IPO Financial News

19.12 / 16:54

IPO Digital Strategy Retail investors in top gear at IPOs, drive oversubscriptions

MUMBAI : Companies listing their shares on the stock markets are basking in the frenzied attention of individual investors, a trend expected to continue into next year and make up for the relatively tepid enthusiasm of institutional investors. The initial public offerings of Happy Forgings, RBZ Jewellers, and Credo Brands Marketing were oversubscribed on Day 1 on Tuesday, while those of Muthoot Microfin, Suraj Estate Developers and Motisons Jewellers continued to attract strong retail interest on their second day.

19.12 / 16:51

IPO Remark Shree OSFM E-Mobility IPO allotment out; here’s how to check your status

₹65 per share, amounting to a total of ₹24.60 crores. Remarkably, retail investors were obligated to commit a minimum of ₹130,000, with a lot size set at 2000 shares.

19.12 / 16:47

IPO Manufacturing Allianz Azad Engineering raises ₹221 crore from anchor investors ahead of IPO

₹220.8 crore by selling shares to anchor investors on December 19, a day prior to the IPO launch. Prominent investors, including Abu Dhabi Investment Authority, Nippon Funds, ICICI Prudential Mutual Fund, Kotak Mahindra Trustee, Tata MF, Eastspring Investments, Bandhan MF, HDFC Life Insurance, Bajaj Allianz Life Insurance, and Max Life Insurance, expressed keen interest in the company.

19.12 / 13:36

IPO Platform band reports Suraj Estate IPO day 2 subscription status: Issue subscribed 2.42 times so far; retail portion subscribed 3.9 times

Suraj Estate IPO : The initial public offering (IPO) of Suraj Estate Developers Limited that opened on Monday, December 18 and will remain open till Wednesday 20th December 2023, saw retail portion subscribed 390% As on 19th December, Tuesday the issue had been subscribed 2.42 times. The public issue subscribed 3.9 times in the retail category, 0.12 times in QIB, and 2.06 times in the NII category by December 19 2023 5.00 PM as per BSE Meanwhile, shares of Suraj Estate Developers Limited are available for trade in grey market. According to investorgain.com, the shares of Suraj Estate Developers Limited are available at a premium of ₹70 in grey market today.

19.12 / 12:25

IPO Booking Manufacturing Southern band country recommendations RBZ Jewellers IPO: Issue fully subscribed on Day 01; retail portion booked 4.45 times

₹100 crore via the issuance of fresh equity shares. The price band for the offer has been fixed at ₹95–100 per equity share, with a face value of ₹10 each. Also Read: RBZ Jewellers IPO opens today: Should you subscribe to the issue? RBZ Jewellers IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.

19.12 / 11:57

IPO Aware Platform reports FirstCry IPO: Ecommerce platform all set to file draft papers to raise over $600 million, says report

general elections..," people aware of the matter were quoted as saying by ET. FirstCry is poised to become the second Indian vertical e-commerce platform to undergo an initial public offering (IPO), following Nykaa's IPO in 2021.

19.12 / 11:53

IPO band Siyaram Recycling IPO allotment soon: GMP, how to check application status online as focus shifts to listing date

BSE website or at the website of its official registrar — Cameo Cameo Corporate Services. Also Read- Benchmark IPO allotment to be out soon; here's how to check allotment status Once share allocation is announced, bidders will be able to check Siyaram Recycling IPO allotment status online by logging in at the BSE website or at the website of its official registrar —Cameo Corporate Services. Go to the website of Cameo India Step 1- Login to the Cameo India https://ipo.cameoindia.com/ Step 2- Click on ‘Company Selection’ and then select the IPO name.

19.12 / 11:43

IPO FIVE Software Reddit Browser performer 2024 5 rumoured IPOs for 2024

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

19.12 / 09:51

IPO Booking Manufacturing Experts band performer recommendations Inox India IPO: listing expected on Thursday. What GMP signals ahead of listing?

Inox India will likely debut on the exchanges on Thursday, December 21. Ahead of the debut, the company's shares are fetching a premium of Rs 520-540 in the unlisted market.

19.12 / 09:51

IPO Booking Southern Experts band performer recommendations RBZ Jewellers' ₹100 cr IPO opens today: Key things to know before subscribing

₹100 crore initial public offer (IPO) of RBZ Jewellers opened for subscription today, December 19, 2023, and will end on December 21. The company has set a price band of ₹95-100 per share for the issue. This is one of the last IPOs of 2023.

19.12 / 09:49

IPO pandemic band performer consequences Suraj Estate Developers IPO: 10 key Risks from RHP to consider before investing

Suraj Estate IPO: The initial public offering (IPO) of Suraj Estate Developers Limited has opened on Monday, December 18 and it will remain open till 20th December 2023 i.e. till Wednesday this week.

19.12 / 09:36

Citi IPO Provident Platform country information travelers WTI Cabs files DRHP for launching NSE SME IPO. Details here about upcoming IPO

WTI Cabs IPO: The Wise Travel India Limited or WTI Cabs has filed Draft Red Herring Prospectus (DRHP) to launch its initial public offering (IPO). The company aims to raise around ₹85 crore from its initial offer. However, the company is yet to get market regulator Securities and Exchange Board of India (SEBI) for launching the public offer.

19.12 / 08:23

IPO Booking Manufacturing WhatsApp band track Happy Forgings IPO Day 1: Issue subscribed 64% so far; retail portion fully booked

₹1,008.59 crore from the IPO that will end on December 21. Let us check Happy Forgings IPO subscription status, GMP today and other key details: The ₹1,008.59 crore worth Happy Forgings IPO opened for subscription on December 19 and will close on December 21. The IPO comprises a fresh issue of equity shares worth ₹400 crore and an offer for sale (OFS) of 71.59 lakh shares.

19.12 / 08:22

IPO Booking Experts band recommendations Credo Brands IPO subscription status: Issue subscribed 0.62 times on day 1 so far; GMP jumps

Credo Brands IPO subscription status: Credo Brands IPO saw a healthy response from retail investors as the IPO's retail portion was subscribed 1.07 times by 12:10 pm on Tuesday, December 19, the first day of the IPO. According to data available with BSE, Credo Brands IPO's non-institutional investors (NIIs) portion was subscribed 0.41 times. Overall, the IPO was subscribed 0.62 times by that time.

19.12 / 08:21

IPO Booking band Suraj Estate IPO day 2 subscription status: Issue subscribed 127% so far; retail portion subscribed 2.23 times

Suraj Estate IPO : The initial public offering (IPO) of Suraj Estate Developers Limited that opened on Monday, December 18 and will remain open till Wednesday 20th December 2023, saw retail portion subscribed 200% As on 19th December, Tuesday the issue had been subscribed 1.27 times. The public issue subscribed 2.23 times in the retail category, 0.12 times in QIB, and 0.63 times in the NII category by December 18, 2023 11:45:00 AM as per BSE Meanwhile, shares of Suraj Estate Developers Limited are available for trade in grey market. According to investorgain.com, the shares of Suraj Estate Developers Limited are available at a premium of ₹70 in grey market today.

19.12 / 08:14

IPO Experts band recommendations India Shelter IPO allotment declared: Latest GMP, how to check status online. Share listing expected tomorrow

India Shelter IPO allotment: After closure of subscription on Friday last week, India Shelter IPO allotment has been made public today. Those who applied for the public issue need not to move from pillar to post as they can check their India Shelter IPO allotment status online by logging in at the BSE website or at the website of its official registrar KFintech. Meanwhile, after closure of bidding, India Shelter shares have gone from strong to stronger in last two days.

19.12 / 08:10

IPO Booking WhatsApp band Shanti Spintex IPO: Issue subscribed 52% so far on day 1; retail portion booked 92%

BSE SME with a tentative listing date fixed on December 27. Also Read: India Shelter IPO allotment declared: Latest GMP, how to check status online. Share listing expected tomorrow The company plans to raise ₹31.25 crore from the IPO which is a combination of fresh issue of 26.88 lakh equity shares aggregating to ₹18.82 crore and an offer for sale (OFS) of 17.76 lakh shares aggregating to ₹12.43 crore.

19.12 / 07:13

IPO Target Digital Platform SoftBank-backed FirstCry to file IPO papers soon, targets raising $500-600 million

delayed its public listing last year due to choppy market conditions, omnichannel retailer FirstCry is finally looking to file its draft IPO papers in the next few days, people in the know said. The company is aiming to raise $500-600 million at a $4-5 billion valuation, these people said.

19.12 / 06:23

IPO Booking Experts band recommendations Muthoot Microfin IPO: Issue fully booked on day 2, retail portion subscribed over 2 times; GMP steady

₹277 to ₹291 per equity share of the face value of ₹10. Muthoot Microfin Limited raised ₹284.99 crore from anchor investors on Friday, December 15. Muthoot IPO lot size is 51 equity shares and in multiples of 51 equity shares thereafter.

19.12 / 06:22

IPO Booking band Muthoot Microfin IPO: Here are 10 things to know before you subscribe the issue

₹960 crores and is a combination of fresh issue of 2.61 crore shares aggregating to ₹760 crores and offer for sale of 0.69 crore shares aggregating to ₹200 crores. On day 1, Muthoot Microfin IPO's retail investors portion was subscribed 1.38 times, NII portion was subscribed 61%, and QIB portion is yet to be booked. Employee portion has been booked 1.24 times.

19.12 / 06:13

IPO WhatsApp band SJ Logistics share price debuts with 40% premium at ₹175 on NSE SME

₹175 per share, 40% higher than the issue price of ₹125. However, after a strong debut the SJ Logistics IPO share price was locked at 5% lower circuit, but later recovered and was trading 4.5% higher at ₹182.95 apiece at 11:18 IST.

IPO Financial News

popular questions about IPO

What is IPO and why is it gaining attention?

Where can I find the latest updates on IPO?

How can I verify the accuracy of information on IPO?