The FinTech Hub
Source: Live Mint Upcoming IPOs: Six major companies have now received approvals from the capital markets regulator, the Securities and Exchange Board of India (SEBI) to raise funds via initial public offerings (IPOs). According to SEBI’s update on Monday, January 20, the draft papers of Hexaware Technologies, PMEA Solar Tech Solutions, Scoda Tubes, Ajax Engineering,…
Source: Live Mint Billionbrains Garage Ventures Pvt. Ltd. has picked banks including JPMorgan Chase & Co. and Kotak Mahindra Bank Ltd. for a potential Mumbai initial public offering, according to people familiar with the matter. The company behind financial services platform Groww Invest Tech Pvt. Ltd. could proceed with an IPO this year, the people…
Source: Live Mint Laxmi Dental Limited’s initial public offering (IPO) is set to be listed on the domestic stock market indices on Monday, January 17. The IPO opened for subscription on Monday, January 13, and closed for public bidding on Wednesday, January 15. The IPO was subscribed 114.42 times by all three segments of investors…
Source: Live Mint The primary market will remain in action as five new initial public offering (IPOs) will opening for subscription next week, which includes one in mainboard and four in small and medium enterprise (SME). “The Indian IPO market witnessed a landmark year in 2024, with over 90 companies collectively raising a staggering ₹1.62…
Source: Live Mint Upcoming IPO: Chennai-based residential real estate developer Casagrand Premier Builder received market regulator Securities and Exchange Board of India’s (SEBI) nod to launch an initial public offer (IPO). The firm received final observations from SEBI on December 31, 2024, which in market parlance suggests approval for the IPO. Casagrand Premier Builder had…
Source: Live Mint Indobell Insulation IPO: The initial public offering (IPO) of Indobell Insulation has received a strong response from the public, with the issue getting fully subscribed on the first day of subscription itself on Monday, January 6. The ₹10.14 crore Indobell Insulation IPO is entirely a fresh issue of 22.05 lakh shares. The…
Source: Live Mint Delta Autocorp IPO: The initial public offering of Delta Autocorp, which kicked off for subscription on Tuesday, January 7, saw healthy investor interest, with the issue being fully subscribed within a few hours. Bids reached 94.63 lakh shares, compared to the available 27.36 lakh shares, resulting in a subscription rate of 3.46…
Source: Live Mint Following the momentum from last year, the IPO market has kicked off the new year robustly, with seven offerings lined up for the upcoming week. Furthermore, six companies are preparing to enter the market, having either completed their IPOs last week or expected to finish in the next few days. The year…
Source: Live Mint Companies like Rajputana Stainless Ltd, Caliber Mining and Logistics Ltd., and Regaal Resources Ltd. have filed their draft red herring prospectus with the Securities and Exchange Board of India (SEBI). The companies aim to raise funds from the Indian stock market to cater to their funding requirements. Take a look at the…
Source: Live Mint Indo Farm Equipment IPO Day 1 Live Updates: The initial public offering (IPO) of tractor manufacturer Indo Farm Equipment Ltd opens for subscription today, December 31, and will close on January 2. Indo Farm Equipment IPO price band has been set at ₹204 to ₹215 per share. At the upper-end of the…
