Markets regulator Sebi has approved the IPO of Arkade Developers, CJ Darcl Logistics, Juniper Hotels, and Indo Farm Equipment. Arkade and Juniper are fresh issues while the other two comprise both fresh issues of equity shares as well as offer for sale (OFS). Juniper Hotels IPO Juniper Hotels, which runs hotels under the “Hyatt” brand, … Read more
Leading hotel chain Apeejay Surrendra Park Hotels announced the launch of its maiden public offer on February 5. The Rs 920-crore issue will close on February 7. The IPO comprises a fresh equity issue of Rs 600 crore and an offer for sale (OFS) of Rs 320 crore. The price band for the IPO will … Read more
The initial public offer (IPO) of Nova Agritech will open for subscription on January 23, instead of January 22 due to a stock market holiday. The issue will close on January 25. The share allotment for the public offer will be done on January 29 and the company is gearing up for January 31 listing. … Read more
Medi Assist Healthcare has fixed a price band of Rs 397-418 per share for its IPO, opening on January 15. The issue is completely an offer for sale of 2.8 crore shares. In the OFS, promoter Vikram Jit Singh Chhatwal and promoter group entities Medimatter Health Management and Bessemer Health Capital will offload part of … Read more
The initial public offer (IPO) of Jyoti CNC Automation was subscribed 3.24 times so far on Wednesday, the second day of the bidding process. The issue closes tomorrow. The retail investors portion of the IPO was subscribed the most at 10 times, followed by non-institutional investors at 5.12 times. The QIB category was least subscribed … Read more
Innova Captab made a tepid debut on the exchanges on Friday, listing just 2% above the issue price. The lackluster debut performance fell way short of expectations, which highlights the potential risks associated with the highly competitive market, regulatory environment, and currency fluctuations. However, the stock jumped 20% post the listing to hit the upper … Read more
