Ola Electric’s IPO to Open on August 2: Price Band Set to INR 72-76
Ola Electric, under the leadership of Bhavish Aggarwal, is preparing to initiate the anchor book for its highly anticipated IPO on August 1. The IPO aims to raise approximately $740 million through a mix of fresh issues and an offer-for-sale (OFS), positioning Ola Electric for a post-money valuation of $4 billion to $4.25 billion.
Read more
Akums Drugs and Pharmaceuticals IPO Opens on July 30: Shares Worth INR 1857 Cr on Offer
Delhi-based Akums Drugs and Pharmaceuticals, a leading contract development and manufacturing organisation (CDMO), is set to launch its initial public offering (IPO) on July 30, with a price band of INR 646-679 per share. The IPO comprises a fresh issuance of shares worth INR 680 crore and an offer-for-sale (OFS) of 1.73 crore equity shares by existing shareholders.
Read more
Ola Electric’s IPO may be valued at USD 4.5 Billion: 20% up from last funding
Ola Electric plans to launch its IPO at a reduced valuation of $4.5 billion, raising INR 5,500 crore amid intensified competition and strategic cost-cutting measures. This significant tech IPO signals a resurgence in public market debuts for new-economy companies.
Read more
Strong Investor Demand for Four IPOs on Second Day of Subscription
All four IPOs – Sati Poly Plast, Prizor Viztech, Aelea Commodities, and Three M Paper Boards – witnessed strong investor demand on their second day of subscription. Sati Poly Plast led the way with a 129.20 times subscription.
Read more
SEBI Clears IPO Proposals for SoftBank’s Portfolio Firms FirstCry and Unicommerce
SEBI has approved IPO proposals for FirstCry and Unicommerce, SoftBank's portfolio firms. FirstCry has plans to mop up USD 218 million through the issuance of fresh shares, while another USD 500 million will be mobilised through primary and secondary sales of shares. The IPO of Unicommerce will entirely be an OFS by existing investors to garner ₹480-490 crore.
Read moreAdvertisement
Nephro Care Launched its IPO: Check Why Is It Fully Subscribed Just Within Hours of Opening
Nephro Care India Limited launched its IPO to fund a new hospital in Kolkata. It saw a huge demand on the D-Street. The IPO was subscribed 9.17 times on the first day. The Grey Market Premium was of INR 100. Investors are highly confident for this IPO, which shows a strong listing.
Read more
Akiko Global services launches IPO: Check IPO dates, price band and other details
Akiko Global Services launched an IPO on June 25, Tuesday. The price band is INR 73 TO INR 77. The company aspires to raise INR 23.11 crores with a lot size of 1,600 shares. The IPO was launched on June 25 and will close on June 27.
Read more
Stanley Lifestyles’ INR 537-Crore IPO to Close Today: Should you apply or not?
Stanley Lifestyles' INR 537-crore IPO is open until June 25,2024. It is recommended by various big analysts due to industry growth and strong brand recognition. Stanley Lifestyles plans to use these funds for expansion and renovations. Allotment is on June 26, 2024 with listing on June 28, 2024.
Read more
Jio Infocomm May soon go for IPO – Seeking $100 B Valuation – INR 1200/Share – Reports
Jio, which was launched in 2016 and gained a huge subscriber base thanks to its pricing strategy, is reportedly delaying plans to go public in 2020 as 13 foreign investors invest about $57 billion to $64 billion
Read more
Beacon Trusteeship’s IPO shall open on May 28, Check all Details of IPO Here
The Beacon Trusteeship IPO shall open on May 28, 2024 and close on May 30, 2024. The price band is INR 57 to INR 60 while GMP is INR 65. According to CoKaCo, the financial parameters of the company reflect the positive financial condition of the company.
Read moreAdvertisement
National Stock Exchange (NSE) Awaits SEBI Approval for IPO
The NSE has also clarified that it won't acquire the National Commodities and Derivatives Exchange (NCDEX). Instead, it privately wants to take the route of widening its portfolio of products as new commodity derivatives contracts
Read more
Cloud and Data Security Startup Rubrik, Inc. Files for IPO: Shares to List in NYSE
Reports suggest the Rubrik may seek to raise between USD 500 million to USD 700 million in its IPO. Details regarding the size and price of Rubrik’s shares will be disclosed in a subsequent filing.
Read more
Maharashtra-Based Supermarket Chain Patel Retail Limited Files Draft Papers to SEBI for IPO
From the proceeds of the IPO INR 60 Cr will be utilized towards repaying certain borrowings, while INR 115 Cr is earmarked for funding working capital requirements
Read more
Shapoorji Pallonji Group’s Construction Arm Afcons Infrastructure Files DRHP to SEBI for INR 7000 Cr IPO
Expert says, Afcons Infrastructure's upcoming IPO may be valued at INR 19000 Cr to INR 20000 Cr according to their expectations. The promoter entity – Goswami Infratech Pvt. Ltd. – will sell INR 5750 Cr which will come through the Offer-For-Sale (OFS) mechanism
Read more
SRM Contractors Limited Enters the Indian Primary Market with an IPO
The GMP was INR 67 per share, and the company has set a price band of INR 200 to INR 210, and post IPO, the shares are expected to be listed on 3rd April 2024
Read moreAdvertisement
Paras Healthcare Eyes IPO Worth INR 1,000 Cr for Expansion and Shareholder Exit
Paras Healthcare presently operates seven multi-super speciality hospitals branded as 'Paras Health.' With a total of 1,700 beds across locations in Haryana, Bihar, Rajasthan, Jharkhand, and Jammu & Kashmir
Read more