointed Shreni Shares as the merchant banker for the public offering. Virtual Galaxy Infotech is a Hybrid SaaS .
Stock Market Highlights on July 09, 2024: The benchmarks Nifty, and Sensex indices hit record highs in intraday trade