On April 25, 2024, Day 3 of the bidding process of the Initial Public Offer (IPO) of JNK India Limited was subscribed 28.39x. The retail portion was subscribed to 4.10x, 74.40x in Qualified Institutional Buyers (QIB), and 23.73x in the Non-Institutional Investors (NII) category. The JNK India Limited IPO closed on April 25, 2024. The …
One of the leading integrated solar cell and solar module manufacturers, Premier Energies Limited, has filed a Draft Red Herring Prospectus (DRHP) with India’s market regulator, the Securities and Exchange Board of India (SEBI), to raise funds from the general public via an Initial Public Offering (IPO). Premier Energies Limited IPO is a combination of …
On Wednesday, April 24, 2024, Day 2 of the bidding process, the Initial Public Offer (IPO) of JNK India Limited was subscribed 1.04x. The retail portion was subscribed to 1.16x, 0.67x in Qualified Institutional Buyers (QIB), and 1.28x in the Non-Institutional Investors (NII) category. The JNK India Limited IPO opened for subscription on April 23, …
On the first day of the bidding process, Tuesday, April 23, 2024, the Initial Public Offer (IPO) of JNK India Limited was subscribed 0.50x. The retail portion was subscribed to 0.50x, while 0.66x in Qualified Institutional Buyers (QIB) and 0.26x in the Non-Institutional Investors (NII) category. On April 23, 2024, the shares of JNK India …
Sanathan Textiles Limited recently filed a draft red herring prospectus with the market regulatory Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO), whereby the company is seeking to raise ₹800 crore. Sanathan Textiles IPO will be a combination of a fresh issue and an offer for sale. The company …
Monday was an exciting day for Indian markets, with the Nifty and Sensex indices closing with gains of 0.77% and 0.86%, respectively. But the most significant development came from Vodafone Idea, whose follow-on public offer (FPO) saw a phenomenal response from investors. Vodafone Idea FPO Oversubscribed As of 3:57 PM, Vodafone Idea’s FPO was subscribed …
Undoubtedly, the two consecutive sessions of the Modi government have proven to be beneficial for the country in terms of growth, with various new initiatives propelling the nation to new heights. While we won’t cover the specific changes made by the government during these sessions, we will explore the overall performance of the primary market …
On April 15, 2024, Deepak Builders & Engineers India Limited filed DRHP with the market regulator, the Securities and Exchange Board of India (SEBI), to float an Initial Public Offering (IPO). As per DRHP, the IPO is likely to be a combination of both a fresh issue and an offer-for-sale. Under the fresh issue, the …
On Friday, despite the Indian benchmark indices reeling under selling pressure, with Sensex and Nifty down by 0.50%, there’s reason for market participants to cheer. This reason stems from the listing of Bharti Hexacom Ltd. Strong Debut on NSE The IPO of Bharti Hexacom Ltd made a robust debut on NSE at Rs 755, against …
Swiggy’s Corporate Evolution The well-known food-tech giant Swiggy has recently made a big change by changing its Corporate Status by becoming a public one to a private one. The Brand also updated its corporate identity earlier in February when the business changed its name from Bundl Technology Pvt. Ltd to Swiggy Pvt. Ltd. This was …
