The initial public offering (IPO) of Interarch Building products was fully subscribed within hours of opening, driven by strong interest from non-institutional and retail investors. The category reserved for NII investors was subscribed nearly 7.85 times so far, and that of retail investors was booked 2.75 times. There were just 27% bids from the qualified …
The initial public offer (IPO) of Saraswati Saree Depot gained momentum on the second day of the bidding process with an overall subscription of 10.33 times so far. The issue, which closes tomorrow, sailed through on the first day within hours of opening. The category reserved for non-institutional investors was subscribed the most at 31.68 …
After a subdued debut, Ola Electric raced ahead by gaining nearly 71% in just three days, defying the discounted pre-listing GMP, which indicated a rough ride for the stock in the secondary market. Even as investors consider GMP as one of the factors for subscribing to a public offer, analysts say the GMP may not …
The initial public offering (IPO) of Akums Drugs and Pharma will open for subscription on July 30. The issue closes on August 1. Through the public offer, the company plans to raise around Rs 1857 crore. Here are 10 things to know about the Akums Drugs and Pharma IPO before subscribing to the issue. 1) …
Mumbai: Ola Electric’s public offer will open for subscription on Friday with a price band of ₹72-76 per share, valuing the company at $4 billion ( ₹33,522 crore) at the upper end, a sharp discount to the $5.4 billion valuation it commanded in its last private funding round in September. Mumbai: Ola Electric’s public offer …
Indian stock market after the Union Budget 2024 announcement is set to witness the launch of two new initial public offerings (IPOs) and the listing of two companies in the coming week. Dalal Street is expected to witness the issue of the two pharmaceutical sector IPOs, one EV maker IPO, and one SME IT company …
New Delhi: Japan’s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around USD 150 million, sources aware of the development said. Softbank invested about USD 1.5 billion in One97 Communications — the owner of Paytm brand — in tranches in 2017. “Softbank has exited Paytm at …
3 min read Last Updated : Jul 03 2024 | 2:45 PM IST The initial public offering (IPO) of Bansal Wire Industries, valued at Rs 745 crore, garnered strong interest from both retail and non-institutional investors, achieving full subscription on Wednesday. The IPO, which comprises a fresh issue of 29.1 million shares, commenced …
4 min read Last Updated : Jul 02 2024 | 2:49 PM IST Bansal Wire IPO: Steel wire manufacturer Bansal Wire is launching an Initial Public Offering (IPO) valued at Rs 745 crore, which entirely comprises a fresh issue of 29.1 million shares. The Bansal Wire IPO subscription period opens on July …
4 min read Last Updated : Jul 03 2024 | 11:44 AM IST Emcure Pharmaceuticals initial public offering is set to open for subscription on Wednesday, July, 3, 2024. The IPO comprises a fresh issue of 7.9 million shares totaling Rs 800.00 crores and an offer for sale of 11.4 million shares amounting to Rs …