IPO - Angel One - Page 251

It is yet another major IPO launch news. This time state-owned warship builder, Mazagon Dock is looking at IPO route and may float their offer sometime in October. The government has expressed its plans to divest 10 to 15 percent of its stakes in the company via 2.3-3.3 crores equity share sale. According to news …

Flair Writing Industries has submitted the Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) with the objective of raising Rs 745 crore through an Initial Public Offer (IPO). Flair Writing Industries, a company with a long-standing presence and a proven history of expansion, has built a solid reputation in …

Senco Gold, a prominent Jewellery retailer, is listed with a premium of 36% at Rs 431 per share on BSE. On the NSE, the stock debuted at Rs 430, indicating an impressive increase of 36% compared to its final listing price of Rs 317. Currently, the stock is trading at Rs 418 on the BSE. …

Star Health’s IPO is scheduled to open on November 30, 2021. The applications will be accepted for three working days until 2nd December 2021. Being a bookbuild kind of an issue, it is being launched at a price band of between Rs 870 and 900. Today, the company disclosed details about the offering and said that …

ideaForge, a prominent drone manufacturer, is listed with a premium of 94.21% at Rs 1305.10 per share on BSE. On the NSE, the stock debuted at Rs 1,300, indicating an impressive increase of 93.45% compared to its initial public offering price of Rs 672. Currently, while writing this article the stock is trading at Rs …

National Securities Depository Limited (NSDL), a SEBI-registered market infrastructure institution (MII) that provides a comprehensive array of financial and securities market products and services in India, has submitted its Draft Red Herring Prospectus to the Securities and Exchange Board of India (SEBI).  The IPO will consist solely of an Offer for Sale, wherein up to …

Overview of the Business  Crayons Advertising Limited, founded in 1986, is an integrated marketing and communications agency. It was founded with the goal and aim of providing advertising solutions and has consistently grown its business horizons in the sector for over 36 years. They provide clients with design solutions that aid in brand creation along …

IPO stands for Initial Public Offering. It is the process through which a privately held company offers its shares to the public for the first time. In an IPO, the company issues new shares to investors, allowing them to become shareholders of the company. The number of companies that submitted offer documents to the SEBI …

Muthoot Microfin has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) in order to initiate its initial public offering (IPO). The company plans to raise Rs 1,350 crore through the sale of its initial stake. In 2018, the company had previously submitted draft documents. The proposed IPO …

On Wednesday, The Securities and Exchange Board of India (SEBI) slashed the period for listing of shares in public issue (IPO) from existing six (T+6) days to three (T+3) days, from the date of closure of the issue. “T” is the day the issue closes for the subscription.  According to the SEBI, the revised timeline …