Today marks a significant day in the Indian stock market as seven Initial Public Offerings (IPOs) are IPOs closing today, offering a wide range of opportunities for investors. In the SME segment, five companies – Kontor Space, Vinyas Innovative Technologies, Oneclick Logistics India, Canarys Automations, and Goyal Salt – are closing their IPOs today. Kontor … Read more
Jupiter Life Line Hospitals, a multi-specialty tertiary and quaternary healthcare provider, is offering an initial public offering (IPO) of ₹869.08 crore. Jupiter Hospital IPO comprises a fresh issue of shares worth ₹542 crore and an offer-for-sale (OFS) of 44.5 lakh shares by 10 selling shareholders. The price band for the IPO is ₹695- ₹735 per … Read more
Kahan Packaging SME IPO is a fresh issue of 720,000 equity shares of face value of Rs. 10 each, aggregating to Rs. 5.76 crore. The issue is priced at Rs. 80 per share. The minimum application size is 1600 shares. The IPO opens for subscription on September 6, 2023, and closes on September 8, 2023. … Read more
Jio Financial Services Ltd. (JFS), the financial services arm of Reliance Industries, hit the lower circuit for the second straight day on Tuesday, August 23, 2023. The stock closed at Rs. 239.20 on the BSE, down 5% from its previous close. There are a few reasons why JFS shares are continuing to fall. One reason … Read more
Aeroflex Industries IPO: Aeroflex Industries, a leading manufacturer and supplier of of stainless steel hoses and other metallic flexible flow solutions. It has a strong track record of growth, with revenue and profit increasing by 20% and 25%, respectively, in the last financial year. The company has a wide customer base, including major players in … Read more
The Shoora Designs SME IPO is open for subscription. The retail portion is subscribed 1.25 times, while the QIB portion is subscribed 0.39 times. The non-institutional portion is yet to open. The allotment of shares is scheduled for August 24 and the listing is on August 29.
Cello World Ltd., a leading household consumer products and stationery maker, has filed its draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 1,750 crore through an initial public offering (IPO). Cello IPO will be a pure offer-for-sale, comprising up to Rs 300 crore by Pradeep Ghisulal Rathod, up to … Read more
TVS Supply Chain IPO – TVS Supply Chain Solutions is a leading integrated supply chain solutions provider in India. The company offers a wide range of services, including warehousing, transportation, freight forwarding, customs clearance, and e-commerce logistics. TVS Supply Chain Solutions is planning to raise Rs 880 crore through an initial public offering (IPO). The … Read more
Three Indian companies are set to launch their initial public offerings (IPOs), aiming to raise a substantial amount of capital. The upcoming IPOs are Pyramid Technoplast IPO, Aeroflex Industries IPO, and Balaji Speciality Chemicals BSCL IPO. The IPOs are anticipated to receive positive attention from investors, as all three companies have strong track records and … Read more
The month of August will witness a flurry of IPO activity in India, as five companies are set to launch their IPOs in August 2023, aiming to raise over Rs. 500 crore collectively. The companies are Vinsys IT Services India Ltd, Oriana Power Ltd, SBFC Finance Ltd, Concord Biotech Ltd, and Yudiz Solutions Ltd. Vinsys … Read more