IPO Financial News

«The fact that there is a 4% kind of a decline in the revenue and even on many other parameters whether you look at sales to customer or footprint addition in this quarter or revenue per square feet there is definite amount of disappointment,» says Hemang Jani, Equity Strategist & Senior Group VP, MOFSL.We were just highlighting Vendant Fashion’s numbers and just looking at how the same store sales etc performance has been that kind of falls short of the valuations that the stock quotes at, I mean the margins have come in at 47.5% while standalone they may be okay but in the same quarter last year they did over 50%. The PAT has come in at Rs 92 crores rupees odd, the revenues have come in a little lower by about 4%. It seems like it was not the most profitable quarter for them. Absolutely.

₹947 per share, 89.4 percent higher than the issue price, and on the BSE, the Netweb Technologies shares were listed at ₹942.50 per share. Netweb Technologies IPO opened for subscription on Monday, July 17, and ended on Wednesday, July 19. The company has fixed the price band at ₹475 to ₹500 per equity share for the proposed initial public offer.

Nifty futures traded 0.5 points, or 0.00 per cent, higher at 19,984.50, signaling that Dalal Street was headed for a muted start on Thursday. Here's a slew of stocks that will be in focus today for various reasons.Tata ConsumerTata Consumer Products' profit rose 30% YoY to Rs 359 crore in the first quarter.

Netweb Technologies IPO: Listing date for the initial public offering (IPO) has been fixed on 27th July 2023 i.e. today.

Netweb Technologies will be listed on the exchanges on Thursday and grey market trends indicate strong returns to investors on the listing day. The company's shares are commanding a premium of around Rs 390, and considering the upper price band of Rs 500, the stock is likely to debut at a solid 78% premium. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.

₹40 per equity share and the share will be listed on the NSE SME exchange Thursday, August 3. The Yasons Chemex Care IPO, which is worth ₹20.57 crore, is completely a fresh issue; there is no offer for sale (OFS) component. The fresh funds through the IPO will be put to use for general corporate needs and for the company's working capital requirements.

₹745-crore initial public offer (IPO) by leading pen manufacturer Flair Writing Industries has put the spotlight on the sector’s prospects in today’s times. Various studies around the world have suggested better learning and stronger brain activity using traditional writing tools compared to smart digital writing devices. A 2014 study by US researchers Pam Mueller and Daniel Oppenheimer showed that longhand notes lead to better learning against typing out on a laptop.

₹50 per equity share and the share will be listed on the BSE SME exchange Friday, 4 August. The Innovatus Entertainment IPO has a total issue size of ₹774.00 lakh, which consists of freshly issued equity shares. The company plans to use the net proceeds from the offering to finance several objectives, including meeting extra working capital needs, buying exhibition-related merchandise, and basic business needs.

One of the largest IPOs in London this year is already facing pressure from short sellers, less than a month after it made its debut on the London Stock Exchange.

Vinsys IT Services will open for public subscription on August 1. The issue closes on August 4.

Yatharth Hospital IPO opens: GMP, subscription status, should you subscribe or not? The company has fixed the price band at ₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25.

Suraj Estate Developers has filed fresh preliminary papers with capital markets regulator Sebi to raise Rs 400 crore through an initial public offering (IPO). Before this, the Mumbai-based realty film filed its draft IPO papers in March 2022.

Yatharth Hospital was subscribed 30% in the first few hours on the first day of the bidding process on Wednesday. At 12.04 pm, the public issue garnered 30% bids, with its retail portion subscribed 47%. The portion reserved for non-institutional investors (NIIs) received 28% bids so far today.

₹70.90 per share, 5.8 percent higher than the issue price of ₹67 on the NSE SME exchange. Post listing, Service Care share price was locked at 5% lower circuit at ₹67.35. The Service Care IPO is a small- and medium-sized enterprise IPO that consists of a fresh equity issue of up to 30.86 lakh shares for a maximum of ₹20.68 crore.

₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25. SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few prominent anchor investors.

The issue has received a thumbs-up from analysts, with most recommending a «subscribe» given strong financials and growth potential in Northern India. «On FY23 financials, the IPO is valued at 39.2x P/E, 20.9x EV/EBITDA and 5.4x EV/sales,» Reliance Securities said while assigning a 'subscribe' rating. Yatharth Hospital & Trauma Care Services is a private hospital which provides healthcare services and is based in the northern region of India.

₹98.80 per share, 90 percent higher than the issue price of ₹52 on the BSE SME exchange. Asarfi Hospital IPO began accepting subscriptions on Monday, July 17, and it closed on Wednesday, July 19, 2023. The company set the IPO's price band at ₹51 to ₹52 per equity share The entire Asarfi Hospital IPO consists of a fresh offering of 51.80 lakh equity shares for a total of up to ₹26.94 crore.

₹1,500 crore, as was reported in the news article by the Economic Times (ET). Mint could not independently confirm the news.

₹228.67 crore to ₹520.29 crore. The profit for the same period rose from ₹19.58 crore in Q4FY22 to ₹65.76 crore. Yatharth Hospital IPO: Firm mobilises ₹206 crore from anchor investors a day ahead of subscription Here are the 10 key things to know about Yatharth Hospital IPO: Yatharth Hospital IPO Dates: Yatharth Hospital IPO opens for subscription on Wednesday, 26 July, and close on Friday, 28 July.

ET Intelligence Group: Delhi-based Yatharth Hospital & Trauma Care Services (YHTCS) is a regional hospital chain in the National Capital Region operating three super speciality hospitals in Noida, Greater Noida and Noida Extension in UP and a recently acquired facility in Madhya Pradesh.

₹206 crore from anchor investors on July 25, a day ahead of its IPO subscription opening for bidding. Yatharth Hospital's initial public offering (IPO) will open for subscription on Wednesday, July 26, and close on Friday, July 28. The company had fixed the price band at ₹285 to ₹300 per equity share for the proposed initial public offer.