Gopal Snacks IPO was open for subscription on March 6, 2024, and closed on March 11, 2024. The IPO is a book-built issue of ₹650 crore. The issue is entirely an offer for the sale of 1.62 crore shares. The allotment for the IPO is likely to be finalised on March 12, 2024. Gopal Namkeen’s …
The IPO market is currently experiencing significant attraction among all market participants, driven by a substantial increase in the number of companies going public. Businesses from various sectors are choosing to raise capital through initial public offerings, garnering significant attention from investors. This week, 7 public issues are set to open. The combined fundraising target …
The Indian Initial Public Offering (IPO) market has witnessed a surge in recent years, fueled by high investor interest and promising companies. However, this enthusiasm has also raised concerns about accessibility and potential manipulation. To address this, the Reserve Bank of India (RBI) implemented a cap on the amount Non-Banking Financial Companies (NBFCs) could lend …
JG Chemicals IPO was opened for subscription on March 5, 2024, and closed on March 07, 2024. The IPO is a book-built issue of ₹251.19 crores. The JG Chemical Ltd IPO is a combination of a fresh issue of 0.75 crore shares worth ₹165.00 crore and an offer for sale of 0.39 crore shares aggregating …
On Day 2 of the bidding process, Thursday, March 7, 2024, the Initial Public Offer (IPO) of Gopal Snacks, the namkeen and wafer maker, was subscribed 1.47 times. The retail portion was subscribed 2.11 times while 0.10 times in Qualified Institutional Buyers (QIB) and 1.71 times in the Non-Institutional Investors (NII) category. And the employees’ …
The Banyantree-backed Popular Vehicles & Services Ltd is coming up with an IPO of ₹601.55 crore. The book-built IPO is a mix of fresh issue of 0.85 crore shares aggregating to ₹250.00 crore and an offer for sale of 1.19 crore shares aggregating to ₹351.55 crore. Popular Vehicles & Services’ IPO will open for subscription …
Mukka Proteins Limited manufactures fish protein products, producing and supplying fish meal, fish oil, and fish soluble paste, debuted on the Indian stock market today. The company’s stock opened at Rs 44 per share on the BSE, reflecting a substantial 57.14% premium over the final issue price of Rs 28 per share. The market capitalisation …
Exicom Tele-Systems Limited is engaged in power systems, electric vehicle (EV) charging, and other related solutions, debuted on the Indian stock market today. The company’s stock opened at Rs 264 per share on the BSE, reflecting a substantial 85.92% premium over the final issue price of Rs 142 per share. The market capitalisation on the …
Platinum Industries Limited, engaged in the production of stabilizers, specifically PVC stabilizers, CPVC additives, and lubricants, debuted on the Indian stock market today. The company’s stock opened at Rs 228 per share on the BSE, reflecting a substantial 33.33% premium over the final issue price of Rs 171 per share. The market capitalisation on the …
Purv Flexipack Limited distributes a range of plastic products, including BOPP film, Polyester Films, CPP films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acetate, and Titanium Dioxide, debuted on the Indian stock market today. The Purv Flexipack stock opened at Rs 260 per share on the NSE, reflecting a substantial 266% premium over the final issue …
