IPO Details and Fund Utilisation Mumbai-based Karamtara Engineering has filed draft papers with SEBI, planning to raise ₹1,750 crore through an initial public offering (IPO). The offering will comprise a fresh issuance of equity shares worth ₹1,350 crore and an offer-for-sale (OFS) of ₹400 crore by its promoters, Tanveer Singh and Rajiv Singh, each selling …
Euro Pratik Sales Limited, a Mumbai-based leading supplier of decorative wall panels and premium laminates, has filed its Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise ₹730 crore via IPO. Euro Pratik IPO Details Euro Pratik’s IPO is entirely an offer-for-sale (OFS), with no fresh …
Gaudium IVF and Women Health, a New Delhi-based in vitro fertilisation (IVF) treatment provider, has filed draft papers with SEBI for an initial public offering (IPO). The funds raised will be utilised to support the company’s expansion plans, working capital needs, and the launch of FMCG products. IPO Details and Financial Performance Established in 2015 …
The integrated engineering solutions company, Vinir Engineering Limited has filed the draft red herring prospectus (DRHP) with the capital market regulator, the Securities and Exchange Board of India (SEBI) to float an IPO. This upcoming IPO is entirely an offer for sale (OFS) of up to 5.33 crore shars of face value of ₹2 each. The shares …
Kent RO Systems, a prominent name in water purifiers, has filed draft papers for an initial public offering (IPO) on January 22, 2025. With its founders and promoters collectively offloading a 10% stake, this marks a significant step for the company as it seeks to make its stock market debut. Details of the Offer for …
The Securities and Exchange Board of India (SEBI) is considering a new regulated trading mechanism for shares during the interim period between an initial public offering (IPO) closure and official listing. This initiative, called ‘when-listed’ securities trading, aims to replace unregulated grey market trading with a structured platform. Curbing Grey Market Activity Currently, a three-day …
Headquartered in Kolkata, India, Lumino Industries Limited stands as a distinguished manufacturer specialising in power transmission and distribution conductors. Renowned for its commitment to delivering premium-quality products and services, the company embodies a relentless pursuit of excellence. Lumino Industries Files for IPO Lumino Industries, an established EPC firm specialising in conductors, power cables, and turnkey …
EMA Partners IPO, one of the upcoming IPOs, allotment status is set for today, Wednesday, January 22, 2025. You can check the EMA Partners IPO allotment status on the registrar’s website, Bigshare Services Pvt Ltd, as well as on the NSE website. Successful bidders will have the shares credited to their demat accounts on Thursday, January …
The Securities and Exchange Board of India (SEBI) has approved 6 companies to proceed with their initial public offerings (IPOs). This development reflects the increasing dynamism of India’s capital markets, allowing companies to raise funds for their growth while providing diverse investment opportunities for the public. The approved IPOs span various industries, showcasing the strength …
Veritas Finance Limited has submitted its preliminary draft papers to the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The company’s draft red herring prospectus indicates that the proposed IPO could raise up to ₹2,800 crore. This upcoming IPO consists of a fresh issue of equity shares worth up …
