Edelweiss Alternative Asset Advisors (EAAA), the Subsidiary of Edelweiss has filed the Draft Red Herring Prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI) to float a ₹1,500 Cr IPO. Edelweiss Alternative Asset Advisors IPO is entirely an offer for sale (OFS). Edelweiss Securities and Investments Private Limited is the …
The Inventurus Knowledge Solutions IPO will offer 1.88 crore equity shares. The entire offering is through an offer-for-sale (OFS) mechanism. It will open on December 12 and close on December 16. The IPO aims to raise funds for business expansion. IPO Structure and Reservations The issue is divided into specific reservation categories to ensure a …
The India IPO market is buzzing with activity this week, offering investors a mix of opportunities across various industries. On the mainboard, 5 companies are gearing up to make their debut, including International Gemmological Institute (India) Limited, Inventurus Knowledge Solutions Limited, One MobiKwik Systems Limited, Sai Life Sciences Limited, and Vishal Mega Mart Limited. Upcoming …
The Indian subsidiary of South Korean giant LG Electronics has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). This move follows the landmark ₹27,870-crore IPO by Hyundai India two months ago, which marked the largest IPO in Indian history. LG …
Established in 2001, Vishal Mega Mart is a hypermarket chain that offers a diverse array of products, including clothing, groceries, electronics, and household essentials. They provide both their own brands and those of third parties to satisfy the daily needs of consumers. Vishal Mega Mart IPO The Vishal Mega Mart IPO is a book-built offering …
Canara Bank has received approval from the Reserve Bank of India (RBI) to divest equity stakes in its two subsidiaries, Canara Robeco Asset Management Company (AMC) and Canara HSBC Life Insurance Company, through Initial Public Offerings (IPOs). The planned divestments involve a 13% stake in Canara Robeco AMC and a 14.5% stake in Canara HSBC …
MobiKwik, a prominent player in India’s fintech landscape, is set to launch its Initial Public Offering (IPO) for a total amount of ₹572 crores. The offering will consist of 2.05 crore fresh shares, with a price band ranging from ₹265 to ₹279 per share. The IPO will open for subscription from December 11 to December …
Suraksha Diagnostic IPO made its stock market debut on December 6, 2024. Despite anticipation in the grey market, the shares are listed at a slight discount on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Performance and Listing Details Suraksha Diagnostic shares opened at ₹437 on the BSE, a 0.90% discount …
Sai Life Sciences Limited, a key player in the pharmaceutical sector, is gearing up for its ₹3,042.62 crore Initial Public Offering (IPO). The offering comprises a fresh issue of ₹950 crores and an Offer for Sale (OFS) of ₹2,092.62 crores. The company is known for its expertise in research and small-molecule new chemical entity research …
Vishal Mega Mart, the hypermarket chain, is preparing to launch its IPO, which will be open for subscription from December 11 to December 13, 2024. The IPO price band has been set at ₹74 to ₹78 per share, with a minimum lot size of 190 shares. Retail investors will need to invest a minimum of …
