Bansal Wire Industries Limited specializes in manufacturing stainless steel wire, debuted on the Indian stock market today. The stock of Bansal Wire Industries settled at Rs 352.05 per share on the BSE, representing an impressive 37.52% premium over the final issue price of Rs 256 per share. Additionally, on the NSE, the company’s shares opened …
Emcure Pharmaceuticals Limited, an Indian firm, that specializes in the development, manufacturing, and worldwide distribution of a diverse range of pharmaceutical products spanning multiple key therapeutic categories, debuted on the Indian stock market today. The company’s stock settled at Rs 1325.05 per share on the BSE, representing an impressive 31.45% premium over the final issue …
Emcure Pharma’s successful debut impressed investors and analysts on the stock exchange, reflecting strong confidence in the company’s growth prospects and management team. The premium opening price of Rs. 1325.05 indicated strong demand for the stock, with investors eager to capitalize on Emcure Pharma’s potential in the pharmaceutical industry. This strong outlook for the stock …
South Korean automaker Hyundai Motor is looking to solidify its position in India’s booming car market, filing for a record-breaking initial public offering (IPO) of Rs 25,000 crore (approximately USD 3.5 billion). This comes amidst impressive sales figures for the first half of 2024, marking their highest ever at 272,207 units, a 2% increase year-on-year. …
Renewable energy company Acme Solar Holdings Limited has submitted the draft red herring prospectus (DRHP) to the market regulator SEBI to float an initial public offering (IPO) worth ₹3,000 crore. Acme Solar’s IPO comprises a fresh issue and an offer for sale. The company seeks to raise ₹2,000 crore from the fresh issue portion and …
The Bansal Wire IPO closed on July 05, 2024, after an increased subscription from investors. The allotment for the Bansal Wire IPO is expected to be finalised on July 8, 2024. The Bansal Wire IPO will be listed on BSE and NSE, with a tentative listing date of July 10, 2024. Bansal Wire appointed SBI …
Bansal Wire IPO witnessed an increased subscription from investors on the second day of bidding Bansal Wire IPO price band has been set at ₹243 to ₹256 per share. The minimum lot size for an application is 58 Shares. The minimum amount of investment required by retail investors is ₹14,848. Bansal Wire IPO offers 2,91,01,562 …
Today, on the second day of the bidding process, Emcure Pharmaceuticals Limited IPO was subscribed 4.98 times. The retail portion was subscribed to 3.50x, 0.97x in Qualified Institutional Buyers (QIB), 13.95x in Non-Institutional Investors (NII), and 4.84x in the employees category. On the first day, the IPO saw an overall subscription of 1.34 times. The …
Introduction The National Stock Exchange of India Ltd. (NSE) has announced a significant regulatory change aimed at standardizing the price discovery mechanism for Initial Public Offers (IPOs) on the SME platform. This article delves into the details of this new measure, its implications, both positive and negative, and the reasons behind its implementation. The New …
The stainless steel wire manufacturer Bansal Wire Industries Limited has opened its IPO to raise money from the general public. Bansal Wire IPO opened for subscription on July 3, 2024, and will close on July 5, 2024. Bansal Wire IPO is a book-built issue of ₹745.00 crores. The issue is entirely a fresh issue of …
