Tuesday, October 22

Tag: IPO

Zaggle’s Rs 564 crore-IPO opens on September 14: Know details
11Sep By adminNo Comments
Business

Zaggle’s Rs 564 crore-IPO opens on September 14: Know details

NEW DELHI: Zaggle Prepaid Ocean Services, a prominent player in the fintech sector, has announced the pricing range for its upcoming initial public offering (IPO) at Rs 156-164 per share, marking a substantial premium of 156-164 times the face value of its shares.The IPO, scheduled to open on September 14, comprises a combination of fresh equity shares valued at up to Rs 392 crore and an offer for sale (OFS) by its promoters and select external investors, amounting to Rs 174 crore.Upon completion of the IPO, the promoter and promoter entities will collectively retain approximately 42 percent of the paid-up equity, while existing selling shareholders will collectively reduce their holdings by slightly over 8 percent.In the OFS segment, Founder and Chairman Raj P Narayanam will divest a min...
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Rishabh Instruments IPO opens for subscription today: Pricing, listing date and other details
29Aug By adminNo Comments
Business

Rishabh Instruments IPO opens for subscription today: Pricing, listing date and other details

NEW DELHI: Rishabh Instruments Limited, a global energy efficiency solutions provider, is opening its initial public offering (IPO) for subscription for public on August 30. The IPO aims to raise Rs 490.78 crore by issuing a total of 11,128,858 equity shares.The price band for the IPO is Rs 418 to Rs 441 per equity share. Retail investors can bid for a minimum of 34 equity shares and a maximum of 14,400 equity shares. Qualified institutional buyers (QIBs) can bid for a minimum of 100 equity shares and a maximum of 1,50,000 equity shares. Non-institutional investors can bid for a minimum of 100 equity shares and a maximum of 1,44,000 equity shares.Listing dateThe IPO will be open for subscription till Friday, September 1. The shares will be listed on the Bombay Stock Exchange (BSE) and the...
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5 IPOs To Watch Out For This Week; Check Details Here
1Aug By adminNo Comments
Business

5 IPOs To Watch Out For This Week; Check Details Here

Published By: Business DeskLast Updated: August 01, 2023, 14:16 ISTAn Initial Public Offering (IPO) is the first sale of shares to the public by a privately owned company.IPO Update: Here’s a list of companies that you can watch out for this week.The financial world is gearing up for this week’s potential market upheaval. Investors are eyeing five upcoming Initial Public Offerings (IPOs) set for a launch, offering a diverse range of products and services. An IPO is the process of offering shares of a private company to the public for the first time, allowing the ventures to raise equity capital from investors in the market. If you have also been looking to invest your money in IPOs, here’s a list of companies that you can watch out for this week.1) Small Business Fin Credit (SBFC) Financ...
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IPO Update: These Two Companies Are Launching Public Offers Worth 110 Crore On August 1
29Jul By adminNo Comments
Business

IPO Update: These Two Companies Are Launching Public Offers Worth 110 Crore On August 1

IPO Update: The two companies -- Vinsys IT Services India Ltd and Oriana Power Ltd -- aim to raise Rs 49.84 crore and Rs 59.64 crore, respectively.IPO Update: Vinsys IT Services India Ltd, Oriana Power Ltd will be listed on the NSE's Emerge platform following the public offerVinsys IT Services India IPO, Oriana Power IPO: Even as the primary market has been seeing increased activity of late, two more SME IPOs are set to open next week on August 1 — Oriana Power IPO and Vinsys IT Services India IPO. The companies will be listed on the NSE’s Emerge platform.Vinsys IT IPOPune-based Vinsys IT Services India Ltd, an IT and software services company, has fixed the price of Rs 121 to Rs 128 of a face value of Rs 10 for its forthcoming public offering. The issue will open on August 1, 2023, and c...
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Muted start on D-Street likely; HDFC Bank, RIL in focus
17Jul By adminNo Comments
Business

Muted start on D-Street likely; HDFC Bank, RIL in focus

Stock market LIVE updates: The Q1 (April-June) quarter results season is in full swing, and investors will closely follow earnings of key companies on Monday, including that of HDFC Bank and LTIMindtree, to gauge the health of India Inc.  ...Read MoreNo article available in this category.First Published: Jul 17 2023 | 7:48 AM IST
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National Securities Depository files DRHP with Sebi to float IPO
8Jul By adminNo Comments
Business

National Securities Depository files DRHP with Sebi to float IPO

The National Securities Depository (NSDL), country’s largest depository, has filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi). In the initial public offering (IPO), IDBI Bank, National Stock Exchange (NSE) and Union Bank are looking to pare their holdings. NSDL will not issue any fresh shares in the IPO. NSDL’s rival Central Depository Services (CDSL) came out with an IPO in 2017. NSDL will solely be listed on the BSE. CDSL, which is listed only on the NSE, has a market cap of Rs 12,290 crore. As of June 2023, NSDL handled 32.3 million demat accounts with underlying assets of Rs 338 trillion. The company handles almost all the assets held by foreign portfolio investors (FPIs) in dematerialised for...
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