IPO Financial News

Reuters quoted two sources on Monday. The development revives the listing plans for the pharmaceutical company which it shelved in 2022 as Russia's invasion of Ukraine disrupted global markets.

₹65.25 per share, 63.13% higher than the issue price of ₹40. Holmarc Opto-Mechatronics shares were locked at 5% upper circuit post listing. Holmarc Opto-Mechatronics share price closed at ₹68.50 apiece on NSE on Monday.

Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d If you have applied for Kody IPO, you can check your Kody IPO allotment status immediately on the website of the IPO registrar, Kfin Technologies Ltd. You can check the Kody Technolab IPO allotment status of your application on the Kody Technolab IPO allotment link - https://ris.kfintech.com/ipostatus/ When you click the link mentioned above, you will see 5 links where you can see the status. Open one of the five provided links, then select Kody Technolab Limited from the dropdown menu in the select IPO section.

On the allotment date, investors come to know about the number of shares allotted to them as against the bids made. They can check the allotment status on the BSE or by visiting the registrar's website.

Also Read: Arabian Petroleum IPO: Check price band, subscription status, GMP, other key things to know about SME IPO Hi-Green Carbon IPO GMP today, or grey market premium today, is ₹60 per share, as per market observers. The latest GMP indicates that the Hi-Green Carbon shares are trading at a premium of ₹60 apiece in the grey market.

Chinese regulators have taken a novel approach to prop up the country’s faltering stock market by banning many companies’ biggest shareholders from selling. The country’s $11 trillion domestic stock market has slumped this year after a post-Covid rally, hurt by a weak economy, an outflow of foreign money and a rising sense of nervousness among small investors. The CSI 300 index of the country’s largest listed companies is down 4.1% in the year-to-date period, following losses in the previous two calendar years.

Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d Yatra Online IPO listing date has been fixed for Thursday, September 28 on NSE and BSE. If you applied for the shares, here's how you can check allotment status of Yatra Online IPO. If you have applied for the Yatra Online IPO, you can check your Yatra Online IPO allotment status immediately on the website of the IPO registrar, Link Intime India Private Ltd.

Saakshi Medtech and Panels IPO: The initial public offering of Saakshi Medtech and Panels Limited has opened today and the public issue will remain open for subscription till 27th September 2023. The book build issue has been offered at a price band of ₹92 to ₹97 per equity share and the issue is proposed for listing on NSE SME emerge platform. Meanwhile, the SME stock is available for trade in grey market.

Also Read: Mangalam Alloys IPO: Issue subscribed over 4 times so far on last day; retail category booked 6.5x Arabian Petroleum IPO is entirely a fresh issue of 28.92 lakh shares aggregating to ₹20.24 crore. The price band for the issue is fixed at ₹70 per share. The IPO lot size is 2,000 shares and the minimum investment amount required by retail investors is ₹140,000.

₹113 to ₹119. Bids can be made for a minimum of 126 equity shares and in multiples of 126 equity shares thereafter. JSW Infra IPO's retail investors portion was subscribed 97%, NII portion was subscribed 27%, and Qualified Institutional Buyers (QIB) portion did not receive much response so far.

Multibagger IPO: Atam Valves IPO (Initial Public Offering) is one of those fixed issues listed on BSE SME exchange that has delivered whopping return to its long term allottees despite having a par listing. The fixed SME issue was offered at a price of ₹40 apiece in September 2020 and one lot of the public issue comprised 3,000 shares. Eventhough, the BSE SME stock listed at issue price, it has ascended to the tune of ₹180 during Monday deals.

₹54.91 crore worth Mangalam Alloys IPO, which opened for subscription on September 21, will close today, September 25. Mangalam Alloys Ltd is a manufacturer of SS Ingots, SS Black Bar, SS RCS, SS Bright Round Bar, Bright Hex Bar, Bright Square Bar, Forgings, and Fasteners in more than 30 international grades.

₹36 per equity share of face value of ₹10 each. Marco Cables IPO lot size is 3000 equity shares and in multiples of 3000 equity shares thereafter. Marco Cables & Conductors Ltd IPO details A fresh issue of 2,601,000 equity shares totaling ₹9.36 crore and an offer for sale (OFS) component of 2,601,000 shares totaling ₹9.36 crore make up the ₹18.73 crore-worth Marco Cables IPO.

₹200 per equity share of face value of ₹10 each. Organic Recycling IPO lot size is 600 equity shares and in multiples of 600 equity shares thereafter. The issue price is 20 times of the face value of the equity shares.

Dawn Capital, one of Europe's biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling down on its bid to find technology champions in the region at a time when venture capital funding for tech startups has dwindled.

IPO watch: Senco Gold IPO (Initial Public Offering) listed on BSE and NSE in mid July 2023 at a strong premium of more than 35 per cent. However, after debut on Dalal Street, Senco Gold shares continue to climb to a new peak on a regular intervals.

Inspire Films IPO Dates: Inspire Films IPO opened for subscription on Monday, September 25 and will close on Wednesday, September 27. Inspire Films IPO Allotment: The company is likely to finalise the basis of IPO allotment on October 3 and initiate refunds on October 4, while credit the shares into the demat accounts of eligible investors on October 5. Inspire Films IPO Listing Date: Inspire Films shares are proposed to be listed at NSE SME with a tentative listing on October 6.

₹91 per share, 40% higher than the issue price of ₹65. However, after a strong debut the Chavda Infra shares were locked at 5% lower circuit. Chavda Infra IPO opened for subscription on Tuesday, September 12, and closed on Thursday, September 14.

Here’s a company to put on your watchlist as the AirTrunk initial public offering kicks off.

BNP Paribas, Societe Generale, Citigroup Global Markets, and Nomura Singapore are foreign investors that participated in the anchor round. The company plans to raise about Rs 640 crore through the IPO, which closes on September 27. Analysts are dividend on the company's prospects. While they believe the company has successfully created a niche through marque clients, past acquisitions and operational efficiency, they remain concerned over the valuations. «The company has aimed for high margin through value-added services with the support of the latest technology in its portfolio.

₹113 to ₹119 per equity share of face value of ₹2 each. JSW Infra IPO raised ₹1,260 crore from anchor investors on Friday, September 22. JSW Infrastructure Limited IPO has reserved not less than 75% of the shares in the public issue for Qualified Institutional Buyers (QIB), not more than 15% for Non Institutional Investors (NII), and not more than 10% of the offer is reserved for Retail Investors.