Craftsman Automation Ltd. raised Rs 823.70 crores from the market by selling 1,006,711 fresh shares totalling up to Rs 150 crores, and 4,521,450 offer for sales equity shares worth Rs 673.70 crores. The issue received 126 percent subscription on day two of the subscription period. Before the issue closes on March 17, 2021, let’s understand …
Market regulator SEBI has now brought in a policy to smoothen reconciliation among intermediaries in connection with IPOs. Another important move by SEBI pertains to addressing IPO investor grievances, especially those who use UPI (unified payment interface) for making payments. Further, SEBI has allowed the Paytm UPI handle for investors who wish to invest in …
IPOs are attractive options for investors who want to invest in the long term growth of a business. Does Kalyan Jewellers IPO, which hit the market today, qualify as a good option? Let’s take an in-depth look at the offer made by Kalyan Jewellers. Before we analyse the offer, here are the critical details that …
Mumbai-based gaming and sports media platform Nazara Technologies is hitting the markets with its Initial Public Offering (IPO) that begins on March 17th and closes on March 19th. The Nazara Technologies IPO plans to raise Rs 583 crore through the markets with its offer of 5.29 million equity shares at a face value of Rs 4. About …
It is going to be an eventful week as Dalal Street as the domestic equity market turns volatile with 6 primary market offerings hitting the street. These include the likes of Craftsman Automations, Anupam Rasayan, Laxmi Organics, Kalyan Jewellers, and Suryoday Small Finance Bank. In the grey market, unlisted shares for all 5 have been …
Among the much-awaited initial public offerings this month has been Nazara Technologies’ Rs 583-crore IPO. The Nazara Technologies IPO date for the opening of subscription is March 17; the closing date is March 19. The price band for the issue is fixed at Rs 1100-1101. Nazara Technologies IPO is the first pure-play gaming company in India to …
Leading jewellery chain Kalyan Jewellers floats its IPO shares in the price range of Rs 86-87, which will let issuers rake up Rs 1,175 crores at the upper price limit. The bidding window for the IPO opens on March 16, 2021, for two days, until March 18, 2021. The majority of the market experts advised …
The Suryoday Small Finance Bank IPO date has been announced; the bank will launch its initial public offering on March 17. The Rs 582.33-crore offering will close for subscription on March 19. The price band for the IPO is Rs 303-305 per share, while the face value of a share is Rs 10. The offer accounts …
With operations spanning over a decade, Suryoday Small Finance Bank has emerged as one of the leading financial institutions in the country. The small finance bank has one of the best net interest margins, return on asset, yield and deposit growth. In FY20, Suryoday Small Finance Bank had the lowest cost-to-income ratio among Indian SFBs. …
Suryoday Small Finance Bank’s IPO (initial public offering) will open this week on 17th March and close on 19th March. Suryoday small finance bank IPO price of issue will be between ₹303 to ₹305 per share. The bank’s IPO comprises a fresh issue of 81.50 lakh shares and an offer-for-sale (OFS) of up to 1.09 crore …
