The initial public offering (IPO) of Coal India subsidiary — Central Mine Planning & Design Institute — is set to hit Dalal Street this week, raising hopes of a turnaround in the primary market sentiment. The investor interest in the Mini Ratna PSU stock’s IPO is clearly evident by the gray market activity. According to…
The IPO market is gearing up for another busy week, with three companies set to launch their initial public offerings (IPOs) for public subscription. The upcoming issues include two mainboard offerings, and one from the SME segment. Besides the new public issues, the primary market will also see four new companies making their stock market…
Upcoming IPO: Gujarat-based Om Power Transmission, a power transmission infrastructure engineering, procurement, and construction (EPC) company, has received approval from the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO). Om Power Transmission Ltd.’s IPO is a book-built issue of 1 crore equity shares, consisting of a fresh issue of…
Upcoming IPOs: The buzz in the primary market is all set to continue as four new initial public offerings (IPOs) are all set to open for subscription this week. Among the mainboard issues, the Rajputana Stainless IPO and Innovision IPO will open for bidding in the coming week. Meanwhile, in the SME segment, the Apsis…
India’s capital markets regulator, SEBI, has approved Bonbloc Technologies, Milestone Gears, and Eastman Auto, clearing the way for these companies to raise funds through public offerings, which is expected to further expand the size of the Indian stock market. Following this initial step of receiving SEBI approval, the companies will release their Red Herring Prospectuses…
The primary market is all set to witness a busy week ahead with nine new initial public offerings (IPOs) scheduled to open next week. Among nine new public issues, four mainboard IPOs will hit the primary market, collectively raising over ₹Rs 4,173 crore. Among SME issues, five new issues will open for bidding in the…
Upcoming IPO: The initial public offering (IPO) of Shree Ram Twistex, a manufacturer of cotton yarns, is set to open for bidding on Monday, February 23, and will remain available to investors until Wednesday, February 25. It aims to raise ₹110.24 crore through this IPO, which is entirely a fresh issue of 1.06 crore shares….
The primary market will witness a slowdown as only one mainboard and two small and medium enterprise (SME) IPOs are scheduled to open in the coming week. Among the mainboard issues, Gaudium IVF & Women Health IPO will open for subscription. Meanwhile, Fractal Industries IPO and Yashtej Industries (India) Ltd. IPO will open for bidding…
PNGS Reva Diamond IPO: The primary market action is showing signs of revival as another mainboard initial public offering (IPO) is gearing up to hit Dalal Street following the closure of Aye Finance and Fractal Analytics IPOs this week. PNGS Reva Diamond IPO, worth ₹380 crore, is entirely a fresh share sale of 0.98 crore…
Upcoming IPOs: After a brief pause, the buzz in the primary market will regain momentum as three new initial public offerings (IPOs) are opening for subscription in the coming week. Aye Finance IPO, Fractal Analytics IPO are among the mainboard public issues to open next week. Meanwhile, in the SME segment, Marushika Technology IPO will…
