The initial public offering (IPO) of Garuda Construction and Engineering Limited has garnered attention in the Indian stock market since it launched on 8th October 2024. The company, which is involved in infrastructure development, remains open for subscription until 10th October 2024. As market participants watch closely, this IPO has been met with mixed reactions. … Read more
Property Share Investment Trust has recently submitted draft papers to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) valued at ₹353 crore. This significant move aims to raise capital primarily for the acquisition of the Prestige Tech Platina asset through Platina special purpose vehicles (SPVs). In addition to this, … Read more
The Diffusion Engineers IPO, valued at ₹158 crore, launched on September 26 and will remain open for subscription until September 30. This initial public offering has generated significant interest among investors, achieving impressive subscription rates on its opening day. As a manufacturer of welding consumables and heavy engineering machinery, Diffusion Engineers is well-positioned to capitalize … Read more
The Bajaj Housing Finance IPO 2024 has generated significant buzz in the investment community as it approaches its listing date. With the initial public offering (IPO) subscription period having ended, the market is keenly awaiting the stock’s debut on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The IPO, which opened to … Read more
The Nexxus Petro Industries IPO, which opened for subscription on September 26 and is set to close on September 30, aims to raise ₹19.43 crore by issuing 18.5 lakh shares. The company specializes in petrochemical products and is looking to utilize the funds primarily for working capital and general corporate purposes. As the subscription period … Read more
TechEra Engineering recently concluded its initial public offering (IPO), which saw an overwhelming subscription of 69.80 times, highlighting strong investor interest. Valued at ₹35.9 crore, the IPO was open for bidding from September 25 to September 27, with a price range set between ₹75 and ₹82 per share. The allotment was finalized on September 30, … Read more
The Paramount Dye Tec IPO has commenced its subscription phase, aiming to raise approximately ₹28 crore through a fresh equity issue of 24.3 lakh shares. Opened on September 30, the offering will remain available for investors until October 3, 2024. The IPO seeks to establish a strong presence in the B2B textile industry, focusing on … Read more
Swiggy, one of India’s leading food delivery platforms, has announced its plans for an initial public offering (IPO) as it seeks to raise ₹3,750 crore ($448.56 million). This move sets the stage for a competitive showdown with its primary rival, Zomato, which has solidified its position in the market. With Swiggy filing its updated Draft … Read more
The highly anticipated allotment for the Manba Finance IPO is expected to take place today, September 26. Following a successful subscription period from September 23 to 25, investors are eagerly awaiting the announcement of allotment results. With the IPO generating significant interest, the upcoming days promise to be crucial for participants in this public offering. … Read more
The Diffusion Engineers IPO has officially launched, offering investors an opportunity to participate in the public offering of this welding consumables manufacturer. The IPO is set within a price band of ₹159 to ₹168 per equity share and aims to raise ₹158 crore through fresh share issuance. As the bidding period opens, investors are keenly … Read more