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Hyundai’s IPO Set to Break Records: India’s Second-Largest Car Manufacturer Plans Rs.25,000 Crore Offering

Hyundai’s IPO Set to Break Records: India’s Second-Largest Car Manufacturer Plans Rs.25,000 Crore Offering

14 August 2024

Hyundai Motor India Limited (HMIL), a Korean car manufacturer, is gearing up for a landmark initial public offering (IPO) in India. This IPO launch, potentially the biggest in the country’s history, involves selling approximately 17% of its stake in its Indian subsidiary. The IPO is expected to raise up to Rs.25,000 crore (around $3 billion), …

Inventurus Knowledge, Backed by Rekha Jhunjhunwala, Files for IPO

Inventurus Knowledge, Backed by Rekha Jhunjhunwala, Files for IPO

14 August 2024

Inventurus Knowledge Solutions Ltd is a cutting-edge healthcare technology provider and care enablement platform that specializes in supporting physician enterprises currently in the countires US, Canada, and Australia, with a primary focus on the US market. Our innovative IKS Care Enablement Platform is designed to alleviate the administrative, clinical, and operational burdens that often hamper …

Metalman Auto Set to Enter Capital Markets with IPO Filing

Metalman Auto Set to Enter Capital Markets with IPO Filing

13 August 2024

Introduction: The IPO Filing Metalman Auto Ltd., a prominent player in the Indian automotive sector, has officially filed its preliminary papers with the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). This strategic move marks a significant milestone for the company as it seeks to bolster its …

Cars24 Prepares for IPO, Targets India’s Expanding Used-Car Market

Cars24 Prepares for IPO, Targets India’s Expanding Used-Car Market

13 August 2024

Cars24, the Gurugram-based online used-car platform has announced that they are laying the groundwork for an Initial Public Offering (IPO) as it looks to capitalize on India’s rapidly growing used-car market. Co-Founder Gajendra Jangid shared that while there’s no specific timeline set for the IPO, the company is making steady progress toward this huge milestone. …

FirstCry Debuts with Double-Digit Gains, but Early Optimism Fades

FirstCry Debuts with Double-Digit Gains, but Early Optimism Fades

13 August 2024

The much-anticipated listing of Brainbees Solutions Ltd., the operator of the popular online platform FirstCry, made its stock market debut with impressive gains, only to see early optimism wane as trading progressed. On Tuesday, August 13, the company’s shares debuted at a 40% premium over its issue price of Rs 465 per share. The stock …

Interarch Building Products Set for IPO Launch On 19 August

Interarch Building Products Set for IPO Launch On 19 August

13 August 2024

Interarch Building Products Limited, a leading provider of turnkey pre-engineered steel construction solutions in India, is set to launch its Initial Public Offering (IPO) with a book-built issue size of Rs.600.29 crores. This IPO is a significant milestone for the company as it aims to expand its operational capabilities and strengthen its market position. IPO …

Saraswati Saree Depot IPO Subscription Reached 16.42x on Day 2

Saraswati Saree Depot IPO Subscription Reached 16.42x on Day 2

13 August 2024

The subscription for the Saraswati Saree Depot IPO reached 11.80x on the second day of bidding. The IPO combines a fresh issue of 0.65 crore shares aggregating ₹104.00 crores with an offer for sale of 0.35 crore shares aggregating ₹56.02 crores. Saraswati Saree Depot IPO price band has been set at ₹152 to ₹160 per …

Saraswati Saree Depot Limited IPO Opened: Subscription Reached 4.42x

Saraswati Saree Depot Limited IPO Opened: Subscription Reached 4.42x

12 August 2024

Saraswati Saree Depot Limited, a manufacturer and wholesale women’s apparel company, has opened its IPO to raise ~₹160 crore. Saraswati Saree Depot IPO is a book-built issue of ₹160.01 crores. The issue is a combination of a fresh issue of 0.65 crore shares aggregating to ₹104.00 crores and an offer for sale of 0.35 crore …

Unicommerce eSolutions IPO Subscribed 168.32x on Day 3

Unicommerce eSolutions IPO Subscribed 168.32x on Day 3

9 August 2024

The Unicommerce eSolutions IPO was closed on August 08, 2024, after a total subscription of 168.32x. The allotment for the Unicommerce eSolutions IPO is expected to be finalised on August 9, 2024. The Unicommerce eSolutions IPO will be listed on BSE and NSE with a tentative listing date of August 13, 2024. The Unicommerce eSolutions …

Firstcry IPO Subscription Hits 12.22x on Day 3

Firstcry IPO Subscription Hits 12.22x on Day 3

9 August 2024

Brainbees Solutions (Firstcry) Limited’s IPO opened for subscription on August 6, 2024, and will close on August 8, 2024. The IPO allotment is expected to be finalised on August 9, 2024. The shares are expected to be listed on August 13, 2024, on both the NSE and BSE. The Firstcry IPO is a book-built issue …

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