While legal opinion to Tata Sons is dated Sep 16, Tata Trusts had it for over three months
Orient Cables has priced its IPO at ₹258-272 per share, AceVector at ₹30-32, and German Green Steel and Power at ₹132-139; all three issues open on September 25
Banker fees accounted for nearly half of NSE's Rs 392.12 crore offer-related expenses, while advertising and marketing emerged as the second-largest cost head
The IPO will comprise an offer for sale of up to 15 million equity shares by promoter Abakkus Expert Professionals LLP, representing a 10 per cent stake in the company
The Mumbai-based developer plans to use IPO proceeds to repay debt, invest in subsidiaries and fund acquisitions as it pursues an asset-light growth strategy
German Green Steel and Power Ltd will hit the primary market on September 25 with a Rs 304-crore initial public offering (IPO), as the iron and steel maker seeks funds to expand its manufacturing capacity and invest in renewable power. In a public announcement, the Gujarat-based company has fixed a price band of Rs 132-139 per equity share for its IPO, which is scheduled to close on September 29. The IPO comprises a fresh issue of equity shares worth up to Rs 290 crore and an Offer for Sale (OFS) of 10 lakh equity shares valued at Rs 13.9 crore. At the upper end of the price band, the issue size works out to around Rs 304 crore. The company has reduced its issue size as the earlier IPO plan comprised a fresh issue of up to Rs 450 crore and an OFS of up to 20 lakh equity shares. Proceeds from the fresh issue will be utilised for the expansion of the company's manufacturing facility at Samakhiyali, Kutch, Gujarat, and a hybrid wind and solar power plant, repayment of debt, and gener
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.08 per cent and 0.23 per cent lower, respectively
NSE's $2.3 billion IPO was subscribed 5.7 times by the end of the final day of bidding on Monday as investors bet on continued equity market growth in Asia's third-largest economy.
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.29 per cent and 0.07 per cent, respectively
INDO-MIM's share price hit a new high of ₹1,148, soaring 9 per cent on the BSE in Monday's intra-day deals on the back of a healthy business outlook.
Seven out of its 16 unlisted subsidiaries reported a net loss in FY26 led by Air India
Six mainboard companies, including Elevate Campuses and Varmora Granito, are set to tap the primary market next week, seeking to raise a combined Rs 3,825 crore through initial public offerings (IPOs), as fundraising activity continues at a brisk pace in 2026. Alongside these two issues, Bengaluru-based A-One Steels India Ltd, ArMee Infotech Ltd, Swastika Infra and Adroit Industries (India) Ltd will also launch their public offerings, taking the total number of IPOs scheduled for the week to six. The IPOs will be available for public subscription between September 22 and September 28, with most of the issues opening on September 23. The funds raised through the fresh issues will largely be utilised for business expansion, capital expenditure, debt repayment, working capital requirements and other general corporate purposes. The upcoming IPO activity follows a busy start to September, with 17 IPOs already concluded. The mega issue of the National Stock Exchange (NSE) and textile mak
The proposed IPO comprises a fresh issue of up to Rs 300 crore and an offer-for-sale by promoters and an investor, according to the draft red herring prospectus (DRHP) filed on Thursday
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 1.24 per cent and 1.74 per cent, respectively
The ₹22,560 crore IPO received bids for 38 million shares against 88.6 million on offer, with the non-institutional investor portion subscribed 72 per cent
Five of the six companies ended above their issue prices, led by Karamtara Engineering, as a record number of mainboard firms listed on the stock exchanges in a day
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.92 per cent and 0.76 per cent, respectively
Over a five- or 10-year view, if I were an Indian mutual fund investor, it makes sense to allocate half of your inflows into small- and mid-cap funds, Wood said.
Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium
Manipal Payment's share price listed at ₹330 on the NSE, down 2.6 per cent, and at ₹332 on the BSE, a discount of 2.06 per cent.