Quadrant Future Tek Limited’s IPO opened on January 7, 2025, and has already seen robust demand in the market. The IPO aims to raise ₹290 crore through a fully fresh issue, with a price band set at ₹275-₹290 per share. The subscription will remain open until January 9, 2025. Investor Response and Grey Market Buzz Anchor Investors: Before the public issue opened,...
Investcraft Market Updates
The Initial Public Offering (IPO) of Standard Glass Lining Technology Ltd saw an overwhelming response, getting fully subscribed within minutes of its launch on Monday. As per NSE data, the IPO received bids for 6.70 crore shares against the 2.08 crore shares on offer, reflecting a subscription rate of 3.22 times. The Retail Individual Investors (RIIs) category was oversubscribed 4.47 times, while...
The IPO of Parmeshwar Metal, a copper wire and rod manufacturer, opened for subscription on January 2, 2025, and has seen strong interest in the grey market. The issue, worth ₹24.74 crore, is entirely a fresh issue of 4.05 million shares priced in the range of ₹57-₹61 per share, with a minimum lot size of 2,000 shares. Grey Market Premium (GMP) Update Sources indicate that Parmeshwar Metal’s...
InvestCraft Market Outlook 2025 By - Alok Kumar , Chief Financial Advisor , Investcraft Market Overview: 2025 is shaping up to be a year of opportunity for investors. After a correction of about 10% from its recent highs, the market is now at an important crossroads. As we discussed in our Diwali market view, the 23,500-24,000 level on the Nifty 50 index is a key support zone, and this level is...
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...
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...