The allotment status for the Gala Precision Engineering Initial Public Offering (IPO) is expected to be finalized on Thursday, September 5, 2024. Successful applicants will have their shares credited to their Demat accounts on the same day. IPO Type: Book Built Issue Issue Size: Rs 167.93 Crores Fresh Issue: Rs […]
IPO Details
An Initial Public Offering (IPO) is the process where a private company sells its shares to the public for the first time. This essentially means the company is transitioning from being privately owned to being publicly traded on a stock exchange.
KIMS Healthcare Limited saw a significant block deal on [Date], where approximately 2% of its equity changed hands. The transaction was valued at Rs 392.10 crore. Block deal details: Value: Rs 392.10 crore Shares: 15.7 lakh (2% stake) Floor price: Rs 2,497 (1% discount to previous closing) Market reaction: Stock […]
The IPO of Orient Technologies was well-received on its first day, being subscribed 6.64 times. The company offered 74.49 lakh shares, but received bids for nearly 4.95 crore shares. Retail investors were particularly enthusiastic, with their portion being subscribed 6.67 times. The IPO has a price band set between ₹195 […]
Massive Premium: The stock opened at Rs 199.5 per share, compared to the IPO price of Rs 105. Strong Demand: The IPO was oversubscribed 200 times, indicating significant demand from investors. Business Model: Sunlite Recycling Industries specializes in recycling copper scrap, focusing on environmentally friendly practices
FirstCry’s IPO was a resounding success. The strong listing, with shares opening at a 40% premium to the IPO price, reflects high investor confidence in the company’s growth prospects. Strong Debut: Rainbees Solutions Ltd, the operator of the FirstCry platform, made a strong stock market debut, with shares listing at […]
Ola Electric Mobility’s shares have indeed seen impressive gains, with the stock reaching Rs 109.44, marking a 44% increase from its IPO issue price of Rs 76 . The IPO, held from August 2 to August 6, was highly successful, being oversubscribed 4.27 times and raising Rs 6,145.56 crore. Impressive […]
Brainbees Solutions Ltd, which operates the Omnichannel kidswear brand FirstCry, is launching its initial public offering (IPO) with a price band of Rs 440-465 per share. Here are the key details: Issue Open Date : August 6 Anchor Bidding Start Date : August 5 IPO Close Date : August 8 […]
Manglam Infra and Engineering Ltd made a strong impression on the stock market with its Initial Public Offering (IPO). The initial public offering (IPO) of Manglam Infra and Engineering Ltd made a significant impact on its debut on the NSE SME platform on July 31. The shares listed at a […]
Increased reliance on China: Ola Electric’s imports from China surged from 19% in FY23 to 37% in FY24, despite government incentives for local manufacturing.Ola Electric, preparing for an initial public offering (IPO), experienced a notable increase in its import costs from China during the financial year 2023-24. This rise occurred […]
Ola Electric is set to launch its IPO on August 2, 2024, aiming to raise ₹5,500 crore through a fresh issue of equity shares. The IPO will also include an offer for sale (OFS) of approximately 8.49 crore shares by promoters and investors (IPO Watch). Key Details: IPO Dates: Opens […]