Shares of Bajaj Finance and Bajaj Finserv fell by 3.3% and 3%, respectively, on the BSE following the multibagger listing of Bajaj Housing Finance, which is the largest IPO of 2024 so far and was subscribed nearly 67 times the shares on offer. Bajaj Finance shares reached a day’s low of Rs 7,347.10, while Bajaj … Read more
The shares of Tolins Tyres debuted at the bourses on Monday with a premium of 0.44%. The stock listed at Rs 227 on BSE as against an issue price of Rs 226. Meanwhile, the stock listed at Rs 228, up 0.88% or Rs 2 on NSE. Ahead of the public issue, Tolins Tyres has secured … Read more
Non-bank financial institution Northern Arc Capital on Friday said it has collected Rs 229 crore from anchor investors, days before the opening of its share-sale for public subscription. SBI General Insurance Company, SBI Life Insurance Company, Reliance General Insurance Company, Kotak Mahindra Life Insurance Company, Goldman Sachs (Singapore) Pte, Societe Generale, and Quant Mutual Fund … Read more
Real estate developer Arkade Developers Ltd on Tuesday said it has fixed a price band of Rs 121 to Rs 128 per share for its Rs 410-crore initial public offering. The initial share sale will open for public subscription on September 16 and conclude on September 19 and the bidding for anchor investors will open … Read more
Maharashtra’s second-largest jewellery chain, PN Gadgil Jewellers, is set to launch its initial public offering (IPO) on September 10, 2024. The company is aiming to raise around ₹1,100 crore, distinguishing itself as the only organized family-run jeweller in India. With its deep generational ties to customers and its SOP-driven approach, this IPO stands out as … Read more
The initial public offering (IPO) of Tolins Tyres is set to open for public subscription on September 9 and will close on September 11. Ahead of the issue, the grey market premium (GMP) for Tolins Tyres is around Rs 29-30, suggesting a 13% premium over the issue price. The price band for the IPO has … Read more
Bajaj Housing Finance is set to launch its initial public offering (IPO) on Monday, September 9. Ahead of the public issue, the grey market premium (GMP) for the company’s shares stands at Rs 51-52, indicating a potential upside of 73% above the issue price. The price band for the IPO has been fixed at Rs … Read more
The shares of Baazar Style Retail debuted flat on the exchanges on Friday, below the pre-listing expectations. The stock then surged marginally to close 3% higher to IPO price on the first day. The shares of the company ended at Rs 399.65 or 2.74% higher at close of trade. As a leading one-stop shop in … Read more
Kross Ltd has raised around Rs 150 crore from 19 anchor investors ahead of its IPO. The company has allotted 62.49 lakh shares at Rs 240 apiece, which is the upper end of the price band. Marquee anchor investors who participated in the round include EastSpring Investments, Matthews Asia Funds, LIC MF, ICICI Prudential, Axis … Read more
Issue dates: September 09-11, 2024Issue price: Rs 66-70Issue size: Upto Rs 6,560 croreImplied market cap: Upto Rs 58,297 croreFace value: Rs 10Lot size: 214 sharesRetail portion: 35% Bajaj Housing Finance (BHFL), the country’s second largest mortgage lender after LIC Housing Finance, plans to raise Rs 3,560 crore through fresh issue of shares to augment the … Read more
