Facility management service provider BVG India has received necessary approvals to raise Rs 300 crore through an initial public offering (IPO), a top company official said on Sunday. Last year in September, BVG India had filed its preliminary papers with market regulator Sebi to raise funds through an initial public offering (IPO) comprising a fresh issue of equity shares and an OFS. Under the offer for sale (OFS), existing shareholders will offload 2.85 crore equity shares, according to the draft red herring prospectus (DRHP) dated September 30, 2025. "The DRHP has been filed, and we have received the necessary approvals. So yes, the process is on," BVG India CEO Rupal Sinha told PTI. Sinha said in the DRHP, the company has disclosed that it will raise Rs 300 crore to just retire some of its loans and support the growth development. "This all will be more market-driven mechanism," she said. The company reported revenue from operations of Rs 4,128 crore and profit after tax of Rs
The primary market is poised for another action-packed week, with 11 main-board companies, including Rentomojo, Karamtara Engineering and Kanohar Electricals, set to raise Rs 7,055 crore through initial public offerings (IPOs). The IPOs are scheduled to hit the market between September 7 and September 15, with most of the issues opening for subscription on Tuesday and Wednesday. "This multi-issue rush reflects an eagerness to lock in early-stage growth equity in young companies as all these companies are below USD 1 billion market cap at listing," Rajkumar Rathi, Chief Investment Officer at YES Securities, said. The companies tapping the primary market include real estate developers, engineering and manufacturing firms, a payments and identity solutions provider, a specialty chemicals manufacturer and an online rental platform. Of Rs 7,055 crore, Rs 2,722 crore (39 per cent) is primary capital issuance, where funds go into the company, and Rs 4,333 crore (61 per cent) is a secondar
Market participants attribute the primary market's momentum to the Sebi's regulatory nod for the National Stock Exchange's public issue, laying the groundwork for a mega-listing.
Sources say the IPO may open for subscription by September 15, with listing eyed around September 25
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap fell 0.25 per cent and the Nifty SmallCap rose 0.22 per cent
ESDS Software's share price listed at ₹757 apiece on the National Stock Exchange (NSE) as against the offer price of ₹429, a premium of 76.46 per cent.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.37 per cent and 1.2 per cent higher, respectively
ESDS Software is expected to outpace Priority Jewels in terms of listing gains even though both offers garnered bids of over 100 times.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.53 per cent and 0.37 per cent lower, respectively
The Hiranandani Group-backed firm is looking to file draft IPO papers in October and aims to raise up to $1.5 billion to repay debt
State-run Coal India is offloading up to 661.8 million shares in its unit, according to the prospectus
Nifty India Internet surges 8% in August as MSCI rejig and block deals lift new-age stocks, while IPO activity hits a yearly high
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.39 per cent and 0.23 per cent down, respectively
Deepa Jewellers IPO also commands a healthy grey market premium (GMP), increasing its appeal for investors. That said, certain risks like weak margins and customer concentration linger.
Milk Mist, which listed on the bourses on August 18 after a solid response to its initial public offering (IPO), trades 65 per cent above its offer price of ₹140 based on today's intraday high.
Skyways Air Services' shares debuted at ₹124 apiece on the National Stock Exchange, a 10.14 per cent discount to the initial public offer (IPO) price of ₹138 apiece.
Founder Abhishek Agarwal is steering the Pernia's Pop-Up Shop parent away from mass discretionary spending and towards a narrower, wealthier customer base
Coal India Ltd (CIL) Chairman and Managing Director B Sairam on Monday said the initial public offerings (IPOs) of two of its largest subsidiaries, South Eastern Coalfields Ltd (SECL) and Mahanadi Coalfields Ltd (MCL), will be completed within the current financial year. Responding to questions from shareholders and stakeholders during an interaction, Sairam said the exact timeline would depend on market conditions and government directives. "... regarding the IPO of SECL and Mahanadi Coalfields Limited. We plan to complete the IPO by the year-end positively. Its IPO will be completed in this current financial year only. The exact month and date will depend upon the market conditions and the government directives, etc," Sairam said. CIL's board had in March this year accorded in-principle approval for divestment of up to 25 per cent equity stake each in SECL and MCL through an offer for sale (OFS), along with issuance of fresh equity shares by SECL of up to 10 per cent of its ...
Sensex Today | Stock Market LIVE Updates Monday: The GIFT Nifty indicated that the Nifty50 may open on a negative note. Most Asian markets fell in early deals
Hy-Tech Engineers IPO GMP is 79 per cent, while Skyways Air and Symbiotec Pharmalab are expected to list at over 20 per cent premium.