One of the leading housing finance companies in India, Bajaj Housing Finance Limited’s IPO opened for bidding on September 9, 2024, and will close on September 11, 2024. Bajaj Housing Finance IPO is a book-built issue of ₹6,560.00 crores. The issue is a combination of a fresh issue of 50.86 crore shares aggregating to ₹3,560.00 …
Bajaj Housing Finance Ltd (BHFL), a subsidiary of Bajaj Finance, is set to enter the stock market, aiming to capitalise on the growing prime housing market. Bajaj Housing Finance IPO opened on September 9, 2024, and closes on September 11, 2024. The price band for the IPO has been set at ₹66-₹70 per share. Known …
Hexaware Technologies, a big name in the digital and tech services world, has submitted its draft red herring prospectus (DRHP) to SEBI for a Rs.9,950 crore initial public offering (IPO). This upcoming IPO will be an offer for sale by CA Magnum Holdings, a Carlyle Group subsidiary that currently holds around 95% of Hexaware. Company …
The Ather Energy scooter is not just a mode of transportation but also a statement of sustainability and innovation. With its electric drivetrain and state-of-the-art technology, it epitomizes the urban mobility of the future. Not only can riders reduce their carbon footprint, but they can also enjoy a smooth and quiet ride. The Ather Energy …
Mumbai-based real estate firm, Arkade Developers Ltd, has announced gearing up for its Initial Public Offering (IPO) worth Rs.410 crore. The IPO, scheduled to open on September 16, 2024, will be available for public subscription until September 19, 2024, while the bidding for anchor investors begins on September 13, 2024. IPO Details & Fund Allocation …
Shares of Gala Precision Engineering made a remarkable debut on the stock exchanges on Monday, September 9, with impressive gains that caught the attention of investors. The company’s shares were listed at Rs 750 on the BSE, reflecting a premium of 42% over the issue price of Rs 529. On the NSE, the shares were …
Shree Tirupati Balajee’s IPO has garnered an increased subscription from retail investors. Shree Tirupati Balajee’s IPO is a book-built issue of ₹169.65 crores. The issue combines a fresh issue of 1.48 crore shares aggregating to ₹122.43 crore and an offer for sale of 0.57 crore shares aggregating to ₹47.23 crore. Shree Tirupati Balajee IPO price …
Food delivery giant Swiggy is set to allocate a significant portion of its upcoming initial public offering (IPO) funds to bolster its quick commerce venture, Instamart. This strategic move comes as competitors like BlinkIt, Zepto, and BigBasket intensify their efforts in the fast-growing sector. While several existing investors, including Prosus Ventures, Norwest Venture Partners, and …
The SME IPO market has been on a roll, with companies witnessing overwhelming subscription levels. However, amidst the frenzy, concerns about potential malpractices and market manipulation have been raised. A Wave of Over-Subscriptions Resourceful Automobile, Travels & Rentals, HOAC Foods India, and Magenta Lifecare are just a few examples of SME IPOs that have attracted …
Baazar Style Retail’s Lackluster Listing Baazar Style Retail Ltd., backed by Rekha Rakesh Jhunjhunwala, made its much-anticipated debut on Dalal Street, but it failed to deliver the expected fireworks. Listed at par with its issue price of Rs 389 on both NSE and BSE, the stock opened without any initial pop. However, it managed to …
