On the last day of bidding, the Gala Precision Engineering IPO witnessed increased interest from investors, including QIBs, NIIs, and Retailers. The ₹167.93 crore Gala Precision Engineering IPO is a book-built issue, which combines a fresh issue of 0.26 crore shares aggregating ₹135.34 crores and an offer for sale of 0.06 crore shares aggregating ₹32.59 …
P N Gadgil Jewellers has become a well-known name in the Indian jewelry industry. The company offers a variety of jewelry products, including gold, silver, platinum, and diamond items, under its brand name PNG. The company operates 8 sub-brands dedicated to gold jewelry, including Saptam, Swarajya, Rings of Love, and Pratha, and two diamond jewelry …
Baazar Style Retail, a prominent fashion retail player in India, is set to make its market debut as its Initial Public Offering (IPO) concludes today. The IPO opened for subscription on August 30, 2024, and is expected to be listed on the stock exchanges, NSE and BSE, on September 6, 2024. Baazar Style Retail IPO …
Indian Phosphate Limited has filed the draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI), to float an initial public offering (IPO). Through this IPO, Indian Phosphate Limited seeks to raise ₹67.35 crore. The Indian Phosphate IPO will be entirely a fresh issue comprising 68,04,000 equity shares …
The shares of Ecos (India) Mobility and Hospitality made a noteworthy debut on the Indian stock market on Wednesday, September 4, 2024. The company’s IPO received strong investor interest, and its listing performance reflected positive sentiment despite missing some market expectations. Here’s a detailed look at the listing and what it means for investors. Impressive …
Bajaj Housing Finance is set to open its ₹6,560.00 crore IPO on September 9, 2024 and will close on September 11, 2024. Bajaj Housing Finance IPO is a combination of fresh issue of ₹3,560.00 crore and offer for sale of ₹3,000.00 crore. The allotment for the Bajaj Housing Finance IPO is expected to be finalised …
Tolins Tyres Limited, a well-established tyre manufacturing company, is set to launch its Initial Public Offering (IPO) on September 9, 2024. The IPO is expected to raise Rs 203.00 crores through a combination of fresh issues and offers for sale. With a strong presence in both domestic and international markets, Tolins Tyres is poised to …
The biggest nonbank financial company (NBFC) in India for gold loans is Muthoot Finance Ltd. The business not only finances gold loans but also sells gold coins, provides insurance, and facilitates money transfers. Belstar Microfinance got approval from SEBI to launch an IPO: The Securities and Exchange Board of India (SEBI) gave Belstar Microfinance, the …
The Indian markets might have had a lackluster day due to a lack of significant global cues, especially with the U.S. markets closed on Monday. However, there was no shortage of action for those eyeing new listings. Premier Energies stole the spotlight with its impressive debut, making a mark as the latest entrant in the …
The Securities and Exchange Board of India (SEBI) has temporarily halted the proposed ₹4,000 crore initial public offering (IPO) of JSW Cement. While no specific reasons were provided for the decision, the regulator stated that the “issuance of observations (has been) kept in abeyance.” JSW Cement, a subsidiary of the JSW Group, submitted its preliminary …
