IPO Financial News

Jyoti CNC Automation IPO: Allotment status of the initial public offering (IPO) of Jyoti CNC Automation Limited has been declared. Those who have applied for the public issue can check the Jyoti CNC Automation IPO allotment status online by logging in at the BSE website or the website of its official registrar.

By Julie Zhu and Anirban Sen

₹351.5 crore through its anchor book issue ahead of the upcoming IPO. The company allocated 84,08,449 equity shares to anchor investors at ₹418 per share, as per the regulatory filing.

Peter Miller doesn’t mince words when describing the dealmaking doldrums that Bay Street has slipped into over the past couple of years. But the head of global equity capital markets at BMO Capital Markets and other investment bankers are cautiously optimistic that the action is about to pick up, and anxious to talk about the reasons why.

₹143 apiece. Shree Marutinandan Tubes Ltd IPO lot size consists of 1,000 shares.

SME IPO of Australian Premium Solar India was subscribed 39 times so far on the second day of the bidding process. The issue closes on January 15. The IPO is entirely a fresh equity issue of up to 52 lakh equity shares aggregating to Rs 28.08 crore.

The London Tunnels said it expects the IPO to take place in January 2024 with a market capitalisation of £123m on admission.

Ajay Bagga, Market Expert, says “some of the NBFCs have a lot going in the rural economy where the demand has still not picked up. So, I am a little circumspect on this NBFC segment. I think margins will come down and the growth trajectory of revenues as well as profits will come into single digit this year. I think that is the anticipation.” Fundamentally, how is Shriram Finance looking? Where do you see it headed from here on now? Ajay Bagga: I do not talk about particular stocks, but I will take it to the broader NBFC sector. We are expecting revenues and margins to go down over the year. The growth trajectory to go down. Single digit growth in profits. So, the kind of run up today we are seeing in some select NBFC counters, we should be cautious about it. The cost of capital is increasing and the margins are under pressure. RBI has been putting pressure as well on certain segments of the NBFCs.

Also Read: Jyoti CNC Automation IPO oversubscribed as day 3 sees rush of retail, NIIs; GMP steady Investors can find out if and how many shares they have been given through the basis of allotment. The number of shares allotted can also be seen in the IPO allotment status.

Old Bridge. Groww and Old Bridge are launching NFOs for mutual fund investors. Groww's NFO is open from 17 to 19 January and offers Equity: Flexi Cap funds.

Circle Internet Financial, the company behind stablecoin USDC, said on Thursday that it had confidentially filed for a US initial public offering as part of plans to become a publicly-traded company. Circle did not disclose the number of shares it plans to sell or the proposed price range for its new IPO filing.

In a measure that could bring relief to promoters of startups, the Securities and Exchange Board of India (Sebi) is in favour of relaxing the rules on the minimum promoters’ contribution at the time of an initial public offering (IPO).

MUMBAI : From 11 January to 15 April, 54 companies will have their shareholder lock-ins worth $13.52 billion lifted. This is likely to lead to a series of block deals, with domestic and global institutions, as well as high-net-worth individuals, bidding for the shares. “The value pertains to the total lock-up opening shares, but it’s important to note that not all these shares will come up for sale as a sizable portion of them are held by promoter groups," said Abhilash Pagaria, head, Nuvama Alternative and Quantitative Research.

In a short statement confirming the filing, Circle says the number of shares to be offered and the price range for the proposed offering have not yet been determined. The IPO is expected to take place after the SEC completes its review process, subject to market and other conditions.In December 2022, Circle pulled the plug on a planned $9 billion Spac deal with Concord Acquisition Corp, the blank check firm run by former Barclays bigwig Bob Diamond.

Circle Internet Financial – the issuer of the world’s second-largest stablecoin, USD Coin (USDC) – has quietly filed for an initial public offering (IPO) with federal regulators.

By Elizabeth Howcroft and Hannah Lang

Jyoti CNC Automation fell sharply in the unlisted market on Thursday despite a robust response for the IPO. The issue was subscribed 12 times so far on the last day of the bidding process. The company's shares are trading with a premium of Rs 45, down from 75 the previous day.

Australian Premium Solar India opened for subscription on Thursday. The issue, which closes on January 15, is getting solid response from investors with the overall subscription at nearly 12 times within hours of opening.

Also Read: Jyoti CNC Automation IPO Day 3: GMP, subscription status, other details. Apply or not? On day 2, Jyoti CNC Automation IPO's retail investors portion was subscribed 11.08 times, NII portion was subscribed 6.49 times, and QIB portion was booked 22%.

₹211 apiece, hitting the 20% upper circuit limit. This marks the second consecutive day that the stock has reached the 20% upper circuit limit. Also Read: Senco Gold share price jumps over 15%, hits new record high on strong Q3 update The company's shares made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100.

₹62 to ₹66 apiece, as per primary market expert. New Swan Multitech IPO lot size consists of 2,000 shares.