IPOs - Angel One

The specialised engineering equipment manufacturer Standard Glass Lining Limited has filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India, to float an initial public offering (IPO). As per DRHP, Standard Glass Lining’s IPO value stood at ₹600 crore, which comprises a fresh issue of shares worth ₹250 …

Founded in 1982, Sanstar Limited specializes in producing plant-based ingredients and solutions for food, pet food, and industrial applications in India, debuted on the stock market today. The company’s stock settled at Rs 106.40 per share on the BSE, representing an impressive 12% premium over the final issue price of Rs 95 per share. Additionally, …

Akums Drugs and Pharmaceuticals Limited is a leading pharmaceutical contract development and manufacturing organization (CDMO) that provides extensive pharmaceutical products and services in India and internationally. The company offers end-to-end solutions for product development, manufacturing, and R&D of formulations. It prepares and submits regulatory dossiers for both Indian and global markets and provides various testing …

Introduction In a significant development for the Indian stock market, the National Stock Exchange of India Limited (NSE) has achieved a landmark with the listing of its 500th SME company on the NSE EMERGE platform. This milestone highlights the growing importance and success of SME companies in India’s economic landscape. The 500th Listing: Prizor Viztech …

Stallion India Fluorochemicals has received the green light from the Securities and Exchange Board of India (SEBI) to raise capital through an initial public offering (IPO). The company plans to issue new equity shares and conduct an offer-for-sale, as detailed in their draft red herring prospectus. IPO Details and Allocation of Funds Stallion India Fluorochemicals …

Crizac Ltd., a student recruitment solution provider based in Kolkata, has encountered a significant hurdle in its plans to launch a Rs 1,000-crore initial public offering (IPO). The Securities and Exchange Board of India (SEBI) has returned the draft documents, causing a delay in the company’s initial share sale. This IPO was intended to be …

In October 2022, the Reserve Bank of India (RBI) mandated that Non-Banking Financial Companies (NBFCs) belonging to the upper layer (UL) of the system should be listed publicly on the exchange by the end of September 2025. As a result, we have observed HDFC Bank Ltd., one of India’s largest private sector banks, taking steps …

Sai Life Science Ltd., a Hyderabad-based global pharmaceutical company backed by TPG Group, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). This significant step will help the company raise funds to support its growth and operational needs. IPO Details and Shareholder Information Sai Life …

IPO-bound company Swiggy, which delivers food and groceries in India, is set to release its IPO in a few weeks. Before that, they announced on Monday its fifth ESOP (Employee Stock Ownership Plan). Under this plan, various levels and functional employees have access to funds worth Rs. 540 crore. With this fifth liquidity event since …

Today, on the last day of the bidding process, Emcure Pharmaceuticals Limited IPO was subscribed 67.84 times. The retail portion was subscribed to 7.33x, 191.24x in Qualified Institutional Buyers (QIB), 49.28x in Non-Institutional Investors (NII), and 8.78x in the employees category. Here’s a table to understand the day-wise subscription Date QIB NII Retail EMP Total …