IPOs - Angel One

An Overview of the Company Shyam Metalics and Energy earlier filed a draft red herring prospectus (or DRHP) in February 2021 with the Securities and Exchange Board of India (or SEBI) which has ultimately resulted in them gaining approval to launch an initial public offering (or IPO) amounting to a value of INR 1,107 Crores. …

An Overview of the Company Popular in Southern as well as Western India, Penna Cement has filed its second draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India. By doing so it hopes to launch an initial public offering (or IPO) amounting to INR 1,550 Crores. Penna Cement IPO is …

An Overview of the Company Supriya Lifescience, a Mumbai-based pharmaceutical company, has filed a draft red herring prospectus (DRHP) with capital markets regulator SEBI in order to launch an initial public offering (IPO). The firm intends to raise Rs. 1,200 crores from the primary sector. The IPO consists of a fresh issue of shares worth …

An Overview of the Company Krsnaa Diagnostics, a diagnostics firm based in Pune, has filed a draft red herring prospectus with market regulator SEBI in order to launch an initial primary offering (IPO). The company may use the primary market to raise up to Rs. 1,200 crores. Krsnaa Diagnostics’ IPO Details According to the DRHP, …

As India battles the second wave of Covid-19 infections, the stock market has largely stayed resilient. In the first fortnight of May alone, as many as ten companies have filed their prospectus with SEBI in a bid to raise a combined amount of Rs 20,000 crore. Nirma group cement firm Nuvoco Vistas Corporation Ltd, filed …

Overview of the company As bourses continue to operate at lifetime highs, companies are looking to tap into liquidity flushed markets and secure high valuations for their IPOs. A number of Quick Service Restaurant IPOs have been knocking at the market regulator SEBI’s door looking to raise easy money from the market. In December last …

Overview of the company: The company is a retail focused housing finance lender that zeroes in on customers  from low and middle income brackets in rural and semi-urban areas. Aptus Value Housing Finance India limited, a Chennai-based company is looking to raise anywhere between Rs 2,600 crore to Rs 3,000 crore via its IPO. The …

GoAir Ready To Land at Dalal Street The travel industry has recently reached a snag as a result of the pandemic. Several firms have only recently bounced back and entered the stock market to list themselves publicly amidst the gradually normalising business activities. Several investors have shown interest in GoAir’s proposed initial public offering (IPO). …

The IPO season is in full swing and a new company is all set to list its shares on the bourses. Sona Comstar, an auto component manufacturer, has received approval from the market regulator SEBI to raise Rs 6,000 crore via an initial share sale. The IPO will see the company raising funds by fresh …

Introduction Medi Assist – a company known for the administrative health insurance facilities they provide has just submitted a draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India. This decision to go public was governed by their desire to generate approximately INR 840 crore in the form of an initial …