Page 4 - Ipos

Purple Style Labs bets IPO on India's booming luxury wedding market

Founder Abhishek Agarwal is steering the Pernia's Pop-Up Shop parent away from mass discretionary spending and towards a narrower, wealthier customer base

South Eastern Coalfields, Mahanadi Coalfields IPO by year-end: CIL CMD

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 ...

Stock Market Close: Sensex falls 307 pts, Nifty settles at 24,080; metal, realty, IT shares weigh

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 may outshine Skyways, Symbiotec on listing day, GMP signals

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.

Shein IPO values fast-fashion giant at $26 billion, far below peak

Shein raised $1.7 billion in its Hong Kong IPO at a $26 billion valuation, as slowing growth, tariffs and competition threaten the fast-fashion retailer's prospects

Led by Tempsens Instruments, new listing returns hit CY26 high in August

Tempsens Instruments gained 93.57 per cent on its listing day, while six of the 17 mainboard IPOs listed in August ranked among CY26's top 10 debut performers

Purple Style Labs collects ₹306 cr from anchor investors; IPO opens Aug 31

Purple Style Labs Ltd, the parent company of Pernia's Pop-Up Shop, on Friday raised Rs 306 crore from anchor investors ahead of its Rs 680-crore initial public offering (IPO), which will open for subscription on August 31. The company has allotted 53.22 lakh equity shares to 10 anchor investors at Rs 575 per share, according to a circular uploaded on BSE's website. Some of the investors participating in the anchor book include ICICI Prudential Mutual Fund, Jupiter India Fund, Aditya Birla Sun Life Insurance Company Ltd, ITI Mutual Fund, Singularity Equity Fund I, Integrated Core Strategies (Asia) Pte Ltd, Morgan Stanley Asia (Singapore) Pte and BoFA Securities Europe SA ODI. The IPO will open on August 31 and close on September 2. The IPO comprises a fresh issue of equity shares aggregating up to Rs 680 crore, with no offer-for-sale component. The price band for the issue has been fixed at Rs 546-575 per share. At the upper end of the price band, the issue values Purple Style Lab

Sebi bars Trafiksol ITS, promoters from securities market for one year

Regulator imposes penalties totalling ₹1.05 crore over alleged lapses in the ₹44.87 crore SME IPO, including misleading disclosures and concealment of material facts

Sebi gives green light to Jio Platforms IPO, six other public offers

Jio Platforms' IPO will comprise a fresh issue of up to 270 million shares with a face value of ₹10 each, with the price to be set through book-building

Stock Market Close: Sensex snaps 2-day losing streak, gains 331 pts; Nifty at 24,176; IT shines

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.05 per cent and 0.2 per cent higher, respectively

ESDS Software IPO sails through on 1st day, GMP at 77%; check reviews

ESDS Software Solution IPO price band is at ₹408 to ₹429 per share. Investors can apply in lots of 34 shares.

IndiaFirst Life is not likely to see drop in headcount from AI adoption

The company said IndiaFirst Life is likely to revisit its IPO plans after regulatory approval for BNP Paribas Cardif's stake acquisition and the new shareholder structure is in place

Stock Market Close: Sensex declines for 2nd day, ends 539 pts lower; Nifty settles at 24,091

Sensex Today | Stock Market Highlights,Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.1 per cent and 0.13 per cent down, respectively

IPO frenzy: Why retail investors need to look beyond subscription, GMP buzz

What attracts retail investors to an IPO is primarily the buzz created around the issue on social media, grey markets, and the level of subscription.

Lumino Industries IPO: GMP at 60%; analysts recommend 'subscribe' tag

The shares of Lumino Industries are slated to list on BSE and NSE with a tentative date set as September 3.

NSE, PhonePe to lead IPO wave as 239 firms line up to list, say analysts

According to Prime Database data, 21 IPOs are opening in August, up from 12 in July. This marks a sharp spike from the first half of the year.

Purple Style Labs sets price band, eyes ₹4,604 crore IPO valuation

The company will raise up to ₹680 crore in a fresh issue to fund lease liabilities, marketing and expansion, with the offer opening on August 31 and closing on September 2

Solar panel maker Avaada Electro files updated DRHP for ₹7,600 crore IPO

The Brookfield-backed company plans a ₹1,600 crore fresh issue and a ₹6,000 crore offer for sale as it expands solar module and cell manufacturing capacity in India

Stock Market Close: Sensex ends 183 pts, Nifty settles at 24,208; Nifty IT declines over 1%

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap was down 0.1 per cent and the Nifty SmallCap rose 0.81 per cent

Stock Market Close: Sensex gains 287 pts, Nifty settles at 24,335; healthcare, pharma shares rise

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap was up 0.54 per cent and the Nifty SmallCap fell 0.1 per cent