Dilip Davda: NSE IPO Marches Ahead, But Rights Issues Are the New Grey Area
The secondary market has disappointed everyone with four negative weeks in a row now. Last week again, the Nifty was down 278 points and the Sensex was down 749 points. That is a meaningful drawdown, and it is on expected lines given what has been happening globally. Iran’s exchange ofContinue Reading
Steamhouse India Ltd IPO: GMP, Review & What You Should Know
A Gujarat-based pioneer of India’s community-boiler steam model opens its Rs 414 crore mainboard issue on September 9 Steamhouse India Ltd (SHIL) operates a genuinely differentiated industrial-utility model — the generation and distribution of steam through its own pipeline network. The company and its promoters are pioneers of the community-boilerContinue Reading
LCC Projects Ltd IPO: GMP, What You Should Know & Review
A two-decade-old Ahmedabad-based irrigation and water-supply EPC contractor opens its Rs 427 crore mainboard issue on September 9 A multidisciplinary EPC company focused on irrigation and water-supply infrastructure plans to raise Rs 427.14 crore via a mainboard listing on BSE and NSE. LCC Projects Ltd is a multidisciplinary engineering,Continue Reading
Karamtara Engineering Ltd IPO: GMP, Review and What You Should Know
India’s largest integrated maker of solar mounting structures and tracker components opens its Rs 875 crore mainboard issue on September 9 Karamtara Engineering Ltd (KEL), a Mumbai-based, Tarapur-and-Kutch-manufacturing solar-and-transmission structural specialist incorporated in 1996, opens for subscription on September 9 with the issue closing on September 11. The firmContinue Reading
Infrax Renewable IPO Review: GMP Today, Price, Financials, Valuation
Infrax Renewable Ltd is coming out with a ₹40.88 crore fixed-price SME IPO at ₹104 per share. Infrax Renewable is an ISO 9001:2015-certified solar EPC company providing solutions for rooftop and ground-mounted solar projects. Its activities include project design, engineering, procurement, installation, testing, commissioning and operation and maintenance. The companyContinue Reading
Vinod Texworld IPO Review: GMP, Price, Financials and Should You Subscribe?
Vinod Texworld Ltd is coming out with a ₹42.83 crore fixed-price SME IPO at ₹94 per share. The Ahmedabad-based company is engaged in the processing, manufacturing and supply of cotton, polyester and blended fabrics, with operations covering greige-fabric sourcing, dyeing, printing and finished-fabric supply. The IPO opens for subscription onContinue Reading
Amtech Esters Ltd SME IPO: GMP, Review and What To Know
An Ahmedabad-based B2B manufacturer of unsaturated polyester resins and complementary products opens its Rs 17.88 crore BSE SME issue on September 9 Amtech Esters Ltd (AEL), a manufacturer of Unsaturated Polyester Resins (UPRs) and complementary products, is looking to raise Rs 17.88 crore through its maiden SME IPO and listContinue Reading
Rentomojo Ltd IPO: GMP, Review and What To Know
India’s largest organised furniture-and-appliance rental platform opens its Rs 1,255.6 crore mainboard issue on September 9 A digital-first, full-stack rental platform for furniture, appliances and household products plans to raise Rs 1,255.6 crore via a mainboard listing on BSE and NSE. Rentomojo Ltd operates a digital-first, full-stack rental platformContinue Reading
Asset Reconstruction Company (India) Ltd IPO: GMP & What To Know
India’s first-ever asset reconstruction company opens its Rs 732.97 crore mainboard issue on September 9 India’s pioneer in acquiring and resolving stressed assets from banks and financial institutions plans to raise Rs 732.97 crore via a mainboard listing on BSE and NSE. Asset Reconstruction Company (India) Ltd (ARCIL) operatesContinue Reading
Kanohar Electricals Ltd IPO: GMP, Review and What You Should Know
A five-decade-old Meerut-based transformer maker opens its Rs 1,055.74 crore mainboard issue on September 8 A leading domestic transformer manufacturer catering to power transmission, railways, renewables and distribution plans to raise Rs 1,055.74 crore via a mainboard listing on BSE and NSE. Kanohar Electricals Ltd (KEL), a Meerut, UttarContinue Reading
Manipal Payment & Identity Solutions Ltd IPO: GMP, What To Know
India’s dominant payment-card and secure-identity manufacturer opens its Rs 805 crore mainboard issue on September 9 A provider of payment, identification, secure and smart-tagging solutions to the BFSI and government segments plans to raise Rs 805 crore via a mainboard listing on BSE and NSE. Manipal Payment & IdentityContinue Reading