Brigade Hotel Ventures Ltd, owner and developer of hotels in south India, on Wednesday raised Rs 325 crore from anchor investors, a day before its initial share-sale opening for public subscription. The anchor book saw participation from investors, including SBI Mutual Fund (MF), 360 One MF, Axis MF, Motilal Oswal MF, Bandhan MF, Edelweiss MF and Nuvama MF, according to a circular uploaded on the BSE's website. As per the circular, Brigade Hotel Ventures has allotted over 3.6 crore equity shares to 17 funds at Rs 90 apiece. This aggregates the capital raising to Rs 324.72 crore. The initial public offering (IPO) is scheduled to open on Thursday and conclude on July 28. The price band has been set at Rs 85 to Rs 90 per share. At the upper end of the price band, the company is valued at over Rs 3,400 crore. Brigade Hotel Ventures' IPO is entirely a fresh issue of equity shares worth Rs 759.6 crore with no offer-for sale (OFS) component. Proceeds from the issue to the tune of Rs 468
Monarch Surveyors IPO Day 2 subscription status: The SME issue received bids for 81.7 million shares against 2.68 million shares on offer
Savy Infra IPO, which comprises entirely a fresh issue of 5.83 million equity shares worth ₹69.98 crore, is being offered at a price band of ₹120-144 per share and a lot size of 1,200 shares
Indiqube Spaces IPO opens for public subscription today: Check issue size, price band, lot size, grey market premium (GMP), reviews, allotment date, listing date and other key details here
GNG Electronics has allotted 5.82 million equity shares to 14 funds at ₹237 per share
Individually, AGS Transact Technologies has been the worst performing IPO in the last five years, with the stock trading at a mammoth 97% discount to its issue price.
Swastika Castal IPO has received bids for 52,20,000 shares, against 20,54,000 on offer, leading to a subscription of 2.54 times at 2 PM
The public issue comprises a fresh issue of 27.4 million shares aggregating to ₹650 crore, and an offer for sale (OFS) with promoters divesting up to 2.1 million shares worth ₹50 crore
Among the individual categories, retail investors have placed bids oversubscribing the category reserved for them by 2.80 times, followed by non-institutional investors (NIIs) at 1.60 times
Shares priced at ₹343, a 22% premium over March
Bridage Hotel IPO: The unlisted shares of Brigade Hotel were trading flat at ₹90 on Monday, which is the upper price band
Swastika Castal IPO: Check latest subscription status, grey market premium (GMP), allotment date, listing date, and other key details of the public issue here
Savy Infra & Logistics IPO received bids for 5.28 million equity shares compared to the issue size of 4.17 million shares
With this listing, NSDL will become India's second publicly traded depository, joining Central Depository Services (CDSL), which went public on the NSE in 2017
Spunweb Nonwoven shares opened at ₹151 on the NSE SME platform, a premium of 57 per cent from its issue price of ₹96 per share
PropShare Titania IPO comprises a fresh issue of ₹473 crore and no offer for sale component. Check price band, key dates, lot size, objective and more
Once the Monika Alcobev IPO allotment is finalised, investors can check their status on the official websites of the BSE and MUFG Intime India (erstwhile Link Intime), the registrar for the IPO
The company aims to use around ₹177 crore for long-term working capital requirements
Fundraising through initial public offerings (IPOs) rose to Rs 45,350 crore in the first half of 2025, marking a 45 per cent increase from a year ago, despite global trade headwinds, geopolitical conflicts, and macroeconomic concerns. However, the number of IPOs declined to 24 during the period under review from 36 in the January-June period of 2024, indicating a rise in the average size of public issues. Going forward, the IPO market is expected to remain cautiously optimistic in the second half of 2025, supported by robust inflows of domestic investment, positive investor sentiment, and strong growth visibility, experts said. According to data shared by merchant bankers, 24 companies mobilised Rs 45,351 crore in the January-June period of 2025, compared to Rs 31,281 crore raised by 36 firms during the same period last year. "The first half of the year saw market sentiment tempered by ongoing global trade tensions, geopolitical uncertainties, and macroeconomic challenges. Despite
AceVector, parent company of e-commerce marketplace Snapdeal, has confidentially filed draft papers with markets regulator Sebi to raise funds through an initial public offering (IPO). In a public announcement on Saturday, AceVector stated that it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges ...in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges". Apart from Snapdeal, the Gurugram-based AceVector also operates software-as-a-service (SaaS) platform Unicommerce, and consumer brand building firm Stellar Brands. Of these, Unicommerce became a publicly listed company in 2024. The company's IPO had received an overwhelming response, with the issue having been oversubscribed 168.32 times. AceVector, which is founded by Kunal Bahl and Rohit Bansal, opted for the confidential pre-filing route, which allows it to withhold public disclosure of IPO details under the draft red herring ..