In a significant development in the financial markets, Mukka Proteins Ltd has opened its Initial Public Offering (IPO) for subscription today, Thursday, February 29, with the subscription period set to close on Monday, March 4. The company successfully garnered ₹67.20 crores from anchor investors on Wednesday, February 28, allocating 2,39,99,565 equity shares to them. Mukka…
Tata Group is preparing to list its subsidiary, Tata Passenger Electric Mobility Ltd (TPEM), in an initial public offering (IPO) valued at $1–2 billion, with the goal of capitalizing on its investments in the electric vehicle (EV) industry. This action demonstrates the conglomerate’s dedication to profiting from the expanding EV market, per a BusinessLine report….
The subscription period for the GPT Healthcare IPO began on Thursday, February 22, and it ends today, Monday, February 26. On the second day, the retail portion was fully booked, but the overall subscription numbers were not able to reach 100%. On day two, 85% of subscribers to the GPT Healthcare IPO were active. The…
GPT Healthcare Ltd IPO: The first public offering (IPO) of GPT Healthcare Ltd. will be for equity shares valued at Rs 10 apiece. With an IPO price range of Rs 177–Rs 186 per equity share, the total issue size at the upper price band is Rs 525.14 crore. The initial public offering (IPO) is slated…
Vibhor Steel Tubes’ shares debuted on the exchanges on Tuesday, February 20, with an 181% premium, following a strong response. With a premium of 178.8%, the stock was listed on the BSE at ₹421, compared to an offer price of ₹151. In the meantime, the stock is trading at ₹425 on the NSE, a premium…
Tata Group of companies launched their first IPO of TCS on 29-July-2004. The size of the IPO was Rs. 4713.47 Cr. And after two decades in 2023, Tata launched their another IPO which was of Tata Technologies. The total size of Tata Technologies IPO was Rs. 3,042.51 Cr. Now after the huge opening of Tata…
Vibhor Steel Tubes IPO: On the first day of bidding, investors responded remarkably well to Vibhor Steel Tubes’ ₹72 crore initial public offering (IPO), with subscriptions reaching 27.63 times. When the bidding opened on February 13, offers for 9.92 crore shares were received, out of the 35.92 lakh shares that were available. The IPO is scheduled…
Alpex Solar IPO: On Thursday, February 8, investors responded favorably to Alpex Solar Limited’s initial public offering , as the public issue was subscribed 30.85 times on the first day of bidding. Alpex Solar Limited is a small- and medium-sized enterprise (SME). On February 8, 2024, the Alpex Solar IPO went live for subscriptions, and…
Jana Small Finance Bank IPO: The book building IPO’s price band is ₹393 to ₹414 per share, while the Jana Small Finance Bank IPO’s stock has a face value of ₹10 per share. The IPO of Jana Small Finance Bank will consist of both an offer for sale (OFS) and a new share issuance. Although…
Monday, February 5 Apeejay Surrendra Park Hotels IPO opened, and it will close on Wednesday, February 7. Retail and non-institutional investors gave the Park IPO’s second day of sales outstanding responses, resulting in an oversubscribed offer. The subscription status for the Apeejay Surrendra Park Hotels IPO on day one was 2.53 times. The initial public offering…
