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Kiaasa Retail files preliminary papers with BSE`s SME platform to raise funds through IPO Kiaasa Retail has filed its preliminary papers with BSE's SME platform to raise funds through an Initial Public Offering (IPO). The IPO is entirely a fresh issue of up to 55 lakh equity shares. Proceeds from the issue will be used for expansion of the company's retail footprint across Tier II and Tier III cities, enhancement of its omni-channel and digital presence and working capital requirements and general corporate purposes. Expert Global Consultants is the sole book running le...
Kiaasa Retail files preliminary papers with BSE`s SME platform to raise funds through IPO
Kiaasa Retail files preliminary papers with BSE`s SME platform to raise funds through IPO
Source: Accord Fintech
2025-07-14 04:36:17 pm
ICICI Prudential AMC files preliminary papers with SEBI for IPO ICICI Prudential Asset Management Company (AMC), a subsidiary of ICICI Bank, has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to seek approval to launch an initial public offering (IPO). The proposed IPO comprises an offer for sale (OFS) of 1.76 crore equity shares by promoter -- UK-based Prudential Corporation Holdings, with no fresh issue component. Since the issue is entirely an OFS, the company will not receive any capital from the ...
ICICI Prudential AMC files preliminary papers with SEBI for IPO
ICICI Prudential AMC files preliminary papers with SEBI for IPO
Source: Accord Fintech
2025-07-10 05:08:59 pm
India`s ICICI Prudential Asset files for IPO ICICI Prudential Asset Management Company, India's second-largest mutual fund manager by assets, has filed for an IPO comprising an offer for sale of up to 17.7 million shares, draft papers filed late on Tuesday showed. The firm is a joint venture between Indian private lender ICICI Bank, which holds a 51% stake, and British insurer Prudential, which owns the remaining 49%. The IPO will consist of an offer for sale of up to 10% of ICICI Prudential Asset Management Company's equi...
India`s ICICI Prudential Asset files for IPO
India`s ICICI Prudential Asset files for IPO
Source: Reuters
2025-07-09 11:42:16 am
Asston Pharmaceuticals coming with IPO to raise Rs 27.56 crore Asston Pharmaceuticals * Asston Pharmaceuticals is coming out with an initial public offering (IPO) of 22,41,000 equity shares in a price band Rs 115-123 per equity share. * The issue will open on July 9, 2025 and will close on July 11, 2025. * The shares will be listed on SME Platform of BSE. * The face value of the share is Rs 10 and is priced 11.50 times of its face value on the lower side and 12.30 times on the higher side. * Book running lead manager to the issue is Sobhag...
Asston Pharmaceuticals coming with IPO to raise Rs 27.56 crore
Asston Pharmaceuticals coming with IPO to raise Rs 27.56 crore
Source: Accord Fintech
2025-07-08 04:42:53 pm
Smartworks Coworking Spaces Ltd. IPO to open on July 10, 2025; Price Band is fixed at Rs.387 to Rs.407 per Equity Share Smartworks Coworking Spaces Limited (“Smartworks” or “The Company”), proposes to open the Bid / Offer Period in relation to its initial public offer of the Equity Shares (“Offer”) on Thursday, July 10, 2025. The Total Offer Size comprises a fresh issue of number of Equity Shares by the Company aggregating up to  Rs.4,450 million  (the “Fresh Issue”) and offer for sale of up to 3,379,740 Equity Shares (&ldquo...
Smartworks Coworking Spaces Ltd. IPO to open on July 10, 2025; Price Band is fixed at Rs.387 to Rs.407 per Equity Share
Smartworks Coworking Spaces Ltd. IPO to open on July 10, 2025; Price Band is fixed at Rs.387 to Rs.407 per Equity Share
Source: PR Agency
2025-07-07 05:43:02 pm
GLEN Industries coming with IPO to raise Rs 63 crore GLEN Industries * GLEN Industries is coming out with an initial public offering (IPO) of 64,96,800 equity shares in a price band Rs 92-97 per equity share. * The issue will open on July 8, 2025 and will close on July 10, 2025. * The shares will be listed on SME Platform of BSE. * The face value of the share is Rs 10 and is priced 9.20 times of its face value on the lower side and 9.70 times on the higher side. * Book running lead manager to the issue is GYR Capital Advisors. ...
GLEN Industries coming with IPO to raise Rs 63 crore
GLEN Industries coming with IPO to raise Rs 63 crore
Source: Accord Fintech
2025-07-07 03:20:04 pm
Speciality Chemicals Company Safex Chemicals files DRHP for IPO Safex Chemicals (India) Limited, a specialty chemicals company with a focus on agrochemicals, with a presence across the agrochemical value chain, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The IPO, with a face value of Rs.1, is a mix of fresh issue of shares up to Rs 450 crore and an offer-for-sale up to 35,734,818 equity shares by promoters, inve...
Speciality Chemicals Company Safex Chemicals files DRHP for IPO
Speciality Chemicals Company Safex Chemicals files DRHP for IPO
Source: PR Agency
2025-07-07 11:41:14 am
Mainboard IPOs made a strong comeback in May, signal renewed strength in Indian markets India’s capital markets saw a fresh wave of momentum in May 2025, with the mainboard IPO segment bouncing back after a two-month pause, NSE’s Market Pulse data showed on Friday.  Backed by improving macroeconomic conditions and strong investor participation, this revival highlights the resilience of Indian markets amid global uncertainties. Three mainboard IPOs were launched in May, collectively raising over Rs 5,600 crore. Each public issue had an average size of aroun...
Mainboard IPOs made a strong comeback in May, signal renewed strength in Indian markets
Mainboard IPOs made a strong comeback in May, signal renewed strength in Indian markets
Source: IANS
2025-07-04 06:01:58 pm
Travel Food Services coming with IPO to raise upto Rs 2106 crore Travel Food Services   Travel Food Services is coming out with a 100% book building; initial public offering (IPO) of 1,91,42,985 shares of Rs 1 each in a price band Rs 1045-1100 per equity share. Not more than 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not less than 15% of the issue will be available for the non-institutional bidders and the remaining 35% for the retail investors. The issue will op...
Travel Food Services coming with IPO to raise upto Rs 2106 crore
Travel Food Services coming with IPO to raise upto Rs 2106 crore
Source: Accord Fintech
2025-07-04 12:51:17 pm
IPO-bound Manika Plastech`s revenue falls over 9 pc in FY24, total income drops 7.6 pc Manika Plastech Limited, which recently filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO), reported a decline of more than 9 per cent in its revenue for the financial year ended March 31, 2024 (FY24).  The company’s revenue from operations stood at Rs 360.7 crore in FY24, down from Rs 396.5 crore recorded in FY23, according to the DRHP. Following suit, the company's total income fell 7...
IPO-bound Manika Plastech`s revenue falls over 9 pc in FY24, total income drops 7.6 pc
IPO-bound Manika Plastech`s revenue falls over 9 pc in FY24, total income drops 7.6 pc
Source: IANS
2025-07-03 05:54:55 pm
Meta Infotech coming with IPO to raise Rs 80 crore Meta Infotech   Meta Infotech is coming out with an initial public offering (IPO) of 49,80,000 equity shares in a price band Rs 153-161 per equity share. The issue will open on July 4, 2025 and will close on July 8, 2025. The shares will be listed on SME Platform of BSE. The face value of the share is Rs 10 and is priced 15.30 times of its face value on the lower side and 16.10 times on the higher side. Book running lead manager to the issue is HEM Securities. Complian...
Meta Infotech coming with IPO to raise Rs 80 crore
Meta Infotech coming with IPO to raise Rs 80 crore
Source: Accord Fintech
2025-07-03 02:13:58 pm
Fourfront files preliminary papers with BSE`s SME platform to mobilise funds via IPO Fourfront has filed preliminary papers with BSE's SME platform to mobilise funds through an initial public offering (IPO). The IPO is entirely a fresh issue of up to 65 lakh fresh equity shares with a face value of Rs 10 each with no offer-for-sale component. The shares of the company will be listed on the BSE's SME platform. Proceeds from the fresh issue will be used towards part-financing for establishing a new manufacturing facility in Pune, funding incremental working capital r...
Fourfront files preliminary papers with BSE`s SME platform to mobilise funds via IPO
Fourfront files preliminary papers with BSE`s SME platform to mobilise funds via IPO
Source: Accord Fintech
2025-07-03 02:09:34 pm
Cryogenic OGS coming with IPO to raise Rs 17.77 crore Cryogenic OGS   Cryogenic OGS is coming out with an initial public offering (IPO) of 37,80,000 equity shares in a price band Rs 44-47 per equity share. The issue will open on July 3, 2025 and will close on July 7, 2025. The shares will be listed on SME Platform of BSE. The face value of the share is Rs 10 and is priced 4.40 times of its face value on the lower side and 4.70 times on the higher side. Book running lead manager to the issue is Beeline Capital Advisors. Co...
Cryogenic OGS coming with IPO to raise Rs 17.77 crore
Cryogenic OGS coming with IPO to raise Rs 17.77 crore
Source: Accord Fintech
2025-07-02 03:06:28 pm
Hero Motors files DRHP for Rs 1,200 crore IPO Hero Motors has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,200 crore through an initial public offering (IPO). The IPO is a combination of a fresh issue of equity shares worth Rs 800 crore and an offer-for-sale (OFS) of shares worth Rs 400 crore by promoters. In August 2024, Hero Motors filed preliminary papers with SEBI to raise Rs 900 crore through an initial share sale. Later in October, the company withdr...
Hero Motors files DRHP for Rs 1,200 crore IPO
Hero Motors files DRHP for Rs 1,200 crore IPO
Source: Accord Fintech
2025-07-02 03:02:14 pm
Happy Square Outsourcing coming with IPO to raise Rs 24.25 crore Happy Square Outsourcing Services   Happy Square Outsourcing Services is coming out with an initial public offering (IPO) of 31,90,400 equity shares in a price band Rs 72-76 per equity share. The issue will open on July 3, 2025 and will close on July 7, 2025. The shares will be listed on SME Platform of NSE. The face value of the share is Rs 10 and is priced 7.20 times of its face value on the lower side and 7.60 times on the higher side. Book running lead manager to the...
Happy Square Outsourcing coming with IPO to raise Rs 24.25 crore
Happy Square Outsourcing coming with IPO to raise Rs 24.25 crore
Source: Accord Fintech
2025-07-01 02:49:40 pm
Juniper Green Energy files preliminary papers with SEBI to raise Rs 3,000 crore through IPO Juniper Green Energy has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to mobilise Rs 3,000 crore through an initial public offering (IPO).  Proceeds from the fresh issue to the extent of Rs 1,157.7 crore will be used to invest in its material subsidiaries -- Juniper Green Gamma One, Juniper Green Three, Juniper Green Field, and Juniper Green Beam -- as well as other subsidiaries Juniper Green Kite and Juniper Green Ray Two, for ...
Juniper Green Energy files preliminary papers with SEBI to raise Rs 3,000 crore through IPO
Juniper Green Energy files preliminary papers with SEBI to raise Rs 3,000 crore through IPO
Source: Accord Fintech
2025-06-30 03:43:22 pm
IPO Report : JSW Cement Ltd By Emkay Global Financial Services Ltd Same palette, different strokes Cement is a homogeneous commodity and its key input material is clinker. JSW Cement (JSWCL) adopts an unconventional route by using blast furnace slag, sourced from its group companies (primarily JSW Steel), in manufacturing ground granulated blast furnace slag (GGBS). Per industry sources, GGBS enjoys higher margins vs normal gray cement, thereby providing cashflow/margin stability during a volatile gray cement pricing scenario. Lower capex requirements hel...
IPO Report : JSW Cement Ltd By Emkay Global Financial Services Ltd
IPO Report : JSW Cement Ltd By Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
2025-06-29 11:39:38 am
IPO-bound Rajputana Stainless` revenue drops nearly 4 pc to Rs 909.8 crore in FY24 Rajputana Stainless Limited which filed paper for an IPO comprising 2.09 crore equity shares through a book-building process has reported a decline of approximately 3.99 per cent in revenue in FY24.  The company’s revenue from operations stood at Rs 909.8 crore in FY24, down from Rs 947.67 crore in FY23, according to its Draft Red Herring Prospectus (DRHP). Total income also slipped by around 3.7 per cent to Rs 915.5 crore in FY24, compared to Rs 950.69 crore in the previous ...
IPO-bound Rajputana Stainless` revenue drops nearly 4 pc to Rs 909.8 crore in FY24
IPO-bound Rajputana Stainless` revenue drops nearly 4 pc to Rs 909.8 crore in FY24
Source: IANS
2025-06-27 04:34:48 pm
Marc Loire Fashions coming with IPO to raise Rs 21 crore Marc Loire Fashions   Marc Loire Fashions is coming out with an initial public offering (IPO) of 21,00,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 100 per equity share. The issue will open on June 30, 2025 and will close on July 02, 2025. The shares will be listed on SME Platform of BSE. The share is priced at 10 times higher to its face value of Rs 10. Book running lead manager to the issue is Finshore Management Services. Compliance ...
Marc Loire Fashions coming with IPO to raise Rs 21 crore
Marc Loire Fashions coming with IPO to raise Rs 21 crore
Source: Accord Fintech
2025-06-27 04:23:30 pm
HDB Financial IPO: Early investors stare at up to 52 pc loss even before listing HDB Financial Services’ initial public offering (IPO), once seen as a golden opportunity by early backers, has turned into a disappointment for pre-IPO investors.  The Rs 12,500 crore public issue has been priced in the range of Rs 700 to Rs 740 per share -- significantly lower than expectations and recent grey market levels. According to reports, the company’s unlisted shares were trading at around Rs 1,225 just days before the IPO announcement. Many investors who e...
HDB Financial IPO: Early investors stare at up to 52 pc loss even before listing
HDB Financial IPO: Early investors stare at up to 52 pc loss even before listing
Source: IANS
2025-06-26 02:25:17 pm
HDB Financial IPO leaves early investors facing big losses The upcoming IPO of HDB Financial Services, worth Rs 12,500 crore, is turning out to be a worrying event for many early investors.  According to the latest Red Herring Prospectus (RHP) filed on June 19, over 49,000 individual shareholders may suffer notional losses of up to 48 per cent. As of June 19, the company had 49,553 individual shareholders. These investors had bought HDB shares in earlier private transactions at prices ranging from Rs 1,200 to Rs 1,350 per share. But ...
HDB Financial IPO leaves early investors facing big losses
HDB Financial IPO leaves early investors facing big losses
Source: IANS
2025-06-21 09:51:05 am
IPO-bound Arisinfra`s net loss widens to Rs 17.3 crore, revenue drops nearly 7 pc in FY24 Arisinfra Solutions Limited, a company that provides procurement solutions for infrastructure and construction firms, is launching its initial public offering (IPO) on June 18 to raise nearly Rs 500 crore from the primary market.   However, the company is entering the market at a time when its financial performance has shown signs of stress. According to its draft red herring prospectus (DRHP), in the financial year 2023-24 (FY24), Arisinfra Solutions posted a net loss of Rs 17.3 cror...
IPO-bound Arisinfra`s net loss widens to Rs 17.3 crore, revenue drops nearly 7 pc in FY24
IPO-bound Arisinfra`s net loss widens to Rs 17.3 crore, revenue drops nearly 7 pc in FY24
Source: IANS
2025-06-18 09:21:55 am
IPO-bound Waterways Leisure Tourism swings to Rs 120 crore loss in FY24, revenue slides IPO-bound Cordelia Cruises operator Waterways Leisure Tourism has reported a sharp reversal in its financial performance for the financial year ended March 31, 2024 (FY24) as the company posted a net loss of Rs 119.9 crore, compared to a profit of Rs 55.3 crore in previous fiscal (FY23).  The significant decline comes ahead of its planned Initial Public Offering (IPO) worth Rs 727 crore. According to its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Boa...
IPO-bound Waterways Leisure Tourism swings to Rs 120 crore loss in FY24, revenue slides
IPO-bound Waterways Leisure Tourism swings to Rs 120 crore loss in FY24, revenue slides
Source: IANS
2025-06-16 04:53:08 pm
Waterways Leisure Tourism files DRHP for Rs 727 crore IPO Waterways Leisure Tourism has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise Rs 727 crore through an initial public offering (IPO). The IPO is entirely a fresh issue of shares with no offer-for-sale component. Proceeds from the fresh issue to the extent of Rs 552.53 crore will be used for payment towards deposit or advanced lease rental and monthly lease payments for its step-down subsidiary, Baycruise Shipping and...
Waterways Leisure Tourism files DRHP for Rs 727 crore IPO
Waterways Leisure Tourism files DRHP for Rs 727 crore IPO
Source: Accord Fintech
2025-06-16 04:38:24 pm
IPO-bound Mangal Electrical`s net profit falls 15 pc in FY24 as expenses rise, shows DRHP Jaipur-based Mangal Electrical Industries has received final approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO) worth Rs 450 crore.  While the IPO marks a major step forward for the company’s future expansion, its financial details for FY24 reveal a challenging year with rising costs and falling profits. As per the draft red herring prospectus (DRHP) filed with SEBI, Mangal Electrical’s net profit dropped by aroun...
IPO-bound Mangal Electrical`s net profit falls 15 pc in FY24 as expenses rise, shows DRHP
IPO-bound Mangal Electrical`s net profit falls 15 pc in FY24 as expenses rise, shows DRHP
Source: IANS
2025-06-12 05:33:37 pm
Kent RO gets SEBI nod for IPO, DRHP shows mixed financial performance over years Kent RO Systems, a water purifier company, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO).  While this marks an important milestone for the company, its financials tell a mixed story with some concerns. Kent RO’s latest financial data reveals a strong profit jump in FY24, but this comes after a sharp fall in the previous fiscal (FY23). The company had posted a profit of Rs 166.5 crore for the year en...
Kent RO gets SEBI nod for IPO, DRHP shows mixed financial performance over years
Kent RO gets SEBI nod for IPO, DRHP shows mixed financial performance over years
Source: IANS
2025-06-12 05:18:13 pm
Karamtara Engineering gets Sebi`s nod to raise Rs 1750 crore via IPO Karamtara Engineering has received the Securities and Exchange Board of India’s (SEBI's) approval to raise Rs 1750 crore through an initial public offering (IPO).  The proposed IPO is a combination of a fresh issue of shares valued at Rs 1,350 crore and an offer for sale (OFS) of shares worth Rs 400 crore by promoters. Proceeds of the fresh issue to the tune of Rs 1,050 crore will be used towards payment of debt and a portion will be utilised for general corporate purposes.&...
Karamtara Engineering gets Sebi`s nod to raise Rs 1750 crore via IPO
Karamtara Engineering gets Sebi`s nod to raise Rs 1750 crore via IPO
Source: Accord Fintech
2025-06-12 04:49:10 pm
Mangal Electrical Industries gets Sebi`s nod to raise Rs 450 crore via IPO The Indian stock markets witnessed a sharp fall on Thursday after a volatile trading session, as weak global cues and rising tensions between the US and Iran weighed on investor sentiment.  The Sensex dropped by 823.16 points, or 1 per cent, to close at 81,691.98 after slipping to an intra-day low of 81,523.16. The Nifty fell below the psychological 25,000 mark and ended at 24,888.20, down by 253.20 points or 1.01 per cent. Among the 30 Sensex stocks, Tata Motors, Titan, Power G...
Mangal Electrical Industries gets Sebi`s nod to raise Rs 450 crore via IPO
Mangal Electrical Industries gets Sebi`s nod to raise Rs 450 crore via IPO
Source: Accord Fintech
2025-06-12 04:46:42 pm
Sacheerome coming with IPO to raise Rs 61.62 crore Sacheerome * Sacheerome is coming out with an initial public offering (IPO) of 60,40,800 equity shares in a price band Rs 96-102 per equity share. * The issue will open on June 9, 2025 and will close on June 11, 2025. * The shares will be listed on SME Platform of NSE. * The face value of the share is Rs 10 and is priced 9.60 times of its face value on the lower side and 10.20 times on the higher side. * Book running lead manager to the issue is GYR Capital Advisors. * Compl...
Sacheerome coming with IPO to raise Rs 61.62 crore
Sacheerome coming with IPO to raise Rs 61.62 crore
Source: Accord Fintech
2025-06-05 03:49:49 pm
Aequs pre-files IPO papers via confidential filing route Aequs has pre-filed a Draft Red Herring Prospectus (DRHP) for an initial public offering (IPO) on a confidential basis with Securities and Exchange Board of India (SEBI) and stock exchanges.  The company is planning to launch an IPO worth $200 million. To manage the offering, the company has appointed Kotak Mahindra Capital, JM Financial and IIFL Capital. Aequs provides a fully vertically integrated, precision manufacturing ecosystem for the aerospace and consumer sectors.  
Aequs pre-files IPO papers via confidential filing route
Aequs pre-files IPO papers via confidential filing route
Source: Accord Fintech
2025-06-03 04:11:15 pm
Bharat Coking Coal files DRHP with SEBI Bharat Coking Coal (BCCL), a wholly-owned subsidiary of Coal India (CIL), has filed its draft red herring prospectus (DRHP) with capital market regulator Securities and Exchange Board of India (SEBI). The DRHP, pertains to an offer for sale (OFS) of up to 46.57 crore equity shares by Coal India. The IPO remains subject to receipt of necessary approvals, market conditions, and other considerations.  The proposed IPO of BCCL is part of the government’s broader divestment strategy ...
Bharat Coking Coal files DRHP with SEBI
Bharat Coking Coal files DRHP with SEBI
Source: Accord Fintech
2025-06-02 05:05:23 pm
Vipul Organics reports 46 pc sequential drop in Q4 net profit Vipul Organics Limited, a specialty chemicals company listed on the BSE, has reported a sharp 45.69 per cent decline in its net profit on a quarter-on-quarter (QoQ) basis for the fourth quarter of FY 2024-25.  The Mumbai-based company posted a net profit of Rs 0.78 crore in Q4, down from Rs 1.44 crore in the previous quarter (Q3), according to its stock exchange filing. However, revenue from operations rose to Rs 44.08 crore in Q4, up from Rs 41.4 crore in Q3, marking a sequential ...
Vipul Organics reports 46 pc sequential drop in Q4 net profit
Vipul Organics reports 46 pc sequential drop in Q4 net profit
Source: IANS
2025-05-31 02:04:32 pm
India`s forex reserves rise by $6.99 billion to cross $692.7 billion India's foreign exchange reserves recorded a robust increase of $6.99 billion to $692.72 billion for the week ended May 23, according to RBI’s weekly data released on Friday. Foreign currency assets, a major component of the reserves, surged by $4.52 billion to $586.17 billion, the figures showed.  There was also a sharp increase in the value of the gold reserves component of the reserves which went up by $2.37 billion to $83.58 billion during the week, according to the RBI ...
India`s forex reserves rise by $6.99 billion to cross $692.7 billion
India`s forex reserves rise by $6.99 billion to cross $692.7 billion
Source: IANS
2025-05-31 09:20:56 am
India`s markets regulator greenlights Hero Fincorp`s $430 million IPO India's markets regulator on Wednesday approved Hero Fincorp's initial public offering, according to a notification on its website. BY THE NUMBERS The IPO of the financial arm of two-wheeler maker Hero MotoCorp is valued at 36.68 billion rupees (about $430 million). It consists of a fresh issue of shares worth 21 billion rupees and shareholders will sell stocks worth 15.68 billion rupees, as per the prospectus. WHY IT'S IMPORTANT Hero Fincorp's IPO comes at a ti...
India`s markets regulator greenlights Hero Fincorp`s $430 million IPO
India`s markets regulator greenlights Hero Fincorp`s $430 million IPO
Source: reuters
2025-05-28 06:07:47 pm
Sugs Lloyd get BSE SME's clearance to float IPO Sugs Lloyd has received in-principal approval from the BSE SME exchange to raise funds through an Initial Public Offering (IPO). The IPO is entirely a fresh issue of up to 59 lakh equity shares with a face value of Rs 10 each. The company aims to raise approximately Rs 85.4 crore through the book-building route.  The proceeds from the fresh issue will be utilised by the company for working capital requirements, to support business expansion, and for general corporate purposes. 3Dimens...
Sugs Lloyd get BSE SME's clearance to float IPO
Sugs Lloyd get BSE SME's clearance to float IPO
Source: Accord Fintech
2025-05-28 04:29:15 pm
Prostarm Info Systems coming with IPO to raise upto Rs 168.00 crore Prostarm Info Systems    Prostarm Info Systems is coming out with a 100% book building; initial public offering (IPO) of 1,60,00,000 shares of Rs 10 each in a price band Rs 95-105 per equity share. Not more than 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not less than 15% of the issue will be available for the non-institutional bidders and the remaining 35% for the retail investors. The issue w...
Prostarm Info Systems coming with IPO to raise upto Rs 168.00 crore
Prostarm Info Systems coming with IPO to raise upto Rs 168.00 crore
Source: Accord Fintech
2025-05-23 04:07:35 pm
Aegis Vopak Terminals coming with IPO to raise upto Rs 2951 crore Aegis Vopak Terminals   Aegis Vopak Terminals is coming out with a 100% book building; initial public offering (IPO) of 12,55,60,538 shares of Rs 10 each in a price band Rs 223-235 per equity share. Not more than 75% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not less than 15% of the issue will be available for the non-institutional bidders and the remaining 10% for the retail investors. The issue will ...
Aegis Vopak Terminals coming with IPO to raise upto Rs 2951 crore
Aegis Vopak Terminals coming with IPO to raise upto Rs 2951 crore
Source: Accord Fintech
2025-05-23 04:05:04 pm
Nearly 90 firms file draft papers for IPOs in 1st five months of 2025 Despite ongoing global market volatility, nearly 90 companies have submitted draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (SEBI) between January and May 2025, signalling continued interest in going public.  Data from the SEBI website reveals that January saw the highest activity, with 28 companies filing draft papers, followed by 15 in February, 11 in March, 24 in April, and 12 so far in May. The surge in DRHP filings comes at a time when t...
Nearly 90 firms file draft papers for IPOs in 1st five months of 2025
Nearly 90 firms file draft papers for IPOs in 1st five months of 2025
Source: IANS
2025-05-23 10:16:37 am
Leela hotels-owner Schloss sets India IPO price band at 413-435 rupees per share Schloss Bangalore [SCHL.NS], owner of Indian luxury hotel chain 'The Leela', has set a price band of 413 rupees to 435 rupees ($4.83-$5.09) per share for its $409 million initial public offering (IPO), a newspaper advertisement showed on Wednesday. The hotel operator is targeting a valuation of about 145 billion rupees ($1.7 billion) at the upper end of the price band, according to Reuters calculations. Schloss slashed the size of its offering by 30%, its prospectus showed on Tu...
Leela hotels-owner Schloss sets India IPO price band at 413-435 rupees per share
Leela hotels-owner Schloss sets India IPO price band at 413-435 rupees per share
Source: reuters
2025-05-21 04:40:01 pm
Unified DataTech Solutions coming with IPO to raise Rs 144 crore Unified Data- Tech Solutions   Unified Data- Tech Solutions is coming out with an initial public offering (IPO) of 52,92,000 equity shares in a price band Rs 260-273 per equity share. The issue will open on May 22, 2025 and will close on May 26, 2025. The shares will be listed on SME Platform of BSE. The face value of the share is Rs 10 and is priced 26.00 times of its face value on the lower side and 27.30 times on the higher side. Book running lead manager to the issue...
Unified DataTech Solutions coming with IPO to raise Rs 144 crore
Unified DataTech Solutions coming with IPO to raise Rs 144 crore
Source: Accord Fintech
2025-05-21 04:02:20 pm
Sri Lotus Developers and Realty gets SEBI's nod for Rs 792 crore IPO Bollywood stars and renowned investor Ashish Kacholia-backed Sri Lotus Developers and Realty has received the Securities and Exchange Board of India’s (SEBI's) approval to raise Rs 792 crore through an initial public offering (IPO). The issue is completely a fresh issue of shares with no offer for sale (OFS) component.   Proceeds from the fresh issue will be used for investment in its subsidiaries Richfeel Real Estate, Dhyan Projects, and Tryksha Real Estate Pvt Ltd, fo...
Sri Lotus Developers and Realty gets SEBI's nod for Rs 792 crore IPO
Sri Lotus Developers and Realty gets SEBI's nod for Rs 792 crore IPO
Source: Accord Fintech
2025-05-21 12:38:41 pm
Credila Financial Services gets SEBI's go ahead to float IPO Credila Financial Services has received Securities and Exchange Board of India’s (SEBI) go-ahead to raise funds through initial public offering (IPO). The company filed draft papers with SEBI in December through a confidential pre-filing route. Filing the draft papers through this method allows the company to withhold public disclosure of details mentioned in the DRHP. The equity shares are proposed to be listed on the NSE and BSE.  Credila Financial Services is one of India&...
Credila Financial Services gets SEBI's go ahead to float IPO
Credila Financial Services gets SEBI's go ahead to float IPO
Source: Accord Fintech
2025-05-21 12:36:17 pm
Belrise Industries coming with IPO to raise upto Rs 22,76.47 crore Belrise Industries   Belrise Industries is coming out with a 100% book building; initial public offering (IPO) of 25,29,41,176 shares of Rs 5 each in a price band Rs 85-90 per equity share. Not more than 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not less than 15% of the issue will be available for the non-institutional bidders and the remaining 35% for the retail investors. The issue will open for ...
Belrise Industries coming with IPO to raise upto Rs 22,76.47 crore
Belrise Industries coming with IPO to raise upto Rs 22,76.47 crore
Source: Accord Fintech
2025-05-20 02:56:59 pm
Borana Weaves coming with IPO to raise upto Rs 145 crore Borana Weaves is coming out with a 100% book building; initial public offering (IPO) of 67,08,000 shares of Rs 10 each in a price band Rs 205-216 per equity share. Not more than 75% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not less than 15% of the issue will be available for the non-institutional bidders and the remaining 10% for the retail investors. The issue will open for subscription on May 20, 2025 and will...
Borana Weaves coming with IPO to raise upto Rs 145 crore
Borana Weaves coming with IPO to raise upto Rs 145 crore
Source: Accord Fintech
2025-05-19 04:34:39 pm
IPO-bound Ravi Infrabuild clocks over 10 pc net profit dip in FY24 as expenses rise Infrastructure firm Ravi Infrabuild Projects Limited, which is preparing to launch an initial public offering (IPO) to raise up to Rs 1,100 crore, has reported a decline in net profit for the financial year 2023-24 (FY24), even as its income and revenue saw growth.  According to financial data available on the company’s official website, the firm’s net profit fell by 10.46 per cent, dropping from Rs 98.49 crore in FY23 to Rs 88.19 crore in FY24. The dip in profitability...
IPO-bound Ravi Infrabuild clocks over 10 pc net profit dip in FY24 as expenses rise
IPO-bound Ravi Infrabuild clocks over 10 pc net profit dip in FY24 as expenses rise
Source: IANS
2025-05-10 09:14:29 am
Integrity Infrabuild Developers coming with IPO to raise Rs 12 crore Integrity Infrabuild Developers is coming out with an initial public offering (IPO) of 12,00,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 100 per equity share. The issue will open on May 13, 2025 and will close on May 15, 2025. The shares will be listed on SME Platform of NSE. The share is priced 10 times higher to its face value of Rs 10. Book running lead manager to the issue is Aryaman Financial Services. Compliance Officer for the issue is Kru...
Integrity Infrabuild Developers coming with IPO to raise Rs 12 crore
Integrity Infrabuild Developers coming with IPO to raise Rs 12 crore
Source: Accord Fintech
2025-05-09 04:02:10 pm
FIIs stood as net buyers in equities as per May 08 data: NSDL The FIIs as per Thursday's data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL.  In equity segment, the gross buying was of Rs 16403.50 crore against gross selling of Rs 13451.55 crore. Thus, FIIs stood as net buyers of Rs 2951.95 crore in equities. In the debt segment, the gross purchase was of Rs 2657.00 crore with gross sales of Rs 4078.20 crore. Thus, FIIs stood as net sellers of Rs 1421.20 crore in deb...
FIIs stood as net buyers in equities as per May 08 data: NSDL
FIIs stood as net buyers in equities as per May 08 data: NSDL
Source: Accord Fintech
2025-05-08 05:47:33 pm
GK Energy’s costs surge sharply ahead of IPO, shows DRHP GK Energy Limited, which specialises in solar-powered agricultural water pump systems, is prepared to launch its initial public offering (IPO) after receiving final approval from the Securities and Exchange Board of India (SEBI) last month.  The company had filed its draft red herring prospectus (DRHP) with SEBI on December 17, 2024. However, it submitted an addendum to the DRHP on May 5. According to the addendum, GK Energy’s financials indicated that while its revenues had ...
GK Energy’s costs surge sharply ahead of IPO, shows DRHP
GK Energy’s costs surge sharply ahead of IPO, shows DRHP
Source: IANS
2025-05-08 09:38:34 am