IPO Financial News

Kfin Technologies Ltd. Investors can find out if and how many shares they have been given through the basis of allotment. The initiation of the refund process will start on Monday, August 28, for individuals not given shares.

Also Read: Aeroflex Industries IPO: What GMP, subscription status signal before allotment date Crop Life Science share price will get listed on the NSE SME on Wednesday, August 30. If you applied for the shares, here's how you can check allotment status of Crop Life Science IPO. If you have applied for the Crop Life IPO, you can check your Crop Life Science IPO allotment status immediately on the website of the IPO registrar, Purva Sharegistry India Pvt Ltd.

₹418 to ₹441 per equity share of face value of ₹10 each. Rishabh Instruments IPO lot size is 34 equity shares and in multiples of 34 equity shares thereafter.

IPO closes on Monday. The category reserved for retail investors was subscribed 9 times, while that of non-institutional investors was subscribed 11.15 times. The qualified institutional buyers’ (QIBs’) part was the least subscribed at just 24%. According to market sources, the company's shares are trading at a premium of Rs 54 in the unlisted market. Analysts recommended investors to subscribe to the issue as the company has a healthy order book and industry tailwinds are expected to benefit in profitability in the coming years. Vishnu Prakash R Punglia is a construction company, primarily engaged in infrastructure projects for the central and state governments.

₹13.96 crore. The IPO comprises a fresh issue of 4,476,000 shares at ₹30 per share. Here are key details about Sahaj Fashions IPO including GMP today, IPO subscription status, and others.

1) Company overview The company is engaged in the business of marketing and distributing pharmaceutical products. It works with various contract manufacturers, who make pharmaceutical products based on compositions given by the company, and subsequently it sells those products under the brand «DLS Export».2) Industry overviewIndia ranks third worldwide for pharma production by volume and 14th by value.

https://ipo.bigshareonline.com/ipo_status.html Login at direct Bigshare link — https://ipo.bigshareonline.com/ipo_status.html Select "Pyramid Technoplast Limited IPO" in company name section. Select 'Application No/CAF No or Beneficiary ID or PAN Number. Click at 'Search' Your Pyramid Technoplast IPO allotment status will become available on your computer monitor on the display of your cell phone.

IPO subscription status: Vishnu Prakash R Punglia IPO has been subscribed 7.52 times so far on August 25, Friday, the second day of the bidding process. The public issue received bids for 16.49 crore equity shares as compared to 3.12 crore shares on the offer, till 2:40 PM. Vishnu Prakash IPO has been subscribed 9.86 times in the retail category and 11.97 times in the Non-Institutional Investors’ (NII) category.

Reliance Industries AGM 2023: The billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) is set to hold its Annual General Meeting (AGM) of shareholders on August 28, 2023. This is RIL’s 46th AGM and is being held after the Jio Financial Services was listed on stock exchanges earlier this month.

Reliance Industries’ annual general meeting on Monday. Like always, investors’ eyes will be glued to Chairman Mukesh Ambani’s speech, as he addresses shareholders at the 46th AGM of the conglomerate. In the last few years, some of the big-bang announcements from Ambani’s stable have usually come at the AGM. Therefore, this event has taken centre stage on Dalal Street. But this time, Ambani gave out goodies much ahead of the AGM in the form of a stake sale in Reliance Retail Ventures and the listing of Jio Financial Services. On Wednesday, the conglomerate announced that Qatar Investment Authority will pick up a nearly 1% stake in the retail arm, valuing the country’s largest retail firm at $100 billion. The valuation of the retail business of Ambani has doubled within three years, and this has increased the noise of a possible initial public offer (IPO) of Reliance Retail on the Street. At RIL’s AGM in 2019, Ambani had first announced plans to list the telecom and retail businesses of the conglomerate. In 2020, Ambani did a mega fundraising programme by selling stakes in both Reliance Jio and Reliance Retail to marquee private equity firms and sovereign wealth funds. Then, Reliance Retail Ventures raised Rs 47,265 crore, which valued the company at Rs 4.21 lakh crore. The sharp expansion in the valuation could lure private equity investors to take in some of the money back home.

Aeroflex Industries IPO: Bidding for the initial public offering (IPO) of Aeroflex Industries Limited ended on Thursday and now applicants are eagerly waiting for Aeroflex Industries IPO allotment date which is most likely on 29th August 2023. As per Aeroflex Industries IPO subscription status after three days of bidding, the book build issue has been subscribed 97.11 times whereas its retail portion got subscribed 34.41 times. Meanwhile, strong response by investors, grey market has gone bullish on the public issue.

Ahead of the proposed IPO of Reliance Retail Ventures Ltd (RRVL), Mukesh Ambani's RIIL is planning to sell an additional 8-10% stake in RRVL, reported Economic Times citing inputs from industry experts. The report said that the sale of stake would be completed in a duration of 12-15 months.

IPO) of Aeroflex Industries was subscribed 97 times on Thursday — the final day of bidding. The issue received bids for 225 crore shares against the offer size of 2.32 crore shares.

Reliance Industries is likely to sell another 8-10% stake in Reliance Retail Ventures Ltd (RRVL) to fund expansion, retire debt and prepare for the initial public offering of the conglomerate's retail business, two senior industry executives aware of the plans said. This process will likely happen in tranches over 12-15 months and will be critical for the proposed IPO by the holding company of Reliance's retail operations, the executives said. The stake sale is crucial because at the current valuation of $100 billion (₹8.25 lakh crore), RRVL's IPO size will be humongous and the market may not have the liquidity to absorb such an offer. Hence, the company thinks, another 7-10% equity dilution will make the IPO size manageable to ensure its success since by then its valuation is also likely to go up, the people said. As per India's listing rules, the public shareholding, including those held by financial investors, of a company must be at least 25%.

Shoora Designs IPO allotment status: Shoora Designs IPO share allotment willbe fixed on Thursday, August 24. The investors who applied for the issue can check the Shoora Designs IPO allotment status in the registrar's portal, which is Kfin Technologies Ltd. Investors can find out if and how many shares they have been given through the basis of allotment.

Aeroflex Industries IPO subscription status: Ashish Kacholia backed Aeroflex Industries Limited IPO was subscribed 97.05 times on the third and final day of its issue. Aeroflex Industries IPO opened for subscription on Tuesday, August 22 and closes on Thursday, August 24.

In the wake of restructuring efforts to distance itself from its founder, Leon Black, Apollo Global Management has another problem. On Wednesday, a lawsuit was lodged claiming that the company wrongfully agreed to pay  $570 million for the personal tax bills of its key executives.

₹308.88-crore Vishnu Prakash IPO has received strong response from investors within hours of the bidding process opening. Vishnu Prakash IPO price band has been at ₹94 to ₹99 per equity share and the IPO subscription period will end on August 28, 2023. Let us take a look at Vishnu Prakash IPO subscription status so far: Vishnu Prakash R Punglia IPO has been subscribed 2.48 times so far on Thursday, the first day of the bidding process.

public offering (IPO) in the next month to raise Rs 300-320 crore. Also, the company said it has completed the pre-IPO placement round and raised Rs 33.76 crore through it, leading to a reduction in fresh issue size in the upcoming maiden public issue. In the pre-IPO placement round, the Ghaziabad-based firm issued 16 lakh equity shares at an issue price of Rs 211 apiece, the company said in a statement. Accordingly, the size of the fresh issue has been reduced to Rs 146.24 crore from Rs 180 crore planned earlier.

Pyramid Technoplast Solutions will likely be finalised on August 25. 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.

«So what is happening in IT is clearly your discretionary spends have slowed down considerably. But at the same time, your large $2 billion cost of deals are happening. So somewhere, these deals are coming through. See, the corporates are saying, look there is an opportunity for us to look and revisit our processes,» says Rahul Chadha, CIO, Mirae Asset Global.Reliance Power issue got subscribed in 60 seconds of opening and it was a Rs 7000 crore IPO in 2008. Add inflation back up, it will be bigger than 25,000 today. I think we have seen that again.