IPO Financial News

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Sunita Tools Limited share price today was listed at ₹155 per share, 6.9% higher than the issue price of ₹145. Sunita Tools public issue was offered at a fixed price of ₹145 per equity share of face value of ₹10 each. Sunita Tools Limited lot size stood at 1000 equity shares and in multiples of 1000 equity shares thereafter.

₹43.45 per share, 40.2% higher than the issue price of ₹31. Canarys Automations IPO opened for subscription on Wednesday, September 27, and closed on Tuesday, October 3.

₹130 apiece on the NSE SME, a premium of 242% to the issue price of ₹38 per share. The ₹18.63-crore worth initial public offering (IPO) of Goyal Salt Ltd received stellar response from investors. Goyal Salt IPO is an SME IPO that opened for public subscription on September 26 and ended on October 3.

₹140 per share, 41.41% higher than the issue price of ₹99. Oneclick Logistics IPO opened for subscription on Wednesday, September 27, and closed on Tuesday, October 3.

₹480 to ₹505 per equity share of face value of ₹10. IRM Energy IPO floor price is 48.0 times the face value of the equity shares and the cap price is 50.5 times the face value of the equity shares.

New York Stock Exchange under the “BIRK" ticker symbol. Goldman Sachs, JPMorgan Chase and Morgan Stanley are the lead underwriters for the IPO. According to a report in Bloomberg, at the IPO price, Birkenstock has a market value of $8.64 billion based on its filings with the US Securities and Exchange Commission.

CIEL Group is expected in the first half of 2024. The company has 'rigorously' invested in optimising the HR processes with digital intervention, said CIEL Group executive chairperson and director K Pandiarajan on Tuesday.

RBZ Jewellers received Sebi's approval to raise funds through an initial public offering (IPO). The IPO will be entirely a fresh issue of shares.

By Anirban Sen and Echo Wang

₹45. The face value of the equity shares is ₹10 each and the issue price is ₹45.

₹80.75 crore of IPO proceeds will be used to fund working capital requirements and general corporate purposes. The company had filed preliminary IPO papers with Sebi in June.

Bank of America research for IPO hopeful Cuscal Limited landed in front of investors, valuing the end-to-end payments outfit at as much as $736 million.

“The Microcap and Small cap look risky and overheated at this point of time as the stocks have reflected a sharp rise in their prices during the past few months,” says Girirajan Murugan, CEO, FundsIndia. In an interview with ETMarkets, Murugan said: “The small cap and microcap stocks are more sensitive to macroeconomic changes that lead to more volatility in the short term” Edited excerpts: Nifty hit 20200 levels and then we saw some bit of healthy profit-taking amid muted global cues. What is your take on markets for the medium to long term? Our medium to long-term view remains bullish on the Indian stock market. We believe that the current correction in the Nifty of around 4% from the all-time high has offered a good opportunity to accumulate fundamentally strong stocks for the medium to long term at reasonable valuations.

It’s all systems go at IPO hopeful Tasmea.

(Reuters) — Big Wall Street brokerages, including J.P.Morgan and Goldman Sachs, started coverage of Arm Holdings (NASDAQ:ARM) with their top ratings a month after its blockbuster market debut, expecting the chip designer to deliver strong revenue and earnings growth.

Vishnusurya IPO: Share allotment for initial public offering (IPO) of Vishnusurya Project and Infra Limited has been declared today. Those who applied for the public issue can check their Vishnusurya IPO allotment status online by logging in at the official website of Cameo Corporate Services Limited — official registrar of the public issue.

Stock market today: Despite weak stock market sentiments duen to Israel Palestine conflict, E Factor Experiences Limited IPO listed today on NSE SME Emerge platform delivering over 53 per cent listing gain to its allottees. E Factor Experiences Limited share price opened on NSE at ₹115, which is ₹40 per share higher of more than 53 per cent from its price band of ₹71 to ₹75 per equity share. However, the newly listed NSE SME stock didn't stop here only.

₹77.40 apiece on NSE SME, a premium of 10.57% to the issue price of ₹70 per share. Arabian Petroleum IPO had received strong response from investors as the issue was subscribed 19.91 times during the subscription period. The public issue was subscribed by a robust 23.19 times in the retail category and 15.72 times in the Other category.

“Banking, cement, infra, paper, sugar, power and chemicals (as a contra bet) are some of the sectors where we still see reasonable valuations in some pockets,” says Jiten Parmar, Co-Founder, of Aurum Capital. In an interview with ETMarkets, Parmar said: “Many pockets look expensive. One has to look at individual stocks, for example, many stocks from defense, and railways do not have a margin of safety and are looking stretched,” Edited excerpts: Nifty hit 20200 levels and then we saw some bit of healthy profit-taking amid muted global cues. What is your take on markets for the medium to long term? For the medium term and long-term, I remain constructive on the markets. Indian economy is doing fairly well.

AirTrunk has been mulling a $10 billion initial public offering, but a valuation hike across the ditch could put that number close to $13 billion or $18 billion on an enterprise value basis.