HERANBA INDUSTRIES IPO REVIEW
This stock gave 129.9% returns last year; should you invest now? Know what analysts say
Angel One stands to gain from India’s booming broking industry, fueled by factors like rising income, increased awareness of financial assets, smartphone penetration, digitisation, regulatory protection for retail investors, and household savings’ financialisation. Should you buy?
JNK India IPO subscribed over 28 times on final day. Check subscription, GMP and other details
The IPO comprised fresh equity of up to Rs 300 crore and an offer for sale of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.
JNK India IPO sails through on Day 2. Check subscription, GMP and other details
JNK India IPO: The offer reserves 50% for qualified institutional buyers, 35% for retail investors, and the remaining 15% for non-institutional investors. The net proceeds will be allocated towards fulfilling working capital needs and other general corporate purposes.
JNK India IPO sees steady response so far on Day 1. Check subscription, GMP and other details
JNK India received steady response so far on first day. The category reserved for institutional investors was booked the most at 67%, followed by retail investors at 34% and non-institutional investors at 9%.
JNK India IPO opens for subscription. Should you bid?
JNK India IPO GMP, Price Band: JNK India IPO to open for Rs 650 crore with fresh equity and offer for sale. Reserved quotas. Anand Rathi advises subscription. Market cap post issue, price band set. Proceeds for working capital.
Gopal Snacks IPO sails through on Day 2 of bidding process. Check GMP & other details
Gopal Snacks IPO was subscribed 0.90 times so far on day 2. The IPO price band has been set at Rs 381-401/share. Analysts remain mixed on the public offer over the competition in the industry and over reliance on specific product categories and regions.
- Go To Page 1
Platinum Industries IPO booked 8 times on Day 1. Check GMP and other details
Platinum Industries IPO GMP: Platinum Industries IPO is completely a fresh equity issue of 1.37 crore shares. The company plans to raise around Rs 235 crore through the issue. Net proceeds will be utilised for investment in Platinum Stabilizers Egypt, financing capex requirements, working capital, and general corporate purposes.
Platinum Industries IPO opens for subscription. Should you apply?
Platinum Industries IPO received Rs 70.59 crore from anchor investors. Analysts recommend subscribing due to strong financial record. The company plans to utilize net proceeds for investment in Platinum Stabilizers Egypt, capex requirements, and has strong R&D capabilities. It is a multi-product manufacturing company with sales across India and international markets.
Park Hotels IPO opens. Should you subscribe to the issue?
The Park Hotels IPO, with a subscription period till February 7, has opened for investors. The company has already raised Rs 409 crore from anchor investors. The IPO includes a fresh issue of equity shares worth Rs 600 crore and an offer for sale of Rs 320 crore. The price band for the IPO is set at Rs 147-155 per share. Analysts recommend subscribing to the IPO due to the company's strong hotel portfolio, brand reputation, and fair valuations.
Capital Small Finance Bank IPO: Offer size, price band among 10 things to know about Rs 523-crore issue
Capital Small Finance Bank IPO comprises a fresh equity issue of Rs 450 crore and an offer for sale (OFS) of 15.61 lakh shares. Under the OFS, Oman India Investment Fund, Amicus among others will offload shares.
Rashi Peripherals IPO opens on Wednesday: Price band, offer size, GMP among 10 things to know before subscribing
Rashi Peripherals IPO will open for subscription from February 7 to February 9. Rashi Peripherals is a fast-growing distribution partner for global technology brands in India, offering value-added services. The IPO is a fresh equity issue of Rs 600 crore, with a price band of Rs 295-311 per share.
BLS E-Services IPO fully subscribed within one-hour of bidding process; retail portion booked over 10x
BLS E-Services IPO was subscribed 2.43 times with the retail category oversubscribed 10.44 times and NII portion oversubscribed by 3.35 times. The company raised Rs 126 crore from anchor investors. Analysts recommend subscribing to the issue. The company's revenue grew at 94% CAGR in FY21. Proceeds from the IPO to be used for technology infrastructure, organic and inorganic growth initiatives.
BLS E-Services IPO opens for subscription. Should you bid?
BLS E-Services IPO opens for subscription on Tuesday and will close on February 1. The company raised Rs 126 crore from anchor investors. BLS E-Services plans to raise around Rs 311 crore through the public offer. The IPO price band is Rs 129-135 per share. Analysts advise subscribing to the issue for listing gains as well as long-term.
Konstelec Engineers IPO: GMP doubles on first day. Check subscription, price band and other details
Konstelec Engineers IPO, priced at Rs 66-70 per share, aims to raise approximately Rs 28.70 crore. The issue has been subscribed 11 times on the first day, with the retail category booked nearly 20 times. The NII portion has been subscribed 6.23 times, and institutional investors' portion received 3.52 times bids. Konstelec Engineers plans to utilize the funds for working capital expenses, procurement support, and general corporate purposes.
Medi Assist Healthcare IPO: Check subscription on day 1, review, GMP and other details
Medi Assist Healthcare's IPO was subscribed 54% on the first day, with retail investors leading at 62% and non-institutional investors at 22%. The QIB portion had no bids. The issue price is Rs 397-418, and bidding is open until January 17. The company will not receive funds from the IPO as it is entirely an OFS. Axis Capital, IIFL Securities, Nuvama Wealth Management, and SBI Capital Markets are the lead managers.
Jyoti CNC Automation IPO subscribed 2.51 times on Day 1. Retail portion booked 8.25 times
In Jyoti CNC Automation IPO, about 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.
New Swan Multitech IPO opens on Thursday. Check issue size, price band and other details
New Swan Multitech IPO is entirely a fresh equity issue of up to 50.16 lakh equity shares aggregating to Rs 33.11 crore. The company is offering its shares at Rs 62-66 apiece, and investors can bid for 2,000 shares in 1 lot.
Indian IPO Landscape in 2023: A review and future outlook
In the ever-evolving world of IPOs, the year 2023 has been a tale of two halves. The primary markets experienced a dry and slow first six months, only to witness a significant surge in new stocks going public in the latter part of the year.
360% return on IPO scorecard! Sachin Tendulkar turns Rs 5 crore investment into Rs 23 crore in 9 months
On March 6, Tendulkar picked up equity worth about Rs 5 crore in the company, which provides engineering and technology solutions for global OEMs in clean energy, aerospace, defence and oil & gas spheres. Following a stock split and bonus issue ahead of the IPO, he now owns 438,210 shares of the company.
Innova Captab IPO: Check subscription status, GMP, review, timeline
Innova Captab IPO price band is fixed at Rs 426-448, and at the upper end, the company plans to raise Rs 570 crore. Investors can bid for 33 shares in 1 lot and multiples thereafter. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.
Azad Engineering IPO: Check subscription status, GMP, review, timeline, other details
Azad Engineering IPO: According to market analysts, the company's shares are trading with a premium of Rs 440 in the unlisted market, an upside of 84% over the issue price.
Azad Engineering IPO booked 8 times so far on the second day of bidding
Azad Engineering IPO: Despite on-par valuation with peers, analysts advised investors to subscribe to the issue owing to the company's strong financial track record and superior outlook on growth.
Azad Engineering IPO: Should you subscribe to this Rs 740-crore issue?
Azad Engineering IPO price band has been fixed at Rs 499-524. Investors can bid for 28 shares in one lot and multiples thereafter. The company makes complex and highly-engineered precision forged and machined components that are mission and life-critical and hence, some of their products have a zero parts per million defects requirement.
Happy Forgings IPO fully subscribed within hours of opening on strong NII, retail push. Check GMP and other details
Happy Forgings IPO GMP: The issue, which closes on December 21, comprises a fresh equity issue of Rs 400 crore and an offer for sale (OFS) of 71.59 lakh shares. Under the OFS, promoter Paritosh Kumar Garg will offload 49.22 lakh shares and investor India Business Excellence Fund will sell 22.37 lakh shares.
Happy Forgings IPO opens for subscription. Should you apply?
Happy Forgings IPO: Analysts say the IPO gives a worthy option for investors seeking exposure to the manufacturing sector. The impressive track record and promising outlook of the company are additional bonuses that come with investing in this issue. "On the valuation front, we believe that the company is fairly priced. Thus, we recommend a subscribe for long-term rating to the IPO," said Anand Rathi.
DOMS Industries IPO subscribed 93.4 times on last day; GMP soars
According to market sources, DOMS shares are fetching a premium of Rs 525 in the grey market. The price band of the public issue is fixed at Rs 750-790, and at the upper end, the company plans to raise Rs 1,200 crore.
Doms IPO has a strong growth record, can be a good bet
Doms Industries has reported a strong growth over the past four years by expanding the product portfolio and offering products at attractive price points. The company sells 75% of products to general trade on a cash and carry model, resulting in one of the lowest working capital days in the sector.
IREDA IPO opens today. Should you subscribe to this prospective Navratna company?
IREDA’s Rs 2,150 crore worth IPO opens for subscription on Tuesday and closes on Thursday. The IPO consists of a fresh issue of shares worth Rs 1,290 crore and an offer for sale of Rs 860 crore by the government. The company has fixed the price band for the IPO at Rs 30-32 a share.
ASK Automotive IPO opens. Should you subscribe to the issue?
Analysts are positive on ASK Automotive IPO given the company's strong growth potential, professional management and competitive advantage. The offer comprises entirely an offer for sale (OFS) of up to 2.95 crore equity shares.
Load More
