IPOs - Angel One

Flair Writing Industries has submitted the Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) with the objective of raising Rs 745 crore through an Initial Public Offer (IPO). Flair Writing Industries, a company with a long-standing presence and a proven history of expansion, has built a solid reputation in …

Senco Gold, a prominent Jewellery retailer, is listed with a premium of 36% at Rs 431 per share on BSE. On the NSE, the stock debuted at Rs 430, indicating an impressive increase of 36% compared to its final listing price of Rs 317. Currently, the stock is trading at Rs 418 on the BSE. …

National Securities Depository Limited (NSDL), a SEBI-registered market infrastructure institution (MII) that provides a comprehensive array of financial and securities market products and services in India, has submitted its Draft Red Herring Prospectus to the Securities and Exchange Board of India (SEBI).  The IPO will consist solely of an Offer for Sale, wherein up to …

ideaForge, a prominent drone manufacturer, is listed with a premium of 94.21% at Rs 1305.10 per share on BSE. On the NSE, the stock debuted at Rs 1,300, indicating an impressive increase of 93.45% compared to its initial public offering price of Rs 672. Currently, while writing this article the stock is trading at Rs …

Muthoot Microfin has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) in order to initiate its initial public offering (IPO). The company plans to raise Rs 1,350 crore through the sale of its initial stake. In 2018, the company had previously submitted draft documents. The proposed IPO …

On Wednesday, The Securities and Exchange Board of India (SEBI) slashed the period for listing of shares in public issue (IPO) from existing six (T+6) days to three (T+3) days, from the date of closure of the issue. “T” is the day the issue closes for the subscription.  According to the SEBI, the revised timeline …

ideaForge Technology, a leading drone manufacturer in India, is one of the pioneers in the country’s unmanned aircraft systems industry. Established in 2007, is a company dedicated to the manufacturing of Unmanned Aircraft Systems. In the year 2022, they achieved an impressive market share of 50%. The recent offering by the company received a highly …

At the beginning of Q2 of the current fiscal year, several companies lined up for their debut in the stock market. Companies list themselves on the bourses through initial public offerings or IPOs. In the process, businesses raise fresh capital from the market by releasing the equity shares of their companies.   News about a new …

Today, IKIO Lighting Ltd made a remarkable debut on both the NSE and BSE, with a substantial premium of 38% as expected. On the NSE, the stock opened at Rs 392.50, marking a 37.7% increase from its issue price of Rs 285.    Similarly, on the BSE, it opened at Rs 391, reflecting a 37.19% rise …

Business Overview  IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions. It initially started as a manufacturer of fan regulator switches and rotary potentiometers for the audio and TV industry in 1999. In 2008, the company expanded into the LED manufacturing space. They design, develop, manufacture, and supply products for customers …