IPO - Angel One

With operations spanning over a decade, Suryoday Small Finance Bank has emerged as one of the leading financial institutions in the country. The small finance bank has one of the best net interest margins, return on asset, yield and deposit growth. In FY20, Suryoday Small Finance Bank had the lowest cost-to-income ratio among Indian SFBs. …

AMIC Forging Limited, previously recognised as Kali Mata Forging Private Limited specialises in crafting forged components for diverse industries and debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 239.40 per share, reflecting an impressive 90% premium compared to the issue price of Rs 126 per …

Deepak Chemtex Limited operates within the realm of manufacturing colourants applied in various industries such as Food, Drugs, Cosmetics, Cleaning compounds, Agriculture, and others, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 152 per share, reflecting an impressive 90% premium compared to the final issue …

Antony Waste Handling Company (AWHCL)is primarily engaged in the management of Municipal Solid Waste (MSW). It specifically provides its services to Indian municipalities through the collection, transportation, processing, and disposal of solid waste from these areas. Collection and transportation make up 60% of its revenue, while processing makes up the remaining 40% of it. Its …

Omnichannel retail pharmacy chain Wellness Forever will float an IPO to raise approximately Rs 1,000 -1,200 crores from the market. The company has already appointed investment bankers and advisors to manage the offer on their behalf. When listed in NSE and BSE, the company will become the first pharmacy chain to list on the Indian …

Kross Limited, a significant player in the manufacturing of crucial components for medium and heavy commercial vehicles and farm equipment segments, submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on the first day of December. As outlined in the DRHP, the company aims to raise a total …

As November concludes, the anticipation for potential investment opportunities in December is rising. Following the launch of several IPOs in November, investors are keenly looking forward to the offerings lined up for the upcoming month.  These IPOs present a unique opportunity to invest in promising private companies on the brink of going public. Staying well-informed …

Sufficient and cheap funding may become a thing of the past as international financial institutions scramble back to a normal interest rate environment and begin restructuring their unduly bloated balance sheets. The US Federal Reserve is projected to end its quantitative easing programme by March 2022, and an American economist at Jefferies estimates that seven …

Flair Writing Industries (Flair) is engaged in the development and manufacturing of writing instruments, securing a position among the top three players in the entirety of the writing instruments industry, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 503 per share, reflecting an impressive 65.46% …

Stock Performance  Today shares of Rockingdeals Circular Economy Ltd opened at Rs 300 on the NSE SME platform from its issue price of Rs 140 a share. After its initial public offering, the SME was subscribed over 213 times last week. After opening on the exchange, the stock surged by 5% to Rs 315, got …