ipo news

Madhabi Puri Buch: File IPO papers with fill-in-the-blanks template, AI will process: Sebi chief

by
Madhabi Puri Buch: File IPO papers with fill-in-the-blanks template, AI will process: Sebi chief

To minimize IPO application delays and clearing time, Sebi chief Madhabi Puri Buch on Friday said the markets regulator is working to start a template-based fill-in-the-blanks kind of application form which will be processed with the help of artificial intelligence (AI). “We have already implemented artificial intelligence (AI) within Sebi for processing of public documents. … Read more

Akuma Drugs IPO Review: Akums Drugs and Pharma IPO opens for subscription. Should you bid?

by
Akuma Drugs IPO Review: Akums Drugs and Pharma IPO opens for subscription. Should you bid?

The initial public offer (IPO) of Akums Drugs and Pharmaceuticals has opened for subscription. The issue, which closes on August 1, will fetch the company around Rs 1,857 crore. The IPO comprises a fresh issue of shares worth Rs 680 crore and an offer for sale (OFS) of up to 1.73 crore shares with a … Read more

Ola Electric IPO: Two early Ola Electric investors to reap up to 824% returns in biggest IPO this year

by
Ola Electric IPO: Two early Ola Electric investors to reap up to 824% returns in biggest IPO this year

Electric vehicle maker Ola Electric is planning to launch the biggest IPO of this year, by raising just over Rs 6,100 crore, later this week. The company has priced the issue in the range of Rs 72-76, valuing it around Rs 33,522 crore at the upper end. Considering the pricing for the IPO, two funds … Read more

After strong IPO response, Sanstar shares to debut tomorrow. Here’s what GMP suggests

by
After strong IPO response, Sanstar shares to debut tomorrow. Here’s what GMP suggests

After a robust subscription to the IPO, the shares of Sanstar will debut on the exchanges on Friday. Ahead of the listing, the company’s shares are trading with a GMP of Rs 30 in the unlisted market. Considering the upper price band of Rs 35, the stock is expected to list with a premium of … Read more

IPO news: India Inc raises record $30 billion in 6 months, riding FPO wave

by
IPO news: India Inc raises record billion in 6 months, riding FPO wave

Indian companies raised a record $29.5 billion (nearly Rs 2.5 lakh crore) in the equity market through IPOs & FPOs during the first half of 2024, more than double the amount raised in the same period last year. The Jan-June total is the highest ever in terms of proceeds, with the number of issuances also … Read more

IPO news: In equity’s Indian summer, IPOs and investors make hay in 2024

by
IPO news: In equity’s Indian summer, IPOs and investors make hay in 2024

Mumbai: The majority of this year’s initial public offerings (IPOs) have been hits – generating strong investor responses and delivering significant returns following substantial listing gains. About 38 IPOs have taken place so far in 2024 with an average listing gain of 25% and average returns after debuting at 49% till date. Four stocks – … Read more

BSE SME IPO index crosses 1 lakh mark after over 5,000% rally in just 5 years

by
BSE SME IPO index crosses 1 lakh mark after over 5,000% rally in just 5 years

Despite the excitement surrounding the Sensex potentially reaching the 100,000 mark within the next one to two years, the BSE SME IPO index has already achieved this milestone. This remarkable feat is driven by a surge of small companies entering the public markets, fueled by growing investor appetite. The SME IPO market has grown exponentially … Read more

Does NSE’s price capping on SME IPOs mean no multibagger returns on Day 1?

by
Does NSE’s price capping on SME IPOs mean no multibagger returns on Day 1?

As SME IPOs become a more mainstream asset class for investors, regulators are looking to formalize the market through multiple checks and balances. In one such move, the leading exchange NSE capped the listing price of SME issues at 90%, regardless of the grey market trends. Nephro Care, which had a pre-listing grey market premium … Read more

GPES Solar IPO opens today: Check issue size, price band, GMP and other details

by
GPES Solar IPO opens today: Check issue size, price band, GMP and other details

The SME IPO of GPES Solar opened for subscription today and will close on June 19. The company aims to raise about Rs 31 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue. … Read more

ajax engineering ipo: Kedaara-backed Ajax Engineering is said to plan India IPO

by
ajax engineering ipo: Kedaara-backed Ajax Engineering is said to plan India IPO

Ajax Engineering Pvt, an Indian concrete equipment maker backed by Kedaara Capital, is considering an initial public offering that could raise Rs 20 billion ($240 million), people familiar with the matter said. Ajax Engineering is working with advisers to help prepare for an IPO in Mumbai in the fourth quarter, the people said, asking not … Read more