IPO Financial News

₹44 per share. Step 1: Log in at direct Cameo Corporate Services link — https://ipo.cameoindia.com/ Step 2: Choose "Shivam Chemicals IPO" under the company name field. Step 3: Add "PAN Number, Beneficiary ID, or Application No./CAF No." Step 4: Click at 'Search' You will be able to view your Shivam Chemicals IPO status.

Rahul Jain, VP, Dolat Capital, says the competitive intensity could be slightly different once the Swiggy IPO happens because the objective of achieving profitability was more important from a IPO perspective and once that happens, the competitive landscape may become slightly larger from post listing perspective. It seems like Swiggy is all set, at least got the shareholder nod for that mammoth IPO in the offing which all of us have been waiting for. But in terms of valuation, how do you think it stacks up to Zomato because even Zomato valuations have quite peaked out in the last one year or so? Rahul Jain: When it comes to valuation, we have seen there is a significant rise and that was due to two reasons – one, of course the way the Blinkit business has scaled up and looks like a second optionality for the Zomato shareholders beyond the food ordering business and of course the path to profitability which they have been guiding and consistently achieving those objective in a time frame which they have been identifying.

demat accounts will get the shares. Also Read: JNK India IPO: Issue subscribed 28.13 times on the last day of bidding process led by QIBs, NIIs. Check GMP The initiation of the refund process will start on Monday, April 29, for individuals not given shares.

The IPO comprised fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent ascent to record highs and positioning itself as a preferred fundraising destination for companies outside Japan. Under a new initiative, the exchange is working with banks and other partners to select a few startups from other parts of Asia this summer to help them grow their business for potential initial public offerings down the road, said Hiromi Yamaji, group chief executive of Japan Exchange Group, the parent company of the Tokyo exchange. “We want them to use the Japanese market as a springboard to become a global company," Yamaji said in a recent interview.

₹6.36 lakhs. TAC Infosec share price today were locked at 10% upper circuit, the stock opened at ₹518 apiece on NSE, it touched an intraday high of ₹530.05 and an intraday low of ₹509.

₹3,750 crore ($450 million) in fresh capital, as well as an offer-for-sale (OFS) component worth up to ₹6,664 crore ($800 million), said ET in its report. “...the consent and approval of the shareholders of the company be and is hereby according to create, issue, offer, allot and/or transfer of its equity shares up to an aggregate of ₹37,501 million by way of a fresh issue of equity shares and an offer for sale of such number of equity shares up to an aggregate amount of ₹66,640 million by certain existing shareholders…," the filing read, according to ET news report.

Chalet Hotels and The Indian Hotels Company (IHCL). On Lemon Tree Hotels, Kotak has maintained a ‘reduced’ stance. Average hotel room rates in India rose 14% on a year-on-year basis to Rs 7,560 per day in February while the exit room rate stood at Rs 8,900/day witnessing a 7% YoY uptick.

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Hong Kong’s stock market used to be the world’s top equity fundraising venue. Not anymore: In the number one spot as recently as 2019, it didn’t even break the top five in 2023 according to Dealogic. But the market is up 6% this week, its best performance this year, in the wake of proposed regulatory changes.

TBO Tek received regulatory nod from Sebi to raise funds through an IPO. The issue includes fresh equity of Rs 400 crore and an offer for sale of up to 1.56 crore shares. The company had filed a draft prospectus in November last year.

IPO) of JNK India will open for subscription today and will close on April 25. The company plans to raise around Rs 650 crore through the issue. The IPO comprises fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

IPO of Emmforce Autotech will open for subscription on Wednesday and will close on April 25. The company aims to raise nearly Rs 54 crore through the SME IPO and list the shares on the BSE SME platform. Ahead of the issue opening, the company has raised around Rs 15 crore from anchor investors, under which 1.56 million shares were offered at Rs 98 each. Marquee investors including BofA Securities Europe, and Astorne Capital and others bought into the anchor book

Vodafone Idea sailed through on Monday, the last day of the bidding process, driven by healthy interest from institutional and non-institutional investors, both of which are fully subscribed. However, there was little demand from retail investors as the category was booked at just 43%. The Rs 18,000 crore FPO, which opened on April 18, closes today.

The venture fund is a recently launched private venture capital vehicle managed by Seraphim Space Manager, which has acquired the nine holdings for a total consideration of £3.9m. SSIT will receive an interest in the venture fund to settle the transaction, it said. The early-stage portfolio comprises investments made by the trust since its IPO in July 2021, which have been valued by independent agent Azets to be worth around £3.8m, as of 31 December 2023, and adjusted for accrued loan interest for the three months of 2024. Blackstone mounts $1.5bn counterbid for Hipgnosis Songs Fund ...

JNK India IPO: The initial public offering (IPO) of JNK India Limited has hit the Indian primary market today. The mainboard public issue will remain open till 25th April 2024. The company has fixed the JNK India IPO price band at ₹395 to ₹415 per equity share.

₹15,200 crore. This compares with a positive figure of ₹6,700 crore during FY23. Not without reason.

MUMBAI : The BSE SME IPO index scaled a record high of 63,751.82 points early Tuesday, lifting its market capitalization to ₹1.52 trillion and marking a significant resurgence from the slump witnessed in March. The BSE SME IPO index had plunged 11.2% after Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India, raised concerns regarding the stretched valuations of smallcap and midcap stocks. Market experts warned that investors should not get caught up in the exuberance of the stock market.

₹95, indicating strong 90% listing gains for the Investors The IPO had opened for subscription on 12 April, 2024 and closed on 16 April, 2024. The Investors had been anticipating strong opening and significant listing gains as was evident from Grey Market premium and subscription numbers. Greenhitech Ventures IPO subscription was subscribed 769.95 times by day 3.

JNK India IPO announces price band at ₹395-415 per share; check issue details, key dates, more From the fiscal year ending on March 31, 2023, compared to the previous year ending on March 31, 2022, JNK India saw a 38.5% increase in revenue and a 28.84% rise in its profit after tax (PAT). The company plans to utilize the net proceeds for various purposes, including covering general corporate needs and meeting working capital requirements, among other objectives. JNK India IPO date: The public issue will open for subscription on Tuesday, April 23, and will close on Thursday, April 25.

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than Rs 1,500 crore through an initial public offering (IPO). The IPO consists of a fresh issue of equity shares aggregating up to Rs 1500 crore and an Offer for Sale (OFS) of up to 2,82,00,000 shares by the selling shareholders.