The initial public offering (IPO) of Greenhitech Ventures Ltd, a small and medium enterprise (SME), launched today, Friday, April 12, and was quickly met with high demand from investors. The IPO was oversubscribed five times within hours of its debut, according to BSE data as of 12:10 pm. The Greenhitech Ventures IPO received bids for … Read more
The Bharti Hexacom IPO has been highly anticipated due to the company’s association with the well-known Airtel brand and its involvement in the telecommunications industry. The IPO received strong interest from investors, reflected in its oversubscription rate of around 30 times the initial offer. Based on expert predictions, Bharti Hexacom’s IPO is expected to list … Read more
Aluwind Architectural, a company specializing in aluminum products, made its market debut on the NSE SME platform on April 9, listing at Rs 45. Contrary to the expectations seen in the grey market, where shares were commanding a premium of Rs 5, the listing of Aluwind Architectural witnessed a flat performance. The grey market facilitates … Read more
In a remarkable debut on the NSE SME platform, Creative Graphics Solutions commenced trading at Rs 175, marking a substantial 106% premium over its issue price of Rs 85. The stock’s strong performance outpaced expectations, with its grey market premium already at 77.65% before listing. The IPO, valued at Rs 54.40 crore, garnered exceptional interest … Read more
Investors are on the edge of their seats as they await the finalization of Bharti Hexacom IPO allotment, scheduled for today, April 8. The allotment status will be available on the registrar’s portal managed by Kfin Technologies Ltd. The IPO, floated by Bharti Airtel’s subsidiary company, garnered substantial interest from both retail and non-institutional investors … Read more
In the upcoming week, the primary market is set to experience a momentary pause, with no new mainboard IPOs scheduled after the blockbuster debut of Bharti Hexacom’s mega IPO, which marked the dawn of the new fiscal year. However, amidst this brief hiatus, the small and medium enterprises (SMEs) segment will continue to thrive, as … Read more
The subscription phase for the Bharti Hexacom IPO, the parent company of the ‘Airtel’ brand, concluded last Friday after a three-day bidding window from April 3rd to 5th, 2024. While retail investors showed subdued interest, the IPO witnessed strong demand from Qualified Institutional Buyers (QIBs) on the final day. Nevertheless, the grey market for Bharti … Read more
On April 4, the second day of bidding for the public issue of Bharti Hexacom, investors showed promising interest by subscribing to 1.62 crore shares, equivalent to 0.40 times the total issue size of 4.12 crore shares. Leading the charge were retail investors, who secured 0.61 times the portion reserved for them. Following closely were … Read more
In the coming months, investors can expect a significant influx of shares worth Rs. 1.47 lakh crore ($17.7 billion) flooding the domestic market as lock-in periods expire for 66 companies, spanning from April to July 2024. Among these companies are notable names like Tata Technologies, Exicom Telesystems, IREDA, Honasa Consumer (Mamaearth), and JSW Infra, each … Read more
During the two-day IPO period, SRM Contractors witnessed significant enthusiasm from both retail and non-institutional investors (NIIs). The subscription window, which commenced on Tuesday, March 26, concludes today, Thursday, March 28. As per data from the BSE, the subscription status of the SRM Contractors IPO stood at 17.42 times on the second day. Notably, the … Read more
The SRM Contractors IPO commenced on Tuesday, March 26, with a robust initial response, and is scheduled to conclude on Thursday, March 28. Based on BSE data, the total subscription status for the SRM Contractors IPO stood at 3.56 times on Day 1 of the subscription period. Notably, the non-institutional investors (NIIs) segment witnessed strong … Read more
Maharashtra-based non-banking finance company (NBFC) Manba Finance has taken a significant step forward in its growth trajectory by filing papers with the capital markets regulator to initiate an initial public offering (IPO). The IPO, exclusively comprising a fresh issue of 1,25,70,000 shares, marks a pivotal moment for Manba Finance as it seeks to raise funds … Read more
The Signoria Creation IPO opened for subscription on Tuesday, March 12, and will close on Thursday, March 14. Priced in the range of ₹61 to ₹65 per share of face value ₹10 each, the IPO offers a lot size consisting of 2,000 shares. Investors can bid for a minimum of 2,000 shares and in multiples … Read more
The initial public offering (IPO) of Gopal Snacks Limited concluded on Monday, March 11, 2024, with an impressive overall subscription of 9.50 times. The IPO, worth Rs 650 crore, was open for public subscription from Wednesday, March 6, 2024. Investors showed significant interest in the IPO, with bids received for 10,80,83,438 shares against the 1,13,81,955 … Read more
The initial public offering (IPO) of Gopal Namkeen Limited, which commenced on March 6, 2024, is set to close today, March 11, 2024. Investors have until the end of the day to apply for the public issue. The price band for the Gopal Snacks IPO is fixed at ₹381 to ₹401 per equity share, with … Read more
The upcoming week promises to be incredibly busy for primary market enthusiasts, with eight initial public offerings (IPOs) slated to open for subscription, featuring two mainboard issues. Moreover, Dalal Street is bracing for the highly anticipated debuts of nine new shares. In the previous week, JG Chemicals Ltd, RK Swamy Ltd, Mukka Proteins, Sona Machinery, … Read more
Seven New IPOs Set to Launch Next Week
Investors in the RK Swamy Limited initial public offering (IPO) are on the edge of their seats as they await news on the RK Swamy IPO allotment date, which is expected imminently. Following the closure of bidding on March 6, 2024, anticipation is high for the final allocation of shares, with market experts suggesting that … Read more
The highly anticipated IPO listing of Mukka Proteins has been officially scheduled for Thursday, March 7th. Following the finalization of the IPO allotment, today, Wednesday, March 6th, marks the commencement of the share crediting process to demat accounts for the fortunate recipients. Simultaneously, for those investors who were not allocated shares, the refund process will … Read more
Today, on Wednesday, March 6, Gopal Snacks IPO commences its subscription period, which will extend until Monday, March 11. The Rajkot-based company has successfully garnered ₹193.94 crores from anchor investors. Notably, on Tuesday, March 5, the company disclosed to the bourses that it allocated 48,36,657 equity shares to anchor investors at a price of ₹401 … Read more