As January concludes, the anticipation for potential investment opportunities in February may rise. Following the launch of several IPOs in February, investors are keenly looking forward to the offerings lined up for the upcoming month. These IPOs present a unique opportunity to invest in promising private companies on the brink of going public. Staying well-informed …
EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 225 per share, reflecting a 2.17% discount compared to the final issue price of Rs 230 per share. The market capitalisation of the company …
Qualitek Labs Limited is engaged in providing comprehensive testing, inspection, homologation, certification, and consulting services, which debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 190 per share, reflecting an impressive 90% premium compared to the final issue price of Rs 100 per share. The market …
Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies, it debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 465 per share, reflecting an 11.24% premium compared to …
New Swan Multitech Limited is engaged in the manufacturing of precision-engineered components and parts mainly for the automotive industry and modern farming, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 125.40 per share, reflecting an 90% premium compared to the final issue price of Rs …
Australian Premium Solar (India) Limited manufactures monocrystalline and polycrystalline solar modules and provides engineering, procurement, and construction services for residential, agricultural, and commercial applications, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 140 per share, reflecting a 159% premium compared to the final issue price …
The year 2023 witnessed a myriad of Initial Public Offerings (IPOs), with some companies flourishing while others faced significant challenges. Among the latter, certain IPOs stood out for their underwhelming performances, attracting attention for the wrong reasons. In this analysis, we explore the top 10 worst-performing IPOs of 2023, shedding light on the factors that …
The IPO craze was on the next level in the year 2023. Many IPOs came throughout the year, both on the Main Board and the SME Board. Many investors made a tremendous amount of money on the listing day itself, while some IPOs listed flat or at a discount, disappointing many investors. Several IPOs registered …
# Issue Name OP (Rs) Listing Day – Close Price (Rs) Listing Gain (%) Listing Date Oversubscribed (x) 1 Tata Technologies Limited 500 1314.25 162.85 Nov 30, 2023 69.43 2 ideaForge Technology Limited 672 1295.5 92.78 Jul 07, 2023 106.06 3 Utkarsh Small Finance Bank Limited 25 47.94 91.76 Jul 21, 2023 110.77 4 IREDA …
Ola Electric, a key player in India’s electric two-wheeler market, recently submitted its DRHP, revealing insights into its operations, risks, and future plans. This article dissects key aspects of Ola Electric’s DRHP, shedding light on potential risks and challenges for the company. Ethical Business Practices and Sustainability Ola Electric’s disclaimer on suppliers’ compliance with ethical …
