Let’s take a look at some of the companies that are opening for subscription this week, along with few that are getting listed on the bourses. SBFC Finance IPO: The initial public offering (IPO) of non-banking finance company SBFC Finance will open for subscription on Thursday, August 3. SBFC FinanceRead More →
The ₹740 crore initial public offering (IPO) of Cyient DLM Limited which is a subsidiary of the IT firm Cyient will open for subscription on June 27 and close on June 30. In a BSE filing on June 20, Cyient said that the Draft Red Herring Prospectus (DRHP) was approvedRead More →
The largest IPO this year till date has been the Mankind Pharma IPO worth over ₹4,300 crore. A slew of companies have filed their draft prospectus indicating that the IPO market will pick up going ahead. Meanwhile, one mainboard IPO and one SME IPO are slated to be launched inRead More →
On Friday, Sensex closed at 62,501.69 up by 629.07 points or 1.02%. While Nifty 50 ended at 18,499.35 up by 178.20 points or 0.97%. Broad-based buying was seen across the indices. However, from May 22nd to 26th trading week, Sensex jumped by 588.13 points or 0.95%, on the contrary, NiftyRead More →
In the financial year 2022–23, 125 India’s small and medium enterprises (SMEs) raised ₹2,229 crore through an initial public offering (IPO), compared to 70 IPOs in 2021–22, which raised ₹965 crore, representing a YoY jump of 130% in terms of fundraising. SME raised this capital with 125 issues in theRead More →
Sancode Technologies Limited IPO: The initial public offering ((IPO) of Sancode Technologies Limited is opening on 31st March 2023 and it will remain open for bidding till 6th April 2023. the SME company aims to raise ₹5.15 crore from its public offer through issuance of 1,095,000 fresh shares of theRead More →
Initial public offerings (IPOs) are part of the primary market along with other issues such as preferential issues, bonus issues, and rights issues. However, for a new company to get listed and raise capital on stock exchanges then IPO is the route. There are two types of issues in theRead More →
IPO next week: Ahead of ushering in new year 2023, two initial public offerings (IPOs) proposed for listing on BSE and NSE are going to hit primary markets next week. Two IPOs that are going to open next week are Elin Electronics Ltd and KFin Technologies. Both companies together aimsRead More →
