In a significant move for the aluminum industry, Novelis Inc., a global leader in sustainable aluminum solutions, has confidentially submitted a draft registration statement on Form F-1 with the Securities and Exchange Commission (SEC) for its proposed initial public offering (IPO) of common shares. This announcement marks a pivotal moment for Novelis as it prepares …
Juniper Hotels Limited, a luxury hotel development and ownership company IPO scheduled to commence on February 21. The offering will remain open for three days, concluding on February 23. Before applying for the IPO, let’s conduct a quick analysis. IPO details The total IPO issue size is Rs 1,800 crore, which is solely a fresh …
Vibhor Steel Tubes Limited has become a prominent player in the manufacturing, export, and supply of steel pipes and tubes for various heavy engineering industries in India, debuted on the Indian stock market today. The company’s stock opened at Rs 425 per share, indicating a significant premium of about 181% on NSE as compared to …
The IPO market is currently experiencing significant attraction among all market participants, driven by a substantial increase in the number of companies going public. Businesses from various sectors are choosing to raise capital through initial public offerings, garnering significant attention from investors. This week five public issues are set to debut on Dalal Street. The …
Entero Healthcare Solutions Limited is a distributor of healthcare products in India, debuted on the Indian stock market today. The company’s stock opened at Rs 1245 per share, reflecting a discount of 1.03% compared to the final issue price of Rs 1258 per share, on BSE. The market capitalisation of the company stands at Rs …
In India, listing companies in the primary market has become a new trend in the year 2023, with many companies choosing to go public. This trend continues in the current year as well. One of the latest IPOs closing today on the main board, namely Vibhor Steel Tubes which manufactures, exports, and supplies steel pipes …
Getting an IPO allotment can feel like winning the lottery these days. But fret not, aspiring investor! We have a technical analysis strategy that might just give you a fighting chance to enter your dream IPO. Buckle up, because we’re diving into the IPO Breakout Strategy. Step 1: Decoding the Dochain Channel Imagine a tunnel …
Amidst the dynamic landscape of India’s pharmaceutical industry, Akum Drugs and Pharma Ltd (Akum) stands poised to embark on a new chapter with its upcoming Initial Public Offering (IPO). As a leading pharmaceutical contract development and manufacturing organization (CDMO), Akum has carved a niche for itself by offering end-to-end product development and manufacturing solutions. This …
Rashi Peripherals Limited is a company that distributes global technology brands in India. They specialise in products related to ICT or Information and Communication Technology, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 335 per share, reflecting an impressive 7.7% premium compared to the final …
Jana Small Finance Bank Limited is a non-banking finance company primarily engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans, and gold loans, debuted on the Indian stock market today. The Jana Small Finance Bank stock opened at Rs 396 per share, reflecting a discount of …
