NTPC Green Energy Ltd., a subsidiary of state-owned NTPC Ltd., has filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise Rs.10,000 crore ($1.2 billion). The entire issue will consist of new shares, with no offer-for-sale component from existing shareholders, according to the draft filing. IPO Highlights The IPO is …
On the last day, Western Carriers (India) IPO recorded growing interest from various categories of investors. Western Carriers (India) IPO is a book-built issue of ₹492.88 crores. The issue combines a fresh issue of 2.33 crore shares aggregating ₹400.00 crores and an offer for sale of 0.54 crore shares aggregating ₹92.88 crores. Western Carriers (India) …
Northern Arc Capital, a name in India’s financial services sector, is a company that focuses on areas like microfinance, MSME financing, and consumer finance. They’ve just announced their upcoming IPO, set to kick off on September 16 and run through September 19, 2024. The company aims to raise about Rs.777 crores, with a fresh issue …
On day 3, Arkade Developers’ IPO witnessed an increased subscription from retail and NIIs. Arkade Developers’ IPO is a book-built issue worth ₹410.00 crores. It is entirely a fresh issue of 3.2 crore shares. The Arkade Developers IPO price band is set at ₹121 to ₹128 per share. Day Wise Subscription On the first day …
Investing in Initial Public Offering (IPO) has always been a frenzy for investors in the Indian securities market, allowing them to reap the benefits of possible capital appreciation over the long term. IPO is the process where companies offer their shares to the general public for the very first time and raise funds. The companies …
The production and distribution of premium electrical equipment for a range of industries is the area of expertise for Quality Power Electrical Equipments Private Limited. The company has become a well-known brand in the industry by concentrating on offering dependable and effective products. Quality Power Electrical Equipment Private Limited is a private, unlisted business that …
Oswal Pumps, a company situated in Haryana approached SEBI recently, to raise Rs.1000 crores through an Initial Public Offering(IPO) based on their draft red herring prospectus(DRHP) which they have filed. This IPO will include a fresh issue of equity shares worth Rs.1000 crore and an Offer for Sale(OFS) of about 1.13 crore shares held by …
One of the leading housing finance companies in India, Bajaj Housing Finance Limited’s IPO opened for bidding on September 9, 2024, and will close on September 11, 2024. Bajaj Housing Finance IPO is a book-built issue of ₹6,560.00 crores. The issue is a combination of a fresh issue of 50.86 crore shares aggregating to ₹3,560.00 …
The Ather Energy scooter is not just a mode of transportation but also a statement of sustainability and innovation. With its electric drivetrain and state-of-the-art technology, it epitomizes the urban mobility of the future. Not only can riders reduce their carbon footprint, but they can also enjoy a smooth and quiet ride. The Ather Energy …
Shares of Gala Precision Engineering made a remarkable debut on the stock exchanges on Monday, September 9, with impressive gains that caught the attention of investors. The company’s shares were listed at Rs 750 on the BSE, reflecting a premium of 42% over the issue price of Rs 529. On the NSE, the shares were …
