Sanstar’s initial public offering (IPO) has had a successful start. Listing price: Shares listed at Rs 109 on the NSE, a 14.7% premium over the issue price of Rs 95. IPO size: Totaled Rs 510.15 crore, comprising a fresh issue and an offer for sale. Subscription: The IPO was oversubscribed […]
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.
Sanstar’s initial public offering (IPO) has had a successful start. Listing price: Shares listed at Rs 109 on the NSE, a 14.7% premium over the issue price of Rs 95. IPO size: Totaled Rs 510.15 crore, comprising a fresh issue and an offer for sale. Subscription: The IPO was oversubscribed […]
Sanstar is a prominent player in India’s manufacturing sector, specializing in the production of plant-based specialty products and ingredient solutions. These products find applications in various industries, including food, animal nutrition, and other industrial sectors. Core Business Manufacturing of plant-based products: Sanstar primarily focuses on producing items like liquid glucose, […]
Current Status: The IPO application window closed on July 15th, 2024, at 5:25 PM IST. Grey Market Premium (GMP): The last reported GMP for Sahaj Solar is ₹240, as of July 15th, 2024, at 5:25 PM IST. GMP is an unofficial estimate of the premium investors in the grey market […]
IPO Plans: Sai Life Sciences filed draft papers with SEBI, the Indian securities regulator, to raise funds through an Initial Public Offering (IPO). IPO Structure: The IPO will consist of two parts: Fresh Issue: The company will issue new equity shares worth Rs 800 crore. Offer for Sale (OFS): Existing […]
Current GMP: ₹50 (as of July 11th, 2024, 5:25 PM) Price Band: ₹123 – ₹130 Estimated Listing Price (based on GMP): ₹180 (price band cap + GMP) Expected Gain (based on GMP): 38.46% Important Points to Consider: Grey Market Premium (GMP) is Unofficial: The GMP is an unofficial indicator of […]
Company Background: Established in 1985, specializing in stainless steel wire. Operates in 3 sectors: high carbon steel, low carbon steel, and stainless steel wire. Diverse product range with over 3,000 steel wire products. Wide customer base of over 5,000 clients. IPO Details: Listed at ₹356 on NSE, a 39% premium […]
The initial public offering (IPO) of Emcure Pharmaceuticals got off to a lukewarm start on July 3rd, the first day of bidding. Here’s a breakdown of the subscription data. Overall Subscription Ratio: 0.29 times, meaning bids were received for only 29% of the shares offered. Non-institutional Investors: Most active category, […]
Allied Blenders & Distillers had a strong debut on the Indian stock market on July 2, 2024. The listing price of ₹320 per share represented a premium of 13.87% over the issue price of ₹281. The high investor interest during the IPO is another positive indicator for the company. The […]
IPO Dates: Bidding for the IPO ran from June 19, 2024, to June 21, 2024. Issue Size: The total issue size was ₹40.80 crores, with a fresh issue of ₹28.56 crores and an offer for sale of ₹12.24 crores. Price Band: The price per share was set between ₹65 and […]