Electronics Mart India Limited, specialising in the sale of consumer electronics and durable products, celebrated the first anniversary of its IPO journey today. The IPO opened on October 4, 2022, and closed on October 7, 2022. On the final day of the IPO window, it witnessed a subscription rate of 71.93 times. The public issue …
An IPO, or Initial Public Offering, is the process through which a company raises money from the public by offering its shares for the first time on the stock market. Today, we will analyse the IPOs that occurred during the September quarter of the financial year 2023-24. There were twenty IPOs listed during the second …
The second IPO of January, Indigo Paints IPO will open on January 20, 2021. Investors will have the time till January 22 to subscribe for the offer. But before the issue opens, Indigo Paints shares are trading at 55 percent premium in the grey market. What Is A Grey Market? First off, the grey market …
Nureca IPO that opened last week has finalized IPO allotment on February 23. Rs 100 crores IPO offer received 40 times subscription. If you have bid for Neruca IPO, here is how you can check IPO allotment status. Link Intimes was the registrar for the offer. If you have applied for IPO shares, you can …
State-owned Railtel IPO opens on February 16 and closes on February 18. Ahead of the IPO, Railtel IPO grey market premium surged 50 percent in the grey market. The grey market premium is a critical metric that tells investors about the demand for the IPO in the market. It indicates the number of takers in …
The year 2021 has seen a flurry of initial public offerings (IPOs). In the fiscal year 2021, Indian firms have raised over Rs 31,000 crore through IPOs on the back of a bull run in the equity markets in India and liquidity in the global markets. This is the highest amount raised in the last three …
The IPO market is currently experiencing a remarkable surge in activity, marked by a substantial increase in the number of companies going public. Businesses from various sectors are opting to raise capital through initial public offerings, attracting significant attention from investors. This week five public issues are set to debut on Dalal Street. The combined …
Medplus Health Services IPO Price Band Medplus Health Services, India’s second-largest pharmacy retailer, has set a price band of Rs 780-796 per equity share for its initial public offering on December 13. The company intends to raise Rs 1,398.29 crore through a public offering that includes a fresh issuance of Rs 600 crore shares and …
Valiant Laboratories Limited, an Indian pharmaceutical ingredient manufacturing company specializing in the production of Paracetamol, made its debut in the Indian stock market today. The stock debuted at Rs 161 per share, representing a 15% increase compared to the issue price on the BSE. However, on the NSE, the stock opened at Rs 162.15 per …
Polymatech Electronics, India’s first opto-semiconductor chip manufacturer submitted its draft red herring prospectus to the capital markets regulator Sebi on October 5, 2023. The main objective of this submission is to raise funds through an initial public offering. As per the details, the company plans to raise funds by issuing new equity shares with a …
