The shares of Western Carriers listed at the bourses on Tuesday with a discount of 1.16%. The stock listed at Rs 170 on BSE as against an issue price of Rs 172. Meanwhile, on the NSE, the stock listed at Rs 171, down Rs 1 or 0.6%. The IPO received a healthy response from investors … Read more
Solar PV modules manufacturer Waaree Energies on Monday received market regulator Securities and Exchange Board of India’s (Sebi) approval for its proposed initial public offering (IPO). The company’s initial public offering comprises a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 Equity Shares … Read more
Casagrand Premier Builder, one of the largest developers in the residential sector, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 1,100 crore through an initial public offering (IPO). The proceeds from the fresh issue, amounting to Rs 150 crore, will be used for … Read more
The initial public offer (IPO) of Manba Finance has opened for subscription today and will close on September 25. Ahead of the issue opening, the company raised Rs 45 crore from anchor investors. The IPO is entirely a fresh issue of up to 1.25 crore shares with no offer-for-sale component. Through the issue, the company … Read more
The Rs 151 crore initial public offering (IPO) of Mumbai-based non-banking financial company (NBFC) Manba Finance is set to open for public subscription on September 23 and will close on September 25. Ahead of the issue, the grey market premium (GMP) for Manba Finance was around Rs 55-60, suggesting a 46% premium over the issue … Read more
State-owned Solar Energy Corporation of India (SECI) on Friday pledged to invest 180 billion rupees ($2.16 bln) in equity for renewable capacity expansion by 2030, and announced plans to go public in the next one to two years. Large power producers in India have been investing heavily in renewables and committing to expand green energy … Read more
The initial public offering (IPO) of Arkade Developers, which opened for subscription on September 16, has been subscribed 42.7 times on Thursday so far, the last day of the bidding process. Around 1 pm, the issue witnessed robust demand from the non-institutional investors and the retail investors, subscribing to the issue over 100 times and … Read more
Indian Railway Finance Corporation Share Price 158.56 04:00 PM | 18 Sep 2024 -2.04(-1.28%) One97 Communications Share Price 671.45 03:59 PM | 18 Sep 2024 7.06(1.07%) YES Bank Share Price 23.32 04:00 PM | 18 Sep 2024 -0.08(-0.35%) ITC Share Price 507.35 04:12 PM | 18 Sep 2024 -0.4(-0.08%) HDFC Bank Share Price 1694.8 04:08 … Read more
The initial public offering (IPO) of Western Carriers was subscribed seven times so far on day 3, receiving nearly 14.6 crore consolidated share bids as of 1 pm on Monday against 2,08,68,467 crore shares available for subscription. The retail portion received a solid response and was booked 10.4 times. The non-institutional investors (NIIs) subscribed to … Read more
The initial public offering (IPO) of Northern Arc Capital, which opened for subscription earlier on Monday, was subscribed 2.87 times on the first day, attracting the strongest demand from retail investors. Retail investors had subscribed to the issue 3.87 times followed by non-institutional investors who booked it 4.48 times. Meanwhile, the qualified institutional buyers (QIBs) … Read more
