IPO Financial News

bonds. “In FY '22-23, private placements garnered an impressive ₹7.5 lakh crore (USD 94 billion), and in the current fiscal year, FY’23-24, we have already witnessed a substantial raise of ₹4.15 lakh crore (USD 52 billion) by October. It's to be noted that this strong momentum includes obtaining money through private placements," said Abhijit Roy, CEO, of GoldenPi.

Axis Securities, the chart pattern suggests that if the Nifty crosses and sustains above 19,900, it would witness buying which would lead the index towards 20,000-20,200 levels. However, if the index breaks below the 19,650 level, it would witness selling, which would take the index towards 19,500-19,400, Axis Securities said. The brokerage firm pointed out that the weekly strength indicator RSI continues to remain flat, indicating the absence of strength.

BSE SME. On BSE SME, Arrowhead Seperation share price today was listed at ₹250, 7.3% higher than the issue price of ₹233.

IREDA IPO: Allotment status of the initial public offering (IPO) of Indian Renewable Energy Development Agency (IREDA) is now available. Those who have applied for the public issue of this state-owned company can check IREDA IPO allotment status online by logging in at BSE website or at the official website of Link Intime Private Limited — official registrar of IREDA IPO. However, after declaration of IREDA IPO allotment, focus has now shifted towards IREDA IPO listing date, which is most likely on 29th November 2023 i.e.

₹26. Investors can bid for a minimum of 4000 shares and in multiples thereof.

Shein IPO: Firm in talks with banks, exchanges for listing, says report Representatives for Shein, JPMorgan and Morgan Stanley declined to comment. A spokesperson for Goldman Sachs didn’t immediately respond to a request for comment. The filing was reported earlier by Shanghai Securities News.

BSE Sensex ended lower by 47.77 points or 0.07% at 65,970.04 level while the Nifty 50 closed at 19,794.70 level, down 7.30 points or 0.04%. According to technical analysts, the key indices experienced a sluggish week, with minimal momentum and prices maintaining a narrow trading range. Despite the lack of significant movements, the Nifty 50 managed to extend its weekly winning streak, securing a 0.34% gain and closing just below the 19,800 mark.

Reddit Inc. is again holding talks with potential investors for an initial public offering for the social media company, according to people familiar with the matter, as hopefuls prepare for a long-awaited reopening of the market for new listings. Reddit Inc.

By Kane Wu and Anirban Sen

primary market in November hit a 23-month high even as they remained net sellers in the secondary market in this period. Foreign portfolio investors invested ₹7,688 crore in the primary market in November till Thursday with the IPO market buzzing with activity, while they offloaded Indian shares worth ₹6,877 crore.

Shein, a leading online fashion retailer originating from China, confidentially filed for an IPO in the United States, according to The Wall Street Journal report today, citing people familiar with the matter.

₹85, which is ₹1 higher from its Sunday GMP of ₹84. This rise in Flair IPO GMP can be attributed to strong response by investors as the book build issue got subscribed to whooping 46.68 times.

BSE and NSE on December 5. Investors who took part in the ₹500.69 crore IPO can verify the status of their application through two online methods: either on the BSE website or on the registrar's website. On BSE: On its registrar's website: 1) Go to the website of Link Intime.

BSE and NSE, on Tuesday, December 5. In a similar way, you can also check on its registrar's website.

A meandering benchmark index and a slew of companies going private have left Canada’s capital markets in a precarious position.

Sai Silks (Kalamandir) has been seeing strong investor interest, rising almost 35 percent from its issue price in just 2 months. In a recent note, domestic brokerage house HDFC Securities has initiated coverage on the stock with a ‘buy’ recommendation and a target price of ₹385, indicating an upside of 29 percent from its current market price of ₹298.75, as on November 24. The bullish call is on the back of strong financial performance, a robust track record, and a healthy growth potential in the saree industry.

₹10 per equity share consists of a fresh issue of equity shares and an offer-for-sale (OFS) by promoters selling shareholders. As per the DRHP, the proceeds from the fresh issue will be utilised for funding the working capital requirements and general corporate purposes. The offer is being made through the Book Building Process, wherein not more than 50% of the Offer shall be available for allocation to Qualified Institutional Buyers, not less than 15% of the Offer shall be available for allocation to Non-Institutional Investors and not less than 35% of the Offer shall be available for allocation to Retail Individual Investors.

share allotment was finalised on Saturday, November 25. The company's equity shares are likely to be listed on stock exchanges BSE and NSE on November 29. Ahead of the IPO listing, let us check what the GMP and subscription status show: Analysts note a robust investor response to the IREDA IPO, suggesting that the surge in grey market sentiment may be attributed to the strong reception.

SME) IPOs to hit the primary market this week. However, Swashthik Plascon has already opened for subscription and will close this week. Amic Forging The Rs 31.73 crore initial public offering of Amic Forging will open for subscription on Wednesday, November 29, and close on December 01, 2023. Investors can bid for a minimum of 1,000 shares. Amic Forging IPO's price band is set in the range of Rs 121 to Rs 126. The issue will be listed on BSE SME. Deepak Chemtex The Rs 20.76 crore initial public offering of Deepak Chemtex will open for subscription on Wednesday, November 29, and close on December 01, 2023. Deepak Chemtex IPO's price band is set in the range of Rs 76 to Rs 80. Investors can bid for a minimum of 1,600 shares. The issue will be listed on BSE SME. Graphisads The Rs 50.72 crore initial public offering of Graphisads will open for subscription on Thursday, November 30, and close on December 5, 2023. Investors can bid for a minimum of 1,200 shares at an issue price of Rs 111 apiece. The promoters' holding after the issue will be 73.66%. The issue will be listed on NSE SME. Net Avenue Technologies The Rs 8.65 crore initial public offering (IPO) of Net Avenue Technologies will open for subscription on Thursday, November 30, and close on December 4, 2023. Investors can bid for a minimum of 8,000 shares. Net Avenue Technologies IPO's price band is set in the range of Rs 16 to Rs 18. The promoters' holding after the issue will be 33.28%. The issue will be listed on NSE SME.

share allotment of Tata Technologies IPO is expected to be finalised tomorrow. Investors received shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE. Step 1: Visit the BSE Website Step 2: Please select the issue name, that is the company's name in the drop down. Step 3: Enter the application number or PAN number to check the allotment status.

BSE. The ₹3,042.51 crore IPO was open for subscription between November 22-24 at a price band in the range of ₹475-500 per share. The first IPO by the Tata Group in over 19 years was subscribed 69.43 times during November 22-24.