The Aadhar Housing Finance IPO, backed by Blackstone, commenced its subscription today, May 8, with closure slated for May 10. Priced between ₹300 to ₹315 per share, the IPO aims to raise capital for expansion and strategic initiatives. Notably, it garnered ₹898 crore from anchor investors on May 7, showcasing strong initial interest. Investors can…
The much-awaited Initial Public Offering (IPO) of Indegene Limited is poised to enter the Indian primary market on Monday, breaking a notable trend of no IPO launches in May during the past four Lok Sabha Election cycles. Typically, the period from April to June witnesses subdued activity in primary markets due to election-related uncertainties. However,…
Vedanta shares embarked on a journey marked by a steady ascent, albeit interspersed with moments of consolidation. From the onset of the year until the middle of March, the trajectory of Vedanta’s stock price was characterized by a phase of base-building, indicating a period of stability and preparation for potential upward movement. However, the narrative…
As Bharti Hexacom Limited, the well-known proprietor of the “Airtel” brand, prepares for its highly anticipated initial public offering (IPO) listing on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), today is an important day in the fast-paced world of stock markets. The company’s potential for growth and profitability in the telecom…
Renowned infrastructure construction company SRM Contractors made headlines recently when it successfully went public on the stock market through an IPO. Road, bridge, and tunnel construction specialist SRM Contractors reached a major turning point in its development when it attracted an immense amount of investor interest with its initial public offering (IPO). Let us examine…
In one of the most anticipated initial public offerings (IPOs) of the year, Reddit Inc., the social media giant, is making moves to raise a whopping $748 million, sources familiar with the matter revealed. At an estimated price of $31 to $34 per share, the IPO is expected to be among the biggest of the…
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….
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…
