DAM Capital Ltd. has set the price band for its ₹840 crore Initial Public Offer (IPO) between ₹269 and ₹283 per share. DAM Capital IPO will open for subscription on Thursday, November 19, and will close on Monday, December 23. This 3-day offering will be a complete Offer For Sale (OFS) of 2.96 crore shares, …
India’s primary market is set to see significant activity with 9 initial public offerings (IPOs)—6 from the mainboard and 3 from the SME segment—scheduled for the week of December 16 to December 20. In this article, we will explore the key information on the upcoming IPOs this week Upcoming Mainboard IPOs 1.Mamata Machinery IPO Issue …
The year 2024 was a blockbuster for IPO enthusiasts, with companies across industries delivering exceptional listing gains. Investors reaped significant rewards from Vibhor Steel Tubes’ staggering 181% debut to Bajaj Housing Finance’s stellar 150.71% gain. Premier Energies and BLS E-Services also stood out in terms of strong market performances. Let’s dive into the top IPOs …
Bluestone Jewellery and Lifestyle, backed by prominent investors such as Accel, Peak XV Partners, and Sunil Kant Munjal, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on December 11, 2024, signalling its intent to go public. IPO Structure & Fund Utilisation The IPO will consist of a …
Transrail Lighting, a Mumbai-based engineering, procurement, and construction (EPC) company, is set to launch its initial public offering (IPO) on December 19, with subscriptions closing on December 23. The anchor book will open a day earlier, on December 18. Transrail Lighting IPO comprises a fresh issue of equity shares worth ₹400 crore and an offer-for-sale …
The Securities Appellate Tribunal (SAT) has granted an interim stay on the Securities and Exchange Board of India’s (SEBI) order against Trafiksol ITS Technologies. On December 3, SEBI made an unprecedented decision, instructing Trafiksol ITS Technologies to refund the money paid by investors for subscribing to the company’s Initial Public Offering (IPO). SEBI also directed …
The International Gemmological Institute (IGI) IPO, one of the upcoming IPOs in India, will open for subscription on December 13, 2024, and close on December 17, 2024. The IPO is a book-built offering valued at ₹4,225.00 crores, comprising a fresh issue of 3.54 crore shares worth ₹1,475.00 crores and an offer for sale of 6.59 crore shares …
The initial public offering (IPO) of Blackstone-backed International Gemmological Institute (IGI) India Ltd. is set to launch on December 13, 2024, and will remain open for subscription until December 17, 2024. The IPO comprises a fresh issue of shares worth ₹1,475 crore and an offer for sale (OFS) worth ₹2,750 crore, making the total issue …
Travel Food Services Limited (TFS), a major name in the airport travel quick-service restaurant (Travel QSR) and lounge space, has taken its first step toward going public. The company has filed its Draft Red Herring Prospectus (DRHP) with SEBI, aiming to raise ₹2,000 crore through an initial public offering (IPO). What’s in the IPO? The …
The much-awaited IPO of Inventurus Knowledge Solutions Ltd will be open for subscription from December 12, 2024, to December 16, 2024, with shares set to list on December 19, 2024. The price band has been fixed between ₹1,265 and ₹1,329 per share, with a lot size of 11 shares, requiring a minimum investment of approximately …
