Harsha Engineers grey market premium falls nearly 60% ahead of listing today
The Rs 755 crore issue was subscribed nearly 75 times. The issue consists of a fresh issue of Rs 455 crore and an offer for sale of up to Rs 300 crore by shareholders and promoters.
Electronics Mart IPO to run from October 4-7, eyes Rs 500 crore fundraise
Anchor investors can place their bids on 3 October. The finalisation of the basis of allotment will take place on 12 October and shares will be credited to the demat account of successful bidders on 14 October.
SEBI may step up disclosure requirements for IPOs of new-age companies
SEBI may also ask companies to provide key performance indicators (KPIs) in their offer documents.
Divgi Torqtransfer files draft papers to raise funds through IPO
The company is the one of the leading players supplying transfer case systems to OEMs in India. It is also the largest supplier of transfer case systems to major passenger vehicle manufacturers.
Blackstone picks 6 lead I-banks for India's first retail mall REIT IPO for $2.5-billion portfolio
Nexus Malls is the Indian retail portfolio arm of the Blackstone Group and made its entry into the Indian market in 2016. According to its website, Nexus Malls, the largest mall operator in the country, has a portfolio of close to 10 million square feet of Grade A retail space
What should you do with Tamilnad Mercantile Bank shares after lacklustre listing?
The IPO had received a subscribe rating from the brokerages, given the strong financials, The IPO received a ‘subscribe’ rating from securities firms, given the bank’s strong financials, improving asset quality with declining non-performing assets and growing deposits.
Harsha Engineers IPO opens today. Should you subscribe?
Most analysts are positive about the issue thanks to the diverse product portfolio and strong expertise of Harsha Engineers. They advise investors to apply for the IPO.
Investors shrug off inflation worries, drive Nifty to scale 18,000 level
At the open, the BSE Sensex hit a high of 60,551 points, while the Nifty 50 touched the 18,000 mark for the first time since April. The rupee strengthened 0.54 percent to hit a six week high of 79.12 a dollar, while the 10-year bond yields dropped 4 bps to hit a near five-month low
Oyo, Snapdeal, Droom IPO plans await SEBI nod even after a year
The regulator said it is awaiting clarifications from the lead managers of these companies or has sought comments from other regulators and agencies
Harsha Engineers sets price band at Rs 314-330 a share for September 14 public issue
The IPO will open for subscription on September 14. The current grey market premium for the IPO stood at between Rs 140-150 a share
Harsha Engineers IPO opens for subscription on September 14
The IPO, which closes on September 16, consists of a fresh issue of Rs 455 crore and an offer for sale of shares worth up to Rs 300 crore
Vaibhav Jewellers files draft IPO papers with Sebi to raise funds
The IPO consists of a fresh issue of Rs 210 crore and an offer for sale of upto 4.30 million shares by its existing promoter Grandhi Bharata Mallika Ratna Kumari (HUF)
As Tamilnad Mercantile Bank IPO opens today, should you subscribe?
Most analysts said retail investors should apply for the IPO citing consistent financial performance and healthy asset quality. At the same time, a few are cautious in the short term as they see a couple of risks.
Tata Play may soon file draft papers for $400 million IPO: Report
Tata Sky rebranded itself in January this year as Tata Play to expand its television-cum-OTT offerings in combined packages
IDBI Bank and NSE-backed NSDL may pick 7 i-banks for 2023 IPO
Established in 1996, NSDL, which is led by MD & CEO Padmaja Chunduru, provides a bouquet of services to investors, stock brokers, custodians and issuer companies through its nationwide network of Depository Partners. Peer CDSL got listed back in 2017 and made a bumper market debut.
Bajaj Finance and Adani Transmission drive LIC out of 10 most valued companies league
Bajaj Finance and Adani Transmission have replaced LIC on the list of top 10 most valued firms with a market cap of Rs 4.4 trillion each
Tamilnad Mercantile Bank sets price band of Rs 500-525 a share
One of the oldest private sector banks in the country, Tamilnad Mercantile Bank offers a range of banking and financial services primarily to micro, small and medium enterprises, agricultural and retail customers.
Tamilnad Mercantile Bank IPO opens for subscription on September 5
The Thoothukudi-based private lender plans to use the proceeds towards augmenting its tier–I capital base to meet its capital requirements
Balaji Solutions files draft papers to raise funds through listing
Balaji Solutions files draft papers with SEBI to raise funds via IPO
Rakesh Jhunjhunwala | Of 32 stocks and a net worth of Rs 32,000 crore
In June quarter 2022, his net worth was at around Rs 25,425 crore, down 25 percent, the steepest fall since March 2020, from Rs 33,754 crore a quarter ago
Avalon Tech files draft papers to raise Rs 1,025 crore through listing
The IPO consists of a fresh issue of Rs 400 crore and an offer for sale of upto Rs 625 crore by its existing shareholders and promoters.
China primary market trounces the world with record $58 billion boom
China’s IPO market has defied headwinds such as rising interest rates and fears of a US recession, which have brought major equity fundraising elsewhere to a virtual standstill
Gujarat Polysol Chemicals, PKH Ventures get Sebi's go ahead to float IPOs
The two companies, which filed preliminary IPO papers with Sebi in March, obtained "observation" letters from the regulator during July 18-22, an update with the markets watchdog showed on Monday.
Gurugram-based property developer Signature Global India files draft papers for Rs 1,000 crore IPO
Proceeds worth Rs 330 crore from the issue will be used to repay debt of the firm. As of May, Signature Global's total debt stood at Rs 537.96 crore.
