Catch Nandita Khemka in conversation with Randeep Narang, Managing Director & Chief Executive Officer, Transrail Lighting.
Kedaara Capital-backed hypermarket chain Vishal Mega Mart has raised Rs 2,400 crore from several global and domestic institutional investors via anchor book on December 10. The issue is open for public subscription and closes on December 13. The company targets to raise Rs 8,000 crore via the initial share sale, which comprises entirely an offer-for-sale of 102.56 crore equity shares by promoter Samayat Services LLP. The price band for the offer has been fixed at Rs 74-78 per share. Catch Nandita Khemka in conversation with Gunender Kapur, MD & CEO, Vishal Mega Mart.
Bajaj Housing Finance's Rs 6,560 crore initial public offering has opened for subscription and will run until Wednesday. Ahead of the IPO opening, the company has raised Rs 1,758 crore through the anchor book. Govt of Singapore, ADIA, Fidelity, Morgan Stanley, Nomura are some of the marquee names that have invested via the anchor book. Catch Nandita Khemka in conversation with Atul Jain, Managing Director of the company on growth plans and the future outlook.
The IPO of Unicommerce eSolutions, a SaaS platform, has opened up for subscription. The issue comprises a complete offer for sale of 2.5 crore equity shares, with an issue size of Rs 277 crore. Ace Vector (formerly Snapdeal) and Softbank are offloading their shares in the OFS. Catch Nandita Khemka in conversation with Kunal Bahl, Promoter and Non-Executive Director and Kapil Makhija, MD & CEO of the company on their growth aspirations and expansion plans.
Brainbees Solutions, which operates omnichannel businesses of kidswear under the brand name FirstCry, has set a price band of Rs440-465 a share for its initial public offerings. The issue opens on August 6, with anchor bidding starting on August 5. The IPO closes on August 8. Catch Nandita Khemka in conversation with Supam Maheshwari, Managing Director and CEO, Brainbees Solutions (Firstcry) to know more about their growth and expansion plans.
Allied Blenders and Distillers, the manufacturer of Officer's Choice whisky, has raised Rs 449 crore from institutional investors via anchor book on June 24. Nippon Life India, JM Financial Mutual Fund, LIC Mutual Fund, Jupiter India Fund, Troo Capital, BNP Paribas, and 360 One Special Opportunities Fund were among the leading investors in the anchor book. Among others, Goldman Sachs, Integrated Core Strategies (Asia), Societe Generale, Authum Investment and Infrastructure, Winro Commercial, MAIQ Growth Scheme, and LC Radiance Fund VCC also invested in the company. The IPO, comprising a fresh issue of shares worth Rs 1,000 crore and an offer-for-sale of shares worth Rs 500 crore by promoters is open for subscription. The final day for bidding the issue will be June 27. Catch Nandita Khemka in conversation with Alok Gupta, MD and Ramakrishnan Ramaswamy, CFO of the company to know more about the company’s expansion plans.
Online travel platform Ixigo plans to raise Rs 740.1 crore through its initial public offering, which set to open on June 10. The IPO consists of a fresh issue of 1.29 crore shares totaling Rs 120 crore and an offer for sale of 6.67 crore shares amounting to Rs 620.1 crore. The price band is set between Rs 88 per share and Rs 93 per share. The minimum lot size for retail investors is 161 shares, requiring an investment of at least Rs 14,973. The company has raises Rs 333Cr via its anchor book. Some of the marquee investors who subscribed to Ixigo's anchor book include Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, Government of Singapore, Tata Investment Corp. Catch Nandita Khemka in conversation with Aloke Bajpai, Chairman, MD & Group CEO and Rajnish Kumar, Director & Group Co-CEO of the company.
Haryana-based Entero Healthcare Solutions has set the price band at Rs 1,195-1,258 per share for its Rs 1,600-crore initial public offering.The IPO will be open for subscription from February 9 to 13, while the bidding for the anchor book will take place for a day on February 8.This will be the fifth public issue to hit the market this month after Apeejay Surrendra Park Hotels, Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank. Catch Nickey Mirchandani live to know more.
CNC machines manufacturer Jyoti CNC Automation kick starts public issue on January 9, 2024. Should you subscribe or avoid? To know more watch this edition of IPO Watch with Moneycontrol's Nickey Mirchandani with Chairman and Managing Director Parakramsinh Jadeja.
The initial public offering (IPO) of Gandhar Oil Refinery (India) Ltd is set to open for subscription on Wednesday, November 22. The three-day issue will conclude on November 24 and the anchor book for the offer will open for later today. The IPO comprises a fresh issue of equity shares worth ₹302 crore and an Offer for Sale (OFS) of 1.17 crore by promoters and existing shareholders. The company plans to raise ₹500.69 crore via the IPO route. Catch Stacy Pereira of Moneycontrol in conversation with the co's management to know more
ASK Automotive IPO opened for subscription on Nov 7 and saw a decent subscription of 19%. Retail investors have bought about 31% shares. The Rs 834-crore public issue comprises only an offer-for-sale of 2.95 crore equity shares by the Rathee family, and there is no fresh issue portion in the offer. Here’s Moneycontrol’s Nickey Mirchandani speaking with Mr. Kuldip Singh Rathee, Chairman and Managing Director, ASK Automotive Limited on IPO WATCH!
Protean eGov Technologies is open for subscription. It is one of the key IT-enabled solution companies and is engaged in conceptualizing, developing & executing population-scale greenfield technology solutions. Should avoid or subscribe to this IPO? In this live chat catch Moneycontrol's Nickey Mirchandani in conversation with Mr. Suresh Sethi MD and CEO of Protean eGov Technologies.
Ahead of the Festive week, primary markets are witnessing a revised enthusiasm. While there are 2 mainboard IPOs lined up in Protean eGov Technologies & ASK Automotive. there are 2 IPOs from the SME segment as well. And heading to Dalal Street in terms of listings we will see Cello world and Honasa Consumers (Mama Earth) make their debuts while 6 other companies will list in the SME & Emerge index. Nickey Mirchandani is here with all those details
Live: IRM Energy, Yatra Online, Blue Jet Healthcare: Your Weekly IPO Roundup With Prakash Diwan. Watch this live chat with Moneycontrol's Nickey Mirchandani.
Because of several positive factors for Signature Global, there is a strong possibility of re-rating in the long run
Yatra Online’s price band of its initial public offering (IPO) at Rs 135-142 apiece, which is at a sharp discount to the price at which the company had issued shares to one of its promoters last year. Yatra Online had sold shares worth Rs 62.01 crore by way of a rights issue to THCL Travel Holding Cyprus Ltd., a promoter, as a pre-IPO placement on 10 December 2022 at an issue price of Rs 236 a piece. Catch Nickey Mirchandani in conversation with Dhruv Shringi - Chief Executive Officer, Yatra Online Limited live on MoneyControl.
Dehlivery has a solid market position in the parcel delivery market and a strong record in identifying and solving the operating problems in a highly fragmented and unorganised market
Prudent is the third largest MF distributor after NJ India and ICICI Securities among the non-banks with an average AUM of Rs 48,411 crore as of end December ’21
Strong pipeline of projects to support Shriram Properties growth and help it return to profits