IPO Financial News

Bharti Hexacom will be listed on the exchanges on Friday. Ahead of the debut, the company's shares are trading with a premium of Rs 90 in the unlisted market. Considering the upper price band of Rs 570, the stock is expected to list at a 16% premium to the issue price.

Multibagger stock: Cellecor Gadgets share price listed on the NSE SME Emerge platform at the end of September 2023. The SME stock had a flat listing as it listed on NSE at ₹92 apiece, against the NSE SME IPO's price band of ₹87 to ₹92 per equity share. Cellecor Gadgets IPO was launched in mid-September 2023 to generate ₹50.77 crore from this book build issue.

₹17.58 lakhs as of today. On Wednesday, April 10, RBM Infracon shares did not trade on the NSE in the first half. According to analysts, it could be as a result of a buying freeze.

₹350 each, valuing the company at ₹80,000 crore." Previously, according to regulatory filings, US-based asset management company (AMC) Invesco has increased Swiggy's valuation by 19 per cent to $12.7 billion ahead of its anticipated IPO. Invesco had spearheaded a $700 million funding round for the food delivery startup in January 2022, valuing it at $10.7 billion. Also read: Swiggy gears up for IPO: Food aggregator converts to public limited company ahead of IPO, plans to raise $1 billion Following that, Baron Capital, an investor in the company, assessed Swiggy's fair value at $12.2 billion as of March 2024, thereby giving a significant lift to the startup gearing up for its IPO.

₹50 apiece of face value of ₹10 each. Greenhitech Ventures IPO will open for subscription on Friday, April 12, and close on Tuesday, April 16.

IPO of Teerth Gopicon was subscribed 16 times so far on Wednesday, the third day of the bidding process. The issue received bids for 6.61 crore shares as against 39.9 lakh shares on offer. The IPO is entirely a fresh equity issue of 39.99 lakh shares and through the issue, the company aims to raise nearly Rs 44 crore.

Holani Venture Capital Fund to capitalize on investment opportunities within the SME sector. The company's focused approach and deep understanding of the SME landscape enable it to identify promising businesses with high growth potential in SME segment The fund to contribute to the growth of the SME ecosystem. Mumbai (Maharashtra) [India], April 9: Holani Venture Capital Fund, a fund promoted by a renowned name in the investing realm, The Holani Group, has received a communique from the Securities and Exchange Board of India (SEBI) for registration of its Alternate Investment Fund, enabling it to operate as a Equity Fund house. This landmark communication marks a significant milestone for the Holani Group, signaling its foray into the realm of fund management and investment.

₹2,043 crore from a year earlier, as per the company's latest filings sourced from Tofler. Fractal Analytics reported a profit of ₹194 crore in FY23 from a loss of ₹148 crore a year earlier. It benefited from an exceptional item gain from the loss of control of a subsidiary company, as per the company's filings.

Toncoin (TON) reaches a new all-time high amid speculation that Telegram’s founder may consider an initial public offering (IPO).

The report that was released recently reports 7-12% annual salary increases within current jobs. Manufacturing and operations roles are in demand, so are talents for data, generative AI and machine learning roles. Sustainability and compliance skills have become hot topics in hiring. Renewables, electric vehicles (EVs) and the auto sector are expected to be in focus. Global capability centres (GCCs) are seeing a talent increase, it says. Senior-level hiring and salary insights

₹120 apiece of face value of ₹10 each. Grill Splendour Services IPO will commence subscription from Monday, April 15, and end on Thursday, April 18. Grill Splendour Services Ltd IPO lot size consists of 1,200 shares.

₹5,961 crore, up nearly 167% from a year ago, while the mainboard IPO mop-up rose a more sedate 20%. This follows ₹965 crore, ₹244.28 crore and ₹436 crore that SMEs raised in the three previous fiscal years. The trend signifies the growing confidence of investors in the potential of SMEs and their ability to generate strong returns.

BofA Securities has invested in TAC Security, a recent debutant on the NSE SME platform, through its fund – BofA Securities Europe SA. Anchor investor NAV Capital VCC has also added more shares of TAC Security to its portfolio. Marquee investors, including Astorne Capital VCC, Beacon Stone Capital VCC – Beacon Stone I, Zinnia Global Fund PCC – Cell Dew Cap Fund and LC Radiance Fund VCC subscribed to the anchor book ahead of the IPO.

MUMBAI : Mumbai: New-age lender Veritas Finance Pvt. Ltd is preparing to raise ₹2,000 crore from an initial public offering, and has appointed Kotak Mahindra Capital Co., Jefferies, HDFC Ltd and ICICI Securities to help it with the share issue, three people with knowledge of the development said. Last year, the Chennai-based non-banking financial company had raised ₹1,200 crore in equity funding from Multiples PE and International Finance Corporation, among others, to expand access to capital for India’s micro, small and medium enterprises (MSMEs).

Swiggy has converted itself into a public limited company, ahead of an expected stock market listing later this year, according to documents filed with the Registrar of Companies (RoC). The name of the food-delivery and quick-commerce major's holding company has been changed from Swiggy Private Limited to Swiggy Limited. The change comes as the firm is expected to file a draft red herring prospectus in the next few months, with an estimated $1-billion public listing on the cards towards the end of the year.

Zerodha's Nithin Kamath on Monday said the broker is doing everything in its capabilities to support non-profit organisations to raise funds from the public. A social stock exchange allows the listing of not-for-profit organisations on stock exchanges that provides an alternative fund-raising structure. So far, six non-profit organizations have raised money, and Zerodha is said to have supported them.

₹5,000 crore through the public issue. It had submitted its draft papers in February this year. Previously, in January 2021, Aadhar Housing submitted draft papers to Sebi, receiving approval from the regulator in May 2022 to raise slightly above ₹7,000 crore.

₹100 apiece. The IPO lot size for DCG Cables & Wires Ltd IPO is 1,200 shares.

₹44.39 crore from the fixed-price IPO and its shares are set to be listed on the NSE Emerge. Also Read: Bharti Hexacom IPO allotment to be finalised today; latest GMP, step-by-step guide to check status Let us check Teerth Gopicon IPO GMP, subscription status and other key details: Teerth Gopicon IPO has been subscribed 1.09 times so far on Monday, the first day of the bidding process. The public issue received bids for 41.24 lakh equity shares as compared to the offer size of 37.99 lakh shares, as per data available till 2:20 pm.

Jay Kailash Namkeen listed on the BSE SME platform with a premium of 16.43% over the issue price. The stock debuted at Rs 85, compared with an offer price of Rs 73. Ahead of the listing, the company's shares traded with a premium of Rs 15 in the unlisted market.

Sensex and Nifty scaled fresh all-time peaks, the combined market capitalisation of all listed stocks on BSE hit the Rs 400 lakh crore milestone for the first time ever on Monday. With retail investors shifting their savings from traditional investment avenues, BSE’s m-cap has seen a growth of Rs 100 lakh crore in just 9 months. The Rs 300 lakh crore mark was touched on 5 July 2023 when Nifty was at 19,400-level. Since then the index is up over 16% and scaled a fresh peak of 22,623.90. The rally has been much sharper in smaller stocks with hundreds of small and midcap stocks giving multibagger returns.