Senores Pharmaceuticals, a global research-driven pharmaceutical company, has filed a draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI), to float an IPO comprising a fresh issue and offer for sale (OFS). Senores Pharmaceuticals IPO to raise ₹500 crore via fresh issue, and the selling shareholders will …
Founded in 2017, Ola Electric Mobility Limited specializes in manufacturing electric vehicles and key components like battery packs, motors, and vehicle frames at its Ola Futurefactory. Since August 2021, the company has launched seven new products and announced four more. The flagship Ola S1 Pro was delivered in December 2021, followed by models like the …
Founded in 2002, Ceigall India Limited specializes in infrastructure construction with a focus on specialized structural projects. These projects include elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways. By July 2024, the company had completed over 34 road and highway projects, including 16 EPC projects, one HAM project, five O&M projects, and …
The specialised engineering equipment manufacturer Standard Glass Lining Limited has filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India, to float an initial public offering (IPO). As per DRHP, Standard Glass Lining’s IPO value stood at ₹600 crore, which comprises a fresh issue of shares worth ₹250 …
Founded in 1982, Sanstar Limited specializes in producing plant-based ingredients and solutions for food, pet food, and industrial applications in India, debuted on the stock market today. The company’s stock settled at Rs 106.40 per share on the BSE, representing an impressive 12% premium over the final issue price of Rs 95 per share. Additionally, …
Akums Drugs and Pharmaceuticals Limited is a leading pharmaceutical contract development and manufacturing organization (CDMO) that provides extensive pharmaceutical products and services in India and internationally. The company offers end-to-end solutions for product development, manufacturing, and R&D of formulations. It prepares and submits regulatory dossiers for both Indian and global markets and provides various testing …
Introduction In a significant development for the Indian stock market, the National Stock Exchange of India Limited (NSE) has achieved a landmark with the listing of its 500th SME company on the NSE EMERGE platform. This milestone highlights the growing importance and success of SME companies in India’s economic landscape. The 500th Listing: Prizor Viztech …
Stallion India Fluorochemicals has received the green light from the Securities and Exchange Board of India (SEBI) to raise capital through an initial public offering (IPO). The company plans to issue new equity shares and conduct an offer-for-sale, as detailed in their draft red herring prospectus. IPO Details and Allocation of Funds Stallion India Fluorochemicals …
Crizac Ltd., a student recruitment solution provider based in Kolkata, has encountered a significant hurdle in its plans to launch a Rs 1,000-crore initial public offering (IPO). The Securities and Exchange Board of India (SEBI) has returned the draft documents, causing a delay in the company’s initial share sale. This IPO was intended to be …
In October 2022, the Reserve Bank of India (RBI) mandated that Non-Banking Financial Companies (NBFCs) belonging to the upper layer (UL) of the system should be listed publicly on the exchange by the end of September 2025. As a result, we have observed HDFC Bank Ltd., one of India’s largest private sector banks, taking steps …
