IPO Market

In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent

IPO lock-in exit wave: NTPC Green, Waaree Energies, Hyundai Motor India, among 50 companies whose shares will go through the IPO lock-in exit period; check the full list here

As investors await further details from Unimech Aerospace, here are the key takeaways from the Draft Red Herring Prospectus (DRHP) that the company submitted to the market regulator, Sebi

Startup IPO boom reshapes their investment strategies

Swiggy's CEO, at the stock market debut, shared the journey from an IIM Calcutta college project to India's leading delivery platform

Sagility India shares listed at Rs 31 on the BSE, reflecting a premium of 3.53 per cent against the IPO allotment price of Rs 30

Shares of Deepak Builders & Engineers made a subdued debut on bourses on Monday. On the BSE, Deepak Builders shares listed at Rs 198.50

Having secured 'in-principle' approvals from the BSE, and National Stock Exchange (NSE) for the listing of its equity shares, Waaree Energies is all set for its market debut

To undertake detailed examination into disclosures made by SME firm

After a wave of initial public offerings (IPOs) in recent weeks, the primary market will experience a brief slowdown, with only two new public issues scheduled for the next week, aiming to raise Rs 365 crore. There were 12 IPOs in the mainboard segment and 40 in the SME (small and medium enterprise) segment in September. IPOs scheduled for next week, beginning October 7, are Garuda Construction and Engineering on the main board and Shiv Texchem on the SME segment. Garuda Construction is seeking to raise Rs 264 crore, and Shiv Texchem is aiming for over Rs 101 crore through their respective IPOs available for public subscription during October 8-10. The stock market has seen a significant correction in the equity market since the start of October amid intensifying conflict between Israel and Iran. Despite the temporary slowdown, overall, the outlook for the IPO market is promising, with 26 firms proposing to raise Rs 72,000 crore presently holding Sebi's approval while another 55 .

IPO pipeline for the remaining part of CY24 remains strong. 25 companies plan to raise nearly Rs 63,550 crore and have Sebi's approval

Northern Arc Capital shares listed at Rs 351 on the BSE, reflecting a premium of 33.40 per cent against the issue price of Rs 263

Shares of Western Carriers (India) made a sluggish debut on the bourses, listing at Rs 170 against the IPO issue price of Rs 172 on the BSE

KFin Technologies is the registrar to the offer, while JM Financial and Motilal Oswal Investment Advisors are the book-running lead managers to the issue

Shares of ECOS (India) Mobility & Hospitality (ECOS) were locked in the 20-per cent upper circuit, at Rs 592.95, on the BSE in Tuesday's intraday trade

Shares of auto parts manufacturer Kross made a sluggish start on the bourses on Monday. On the BSE, Kross shares listed at Rs 240, synonymous with its the issue price of Rs 240

This week alone, IPOs of 16 companies open for subscription, including Bajaj Housing Finance's smaller peer Sammaan Capital

In 2024 so far, 56 IPOs have raised Rs 65,000 crore, compared to just 20 IPOs raising slightly more than Rs 15,051 crore in the first eight months of 2023

Share market today, August 29, 2024: Indian equities are expected to open lower; US GDP, Reliance Industries (RIL) 2024 AGM, Premiere Energies IPO on radar

The divergence comes as Indian secondary-market stocks are among the priciest in the world, at about 24 times 12-month forward earnings