The initial public offering (IPO) of Interarch Building Products will open for subscription on August 19. The issue closes on August 21. Through the public offer, the company plans to raise around Rs 600 crore. Here are 10 things to know about the Interarch Building Products IPO before subscribing to the issue. 1) What is … Read more
The SME IPO of Positron Energy has opened for subscription today and will close on August 14. The company aims to raise about Rs 51.21 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 … Read more
Go Digit, the fast-growing general insurance company, listed at Rs 286 per share, translating to a 5% gain over the issue price of Rs 272. The listing fell short of expectations as the grey market trends suggested a potential gain of around 10%. Analysts said Go Digit’s position as the fastest-growing private non-life insurer by … Read more
After a successful IPO, the shares of Owais Metal and Mineral Processing debuted on the NSE SME platform on Monday with a premium of 187.4%. The stock was listed at Rs 250 as against an issue price of Rs 87. Ahead of the debut, the GMP of Owais Metal was robust at Rs 140. The … Read more
The initial public offer (IPO) of Juniper Hotels, which runs hotels under the “Hyatt” brand, opened for subscription. Through the public offer, the company plans to raise around Rs 1,800 crore. The IPO with a face value of Rs 10 is entirely a fresh equity with no offer for sale (OFS) component. About 75% of … Read more
Vibhor Steel Tubes IPO received the highest subscription so far at nearly 300 times, driven by strong non-institutional and retail interest. Post the overwhelming response, the company is likely to finalise the share allotment later today. The whole allotment process will be overseen by a registrar and investors will get the shares on a lottery … Read more
The shares of Medi Assist Healthcare listed at 11.2% premium on BSE on Tuesday. The company became the first insurance third-party administrator (TPA) in India to make its debut at the bourses. The stock was listed at Rs 465 on BSE as compared to an issue price of Rs 418. Meanwhile, the stock listed at … Read more
After a successful IPO, Medi Assist Healthcare will finalise the share allotment to investors by today evening. Under the allotment process, investors will be allocated shares on a lottery basis. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website. Firstly, here’s how you … Read more
The shares of Azad Engineering will debut on the exchanges today. Ahead of the listing, the company’s shares are trading with a premium of Rs 172 in the unlisted market. The company’s shares are likely to list with a premium of 33%. The issue was priced in the range of Rs 499-524. The IPO of … Read more
Azad Engineering IPO: The allocation of shares for the Azad Engineering IPO is set to be completed on December 26, with investors receiving shares through a lottery system overseen by the registrar.As per ET, on the allotment date, investors can ascertain the number of shares allotted to them in comparison to their bids. To check … Read more