Page 74 - Ipos

Sebi gives nod to JSW Cement's Rs 4,000 cr IPO after 4-month hold-up

The cement making arm of the steel-to-energy JSW group filed for an IPO worth up to Rs 4,000 crore ($461.46 million) in September, aiming to capitalise on the country's booming stock market

With IPO hopes high, AIFs inclining towards late-stage startups: Report

Of the total investments by value, 39 per cent in FY24 went into late-stage startups, compared to only 18 per cent in FY14

Fintech firm Groww eyes IPO in 2025, seeks $6-8 billion valuation

The company, which is the largest broker and also the biggest mutual fund (MF) distributor, plans to raise around $700 million (around Rs 6,000 crore)

Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO

Zepto will not require a no-objection-certificate (NOC) from the Reserve Bank of India, the order read

Quadrant Future Tek IPO listing forecast; What to expect on debut day?

The unlisted shares of Quadrant Future Tek were trading at Rs 435 apiece, indicating a grey market premium (GMP) of Rs 145 or 50 per cent over the issue price

Laxmi Dental IPO opens today: GMP zooms 38%; Should you subscribe?

Laxmi Dental IPO, which opens for public subscription today, will close on Wednesday, January 15, 2025. Check the GMP, lot size, price band, allotment, listing schedule, and other key details here

Markets Today: GIFT Nifty; Dec Inflation; HCLTech Q3; Standard Glass IPO

At 6:32 AM, GIFT Nifty futures indicate a gap-down opening for the markets, trading 160 points lower at 23,341

EMA Partners India SME IPO to open on January 17 to raise Rs 76 crore

Mumbai-based EMA Partners India on Saturday said it is looking to raise Rs 76 crore on the NSE's Emerge platform through an initial public offering, which will open for public subscription on January 17. The issue with a price band of Rs 117-124 apiece will conclude on January 21. The bidding for anchor investors will open for a day on January 16, the company said in a statement. At the upper end of the price band, the company will raise about Rs 76.01 crore. The shares of the company are proposed to be listed on the Small and Medium Enterprises (SME) platform of NSE Emerge. Investors can bid for a minimum of 1,000 shares and in multiples thereof, it added. The initial public offering (IPO) is a fresh issue of up to 53.34 lakh equity shares, aggregating up to Rs 66.14 crore and an offer for sale component of up to 7.96 lakh shares by promoters -- Krishnan Sudarshan and Subramanian Krishnaprakash, according to the red herring prospectus (RHP) filed on January 9. Shekhar Ganapathy,

$35 billion IPOs in the pipeline this year: Kotak Investment Banking

India is the second-largest market in the world when it comes to equity fundraising and it saw the highest-ever fundraising ($74 billion) in 2024

Markets Today: TCS Q3; FIIs; Quadrant Future IPO allotment; US, UK bonds

Thursday's session had already painted a grim picture, with the Sensex plunging 528.28 points (0.68 per cent) to close at 77,620.21. The Nifty shed 162.45 points (0.69 per cent) to settle at 23,526.50

Fundraising via equity, debt hit all-time high in 2024: Prime Database

Ninety-one firms raised Rs 1.6 trillion through main board IPOs in 2024, more than three times Rs 49 436 crores through 57 IPOs in 2023

Capital Infra Trust InvIT IPO receives 2.8 times subscription on last day

The initial public offer of Capital Infra Trust, an infrastructure investment trust (InvIT), received 2.80 times subscription on the final day of bidding on Thursday. The public offer received bids for 24,71,89,650 units against 8,83,83,750 units on offer, according to data available on the stock exchanges. Other investors portion got subscribed 5.08 times and the institutional investors' portion received 93 per cent subscription. Capital Infra Trust, sponsored by Gawar Construction, has garnered Rs 703 crore from anchor investors. The issue has a price band of Rs 99-100 per unit. The company's IPO is a combination of a fresh issue of units aggregating up to Rs 1,077 crore and an offer for sale (OFS) of units valued up to Rs 501 crore by the sponsor selling unitholder Gawar Construction Ltd. This takes the total size to Rs 1,578 crore. The public issue of Capital Infra Trust (formerly National Infrastructure Trust) has become the first InvIT IPO of 2025. According to its prospec

Quadrant Future Tek IPO garners 185.82 times subscription on last day

The initial public offer of Quadrant Future Tek Ltd received 185.82 times subscription on the final day of share sale on Thursday, mirroring strong investors participation. The initial share sale received bids for 1,07,77,29,300 shares against 57,99,999 shares on offer, as per NSE data. The category for non-institutional investors garnered 254.16 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 243.12 times. The portion for Qualified Institutional Buyers (QIBs) received 132.54 times subscription. The Initial Public Offering (IPO) of Quadrant Future Tek Ltd got fully subscribed within minutes of opening for share sale on Tuesday. Quadrant Future Tek on Monday said it has raised over Rs 130 crore from anchor investors. The public issue has a price band of Rs 275-290 per share. The IPO is entirely a fresh issue of up to Rs 290 crore with no offer of sale component. The net proceeds from its fresh issuance will be used to fund the long-term wo

Lenskart prepares for IPO, seeks to raise up to $1 billion from bankers

Eyewear startup Lenskart is targeting a valuation of $7-8 billion and plans to list by the end of the financial year 2026

Last Hours! Delta Autocorp IPO closes today; subscription at 128x, GMP 89%

Delta Autocorp IPO, which opened for public subscription on Tuesday, January 7, 2025, is set to conclude today, Thursday, January 9, 2025

Indobell Insulation IPO allotment today; check status, GMP, listing date

In the grey market, the unlisted shares of Indobell Insulation were quoted trading at Rs 65 apiece, reflecting a 41.3 per cent premium over the IPO price of Rs 46

Capital Infra Trust InvIT IPO Day 3; check subscription status, GMP, more

Capital Infra Trust IPO garnered bids for 2,32,77,600 equity shares against the total issue size of 8,83,83,750 shares, reflecting a subscription level of just 0.26 times

Quadrant Future Tek IPO closes today; Subscription rises 49x, GMP zooms 71%

Quadrant Future Tek IPO, which opened for public subscription on January 7, 2025, is set to close today, Thursday, January 9, 2025

Standard Glass Lining IPO allotment today; check status, GMP, listing date

Once the allotment of Standard Glass Lining IPO shares is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue

Markets Today: TCS, IREDA Q3; Fed Dec minutes; Standard Glass IPO allotment

In the previous session, the Sensex ended at 78,141.06, registering a decline of 58 points or 0.07 per cent, while the Nifty50 closed at 23,688.95, down 19 points or 0.08 per cent