Ipo Calendar

Vishal Mega Mart IPO Day 1: Check subscription status, GMP & other details

Vishal Mega Mart IPO Day 1: The IPO which opened for subscription today (December 11), is a complete offer for sale (OFS) comprising 1,025,641,025 shares

Transrail Lighting to float IPO on Dec 19; eyes Rs 400 cr via fresh issue

Transrail Lighting Ltd is gearing up to launch its public offering on December 19, featuring a fresh issuance of equity shares worth Rs 400 crore. Apart from the fresh issue, the initial public offering (IPO) comprised an offer for sale of 1.01 crore equity shares by promoter Ajanma Holdings Private Limited, according to the red herring prospectus (RHP). At present, Ajanma Holdings holds an 83.22 per cent stake in the Mumbai-based company. The initial share sale will open for public subscription from December 19-23. The bidding for anchor investors will open for a day on December 18, the RHP showed. Proceeds from the fresh issue will be used to fund incremental working capital requirements, support capital expenditure and for general corporate purposes. Transrail Lighting is one of the leading Indian engineering, procurement and construction (EPC) companies with a primary focus on power transmission and distribution business and integrated manufacturing facilities for lattice ...

Abha Power & Steel IPO listing: Stock hits lower circuit post decent debut

In few minutes of listing , around 10:06 AM, the stock slipped 2.32 per cent or Rs 1.9 at Rs 80 per share

Upcoming IPOs: NSDL, Mobikwik, Belstar MFI among 29 Sebi okayed share sale

Here is a complete list of companies that have received Sebi's green signal for their IPOs, with observations still valid

Sagility India gains 10% on reporting 236% rise in PAT; revenue up 21%

The company's profit after tax (PAT) for the second quarter ended September 30, 2024, stood at Rs 117.34 crore as compared to Rs 34.961 crore a year ago which implies an increase of 236 per cent

IPO pipeline strong as 10 companies plan to raise Rs 20,000 cr in December

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings. These IPOs will span various sectors, and deal sizes, and include both fresh issues and offers for sale. Trivesh D, COO of Tradejini, an online brokerage house, told PTI that the Maharashtra election verdict and the UP Lok Sabha by-election results have created a positive market sentiment that could boost IPO activity and fundraising efforts. While 2024

IPO Calendar: 10 public offerings to keep the investors busy next week

Indian primary markets are set to remain buzzing with several public offerings next week. Here are the full details of the upcoming IPO activities scheduled for the week

​Should you dump Adani Green stock for NTPC Green IPO? What analysts say

Vneet Jaain, former chief executive officer at Adani Green Energy along with Adanis, prosecutors said, raised over $3 billion in loans and bonds by hiding their corruption from lenders and investors

CIEL HR Services files draft IPO with Sebi, aims for Rs 335 cr via issue

CIEL HR Services Ltd, which provides technology-driven human resources solutions, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issue of equity shares worth Rs 335 crore and an offer for sale (OFS) of 47.4 lakh shares by promoters and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Tuesday. At present, promoters and promoter group entities hold 87 per cent stake in the company. Besides, the company may consider raising Rs 67 crore through a pre-IPO placement. If this is carried out, the fresh issue size will be reduced. Proceeds from the fresh issue will be used for acquisition of additional shareholding in subsidiaries -- Firstventure Corporation, Integrum Technologies, Next Leap Career Solutions, People Metrics and Thomas Assessments -- funding incremental working capital requirements of the company, unidentified inorgani

ACME Solar listing: Shares make poor debut on bourses at Rs 251 on NSE

ACME Solar shares opened lower on bourses at Rs 259 on BSE lower than Street's expectations

Sagility India shares list at 3% premium on bourses mirroring IPO GMP trend

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

IPO Calendar: Zinka Logistics, 3 others to keep investors busy next week

Primary markets remain buzzing with several public offerings. Here are the full details of the upcoming IPO activities for next week:

Market today: Wall Street hits record as Trump wins, US Fed decision eyed

After cheering Trump's victory, focus will now shift to US Fed's policy decision. Meanwhile, September quarter results and macroeconomic data will also be eyed

Upcoming IPO: Sebi clears deck for Sanathan Textiles Rs 800-cr public offer

The company received final approval from the Securities and Exchange Board of India (Sebi) after re-filing its IPO documents on August 20, 2024

Market today: US elections, Q2 results, Sagility IPO opens, Jio eyes IPO

While the market closely eyes the US presidential elections, corporate earnings and macroeconomic data will also be on radar

ACME Solar targets Rs 2,900 crore via IPO; sets price band at Rs 275-289

The Gurugram-based company's IPO is a combination of a fresh issue of shares worth Rs 2,395 crore and an offer for sale (OFS) of shares valued at Rs 505 crore by ACME Cleantech Solutions

Market today: US elections, Fed policy decision, Q2 results, Afcons listing

Investors will closely watch the developments in the US with respect to elections and interest rate cuts this week

IPO calendar next week: Swiggy, 2 others to open; Afcons Infra to list

Beginning with the listing of Afcons Infrastructure on Monday, November 4, the upcoming week promises to be equally exciting for investors

Sagility India plans Rs 2,107 cr IPO with price band of Rs 28-30/share

Sagility India Ltd, a technology-enabled services provider in the healthcare space, on Wednesday said it has fixed a price band of Rs 28-30 per share for its Rs 2,107 crore initial public offering (IPO). The initial share-sale will open for public subscription on November 5 and conclude on November 7, the company announced. The Bengaluru-based company's proposed IPO is entirely an offer for sale (OFS) of 70.22 crore shares, by promoter Sagility B V, worth Rs 2,106.60 crore at the upper end of the price band. The offer includes a reservation for subscription by eligible employees. Since it is an OFS, the company will not receive any proceeds from the public issue, and the entire fund will go to the selling shareholders. The objective of the initial share-sale is to gain the advantages of listing the equity shares on stock exchanges, the company stated. Additionally, the company anticipates that listing the equity shares will boost its visibility and brand image, provide liquidity

SaaS firm Virtual Galaxy Infotech files draft IPO papers with NSE Emerge

BFSI-focused SaaS firm Virtual Galaxy Infotech Ltd on Wednesday said it has filed draft papers with NSE Emerge to raise funds through an Initial Public Offering (IPO). The Nagpur-headquartered company's IPO comprises a fresh issue of 66 lakh equity shares with a face value of Rs 10 each, according to a statement. Proceeds from the issue worth Rs 34.26 crore will be used for setting up additional development facilities in Nagpur, Rs 18.9 crore for funding expenditure related to enhancement, maintenance and upgrading existing products, Rs 14.06 crore for funding business development and marketing activities. Additionally, Rs 5.05 crore will be utilised for procuring GPU, server & storage system at the data centre, Rs 3 crore for payment of debt and the remaining capital will be used for general corporate purposes. In July, the company raised Rs 21.44 crore in a pre-IPO funding round from the marquee investors. VGIL is a SaaS product-focused company engaged in providing core banking