Ajay Poly, a leading manufacturer based out of Delhi, known for its refrigeration sealing solutions, has recently announced its plans to go public. The company has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), setting the stage for an intriguing initial public offering (IPO). IPO Details Ajay …
Credila Financial Services, formerly known as HDFC Credila Financial Services, has taken a significant step towards its public market debut by filing pre-filed draft papers with the Securities and Exchange Board of India (SEBI). The move aims to raise funds via an initial public offering (IPO) on the mainboard of the Bombay Stock Exchange (BSE) …
Unimech Aerospace and Manufacturing IPO, one of the upcoming IPOs, is set to debut on the stock market on Tuesday, December 31, 2024. The company’s shares will be listed on both major exchanges, marking an important milestone for the firm. IPO Response and Subscription The ₹500 crore IPO, which was open for public bidding from …
The Indo Farm Equipment IPO, one of the upcoming IPOs, opens for subscription on Tuesday, December 31, 2024, and closes on Thursday, January 2, 2025. Company Overview Indo Farm Equipment is a well-established manufacturer of tractors and Pick & Carry Cranes with over 20 years of experience. The company also sells agricultural equipment like harvester …
As we approach the close of 2024, both D-Street and the primary market are busy with activity, featuring 4 upcoming listings and the launch of 2 new IPOs—one on the mainboard and one on the SME segment. Throughout the year, the primary market has remained highly active, with several IPOs launched across sectors such as …
Nelsoft, a Pune-based company, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of ₹1,000 crore and an offer for sale (OFS) of up to 8 million shares by existing promoters …
Sri Lotus Developers Limited submitted its Draft Red Herring Prospectus (DRHP) to the market regulator, the Securities and Exchange Board of India (SEBI) on Thursday, December 26, 2024. Monarch Networth Capital Limited and Motilal Oswal Investment Advisors Limited are acting as the book-running lead managers for the Sri Lotus Developers IPO. KFin Technologies Limited has …
Unimech Aerospace IPO allotment is scheduled for December 27, 2024. This follows the completion of the IPO subscription, which raised ₹500 crore. The issue saw an overwhelming response with a subscription rate of 174.93 times. Unimech Aerospace and Manufacturing Ltd’s IPO witnessed massive demand, especially on the final day of bidding. Investors placed bids for …
Mangal Electrical Industries Limited (MEIL), established in 1990, is an ISO 9001:2015 certified company specializing in the manufacturing of transformer components and accessories. With over 50 years of industry experience, MEIL has become a leading supplier of CRGO (Cold Rolled Grain Oriented) products and transformers in India. About IPO Mangal Electrical Industries aims to raise …
Ventive Hospitality IPO, one of the upcoming IPOs, allotment status is set for today, December 26, 2024. You can check the allotment status on the registrar’s website, Kfin Technologies Limited, as well as on the NSE and BSE websites. Successful bidders can expect the shares to be credited to their demat accounts on Friday, December 27. …
