Ventive Hospitality Ltd., a joint venture between Panchshil Realty and Blackstone Group, has filed a draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO) worth Rs.2,000 crore. This Pune-based luxury hospitality firm will raise funds exclusively through a fresh issue of shares, with no offer-for-sale (OFS) component. IPO & Utilization of …
Influx Healthtech Ltd, based in Mumbai has announced gearing up for an initial public offering (IPO) on NSE Emerge, with plans to fund some big expansion projects. The IPO includes a fresh issue of 46.32 lakh equity shares, along with an offer-for-sale (OFS) of 13.68 lakh shares from the company’s founder, Munir Abdul Ganee Chandniwala. …
Kross Ltd’s initial public offering (IPO) opened on Monday, September 9. The company is offering shares priced between ₹228 and ₹240 each. Investors need to apply for at least 62 shares, and they can buy in multiples of 62. The IPO will be open for bidding until Wednesday, September 11. Kross is launching an IPO …
P N Gadgil Jewellers Limited’s IPO, which opened for subscription on September 10, 2024, will close on September 12, 2024. The IPO is a book-built issue worth ₹1,100.00 crore, consisting of a fresh issue of 17,708,334 shares totalling ₹850.00 crore and an offer for sale of 5,208,333 shares of ₹10, totalling ₹250.00 crore. P …
Regreen-Excel EPC India is a state-of-the-art engineering, procurement, and construction (EPC) firm that designs, builds, and supplies facilities for ethanol production. As per the F&S Report, by March 31, 2024, the company will have become the most recent among the leading Indian producers and suppliers of ethanol plants, encompassing biofuels, zero liquid discharge systems, distillery, …
Overview of the IPO Solarium Green Energy Limited, a prominent name in the renewable energy landscape, has taken a significant step by filing its Draft Red Herring Prospectus (DRHP) with the BSE SME, gearing up for its initial public offering (IPO). The company plans to issue up to 55,00,000 equity shares in the IPO, with …
Laxmi Dental Ltd. has filed its draft red herring prospectus (DRHP) with SEBI to raise up to Rs.150 crore through an initial public offering (IPO). The public offering consists of a fresh issue of equity shares worth Rs.150 crore and an offer for sale (OFS) of up to 12,826,847 equity shares by existing shareholders and …
The SME IPO market has been on a roll, with companies witnessing overwhelming subscription levels. However, amidst the frenzy, concerns about potential malpractices and market manipulation have been raised. A Wave of Over-Subscriptions Resourceful Automobile, Travels & Rentals, HOAC Foods India, and Magenta Lifecare are just a few examples of SME IPOs that have attracted …
Baazar Style Retail’s Lackluster Listing Baazar Style Retail Ltd., backed by Rekha Rakesh Jhunjhunwala, made its much-anticipated debut on Dalal Street, but it failed to deliver the expected fireworks. Listed at par with its issue price of Rs 389 on both NSE and BSE, the stock opened without any initial pop. However, it managed to …
Mumbai-based real estate firm, Arkade Developers Ltd, has announced gearing up for its Initial Public Offering (IPO) worth Rs.410 crore. The IPO, scheduled to open on September 16, 2024, will be available for public subscription until September 19, 2024, while the bidding for anchor investors begins on September 13, 2024. IPO Details & Fund Allocation …
