Apex Frozen Foods, which is in the business of aquaculture products, today raised over Rs 43 crore from anchor investors ahead of its IPO, which opens tomorrow.
At the upper end, the shares can fetch up to Rs 152.25 crore while at the lower limit, the company will raise at least Rs 148.77 crore.
Aside has a sizeable presence in the middle east with 7 hospitals, 89 clinics and 202 retail pharmacies in the Gulf Cooperation Council (GCC) states . It also has 11 multi-speciality hospitals and 6 clinics in India, and one clinic in the Philippines as of 31 March.
Mahindra Group's logistics arm has filed draft papers with markets regulator Sebi to raise an estimated Rs 700 crore through an initial public offering.
State-run Cochin Shipyard targets to raise up to Rs 1,468 crore through its share sale offer. The price band for public issue of 3.3984 crore equity shares is fixed at Rs 424-432 per share.
The initial share sale offer of Cochin Shipyard was oversubscribed 3.16 times on the second day of the three-day bidding today.
Public sector unit Cochin Shipyard aims to raise up to Rs 1,468 crore through its share sale offer.
The initial share sale offer of Security and Intelligence Services (India) Limited (SIS) was oversubscribed 1.93 times on the second day of bidding.
We applied Buffett’s investing framework to see if the Cochin Shipyard’s IPO is worth applying for.
Most domestic brokerage firms have recommended investors to subscribe to the issue on account of attractive valuations, healthy order book, and low debt on books as well as quality management.
The IPO received bids for 19,96,380 shares against the total issue size of 53,16,187 shares, data available with the NSE showed.
In an interview to CNBC-TV18, Rituraj Sinha, Group MD at Security & Intelligence Services India spoke about the issue and the latest happenings in the company.
The state-owned shipyard company will enter the primary market with a public issue of 3.3984 crore equity shares on August 1. The price band for the issue is fixed at Rs 424-432 per share.
Debt repayment, employee cost changes, and operating margins in the cash & facility management service segments will be the decisive factors worth tracking in this fiscal.
Bids can be made for minimum 18 equity shares and in multiples of 18 shares thereafter. Equity shares are proposed to be listed on BSE and National Stock Exchange.
Security and Intelligence Services (India) Ltd (SIS) on Friday said it will launch an IPO on Monday and expects to raise up to Rs 780 crore, a part of which will go towards debt repayment.
Brokerages have largely highlighted the strong business model of the company along with presence in the organised sector in this space. Further, they said that the company will be able to leverage their leadership positions across several segments of security solutions.
The issue and the net issue will constitute 26.48 percent and 25.14 percent, respectively of the post issue paid-up equity share capital of the company.
The draft of IPO papers did not mention anything about Max Life merger in any form.
Godrej Industries arm Godrej Agrovet on Wednesday filed draft papers with markets regulator Sebi to raise an estimated Rs 1,000-1,200 crore through an initial public offering.
Matrimony.com and Shalby Hospitals have received markets regulator Sebi's approval to float initial public offerings.
HEM securities have come out with the research report on Shanti Overseas
HEM securities have come out with the research report on Captain Technocast
The IPO received bids for 90,63,94,500 shares against the total issue size of 33,21,000 shares, data available with the NSE till 1930 hours showed.