IPOs - Angel One

New Swan Multitech Limited is engaged in the manufacturing of precision-engineered components and parts mainly for the automotive industry and modern farming, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 125.40 per share, reflecting an 90% premium compared to the final issue price of Rs …

Australian Premium Solar (India) Limited manufactures monocrystalline and polycrystalline solar modules and provides engineering, procurement, and construction services for residential, agricultural, and commercial applications, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 140 per share, reflecting a 159% premium compared to the final issue price …

The year 2023 witnessed a myriad of Initial Public Offerings (IPOs), with some companies flourishing while others faced significant challenges. Among the latter, certain IPOs stood out for their underwhelming performances, attracting attention for the wrong reasons. In this analysis, we explore the top 10 worst-performing IPOs of 2023, shedding light on the factors that …

The IPO craze was on the next level in the year 2023. Many IPOs came throughout the year, both on the Main Board and the SME Board. Many investors made a tremendous amount of money on the listing day itself, while some IPOs listed flat or at a discount, disappointing many investors. Several IPOs registered …

#  Issue Name  OP (Rs)  Listing Day – Close Price (Rs)  Listing Gain (%)  Listing Date  Oversubscribed (x)  1 Tata Technologies Limited 500 1314.25 162.85 Nov 30, 2023 69.43 2 ideaForge Technology Limited 672 1295.5 92.78 Jul 07, 2023 106.06 3 Utkarsh Small Finance Bank Limited 25 47.94 91.76 Jul 21, 2023 110.77 4 IREDA …

Ola Electric, a key player in India’s electric two-wheeler market, recently submitted its DRHP, revealing insights into its operations, risks, and future plans. This article dissects key aspects of Ola Electric’s DRHP, shedding light on potential risks and challenges for the company. Ethical Business Practices and Sustainability  Ola Electric’s disclaimer on suppliers’ compliance with ethical …

Jyoti CNC Automation Limited is a manufacturer and supplier of a diverse range of CNC machines, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 370 per share, reflecting an 11.78% premium compared to the final issue price of Rs 331 per share. Meanwhile, the stock …

Kaushalya Logistics Limited provides clearing and forwarding services to a leading cement company in India. The company also distributes electronics and home appliances through an online e-commerce platform, which debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 100 per share, reflecting a 33% premium compared …

Kay Cee Energy and Infra Limited provides services for the construction and commissioning of electricity transmission and distribution systems, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 252 per share, reflecting a 367% premium compared to the final issue price of Rs 54 per share. …

RBM Infracon Limited is primarily engaged in the engineering, execution, testing, commissioning, operation, and maintenance of mechanical and rotary equipment for oil and gas refineries, cement, fertilizers, petrochemicals, and coal or gas-based power plants. Today, the company experienced a significant surge in its share price. At the start of the day’s trading session, the stock …