Bharti Airtel’s subsidiary, Bharti Hexacom, has received the green light from the market regulator, the Securities and Exchange Board of India (SEBI), to launch an initial public offering (IPO). This move indicates Airtel’s intent to expand its presence in the Indian stock market. IPO Details The key takeaway is that Bharti Hexacom IPO will be …
Royal Sense deals in medical equipment, surgical instruments, surgical consumables, laboratory equipment, laboratory reagents, medical disposables, and diagnostic kits, debuted on the Indian stock market today. The stock of Royal Sense opened at Rs 129.20 per share on the BSE, reflecting a substantial 90% premium over the final issue price of Rs 68 per share. …
Signoria Creation manufactures and sells women’s clothing, debuted on the Indian stock market today. The stock of Signoria Creation opened at Rs 131 per share on the NSE, reflecting a substantial 101.54% premium over the final issue price of Rs 65 per share. The market capitalisation on the NSE stands at Rs 65.45 crore. IPO …
Popular Vehicles and Services provides end-to-end vehicle ownership solutions, including new and pre-owned vehicle sales, maintenance servicing, spare parts distribution, driving schools, and third-party financial and insurance products, debuted on the Indian stock market today. The stock of Popular Vehicles and Services opened at Rs 292 per share on the BSE, reflecting a 1.02% discount …
On Day 3, the last day of the bidding process, Monday, March 18, 2024, the Initial Public Offer (IPO) of Krystal Integrated Services Limited was subscribed 13.49x. The retail portion was subscribed to 3.41x, while 7.32x in Qualified Institutional Buyers (QIB) and 45.22x in the Non-Institutional Investors (NII) category. Krystal Integrated Services Limited IPO opened …
The IPO market is currently experiencing significant attraction among all market participants, driven by a substantial increase in the number of companies going public. Businesses from various sectors are choosing to raise capital through initial public offerings, garnering significant attention from investors. This week, three public issues are set to open. The combined fundraising target …
Pratham EPC Projects provides end-to-end engineering, procurement, construction, and commissioning services to oil and gas utilities in India, debuted on the Indian stock market today. The stock of Pratham EPC Projects opened at Rs 113.30 per share on the NSE, reflecting a substantial 51.07% premium over the final issue price of Rs 75 per share. …
On Day 2 of the bidding process, Friday, March 15, 2024, the Initial Public Offer (IPO) of Krystal Integrated Services Limited was subscribed 0.72x. The retail portion was subscribed 0.60x, while 0.57x in Qualified Institutional Buyers (QIB) and 1.19x in the Non-Institutional Investors (NII) category. Krystal Integrated Services Limited IPO opened for subscription on Thursday, …
Transrail Lighting Ltd, a leading engineering, procurement and construction (EPC) company, has filed Draft Red Herring Prospectus (DRHP) with the financial markets regulator Securities and Exchange Board of India (SEBI). As per DRHP, the company is seeking to raise ~₹450 crore via an initial public offering (IPO) from the fresh issue component of the IPO, …
Leading car dealership operator Popular Vehicles & Services Ltd came up with an IPO, which was opened on March 12, 2024 and closed on March 14, 2024. The company is raising a total of ₹601.55 crores through this book-built issue. The IPO is a combination of a fresh issue and an offer for sale. The …
