Nse Emerge

Upcoming IPO alert! Influx Healthtech files DRHP with NSE Emerge; details

The Influx Healthtech IPO comprises a fresh issuance of 46,32,000 equity shares, and an offer for sale of up to 13,68,000 equity shares, each with a face value of Rs 10

VFX company Identical Brains files draft IPO papers with NSE Emerge

VFX company Identical Brains Studios on Monday said it has filed preliminary IPO papers with NSE Emerge to raise funds through an initial public offering (IPO). The Mumbai-headquartered company's initial public offering comprises a fresh issuance of up to 36.94 lakh equity shares with a face value of Rs 10, through the book-building route, according to the draft red herring prospectus (DRHP). The firm plans to utilise the proceeds to fund the renovation of the existing office and studio in Andheri; establish Colour Grading Digital Intermediate and Sound Studio set-up at a new branch office in Andheri; establishment of the new branch office in Lucknow; purchase of computers, storage systems and software; further strengthen the existing facilities the company; support the company's incremental working capital requirements and for general corporate purposes. Identical Brains Studios offers a comprehensive suite of VFX services in a diverse range of projects such as films, web series, T

Xolopak India files draft papers with NSE Emerge to mobilise funds via IPO

Pune-headquartered sustainable disposable packaging maker Xolopak India on Monday said it has filed draft papers with NSE Emerge to raise funds through an initial public offering (IPO). The IPO comprises a fresh issuance of 52,86,000 equity shares, each with a face value of Rs 10 each, a company statement said. Xolopak India Ltd (XIL), a leading player in sustainable disposable packaging products and India's first manufacturer of organic disposable cutlery and ice cream sticks and spoon products, has filed Draft Red Herring Prospectus (DRHP) with the NSE Emerge, the statement added. Xolopak India logged nearly three-fold growth in its revenue from operations at Rs 31.47 crore in the fiscal year 2023-24, compared to Rs 11.87 crore in FY2022-23 and has posted a net profit of Rs 6.36 crore in FY24, as against Rs 3.48 crore in FY23. As per to the DRHP, the Xolopak India intends to invest Rs 20 crore from the IPO proceeds for the acquisition of equity shares in Atharva Poly-Plast Pvt Lt

Divine Power Energy makes stellar mkt debut, lists at 288% premium on NSE

Divine Power Energy Ltd (DPEL) made a stellar debut on the NSE Emerge platform today, listing at Rs 155 per share, a premium of 288 per cent over issue price of Rs 40

Durlax Top Surface SME IPO opens on June 19; check price band, GMP here

The IPO subscription period for Durlax Top Surface begins on June 19, 2024 (today), and concludes on June 21, 2024

6 SME IPOs to open this week; check size, issue price, GMP and more

Falcon Technoprojects India IPO is a fixed price issue of Rs 13.69 crore. The issue is entirely a fresh issue of 14.88 lakh shares

Accent Microcell files draft papers with NSE Emerge to float public offer

Pharma company Accent Microcell on Monday said it has filed draft papers with NSE Emerge to raise funds through an initial public offering (IPO). The offering consists of a fresh issuance of 56 lakh equity shares with a face value of Rs 10 for each share, the Ahmedabad-based company said in a statement. Proceeds from the issue will be used to invest in setting up a new plant at Navagam Kheda in Gujarat. It already operates two plants with a total installed capacity of 8,000 metric tonnes per annum. Out of the total proceeds from the fresh issue, the company proposes to invest Rs 48.39 crore in the current financial year and Rs 6 crore in FY25 towards the establishment of Unit-III. Accent Microcell manufactures Microcrystalline Cellulose (MCC), which is widely used as a texturizer, anticaking agent, binder, lubricant, bulking agent, and diluent with an extensive range of applications in pharmaceutical, nutraceutical, food, cosmetic and other industries. The firm registered a revenu

Proventus Agrocom made stellar debuts with around 12% premium on NSE Emerge

/ -- Proventus Agrocom Limited, the Mumbai-headquartered one-stop shop for healthy snacking solutions, made a stupendous debut on NSE Emerge the SME exchange platform of the National Stock Exchange. The company's shares were listed at a premium of 12% at Rs 862 a share over its issue price of Rs 771 per share. It locked at upper circuit with only buyers on exchange. The company witnessed total traded volumes of 1.67 lakh shares and clocked a turnover of approx. Rs 13.86 crore as of 11am on its debut day. The company's IPO was issued open for subscriptions from May 24 to May 26 and the issue saw an overall subscription of close to 2.75 times. On the listing ceremony, many dignitaries and industry personalities were present to grace the occasion. Durga Prasad Jhawar, Managing Director & CEO, Proventus Agrocom, said: "We aim to inspire healthier choices for nutritious living and sustained well-being by facilitating our customers with nature's most nutritious snacks. The IPO and its

Vinsys IT Services files draft IPO papers with NSE Emerge to get listed

Vinsys IT Services India on Monday said it has filed preliminary papers with NSE Emerge to raise funds through an initial public offering (IPO). The Pune-headquartered company plans to offer 38.9 lakh equity shares of Rs 10 each through the book-building process. The firm will be listed on NSE Emerge, a platform for small and medium enterprises, it said in a statement. Proceeds from the public issue will be utilised to meet working capital requirements, repayment of loan to subsidiary and for other general corporate purposes. The company has appointed Beeline Capital Advisors as merchant bankers to the issue. Marquee investors led by overseas funds, including NAV Capital Emerging Star Fund and xMultiplied, and domestic players, such as Nova Global Opportunities Fund, Aegis Investment Fund and Sambhavnath Investments, have invested in the company's pre-IPO funding. Vinsys provides a full suite of software service offerings, including ERP solutions, architectural consulting, ...

NSE Emerge sees 100th listing

The 100th company to list was ANI Integrated