The much-anticipated initial public offering (IPO) of Saraswati Saree Depot, a Kolhapur-based saree manufacturer and wholesaler, made a strong debut on Dalal Street. On Tuesday, August 20, the company’s shares were listed at Rs 200 on the Bombay Stock Exchange (BSE), reflecting a significant 25% premium over its issue price of Rs 160 per share. …
Bajaj Housing Finance, a non-deposit-taking Housing Finance Company (HFC), is set to debut on the Indian stock exchanges with its upcoming IPO, anticipated to open in September, 2024. The company, which has been engaged in mortgage lending since 2018, plans to raise approximately Rs.7,000 crore through this IPO, including Rs.4,000 crore as a fresh issue …
The International Gemological Institute (IGI) India, a prominent player in the certification and accreditation industry, has taken a significant step towards launching an initial public offering (IPO). The company, owned by Blackstone through its affiliate BCP Asia II TopCo, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India …
Premier Energies Limited, a manufacturer of integrated solar cells and solar panels, is launching an IPO of ₹2,830.40 crore, which is scheduled to open on August 27, 2024. The IPO will be open for three days until August 29, 2024. Premier Energies IPO is a combination of a fresh issue of 2.87 crore shares aggregating …
Carraro India, a prominent manufacturer of axles and transmission systems for agricultural tractors and construction vehicles, is gearing up for an Initial Public Offering (IPO) aimed at raising Rs.1,812 crore. The company, which submitted its draft papers to the Securities and Exchange Board of India (SEBI) on August 23, 2024, is set to become a …
Baazar Style Retail Limited, a fashion retailer with a strong presence in eastern India, is set to launch its Initial Public Offering (IPO). This IPO will allow the company to raise fresh capital and provide an exit opportunity for existing shareholders through an offer for sale. The IPO is structured as a book-built issue, with …
JSW Cement, a prominent company under the Sajjan Jindal-led JSW Group, has taken a significant step towards raising capital by filing a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company plans to raise Rs. 4,000 crore through an initial public offering (IPO). IPO Structure and Key Stakeholders …
TruAlt Bioenergy Ltd., a Bengaluru-based ethanol production company, has initiated the process of raising funds through an initial public offering (IPO). The company has submitted its preliminary documents to the Securities and Exchange Board of India (SEBI) as it prepares to enter the public market. The proposed IPO will include a combination of fresh equity …
Pune-based Xolopak India Ltd, a pioneering name in the sustainable disposable packaging industry, has taken a significant step toward expanding its operations. The company announced on Monday that it has filed draft papers with NSE Emerge, signaling its intention to raise funds through an Initial Public Offering (IPO). This move is poised to accelerate the …
One of the fastest-growing information technology (IT) solutions providers, Orient Technologies Limited’s IPO opened for subscription on August 21, 2024, and will close on August 23, 2024. Orient Technologies IPO is a book-built issue of Rs 214.76 crores. It combines a fresh issue of 0.58 crore shares aggregating Rs 120.00 crores with an offer for …
