MedPlus Health Services, the second-largest pharmacy retailer in India, listed at Rs. 1,040 on the NSE and at Rs. 1,015 on the BSE. The company debuted on the stock market on 23 December 2021 at a fair 30.65% premium. This surge of around 40% is attributed to the strong IPO subscription figures and positive momentum …
The Supriya Lifescience IPO (Initial Public Offering) was subscribed 71.47 times by the end of 20 December 2021. It received 1,03,82,75,874 bids against an allotment of 1,45,28,299 equity shares on the final day of subscription. Supriya Lifescience is one of the country’s top manufacturers and suppliers of APIs (active pharmaceutical ingredients). The company produces 38 APIs in various …
The initial public offering of CMS Info Systems saw a subscription of 1.95 times by the end of its closing day. As of 23 December 2021, this IPO received 7,32,71,721 bids against 3,75,60,975 equity shares allotted by the company. As of March 2021, CMS Info Systems is the largest cash management firm in this nation. …
Starting today, December 21, 2021, the initial public offering (IPO) of CMS Info Systems opens for the subscription. The Navi Mumbai based cash management company is offering shares worth Rs. 1,100 crore for different participants to invest. CMS Info Systems IPO shall close on Thursday, December 23, 2021. In the three-day offer, the company is planning to …
As OYO awaits approval for its Rs. 8,430 crores Initial Public Offering, its early investors may stand to receive huge returns from their investment. However, many early and recent investors such as Sequoia, Lightspeed Ventures, Microsoft, Airbnb and the founder Ritesh Aggarwal do not plan to offload any shares. At the time of Microsoft’s US$5 million …
CMS Info Systems Subscription The CMS Info Systems IPO has received a lukewarm reaction from investors, with just 80 percent of the shares subscribed on the last day of bidding. In comparison to the IPO size of 3.75 crore equity shares, the offer has received bids for 2.99 crore equity shares. Non-institutional investors have bid 7% of …
On Wednesday, 23 December 2021, Foxconn’s Indian subsidiary Bharat FIH filed DRHP (draft red herring prospectus) for an IPO (Initial Public Offering). The company now awaits approval from the market regulator SEBI to be able to raise Rs. 5,000 (US$662.97million) from the public issue. Bharat FIH is the Indian arm of the Hong-Kong listed FIH …
The Campus Activewear IPO news buzz broke out on Friday when the company submitted a draft version of a red herring prospectus with the regulator, Securities Exchange Board of India (SEBI) to get their shares listed on the stock exchanges. The company is planning on doing so by offering shares tallying up to 5.1 crores currently …
Casual restaurant chain Barbeque Nation hits the IPO road with a Rs 453 core offer. The bidding window opens on March 24 for two days. Before it floats into the market, let’s look at the important points related to it. Barbeque Nation IPO In a maiden offer, Barbeque Nation plans to rake Rs 453 crore from the …
The wire and cables manufacturing company RR Kabel commenced its initial public offering (IPO) on September 13 within a price range of Rs 983 to Rs 1,035 and is scheduled to conclude on September 15. This IPO comprises a total offer worth Rs 1,964 crore, out of which Rs 180 crore is fresh issue and …
