Six IPOs, including the Bharti Hexacom IPO and Aluwind Architectural IPO, will get listed on the stock exchanges
The IPO from Bharti Airtel's subsidiary opened for subscription on Wednesday, April 3, and closed on Friday, April 5
The company has filed a prospectus for IPO, which it is planning to launch in the first half of FY25
The telecom operator's Rs 4,275-crore issue was the largest in nearly a year
The rival of NSE, BSE ( formerly Bombay Stock Exchange), launched its IPO in 2017 and is currently listed on the NSE
The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said
Bharti Hexacom provides telecommunication services in Rajasthan and the Northeast
Bharti Hexacom, a subsidiary of Bharti Airtel, operates in the Rajasthan and the Northeast telecommunication circles
This includes partnering with founders to build high-growth, capital-efficient technology businesses, and supporting their growth from seed to unicorn, and IPO stage
If grey market activity is any indication, the subsidiary of Bharti Airtel could list at Rs 610, slightly above the initial public offering (IPO) price range of Rs 542-570
The company confidentially submitted its IPO plans to the US Securities and Exchange Commission earlier
The S&P BSE IPO Index, a gauge tracking the after-listing performance of newly listed companies, has risen by 69 per cent in this financial year
Moreover, the company may consider raising up to Rs 250 crore in the "pre-IPO placement" round. If such placement is completed, the fresh issue size will be reduced
At present, promoters and promoter group entities hold 100 per cent stake in the company
Backed by Blume Ventures, BHIVE expanded into the Mumbai-Pune region, securing office space at Adani's tower in BKC with an investment of Rs 25 crore
Trust Fintech has raised Rs 18.05 crore from allocating nearly 1.8 million shares at Rs 101 to anchor investors ahead of the IPO
According to IIFL Alternatives, Shriram Finance is expected to see inflows of nearly Rs 1,300 cr (over 3 days of volumes), while UPL could see outflows of over Rs 700 cr (nearly 5 days of volumes)
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At 10:01 am; Krystal was quoting at Rs 784.75, after hitting a low of Rs 764.65 on the BSE in intra-day trade. A combined 2.5 million equity shares changed hands on the NSE and BSE
Of the total net proceeds, the company aims to use Rs 24.11 crore for setting up a manufacturing facility in Mohali and the remaining amount for general corporate purposes