IPO Financial News

₹270 to ₹288 per equity share of the face value of ₹5. The RK Swamy IPO date of subscription is scheduled for Monday, March 4, and will close on Wednesday, March 6.

₹825.97 crore from anchor investors on Tuesday, February 27. The company notified the exchanges that it allocated 8,25,97,350 equity shares at ₹100 apiece.

Sadhav Shipping will be finalised later today. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. Investors can check the status of Sadhav Shipping IPO allotment by logging in to the official website of the registrar, which is Maashitla Securities in this case.

Bharat Highways Invit has opened for subscription today. The company plans to raise about Rs 2,500 crore by offering its units in the public offer. The net proceeds from the issue will be utilised for providing loans to the project SPVs for repayment of loans and for other general corporate purposes.

BSE notice regarding Juniper Hotels IPO also says that Juniper Hotels shares listing will happen today on BSE and NSE. “Trading Members of the Exchange are hereby informed that effective from Wednesday, February 28, 2024, the equity shares of Juniper Hotels Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities," said a BSE notice. Ahead of the Juniper Hotels share listing, the grey market continues to remain neutral on the public issue.

₹2,500-crore IPO to open on Feb 28 OIL to announces global partner roadshow in Abu Dhabi Feb 28 Goa ST quota: Note to be placed before Union cabinet Feb 28 Gyanvapi suit: Hearing set on Feb 28, court considers new parties WB: Mamata to visit Jhargram on Feb 28 INSAT-3DS is set to be at its ‘In Orbit Testing’ location by Feb 28 Telangana: Semi-Finals of Pro Kabaddi League Feb 28 Vivo V30 Pro With 50-Megapixel Primary Camera Set to Launch Feb 28 Birth Anniversary: Morarji Ranchhodji Desai Death Anniversary: Kamala Kaul Nehru, Rajendra Prasad National Science Day to honour the discovery of the 'Raman Effect' (India) Bill Gates to visit Odisha on Feb 28Milestone Alert! Livemint tops charts as the fastest growing news website in the world

₹825.97 crore from anchor investors ahead of its initial public offering that opens for subscription on Wednesday, February 28, 2024. The company informed the bourses that it allocated 8,25,97,350 shares at ₹100 per share to 37 anchor investors. Some of the institutions who participated in the anchor book were ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Quant Mutual Fund, HDFC Life Insurance, Nippon India Mutual Fund, Axis Mutual Fund, Aditya Birla Mutual Fund, UTI Mutual Fund, Max Life Insurance, Baroda BNP Mutual Fund, Reliance General Insurance and DSP Mutual Fund amongst others.

Exicom Tele-Systems IPO: The initial public offering (IPO) of Exicom Tele-Systems has opened for subscription on Tuesday, February 27 and will close of February 29,2024. The electric vehicle (EV) charging solution company has fixed the price band at ₹135 to ₹142 per equity share for the face value of ₹10 each for the issue. Exicom Tele-Systems IPO is a book built issue of ₹429.00 crore.

₹2,500 crores from the upcoming IPO, which will close on March 1. Bharat Highways InvIT is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India, and to carry on the activities of an infrastructure investment trust as permitted under the SEBI InvIT Regulations. Also read: Bharat Highways Invit IPO: Check date, size and key other details The InvIT’s initial portfolio consists of seven road assets, all operating on a HAM basis, in the states of Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh, consisting of approximately 497.292 km of constructed and operational roads, as per the company's RHP report.

₹162 to ₹171 per equity share of face value of ₹10. Platinum Industries IPO lot size is 87 equity shares and in multiples of 87 equity shares. 1.

₹70 to ₹71 apiece of face value of ₹10 each. Purv Flexipack IPO lot size consists of 1,600 shares.

Bonus shares, stock split effect: Investing in stocks is like investing in a business. Hence, one should try and hold a stock as long as one can. This rule applies to both primary and secondary market investors.

In line with the investor demand, the company's shares trading with a premium of Rs 102 in the unlisted market.

Indian stock market today: Nova Agritech IPO listed on BSE and NSE on 31st January 2024 at a whopping premium of nearly 34 percent against Nova Agritech IPO price band of ₹39 to ₹41 per equity share. However, Nova Agritech shares didn't stop here only. Nova Agritech share price further surged after making a dream debut on Dalal Street and went on to touch a record high of ₹77.20 apiece on NSE, logging around 88 percent rise against the upper price band of ₹41 per equity share.

‘Viksit Bharat’. He sees the Indian economy rising further in leaps and bounds by making the country a 'developed nation worth $30 trillion economy by 2047. The Indian equity market has been an instrumental part of the country's economic growth.

₹429 crore from this public offer. Let us check Exicom Tele Systems IPO subscription status, GMP and other key details: Exicom Tele Systems IPO has been subscribed 1.75 times in total so far on Tuesday, the first day of the bidding process. The public issue received bids for 3.18 crore equity shares as against 1.82 crore shares on the offer, as per data available on NSE till 11:25 am.

BSE data. Platinum IPO's retail portion was subscribed 2.25 times, the NII portion was booked 1.99 times, and Qualified Institutional Buyers (QIBs) portion is yet to be booked.

Exicom Tele Systems IPO: The initial public offering (IPO) of Exicom Tele-Systems Limited has hit the Indian primary market today. The public issue will remain open till 29th February 2024. This means the initial issue will remain open from Tuesday to Thursday this week.

GPT Healthcare IPO allotment: After receiving a decent response from investors during the bidding period from February 22 to February 26, attention now turns to the allotment of GPT Healthcare. The allotment for the GPT Healthcare IPO is likely to be finalised today. Investors can check their allotment status on the registrar, Link Intime India Private Limited and the BSE website.

multibagger superstars of last year are still holding their heads high and giving some of their largecap peers a run for money. Atleast seven smallcap stocks, which have seen a multifold rise in the value in 2023, extended gains further in 2024 and gave over 100% returns in just two months!

issue will be available for the public to bid till February 29. The IPO is a combination of a fresh equity issue worth Rs 329 crore and an offer for sale of 70.42 lakh shares. Ahead of the issue opening, the company mopped up about Rs 178 crore from anchor investors.