Data provided by depository NSDL revealed that Rs 44,950 crore of the total FPI flows last year went into primary issuances
Automotive components manufacturer Emmforce Autotech has filed draft papers to raise funds through an initial public offering (IPO). The public issue will be entirely a fresh issue of up to 55,00,000 equity shares, each with a face value of Rs 10, the company said in a statement on Thursday. Post the completion of the IPO, the company's shares are proposed to be listed on the SME Platform of BSE Ltd, a platform for small and medium enterprises, it added. The company proposes to utilise the proceeds from the fresh issue towards investment in its subsidiary, Emmforce Mobility Solutions Pvt Ltd (EMSPL). Proceeds will also be used to meet the working capital requirements of the company, and general corporate purposes, as per the draft red herring prospectus (DRHP). "We are planning to invest proceeds from the IPO in our subsidiary company EMSPL to expand its manufacturing capabilities and cater to untapped territories, including Europe, South America, Africa, the Middle East, Asia Pac
Shares of Rail Vikas fell 6.1 per cent to end at Rs 126 in secondary market trading
(Reuters) - Asia Index Pvt Ltd said on Friday Adani Wilmar Ltd will be dropped from the S&P BSE IPO index.
In the past three months, the IPO index has tanked 31 per cent as against 5 per cent decline in the S&P BSE Sensex
Latent View Analytics, Go Fashion, Chemplast Sanmar, Macrotech Developers (Lodha), CMS Info Systems, Sona BLW Precision Forgings and Devyani International slipped between 8% and 10%.
FSN E-Commerce Ventures (Nykaa), PB Fintech, the parent company of Policybazaar, Tega Industries, Tarsons Products and Aditya Birla AMC were among 11 stocks from the BSE IPO index hit new lows.
Primary issue will be of Rs 5,000 crore, which the company will raise via public issue; OFS by existing investors will be Rs 2,460 crore
A total of six stocks -- Angel Broking, CAMS, Gland Pharma, Happiest Minds Technologies, Laxmi Organic and Macrotech Developers -- have hit their respective new highs since listin
The IPO received bids for 12,80,04,066 shares against the total issue size of 1,07,99,039 shares
The IPO, which closes tomorrow, received bids for 1,08,89,568 shares against the total issue size of 1,07,99,039 shares
The retail portion of the issue was subscribed 86%
Retail portion subscribed 86%, HNI, institutional portion subscribed 12% and 16%, respectively
Here is a quick compilation of what the leading research houses and brokerages across the country suggest
Midas Touch Investors Assn writes to Sebi, merchant bankers; BSE says all requirements complied with
The much-awaited public offer of BSE will see sale of 29,955,434 shares by the existing shareholders
Reports have suggested Rs 400-650 as possible IPO price, depending on various parameters