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Ather Energy files for IPO

Ather Energy files for IPO

9 September 2024

The Ather Energy scooter is not just a mode of transportation but also a statement of sustainability and innovation. With its electric drivetrain and state-of-the-art technology, it epitomizes the urban mobility of the future. Not only can riders reduce their carbon footprint, but they can also enjoy a smooth and quiet ride. The Ather Energy …

Arkade Developers’ Rs.410 Crore IPO Set to Launch on September 16, 2024.

Arkade Developers’ Rs.410 Crore IPO Set to Launch on September 16, 2024.

9 September 2024

Mumbai-based real estate firm, Arkade Developers Ltd, has announced gearing up for its Initial Public Offering (IPO) worth Rs.410 crore. The IPO, scheduled to open on September 16, 2024, will be available for public subscription until September 19, 2024, while the bidding for anchor investors begins on September 13, 2024. IPO Details & Fund Allocation …

IPO Subscribed Over 200 Times: Gala Precision Lists with Handsome Gains, Stock Locked at Upper Circuit

IPO Subscribed Over 200 Times: Gala Precision Lists with Handsome Gains, Stock Locked at Upper Circuit

9 September 2024

Shares of Gala Precision Engineering made a remarkable debut on the stock exchanges on Monday, September 9, with impressive gains that caught the attention of investors. The company’s shares were listed at Rs 750 on the BSE, reflecting a premium of 42% over the issue price of Rs 529. On the NSE, the shares were …

Shree Tirupati Balajee IPO Subscribed 8.56x on Day 2

Shree Tirupati Balajee IPO Subscribed 8.56x on Day 2

6 September 2024

Shree Tirupati Balajee’s IPO has garnered an increased subscription from retail investors. Shree Tirupati Balajee’s IPO is a book-built issue of ₹169.65 crores. The issue combines a fresh issue of 1.48 crore shares aggregating to ₹122.43 crore and an offer for sale of 0.57 crore shares aggregating to ₹47.23 crore. Shree Tirupati Balajee IPO price …

Swiggy To Use IPO Proceeds for Increasing Instamart Store Count

Swiggy To Use IPO Proceeds for Increasing Instamart Store Count

6 September 2024

Food delivery giant Swiggy is set to allocate a significant portion of its upcoming initial public offering (IPO) funds to bolster its quick commerce venture, Instamart. This strategic move comes as competitors like BlinkIt, Zepto, and BigBasket intensify their efforts in the fast-growing sector. While several existing investors, including Prosus Ventures, Norwest Venture Partners, and …

SME IPOs: Are There Signs to Worry For Investors?

SME IPOs: Are There Signs to Worry For Investors?

6 September 2024

The SME IPO market has been on a roll, with companies witnessing overwhelming subscription levels. However, amidst the frenzy, concerns about potential malpractices and market manipulation have been raised. A Wave of Over-Subscriptions Resourceful Automobile, Travels & Rentals, HOAC Foods India, and Magenta Lifecare are just a few examples of SME IPOs that have attracted …

Baazar Style Retail Disappoints on Debut: What’s Next for Jhunjhunwala-backed Retail Giant?

Baazar Style Retail Disappoints on Debut: What’s Next for Jhunjhunwala-backed Retail Giant?

6 September 2024

Baazar Style Retail’s Lackluster Listing Baazar Style Retail Ltd., backed by Rekha Rakesh Jhunjhunwala, made its much-anticipated debut on Dalal Street, but it failed to deliver the expected fireworks. Listed at par with its issue price of Rs 389 on both NSE and BSE, the stock opened without any initial pop. However, it managed to …

Shree Tirupati Balajee IPO Opened Today: Did You Subscribe?

Shree Tirupati Balajee IPO Opened Today: Did You Subscribe?

5 September 2024

The Shree Tirupati Balajee IPO opened for bidding on September 5, 2024, and will close on September 9, 2024. Shree Tirupati Balajee’s IPO is a book-built issue of Rs 169.65 crores. The issue combines a fresh issue of 1.48 crore shares aggregating to Rs 122.43 crore and an offer for sale of 0.57 crore shares …

Bajaj Housing Finance IPO: Strong Debut Expected with Premium Pricing

Bajaj Housing Finance IPO: Strong Debut Expected with Premium Pricing

5 September 2024

upcoming Bajaj Finance IPO is likely to positively impact its parent company, Bajaj Finance, with a potential share price boost of up to 5%. The IPO opens for public subscription on September 9 and closes on September 11, with shares expected to list on September 16. The IPO, valued at ₹6,560 crore, includes a fresh …

Wildnet Technologies Submits IPO Filing with SEBI

Wildnet Technologies Submits IPO Filing with SEBI

5 September 2024

Wildnet Technologies is a technology-driven company specializing in software development, consulting, digital marketing, design, and development services. The company also offers IT outsourcing and white-label services, catering to a wide range of industries, including manufacturing, education, e-commerce, healthcare, IT, banking, media, and marketing. The firm provides a comprehensive range of digital marketing services such as …

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