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IPO Corner

IPO Corner

 India Shelter had disbursed over Rs 5,500 crore in loans, helping families own, extend, or improve their homes as of November 30 2023.
Updated : Dec 08, 2023

India Shelter Finance Corp IPO to open on December 13; check price band & other details

India Shelter Finance Corporation is a housing finance player, which provides loans for house construction, extension, renovation and purchase of new homes or plots.

DOMS Industries has an exclusive tie-up with certain entities of the FILA Group for the distribution and marketing of their products in South Asia.
Updated : Dec 07, 2023

DOMS Industries IPO to open on December 13; price band, lot size & more

DOMS Industries is a stationery and art product company, primarily engaged in designing, developing, manufacturing, and selling a wide range of products.

In FY23, Lord’s Mark Industries reported revenue from operations of Rs 301 crore, marking a significant 41.31% growth compared to the previous fiscal year's revenue of Rs 213 crore
Updated : Dec 05, 2023

Lord’s Mark Industries aims to go public in 2024

In FY23, it reported revenue from operations of Rs 301 crore, a 41.31% YoY jump

 Doms is likely to make its debut at the bourses on Wednesday, December 20. Doms Industries IPO is going to be the first issue to open after new guidelines of Sebi for 'T+3' have been mandatory.
Updated : Dec 05, 2023

Upcoming IPO: Doms Industries' issue to open on December 13

Incorporated in 2006, DOMS Industries is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products.

Incorporated in 1987, Graphisads is an integrated marketing, advertising, and communications agency providing 360-degree solutions to its wide array of clients.
Updated : Dec 04, 2023

Graphisads IPO subscribed 1.45 times on Day 3 so far; issue closes on Tuesday

The company received bids for 70,06,800 equity shares against 44,12,400 equity shares offered for bidding as of 12.20 pm on Monday, December 4, 2023.

Founded by Shashank Navalurkar Dattatreya and Abhinav Lal in 2008, Practo is an online appointment booking and telemedicine platform.
Updated : Dec 03, 2023

Practo says it will be profitable by next fiscal, IPO also on cards: Report

"This year we will grow by a healthy growth margin... Our EBITDA would have improved dramatically from last year. We will be near break-even this year and next year we will be able to show significant profits," CEO Shashank ND said.

The capital market watchdog then said that the move is likely to benefit issuers who would receive securities listed in a shorter period.
Updated : Dec 01, 2023

IPOs to compulsorily have T+3 listing from today; funds to unblocked earlier

The Securities and Exchange Board of India (Sebi) had halved the IPO listing timeline to three days from six days earlier, in June this year.

Flair Writing makes stellar D-st debut; lists at 65% premium at Rs 503 on BSE
Updated : Dec 01, 2023

Flair Writing makes stellar D-st debut; lists at 65% premium at Rs 503 on BSE

Last heard, shares of Flair Writing Industries were commanding a premium of Rs 150-155 per share in the grey market, suggesting a listing pop of more than 50 per cent for the investors.

IREDA shares closed over 87% higher on their market debut. IREDA stock zoomed 87.5% to Rs 60 against the IPO price of Rs 32 on NSE.
Updated : Nov 30, 2023

IREDA shares zoom 115% from IPO issue price; log high turnover, volumes

IREDA shares rose 15% to Rs 68.91 against the previous close of Rs 59.99 on BSE. Market cap of IREDA rose to Rs 17,682 crore in early deals.

IREDA sold its IPO in the range of Rs 30-32 apiece with a lot size of 460 shares, which was open for bidding between November 21 and November 23.
Updated : Nov 28, 2023

IREDA IPO's grey market premium doubles; what to expect from listing?

IDBI Capital Markets, BoB Capital Markets and SBI Capital Markets are the book running lead managers to the issue, while Link Intime India is the registrar for the issue.

Graphisads has reserved 2,42,400 equity shares, amounting to Rs 2.69 crore as the market maker portion, which is Rikhav Securities for the company.
Updated : Nov 28, 2023

Graphisads IPO to open on November 30; check price band, lot size, other details

Incorporated in 1987, Graphisads is an integrated marketing, advertising, and communications agency providing 360-degree solutions to its wide array of clients.

 Tata Technologies, the Tata Group company, is commanding a grey market premium of Rs 410-420 per share, suggesting a listing pop of 82-84 per cent for the investors.
Updated : Nov 28, 2023

Tata Tech IPO allotment in next few hours, GMP stays firm; here's what to expect

Tata Technologies, sold its shares in the range of Rs 475-500 apiece with a lot size of 30 equity shares between November 22-24 to raise a total of Rs 3,042.51 crore.

Kronox exports to more than 20 countries including USA, United Kingdom, Mexico, Australia, Egypt and others. Its products are used in multiple industries for diversified uses.
Updated : Nov 28, 2023

Kronox Lab Sciences files draft papers with Sebi for IPO

Kronox has a high purity speciality fine chemicals portfolio with more than 185 products. It has served over 625 customers in the last five financial years.

Shein has been planning to go public for the last few years, but halted plans almost twice since then
Updated : Nov 28, 2023

Chinese fast-fashion retailer Shein files for US IPO; may go public in 2024

Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, and Shein could go public sometime in 2024.

ICICI Securities, BNP Paribas, Equirus Capital and JM Financial are the book running lead managers of the Fedbank Financial Services IPO.
Updated : Nov 27, 2023

Fedbank Financial Services IPO allotment status: Check application, latest GMP & listing date

Fedbank Financial Services sold its IPO in the range of Rs 133-140 apiece with a lot size of 107 shares, which was open for bidding between November 22 and November 24.

 Nuvama Wealth Management and Axis Limited are the lead managers of the Flair Writing IPO, while Link Intime India is the registrar for the issue.
Updated : Nov 27, 2023

Flair Writing IPO allotment status: Check application, latest GMP and listing date

Flair Writing Industries sold its IPO in the range of Rs 288-304 apiece with a lot size of 49 shares, which was open for bidding between November 22 and November 24.

ICICI Securities and Nuvama Wealth Management are the book running lead managers of the Gandhar Oil Refinery IPO, while Link Intime India is the registrar for the issue.
Updated : Nov 27, 2023

Gandhar Oil Refinery IPO Allotment Status: Check application, latest GMP and listing date

Gandhar Oil Refinery sold its IPO in the range of Rs 160-169 apiece with a lot size of 88 shares, which was open for bidding between November 22 and November 24.

Earlier this week, Sebi had expressed concerns about the number of IPOs hitting the market.
Updated : Nov 25, 2023

'Regulator should not intervene': Sebi chief Madhabi Puri Buch speaks on crowding of IPOs

This week, IPOs from five companies – Tata Technologies, IREDA, Gandhar Oil Refinery, Flair Writing Industries and Fedbank Financial Services opened for subscription.

 Tata Technologies, a subsidiary of Tata Motors, is basically a manufacturing-focused Engineering Research & Development (ER&D) company, with focus on the automotive industry.-16:9
Updated : Nov 25, 2023

Tata Tech finalises offer price at Rs 500 per share for Rs 3,042-crore IPO

The Tata Group's much-awaited IPO opened for subscription on November 22, 2023, for three days.

Tata Technologies has reserved some shares the eligible employees of the company and shareholders of Tata Motors Ltd, the promoter of the company.
Updated : Nov 25, 2023

Tata Tech IPO allotment status: Check application, latest GMP and listing date

Shares of Tata Technologies will be listed on both BSE and NSE on Thursday, November 30 as the upcoming week will observe a stock market holiday on Monday, November 27.

Flair Writing Industries is raising a total of Rs 593 crore via its initial stake sale in the fixed price band of Rs 288-304 per share in the lot size of 49 equity shares
Updated : Nov 24, 2023

Flair Writing IPO subscribed 14.9 times on Day 3 so far; issue closes today

Flair Writing Industries raised Rs 177.9 crore from anchor investors as the company allocated 58,51,972 equity shares at Rs 304 per share.

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