The stock price of Arkade Developers on the BSE on September 24 was: *Listing price: Rs 176 Issue price:Rs 128 Premium: 37.5%* The grey market premium for Arkade Developers was estimated to be around 50%. However, the actual listing gains were slightly lower than this estimate.Arkade Developers had a successful […]
IPO
IPO size: The IPO is expected to raise a total of Rs 4,000 crore, with Rs 2,500 crore coming from a fresh equity issuance and the remaining Rs 1,500 crore from an offer-for-sale (OFS) by existing shareholders. Valuation: The offering is expected to fetch a valuation of approximately $7–8 billion. […]
NTPC Green Energy, the renewable energy subsidiary of NTPC Limited, has filed draft papers with SEBI to raise approximately ₹10,000 crore through an IPO. The offering will consist entirely of fresh equity shares with no offer-for-sale component. NTPC Green Energy plans to use ₹7,500 crore of the proceeds to repay […]
The IPO of Ecos (India) Mobility & Hospitality is expected to list at a premium of 45 percent over its upper price band. IPO Subscription: The IPO was subscribed 64.18 times, indicating strong demand for the shares. Company Business: Ecos provides chauffeured car rentals and employee transportation services. Industry Position: […]
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
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 […]
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 […]
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 […]
Show drafts Ola Electric has a strong chance of becoming a dominant player in the electric two-wheeler (e2W) market in India, similar to Maruti Suzuki’s position in petrol vehicles. Market Leadership: Ola Electric currently leads the e2W market share in India with almost half the sales in Q1 FY 2024-25. […]
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 […]