Malpani Pipes and Fittings is set to launch its SME initial public offering (IPO) on January 29, 2025, with a price band of Rs 85-90 per share. The IPO aims to raise Rs 25.92 crore through the issuance of 28.80 lakh fresh shares. Specializing in the manufacturing of high-quality pipes, including HDPE, MDPE, LLDPE, and … Read more
The Securities and exchange board of India (Sebi) has sought feedback on a proposal to raise the application size of IPOs of small and medium companies to up to Rs 4 lakh on account of the sharp rise in the market size and with a view to protect smaller retail investors. The markets regulator released … Read more
Capital markets regulator Sebi has asked the exchange BSE to not proceed with Trafiksol ITS Technologies listing amid serious concerns over misuse of the net proceeds received from the IPO. Sebi said it received complaints from various entities regarding a purchase of a software from a third party vendor, which on prima facie appears to … Read more
The SME IPO of Kalana Ispat will open for subscription today and close on September 23. The company aims to raise nearly Rs 32.6 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue. … Read more
As SME IPOs become a more mainstream asset class for investors, regulators are looking to formalize the market through multiple checks and balances. In one such move, the leading exchange NSE capped the listing price of SME issues at 90%, regardless of the grey market trends. Nephro Care, which had a pre-listing grey market premium … Read more
“Given the current scenario, deploying 80% of the equity allocation through weekly STP over the next 8-10 weeks is advisable, with the remaining allocation to be adjusted post-election, depending on the prevailing conditions. STP/SIP remains the preferred route for investing,” says Kshitiz Mahajan, CEO of Complete Circle Wealth. In an interview with ETMarkets, Mahajan said: … Read more
The initial public offering (IPO) of Arvind and Company Shipping Agencies will open for public subscription on October 12. The issue closes on October 10. Here are 10 things to know about the offer. 1) Company OverviewArvind and Company Shipping Agencies is engaged in the shipping industry business as a barge service provider. Part of … Read more
Initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. The primary market has been buzzing with new public offerings in the second half of the year, and the pace is increasing with each passing week. This week, IPOs of three companies … Read more
Initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Like last week’s busy schedule, Dalal Street is gearing up for another busy week in the primary market as one main board and three small and medium enterprises (SME) IPOs will hit … Read more
The initial public offering (IPO) of Greenchef Appliances will open for public subscription on June 23 and close on June 27. The company’s shares will get listed on the NSE Emerge platform. Here are 10 things to know about the public offer 1) Company overview The company is engaged in the business of manufacturing and … Read more