As the secondary market continues its positive momentum with the Nifty 50 reaching record levels last week, the primary market is poised for significant activity. Six IPOs, collectively valued at over Rs 3,300 crore, are scheduled to debut on Dalal Street, alongside five companies slated for listing on the bourses. Platinum Industries IPO: Leading the […]
The Juniper Hotels IPO concluded with a subscription of 2.08 times on the final bidding day, February 23, as investors purchased 6.01 crore equity shares against the offer size of 2.89 crore equity shares. Qualified institutional investors (QIIs) led the participation, oversubscribing their quota by 2.96 times, while retail investors subscribed to 1.28 times their […]
Esconet Technologies made a remarkable debut, entering the market at a staggering 245.2 percent premium over the IPO price on February 23. The stock opened at Rs 290 on the NSE SME platform, surpassing the issue price of Rs 84, following an IPO that witnessed oversubscription by 500 times. The listing performance exceeded expectations, with […]
Atmastco stock saw a solid debut, opening at an 18.2 percent premium over the IPO price on February 23, starting at Rs 91 compared to the issue price of Rs 77 on the NSE SME platform. Before the listing, the shares commanded a 7 percent premium in the grey market, an unofficial trading platform where […]
Interiors and More witnessed a strong market debut, opening at Rs 270 per share on the NSE SME platform, marking an 18.9 percent premium over its IPO price of Rs 227 on February 23. Prior to listing, the stock commanded a 15 percent premium in the grey market, an informal trading ecosystem where shares trade […]
Mumbai-based stabiliser manufacturer Platinum Industries will float its public issue as a complete issue of fresh shares on February 27 and the anchor book will open for a day on February 26. Key Details 1.) IPO Timeline The IPO subscription window opens on February 27, 2024, and closes on February 29, 2024. 2.) Pricing Range […]
Exicom Tele-Systems Limited’s initial public offering (IPO) is a book-built issue targeting Rs 429 crore. The subscription will commence on February 27, with the anchor book opening on February 26. The IPO includes a fresh issue of 2.32 crore shares valued at Rs 329 crore and an offer-for-sale of 70 lakh shares worth Rs 100 […]
Infrastructure investment trust Bharat Highways InvIT revealed its plans to initiate its initial public offering (IPO) worth Rs 2,500 crore on February 28. The IPO, marking the InvIT’s debut in the public market, will run until March 1, with a price range of Rs 98-100 per unit, as disclosed by Bharat Highways InvIT in an […]
Agilus Diagnostics, a Gurugram-based diagnostics firm formerly known as SRL, has opted to withdraw its initial public offering (IPO) plan as of the last week of February, specifically on February 12. The proposed Agilus Diagnostics IPO exclusively comprised an offer-for-sale (OFS) of 1,42,33,964 equity shares by existing shareholders, with no provision for a fresh issue […]
On February 19, Wise Travel India (WTI) Cabs saw its stock debut on the NSE SME platform with a remarkable 32.6 percent premium over its IPO price. Opening at Rs 195, compared to the issue price of Rs 147, the stock’s performance garnered significant attention in the market. Prior to its listing, the stock was […]