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IPOs - Angel One

Stellar Listing: DEE Development Engineers India Lists at 67% Premium at Rs 339 per share on NSE!

Stellar Listing: DEE Development Engineers India Lists at 67% Premium at Rs 339 per share on NSE!

26 June 2024

DEE Development Engineers Limited is an engineering firm specializing in customized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals, and other process sectors, debuted on the Indian stock market today. The stock of DEE Development Engineers India settled at Rs 325 per share on the BSE, representing an impressive …

Akme Fintrade India Lists at 6% Premium at Rs 127 per share on NSE!

Akme Fintrade India Lists at 6% Premium at Rs 127 per share on NSE!

26 June 2024

Akme Fintrade India Ltd is a non-banking financial company (NBFC) with more than two decades of expertise in lending to rural and semi-urban areas across India, debuted on the Indian stock market today. The stock of Akme Fintrade India settled at Rs 125.70 per share on the BSE, representing an impressive 4.75% premium over the …

Allied Blenders IPO Subscribed 0.20x on Day 1: Did You Subscribe?

Allied Blenders IPO Subscribed 0.20x on Day 1: Did You Subscribe?

25 June 2024

The Indian-made foreign liquor company Allied Blenders and Distillers Limited has opened its IPO to raise money from the public on June 25, 2024, and will close on June 27, 2024. Allied Blenders IPO is a book-built issue of ₹1,500.00 crore. The issue is a combination of a fresh issue of 3.56 crore shares aggregating …

Stanley Lifestyles Limited  IPO Subscribed 30.01x on Day 3

Stanley Lifestyles Limited IPO Subscribed 30.01x on Day 3

25 June 2024

The luxury furniture maker Stanley Lifestyles Limited’s IPO was closed on June 25, 2024. The allotment for the IPO is expected to be finalised on June 26, 2024. Stanley Lifestyles IPO will be listed on BSE and NSE, with a tentative listing date of June 28, 2024. Stanley Lifestyles IPO is a book-built issue of …

Allied Blenders and Distillers Ltd IPO Note

Allied Blenders and Distillers Ltd IPO Note

25 June 2024

Established in 1988, Allied Blenders and Distillers Ltd (ABD) has emerged as a significant force in the Indian-made foreign liquor (IMFL) market, renowned for its flagship brand, Officer’s Choice. With a robust portfolio comprising 16 brands across whisky, brandy, rum, and vodka, ABD holds a distinguished position as the largest exporter of IMFL in India. …

Stanley Lifestyles IPO Sees 5.25x Subscription on Day 2

Stanley Lifestyles IPO Sees 5.25x Subscription on Day 2

24 June 2024

On the second day of the bidding process, the Stanley Lifestyles Limited IPO was subscribed 5.25 times. The retail portion was subscribed to 6.22x, 0.71x in Qualified Institutional Buyers (QIB), and 9.02x in Non-Institutional Investors (NII). On the first day of subscription, the IPO was subscribed to 1.59x. QIBs subscribed 0.29x, NIIs subscribed 2.12x, and …

OLA Electric IPO: Faces Investor Pushback Due to Valuation Concerns

OLA Electric IPO: Faces Investor Pushback Due to Valuation Concerns

24 June 2024

Ola Electric Mobility,  a leading electric scooter manufacturer, is encountering hurdles as it gears up for its much-anticipated Initial Public Offering (IPO), primarily due to investor pushback regarding its valuation. Valuation Discrepancy Investors are expressing concerns over the targeted valuation for Ola Electric’s IPO. According to the reports, the initial feedback suggests a valuation of …

Stanley Lifestyles Limited  IPO Subscribed 0.49x on Day 1

Stanley Lifestyles Limited IPO Subscribed 0.49x on Day 1

21 June 2024

The ultra-luxury furniture maker Stanley Lifestyles Limited’s IPO opened for subscription on June 21, 2024 and will close on June 25, 2024. Stanley Lifestyles IPO is a book-built issue of ₹537.02 crore. The issue is a combination of a fresh issue of 0.54 crore shares aggregating to ₹200.00 crore and an offer for sale of …

Akme Fintrade India Ltd IPO  Subscribed 17.77x on Day 3

Akme Fintrade India Ltd IPO Subscribed 17.77x on Day 3

21 June 2024

Akme Fintrade India Ltd IPO (Aasaan Loans IPO) bidding process closed on June 21, 2024. The allotment for the Aasaan Loans IPO is expected to be finalised on June 24, 2024. Aasaan Loans IPO will be listed on BSE and NSE with a tentative listing date of June 26, 2024. Aasaan Loans IPO price band …

DEE Development Engineers Limited IPO was Subscribed 42.35x on Day 3

DEE Development Engineers Limited IPO was Subscribed 42.35x on Day 3

21 June 2024

DEE Development Engineers Limited IPO (DEE Piping Systems IPO) bidding process closed on June 21, 2024. The allotment for the DEE Piping Systems IPO is expected to be finalised on June 24, 2024. DEE Piping Systems IPO will be listed on BSE and NSE, with a tentative listing date of June 26, 2024. DEE Piping …

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