After fund raising via anchor book, the part of QIBs, the offer size has been reduced to 1.52 crore shares, from 2.12 crore shares earlier.
IKIO Lighting, in an exchange filing, said it has finalised allocation of 63.84 lakh equity shares to anchor investors, at a price of Rs 285 per share, the upper price band.
Nexus Select Trust REIT IPO: Most brokerage houses have a 'subscribe rating', as they cite attractive valuations, best-in-class assets, and no listed real estate investment trusts in the retail sector in India
Geojit has come out with its report on Nexus Select Trust. The research firm has recommended to “ Subscribe ” the ipo in its research report as on May 06, 2023.
Mankind Pharma IPO final day: Qualified institutional buyers investors have bid 5.97 times their allotted quota, while the part set aside for high networth individuals has been subscribed 1.63 times
Mankind Pharma IPO | The issue comprises only an offer for sale of over 4 crore shares and there is no fresh issue portion. Hence all the money will go to selling shareholders (promoters and investors) and the company will not receive funds from the offer.
ICICI Direct has come out with its report on Mankind Pharma. The research firm has recommended to “ Subscribe ” the ipo in its research report as on April 24, 2023.
Geojit has come out with its report on Mankind Pharma. The research firm has recommended to “ Subscribe ” the ipo in its research report as on April 21, 2023.
Mankind will finalise the IPO share allotment by May 3. The refunds will be credited to the bank accounts of unsuccessful investors by May 4, while the shares will be transferred to demat accounts of eligible investors by May 8.
Avalon Technologies IPO | Overall, EMS industry is expected to grow at a CAGR of 32 percent to reach Rs 4.5 lakh crore by FY26, from Rs 1.47 lakh crore in FY22.
Anand Rathi has come out with its report on Avalon Technologies. The research firm has recommended to “ Subscribe- Long term ” the ipo in its research report as on April 03, 2023.
Among the risks, any increase in the cost of raw materials or components, or any delay, shortage, or interruption in the supply of raw materials and major production inputs may adversely affect the business.
The Rs 865-crore public issue will be opening for subscription on April 3, with a price band of Rs 415-436 per share. This would be the first IPO in the new financial year 2023-24.
Udayshivakumar Infra IPO: The Karnataka-based road construction company aims to raise Rs 66 crore through the issue
The Rs 66-crore maiden public issue comprises only a fresh issue component, which may be other reason for getting good response.
Udayshivakumar Infra, which primarily operates in Karnataka, will close its IPO on March 23.
The Karnataka-based road construction company is planning to raise Rs 66 crore via public issue at higher end of price band of Rs 33-35 per share.
Udayshivakumar Infra is 100 percent owned by promoter. Chairman and Managing Director Udayshivakumar owns 98.97 percent stake in the company and the 1 percent shares are being held by his wife Amrutha.
Global Surfaces IPO | The IPO comprises a fresh issuance of 85.20 lakh shares and an offer for sale of 25.5 lakh shares by selling shareholders.
Global Surfaces IPO | Currently, its shares in the grey market attract 10-20 percent premium over its upper price band of Rs 140 per share despite global cues-led sharp correction in equity markets, analysts said.
The natural stones processing company is planning to raise Rs 155 crore through the offer at the upper end of the price band of Rs 133-140 a share
Global Surfaces will open its maiden public issue for subscription on March 13, with a price band of Rs 133-140 per share.
Share allotment is expected to be finalised by March 9 and the company will make its market debut on March 14
The share sale received bids for 14,49,000 shares as against 38,41,800 shares on offer, according to NSE data.
Ajcon Global has come out with its report on Divgi Torqtransfer Systems. The research firm has recommended to “ Subscribe ” the ipo in its research report as on March 01, 2023.