A recent study conducted by the market regulator Securities and Exchange Board of India (SEBI) has shed light on the behaviour of retail investors in Initial Public Offerings (IPOs) in India. The study, which analysed data from 144 IPOs listed between April 2021 and December 2023, found that individual investors tend to be short-term oriented …
The chauffeur-driven car rental service provider ECOS (India) Mobility & Hospitality IPO has opened for subscription on August 28, 2024, and will close on August 30, 2024. ECO Mobility IPO is a book-built issue of ₹601.20 crores. The issue is entirely an offer for sale of 1.8 crore shares. As per RHP, the price band …
The ECO Mobility IPO closed on August 30, 2024, after receiving a total subscription of 30.47x. The allotment for the ECO Mobility IPO is expected to be finalised on September 2, 2024. The IPO will be listed on BSE and NSE, with a tentative listing date of September 4, 2024. ECO Mobility IPO price band …
Shree Tirupati Balajee Agro Trading Company Limited, a prominent manufacturer of Flexible Intermediate Bulk Containers (FIBCs) and other industrial packaging products, is gearing up to enter the capital market with its Initial Public Offering (IPO). Scheduled to open on September 5, 2024, and close on September 9, 2024, this IPO has garnered significant attention due …
The much-anticipated listing of Brainbees Solutions Ltd., the operator of the popular online platform FirstCry, made its stock market debut with impressive gains, only to see early optimism wane as trading progressed. On Tuesday, August 13, the company’s shares debuted at a 40% premium over its issue price of Rs 465 per share. The stock …
Shares of Orient Technologies Ltd. made a remarkable debut on Dalal Street this Wednesday, listing at Rs 288 on the NSE, representing a premium of 39.81% over its issue price of ₹260 per share. The stock also opened at a premium of 40.7% at Rs 290 on the BSE, reflecting strong investor sentiment and aligning …
One of India’s leading automotive technology companies, Hero Motors Limited, has filed the draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO) to raise ₹900 crore from the public. Hero Motors’ IPO will consist of a fresh issue and an offer …
Premier Energies Limited’s initial public offering (IPO) was open for subscription from August 27, 2024, to August 29, 2024. Allotment for the IPO is expected to be finalised on August 30, 2024, with the stock to be listed on the BSE and NSE on September 3, 2024. The IPO, valued at ₹2,830.40 crore, includes a …
Swiggy, India’s leading food delivery company, has been eyeing to raise a minimum of $800 million from an IPO next year. Through Swiggy IPO, the company aims to expand its market share with such funds amidst neck-to-neck competition from Zomato in the food business. Keep scrolling to know more! What Is Swiggy’s Valuation? Since 2014, …
Saraswati Saree Depot Limited, a manufacturer and wholesale women’s apparel company, has opened its IPO to raise ~₹160 crore. Saraswati Saree Depot IPO is a book-built issue of ₹160.01 crores. The issue is a combination of a fresh issue of 0.65 crore shares aggregating to ₹104.00 crores and an offer for sale of 0.35 crore …
