IPO Financial News

«So, some will burn their fingers and some, based on the awareness exercise, will become aware and start investing in more high-quality names rather than investing in any other second IPO which is coming,» says Neeraj Dewan, Market Expert. Let us get a comment from you also going on this SME hullabaloo. Some are calling it casino, some are calling it gambling den, some are calling in Hindi juye ka adda. What is happening there? Neeraj Dewan: Definitely the kind of frenzy which is there and we have seen these cases of small companies getting 100x, 200x, 400x kind of subscription amounts. So, one has to be careful, but what can be done according to what I understand is that there should be some awareness exercise which can be initiated, whether it is the regulator or whether it is the market experts, whether it is the media channels.

«So, keeping that in mind if one gets an entry into an IPO stock, which has a good potential, it is always better rather than churning every week to hold on to the stock and make that wealth which is generated over period,» says Neeraj Dewan, Market Expert. Starting off by just maybe getting in your thoughts as well on the kind of commentary that has been made or the kind of reveal due to the SEBI study with respect to the fact that nearly 54% of the allotted IPO shares, this is excluding the anchor investors, are sold in just a week and they are talking about how we need to be a good doctor to companies, do not prescribe steroids, they say when paracetamol will suffice. Just wanted to get in your thoughts on the study reveal. Neeraj Dewan: Yes, actually there is so much of paper availability and money flow has to be rotated.

Vedanta on Tuesday gained 2% to its day’s high of Rs 473.05 after the company announced third interim dividend of Rs 20 per share for the financial year 2024-25. The total dividend payout will amount to Rs 7,821 crore and the company has set September 10 as the record date for the purpose.

Premier Energies' shares debuted on the exchanges with a 120% premium on Tuesday. The stock listed at Rs 990 on NSE and Rs 991 on BSE, compared to the offer price of Rs 450. Ahead of its debut, the company's shares traded at a premium of over 100% in the unlisted market.

Indian Phosphate debuted on the NSE SME platform with a premium of 90% on Tuesday. The stock listed at Rs 188.10 on NSE as against an offer price of Rs 99. Ahead of the debut, the company's shares traded at a premium of over 126% in the unlisted market.

SME IPO of Naturewings Holidays will open for subscription today and will close on September 5. The company aims to raise about Rs 7 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

₹427 to ₹450 per equity share, having a face value of ₹1. Anchor investors infused ₹846 crore into the company.The initial public offering (IPO) comprises a fresh issuance of equity shares totalling up to ₹1,291.4 crore and an Offer for Sale (OFS) of a maximum of 3.42 crore shares by the existing shareholders, which amounts to approximately ₹1,539 crore based on the upper band price of ₹450.As part of the offer-for-sale component, South Asia Growth Fund II Holdings LLC (SAGF II) will sell 2.68 crore equity shares, South Asia EBT Trust will divest 1,72,800 equity shares, and promoter Chiranjeev Singh Saluja will offload 72,00,000 equity shares.Founded in April 1995, Premier Energies Limited specialises in the production of integrated solar cell and solar panels.

Bajaj Finance and Bajaj Finserv the Rs 6,560 crore initial public offering (IPO) of Bajaj Housing Finance will hit the Street on September 9 and has announced a price band of Rs 66-70 for the same. The bids can be made for a minimum quantity of 214 shares and in multiples of 214 thereafter.

Bajaj Housing Finance, which is set to launch a ₹6,560-crore IPO later next week, is keeping options open to sell stakes to strategic investors. Sanjiv Bajaj, chairman and managing director of Bajaj Finance, told ET the company will be keenly watching the investors subscribing to the IPO for an eventual shareholder mix, as the promoters will be required to dilute stakes in phases to comply with listing norms.

Orkla India, which owns MTR and Eastern spices, has started initial talks with bankers to raise around $300 million (about ₹2,500 crore) by selling 10-15% stake through an initial public offering (IPO), at a valuation of around $2 billion, said people familiar with the matter. The company is in the process of hiring bankers, and the listing could happen between June and November 2025, they said.

Securities and Exchange Board of India has put the proposed initial public offering of JSW Cement 'in abeyance', an update on the capital market regulator's website showed. The cement business of the JSW Group was looking to raise ₹4,000 crore through the primary market offering, and had filed its draft papers with Sebi last month. The IPO is a combination of offer-for-sale and fresh issue of shares.

listing gains, a Sebi study shows that 54% of IPO shares are sold within a week from listing by non-anchor investors. Based on data from 144 mainboard IPOs listed between April 2021 and December 2023, the study found that about 54% of IPO shares (in value terms) allotted to investors (excluding anchor investors) were sold within a week from listing.

Tolins Tyres will open for subscription on September 9. The issue will be available for investors to bid till September 11. The offer comprises a fresh equity sale of Rs 200 crore and an offer for sale (OFS) of Rs 30 crore. Under the OFS, promoters Kalamparambil Varkey Tolin and Jerin Tolin will offload part stakes in the company.

IPO) of Shree Tirupati Balajee Agro Trading will open for subscription on September 5. The company has fixed a price band of Rs 78-83 for the public offer, which will close on September 9. The IPO includes a Fresh Issue of up to 1.47 crore shares and an offer for sale (OFS) of up to 56.9 lakh shares by Binod Kumar Agarwal.

Sebi chief Madhabi Puri Buch on Monday announced that single filing with exchanges would become a reality very soon. «It is a work in progress. If you file your disclosure in one exchange, it will automatically populate on the website of the other exchanges,» Buch said at a CII Summit.

As of 11 am, the retail and non-institutional investor (NII) categories saw strong demand, with subscriptions at 2.74 and 2.15 times, respectively. The employee-reserved category was subscribed to 11.89 times, while the portion reserved for qualified institutional buyers (QIBs) did not receive any bids.

₹835 crore at the upper end of its ₹370-389 price band. This would value Style Baazar at ₹2,900 crore, and it also intends to expand its footprint beyond its current geographical concentration in the eastern region. Could Style Baazar be the next fashion force to dominate the national stage? Style Baazar has demonstrated impressive financial growth in recent years.

retail investors are now buying big into the initial share sales of high-risk small and medium enterprises (SME), an exclusive HNI bailiwick until recently, seeking to benefit from the stellar listing gains these issuances have lately been generating. What was seemingly a very shallow and restricted market of less than 500 interested parties for each share sale on average four years ago now draws applications that run into six figures. Statistics show from just 408 applicants on average in FY20 and 511 in FY21, these SME IPOs drew a staggering 2,19,000 applications so far in FY25.

Gala Precision Engineering, a component manufacturer with applications in wind power generation, industrial, and automotive sectors, plans to raise ₹167 crore through an initial public offering (IPO). Of this amount, ₹135 crore will be from fresh issuance to fund brownfield and greenfield capacity expansions, which could potentially double the company's revenue over the next three years. The remaining amount is an offer for sale by the promoter, reducing the promoter's stake from 75% to 55% post-IPO. Gala Precision is focused on non-commodity product offerings where competition is lower and is gradually increasing its exposure to the mobility segment through its fastener products, driving incremental growth. The strong prospects for wind power capacity expansion, with increasing contributions to renewable energy, are expected to drive the company's earnings growth. Given these factors, long-term investors may consider subscribing to the company's IPO.

Bajaj Finance and Bajaj Finserv, aims to raise approximately Rs 6,560 crore through the public offer. This will consist of Rs 3,560 crore from a fresh equity sale and Rs 3,000 crore from an offer for sale (OFS). The price band for the issue will be announced soon.

Indian IPO market has witnessed a notable upswing recently, driven by strong market sentiments and robust macro environment. In the upcoming week, two companies are gearing up to launch their IPOs, one in the mainboard and the other in the SME segment. In the mainboard segment, the public offer of Gala Precision Engineering will open for subscription next week, while Jeyyam Global Foods will unveil its IPO for investors in the SME space.