Vijay Kedia-backed TechD Cybersecurity on Tuesday said it has fixed the price band at Rs 183-193 per share for nearly Rs 39-crore IPO which will open for public subscription on September 15. The initial public offering (IPO) will conclude on September 17. The bidding for anchor investors will open for a day on September 12, according to the red herring prospectus (RHP) filed on Monday. The public issue is entirely a fresh issue a little over 20.20 lakh equity shares aggregating to Rs 38.99 crore. Proceeds from the fresh issue to the tune of Rs 26.09 crore will be used towards investment in human resources, Rs 5.89 crore for capital expenditure for setting up global security operation centre at Ahmedabad and balance for general corporate purposes. "Through this IPO, we aim to accelerate our global expansion into North America, the Middle East, Africa, and Australia, while positioning Gujarat as the cybersecurity capital of India," Sunny Vaghela, Chairman and MD of TechD Cybersecurit
The public listing of Mahindra group-backed Classic Legends, the maker of iconic brands Yezdi, Jawa and BSA, is a reality, and a timeline of 12-18 months is a possibility, as it seeks to create a credible mid-market global brand, according to its MD and co-founder Anupam Thareja. The company -- which has an R&D centre for electric vehicles in the UK, supported by the government there -- is ready with its electric motorcycle, but will launch it only when the market is ready, especially in terms of charging infrastructure, he told PTI. When asked if a public listing of Classic Legends is on the distant horizon, Thareja said, "Not at all. In fact, you will be happy and surprised that we just gave stock options...We also have investors in this company. So listing is a reality, and it has nothing to do with unlocking shareholder value. It is the way this is constructed. This is a global company we are creating". Stressing that the company chose to launch the BSA brand first in the UK ..
SoftBank-backed Lenskart plans to raise Rs 2,150 crore through IPO to expand CoCo stores, tech infrastructure, and branding amid rising Asian demand for prescription eyewear
Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs
In the past two months, international chains have announced aggressive expansion plans for India. Most plan to open 100-300 hotels in the next five years, said analysts at Elara Capital
Prior to the listing, the company's shares were commanding a grey market premium (GMP) of ₹57, or 14.25 per cent, with unofficial trading quoting the stock at ₹457 apiece, according to market sources.
Jainik Power & Cables listing today: The company's stock listed at ₹82 on the NSE SME platform, down over 25 per cent from the issue price of ₹110 per share
Robust housing sales growth after the pandemic has prompted leading developers to unleash relevant inventory across markets, experts said
3B Films IPO listing: Post listing, the shares of 3B Films fell around 5 per cent to ₹46.08.
The listing price of Scoda Tubes was significantly below grey market estimates of ₹160
Despite receiving a solid response from investors, shares of NR Vandana Textile made a flat debut at ₹45, missing the GMP estimates
Aegis Vopak Terminals shares listed at ₹220 on the BSE, against the issue price of ₹235
Unified Data-Tech shares listed at ₹285 on the BSE SME platform, against the issue price of ₹273
Borana Weaves shares listed at ₹243 apiece on BSE and NSE, against the issue price of ₹216
Despite market sell-off and IPO slowdown, 85 firms filed DRHPs in 2025, highest in over a decade; experts see revival ahead as confidence returns
Greaves Electric Mobility has received Sebi's approval to launch an IPO, aiming to raise ₹1,000 crore through fresh shares and an OFS, with funds planned for tech, capacity, and expansion projects
Manoj Jewellers shares listed at ₹53.95 apiece on the BSE SME, reflecting a marginal discount of ₹0.05 or 0.09 per cent against the issue price of ₹54 per share
The wealthy investor or high net worth individual portion was subscribed 27 per cent, the retail investor portion was subscribed 1.1 times
The IPO is entirely an offer for sale (OFS) by state-owned Canara Bank and foreign partner Orix Corp (formerly Robeco Group)
AC sales in Q1FY26 could be adversely impacted as March and April sales were muted due to the delayed summer, and if demand doesn't pick up meaningfully in May and June.