IPOs - Angel One

In a significant move in the financial landscape, Kross, a trailer axle and suspension assembly manufacturer, and Saraswati Saree Depot have received the green light from the capital markets regulator SEBI to proceed with their fundraising endeavours by launching initial public offerings (IPOs). Kross’s IPO Details Kross initiated the process by filing draft papers on …

Blue Pebble Limited provides interior design and environmental branding solutions., debuted on the Indian stock market today. The stock of Blue Pebble Limited opened at Rs 199 per share on the NSE, indicating an impressive 18.45% premium over the final issue price of Rs 168 per share. The market capitalisation on the NSE stands at …

SRM Contractors is a construction and development company primarily engaged in the construction of roads (including bridges), tunnels, slope stabilization works, and other construction activities, debuted on the Indian stock market today. The stock of SRM Contractors opened at Rs 225 per share on the BSE, indicating an impressive 7% premium over the final issue …

Vishwas Agri Seeds Limited specialises in processing and supplying seeds to farmers through its extensive distribution network, debuted on the Indian stock market today. The stock of Vishwas Agri Seeds Limited opened at Rs 85 per share on the NSE SME, indicating a discount of 1.16% compared to the final issue price of Rs 86 …

India’s IPO market has been a red-hot sector in recent years, attracting a surge of companies looking to raise capital and individual investors eager to participate in the country’s economic growth story. Fueled by this enthusiasm, some IPOs witnessed dramatic gains of 300% or more on their debut day. However, this period of exuberance has …

On the last day of the bidding process, March 28, 2024, the Initial Public Offer (IPO) of SRM Contractors Limited was subscribed 86.54x. The retail portion was subscribed to 46.92x, while 59.59x in Qualified Institutional Buyers (QIB) and 214.92x in the Non-Institutional Investors (NII) category. SRM Contractors IPO opened for subscription on Tuesday, March 26, …

P.N. Gadgil Jewellers Ltd, one of the prominent organised jewellery players in Maharashtra, has filed a Draft Red Herring Prospectus (DRHP) with the market regulatory Securities and Exchange Board of India (SEBI). This paves the way for a potential Initial Public Offering (IPO), marking a significant step towards growth and expansion. This Initial Public Offering …

Chatha Foods Limited (CFL) is a frozen food processor. The company offers frozen food products to top Quick Service Restaurants (QSRs), Casual Dining Restaurants (CDRs), and other players in the Hotel-Restaurant-Catering segment, debuted on the Indian stock market today. The stock of Chatha Foods Limited (CFL) opened at Rs 73 per share on the BSE, …

On Day 1, the first day of the bidding process, Tuesday, March 26, 2024, the Initial Public Offer (IPO) of SRM Contractors Limited was subscribed 3.59x. The retail portion was subscribed to 3.59x, while 1.57x in Qualified Institutional Buyers (QIB) and 6.27x in the Non-Institutional Investors (NII) category. SRM Contractors Limited IPO opened for subscription …

Stallion India Fluorochemicals Limited (SIFL), a supplier of refrigerants and various industrial gases, has filed a Draft Red Herring Prospectus (DRHP) with SEBI, paving the way for a potential Initial Public Offering (IPO). The IPO comprises 1,78,58,740 equity shares under fresh issue and 43,02,656 shares under offer for sale. Under the offer-for-sale component, the promoter, …