Nelsoft, a Pune-based company, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of ₹1,000 crore and an offer for sale (OFS) of up to 8 million shares by existing promoters …
Unimech Aerospace IPO allotment is scheduled for December 27, 2024. This follows the completion of the IPO subscription, which raised ₹500 crore. The issue saw an overwhelming response with a subscription rate of 174.93 times. Unimech Aerospace and Manufacturing Ltd’s IPO witnessed massive demand, especially on the final day of bidding. Investors placed bids for …
Sri Lotus Developers Limited submitted its Draft Red Herring Prospectus (DRHP) to the market regulator, the Securities and Exchange Board of India (SEBI) on Thursday, December 26, 2024. Monarch Networth Capital Limited and Motilal Oswal Investment Advisors Limited are acting as the book-running lead managers for the Sri Lotus Developers IPO. KFin Technologies Limited has …
Senores Pharmaceuticals IPO allotment is likely to be finalised today, December 26, 2024, meaning shares will be allotted to successful bidders. This follows a robust subscription of 93.41 times on the final day of bidding on December 24, 2024. The ₹582.11 crore IPO received an overwhelming response, with investors bidding for 79.72 crore shares, despite …
Ventive Hospitality IPO, one of the upcoming IPOs, allotment status is set for today, December 26, 2024. You can check the allotment status on the registrar’s website, Kfin Technologies Limited, as well as on the NSE and BSE websites. Successful bidders can expect the shares to be credited to their demat accounts on Friday, December 27. …
Mangal Electrical Industries Limited (MEIL), established in 1990, is an ISO 9001:2015 certified company specializing in the manufacturing of transformer components and accessories. With over 50 years of industry experience, MEIL has become a leading supplier of CRGO (Cold Rolled Grain Oriented) products and transformers in India. About IPO Mangal Electrical Industries aims to raise …
The allotment of shares for the Sanathan Textiles IPO is scheduled for today, December 24, 2024. Successful bidders will receive their shares today. The Sanathan Textiles IPO was subscribed 80 times till the last day of subscription. IPO Details of Sanathan Textiles IPO The IPO had a lot size of 46 shares, requiring a minimum investment of …
Transrail Lighting IPO, one of the upcoming IPO, will announce the allotment of shares for its ₹839 crore Initial Public Offering (IPO) today, December 24. The 3-day IPO, which ran from December 19 to December 23, received a strong response, with an overall subscription of 81 times. After the allotment is finalised, investors can check …
Jajoo Rashmi Refractories, a manufacturer of ferro alloys and refractory materials, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) to raise ₹150 crore through an Initial Public Offering (IPO). The company operates primarily in the ferro alloys and refractory products sectors. Jajoo Rashmi Refractories IPO Details The proposed IPO consists …
The Mamta Machinery IPO allotment is scheduled for today, December 24, 2024, meaning that successful bidders will receive their shares today. This comes after an impressive subscription rate of 194.95 times on the final day of bidding, December 23. The ₹179.38 crore IPO, which opened for bidding on December 19 and closed on December 23, …
