Medicap Healthcare Ltd has filed draft papers with markets regulator Sebi to raise Rs 240 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Monday. The company plans to … Read more
Given the bearish momentum in the secondary markets, IPOs are seeing a slowdown with just 1 SME issue slated to open next week. Apart from this, the Street will also see 4 listings, again all of them on the SME platforms of the exchanges. Despite the lull in the primary market currently, analysts expect the … Read more
HMA Agro Industries‘ shares fetched a mild premium of 7% on their stock market debut. The stock got listed at Rs 615 on BSE, compared with an issue price of Rs 585. It was last trading 7.32% higher at Rs 627.85. Analysts advise investors to hold the stock for at least six to eight months … Read more
The Rs 480 crore initial share sale of HMA Agro Industries will open for subscription on June 20 and close on June 23. The company has fixed a price band of Rs 555-585 per equity share for the public offer. The floor price is 55.5 times the face value and the cap price is 58.5 … Read more