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After keeping interest rates unchanged last week, the US Fed signaled its intention to begin reducing interest rates next year.

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Also Read: Inox India IPO LIVE subscription status: Issue subscribed 15.75 times so far on day 3; GMP drops Let us check Sahara Maritime IPO subscription status, latest GMP and key things to know: Sahara Maritime IPO opened for public subscription on Monday, December 18, and will close on Wednesday, December 20. The IPO allotment is expected to be finalized on December 21, while Sahara Maritime IPO will list on BSE SME with a tentative listing date fixed on December 26. Sahara Maritime IPO price band has been fixed at ₹81 per share.

Suraj Estate Developers was subscribed 30% so far on Monday, the first day of the bidding process. The issue closes on Wednesday. While the retail portion was subscribed 55%, the NII category was booked 11%.

Innova Captab on Monday fixed a price band of Rs 426-448 per share for its Rs 570-crore initial public offering (IPO). The issue will open on December 21, and conclude on December 26, the company said. The maiden public issue comprises a fresh issue of equity shares worth up to Rs 320 crore and an offer-for-sale (OFS) of up to 55.80 lakh equity shares by promoters and selling shareholders.

Suraj Estate IPO day 1 LIVE: The initial public offering (IPO) of Suraj Estate Developers Limited has opened today (Monday, December 18) and it will remain open till 20th December 2023 i.e. till Wednesday this week. This means, Suraj Estate IPO date of subscription will remain open from Monday to Wednesday this week.

₹36.3 crore from anchor investors on December 15, just a day prior to the commencement of the public offering. The anchor book saw participation from only two investors. The company has confirmed the allocation of 6.6 million equity shares to anchor investors at a price of ₹55 per share.

At 10.57 am, the public issue was subscribed 2.34 times. The retail category was subscribed 3.60 times, while the NII portion garnered 1.92 times bids. There have been no bids from qualified institutional buyers so far. The issue, which is completely fresh equity of 2.74 crore shares, has created a strong buzz in the grey market as the company's shares are trading at over 180% premium compared to the offer price. «Considering Motisons' strong brand, proven track record, and growth plans, alongside the current market sentiment, we recommend applying for this IPO with cautious optimism,» said Swastika Investmart. The company mobilised Rs 36.3 crore from anchor investors, a day before the opening of the issue. Only two investors participated in the anchor book.

BSE and NSE. The India Shelter IPO registrar is Kfin Technologies Ltd. The initial public offering (IPO) of India Shelter Finance opened for subscription on December 13 and closed on December 15.

₹36.3 crore from anchor investors on Friday, December 15. Motisons Jewellers IPO price band has been set in the range of ₹52 to ₹55 per equity share of the face value of ₹10.

Motisons Jewellers launched its Rs 151 crore IPO on Monday. The company has mobilised Rs 36.3 crore from anchor investors, a day before the issue's opening. Only two investors participated in the anchor book. The issue, which is completely fresh equity of 2.74 crore shares, has created a strong buzz in the grey market as the company's shares are trading at over 100% premium compared to the offer price. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors, and the remaining 15% for non-institutional investors. Motisons Jewellery is a hyperlocal jewellery retail chain in Jaipur with four showrooms (inclusive of one flagship showroom). The company primarily sources finished jewellery from third-party suppliers across India and its business involves sale of jewellery made of gold, diamond, kundan etc., The product portfolio comprises over 300,000 jewellery designs, including a wide range of gold, diamond and other jewellery items across different price points.

INOX India IPO: The initial public offering (IPO) of INOX India Limited opened for subscription on 14th December 2023 and it will remain open till 18th December 2023. This means, investors have just one day in hand to apply for the IPO as bidding for the public issue will end today evening. The cryogenic equipment maker and supplier company has fixed INOX India IPO price band at ₹627 to ₹660 per equity share.

Motisons Jewellers IPO: The initial public offering (IPO) of Motisons Jewellers Limited has opened today and it will remain open till 20th December 2023 i.e. till Wednesday this week. This means, Motisons Jewellers IPO date of subscription will remain open from Monday to Wednesday this week.

Muthoot Microfin IPO: The initial public offering (IPO) of Muthoot Microfin Limited has opened today and it will remain open till 20th December 2023 i.e. till Wednesday this week. This means, Muthoot Microfin IPO date of subscription will remain open from Monday to Wednesday this week.

Happy Forgings, a maker of forged and machined components used in trucks, is planning to raise ₹1,008 crore through an initial public offering at a valuation of ₹8,000 crore. This comprises new shares worth ₹400 crore, with the proceeds to be used for capacity expansion and repayment of debt, and ₹608 crore of shares offered by the promoter and a private equity investor. After the IPO, the promoter's holding will drop to 78% from 88%. The share of machined parts — a segment that enjoys higher realisation in forging — in the company's total volume has been consistently increasing and it has been able to source raw materials at a lower rate.

Retirement planning has taken a major hit this year in India as the percentage of savings towards retirement has shrunk from 45% in 2022 to 38% in 2023, according to a recent annual survey report by Bankbazaar.

₹426 to ₹448 per share. The issue will open for subscription on December 21 and will conclude on December 26. At the higher limit of the price range, the company has a valuation that is equivalent to 34 times its earnings for the financial year 2022-23 (April-March).

IPO) of Suraj Estate Developers will open for subscription on December 18. The issue closes on December 20.

₹4,600 crore, an increase from the ₹4,000 crore raised in the previous week. “A key reason for the strong interest in IPOs has been an increased focus on profitability and reasonable pricing of deals, at least relative to prevailing higher valuation multiple in listed peers. Next week looks promising, more than half a dozen companies will hit the market with their IPOs.

Muthoot Microfin has raised Rs 285 crore by selling part stake to anchor investors in the pre-IPO placement. The company has allocated 97,93,812 shares to 26 anchor investors. These include foreign portfolio investors like Morgan Stanley, Societe Generale, Copthall Mauritius Investment.

IPO) of Muthoot Microfin will open for subscription on December 18. The issue closes on December 20.