Jayesh Logistics will open its IPO worth Rs 28.63 crore for subscription on Monday, with the issue generating cautious optimism in the MSME segment. The public offer, which closes on October 29, involves a fresh issue of 23.47 lakh shares, consisting entirely of new equity. The shares will be listed on the NSE SME platform […]
The allotment for the Rs 451 crore IPO in Midwest will be completed on Monday and investors who registered for the issue can soon check whether they have received shares. The issue received a tremendous response from investors, who subscribed a total of 92.36 times, driven by strong demand from institutional and non-institutional investors. The […]
Midwest, a player that mines and exports natural stones, will open its initial public offering (IPO) worth Rs 451 crore for subscription on October 15. The book-built issue includes a fresh share sale worth Rs 250 crore and an offer for sale (OFS) of Rs 201 crore by existing shareholders. The IPO will be completed […]
The Indian market ended lower on Monday, with IT stocks leading the way, as renewed trade tensions between the US and China dented risk appetite. The sell-off followed US President Donald Trump’s escalation of tariff threats after Beijing tightened restrictions on rare earth exports. The S&P BSE Sensex fell 173.77 points, or 0.21%, to close […]
The Indian primary market is set for a quieter week, with just one initial public offering (IPO) from the mainboard’s Midwest. Meanwhile, three pending motherboards and three SME issues will complete their bidding process. The much-awaited listings of Tata Capital and LG Electronics are scheduled for Monday and Tuesday respectively, while eight other companies are […]
The long-awaited RS 15,000-crore IPO from LG Electronics India will be opened on 7 October for subscription, according to the Red Herring Prospectus (RHP). The issue, which will be fully an offer for sale of 10.18 crore shares of the Korean parent, will be closed on 9 October. The price band for the IPO will […]
Market regulator Securities and Exchange Board of India (Sebi) has given approval for the first public offers (IPOs) of Bharat Coking Coal Limited and AEQUS Limited. While Bharat Coking received observations on September 19, AEQUS received the approval of Sebi on September 18. Bharat Coking Coal IPO Coal India submitted the Red Herring Prospectus (DRHP) […]
The initial public offer (IPO) from TMT Bars -manufacturer VMS TMT LTD has delivered no less than 102.26 times subscription to the closing day of the stock sales, driven by strong participation of investors. The IPO received bids for 1.25.78.39.250 shares against 1.23.00,000 shares that are offered, according to the NSE data. The quota for […]
The RS 143 Crore IPO from DEV Accelerator (DEVX), one of the fastest growing co-working and managed Office providers in India, closed on a blockbuster memorandum on 12 September with a subscription of 64 times. The allocation will be completed on 15 September, with repayments and Demat credits on 16 September. The shares will debut […]
The initial public offer (IPO) from DEV Accelerator witnessed a strong investor’s interest on his third and last day on Friday 12 September. The public issue of RS 143-Crore was subscribed almost 64 times against his offer size by the end of day 3. The IPO received bids for more than 84 crore shares compared […]