IPO Financial News

The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US. 

₹18.63-crore worth Goyal Salt IPO has received stellar response from investors so far. Goyal Salt IPO is a book built issue and an SME IPO that opened for public subscription on September 26. Rajasthan-based Goyal Salt Ltd is a refiner of raw salts procured from subsoil brine, used as industrial salts and edible salts.

Arun Maheshwari, Joint MD and CEO, JSW Infra, says: “Post this IPO, we are already virtually debt free because the cash from the IPO is taking care of it. Going forward, we will maintain a debt to EBITDA ratio of 2.5, net debt to EBITDA, which is still very healthy from an infrastructure point of view. We have a good enough cash flow coming in and the kind of projects we are looking at. A 2.5 net debt to EBITDA is a fair assumption in the coming years.” It was a good listing for JSW Infra and the stock saw follow-up buying after the listing. Could you spell out what kind of growth plans you are having within the company if one were to look at the next 2-3 -year road map? We have already laid down some of the proceeds of the IPO for growth prospects like LPG terminal or the container terminal modernization and upgradation in Mangalore. On top of it, as I said earlier, the government is coming up with a lot of bidding for the projects and we will continue to look at the opportunity. We have been bidding it and we will continue to look at this. On top of it, there are a couple of greenfield ports which we are looking at and going forward and probably in a couple of months time, we will know what exactly we are getting into, what are the biddings we are successfully getting over.

JSW Infrastructure, which got listed on the bourses on Tuesday, said it has a huge potential to grow its business and aims to become a global company, JSW Group Chairman Sajjan Jindal has said. Speaking at the listing event, Jindal cited the example of Singapore and said that it is a City-State and handles more cargo than all of India. «We can also create such ports which handle not just our own cargo but also of the countries around us,» he said.

₹51 to ₹54 per equity share for the proposed initial public offer. "Exciting news! Mint is now on WhatsApp Channels

₹143 per share, 20.2% higher than the issue price of ₹119. Also Read: JSW Infrastructure IPO listing date today.

₹146 per share, 50.5% higher than the issue price of ₹97. Post a stellar listing, Saakshi Medtech share price was locked in 5% upper circuit.

₹215 on Tuesday (October 3). Both on the NSE and on the BSE, Manoj Vaibhav Gems share price was listed at ₹215. Manoj Vaibhav Gems IPO opened for subscription on September 22 and closed on September 26.

https://maashitla.com/allotment-status/public-issues Please click the following link to access the Maashitla Securities Private Ltd website, which is Inspire Films IPO's registrar. The landing page that you see after clicking the link above will look like the one in the screenshot below.

Manoj Vaibhav Gems IPO: Listing date of the initial public offering (IPO) of Manoj Vaibhav Gems 'N' Jewellers Limited has been fixed on 3rd October 2023. As per the BSE notice, "... effective from Tuesday, October 3, 2023, the equity shares of Manoj Vaibhav Gems 'N' Jewellers Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' group of securities." Manoj Vaibhav Gems share price will list on BSE and NSE at around 9:45 AM in sprecial pre-open session during Tuesday deals and Manoj Vaibhav Gems shares will become available for trade from 10:00 AM on Tuesday.

JSW Infrastructure: The initial public offering (IPO) of India’s second-largest commercial port operator JSW Infrastructure received a strong response from investors and will make its debut on the Indian stock market exchanges on Tuesday, October 3. JSW Infrastructure shares are likely to list with a decent premium on stock exchanges given the strong subscription numbers and healthy prospects of the company. JSW Infrastructure IPO listing will take place within the T+2 timeline (IPO closing date + 2 working days).

JSW Infrastructure IPO: Listing date of initial public offering (IPO) of JSW Infrastructure Limited has been fixed on 3rd October 2023. As per the BSE notice, "...

(Reuters) -Birkenstock, the German premium footwear brand backed by private-equity firm L Catterton, said on Monday it was seeking to raise up to $1.58 billion in its initial public offering (IPO) in New York.

Planisware launched on Monday an initial public offering aiming for a valuation between 1.11 billion and 1.25 billion euros, as part of its aim to become the top provider of software solutions for project portfolio management. The group said 15.1 million shares will be sold, priced between 16 and 18 euros each, and it hoped to raise 241 million euros ($254.52 million) from the share sale.

₹0 per share, as per market observers. This indicates that Manoj Vaibhav share price was trading flat at its issue price, without any premium or discount, in the grey market on Monday ahead of listing. Manoj Vaibhav shares have lost all the premium it was commanding in the grey market before the IPO.

Also Read: Stock market holiday: BSE, NSE to remain closed today for Mahatma Gandhi Jayanti JSW Infrastructure IPO will be the second after RR Kabel IPO that will list in the T+2 timeline. JSW Infra IPO was opened from September 25 to September 27. The IPO share allotment was finalised on September 28.

A new face is set to be wandering the corridors of Sydney private equity firm Adamantem Capital.

Updater Services Limited IPO allotment status: The share allotment of Updater Services IPO has been finalized and the investors who applied for the IPO can check the allotment status with its registrar's portal Link Intime. The investors can also know about their allotment status from the website of Bombay Stock Exchange (BSE) or National Stock Exchange (NSE). To check your Updater Services IPO allotment status from the website of the registrar, the investors have to visit the official website of Link Intime.

₹16,026cr on 27th Sept while net inflow from DIIs is ₹14,230cr as on 21st Sept. During this month, selling was also noticed at HNI’s desk especially in the mid & small counters. Maybe contemplating to book profit after the solid performance of the category in FY24 during April to August.

₹21-crore IPO. Revenues of this Mumbai-based content creator for TV channels and streaming platforms have surged at an average annual rate of 65% in the last three years to ₹48 crore in 2022-23. Similar growth buoyancy is seen among the top 10 constituents of the BSE SME IPO index, as on 31 August.

share allotment of Updater Services was likely finalised on Friday. Investors will get shares on a lottery basis and the whole process will be 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.