Zinka Logistics Solutions, the parent company of BlackBuck, has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). The Bengaluru-based logistics startup, which filed its draft papers in July 2024, was issued the final observation letter from SEBI on October 3, clearing the way for …
Manba Finance, a Maharashtra-based non-banking financial company (NBFC) is soon to launch its Rs 150-crore initial public offering IPO on September 23, 2024. The IPO price range has been fixed at a share price interval between Rs.114 and Rs.120, with the subscription period closing on the 25th of September 2024. Interestingly, this is a fresh …
PMEA Solar’s diverse range of products and services cater to a wide variety of industries, showcasing their versatility and expertise in manufacturing. With 11 manufacturing facilities strategically located across Maharashtra and Gujarat, the company is well-equipped to meet the demands of its clients and provide high-quality solutions for their specific needs. This extensive reach allows …
Northern Arc Capital IPO opens for bidding on September 16, 2024 and closes on September 19, 2024. It comprises a fresh issue of equity shares worth ₹500 crore and an offer for sale (OFS) of up to 10,532,320 equity shares by investor shareholders, totalling ₹277 crore. This brings the overall size of the IPO to …
Rajasthan’s KRN Heat Exchanger and Refrigeration has announced gearing up to go public with its initial public offering (IPO) on September 25, 2024. The company, known for its fin and tube-type heat exchangers, will offer 1.55 crore equity shares with a face value of Rs.10 each. While the final price band is still under wraps, …
The Securities and Exchange Board of India (SEBI) has finally given its green light to the much-anticipated public offering (IPO) of National Securities Depository Limited (NSDL). This marks a significant milestone for the Indian capital market, as NSDL is a crucial player in the dematerialization and settlement of securities. The IPO, which will be an …
Garuda Construction and Engineering IPO has opened for bidding on October 8, 2024 and closes on October 10, 2024. Garuda Construction and Engineering IPO is a book-built issue of ₹264.10 crore. The issue is a combination of a fresh issue of 1.83 crore shares aggregating to ₹173.85 crores and an offer for sale of 0.95 …
Hero Motors, an auto components manufacturer led by Pankaj Munjal, has withdrawn its Draft Red Herring Prospectus (DRHP) submitted to the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) valued at ₹900 crore. The proposed IPO included a fresh issue of up to ₹500 crore, while ₹400 crore was intended …
All Time Plastics Limited has filed the draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO). All Time Plastics IPO is a combination of the fresh issue and offer for sale (OFS), whereby, the company is seeking to raise ₹350 …
One of the leading concrete equipment manufacturers, Ajax Engineering Limited has submitted the draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India to float an initial public offering (IPO). Ajax Engineering IPO is entirely an offer-for-sale (OFS) of 2,28,81,718 equity shares of face value of ₹1 each. Ajax …
