Tatva Chintan Pharma Chem Limited, a Gujarat-based Pharmaceuticals and Chemicals Company, is gearing up to launch its IPO. The Tatva Chintan Pharma IPO listing date has been finalised, and it will open on 16 July 2021 and close on 20 July 2021. The expected price band of this IPO is Rs. 1073 – Rs. 1083 per …
Tatva Chintan Pharma IPO has been opened to investors for subscription on 16 July 2021. It received a strong response right off the bat, especially from the retail investors. The shares allotted for the retail section were subscribed within two hours of the first bidding day. As of 5 pm, this specialty chemical manufacturing company’s …
A subsidiary of Glenmark Pharma, Glenmark Lifescience IPO, got fully subscribed within two hours of opening. The IPO received a strong response from all investors, especially the retail segment, who led the charge by oversubscribing on the first day. Glenmark Lifescience is the subsidiary of the listed Glenmark Pharmaceutical, manufacturers critical non-commoditized APIs for chronic …
The IPO bell rings for Rolex Rings, an auto component manufacturer based in Rajkot, Gujarat. They are among the top five forging companies in the country and global manufacturer and supplier of hot rolled forged, machined bearing rings, and automotive components for various vehicles, including two-wheelers and four-wheelers. After the stellar debut from the tech …
Exxaro Tiles Pvt. Ltd. IPO will hit D-street during the first week of August. It will be the first IPO from a ceramic tiles company in a decade. They have received the necessary SEBI approvals to float their offer through which they are trying to mobilize a fund of Rs 150-200 crores. Recently, IPOs have …
Established in 1956, the Life Insurance Corporation of India is the biggest state-run life insurer. Finance Minister Nirmala Sitharaman had announced the proposal to sell minority shares of LIC through IPO launch during the budget session of fiscal year 20-21. The Cabinet Committee on Economic Affairs (CCEA) has cleared a proposal for LIC IPO in a …
Investors continue to make bids for shares of Zomato on day 2 of the company’s initial public offering. As of 5pm on July 15 2021, the issue has been subscribed 4.79 times, receiving bids for 3,45,13,40,880 shares. Backed by Ant Group, Zomato is the first online food aggregator in India. Moreover, it is the first …
According to updates, the LIC of India is all set to create a database of policyholders who could be eligible for 10% of the reserved allotment issue in its upcoming IPO. This database will help avoid duplication among LIC’s policyholders. This move will offer policyholders the opportunity to become a shareholder of LIC of India. …
PayMate, a leading payment solutions firm backed by Visa and Lightbox, is planning to file a domestic initial public offering. With this move, it will join a clutch of tech firms heading towards an IPO. What’s happening? PayMate has started its preliminary discussions with investment banks for a prospective listing. If this plan pans out, …
Religare Enterprises is planning a Rs 2,000-crore initial public offer (IPO) for its subsidiary, Care Health Insurance, its health insurance concern. The IPO is expected to be launched towards the end of the current fiscal, according to news reports. Religare Enterprise is in talks with investment banks for the listing of shares. Tapping into the …
