IPO Financial News

09.02 / 13:37

COST UPS IPO Trade show surges ESAF SFB stock slides over 16% even after net profit surges 200% YoY; here's why

ESAF Small Finance Bank witnessed a sharp decline of 16.35%, hitting an all-time low of ₹65.45 per share in today's trading session, marking its most significant intraday drop since its listing in November last year. Investor sentiment soured as the bank's asset quality deteriorated quarter-on-quarter in Q3. Its Gross Non-Performing Assets (GNPA) ratio rose to 4.16%, up from 2.64% in Q2FY24, although it showed improvement from 7.24% in Q3 FY23.

09.02 / 13:27

UPS IPO Manufacturing Trade performer reports Grasim Industries share price jumps 6% after robust Q3 earnings

Grasim Industries share price rose as much as 5.92 percent on Friday's trading session. Grasim stock surged to ₹2,179 per share on February 9, against previous close at ₹2,057 crore on NSE.

29.01 / 15:23

markets IPO Booking Manufacturing wellness Trade electronic Megatherm Induction IPO Day 1: Issue subscribed 11.88 times; here's GMP and other details

Baweja Studios IPO: Issue subscribed 21% so far on day 1; check GMP, other key details of SME IPO Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment. Megatherm Induction is a subsidiary of Megatherm Electronics Private Limited. The company also manufactures upstream and downstream equipment and machinery for steelworks, such as transformers, ladle refining furnaces, continuous casting machines, fume extraction systems, etc., as well as electric arc furnaces for the alloy and special steel industry.

29.01 / 09:51

IPO security WhatsApp Trade band performer Updates Baweja Studios IPO: Issue subscribed 21% so far on day 1; check GMP, other key details of SME IPO

₹25 per share. This indicates that the Baweja Studios shares were trading at a premium of 13.89% at ₹205 apiece on the GMP, as compared to its issue price of ₹180 per share. Also Read: IPO Frenzy: 16 companies hit Dalal Street in January with 6 more set to list; a look at top performers Baweja Studios IPO has been subscribed 21% so far on the first day as the issue received bids for 10.27 lakh equity shares as against 47.85 lakh shares on the offer, as per data available till 3:00 pm.

29.01 / 09:51

markets UPS IPO Digital Food Trade performer IPO Frenzy: 16 companies hit Dalal Street in January with 6 more set to list; a look at top performers

Also Read: Qualitek Labs shares make stellar debut; stock lists with 90% premium at ₹190 In terms of top performers, Kay Cee Energy & Infra stood at the top, currently trading at ₹295.95 apiece, which is 447% higher than its IPO price of ₹54. Following closely are Maxposure Australian Premium Solar (India), Shri Balaji Valve Components, and Akanksha Power and Infrastructure, all trading with gains ranging from 130% to 276% from their respective issue prices.

29.01 / 09:51

markets IPO Booking security Trade performer reports Harshdeep Hortico IPO: From subscription status to GMP, all you need to know

₹42-45 per share. The issue has witnessed robust subscription and has been fully subscribed on the first day of bidding. At 2:30 pm, the IPO was subscribed 1.23 times.

29.01 / 07:13

markets IPO FIVE Platform Trade recommendations 3:5 bonus shares, 1:10 stock split: Multibagger SME stock turns ₹1 lakh an allottee into ₹4.41 lakh in 5 years

3:5 bonus shares, 1:10 stock split: A long-term stock market investor enjoys some extra benefits over a short-term investor or a trader. While short-term investors and traders earn from the stock movement only, a long-term investor gets various rewards that a listed company announces from its capital reserves. These rewards are announced in the form of dividends, bonus shares, stock split, buyback of shares, etc.

29.01 / 04:53

IPO Booking WhatsApp band testing Stellar debut: Qualitek Labs share price opens with 90% premium at ₹190 apiece on BSE SME

₹190, which is 90% higher than the issue price of ₹100. Qualitek Labs IPO opened for subscription on Thursday, January 18 and closed on Tuesday, January 23.

29.01 / 04:53

markets IPO WhatsApp band Italian Edibles IPO announces price band at ₹68 apiece; check issue details, key dates, more

₹68 apiece. Italian Edibles IPO will open for subscription on Friday, February 02, and close on Wednesday, February 07.

29.01 / 02:01

UPS IPO Career security Align show blues How to align your career and finances

There comes a point in our lives when we truly know that we have mastered what we began doing as young beginners. This peaking of knowledge, skill and attitude is also the peak of our incomes in our professional lives. We may not see it very clearly, but years of applying ourselves to something yields great dividends and value to the human asset.

28.01 / 23:58

markets IPO Booking Manufacturing security band electronic Megatherm Induction IPO: Here's date, price band, GMP and other key details

₹53.91 crores. The issue is entirely a fresh issue of 49.92 lakh shares. Also read: IPOs next week: Six new issues, 10 listings to keep primary market busy Megatherm Induction IPO price band is set at ₹100 to ₹108 per share.

28.01 / 07:13

markets UPS IPO country stake ICICI Lombard to acquire 1.08 % stake in Karnataka Bank for ₹100 crore

Karnataka Bank for ₹100 crore. "The Board of Directors of Karnataka Bank on January 27, 2024 had approved to issue, offer and allot 37,72,730 equity shares of face value of ₹ 10/- each fully paid-up at a price of ₹ 265.06/- per equity share, amounting to an aggregate value of up to ₹ 100 crore," the company said in an exchange filing. Also read: Market cap of 7 out of top 10 most valued firms decline by ₹1.16 lakh crore; HDFC Bank biggest laggard The Board of Directors of Karnataka Bank has granted approval for the infusion of an additional equity capital of ₹700 crore.

28.01 / 07:13

markets IPO Market cap of 7 out of top 10 most valued firms decline by ₹1.16 lakh crore; HDFC Bank biggest laggard

₹1.16 lakh crore last week, with HDFC Bank emerging as the primary underperformer. In the holiday shortened week, the BSE benchmark saw a decline of 982.56 points, equivalent to 1.37 percent. Also read: IPOs next week: Six new issues, 10 listings to keep primary market busy Among the top-10 companies by market value, Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Life Insurance Corporation of India (LIC), Hindustan Unilever, ITC, and State Bank of India experienced declines, while ICICI Bank, Infosys, and Bharti Airtel emerged as gainers.

28.01 / 05:49

markets IPO Booking security Food Experts band week IPOs next week: Six new issues, 10 listings to keep primary market busy

Week Ahead: Interim Budget 2024, US Fed Policy, Q3 results, auto sales among key market triggers this week All the six new issues, which are scheduled to open for subscription next week, will together be raising over ₹500 crore via IPO. According to market experts, a surge in number of IPOs is foreseen over the next two months, with a temporary hiatus expected due to impending general elections. Presently, the Securities and Exchange Board of India (Sebi) is actively processing 25 draft offer documents submitted by diverse companies.

27.01 / 11:29

markets IPO Provident Digital Booking Trade band week BLS E-Services IPO opens next week. GMP, price, size, other details that you may like to know about upcoming IPO

BLS E-Services IPO: The initial public offering (IPO) of BLS E-Services Limited is going to hit the primary market on 30th January 2024 i.e. on Tuesday next week. The mainboard issue will remain open till 1st February 2024 i.e.

27.01 / 11:29

markets IPO Booking Trade Nova AgriTech IPO: GMP jumps ahead of allotment date. How to check allotment status online

Nova AgriTech IPO: Bidding for the initial public offering (IPO) of Nova AgriTech Ltd ended on 25th January last week. In three days of bidding, the book build was booked over 109 times. After strong Nova AgriTech IPO subscription status, applicants are eagerly waiting for the announcement of Nova AgriTech IPO allotment status.

27.01 / 08:07

markets IPO Booking EPACK Durable IPO: Latest GMP, listing date, how to check allotment status online

EPACK Durable IPO: The allotment status of the initial public offering (IPO) of EPACK Durable Limited has been declared. Those who have applied for the public issue can check the EPACK Durable IPO allotment status online by logging in at the BSE website or the official website of its registrar. KFin Technologies Limited has been appointed as the official registrar of the EPACK Durable IPO.

26.01 / 07:55

markets IPO CEO Software Warburg-backed Perfios weighing $500 million IPO

Perfios Software Solutions Pvt., an Indian technology company backed by Warburg Pincus, is considering an initial public offering that could raise about $500 million in India, according to people familiar with the matter. A potential IPO could value the Bangalore-based company at about $2 billion, the people said, asking not to be identified because the deliberations are private. Perfios is seeking to hire banks to help arrange a share sale that could take place as early as this year, the people said.

26.01 / 06:45

IPO WhatsApp Nova Agritech IPO: What latest GMP, subscription status signal ahead of Nova IPO allotment date

₹39 to ₹41 per equity share of the face value of ₹2. Nova Agritech IPO subscription status was 109.37 times, on day 3, as per BSE data.

26.01 / 05:47

IPO Provident Digital WhatsApp band country International BLS E-Services IPO: Check latest GMP, other issue details ahead of opening

₹129 to ₹135 per equity share of the face value of ₹10. BLS E-Services IPO lot size is 108 equity shares and in multiples of 108 equity shares thereafter.

25.01 / 19:13

markets UPS IPO economy CG Oncology valued at $1.75 billion in strong market debut

(Reuters) -Cancer drug developer CG Oncology notched up a valuation of $1.75 billion in its market debut on Thursday, after its shares jumped 52.6% at the open, as demand for new listings pick up after a two-year dry spell.

IPO Financial News

popular questions about IPO

What is IPO and why is it important?

Where can I find the latest updates on IPO?

How can I verify the accuracy of information on IPO?