The basis of allotment of Ajax Engineering IPO shares is likely to be finalised today. Here's how investors who have bid for the public offering can check the allotment status online
The public offering is available at a price band of Rs 151-159 per share, with a lot size of 800 shares. Investors can bid for a minimum of 800 shares and in multiples thereof
Once the allotment is finalised, investors can check the status on the official websites of NSE and Bigshare Services, the registrar for the issue
Ajax Engineering IPO has seen moderate investor participation, with QIBs subscribing to 33 per cent, NIIs bidding for 68 per cent, and RIIs taking up 56 per cent of their allocated shares
The PE sector is expecting a higher number of deals this year, especially in financial services, IT and healthcare sectors
Hexaware Technologies IPO opens today: Check price band, lot size, GMP, reviews, allotment date, listing date, and other details
The fertility firm files draft papers via the confidential filing route
India's market remains distinct from its global counterparts, Mehta added
Midwest, one of the largest producers of Black Galaxy Granite, has received Sebi's clearance to raise funds through an initial public offering, an update with the capital markets regulator showed on Tuesday. The proposed Initial Public Offering (IPO) of Hyderabad-based Midwest is a mix of fresh issue of shares up to Rs 250 crore and an Offer For Sale (OFS) of up to Rs 400 crore by promoters. The offer also includes reservation for subscription by eligible employees, according to the Draft Red Herring Prospectus (DRHP). The OFS consists of sale of shares worth up to Rs 360 crore by Kollareddy Rama Raghava Reddy and up to Rs 40 crore by Guntaka Ravindra Reddy. Besides, the company may consider raising Rs 50 crore in a 'pre-IPO' placement round. If such placement is completed, the fresh issue size will be reduced. As per the update, Midwest Ltd, which filed preliminary IPO papers with Sebi in October last year, obtained its observation letter on February 4, 2025. In Sebi's parlance,
Several high-quality startup firms are likely to go public in 2025 despite global challenges, and the funding environment is also likely to improve this year, according to a report by venture debt firm InnoVen Capital. It also said that 47 per cent of startup founders out of 100 who participated in the survey expect the pace of hiring to increase this year. "Of those who attempted to raise in 2024, 63 per cent had a favourable experience. 79 per cent of founders are optimistic that the funding environment will improve in 2025," the India Startup Outlook Report said. Ashish Sharma, Managing Partner at InnoVen Capital India, said the report will provide useful insights to all stakeholders that have a keen interest in the venture ecosystem. "While the macro is challenging, we expect several high-quality companies to go public in 2025," he added. Further, the report said startup founders continue to look at domestic IPO as the likely mode of exit, with 73 per cent of founders choosing
The public offering comprises a fresh issue of equity shares of up to Rs 300 crore, with an offer-for-sale (OFS) of up to Rs 445 crore by the promoter and investor selling shareholders
Eleganz Interiors IPO, which comprises an entirely fresh issue of 6 million equity shares, is available at a price band of Rs 123 - Rs 130 per share, with a lot size of 1,000 shares
Ajax Engineering has garnered favorable reviews from brokerages, including KR Choksey, Reliance Securities, and BP Equities, for its public offering
Once the basis of allotment of Solarium Green Energy IPO shares is finalised, investors can check the status on the official websites of BSE or Link Intime India, the registrar for the issue
At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses
Shares of Carraro India hit a new low of Rs 352.85 as they slipped 19 per cent on the BSE in Monday's intra-day trade, extending its Friday's decline after the firm reported disappointing Q3 earnings.
The Solarium Green Energy IPO consists of a fresh issue of 54,99,600 equity shares, and is available at a price band of Rs 181-190 per share, with a minimum lot size of 600 equity shares
Ajax Engineering IPO: Check price band, lot size, GMP, allotment date, listing date, brokerages' reviews, and other key details
From opening to allotment to listing, here is the complete list of IPOs that will keep primary market investors busy next week
Ken Enterprises IPO consists of a fresh issue of 6,199,200 equity shares and an offer for sale of 2,700,000 equity shares