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 …
The Shree Tirupati Balajee IPO opened for bidding on September 5, 2024, and will close on September 9, 2024. Shree Tirupati Balajee’s IPO is a book-built issue of Rs 169.65 crores. The issue combines a fresh issue of 1.48 crore shares aggregating to Rs 122.43 crore and an offer for sale of 0.57 crore shares …
upcoming Bajaj Finance IPO is likely to positively impact its parent company, Bajaj Finance, with a potential share price boost of up to 5%. The IPO opens for public subscription on September 9 and closes on September 11, with shares expected to list on September 16. The IPO, valued at ₹6,560 crore, includes a fresh …
Baazar Style Retail Limited’s IPO opened for subscription on August 30, 2024 and will close on September 3, 2024. Baazar Style Retail IPO is a book-built issue of ₹834.68 crore. It is a combination of a fresh issue of 3,804,627 shares aggregating to ₹148 crore and an offer for sale of 17,652,320 shares of ₹5 …
Wildnet Technologies is a technology-driven company specializing in software development, consulting, digital marketing, design, and development services. The company also offers IT outsourcing and white-label services, catering to a wide range of industries, including manufacturing, education, e-commerce, healthcare, IT, banking, media, and marketing. The firm provides a comprehensive range of digital marketing services such as …
On the last day of bidding, the Gala Precision Engineering IPO witnessed increased interest from investors, including QIBs, NIIs, and Retailers. The ₹167.93 crore Gala Precision Engineering IPO is a book-built issue, which combines a fresh issue of 0.26 crore shares aggregating ₹135.34 crores and an offer for sale of 0.06 crore shares aggregating ₹32.59 …
P N Gadgil Jewellers has become a well-known name in the Indian jewelry industry. The company offers a variety of jewelry products, including gold, silver, platinum, and diamond items, under its brand name PNG. The company operates 8 sub-brands dedicated to gold jewelry, including Saptam, Swarajya, Rings of Love, and Pratha, and two diamond jewelry …
