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Deepak Chemtex lists at a 90% premium at Rs 152 per share on the BSE and hits the UC

Deepak Chemtex lists at a 90% premium at Rs 152 per share on the BSE and hits the UC

6 December 2023

Deepak Chemtex Limited operates within the realm of manufacturing colourants applied in various industries such as Food, Drugs, Cosmetics, Cleaning compounds, Agriculture, and others, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 152 per share, reflecting an impressive 90% premium compared to the final issue …

IPO update: Kross Limited files DRHP; aims to raise Rs 500 crore via IPO

IPO update: Kross Limited files DRHP; aims to raise Rs 500 crore via IPO

4 December 2023

Kross Limited, a significant player in the manufacturing of crucial components for medium and heavy commercial vehicles and farm equipment segments, submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on the first day of December. As outlined in the DRHP, the company aims to raise a total …

Flair Writing lists at a 65% premium; opens at Rs 503 per share on the BSE

Flair Writing lists at a 65% premium; opens at Rs 503 per share on the BSE

1 December 2023

Flair Writing Industries (Flair) is engaged in the development and manufacturing of writing instruments, securing a position among the top three players in the entirety of the writing instruments industry, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 503 per share, reflecting an impressive 65.46% …

Upcoming IPOs in December 2023

Upcoming IPOs in December 2023

30 November 2023

As November concludes, the anticipation for potential investment opportunities in December is rising. Following the launch of several IPOs in November, investors are keenly looking forward to the offerings lined up for the upcoming month.  These IPOs present a unique opportunity to invest in promising private companies on the brink of going public. Staying well-informed …

Rockingdeals Circular Economy surges 125% on debut; gets locked in UC

Rockingdeals Circular Economy surges 125% on debut; gets locked in UC

30 November 2023

Stock Performance  Today shares of Rockingdeals Circular Economy Ltd opened at Rs 300 on the NSE SME platform from its issue price of Rs 140 a share. After its initial public offering, the SME was subscribed over 213 times last week. After opening on the exchange, the stock surged by 5% to Rs 315, got …

FedBank Financial Services lists at a discount; opens at Rs 138 per share on the NSE

FedBank Financial Services lists at a discount; opens at Rs 138 per share on the NSE

30 November 2023

FedBank Financial Services Limited, a subsidiary of The Federal Bank Limited, offers a spectrum of financial solutions including Gold Loans, Home Loans, Loan Against Property (LAP), and Business Loan Services, which debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 137.75 per share, reflecting a 1.60% …

Stellar debut: Gandhar Oil lists at a 76% premium; opens at Rs 298 per share on the NSE

Stellar debut: Gandhar Oil lists at a 76% premium; opens at Rs 298 per share on the NSE

30 November 2023

Gandhar Oil Limited is a leading producer of white oils, catering specifically to consumer and healthcare industries, debuted on the Indian stock market today. Upon its debut on the BSE, the Gandhar Oil stock opened at Rs 295.40 per share, reflecting an impressive 74.79% premium compared to the issue price of Rs 169 per share …

Tata Technologies lists at a 140% premium; opens at Rs 1,200 per share on the NSE

Tata Technologies lists at a 140% premium; opens at Rs 1,200 per share on the NSE

30 November 2023

Tata Technologies Limited, incorporated in 1994, stands as a prominent global engineering services firm specializing in product development and digital solutions and debuted on the Indian stock market today. Upon its debut on the BSE, the Tata Technologies stock opened at Rs 1,199.95 per share, reflecting an impressive 139.99% premium compared to the issue price …

Stellar debut: IREDA lists at a 56% premium and opens at Rs 50 per share on the BSE

Stellar debut: IREDA lists at a 56% premium and opens at Rs 50 per share on the BSE

29 November 2023

The Indian Renewable Energy Development Agency Limited (IREDA) is a government-owned public limited company with the prestigious status of being a Mini Ratna enterprise and debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 50 per share, reflecting an impressive 56% premium compared to the issue …

Unlocking a Strategy for Achieving Profitable Returns from IPOS in 2023

Unlocking a Strategy for Achieving Profitable Returns from IPOS in 2023

28 November 2023

In the dynamic world of initial public offerings (IPOs), 2023 has emerged as a remarkable year, witnessing an intriguing trend that has investors and financial enthusiasts buzzing with excitement. The secret to substantial gains appears to lie in the IPOs that have garnered an astonishing 50 times or more in subscription rates. Let’s delve into …

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