Midwest, a natural stone mining and exporting player, will open its Rs 451-crore initial public offering (IPO) for subscription on October 15. The book-built issue comprises a fresh share sale worth Rs 250 crore and an offer for sale (OFS) of Rs 201 crore by existing shareholders. The IPO will close on October 17, with … Read more
Austere Systems’ Rs 16-crore IPO, which closed on September 9, saw a massive subscription of over 1,000 times. The SME issue attracted strong demand across retail and non-institutional categories, making allotment chances slim for small investors. The allotment has been finalised on September 10, with refunds and demat credit scheduled for September 11. Shares are … Read more
Mumbai-based OnEMI Technology Solutions that operates India’s digital lending platform (Kissht), a technology-enabled lender in India has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). About OnEMI Technology Solutions IPO The IPO, with a face value of … Read more
Gem Aromatics, a manufacturer of speciality ingredients, on Monday mobilised over Rs 135 crore from anchor investors, ahead of its initial public offering (IPO) opening for subscription. Some of the institutions that participated in the anchor round includes Citigroup Global, Societe Generale, Goldman Sachs, Nippon India Mutual Fund, SageOne, Nuvama, and Niveshaay Sambhav Fund, according … Read more
Meta Infotech made a strong debut on the BSE SME platform today, listing at Rs 225 per share, a 39.75% premium over its IPO price of Rs 161. The Rs 80.18 crore public issue was subscribed 166.94 times overall, with particularly strong interest from high-net-worth individuals (HNIs), whose quota was subscribed over 309 times. The … Read more
Ganga Bath Fittings, a leading manufacturer and supplier of bathroom accessories, is set to debut on the NSE SME platform. The IPO aimed to raise Rs 32.65 crore through a fresh issue of 66.63 lakh shares at a fixed price of Rs 49 per share. Ahead of the listing, the grey market premium (GMP) for … Read more
The initial public offering (IPO) of Astonea Labs, a company engaged in manufacturing pharmaceutical and cosmetic products, will open for subscription on May 27, and close on May 29. The company is aiming to raise Rs 37.67 crore through a fresh issue of 27.90 lakh shares. It will be listed on the BSE SME platform, … Read more
Accretion Pharmaceuticals has opened its initial public offering (IPO) for subscription today, May 14. The IPO, which is set to close on May 16, aims to raise Rs 29.75 crore through a fresh issue of 29.46 lakh equity shares. Ahead of the issue opening, the GMP is muted at Rs 0. The IPO follows a … Read more
After strong subscription response on the first two days, Standard Glass Lining Technology IPO will close for subscription today. The Rs 1,250 crore issue is a mix of fresh equity issue of up to Rs 210 crore and an offer of sale of up to 1.42 crore shares. Overall, the IPO received robust demand with … Read more
Capital Infra Trust, an infrastructure investment trust sponsored by Gawar Construction Ltd, on Friday said it has fixed a price band of Rs 99-100 per unit for its Rs 1,578-crore initial public offering (IPO). The IPO that opens for public subscription on January 7, will conclude on January 9, the company said in a statement. … Read more