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
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
Prasol Chemicals Ltd IPO: GMP, Review & What You Should Know
A three-decade-old Maharashtra specialty-chemicals maker opens its Rs 500 crore mainboard issue on September 8 A forward-integrated manufacturer of acetone- and phosphorus-based specialty chemicals plans to raise Rs 500 crore via a mainboard listing on BSE and NSE. Prasol Chemicals Ltd, incorporated in 1992 and operating two large-scale facilities inContinue Reading
Glass Wall Systems (India) Ltd IPO: GMP, What You Should Know and Review
A Mumbai-based, two-decade-old façade and fenestration leader opens its Rs 427.89 crore mainboard issue on September 8 A premium façade solutions and fenestration provider operating in India and across the USA and Australia plans to raise Rs 427.89 crore via a mainboard listing on BSE and NSE. Glass WallContinue Reading
Apana Logistics Ltd SME IPO: What You Should Know
A three-decade-old Kolkata-based container-handling and transportation logistics provider opens its Rs 34.14 crore BSE SME issue on September 7 Apana Logistics Ltd (ALL) operates in container-handling and transportation logistics — the physical machinery of India’s EXIM (export-import) supply chain. Its diversified service offering spans container handling at Container FreightContinue Reading
Pranav Constructions Ltd IPO: GMP & What You Should Know
A Mumbai-based specialist in Western-Suburbs housing-society redevelopment opens its Rs 351.03 crore mainboard issue on September 7 A leading redeveloper of completed and under-construction MCGM redevelopment projects plans to raise Rs 351.03 crore via a mainboard listing on BSE and NSE. Pranav Constructions Ltd (PCL), a Mumbai-headquartered pure-play redevelopment specialistContinue Reading
Qualiance International Ltd SME IPO: GMP, Review and What You Should Know
A two-decade-old Tiruppur maker of performance and defence garments for European government buyers opens its Rs 45.11 crore NSE SME issue on September 4 A designer, engineer, manufacturer and exporter of performance garments for international institutional, government and brand clients plans to raise Rs 45.11 crore via an SMEContinue Reading
Rays of Belief Ltd IPO: GMP, What You Should Know
A New Delhi-based “for-profit social enterprise” behind the Mom’s Belief brand opens its Rs 125 crore mainboard issue on September 1 A for-profit social enterprise providing intervention plans for children with neurodevelopmental disorders plans to raise Rs 125 crore via a mainboard listing on BSE and NSE. Rays ofContinue Reading
Fly-Hi Maritime Travels Ltd SME IPO: What You Should Know
A niche Mumbai-operated maritime crew-travel manager opens its Rs 52.63 crore BSE SME issue on September 1 A specialised company managing end-to-end travel arrangements for the crew of commercial shipping companies plans to raise Rs 52.63 crore via a fixed-price SME listing on BSE SME. Fly-Hi Maritime Travels LtdContinue Reading
Farm Peace Ltd SME IPO: What You Should Know
A Gujarat-based integrated contract-farming company specialising in processing-grade potatoes opens its Rs 32 crore BSE SME issue on September 1 An integrated contract-farming company specialising in processed-grade potato varieties plans to raise Rs 32 crore via a fixed-price SME listing on BSE SME. Farm Peace Ltd (FPL), a Gujarat-based agri-supplyContinue Reading