Known Indian jewellery brand Kalyan Jewellers has filed DRHP (draft red herring prospectus) seeking approval to launch IPO scrips in domestic bourses. In its filing, the company said that it is looking to raise Rs 1,750 crores from the market. The offer will contain fresh scrips worth Rs 1000 crores and offer for sales scrips …
As the Indian IPO market is gaining steam again, several companies are floating their IPO offers to win over the investors. In the previous months, we have witnessed pharma firms and financial companies to launch IPO offers, which were lapped up by investors. The newest to join the list is an IT firm from Bangalore. …
Route Mobile will launch IPO offers in the second week of September. After the dry spell of nearly four months, the Indian IPO market is gaining momentum again. Rossari Biotech ended the IPO hiatus in July, being the first company to float IPO offers amid the lockdown. The Indian IPO market, which has become one …
The big news for India’s IPO segment has turned bigger. As indicated by the recent developments, the government may stamp the proposal to divest up to 25 percent stakes in LIC to incentivise investors’ interest. Life Insurance Corporation IPO launch is going to be the largest in Indian IPO history. Initially, experts assumed that the …
As more IPO waves are reaching to the shores of Dalal Street, it’s time for UTI AMC to try luck with the investors, who have passionately participated in recent IPOs launched. Taking inspiration from other companies which have hit a home run with their IPO launch, UTI AMC prepares to float its proposal next week. …
Amid the pandemic, pharmaceutical, and speciality chemical producing firms are seeing their business booming, and they have given an acceptable performance in the share market also. In July, Rossari Biotech was the first company to launch IPOs during the lockdown phase, was also a speciality chemical manufacturing company. Following its footsteps, five more companies, including …
It is yet another major IPO launch news. This time state-owned warship builder, Mazagon Dock is looking at IPO route and may float their offer sometime in October. The government has expressed its plans to divest 10 to 15 percent of its stakes in the company via 2.3-3.3 crores equity share sale. According to news …
Flair Writing Industries has submitted the Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) with the objective of raising Rs 745 crore through an Initial Public Offer (IPO). Flair Writing Industries, a company with a long-standing presence and a proven history of expansion, has built a solid reputation in …
Senco Gold, a prominent Jewellery retailer, is listed with a premium of 36% at Rs 431 per share on BSE. On the NSE, the stock debuted at Rs 430, indicating an impressive increase of 36% compared to its final listing price of Rs 317. Currently, the stock is trading at Rs 418 on the BSE. …
Star Health’s IPO is scheduled to open on November 30, 2021. The applications will be accepted for three working days until 2nd December 2021. Being a bookbuild kind of an issue, it is being launched at a price band of between Rs 870 and 900. Today, the company disclosed details about the offering and said that …
