IPO News

Godavari Biorefineries Makes Weak Market Debut with 12.5% Discount on NSE Listing

Godavari Biorefineries Makes Weak Market Debut with 12.5% Discount on NSE Listing

/ IPO News /

Godavari Biorefineries began trading on October 30 with a lackluster debut, listing at Rs 308 per share on the National Stock Exchange (NSE). This marked a 12.5% discount from its issue price of Rs 352 per share, reflecting cautious investor sentiment despite strong subscription interest from Qualified Institutional Buyers (QIBs). The Rs 554.75 crore IPO […]

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Swiggy Sets IPO Price at Rs 390, Plans to Launch $1.35 Billion Public Offering in Early November

Swiggy Sets IPO Price at Rs 390, Plans to Launch $1.35 Billion Public Offering in Early November

/ IPO News /

Food delivery giant Swiggy, backed by big investors like Prosus and SoftBank, has set its initial public offering (IPO) price at Rs 390 at the top end of the range, according to a report by Bloomberg. The IPO is scheduled to open for public bidding from November 6 to 8, with the company aiming to

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Hyundai Motor India Shares Debut at Rs 1,934 on NSE, 1.32% Below IPO Price

Hyundai Motor India Shares Debut at Rs 1,934 on NSE, 1.32% Below IPO Price

/ IPO News /

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

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Afcons Infrastructure IPO

Review of Afcons Infrastructure Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News /

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

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Niva Bupa Health Insurance and Paras Healthcare Secure SEBI Approval for IPO Launches

Niva Bupa Health Insurance and Paras Healthcare Secure SEBI Approval for IPO Launches

/ IPO News /

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

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Hyundai Motor India IPO Shows Signs of Recovery Ahead of Listing, GMP Back in Green

Hyundai Motor India IPO Shows Signs of Recovery Ahead of Listing, GMP Back in Green

/ IPO News /

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

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Godavari Biorefineries IPO

Review of Godavari Biorefineries Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News /

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

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Afcons Infrastructure Sets IPO Price Band at ₹440-₹463 per Share

Afcons Infrastructure Sets IPO Price Band at ₹440-₹463 per Share

/ IPO News /

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

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Afcons Infrastructure, a Shapoorji Pallonji Group Company, Files RHP for ₹5,430 Crore IPO; Opens October 25

/ IPO News /

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.

Afcons Infrastructure, a Shapoorji Pallonji Group Company, Files RHP for ₹5,430 Crore IPO; Opens October 25 Read More »

SMPP Files Draft Prospectus with SEBI to Raise ₹4,000 Crore via IPO for Ammunition Manufacturing Expansion

SMPP Files Draft Prospectus with SEBI to Raise ₹4,000 Crore via IPO for Ammunition Manufacturing Expansion

/ IPO News /

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,

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