NSE price cap on SME IPO: The price control cap of 90 per cent shall be applicable only to the SME segment and not for Mainboard IPOs, NSE said
Nephro Care India IPO: This NSE-SME IPO was subscribed 5.5 times within hours on Day 1 of the offer period.
Divine Power Energy IPO: The manufacturer of insulated wires and strips aims to raise Rs 22.76 crore via the public offering of its shares in a price band of Rs 36-40 per share
The IPO subscription period for Durlax Top Surface begins on June 19, 2024 (today), and concludes on June 21, 2024
Falcon Technoprojects India IPO is a fixed price issue of Rs 13.69 crore. The issue is entirely a fresh issue of 14.88 lakh shares
Aimtron Electronics initial public offering (IPO) is set to open for subscription on Thursday, May 30, 2024. This is a book-built issue aiming to raise Rs 87.02 crores
On Tuesday, May 28, Ztech India secured Rs 10.61 crore from anchor investors by offering them a total of 9,64,800 shares
The IPO, which opened on Thursday, May 16, has been oversubscribed 13.57 times, indicating robust demand from investors
The company plans to utilise the net proceeds for working capital requirements and general corporate purposes
Dilip Jose, MD & CEO of Manipal Hospitals tells Sanket Koul about the hospital chain's expansion plans and whether the company is looking to go for an initial public offering (IPO)
Six IPOs, including the Bharti Hexacom IPO and Aluwind Architectural IPO, will get listed on the stock exchanges
Investors should not take long-term positions in SME IPOs unless they are familiar with the sector and the company, analyst cautions
Naman In-Store IPO consists a fresh issue of 2.85 million shares, reduced from the earlier planned issue of 3 million shares. The price band is fixed at Rs 84-89, meaning a fundraise of Rs 25.35 crore
The brand "Vishwas" enjoys a strong presence in the market, the company claims, as over the years it has developed a robust network of distributors across states like Gujarat, Rajashtan and MP
Shares of Kalyani Cast-Tech locked in upper circuit at Rs 277.30, zooming nearly 100% from its issue price of Rs 139 on the BSE.
Strong participation of family offices as well as high-net-worth individuals (HNIs), adequate market liquidity, and optimistic investor sentiment have amplified interest in small and medium enterprise (SME) IPOs, with 139 such firms garnering Rs 3,540 crore through initial share sales in 2023 so far. This was higher than 109 companies that raised Rs 1,875 crore through initial public offerings (IPOs) in the entire 2022, according to data provided by primedatabase.com. Looking ahead, the fundraising environment for SME IPOs is anticipated to remain favourable, experts said. "The primary determinants include the growth potential of specific sectors, market liquidity levels, investor sentiment, and potential regulatory changes. The robust fundraising momentum is expected to persist, buoyed by the convergence of these influential factors," Abhishek Jain, Head of Research at Arihant Capital Markets Ltd, told PTI. Going by the industry data, a total of 139 IPOs have debuted on the SME ..
SME IPO boom followed dismal performance of insurer Life Insurance Corporation of India and delivery startup Delhivery, two biggest share sales of 2022. They are down about 33% and 18%, respectively
Most of these offers are coming right now because their regulatory deadlines, to bring the IPOs, are about to lapse, cautioned analysts
What does the merger of Vistara and Air India mean for Tatas? What is RBI MPC member Ashima Goyal's take on rate hikes? Should you be wary of SME IPOs? What is lock-in period? Answers here
The first nine months of 2022 have already seen 87 SMEs make their IPOs, earning a total of Rs 1,460 crore