IPO Financial News

22.10 / 11:27

UPS IPO CEO Airlines WhatsApp reports end NOT Akasa Air CEO says listing on exchanges not possible by 2027, end of decade ‘much realistic goal’

IndiGo and SpiceJet – are listed on the bourses. The plans of GoAir to launch an IPO were cancelled, and the airline has been facing financial issues that have affected its operations since May this year. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Akasa, launched in mid-2022, currently operates over 750 flights per week across 16 routes.

22.10 / 10:53

UPS IPO Aware CEO Enterprise Photography valuation Guzman Y Gomez in IPO prep; market baulks at valuation

IPO hopeful Guzman Y Gomez’s expectations of what it is worth are setting off cases of heartburn among equity capital markets teams and fund managers across the street.

22.10 / 10:53

UPS IPO CEO show gatherings Magellan lawyers up for Bolton defensive

When Magellan Financial Group shows up at court on October 30, it will be flanked by two old favourites.

22.10 / 01:19

IPO FIVE Booking NIFTY SENSEX week Week Ahead: Q2 Results, US bond yields, other global cues among key market triggers this week

Also Read: These 48 smallcap stocks rise 10-30% even as Sensex sheds 1% on volatile week; do you own? "Middle East tensions and elevated US bond yields steered the market to a consolidation path this week. A weak start to the earnings season, disappointment from IT sector, and a mixed bag of results from banks influenced investors to book profits from the table,'' said Vinod Nair, Head of Research at Geojit Financial Services. On Friday, Nifty 50 closed at 19,542.65, down 82 points, or 0.42 per cent while the Sensex ended the day at 65,397.62, down 232 points, or 0.35 per cent.

21.10 / 16:11

IPO Booking Enterprise Healthcare band blues gossips IPOs week IPOs Next Week: Blue Jet Healthcare IPO to On Door Concepts IPO; 5 new issues, 2 listings to keep primary market buzzing

IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments last month, which kept investors engaged with subscriptions and listings. Moving on, the third week of October sees strong market buzz - similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription. ‘’The remarkable volume of IPOs in India, covering a diverse range of sectors and industries, showcases the country's economic resilience and its attractiveness as an investment hub,'' said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt.

21.10 / 12:09

IPO stage 2020 acquires Family office of Gland Pharma's former promoter acquires GBJ Hotels

Gland Pharma's former promoter has acquired GBJ Hotels, which operates the five-star property Hotel Radisson Blu in Coimbatore, said people with knowledge of the transaction. KP Advisory Services, the family office of the promoter Ravi Penmetsa, acquired the five-star property last week in Coimbatore under the corporate insolvency process, the people cited above said. Lenders unanimously voted for KP Advisory Services' Rs 185-crore plan. The resolution professional (RP) had admitted Rs 196 crore in claims, including trade creditors and banks.

21.10 / 10:57

IPO WhatsApp information IRM Energy IPO: What GMP, subscription status signal as focus shifts on allotment date

IRM Energy IPO: Bidding for the initial public offering of IRM Energy Limited ended on Friday, 20th October 2023. In thre days of bidding from 18th Octover to 20th October 2023, IRM Energy IPO subscription status suggests that the public issue received strong response by investors across categories. However, due to weakness in secondary market for last three straight sessions, grey market sentiments has gone down in regard to IRM Energy IPO.

21.10 / 08:09

UPS IPO President Experts outbreak recommendations GSFC, GNFC to FACT: How Israel-Hamas war is fueling fertilizer stocks in India — explained

₹167.50 to ₹203 apiece levels after the spread of Israel war, delivering more than 20 per cent return to its shareholders. Fertilisers And Chemicals Travancore or FACT share price has ascended from near ₹510 to ₹710 apiece levels during Israle-Palestine conflict, delivering to the tune of 40 per cent return to its shareholders. Shares of Gujarat Narmada Valley Fertilizers and Chemicals or GNFC share price has shot up from around ₹610 to ₹655 apiece levels.

21.10 / 07:55

IPO Provident President Experts gossips reports recommendations Gold price rallies on Israel-Hamas war, weak US dollar, US Fed rate pause buzz

Gold rate today: On account of rising tension in the Middle East region on Israel-Hamas war, US Fed's hint for a possible rate pause in upcoming US Fed meeting in November 2023 and slide in US dollar aided gold price to continue its rally and climb to around four month high on Multi Commodity Exchange (MCX). MCX gold rate logged weekly gain of 2.15 per cent and ended at ₹60,725 per 10 gm levels.

21.10 / 03:35

IPO Lowe's Dreams WhatsApp band Plaza Wires shares double IPO allottees' money in seven post-listing sessions

Dalal Street as the public issue listed on Indian stock market bourses at around 55 per cent premium on 12th October 2023. Plaza Wires IPO was launched in September end at a price band of ₹51 to ₹54 per equity share and Plaza Wires shares opened on BSE at ₹84 apiece and at ₹76 per share on NSE. However, the dream run didn't ended for the scrip after strong debut.

20.10 / 17:59

UPS IPO Target Booking Citigroup show Mamaearth eyes ₹2K cr pre-Diwali listing

₹10,000 crore- ₹12,000 crore ($1.2 billion-$1.4 billion). The company is lining up investors for its anchor book for which it is raising ₹800 crore to ₹900 crore from institutional investors, said three people with knowledge of the development, asking to be anonymous. “The book-building process has started around this valuation, and there is considerable interest from investors for that value," the first person cited above said.

20.10 / 10:45

UPS Citi IPO Booking Experts IRM Energy IPO booked 18 times so far on last day. check GMP and other details

IPO) of IRM Energy has been witnessing robust response from investors with the overall subscription at 18 times so far on the third day of the bidding process. The issue closes on Friday i.e.

20.10 / 08:28

UPS IPO Manufacturing Gap country week Pharma stock Sigachi Industries rises 10% to hit 52-week high after JV, 1:10 stock split. Do you own?

Stock at record high: Sigachi Industries shares have been in uptrend since early morning deals. Sigachi Industries share price today opened with an upside gap at ₹39.30 apiece on NSE and went on to hit intraday high of ₹43.85 per share, which turned out its new 52-week high as well. As per the latest exchange filing by the pharma company, Sigachi Industries Ltd has signed a deal with Saudi National Projects Investment Ltd (SNP) and announced a joint venture Sigachi Arabia.

20.10 / 07:39

IPO UK London Stock Exchange equities Bestinvest enables IPO investments for clients

Jason Hollands, managing director of Bestinvest, told Investment Week the new offering was part of the firm’s “ongoing programme of improvements to Bestinvest”, and complimented its push to cut down trading costs for clients across its platform.

20.10 / 07:27

COST IPO Action WhatsApp band recommendations IRM Energy IPO: 10 key risks investors should know before investing

₹545.40-crore IRM Energy IPO opened on October 18 and the allotment is expected to be finalized on Friday, October 27, 2023. IRM Energy IPO is completely a fresh issue of 1.08 crore equity shares and there is no offer for sale (OFS) component. The IPO price band has been fixed in the range of ₹480 to ₹505 per equity share.

20.10 / 03:43

IPO Booking WhatsApp Experts band performer recommendations IRM Energy IPO Day 3: Check GMP, subscription status, should you subscribe?

₹70 per share. This indicates IRM Energy shares were trading at a premium of ₹70 in the grey market on Friday, as per market observers. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of IRM Energy share price was indicated at ₹575 apiece, which is 13.86% higher than the IPO price of ₹505.

19.10 / 17:41

IPO Provident AXY Yellow WhatsApp reports Gopal Snacks taps 360 One Asset, others for pre-IPO funds

₹100 crore to ₹200 crore and the proceeds will be used to ‘meet obligations’ related to a loan taken by the founders last year, the persons cited above said. In December 2022, Mint reported that the founder Bipin Hadvani raised a debt of ₹490 crore from JM Financial to buy out his younger brother’s stake in the company. 360 One Asset and Gopal Snacks confirmed the pre-IPO investment in the company but did not provide additional details.

19.10 / 17:19

UPS Citi IPO AXY Aware Northern Arc picks ICICI Securities to manage ₹2K cr IPO

₹2,000 crore initial public offering, according to two people aware of its plans. “It is also likely to appoint Citi and Axis Capital as managers for the issue," one of the two people said, seeking anonymity. The company had filed its draft prospectus with Securities and Exchange Board of India (Sebi) in July 2021, but subsequently shelved its plans citing market conditions.

19.10 / 11:01

IPO WhatsApp Healthcare band blues Blue Jet Healthcare IPO opens on October 25, price band set at ₹329-346 apiece

₹329 to ₹346 per equity share of face value of ₹2. The price to earnings ratio of the company is 37.49 at the upper band.

19.10 / 08:23

IPO Booking WhatsApp IRM Energy IPO: Issue fully booked on day 2, check GMP, should you subscribe?

₹480 to ₹505 per equity share of face value of ₹10. IRM Energy 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 Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.

19.10 / 08:23

IPO Platform WhatsApp Experts stage recommendations Multibagger IPO: SME stock Nirman Agri Genetics gives 125% return to allottees in six months

Multibagger IPO: The initial public offering (IPO) Nirman Agri Genetics is one of the multibagger public issues that Indian stock market has delivered in 2023. This NSE SME issue was launched in March 2023 at a fixed price of ₹99 per equity share. The SME stock listed on NSE SME Emerge platform on 28th March 2023 at a normal premium of ₹3 per equity share.

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