Indo Farm Equipment IPO details: Grey Market Premium (GMP): Shares of Indo Farm Equipment Limited are trading at a premium of ₹82 in the grey market today. IPO Price Band: The company has set the IPO price range at ₹204 to ₹215 per share. IPO Dates: The IPO opens today and will close on 2 January 2025. IPO Size: The company plans to raise ₹260.15 crore through this IPO, with ₹184.90...
December 2024
Despite recent regulatory scrutiny, the BSE SME IPO index outperformed almost all benchmarks globally in 2024, delivering an impressive 135% return. This remarkable performance eclipsed Bitcoin's 121% gain and far exceeded the returns of major global equity indices like the Nasdaq (31%), S&P 500 (25%), and Dow Jones (14%). European indices showed mixed results, with Germany’s DAX rising 13% and...
The Unimech Aerospace IPO is a book-built issue valued at ₹500 crores. It comprises a fresh issue of 0.32 crore shares worth ₹250 crores and an offer for sale of 0.32 crore shares, also totaling ₹250 crores. The IPO bidding window opened on December 23, 2024, and closed on December 26, 2024. The share allotment is expected to be finalized on Friday, December 27, 2024. The company plans to list its...
Senores Pharmaceuticals IPO Update The IPO for Senores Pharmaceuticals Limited opened on December 20, 2024, and will close today, December 24, 2024, at 5:00 PM. Investors have just one day left to bid. Subscription Status The IPO has received a strong response, with the issue subscribed 18.99 times overall by 11:00 AM on Day 3. The retail segment was oversubscribed 47.96 times, non-institutional...
Rising gold prices have prompted Indian families to choose lightweight and lower-carat jewelry to stay within their budgets, according to industry experts. "I planned to gift my daughter 80 grams of gold but had to reduce it to 50 grams due to the price increase over the past two years," said Shubhangi More from Mumbai, who selected a traditional necklace for her daughter's wedding. Gold...
Mamata Machinery Ltd, a Gujarat-based manufacturer of packaging machinery, launched its initial public offering (IPO) on Thursday, December 19. The subscription window remains open until December 23, with a price band set between ₹230 and ₹243 per share. Ahead of the IPO, the company raised ₹53.56 crore from anchor investors by allotting 22.04 lakh shares to seven investment funds at the upper price...
The ₹179.39 crore Initial Public Offering (IPO) of Mamata Machinery begins today, Thursday, December 19, and will remain open for bidding until Monday, December 23. The company is offering its shares at a price range of ₹230-243 each, with a minimum application of 61 equity shares and in multiples thereafter. Company Overview Established in April 1979, Ahmedabad-based Mamata Machinery specializes...
The companies set to be listed this December are outlined below: Company Name Open Date Closing Date IPO Type IPO Size (₹ Cr.) Price Band (₹) Unimech Aerospace 23 Dec 26 Dec Mainboard 500 745 to 785 Carraro India 20 Dec 24 Dec Mainboard 1,250.00 668 to 704 Senores Pharmaceuticals 20 Dec 24 Dec Mainboard 582.11 372 to 391 Ventive Hospitality 20 Dec 24...
December is on track to record the highest number of IPOs in nearly 17 years, with 15 companies collectively raising approximately ₹24,950 crore this month. This marks the busiest IPO period since February 2007, which saw 18 offerings. The ₹24,950 crore raised this month makes December the third-best month of 2024 for IPO fundraising, following October (₹38,689 crore from six IPOs) and November...
Ventive Hospitality IPO Details: Price Band: ₹610-₹643 per share (face value Re 1). Subscription Dates: December 20-24, 2024. Anchor Investor Allocation: December 19. Lot Size: 23 shares and multiples thereof. Investor Allocation: QIBs: 75%, NIIs: 15%, Retail: 10%, Employees: ₹10 million reserved. Key Dates: Allotment Finalization: December 26 Refunds/Share...