As of September 2024, the company's portfolio has 11 operational properties, comprising 2,036 keys across the luxury, upper upscale and upscale segments
Indo Farm Equipment on Tuesday fixed a price band of Rs 204 to Rs 215 per share for its initial share-sale that opens for public subscription on December 31.
Companies typically avoid December due to concerns about limited participation from foreign portfolio investors during the year-end holiday period
These stellar debuts came despite the benchmark indices logging continuous declines since their initial public offerings (IPOs) closed on Friday
Investors can bid for a minimum of 23 equity shares and in multiples of 23 equity shares thereafter
Handful of domestic, foreign institutions show large activity in SME segment: Report
Industry players note that the sharp rally in the market over the past month has emboldened companies to advance their listing plans
The initial share-sale is scheduled to close on December 23 and the bidding for anchor investors will open for a day on December 18, the company announced
Jammu-based company DeVANS Modern Breweries also plans to enter the duty-free space with one-litre bottles of its Single Malt brand GianChand exclusively for travel retail
Mobikwik subscribed 119x, Vishal Mega Mart 27x, Sai Life 10.3x
Public issue will conclude on December 23 and the bidding for anchor investors will open for a day on December 18, the company announced
Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments
Other participants included existing investor Evolvence. The Series G round which was a mix of primary and secondary share sales also facilitated exits for certain investors, the company said
The IPOs of SaiLife and Vishal Megamart were subscribed 0.84 times and 0.5 times
Mobikwik IPO GMP today: Mobikwik shares were trading at Rs 415 apiece, reflecting a grey market premium (GMP) of Rs 136 or 48.75 per cent per share
SME IPO is a red-hot market segment. Many of these floats routinely see 100-time subscription and massive gains upon listing
With the IPO, the company aims to provide an opportunity for investors to participate in one of the fastest-growing niches in the US healthcare sector
Flipkart, valued at $36 billion, is planning to launch its initial public offering by 2025-26, and will be shifting its domicile from Singapore to India
Investors led by the People Activism Forum urge Delhi HC to direct Sebi to approve NSE's IPO, alleging unjustified delays that hinder shareholder value and public market access
Shares of BSE have surged more than 20 per cent in less than two weeks, defying concerns surrounding the Securities and Exchange Board of India's (Sebi's) new futures and options