Executive learning solutions provider XED Executive Development said Friday it has set a price range of $10-10.5 per share for its $12 million initial public offering, which opens for subscription at GIFT City on March 6.This will be the first share sale at Gujarat International Finance Tec-City, India’s IFSC, under the regulatory framework of the […]
Capital market regulator Sebi has granted approval to four companies to launch their IPOs, paving the way for new activity in the primary market pipeline. The approved proposals include offers from Integris Medtech, Alpine Texworld, Anjali Labtech and Appl Containers.Of the four, Integris Medtech will launch one of the bigger issues. The company, described as […]
Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission and Duroflex have received approval from the Securities and Exchange Board of India (Sebi) to go ahead with their initial public offerings (IPOs). All five companies received Sebi’s observation during the week. In IPO parlance, Sebi’s ‘observation’ refers to the regulator’s formal comments or approval […]
Alphabet-backed Aye Finance has raised Rs 454 crore from major investors ahead of its IPO, which opens for public subscription on February 9, lending strong institutional backing to the NBFC, focused on micro-SME lending.The company informed the stock exchanges that it had allotted shares to investors at Rs 129 per share, the top end of […]
Investors who have registered for the Shadowfax Technologies IPO will soon be able to find out if they have received shares as the allotment for the Rs 1,907 crore issue is expected to be finalized later today. Ahead of the listing, gray market signals remain muted, with the IPO carrying a GMP of 0%, pointing […]
Digilogic Systems Limited, a city-based provider of automated test equipment systems and application software for the defense and aerospace sectors, on Saturday announced that its Initial Public Offer (IPO) will open for subscription on January 20.A press release from the company said the anchor portion will open on January 19 and the issuance will be […]
Bengaluru-based logistics and last-mile delivery company Shadowfax Technologies is expected to open its Rs 1,907 crore IPO on January 20, 2026. Prior to issuance, the shares command a gray market premium of approximately 12%, indicating strong investor appetite. At this premium, the stock is expected to debut around Rs 139 per share against the upper […]
INDO SMC’s Rs 92 crore IPO opens for subscription on Tuesday, with early signals from the gray market pointing to solid investor appetite despite a cautious broader equity backdrop. The book-built SME IPO carries a gray market premium of around 24%, indicating expectations of healthy listing gains ahead of its proposed debut on the BSE […]
Kratikal Tech, an AI-driven provider of cybersecurity and Software-as-a-Service (SaaS) solutions, has filed its Draft Red Herring Prospectus (DRHP) with BSE SME, marking the first step towards an IPO. The proposed issue involves a fresh issue of up to 30 lakh equity shares of face value of Rs 10 each.Proceeds from the IPO will be […]
The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL) will open for bids on Friday, January 8 and close on January 13. The Rs 1,300 crore issue will be entirely an offer for sale (OFS) with promoter Coal India (CIL) selling up to 46.57 crore shares.Bidding for anchor investors opens on Thursday, January […]