Page 70 - Ipos

Back with a bang! Hexaware Technologies returns as India's largest IT IPO

The public offering of Hexaware Technologies will also become the largest IPO by an Indian IT services company, surpassing the previous record held by TCS, which raised Rs 4,713 crore in its 2004 IPO

Chamunda Electricals IPO allotment today; check status, GMP, listing date

Once the allotment is finalised, investors can check the status on the official websites of NSE or Kfin Technologies, the registrar for the issue

Companies trim IPO sizes to ride market roller coaster, say experts

Slowing corporate earnings, FPI outflows behind valuation reassessment, say experts

Shringar House of Mangalsutra files papers with Sebi to raise funds via IPO

Jewellery brand Shringar House of Mangalsutra Ltd has filed draft papers with capital markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The Mumbai-based company's IPO is entirely a fresh issue of 2.43 crore equity shares with no Offer For Sale (OFS) component. It includes a reservation for a subscription by eligible employees and a discount is being offered to such employees, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday. Proceeds from the fresh issue to the tune of Rs 250 crore will be utilised for supporting working capital requirements of the company; and for general corporate purposes. Incorporated in 2009, Shringar House of Mangalsutra is engaged in designing, manufacturing, and marketing a diverse range of Mangalsutras adorned with various stones such as American diamonds, cubic zirconia, pearls, mother of pearl, and semi-precious stones, crafted in 18k and 22k gold. The company primarily serves its Business-to-Business

PS Raj Steels sets price band at Rs 132-140 for IPO to open on Feb 12

P S Raj Steels on Thursday said it has fixed a price band of Rs 132-140 per share for its initial public offering (IPO) which will hit the capital markets on February 12. The Rs 28-crore public issue will conclude on February 14. The shares of the company will be listed on the NSE's SME platform Emerge, the steel maker said in a statement. The IPO is entirely a fresh issue of up to 20.20 lakh equity shares with a face value of Rs 10 each. At the upper end of the price band, the company will mobilise about Rs 28.28 crore from the public issue. Investors can bid for a minimum of 1,000 shares and in multiples thereof, it added. According to the red herring prospectus (RHP), PSSR intends to utilise Rs 26.50 crore of the total IPO proceeds towards working capital requirements and the remaining funds will be used for issue-related expenses. Hisar-headquartered P S Raj Steels Ltd (PSSR) is one of the leading manufacturers and suppliers of stainless-steel pipes and tubes in India, offering

Solarium Green IPO off to decent start; subscription rises 24%, GMP up 8%

Solarium Green Energy IPO will remain available for public subscription till February 10, 2025. Check price band, lot size, subscription status, GMP, allotment, listing date and more

Chamunda Electricals IPO closes today; subscription soars 56x, GMP at 30%

Available at a price band of Rs 47-50 per share, with a minimum lot size of 3,000 shares, the Rs 14.60 crore SME offering has witnessed strong investor demand

Space systems maker Karman Holdings seeks up to $2.6 bn valuation in US IPO

The company and selling shareholders aim to raise up to $421 million by offering approximately 21 million shares priced between $18 and $20 each

Chamunda Electricals IPO Day 2; check subscription data, GMP, other details

Rs 14.60 crore SME IPO, launched on Tuesday, February 4, is priced between Rs 47-50 per share, with a minimum lot size of 3,000 shares

Hope 50% of our portfolio firms go public in 5 years: GSV Ventures CEO

He talks of India's edtech sector and the impact of artificial intelligence

Solarium Energy sets price band of Rs 181-191 for IPO to open on Feb 6

Solarium Green Energy on Tuesday said it has set the price band at Rs 181-191 per share for its Rs 105 crore initial share sale, which will hit capital markets for public subscription on February 6. The public issue will close on February 10 and the shares of the firm will be listed on BSE's SME platform. Investors can bid for a minimum of 600 shares and in multiples thereof, the company said in a statement. The initial public offering (IPO) is entirely a fresh issue of 55 lakh equity shares. At the upper end of the price band, the company will fetch up to Rs 105.04 crore from the IPO. The net proceeds from the IPO are to meet working capital requirements and to address general corporate purposes. "The funds raised through this IPO will enhance our working capital, ensuring seamless project execution and positioning Solarium to capitalise on emerging opportunities in the renewable sector," Ankit Garg, Chairman & Managing Director of Solarium Green Energy, said. Solarium Green ...

Chamunda Electricals IPO takes off; subscription soars 10x, GMP hits 22%

Chamunda Electricals unlisted shares were trading at around Rs 61 apiece, indicating a grey market premium (GMP) of Rs 11 or 22 per cent over the upper end of the IPO price band

SMPP, Brigade Hotel among 8 companies to get Sebi nod to float IPOs

As many as eight firms including defence equipment manufacturer SMPP, Brigade Hotel and PVC blend-based building material maker Kumar Arch Tech have received Sebi's go ahead to raise over Rs 6,500 crore through initial public offerings (IPOs). Other companies that have received Sebi's approval include Solarworld Energy Solutions, Indogulf Cropsciences, Globe Civil Projects, and Prostarm Info Systems, an update with the markets regulator showed on Tuesday. Together, these firms aim to raise more than Rs 6,500 crore. Sebi received preliminary IPO documents from these firms between October and November, and issued its observations during January 28-31, the update showed. In Sebi's parlance, obtaining the observations means its go ahead to float the public issue. Meanwhile, auto component maker Viney Corporation withdrew its draft IPO papers on January 27 without giving a reason. The preliminary documents were filed in October. As for SMPP Ltd, its Rs 4,000-crore IPO includes a fresh

Upcoming IPO: Indogulf Cropsciences secures green light from Sebi; details

Indogulf Cropsciences IPO comprises a fresh issue of up to Rs 200 crore, and an offer for sale (OFS) with shareholders divesting up to 38,54,840 equity shares of face value Rs 10 apiece

This recently listed rail-related IPO surges 18%; up 119% from issue price

Shares of Quadrant Future Tek hit a new high of Rs 634, surging 18% on the BSE in Tuesday's intra-day trade amid heavy volumes.

IPO-bound logistics unicorn Shiprocket may double down on acquisitions

The Gurugram-headquartered company, which is eyeing an initial public offering (IPO) and is in the planning stages, recently converted to a public company

Dr Agarwal's Health Care IPO allotment; check status, GMP, listing date

Once the Dr Agarwal's Health Care IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue

Markets Today: GIFT Nifty; Trump tariffs; Nikkei; Mfg PMI; Budget 2025; RBI

At 6:50 AM, GIFT Nifty futures were trading 173 points lower at 23,382, indicating a potential gap-down start for the markets

Street Signs: FPIs pare short positions, IPO Street waiting for a boost

US-based Whirlpool Corporation's plan to sell a 31 per cent stake in its domestic unit, Whirlpool of India, triggered a sharp selloff

Workspace operator WeWork India Management files draft IPO papers with Sebi

The Embassy Group-promoted firm's IPO is entirely an Offer for Sale (OFS) of equity shares of up to 4.37 crore equity shares, according to the draft red herring prospectus (DRHP) filed on Friday