IPO - Angel One - Page 226

EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 225 per share, reflecting a 2.17% discount compared to the final issue price of Rs 230 per share. The market capitalisation of the company …

Owing to healthy business growth, RenewBuy is all set to hit the primary market in about two years, according to the company’s co-founder and CEO, Balachander Sekhar. The digital insurtech company was incorporated in 2015 by Balachander Sekhar and Indraneel Chatterjee. Its primary aim was to curb the insurance demand-supply gap in rural and semi-urban …

Qualitek Labs Limited is engaged in providing comprehensive testing, inspection, homologation, certification, and consulting services, which debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 190 per share, reflecting an impressive 90% premium compared to the final issue price of Rs 100 per share. The market …

After a stellar year in 2021, the main market has slowed this year, with just three businesses successfully completing public offerings, compared to ten in the first two-and-a-half months of last year. The reason for this is a jittery secondary market, which has been shaken by global turbulence in the aftermath of Russia’s invasion of …

IPO Bonanza! The primary market is set for a Rs. 80,000 crores bonanza, with 30 businesses that have already filed IPO papers for a total of Rs. 55,000 crores, and another ten expected to file this month for a total of Rs. 25,000 crores. On the basis of a huge lot of investors — the …

Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies, it debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 465 per share, reflecting an 11.24% premium compared to …

The year 2023 witnessed a myriad of Initial Public Offerings (IPOs), with some companies flourishing while others faced significant challenges. Among the latter, certain IPOs stood out for their underwhelming performances, attracting attention for the wrong reasons. In this analysis, we explore the top 10 worst-performing IPOs of 2023, shedding light on the factors that …

New Swan Multitech Limited is engaged in the manufacturing of precision-engineered components and parts mainly for the automotive industry and modern farming, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 125.40 per share, reflecting an 90% premium compared to the final issue price of Rs …

Australian Premium Solar (India) Limited manufactures monocrystalline and polycrystalline solar modules and provides engineering, procurement, and construction services for residential, agricultural, and commercial applications, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 140 per share, reflecting a 159% premium compared to the final issue price …

The initial public offering of Devyani International was subscribed 116.70 times as of 5 PM on 6 August, the final day of its IPO. The IPO received bids for 13,13,79,21,555 shares against an issue size of 112,569,719 equity shares. In contrast, this IPO was subscribed only 3.06 times and 6.61 times on day 1 and day …