Small and Medium Enterprises (SMEs) in India have enjoyed rapid growth in the public market, but this success has brought challenges. The Securities and Exchange Board of India (SEBI) is stepping in with stricter rules for SME Initial Public Offerings (IPOs) to protect investors and maintain market integrity. Let’s dive into what’s changing and why. …
On day 2 of the bidding, Enviro Infra Engineers IPO was subscribed 4.51 times by 1:30 PM. The non-institutional investor category received significant interest, with subscriptions at 12.99 times. Qualified institutional buyers (QIBs) subscribed 1.02 times, while the employee segment was oversubscribed 3.08 times. The IPO opened for subscription on November 22, 2024, and will close on …
The Indian IPO market is on fire, and December 2024 looks set to be no exception. With at least 10 companies planning to raise a whopping ₹20,000 crore, it’s clear that the primary market is buzzing with activity. From retail giants like Vishal Mega Mart to specialised players like the International Gemmological Institute (India) Ltd, …
Lamosaic India’s Initial Public Offering (IPO) is open for subscription starting Thursday, November 21 and will close on Tuesday, November 26. The IPO price has been set at ₹200 per share, with a face value of ₹10 each. Investors can bid for a minimum of 600 shares and, thereafter, in multiples of 600 shares. Lamosaic …
On the 2nd day of bidding, the C2C Advanced Systems IPO witnessed increased interest from the various investors. The IPO opened for subscription on November 22, 2024, and will close on November 26, 2024. C2C Advanced Systems IPO allotment is expected to be finalised on Wednesday, November 27, 2024. The price band for the IPO …
Initial Public Offerings (IPOs) have long been the go-to avenue for retail and High high-net-worth individuals (HNIs) seeking quick listing gains. However, the once-red-hot IPO market is now witnessing a marked slowdown in enthusiasm. Volatility in the secondary market and lofty valuations are forcing investors to take a step back. Let’s explore what’s behind this …
NTPC Green Energy IPO closed for bidding on November 22, 2024. The IPO was of a book-built issue which comprised a fresh issue of 92.59 crore shares, with the price band set between ₹102 to ₹108 per share. Investors were invited to bid for the issue from November 19, 2024, to November 22, 2024. NTPC Green …
Abha Power and Steel Limited, established in 2004, specializes in tailor-made iron and steel casting solutions. The company runs ISO 9001:2015-certified foundries in Bilaspur with a capacity of 14,400 MTPA and provides more than 1,000 different products. Catering to the steel, power, and cement sectors, as well as Indian Railways, it has a robust clientele, …
Agarwal Toughened Glass India Limited, established in 2009, specializes in the manufacturing of toughened glass and processes different kinds of glass. In addition to toughened glass, the company produces a range of glass products, including laminated, frosted, tinted, reflective, clear, and double-glazed options. These products are utilized in items such as shower doors, refrigerator shelves, …
Ganesh Infraworld Limited was initially established as a partnership under the name ‘Ganesh International’ through a Deed of Partnership on May 15, 2017, by Vibhoar Agrawal and Rachita Agrawal. The business of ‘Ganesh International’ was subsequently transformed from a partnership into a private limited company called ‘Ganesh Infraworld Private Limited,’ which received its Certificate of …
