As the final date of bidding for the initial public offering (IPO) of Vraj Iron and Steel comes to an end, investors have now shifted their focus on the allotment, which is likely to be finalised on Monday, July 1, 2024. The ₹171 crore issue was open for subscription between […]
IPOs
Other than new public offerings, the market will also witness 11 new listings next week. Last week, the public offerings of DEE Development Engineers and Akme Fintrade received a robust response from investors, with overall subscriptions reaching 99 times and 55 times, respectively. “With a strong domestic economy, a thriving […]
Last week, Ixigo IPO, which raised over ₹740.10 crore at the upper price band, received healthy response from investors. Around 24 companies are in-line to hit the primary market in the next few months to collectively raise over ₹30,000 crore from IPOs, according to Mahavir Lunawat, Managing Director, Pantomath Capital […]
India has emerged as the second-largest initial public offerings (IPO) market. With the election results announced, the continuation of existing policies is highly anticipated, which is expected to further fuel the IPO boom. “India has become the 2nd largest IPO market. With election results being out, the continuation of existing […]
About $3.9 billion has been raised in India via IPOs so far this year, more than double the same period in 2023, and a tally that’s higher than the combined amount raised in South Korea and Hong Kong, according to data compiled by Bloomberg. Also Read | Lok Sabha Elections […]
Among the ongoing issues, the Awfis Space Solutions IPO will close for bidding on May 27 in the mainboard segment. The shares of the Awfis IPO are also expected to be listed on Indian bourses on May 30. Also read: IPO rush sets up India’s equity market for another record […]
The primary market will witness opening of three new IPOs in the mainboard segment and six new IPOs in the small and medium enterprise (SME) segment. Also read: SK Finance files DRHP with SEBI to raise ₹2,200-crore via IPO; details here “Since 2004, there hasn’t been a single IPO launch […]