Page 3 - Stock Market Listing

SRM Contractors freezes at 5% upper circuit; rises 12% against issue price

The stock of the civil construction company got listed at Rs 225, a 7 per cent premium over its issue price on the BSE

Popular Vehicles and Services makes weak debut, falls 8% post listing

Popular Vehicles and Services made a weak stock market debut on Tuesday, with its shares getting listed at Rs 289.20, a 2 per cent discount to its issue price of Rs 295 per share

J G Chemicals makes weak debut; stock lists 5% below its issue price

Post listing, the market price of J G Chemicals hit a high of Rs 213.75 and a low of Rs 201.90 in the intraday trade

Stocks to Watch, March 13: ITC, JG Chem, Signatureglobal, Vedanta, HG Infra

Stocks to Watch on Wednesday, March 13, 2024: British American Tobacco (BAT) may sell up to 3.5 per cent stake in ITC by way of block deals on Wednesday

R K Swamy makes weak debut, lists at 13% discount to its issue price

R K Swamy's Rs 423.56-crore initial public offer (IPO) was subscribed 25.78 times

GPT Healthcare makes good market debut; stock lists 16% over issue price

t 10:03 AM, GPT Healthcare was trading at Rs 205.65, 5 per cent lower than its listing price and 11 per cent higher against its issue price

Juniper Hotels lists at Rs 365 against issue price of Rs 360

Juniper Hotels made a quiet debut on the bourses on Wednesday, listing at Rs 365 -- a 1.4 per cent premium over its issue price of Rs 360 per share

Vibhor Steel Tubes makes solid debut; zooms 196% over issue price

Vibhor Steel Tubes made a solid stock market debut on Tuesday as its shares got listed at Rs 425, a stellar 181 per cent premium over its issue price of Rs 151 per share on the National Stock Exchange

Capital Small Finance Bank lists on a tepid note; dips 8% below issue price

The stock listed at Rs 430.05, 8 per cent below its issue price of Rs 468 per share on the National Stock Exchange.

Jana Small Finance Bank makes weak debut; lists 4% below issue price

The Rs 570-crore initial public offer (IPO) was subscribed 19.89 times, with steady demand across investor categories.

Entero Healthcare garners Rs 716 cr from anchor investors, IPO opens

Healthcare products distributor Entero Healthcare Solutions has collected Rs 716 crore from anchor investors. The company has allotted a total of 56.95 lakh equity shares to 25 funds at Rs 1,258 a piece, which is also the upper end of the price band, according to a circular uploaded on BSE's website late on Thursday. The anchor book saw participation from investors, including the Capital Group, Government of Singapore, Monetary Authority of Singapore, Amundi Funds New Silk Road, Societe Generale, Morgan Stanley Asia (Singapore) Pte, Goldman Sachs (Singapore) Pte, and Copthall Mauritius Investment Ltd. Additionally, Bajaj Allianz Life Insurance Company, SBI General Insurance, and Jupiter India Fund participated in the anchor round. The issue, with a price band of Rs 1,195-1,258 per share, opened for public subscription on Friday. It will close on February 13. The Rs 1,600 crore IPO is a combination of a fresh issue of equity shares worth up to Rs 1,000 crore and an Offer For Sale (

BLS E-Services makes robust debut; zooms 140% over its issue price

The Rs 311 crore Initial Public Offer (IPO) of BLS E-Services had received a whopping 162.38 times subscription.

BLS E-Services IPO sails through on Day 1: Here's all you need to know

BLS E-Services Rs 311 crore IPO was subscribed up to 2.5 times as of 11:30 AM on Day 1 of the offer period.

Medi Assist Healthcare shares surge 11%; Nova Agritech IPO subscribed 9.7x

The initial public offering (IPO) of Nova Agritech garnered nearly 10 times subscription on Tuesday, the opening day of the issue. Most of the bids on the first day came from individual investors

Nasdaq talks to India about overseas listings for local companies

Allowing Indian companies to list abroad on exchanges like Nasdaq will give them wider access to capital, Nasdaq's Executive Vice Chairman Edward Knight said in an interview

Barclays raises target on Europe's STOXX 600 to 510 from 485: Report

The new target represents a roughly 7 per cent upside from current levels

IIFCL plans to launch IPO in next financial year, unlock value for govt: MD

State-owned India Infrastructure Finance Company Ltd (IIFCL) plans to go public in the next financial year, company's Managing Director P R Jaishankar said on Friday. "We are examining the listing...hopefully it should be done next financial year. IIFCL has come to a stage where we unlock the value for the benefit of the government," he said on the sidelines of the company's foundation day. The company will very soon initiate the consultation process, he said, adding various approvals are required including from the government. Asked about the quantum of stake dilution, he said, the decision about that would be taken after detailed discussion. As of now, IIFCL is 100 per cent owned by Government of India. From the performance perspective, he said the company has been consistent both on topline and bottomline parameters. He expects the FY24 profit to cross Rs 1,500 crore. IIFCL reported a two-fold jump in standalone net profit to Rs 1,076 crore for FY23 aided by an increase in le

Sanstar files IPO papers with market regulator Sebi to raise funds

Plant-based speciality products company Sanstar Ltd has filed its draft papers with capital markets regulator Sebi to raise Rs 425-500 crore through an initial public offering. The total size of the Initial Public Offering (IPO) is up to 4.80 crore equity shares, comprising a fresh issue of up to 4 crore shares and an Offer For Sale (OFS) of up to 80 lakh shares by its promoters and promoter group selling shareholders. As part of the OFS, Gouthamchand Sohanlal Chowdhary, Rani Gouthamchand Chowdhary, Sambhav Gautam Chowdhary, Shreyans Gautam Chowdhary, Richa Sambhav Chowdhary and Samiksha Shreyans Chowdhary will offload the shares of the company, as per the draft red herring prospectus (DRHP). Also, the company may consider a pre-IPO placement of up to 40 lakh equity shares. If such placement is completed, the fresh issue size will be reduced. According to market sources, the IPO size is expected to be Rs 425-500 crore. Going by the draft papers, proceeds from the fresh issue will

Stock market holidays in 2024: BSE, NSE to be closed on these days

As per the holidays list declared by the BSE and NSE, there will be no futures, trading in capital market, and options segment in the stock market holidays 2024

Bonanza for IPOs in 2023, 55 of 59 stocks trading above issue price

Analysts attribute these gains in the newly listed stocks to buoyant secondary markets, the enthusiastic participation of retail investors in IPOs, and strong foreign portfolio investor flows (FPIs)