Page 83 - Ipos

Citichem India IPO allotment today; check status, GMP, and listing schedule

Once the allotment of Citichem India IPO shares is finalised, investors who applied for the public offering can check the allotment status on the official websites of BSE, and Kfin Technologies

Indo Farm Equipment IPO Day 2: Subscription rises 17x, GMP zooms 44%

Indo Farm Equipment IPO has received an enthusiastic response from investors, being oversubscribed by 17.70 times on the first day of subscription

Drugmaker Anthem Biosciences files draft papers for $397 million IPO

The Indian IPO market has been bustling this year, with over 300 companies having raised $17.5 billion as of mid-December, more than double the amount raised last year

Ajay Poly files preliminary papers with Sebi to mop up funds via IPO

Refrigeration sealing solutions firm Ajay Poly has filed its draft red herring prospectus with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial public offer is a mix of fresh issue of shares of up to Rs 238 crore and an offer-for-sale (OFS) of up to 93 lakh equity shares each by the promoters, as per the draft red herring prospectus (DRHP) filed on December 28. Under the OFS, 37 lakh shares will be sold by promoter Bina Jain, while Rajeev Jain and Nitin Jain will offload 28 lakh shares each. The company may consider a pre-IPO placement of shares worth up to Rs 47.6 crore. If the pre-IPO placement is completed, then the size of the fresh issue will be reduced. The proceeds from the fresh issue will be utilised by the company to the extent of Rs 119 crore for debt payment, Rs 64.97 crore for funding capital expenditure requirements towards the purchase of equipment, plant, and machinery at Noida Unit, Karegaon, Shirwal, Chennai Unit,

Ahead of IPO, Indo Farm Equipment collects Rs 78 cr from anchor investors

Indo Farm Equipment on Monday said it has mobilised a little over Rs 78 crore from anchor investors, a day before its initial share sale opening for public subscription. Negen Undiscovered Value Fund, Niveshaay Hedgehogs, Rajasthan Global Securities, Subham Capital, India Equity Fund I, Saint Capital Fund and Vikasa India EIF I Fund - Share Class P, among others, were anchor investors, according to a circular uploaded on BSE's website. According to a circular, Indo Farm Equipment has allotted 36.30 lakh shares to 11 entities at Rs 215 per equity share, which is also the upper end of the price band. This aggregates the transaction size to Rs 78.04 crore. The issue, with a price band of Rs 204-215 per share for its initial share sale, will open for public subscription on December 31 and conclude on January 2. The Rs 260-crore initial public offering (IPO) comprises a fresh issue of 86 lakh equity shares and an offer for sale (OFS) of 35 lakh equity shares by promoter Ranbir Singh ..

Gem Aromatics files draft papers with Sebi to mobilise funds via IPO

Mumbai-based Gem Aromatics, a manufacturer of specialty ingredients, has filled its draft papers with Sebi to raise funds through an initial public offer. The initial public offering (IPO) is a mix of fresh issue of equity shares worth up to Rs 175 crore and an offer for sale (OFS) of up to 89.24 lakh shares each by the promoter and an investor, according to the draft red herring prospectus (DRHP) filed on December 28. Among promoters, Vipul Parekh will offload 33.96 lakh equity shares, Kaksha Vipul Parekh up to 16.26 lakh shares and Yash Vipul Parekh will sell up to 16.70 lakh shares. Investor doTERRA Enterprises, Srl will divest up to 22.31 lakh equity shares in the company through the OFS. The company may consider a pre-IPO placement aggregating up to Rs 35 crore. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corporate purposes. Gem Aromatics Ltd has established itself as a leading manufacturer of specialty ingredients in India, ...

Schloss Bangalore, Ather Energy, 4 others get Sebi's nod to float IPO

Sebi has cleared proposals of six companies, including Leela Palace parent firm Schloss Bangalore, EV player Ather Energy and Oswal Pumps, to launch their initial public offerings. The six companies filed their draft IPO papers with Sebi from September 10 to 23 and obtained the regulator's observations on December 23-27, an update with the markets regulator showed on Monday. The companies are Ivalue Infosolutions Ltd, Ather Energy, Oswal Pumps, Quality Power Electrical Equipments, Fabtech Technologies and Schloss Bangalore Ltd. In Sebi's parlance, obtaining observations means its go-ahead to float public issues. The Rs 5,000-crore proposed IPO of Schloss Bangalore Ltd, which operates Leela Palaces Hotels & Resorts, is a combination of a fresh issue of equity shares worth Rs 3,000 crore and an offer for sale (OFS) of stocks valued at Rs 2,000 crore by promoter Project Ballet Bangalore Holdings (DIFC) Pvt Ltd. This could be the country's largest IPO in the hospitality ...

Upcoming IPO: Gem Aromatics files draft papers with market regulator

Gem Aromatics IPO comprises a fresh issue of shares worth up to Rs 175 crore, and an offer for sale (OFS) of up to 89,24,274 equity shares, with a face value of Rs 2 apiece

Fujiyama Power files preliminary papers with Sebi to raise funds via IPO

Greater-Noida-based Fujiyama Power Systems has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is a combination of a fresh issue of equity shares worth up to Rs 700 crore and an offer-for-sale (OFS) of up to 2 crore shares by promoters, according to Draft Red Herring Prospectus (DRHP) filed on December 28. Under the OFS, one crore equity shares each will be offloaded by Pawan Kumar Garg and Yogesh Dua. The company may consider raising Rs 140 crore through a pre-IPO placement. If such placement is completed, the fresh issue size will be reduced. The net proceeds from the fresh issue are proposed to be utilised by the company towards financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, repayment of debt, and general corporate purposes. Fujiyama Power Systems is a manufacturer of products and solution provider in the roof-top solar industry, including on-grid, off-grid an

Upcoming IPO: Refrigeration sealing solutions provider Ajay Poly files DRHP

The IPO will include a fresh issue of shares worth Rs 238 crore and an offer for sale (OFS) of up to 9.3 million equity shares by promoters

Anya Polytech IPO closes today; Subscription rises 47x, GMP zooms 28%

Unlisted shares of Anya Polytech were quoted at Rs 18 per share, reflecting a grey market premium (GMP) of Rs 4 or 28.57 per cent against the upper end of the IPO price of Rs 14

Markets Today: Wall St. in red; FIIs; Ventive, Senores Pharma, Carraro IPOs

Early signs hinted at a flat start, with GIFT Nifty Futures trading about 9 points higher at 24,001 level at 6:35 AM

2024's IPOs explode with 31% Day 1 pop: Fireworks or false start?

This year's gains might have been higher if not for the lacklustre debut performances of several large IPOs

Edu loan provider Credila Financial Services files IPO papers with Sebi

Education loans-focused lender Credila Financial Services Ltd, formerly known as HDFC Credila Financial Services Ltd, has filed papers with markets regulator Sebi for an initial public offering (IPO) through a confidential pre-filing route. The confidential pre-filing route allows the company to withhold public disclosure of details under the draft red herring prospectus (DRHP). In a public announcement on Friday, Credila said it has "filed pre-draft red herring prospectus with the Sebi and stock exchanges ... in relation to the proposed initial public offering of its equity shares on the main board". This development follows a significant change in the company's ownership during the financial year ended March 31, 2024. A private equity consortium of EQT and ChrysCapital acquired a 90.01 per cent stake in Credila for Rs 9,060 crore, including a fresh equity infusion of Rs 2,003.61 crore. Of this, Rs 700 crore was infused in June 2023 by the erstwhile HDFC Ltd, while the remaining R

IPO Calendar: 9 public offerings to keep investors busy next week

From opening to allotment and listing, here is the complete list of IPO activities set to keep the D-Street investors busy next week

Will India's IPO market scale new heights in 2025? Experts predict this

Market analysts anticipate the strong momentum to continue in 2025, offering ample opportunities to investors to dive across diverse sectors and industries

Concord Enviro share list at 19% premium on BSE; misses IPO GMP trend

Concord Enviro IPO listing underperformed the grey market expectations. Ahead of the listing, Concord Enviro IPO shares were trading at Rs 839 apiece, reflecting a GMP of Rs 138, or 19.7%

Mamata Machinery IPO listing brings hefty gain; shares list at 147% premium

Mamata Machinery shares listed at Rs 600 apiece on the NSE BSE alike today, translating into listing gains of more than145 per cent and outperforming grey market expectations

Unimech Aerospace IPO allotment today: Check status, GMP, listing schedule

Once the Unimech Aerospace IPO share allotment is finalised, investors can check their allotment status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue

Market Today: Nifty today; Unimech IPO allotment; Mamata, Sanathan listing

Stock Market Today, Dec 27: Concord Enviro Systems IPO, Sanathan Textiles IPO, Mamata Machinery IPO, DAM Capital Advisors IPO, and Transrail Lighting IPO will list on the NSE and BSE today