The initial public offering of Tatva Chintan Pharma, a speciality chemical manufacturer, was concluded on Tuesday, 20 July 2021. It witnessed a mammoth 180.36 times subscription, which propelled it to become the second-most subscribed IPO in 2021, after MTAR technologies. Following an IPO’s closure, it takes about 6 days for the allotment to be finalised. …
The Chairman of PFRDA, Mr. Supratim Bandyopadhyay, has mentioned in his recent interview that they are drafting new rules allowing pension fund managers to invest in the open market. These rules, when finalised, will enable fund managers to invest in IPOs, and listed companies as they deem fit. Why this Sudden Change? As per current …
The Indian economic recovery has begun in earnest as lockdown restrictions are easing across various states in India. Following suit, the stock market is also performing steadily. Amidst such optimistic signs, companies are now lining up with their IPOs, and August is expected to be a busy month as well. IPOs in the Fiscal Year …
Windlas Biotech Ltd. is all geared up to open its initial public offering on 4 August 2021. The IPO will close on 6 August 2021. Here’s Everything You Need to Know About the Windlas Biotech IPO The initial public offering will consist of a new issue of Rs. 165 crores. It also includes an offer …
Policyholders are likely to receive a 10 percent reservation in the upcoming LIC IPO. Depending on the fixed price band, policyholders will also receive the IPO shares at a discounted rate. LIC IPO, expected to launch during the last quarter of the current financial year, is one of the most talked-about IPOs. It will be …
LIC IPO is among the most awaited initial public offerings in the country. For good reason! It is not every day the Central Government decides to dilute its stake in one of the most recognised companies in the country. LIC IPO is expected to go live in the first half of the next fiscal year. …
The initial public offering of Glenmark Life Sciences opens today, 27 July 2021, with a price band of Rs. 695 – Rs. 720 each share. Glenmark IPO is set to close on Thursday, 29 July 2021. The company, a wholly-owned subsidiary of Glenmark Pharmaceuticals, is one of the major producers of Active Pharmaceutical Ingredients (APIs). Established …
A subsidiary of Glenmark Pharma, Glenmark Lifescience IPO, got fully subscribed within two hours of opening. The IPO received a strong response from all investors, especially the retail segment, who led the charge by oversubscribing on the first day. Glenmark Lifescience is the subsidiary of the listed Glenmark Pharmaceutical, manufacturers critical non-commoditized APIs for chronic …
The IPO bell rings for Rolex Rings, an auto component manufacturer based in Rajkot, Gujarat. They are among the top five forging companies in the country and global manufacturer and supplier of hot rolled forged, machined bearing rings, and automotive components for various vehicles, including two-wheelers and four-wheelers. After the stellar debut from the tech …
Exxaro Tiles Pvt. Ltd. IPO will hit D-street during the first week of August. It will be the first IPO from a ceramic tiles company in a decade. They have received the necessary SEBI approvals to float their offer through which they are trying to mobilize a fund of Rs 150-200 crores. Recently, IPOs have …
