State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is gearing up to launch its Rs 6,000 crore Initial Public Offering (IPO). The InvIT's maiden public offering will open on March 11 and conclude on March 13, while the bidding for anchor investors will take place on March 10, according to a public announcement on Monday. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. As per the Red Herring Prospectus (RHP), Raajmarg Infra Investment Trust's IPO issue size aggregates up to Rs 6,000 crore. This was an increase from Rs 5,700 crore planned at the time of filing draft papers in January. Earlier, NHAI had incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the investment mana
Clean Max and Shree Ram Twistex fell up to 36 per cent on debut amid a global equities selloff, underscoring a turbulent year for India's primary markets and weak investor sentiment
Rajputana Stainless Ltd on Monday fixed a price band of Rs116-122per share for its upcoming Rs 255 crore initial public offering (IPO). The company's maiden public offering will open on March 9 and conclude on March 11, according to its statement. The IPO is a combination of a fresh issuance of up to 1.46crore equity shares and an offer-for-sale of up to 62.5 lakh shares by promoter Shankarlal Deepchand Mehta. This aggregates the total fund raising to Rs 255 crore at the higher end of the price band. The company will use the proceeds from the fresh issue to set up a manufacturing facility at Panchmahal district, Gujarat, expand its product portfolio, repay debt, and cover general corporate purposes. Incorporated in 1991 as Rajputana Steel Castings, the company transitioned into Rajputana Stainless in 2007 after a strategic restructuring. Rajputana Stainless specialises in manufacturing long and flat stainless-steel products which include billets, forging ingots and rolled black ..
Sensex Today | Stock Market LIVE Updates, Monday: The GIFT Nifty indicated a sharply lower open for the benchmark Nifty50 index amid rising geopolitical tension between the US and Iran
The unlisted shares of Sedemac Mechatronics were trading almost flat at ₹1,355, up ₹3 compared to the issue price of ₹1,352 per share
Rajputana Stainless IPO will open for public bidding on Monday, March 9 and close on Wednesday, March 11, 2026
Clean Max Enviro shares opened at ₹960 on the NSE, a discount of ₹93 or 9 per cent from the issue price of ₹1,053
Shree Ram Twistex IPO listing: On the National Stock Exchange (NSE), Shree Ram Twistex debuted at ₹68, representing a discount of ₹36 or 34.62 per cent against its issue price of ₹104
Applicants can check their Omnitech Engineering IPO status on the official NSE and BSE websites, as well as on the registrar's portal, MUFG Intime India
IPO Calendar for Next Week: Clean Max Enviro Energy, Shree Ram Twistex, PNGS Reva Diamond Jewellery, and Omnitech Engineering are scheduled to debut on the bourses during the week.
Gaudium IVF shares opened at ₹83 on the NSE, a premium of ₹4 or 5 per cent from the issue price of ₹79
Applicants can check PNGS Reva Diamond Jewellery IPO allotment status on the NSE, BSE and registrar Bigshare Services' website
Acetech E-Commerce IPO is being offered at a price band of ₹106 to ₹112 per share, with a lot size of 1,200 shares
Gaudium IVF IPO received a decent investor response, achieving an overall oversubscription of 7.27 times
PNGS Reva Diamond Jewellery IPO has received bids for 5.98 million shares against 5.70 million shares on offer
The planned share sale will be entirely an offer for sale, with existing shareholders expected to divest about 4 per cent to 4.5 per cent of the company's equity
Sedemac Mechatronics has set the price band for its IPO in the range of ₹1,287 to ₹1,352 per share
Investors can check their allotment status for the Clean Max Enviro IPO on the official NSE and BSE websites, MUFG Intime India portal
Once the allotment is finalised, investors who applied for the public offering can check their status on the official websites of BSE, NSE, or Bigshare Services, the registrar for the issue
Chandrasekaran defers third-term nod as Noel Tata seeks assurances on listing, debt and SP Group dispute, exposing fresh fault lines within Tata Sons