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Akme Fintrade India Ltd IPO  Subscribed 17.77x on Day 3

Akme Fintrade India Ltd IPO Subscribed 17.77x on Day 3

21 June 2024

Akme Fintrade India Ltd IPO (Aasaan Loans IPO) bidding process closed on June 21, 2024. The allotment for the Aasaan Loans IPO is expected to be finalised on June 24, 2024. Aasaan Loans IPO will be listed on BSE and NSE with a tentative listing date of June 26, 2024. Aasaan Loans IPO price band …

DEE Development Engineers Limited IPO was Subscribed 42.35x on Day 3

DEE Development Engineers Limited IPO was Subscribed 42.35x on Day 3

21 June 2024

DEE Development Engineers Limited IPO (DEE Piping Systems IPO) bidding process closed on June 21, 2024. The allotment for the DEE Piping Systems IPO is expected to be finalised on June 24, 2024. DEE Piping Systems IPO will be listed on BSE and NSE, with a tentative listing date of June 26, 2024. DEE Piping …

DEE Development Engineers Limited IPO was Subscribed 1.27x on Day 1

DEE Development Engineers Limited IPO was Subscribed 1.27x on Day 1

19 June 2024

The piping solutions company DEE Development Engineers Limited IPO (DEE Piping Systems IPO) opened for subscription on June 19, 2024, and will close on June 21, 2024. The DEE Piping Systems IPO is a book-built issue of ₹418.01 crores. It is a combination of a fresh issue of 1.6 crore shares aggregating to ₹325.00 crores …

Akme Fintrade India Ltd IPO  Subscribed 1.17x on Day 1

Akme Fintrade India Ltd IPO Subscribed 1.17x on Day 1

19 June 2024

Akme Fintrade India Ltd IPO (Aasaan Loans IPO) opened for subscription on June 19, 2024, and will close on June 21, 2024. Aasaan Loans IPO is a book-built issue of ₹132.00 crores. The issue is entirely a fresh issue of 1.1 crore shares. Aasaan Loans IPO price band has been set at ₹114 to ₹120 …

DEE Development Engineers Limited IPO was Subscribed 4.27x on Day 2

DEE Development Engineers Limited IPO was Subscribed 4.27x on Day 2

20 June 2024

DEE Development Engineers Limited IPO (DEE Piping Systems IPO) has witnessed an increased interest from investors. DEE Piping Systems IPO offers 2,05,42,591 shares. 41,08,518 (20.00%) to QIB, 30,81,389 (15.00%) to NII, 71,89,907 (35.00%) to RII and 61,62,777 (30.00%) to Anchor investors. 98,491 RIIs will receive a minimum of 73 shares, and 1,005 (sNII) and 2,010 …

Akme Fintrade India Ltd IPO Subscribed 4.28x on Day 2

Akme Fintrade India Ltd IPO Subscribed 4.28x on Day 2

20 June 2024

Akme Fintrade India Ltd IPO (Aasaan Loans IPO) witnessed an increased interest from investors. Aasaan Loans IPO offers 1,10,00,000 shares. 20,90,000 (19.00%) to QIB, 15,67,500 (14.25%) to NII, 36,57,500 (33.25%) to RII, 5,50,000 (5.00%) to employees and 31,35,000 (28.50%) to Anchor investors. 29,260 RIIs will receive a minimum of 125 shares, and 298 (sNII) and …

SEBI Tightens Pre-IPO Call Auction Rules to Curb Price Manipulation

SEBI Tightens Pre-IPO Call Auction Rules to Curb Price Manipulation

21 June 2024

The Securities and Exchange Board of India (SEBI), the nation’s stock market regulator, has announced stricter measures to combat potential manipulation during the pre-IPO call auction process. Combating False Demand and Supply SEBI identified instances where large orders were placed at inflated prices during the pre-IPO call auction. However, a significant portion of these orders …

SEBI Gives Nod to Emcure Pharmaceuticals to Launch IPO

SEBI Gives Nod to Emcure Pharmaceuticals to Launch IPO

20 June 2024

Emcure Pharmaceuticals has received market regulator SEBI’s nod for its IPO launch. The company had filed its DRHP on December 20, 2023. It aimed to be listed on both the stock exchanges, NSE and BSE. About the Issue: Emcure Pharmaceuticals receives a nod from SEBI to launch its IPO. The IPO consists of a fresh …

Ixigo IPO Subscribed 3.63x on Day 2

Ixigo IPO Subscribed 3.63x on Day 2

11 June 2024

On the 2nd day of bidding, Le Travenues Technology Ltd’s IPO (ixigo IPO) witnessed increased interest from retail investors. The company will use IPO proceeds of 740.10 crore for part-funding working capital requirements, investments in cloud infrastructure and technology, and funding inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes. Ixigo has …

Vraj Iron and Steel’s IPO Set to Launch On June 26, 2024

Vraj Iron and Steel’s IPO Set to Launch On June 26, 2024

20 June 2024

Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand Vraj.  The company runs two manufacturing plants in Raipur and Bilaspur, Chhattisgarh, covering 52.93 acres. The company currently has a production capacity of 57,600 TPA of MS Billets, which its rolling mills can use to manufacture TMT Bars with …

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