IPO Financial News

Solar EPC company Rays Power Infra has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.

The allotment status can also be checked by visiting the official website of the registrar to the issue which is Cameo Corporate Services in this case. Step 1: Visit the IPO Allotment Status page on Cameo Corporate Services website Step 2: Select IPO from the dropdown Step 3: Put Application number and enter captcha and 'Submit'. Akanksha Power IPO allotment: Check status, GMP, listing date and other details According to market analysts, the company's shares are commanding a premium of Rs 8 as against an issue price of Rs 36. The tentative listing date is fixed as January 3. The IPO received subscription of 66 times at close.

Year Ender 2023: Top EVs that took center stage in India's 2023 auto market "The race to capture electric car markets globally is presently on. Chinese carmakers account for nearly half of global electric sales. The market is led by BYD at 18% followed by Tesla at 12%.

BSE website. Manoj Ceramic IPO registrar is Purva Sharegistry India Pvt Ltd. Applicants can find out if they have been issued shares and the number of shares allotted through the basis of allotment.

Business Standard. The billionaire promoters in 2023 swelled to a record high of 152 in 2023 as against 126 in 2022. In addition to this, a 16% uptick was also recorded in their combined net worth in 2023 at $858.3 billion.

IPOs) being played out in FY01 and then in FY06, with the in-between years being a struggle with deals drought, made all of us tout that IPOs are cyclical events and that there are windows of opportunity. However, the last few years have seen this curve becoming smoother and except for an additional surge in FY22 we are seeing a steady IPO market with about 50-60 IPOs a year. And as the deal sizes have increased from an average of Rs.

BSE SME at a premium on Tuesday. On BSE SME, AIK Pipes and Polymers share price today was listed at ₹100 per share, 12.36% higher than the issue price of ₹89.

Pine Labs, which is based in Singapore, plans to seek board approval this quarter to move its parent company to India, according to people in the know. Business-to-business (B2B) ecommerce firm Udaan is considering a similar move in view of its plans for an initial public offering (IPO) in 12-18 months, they said. The two join several other well-funded and highly valued startups that are moving their overseas holding companies to India — or ‘reverse flipping’ — ahead of listings, especially in the central bank-regulated fintech sector.

investors and early institutional shareholders in ecommerce company Meesho are in discussions with investors to divest their stake, people aware of the matter told ET. Talks are on for a transaction at a valuation of $3-3.5 billion, but this figure may change, people briefed on the matter said.

SoftBank, which of late has not been signing new startup funding deals in India and is preparing to offload stakes in IPO-bound Ola Electric and FirstCry, still holds $1.1-1.2 billion worth of shares in its listed portfolio companies here. The Japanese investor has sold stakes worth $1.8-1.9 billion during the public offerings and through post-listing sales in four Indian startups — Paytm, Zomato, PB Fintech and Delhivery — that went public in 2021 and 2022. It had invested a total of $2.3-2.4 billion in these four new-age companies.

private sector life insurer is set for a market debut after a gap of six years. IndiaFirst Life Insurance received approval for an initial public offering from the capital markets regulator Sebi in March last year and aims to float the issue by March. The company is meeting investors to gauge the market sentiment. Life insurers are becoming a hard sell after the withdrawal of several tax benefits and the poor post-listing show by the biggest player, the state-owned Life Insurance Corporation. Promoters Bank of Baroda and Union Bank of India are likely to sell a part of their holdings in the IPO. «It has received final observations from Sebi in March 2023,» said a source.

Shri Balaji Valve Components IPO allotment finalised: Latest GMP, here's how to check allotment status The IPO exclusively involves a fresh issue of up to 98,47,000 equity shares, each with a face value of ₹10, as outlined in the draft red herring prospectus (DRHP) filed on December 27. According to the draft documents, the funds raised from the offering will be allocated by the company for the expansion of its current manufacturing facility and the establishment of a new manufacturing facility in Maharashtra. Also read: Kay Cee Energy & Infra IPO: Check GMP, subscription status on day 3, other key details The generated funds will also be allocated to meet working capital needs and support general corporate objectives.

Diffusion Engineers has filed preliminary papers with the capital markets regulator Sebi to raise funds through an initial share sale. The initial public offering (IPO) is purely a fresh issue of up to 98,47,000 equity shares with a face value of Rs 10 each, according to the draft red herring prospectus (DRHP) filed on December 27.

Shri Balaji Valve Components IPO is an SME IPO which opened for subscription on December 27, 2023, and concluded on December 29, 2023. Shri Balaji Valve Components IPO allotment date is fixed on Monday, January 1, 2024. The shares will list on BSE SME, with a tentative listing date fixed on January 3.

₹10. The issue's book running lead manager is Corporate Capital Ventures, with Skyline Financial Services serving as the registrar.

₹51 to ₹54. Kay Cee Energy & Infra IPO lot size consists of 2,000 shares.

Cybersecurity firm TAC Security on Monday said the company is exploring capital raising options, including an initial public offering (IPO) in early 2024. It is also eyeing a revenue of Rs 100 crore by 2026. Beeline Capital Advisors Private Limited has been appointed the exclusive book running lead manager for the proposed IPO, the company mentioned.

BSE SME, with a tentative listing date fixed on January 3. Investors can check Manoj Ceramic IPO allotment status on the IPO registrar’s website as well as on the BSE website. Also Read: Manoj Ceramic IPO: A look at GMP, subscription status and other details Manoj Ceramic IPO registrar is Purva Sharegistry India Pvt Ltd.

₹180, which is same as the issue price. Following its debut, Sameera Agro And Infra share price slipped into the red, and was locked in 5% lower circuit.

Hero MotoCorp, TVS Motor Company and others the sales are likely to be lifted by wedding season and low channel inventory post festive season. Passenger Vehicles sales too are likely to see good growth momentum.

investors. The first shocker came when an amendment to the Budget did away with the indexation benefit that debt funds enjoyed. Capital gains from debt funds, which used to be taxed at 20% after indexation, were now to be taxed at the slab rate applicable to the individual.