Resourceful Automobile IPO: Shares list flat despite 400X subscription
The SME shares list flat at ₹117 despite commanding a 90% premium in the unregulated grey market, amid recent social media outrage.
ipo news
August 2024
July 2024
SME IPO of entity with 2 Yamaha showrooms, 8 staff leaves internet puzzled
Founder of Capital Mind, Deepak Shenoy, says the outrage is, probably, the unhappiness of missing out. "And no one's going to force you to buy this IPO."
Interarch Building Products shares surge 46% on IPO debut
The shares of Interarch Building Products listed at ₹1,299 on the NSE, a premium of 44.3% over the issue price of ₹900 apiece.
Blackstone-owned IGI India to raise ₹4,000 cr via IPO; fund to be used for acquisition
The capital raised from fresh equities will be used for the acquisition of IGI Belgium and IGI Netherlands from the promoter, says IGI India.
Premier Energies to raise ₹2,830 cr via IPO; plans to set up 4 GW solar cell, module plant
The IPO, a combination of fresh equities worth ₹1,291.40 crore and OFS of ₹1,539 crore, will open for subscription on August 27.
IPO rush continues: Unimech Aerospace, Innovision, Manjushree Technopack file DRHP with SEBI
Manjushree Technopack, Unimech Aerospace and Manufacturing, and Innovision look to collectively raise around ₹4,000 crore via IPO route.
Ecom Express to raise ₹2,600 cr via IPO; plans to set up processing centers, cloud infrastructure
The logistics company plans to use ₹387.44 crore for setting up new processing centers with automation and new fulfilment centres.
Ecom Express, Smartworks Coworking, Metalman Auto: These Delhi-NCR-based firms file for IPO with SEBI
Ecom Express, Smartworks Coworking, and Metalman Auto have submitted their DRHPs with SEBI to raise capital via IPO route.
IPO update: Interarch Building sets price band at ₹850-900; Inventurus Knowledge files DRHP with SEBI
The ₹600 cr IPO of Interarch Building Products will open for subscription between August 19-21, while the tentative listing date is August 26.
Akums Drugs, Gold Plus Glass, Ceigall, Orient Tech get SEBI nod to launch IPO
All these four companies filed their DRHP with the SEBI in February this year, while observations came between June 29 and July 2, 2024.
