Makers of nutrient products, Hexagon Nutrition is all set to launch its IPO. This company has filed its preliminary DRHP (Draft Red Herring Prospectus) papers with SEBI (Securities and Exchange Board of India) regarding the same. The IPO will have a dual flavour with an Offer of Sale (OFS) and a fresh issue of equity …
As of March 16th, Burger King India decided to delay its Initial Public Offering as the Indian equity market appears to be in the throes of widespread panic regarding COVID-19. Later in March of 2020, the company was set to launch an initial public offering of ₹10 billion ($134.61 million)m according to Reuters. However, seeing the …
Equitas Small Finance Bank completed its IPO journey, marking three years today. On this day in 2020, the stock made its debut in the Indian market. In this article, we will explore its journey and calculate the returns generated during its journey. The IPO opened on October 20, 2020, and closed on October 22, 2020. …
Kaynes Technology, a prominent leader in the integrated electronics manufacturing sector, offering end-to-end solutions enhanced by IoT capabilities, celebrated the first anniversary of its IPO journey today. The IPO opened on November 10, 2022, and closed on November 14, 2022. On the final day of the IPO window, it witnessed a subscription rate of 34.16 …
In a surprising turn of events, the Tata Technologies IPO has captivated the attention of investors, with anchor investors emerging as key players in steering the IPO towards resounding success. Notably, Prashant Jain’s 3P India Equity Fund 1 has made a substantial investment, underlining the confidence of this stock market wizard in Tata Technologies’ potential …
In a significant prelude to its highly-anticipated Initial Public Offering (IPO), the Indian Renewable Energy Development Agency (IREDA) — a pioneering force in green financing — has already garnered an impressive Rs 643.26 crore from anchor investors. This early enthusiasm sets the stage for a groundbreaking IPO, marking a historic moment as the first government-owned …
In the vibrant landscape of India’s snack industry, Prataap Snacks Limited (PSL), known for its popular brands “Yellow Diamond” and “Avadh,” entered the market with high expectations during the 2017 Bull Run. However, the company’s performance post-IPO serves as a compelling lesson for investors on the perils of overpaying for initial public offerings. The Rise …
IPOs have been gaining attention and generating excitement among investors. In this article, we’ll provide a brief overview of the 7 IPOs scheduled to open this week. These consist of 5 IPOs from the main board and 2 IPOs from the SME segment. Collectively, these 7 IPOs aim to raise approximately Rs 7,377 crore, with …
You might have heard someone boasting about their investment doubling in a month, six months, or a year, but hearing about it happening in a single day is quite rare. Today, we’ll delve into this article to explore how your money could have potentially doubled if you had owned this company’s stock in your portfolio, …
The Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise, operating under the administrative control of the Ministry of New and Renewable Energy (MNRE). Founded in 1987 as a non-banking financial company (NBFC), IREDA stands as a public limited government entity committed to fostering, advancing, and …
