The Indian Renewable Energy Development Agency Limited (IREDA) is a government-owned public limited company with the prestigious status of being a Mini Ratna enterprise and debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 50 per share, reflecting an impressive 56% premium compared to the issue …
In the dynamic world of initial public offerings (IPOs), 2023 has emerged as a remarkable year, witnessing an intriguing trend that has investors and financial enthusiasts buzzing with excitement. The secret to substantial gains appears to lie in the IPOs that have garnered an astonishing 50 times or more in subscription rates. Let’s delve into …
Kaynes Technology, a prominent leader in the integrated electronics manufacturing sector, offering end-to-end solutions enhanced by IoT capabilities, celebrated the first anniversary of its IPO journey today. The IPO opened on November 10, 2022, and closed on November 14, 2022. On the final day of the IPO window, it witnessed a subscription rate of 34.16 …
In a surprising turn of events, the Tata Technologies IPO has captivated the attention of investors, with anchor investors emerging as key players in steering the IPO towards resounding success. Notably, Prashant Jain’s 3P India Equity Fund 1 has made a substantial investment, underlining the confidence of this stock market wizard in Tata Technologies’ potential …
In a significant prelude to its highly-anticipated Initial Public Offering (IPO), the Indian Renewable Energy Development Agency (IREDA) — a pioneering force in green financing — has already garnered an impressive Rs 643.26 crore from anchor investors. This early enthusiasm sets the stage for a groundbreaking IPO, marking a historic moment as the first government-owned …
In the vibrant landscape of India’s snack industry, Prataap Snacks Limited (PSL), known for its popular brands “Yellow Diamond” and “Avadh,” entered the market with high expectations during the 2017 Bull Run. However, the company’s performance post-IPO serves as a compelling lesson for investors on the perils of overpaying for initial public offerings. The Rise …
IPOs have been gaining attention and generating excitement among investors. In this article, we’ll provide a brief overview of the 7 IPOs scheduled to open this week. These consist of 5 IPOs from the main board and 2 IPOs from the SME segment. Collectively, these 7 IPOs aim to raise approximately Rs 7,377 crore, with …
You might have heard someone boasting about their investment doubling in a month, six months, or a year, but hearing about it happening in a single day is quite rare. Today, we’ll delve into this article to explore how your money could have potentially doubled if you had owned this company’s stock in your portfolio, …
The Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise, operating under the administrative control of the Ministry of New and Renewable Energy (MNRE). Founded in 1987 as a non-banking financial company (NBFC), IREDA stands as a public limited government entity committed to fostering, advancing, and …
Tata Technologies Limited, a wholly-owned subsidiary of Tata Motors Limited, is poised to become the first company within the Tata Group to go public in almost twenty years. This marks the first IPO from the Tata Group since TCS went public in 2004. The IPO is scheduled to open on November 22 and close on …
