Sai Life Science Ltd., a Hyderabad-based global pharmaceutical company backed by TPG Group, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). This significant step will help the company raise funds to support its growth and operational needs. IPO Details and Shareholder Information Sai Life …
IPO-bound company Swiggy, which delivers food and groceries in India, is set to release its IPO in a few weeks. Before that, they announced on Monday its fifth ESOP (Employee Stock Ownership Plan). Under this plan, various levels and functional employees have access to funds worth Rs. 540 crore. With this fifth liquidity event since …
Today, on the last day of the bidding process, Emcure Pharmaceuticals Limited IPO was subscribed 67.84 times. The retail portion was subscribed to 7.33x, 191.24x in Qualified Institutional Buyers (QIB), 49.28x in Non-Institutional Investors (NII), and 8.78x in the employees category. Here’s a table to understand the day-wise subscription Date QIB NII Retail EMP Total …
Sanstar Limited, a company founded in 1982, specializes in the manufacture of speciality plant-based products and ingredient solutions for food, pet food, and various industrial applications in India. The company’s diverse product portfolio includes liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches, and by-products such as germ, gluten, …
Bansal Wire Industries Limited specializes in manufacturing stainless steel wire, debuted on the Indian stock market today. The stock of Bansal Wire Industries settled at Rs 352.05 per share on the BSE, representing an impressive 37.52% premium over the final issue price of Rs 256 per share. Additionally, on the NSE, the company’s shares opened …
Emcure Pharmaceuticals Limited, an Indian firm, that specializes in the development, manufacturing, and worldwide distribution of a diverse range of pharmaceutical products spanning multiple key therapeutic categories, debuted on the Indian stock market today. The company’s stock settled at Rs 1325.05 per share on the BSE, representing an impressive 31.45% premium over the final issue …
Emcure Pharma’s successful debut impressed investors and analysts on the stock exchange, reflecting strong confidence in the company’s growth prospects and management team. The premium opening price of Rs. 1325.05 indicated strong demand for the stock, with investors eager to capitalize on Emcure Pharma’s potential in the pharmaceutical industry. This strong outlook for the stock …
South Korean automaker Hyundai Motor is looking to solidify its position in India’s booming car market, filing for a record-breaking initial public offering (IPO) of Rs 25,000 crore (approximately USD 3.5 billion). This comes amidst impressive sales figures for the first half of 2024, marking their highest ever at 272,207 units, a 2% increase year-on-year. …
Renewable energy company Acme Solar Holdings Limited has submitted the draft red herring prospectus (DRHP) to the market regulator SEBI to float an initial public offering (IPO) worth ₹3,000 crore. Acme Solar’s IPO comprises a fresh issue and an offer for sale. The company seeks to raise ₹2,000 crore from the fresh issue portion and …
The Bansal Wire IPO closed on July 05, 2024, after an increased subscription from investors. The allotment for the Bansal Wire IPO is expected to be finalised on July 8, 2024. The Bansal Wire IPO will be listed on BSE and NSE, with a tentative listing date of July 10, 2024. Bansal Wire appointed SBI …
