The Vraj Iron and Steel IPO was closed on June 28, 2024, after increased investor interest. The allotment for the Vraj Iron and Steel IPO is expected to be finalised on July 1, 2024. The Vraj Iron and Steel IPO will be listed on BSE and NSE, with a tentative listing date of July 3, …
On Friday, June 28, 2024, India’s main stock indexes opened at record highs. The Nifty 50 started at 24,085.90 and the Sensex at 79,457.58, driven by Reliance Industries after its telecom division announced tariff hikes. The previous day, June 27, the Nifty 50 closed above 24,000 for the first time, at 24,044.50 (up 175.70 points …
Bansal Wire Industries Limited is a prominent stainless steel wire manufacturer that operates across three main segments: high-carbon steel wire, low-carbon steel wire (mild steel wire), and stainless steel wire. The company produces over 3,000 varieties of steel wire products, with sizes ranging from very thin to very thick. Serving more than 5,000 customers across …
Stanley Lifestyles Limited specializes in creating super-premium, luxury, and ultra-luxury furniture under the brand “Stanley, debuted on the Indian stock market today. The stock of Stanley Lifestyles settled at Rs 499 per share on the BSE, representing an impressive 35.23% premium over the final issue price of Rs 369 per share. Additionally, on the NSE, …
Vraj Iron and Steel IPO witnessed an increased interest from the investors on day 2 of the bidding process. Vraj Iron and Steel IPO offers 82,60,868 shares. 16,52,174 (20.00%) to QIB, 12,39,130 (15.00%) to NII, 28,91,305 (35.00%) to RII and 24,78,259 (30.00%) to Anchor investors. 40,157 RIIs will receive a minimum of 72 shares, and …
The Allied Blenders and Distillers IPO closed on June 27, 2024. The allotment for the Allied Blenders IPO is expected to be finalised on June 28, 2024. The Allied Blenders IPO will be listed on BSE and NSE with a tentative date of July 2, 2024. Allied Blenders IPO price band is set at ₹267 …
Avanse Financial Services, a prominent education-focused NBFC, has initiated the process to go public by filing a DRHP with SEBI as the company aims to raise Rs.3,500 crore through an IPO. IPO Structure and Objectives The proposed IPO comprises a fresh issue of shares worth Rs.2,000 crore and an OFS of shares valued at Rs.1,500 …
Education-focused non-banking financial company (NBFC) Avanse Financial Services Limited filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO). Avanse Financial IPO is a mix of fresh issue and offer for sale, whereby the company is seeking to raise ₹1,000 …
Vraj Iron and Steel Ltd. opened its Initial Public Offering (IPO) to raise money from the public on June 26, 2024, and will close on June 28, 2024. The IPO is a book-built issue of Rs 171.00 crores, entirely a fresh issue of 0.83 crore shares. Vraj Iron and Steel IPO price band has been …
Allied Blenders and Distillers Limited IPO witnessed an increased interest from investors on the 2nd day of subscription. Allied Blenders IPO offers 5,32,74,020 shares. 1,06,54,804 (20.00%) to QIB, 79,91,103 (15.00%) to NII, 1,86,45,907 (35.00%) to RII, 1,17,647 (0.22%) to employees and 1,59,82,206 (30.00%) to Anchor investors. 3,51,809 RIIs will receive a minimum of 53 shares, …
