IPO Financial News

01.07 / 06:59

UPS IPO Booking band reports Department IREDA shares surge nearly 6% after sanctioned loans amount jumped nearly 5 times

Indian Renewable Energy Development Agency (IREDA) rose 6% to the day’s high of Rs 202 on the BSE after the company reported significant growth of 382.62% and 67.61% on a year-on-year (YoY) basis in its sanctioned loans and loan disbursements, respectively. For the first quarter of FY25, the company recorded loan sanctions of Rs 9,136 crore, compared to Rs 1,893 crore in the corresponding quarter of the previous year. Meanwhile, loan disbursements for the quarter amounted to Rs 5,320 crore.

01.07 / 04:33

markets UPS IPO Provident security show Health insurer Niva Bupa files for Rs 3,000 crore IPO

Niva Bupa has filed for an initial public offering (IPO) to raise up to Rs 3,000 crore (nearly $360 million), draft papers showed on Monday. The company, majority-owned by British United Provident Fund (Bupa), said it will issue fresh shares worth up to eight billion rupees as part of the offering.

30.06 / 13:59

markets IPO FIVE Sustainability Parke show reports A.P. Moller Capital leads fray to buy GIP's stake in Pristine Logistics

ET Infra had earlier reported that A.P. Møller Capital P/S, part of the A.P. Moller Group, is said to be among entities seeking to buy GIP's Pristine Logistics stake.

30.06 / 08:03

markets IPO FIVE Hyundai wellness Features Sporting Hyundai's journey in India has been through SUVs

₹25,000 crore, its initial public offering (IPO) is slated to be the biggest-ever IPO to hit the Indian markets. Its core investment premise is the fundamental shift that has unfolded in the Indian passenger vehicle market and Hyundai’s place in it. By revenue, Hyundai Motor is the third-largest passenger vehicle company in India, behind Maruti Suzuki and Mahindra and Mahindra, with revenues of ₹60,310 crore in 2022-23 and ₹52,158 crore for the 9-month period ended December 2023.

30.06 / 07:01

markets IPO Provident Booking Manufacturing country cover Gujarat-based packaging equipment firm Mamata Machinery files IPO papers with Sebi

capital markets regulator Sebi to float an initial public offering (IPO). The Gujarat-based company's initial share sale is entirely an offer for sale (OFS) of 73.82 lakh equity shares by promoters, according to the draft red herring prospectus (DRHP). Those selling shares under the OFS are Mahendra Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP, and Mamata Management Services LLP.

29.06 / 07:01

markets UPS IPO wellness Healthcare Trade 73% IPOs trading above issue price as primary market shines in H1, four turn multibaggers

market continued its momentum through this year as well with as many as 34 listings so far in the first half. This was higher than the debuts seen in H1 of previous year. The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors' reception also remained positive with only one failed IPO.

29.06 / 05:23

markets UPS IPO Manufacturing band Pharmaceuticals IPO Calendar: Primary market gears up for another robust week as 3 companies look to raise Rs 2,700 cr

The IPOs of Emcure Pharmaceuticals, in which shark tank fame Namita Thapar is the Executive Director and Bansal Wire will open for subscription next week in the mainboard segment, while Ambey Laboratories is the sole SME issue.

29.06 / 02:47

markets Citi IPO Booking security band Stanley Lifestyles lists at 34% premium

Shares of Stanley Lifestyles listed at ₹494.95, a premium of 34.13% over its issue price of ₹369, on Friday. The stock recorded a high of ₹509.4 and closed at ₹479. The IPO consisted of a fresh issue of ₹200 crore and an offer for sale of 91.3 lakh shares aggregating to ₹337 crore on the upper price band. The offer was subscribed 96.98 times on its final day of bidding on June 25.

28.06 / 09:21

markets IPO Booking WhatsApp Experts IPOs won't be a no-exit entry, say experts after Sebi makes delisting easier

Sebi approved introducing a fixed price process for delisting companies from stock exchanges, market experts welcomed the move saying that in the earlier book-building regime listing had become a no-exit entry. «It is a good initiative by Sebi considering all those entities who attempted delisting in the past few years and were unsuccessful. These entities may attempt again for delisting. With the amended delisting framework now even if the entity fails to acquire 90% of total share capital but if the majority of public shareholders are ready to offer shares then the delisting process can be successful,» said Makarand M Joshi of corporate compliance firm MMJC & Associates.

28.06 / 07:31

UPS IPO Booking Manufacturing Strategy band Bansal Wire announces price band for its Rs 745 crore IPO. Check details

IPO) of Bansal Wire will open for subscription on July 3 and close on July 5. The company has fixed a price band of Rs 243-256 per share. At the upper end, the company plans to raise around Rs 745 crore. Investors can bid for 58 shares in one lot and in multiples thereafter.

28.06 / 07:31

markets IPO Manufacturing Trade band recommendations International Vraj Iron and Steel IPO subscribed nearly 40 times so far on last day. Check GMP and other details

The category reserved for non-institutional investors was subscribed the most at 94 times, followed by retail investors at 34 times and QIB investors at just over 9 times.

28.06 / 05:29

markets IPO Booking Manufacturing security Trade recommendations Allied Blenders and Distillers share allotment likely today. Here's how you can check status

Allied Blenders and Distillers received a robust response from investors for its IPO with an overall subscription of 24 times at close. The company will likely finalise the share allotment today. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website. Firstly, here's how you can know the status on BSE

28.06 / 05:03

UPS IPO Platform show performer Pint-sized IPOs become lottery ticket as small investors make up to 1,500% return

GMP), initial public offerings are driving FOMO (fear of missing out) like never before on Dalal Street. So far in the six months of the calendar year 2024, SME IPOs have skyrocketed over 1,500%. Out of the 110 SME IPOs that have listed in the first half of 2024, a vast majority of 87 have given positive returns while 43 of them have at least doubled money from their offer price, shows data pulled from the records of PRIME Database.

28.06 / 04:33

markets IPO Manufacturing band Updates International Pharmaceuticals Medicamen Organics shares make a bumper debut; list with 305% premium at ₹137.85 on NSE SME

₹137.85 apiece on NSE SME, a premium of 305.44% to the issue price of ₹34 per share.Medicamen Organics IPO listing was stronger than the market expectations. Medicamen Organics IPO GMP today ahead of the listing was ₹70 per share, indicating a listing premium of more than 205%.The initial public offering (IPO) of pharmaceutical dosages manufacturer Medicamen Organics Ltd was launched on June 21 and the bidding ended on June 25.

28.06 / 04:33

markets UPS IPO security Experts band Stanley Lifestyles share price makes a stellar debut, stock opens with 34% premium at ₹494.95 apiece on NSE

₹494.95 per share, 34.13% higher than the issue price of ₹369. On BSE, Stanley Lifestyles share price today opened at ₹499 apiece, up 35.23% than the issue price.Market experts anticipated Stanley Lifestyles share price to open in the range of ₹540 to ₹550 apiece.According to BSE data, 96.98 subscriptions have been received for the luxury furniture company Stanley Lifestyles' initial public offering (IPO) on Tuesday, June 25, the last day of subscriptions.

28.06 / 04:33

markets IPO Booking Manufacturing Experts performer recommendations Vraj Iron and Steel IPO day 3: GMP, subscription status to review. Apply or not?

Vraj Iron and Steel IPO price band of ₹195 to ₹207 per equity share, aiming to raise ₹171 crore from its public offer through the issuance of fresh shares. The strong subscription status in the primary market suggests a positive sentiment towards this mainboard IPO.

28.06 / 03:29

IPO band Pharmaceuticals Emcure Pharmaceuticals IPO: Price band fixed at ₹960-1,008 apiece; check GMP, issue details, more

₹960 to ₹1,008 per equity share of the face value of ₹10. The Emcure Pharmaceuticals IPO date of subscription is scheduled for Wednesday, July 3, and will end on Friday, July 5.

28.06 / 01:53

IPO WhatsApp band Allied Blenders IPO Subscribed 23.55 Times

IPO of Allied Blenders and Distillers was subscribed 23.55 times on Thursday, its final day of bidding. The retail investor category of the issue was subscribed 4.51 times while the qualified institutional investors category was subscribed 50.37 times.

28.06 / 01:43

markets IPO Research Experts audience innovations International Stanley Lifestyles IPO listing date today. GMP, experts see share listing price at robust premium

Stock market experts are predicting a robust premium for the Stanley Lifestyles IPO listing price, given the overwhelming response from primary market investors. Positive sentiments on Dalal Street are also expected to bolster the bull's sentiment regarding Stanley Lifestyles' share listing.

27.06 / 12:49

markets IPO Booking Experts recommendations Shivalic Power Control IPO allotment to be out soon: Here's how to check allotment status as focus shifts to listing

Shivalic Power Control IPO: The allotment for the issue is likely to be out soon. The Initial Public offer opened for subscription on Monday 24 June, 2024, closed on Wednesday 26 June'2024 received a strong response being subscribed 257.24 times.

27.06 / 10:39

IPO Booking Experts recommendations Vraj Iron and Steel IPO: From products to financials, here are 10 key things to know from RHP before investing

₹171-crore IPO is an entirely fresh equity share offering without any offer-for-sale component. Public subscriptions for shares are being accepted at prices between ₹195 and ₹207 per share.

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