The company seeks to raise up to ₹2,000 crore from the public issue, which comprises both a fresh issue as well as an offer for sale of equity shares
The portion booked for retail investors was subscribed 1.2 times and the non-institutional investors (NII) portion was subscribed 0.86 times
Desco Infratech shares listed at ₹160 per share on the BSE SME, up over 6 per cent from the issue price of ₹150 per share
The proposed public offering would comprise a fresh issue of equity shares with a face value of ₹2, aggregating up to ₹900 crore
Once the allotment is finalised, investors can check their status on the official websites of the BSE and Skyline Financial Services, the registrar for the IPO
Companies increasingly prefer to make India their base, driven by strong liquidity, a booming digital economy and global investor interest in the country
Sensex Today | Stock Market Highlights on Friday, March 28, 2025: The Nifty Midcap100 and Nifty Smallcap100 indices closed with losses of 0.32 per cent and 0.15 per cent, respectively
Ardee Engineering Ltd has filed preliminary papers with capital markets regulator Sebi for an initial public offering (IPO) to raise Rs 580 crore. The IPO of the Hyderabad-headquartered company consists of a fresh issue of equity shares worth Rs 500 crore and an Offer-for-Sale (OFS) of Rs 80 crore by the promoter Chandra Sekhar Moturu, according to the draft red herring prospectus (DRHP) filed on Thursday. The company may consider raising Rs 100 crore in a Pre-IPO placement round. If such a placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the tune of Rs 279.6 crore will be used for setting up two new manufacturing facilities at Seetharampur, Telangana; Rs 44.8 crore for establishing a new integrated manufacturing facility at Parawada, Andhra Pradesh; Rs 65 crore for payment of debt and rest for general corporate purposes. Ardee Engineering is an integrated design, engineering and manufacturing company having three primary business line
Identixweb IPO comprises a fresh issue of 3.08 million equity shares worth ₹16.63 crore.
The SME IPO, valued at ₹63.76 crore, comprises a fresh issue of 4.32 million equity shares, and an offer for sale (OFS with promoter Sandeep Gangabishan Bajoria divesting up to 1.08 million equity sh
Rapid Fleet Management IPO was a book-built issue of ₹43.87 crore, comprising a fresh issue of 2.28 million equity shares. The price band was set in the range of ₹183 to ₹192 per share.
Infonative Solutions has set the price band in the range of ₹75 to ₹79 per equity share.
Here are the key details of Spinaroo Commercial IPO, taken from the Red Herring Prospectus (RHP)
In the previous session, the Sensex dropped 728.69 points (0.93 per cent) to close at 77,288.50, while the Nifty50 ended 181.8 points (0.77 per cent) lower at 23,486.85
For investors who missed the initial IPO frenzy, the market correction is an opportunity to selectively invest in promising names, but patience and careful evaluation remain the key.
Analysts attribute this success in the primary markets to the remarkable performance of secondary markets for most part of FY25
ATC Energies IPO IPO comprises a fresh issuance of 4.42 million shares worth ₹51.02 crore and an offer for sale (OFS) of 1.08 million shares amounting to ₹12.74 crore
The company aims to raise ₹15.50 crore through the public issue by offering an entirely fresh issue of 6.19 million equity shares
Grand Continent Hotels IPO was a book-built issue of Rs 74.46 crore, comprising a fresh issue of 6.2 million shares worth ₹70.74 crore and an OFS of 0.32 million shares amounting to ₹3.72 crore
The positive sentiments were reflected in the grey markets too, where the unlisted shares of Shri Ahimsa Naturals were trading at a decent premium