Interestingly, the Indian IPO market has been experiencing a significant uptrend recently because of the positive market sentiment and a strong macroeconomic environment.
Saraswati Saree Depot will finalise its IPO allotment on August 16. Investors can check their status via the BSE website or Bigshare Services portal by Monday. The IPO, which aimed to raise around Rs 160.01 crore, was oversubscribed 107.52 times, with strong interest from non-institutional bidders.
The allure of IPOs lies in their potential to generate substantial returns, but navigating the complexities of this investment landscape requires a strategic approach and a deep understanding of market dynamics.
After a successful rights issue earlier this year, the company aims to further enhance shareholder value and improve market accessibility through these strategic moves
The RBI has directed JM Financial Products Limited to cease financing against shares and debentures due to significant deficiencies observed in its lending practices. This directive, prompted by a review of the company's books, aims to ensure financial stability and uphold regulatory standards.
Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of customers.
The Kalahridhaan Trendz IPO is valued at Rs 22.49 crore and has a fresh issue of 4,998,000 equity shares with a face value of Rs 10 each.
The IPO is open for subscription from February 22-26, while the allocation to anchor investors will take place on February 21.
The IPO is solely a fresh issue, without any offer-for-sale component, with about 10 per cent of the issue reserved for retail investors.
The automaker aims to leverage the IPO to bolster its foothold in a market where it has thrived for over 25 years.
The company manufactures and exports mild steel and carbon steel ERW black and galvanised pipes, hollow steel pipes, and cold-rolled steel (CR) strips and coils.
The issue has a primary share sale of Rs 462 crore at the upper end of the price band, with the remaining Rs 108 crore as an offer for sale.
Market experts maintain an optimistic outlook on the IPO market for 2024 on the back of strong domestic and foreign investments.
The IPO has a price range of Rs 129-135 per share and consists of a fresh issue of up to 2,30,30,000 equity shares, amounting to Rs 311 crore.
The IPO has a fresh issue of up to 2,30,30,000 equity shares with a price range of Rs 129-135 per share.
Nova AgriTech raised about Rs 143.81 crore through its primary route, including a fresh share sale of Rs 112 crore and an offer-for-sale of up to 77.58 lakh equity shares.
The offering is priced in the range of Rs 129-Rs 135 per share and is expected to be worth Rs 311 crore.
The initial public offering of Jyoti CNC Automation consisted entirely of a fresh issue of equity shares worth up to Rs 1,000 crore, with a price band of Rs 315-331 per share.
Maxposure has set the price band for the offering at Rs 31 to Rs 33 per share, with a face value of Rs 10 per share, with the book-built issue amounting to Rs 20.26 crore and comprising an entirely fresh issue of 61.4 lakh shares.
The SME, starting on December 21 and closing on December 27, will see its equity shares listed on the NSE's SME exchange platform. Priced at Rs 180 per share, the IPO has a total issue size of 3,480,000 shares.
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