Rajputana Biodiesel Ltd. was established in 2016 as an Indian company dedicated to producing biodiesel from raw materials like animal fat, cooking oil, and vegetable oil. Its primary objective is to promote renewable energy and reduce dependence on fossil fuels. The company generates high-quality biodiesel with a low carbon footprint that adheres to international standards. …
Chennai-based CIEL HR Services, known for its tech-driven human resource solutions, is ready for its IPO. The company has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through a mix of a Rs.335 crore fresh equity issue and an offer-for-sale (OFS) of 47.39 lakh shares by existing shareholders, including its promoters. …
Pune-based Belrise Industries, a positioned name in the automotive components industry, is setting itself up for an IPO worth Rs.2,150 crore. The company recently filed its draft papers with SEBI, laying out plans for a fresh issue of equity shares. With no offer-for-sale (OFS) component, the entire proceeds will directly support the company’s growth going …
Zinka Logistics Solutions Ltd., the parent company of digital trucking platform BlackBuck, is to list its shares on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on Friday, November 22, 2024, at 10 a.m. The IPO raised Rs.1,115 crore through a mix of fresh issue and offer-for-sale, marking a big achievement for …
Saatvik Green Energy began its solar photovoltaic module manufacturing in 2016 and has increased its annual installed capacity from 125 MW in FY17 to approximately 1.8 GW in FY24. The company currently runs two module manufacturing facilities in Ambala, Haryana, and is working on adding a third facility with a capacity of 2.0 GW, which …
The wastewater management firm plans to raise ₹650.43 crore, with ₹572.46 crore coming from the issuance of new shares. The book-built issue is set to list on the BSE and NSE. Here are the key details: IPO Structure and Reservations The offering will consist solely of fresh equity shares, with no existing shares being sold. …
NTPC Green Energy IPO witnessed increased interest from various investors, especially retail on Day 2. It is a book-built issue of ₹10,000.00 crore, which is entirely a fresh issue of 92.59 crore shares. NTPC Green Energy IPO allotment is expected to be finalised on November 25, 2024. NTPC Green Energy IPO price band has been …
JSW Cement, part of the diversified JSW Group, is planning to launch its Initial Public Offering (IPO) in January 2025, with a target raise of ₹4,000 crore. This was confirmed by Sajjan Jindal, the Chairman of JSW Group. SEBI Investigation and IPO Delay The Securities and Exchange Board of India (SEBI) had previously put the …
Asia Index Private Limited, a wholly-owned subsidiary of the Bombay Stock Exchange (BSE), has introduced the BSE Select IPO index, designed to measure the performance of newly listed companies on the BSE. The index will specifically track stocks that have entered the market through initial public offerings (IPOs) or via spin-offs and demergers. Inclusion Criteria …
2024 has been a remarkable year for the Indian stock market, with several Initial Public Offerings (IPOs) capturing the attention of investors. The most subscribed IPOs of 2024 reflect strong investor confidence and a booming market, with oversubscription rates far exceeding expectations. These IPOs have been particularly appealing due to their solid fundamentals, capable management, …
