The FinTech Hub
Source: Live Mint Upcoming IPO: Anya Polytech & Fertilizers Limited has received NSE approval for its Draft Red Herring Prospectus (DRHP) to launch its SME IPO. The company plans an IPO to issue up to 3,20,00,000 equity shares with a face value of ₹2 each. The net proceeds of the upcoming IPO will be used…
Source: Live Mint The market regulator has proposed to at least double the minimum subscription amount for initial public offerings of small and medium enterprises as participation of retail investors in these offers has been rising. The regulator proposed increasing the minimum application size for SME IPOs from ₹1 lakh to ₹2 lakh, according to…
Source: Live Mint Onyx Biotec IPO allotment: The allotment of Onyx Biotec’s initial public offering (IPO) will be finalised soon, after overwhelming interest and robust subscriptions for the share sale issue. The SME IPO, valued at ₹29.34 crore, opened for bidding on November 13 and closed on November 18. The price band was set in…
Source: Live Mint The Indian stock market is set to witness significant market activity this week with the listing of Zinka Logistics Solutions, Neelam Linen and Garments, Mangal Compusolution, and Onyx Biotech. Starting Tuesday, November 19, the market will also see the opening of one mainboard IPO and two small and medium enterprise (SME) IPOs…
Source: Live Mint The Indian primary market is poised to witness significant market activity related to the listing of much-awaited initial public offerings (IPOs) like Swiggy, Sagility India, ACME Solar Holdings, and Niva Bupa Health Insurance. The markets will also witness the opening of one mainboard IPO and two small and medium enterprise (SME) IPOs…
Source: Live Mint SME IPO: C2C Advanced Systems, a technology firm, has received in-principle approval from the National Stock Exchange (NSE) for its draft red herring prospectus (DRHP) to launch an SME initial public offering (IPO). The company’s IPO consists of a fresh issue of up to 43,62,865 equity shares, each with a face value…
Source: Live Mint Kataria Industries, listed on the NSE SME platform, has delivered remarkable returns to its investors as it has become a multibagger stock just three months after its market debut. The stock, which was listed at a significant 90 per cent premium in July 2024, has soared 116 per cent to reach ₹207.20…
Source: Live Mint SME IPO: Usha Financial Services’ initial public offering (IPO) opened for subscription on Thursday, October 24. The three-day public offer will conclude on Monday, October 28. The issue has already been subscribed 50% within an hour of opening, suggesting strong interest from investors. Usha Financial Services IPO price band is fixed at…
Source: Live Mint The NSE SME-listed stock Blue Pebble Limited has provided impressive returns to its investors, becoming a multibagger just six months since its market debut. The stock, which debuted at an 18 per cent premium in April 2024, has soared 126 per cent as of today over its IPO price of ₹168. The…
Source: Live Mint Lakshya Powertech IPO: The initial public offering (IPO) of power generation firm Lakshya Powertech Limited opened in the Indian primary market on Wednesday, October 16. The IPO, available for subscription until Friday, October 18, has seen strong demand, with nearly 20 times oversubscription within the first two hours of its launch. The…
