Hyundai Motor India shares began trading on October 22 at Rs 1,934, a 1.32% discount to the IPO price of Rs 1,960. The Indian subsidiary of the South Korean automaker saw tepid retail response to the IPO, but strong interest from Qualified Institutional Buyers (QIBs) led to an oversubscription of nearly 700%. The grey market […]
Hyundai Motor India Shares Debut at Rs 1,934 on NSE, 1.32% Below IPO Price Read More »
Afcons Infrastructure IPO Price: ₹440 to ₹463 per shareIPO Dates: 25 October 2024 – 29 October 2024 Company Overview Afcons Infrastructure Limited, incorporated in 1959, is a leading infrastructure engineering and construction company under the Shapoorji Pallonji Group. With over six decades of experience, the company has built a strong reputation for delivering complex and
Review of Afcons Infrastructure Limited IPO: Lot Size, Check Issue Date, Price Read More »
The Securities and Exchange Board of India (SEBI) has granted approval for initial public offerings (IPOs) by Niva Bupa Health Insurance Company and Paras Healthcare. Observation letters, signalling clearance for the companies to proceed with their IPO plans, were issued by the regulator on October 18. Niva Bupa filed its draft red herring prospectus on
Niva Bupa Health Insurance and Paras Healthcare Secure SEBI Approval for IPO Launches Read More »
Hyundai Motor India Ltd (HMIL) is set to list its shares on the BSE and NSE on October 22, following a strong 237% subscription for its Rs 27,870 crore Initial Public Offering (IPO). While the IPO saw limited interest from retail investors, it gained significant traction from Qualified Institutional Buyers (QIBs), with the QIB portion
Hyundai Motor India IPO Shows Signs of Recovery Ahead of Listing, GMP Back in Green Read More »
Godavari Biorefineries IPO Price: ₹334 to ₹352 per shareIPO Dates: 23 October 2024 – 25 October 2024 Company Overview Godavari Biorefineries Limited, incorporated in January 1956 as Godavari Investment and Finance Corporation Ltd, operates as a major ethanol-based chemical manufacturer in India. The company changed its name to Godavari Biorefineries Limited in November 2006. As
Review of Godavari Biorefineries Limited IPO: Lot Size, Check Issue Date, Price Read More »
Afcons Infrastructure Ltd has announced a price band of ₹440-₹463 per share for its upcoming initial public offering (IPO), set to open on October 25. Anchor investors can bid starting on October 24, and the IPO will close on October 29. IPO Structure and Shareholding The public issue comprises a fresh issuance of equity shares
Afcons Infrastructure Sets IPO Price Band at ₹440-₹463 per Share Read More »
Afcons Infrastructure, a Shapoorji Pallonji Group-owned engineering and construction company, has filed a Red Herring Prospectus (RHP) with the Registrar of Companies for an initial public offering (IPO) worth ₹5,430 crore. The IPO will be open for subscription from October 25 to October 29. The price band for the offering will be disclosed next week.
Defense equipment manufacturer SMPP Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise ₹4,000 crore through an initial public offering (IPO). The offering includes a fresh issue of ₹580 crore and an offer for sale of up to ₹3,420 crore by promoter Shiv Chand Kansal,
Hyundai Motor India Ltd’s (HMIL) Rs 27,870 crore initial public offering (IPO) saw a twofold subscription on its last day of bidding, Thursday. As of 2 PM, NSE data showed bids for 19.96 crore shares against 9.98 crore shares on offer. The Qualified Institutional Buyers (QIBs) category drove demand, with 5.93 times subscription, while Retail
Deepak Builders & Engineers India IPO Price: ₹192 to ₹203 per shareIPO Dates: 21 October – 23 October 2024 Company Overview Deepak Builders & Engineers India Limited, established in September 2017, is a dynamic and growing engineering and construction company headquartered in Punjab. The company has rapidly built a reputation for delivering a wide range
