BoAt postpones IPO plan The Mumbai-based D2C electronics brand boAt, operating under its parent company Imagine Marketing Ltd., has withdrawn its listing plans citing market conditions being “choppy”. The company had earlier filed its Draft Red Herring Prospectus (DRHP) with the SEBI on 26th January 2022 in order to raise around ₹2000 cr through an …
Among the awaited IPOs to be launched in June 2021 is that of Kolkata-based Shyam Metalics and Energy Ltd (SMEL). The initial public offer (IPO) of the company will open on June 14 at a size of Rs 909 crore. The three-day IPO’s issue closes on June 16. The bidding for anchor investors is set …
It will be an action-packed week ahead for the primary market as Hyderabad-based Dodla Dairy Limited gets set to launch its Rs 520-crore initial public offering (IPO) on June 16. The IPO will close on June 18 and the price band is between Rs 421 and Rs 428 per share. The dairy company’s IPO marks …
NTPC’s Recent Strategy The state-run NTPC plans to IPO its renewable energy unit, NTPC Renewable Energy Ltd, to generate funding to meet its ambitious aim of 60 GW installed renewable energy capacity by 2032. As part of the UN High-Level Dialogue on Energy, NTPC has become India’s first energy firm to declare its energy compact …
Clean Science and Technology Ltd. is a top India-based chemical manufacturer known for producing pharmaceutical intermediates, performance, and FMCG chemicals. At present, it has two manufacturing units in Karkumbh, Maharashtra. The company exports its goods to various overseas markets, registering 69% of its revenues through exports in 2020. The IPO of Clean Science and Technology …
The Securities and Exchange Board of India approved IPO applications through UPI back in 2019. It was done to reduce the period between closing an IPO and listing security from 6 days to 3 days. Per data released by NPCI (National Payments Corporation of India), banks have received over 19 lakhs IPO mandates in June …
December seems to be another action-packed month for IPOs, as several big ones get ready to launch. Metro Brands, a famous footwear retailer in India, has announced more of its IPO details. Those keen to subscribe to this company’s initial public offering may look at the details provided here before making a decision. So, let’s …
An Overview According to the company’s draft red herring prospectus (DRHP) filed with the capital markets regulator, ‘ixigo’ plans to raise Rs 750 crore through a primary fundraise and Rs 850 crore through an offer for sale (OFS) from current investors as part of its first public offering. On Thursday evening, the DRHP for the …
The Mumbai-based firm Paras Defence and Space Technologies Ltd. will open for public subscription on 21 September 2021. The initial public offer will comprise a new issue of equity shares and an OFS and will conclude on 23 September 2021. Here’s more about this upcoming initial public offering. Paras Defence and Space Technologies – In …
Windlas Biotech IPO has been subscribed over 22.47 times and is finalising is allotment on 11 August. Shares of Windlas Biotech were trading at Rs. 540 each in the grey market. This would be roughly 17% higher than the issue price band of Rs. 448-460. The company does not have any listed peers as of …
