Public sector ‘Maharatna’ unit Powergrid India is all set to roll out its InvIT IPO on April 29, 2021. Let’s now check all the necessary details associated with the offer that is creating a buzz in the market. Power Grid is set to become the first PSU to launch an InvIT IPO in the country. …
The Suryoday Small Finance Bank IPO date has been announced; the bank will launch its initial public offering on March 17. The Rs 582.33-crore offering will close for subscription on March 19. The price band for the IPO is Rs 303-305 per share, while the face value of a share is Rs 10. The offer accounts …
After grappling with the initial Covid-19 frenzy, the diagnostic industry jumped back stronger to fulfil its role at the Test-Track-Treat strategy’s forefront. It has resulted in an unprecedented inflow of funds, inflating these companies’ valuations significantly. On the heels of this massively successful year, various private diagnostic service providers are eying an IPO in 2021. …
Retail investors have a strong affinity for IPOs due to the potential for quick listing gains. However, it is important to note that while IPOs can offer significant profits, there are instances where these offerings can result in substantial losses right from the first day of trading, making them potential wealth destroyers. In recent years, …
Laxmi Organics IPO bidding will begin on March 15, 2021. Before the offer opens, let’s look at all the critical pointers associated with the proposal. The original Laxmi Organic IPO size has got reduced from Rs 800 crores to Rs 600 crores. The company mopped up Rs 200 crores through a pre-IPO placement route The …
Ahead of its mega initial public offering (IPO), digital payments firm Paytm has seen a reshuffle of the company board, with Ant Group’s Jing Xiandong being replaced by Douglas Lehman Feagin as the senior vice president of the group. The parent company of Paytm, One97 Communications, is expected to file its draft red herring prospectus …
It is going to be an eventful week as Dalal Street as the domestic equity market turns volatile with 6 primary market offerings hitting the street. These include the likes of Craftsman Automations, Anupam Rasayan, Laxmi Organics, Kalyan Jewellers, and Suryoday Small Finance Bank. In the grey market, unlisted shares for all 5 have been …
Nazara Technologies has just sold its Rs 583-crore initial public offer (IPO) between March 17 and 19. What has made experts and the gaming world sit up and take notice is that this is the third-highest subscription ever for an Indian IPO with an issue size that is more than Rs 200 crore. Also, the …
MTAR Technologies makes a maiden offer worth Rs 597 crores that will open for subscription on March 3, 2021. MTAR Technologies is a precision engineering company, maker of critical components used in space, defence, and aerospace using precision machining. The company fixed IPO share prices in the price band of Rs 574-575 apiece. About The …
MTAR Technologies IPO is the 9th in 2021. The offer will open for bidding on March 3, 2021. Ahead of the IPO offer, let’s evaluate the various key parameters to understand if it is an offer worth subscribing to. MTAR Technologies is a key player in the precision engineering segment, maker of mission-critical equipment for the …
