Makers of photovoltaic solar panels and solar cells Emmvee Photovoltaic Power Ltd is gearing up to launch its initial public offering (IPO) on November 11, aiming to raise Rs 2,900 crore. The initial share sale will be completed on November 13. According to the red herring prospectus (RHP), the shares will be allocated to anchor […]
Indian online delivery companies Eternal and Swiggy could see profit margins improve slightly in the second quarter, analysts said, after at least a year of mounting losses in their high-speed commerce businesses due to higher costs. Eternal’s Blinkit, Swiggy’s Instamart and start-up Zepto have emerged as the top players in India’s booming high-speed commerce sector, […]
Integris Medtech, India’s second largest diversified medical technology platform by operating revenue in FY25, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth Rs 925 crore. The IPO will consist of a fresh issue of shares aggregating Rs 925 […]
Realty developer Eldeco Infrastructure and Properties LTD based on Haryana has submitted his Concept Red Herring Prospectus (DRHP) to Capital Markets Regulator, Securities and Exchange Board of India (Sebi) to raise funds via a first public offer. The issue consists of a mix of new problems of shares with a value of RS 800 Crore […]
Runwal Developers, Real Estate Company Runwal has submitted its concept documents to Markten Regulator Sebi for increasing RS 2,000 crore through its first public offer (IPO). The first public offer of the Mumbai -based company consists of a new edition of shares worth RS 1,700 crore and an offer for sale (OFS) component of RS […]
Mumbai: October can bring some lighting for equity investors, with seasonal trends that indicate a higher chance of winning in the month. In the past 10 years, the Benchmark Nifty and the wider Nifty 500 in seven of the last 10 times higher have been closed during the month. Yet analysts said that the market […]
Two Indian manufacturers, Laser Power & Infra LTD (LPIL) and Indo MIM LTD, have submitted Concept Red Herring Prospectuses (DRHPs) to the Markets Regulator Securities and Exchange Board of India (Sebi), which formed the scene for initial public offers (IPOs) that would together be more) that would together be possible) that would together be more) […]
The initial public offer of GK Energy LTD, a provider for agricultural water pump systems on solar energy, received no less than 89.62 times subscription when it closed on Tuesday. The IPO of RS 464-Crore received bids for 1,98,77,78,982 shares against 2.21,828 shares that are offered, according to data available at the NSE. The part […]
Purple Style Labs, the parent company of the Luxury Fashion Platform Pernia’s Pop-Up Shop, has submitted provisional papers to Capital Markets Regulator Sebi to increase RS 660 Crore via a first public offer (IPO). The proposed IPO is entirely a new issue of shares without supply (OFS) component, according to the Draft Red Herring Prospectus […]
The initial public offer (IPO) from GK Energy LTD, provider for agricultural water pump systems on solar energy, was subscribed to 2.57 times on Friday on the first day of bidding. The IPO received bids for 5,70.51,092 shares at 2.21,80.828 shares that are offered, according to NSE data. Retail Individual Investors Part received 2.70 times […]