Powered by: Motilal Oswal

News

IPO Note : Concord Enviro System Ltd By Choice Broking Ltd Salient features of the IPO:   Concord Enviro Systems Ltd. (CESL), is a global water and wastewater treatment and reuse solutions provider, including zero-liquid discharge (ZLD) technology, is coming up with an IPO to raise around Rs. 483.6 - 500.3cr, which opens on 19rd Dec. and closes on 23th Dec. 2024. The price band is Rs. 665 - 701 per share. • This public issue is a combination of fresh issue (Rs. 175cr) and OFS (Rs. 308.60 - 325.3cr). From the fresh issue net proceed...
IPO Note : Concord Enviro System Ltd By Choice Broking Ltd
IPO Note : Concord Enviro System Ltd By Choice Broking Ltd
Source: Choice Broking Ltd.
2024-12-20 05:33:59 pm
IPO Note : DAM Capital Advisors Ltd By Nirmal Bang Ltd Background The company commenced their operations in the securities market in 1993 as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited. In 1994, they rebranded and operated under the name S.S. Kantilal Ishwarlal Securities Private Limited (“SSKIPL”). In 2006, Infrastructure Development Finance Company (“IDFC”) commenced the acquisition of SSKIPL which culminated in 2008. In 2019, IDFC group divested its entire stake, which was acquired by Dharmesh ...
IPO Note : DAM Capital Advisors Ltd By Nirmal Bang Ltd
IPO Note : DAM Capital Advisors Ltd By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-12-19 12:23:22 pm
IPO Note : Inventurus Knowledge Solutions Ltd by Choice Broking Ltd An Indian EPC firm specializing in power T&D Salient features of the IPO: * Transrail Lighting Ltd. (TLL), is an EPC company which is primarily focuses on power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors, and monopoles, is coming up with an IPO to raise around Rs. 816.6 - 838.9cr, which opens on 19th Dec. and closes on 23rd Dec. 2024. The price band is Rs. 410 - 432 per share. * The IPO is a combination of fre...
IPO Note : Inventurus Knowledge Solutions Ltd by Choice Broking Ltd
IPO Note : Inventurus Knowledge Solutions Ltd by Choice Broking Ltd
Source: Choice Broking Ltd
2024-12-19 10:54:26 am
IPO Note : Transrail Lighting Ltd By Geojit Financial Services Ltd Pioneering in Power Transmission and Distribution Transrail Lighting Ltd. (TLL) is an Indian EPC (engineering, procurement and construction) company specializing in power transmission and distribution. It operates integrated manufacturing facilities for lattice structures, conductors, and monopoles. TLL has completed over 200 projects across 58 countries, showcasing extensive project execution capabilities. The company operates in four verticals: power transmission and distribution (83.4%)...
IPO Note : Transrail Lighting Ltd By Geojit Financial Services Ltd
IPO Note : Transrail Lighting Ltd By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-19 10:43:42 am
IPO Note : Mamata Machinery Ltd By Nirmal Bang Ltd Background Mamata Machinery Ltd. established in 1989, is a leading manufacturer and exporter of plastic bag, pouch-making machines, and packaging equipment, with over 4,500 installations across 75 countries. The company serves industries like FMCG, food, beverages, and e-commerce, with notable clients like Balaji Wafers and Hershey India. Operating from state-of-the-art facilities in Gujarat and Florida, Mamata focuses on innovation, holding patents for advanced manufacturing technologies....
IPO Note : Mamata Machinery Ltd By Nirmal Bang Ltd
IPO Note : Mamata Machinery Ltd By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-12-19 10:25:26 am
IPO NOTE : International Gemmological Institute (India) Ltd by Motilal Oswal Financial Services Ltd Commanding Leadership in the Industry: As per Redseer report, IGI is world’s 2 nd largest independent certification and accreditation service provider for diamonds, studded jewelry and colored stones, with a global market share of 33% based on the number of certifications in CY23. It is the largest player in India, holding 50% market share as of CY23. High growth opprtunity: The global jewellery market is expected to grow at a steady 3-6% CAGR until CY28 (source: Redseer), demand for...
IPO NOTE : International Gemmological Institute (India) Ltd by Motilal Oswal Financial Services Ltd
IPO NOTE : International Gemmological Institute (India) Ltd by Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-12-14 09:08:02 am
IPO Note : NTPC Green Energy Ltd By Geojit Financial Services Ltd A Pure Play In Renewable Energy With Strong Lineage NTPC Green Energy Ltd. (NGEL), a wholly owned subsidiary of NTPC Ltd., a ‘Maharatna’ central public sector enterprise, focused on developing utility-scale solar and wind energy projects, as well as projects for PSUs and corporates. As of H1FY25, NGEL’s portfolio comprised 16,896 MW, including 3,320 MW of operational projects and 13,576 MW of contracted and awarded projects. Additionally, it has 9,175 MW capacity in the p...
IPO Note : NTPC Green Energy Ltd By Geojit Financial Services Ltd
IPO Note : NTPC Green Energy Ltd By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-11-19 11:44:48 am
IPO Note : NTPC Green Energy Limited by Nirmal Bang Ltd BACKGROUND NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, began operations in February 2023, managing 3,320 MW of renewable energy (RE) capacity, predominantly solar. It has a robust pipeline of 26,071 MW, targeting India’s energy transition goals under NTPC’s vision of achieving 60 GW RE capacity by 2032. Focused on utility-scale RE projects, NGEL leverages innovative technologies, strategic partnerships, and geographic diversification to maintain operational ...
IPO Note : NTPC Green Energy Limited by Nirmal Bang Ltd
IPO Note : NTPC Green Energy Limited by Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-11-19 11:15:02 am
IPO Note : Zinka Logistics Solution Limited by Bajaj Broking Ltd Outlook & Valuation On the financial performance front, for the last three fiscals, the company has posted a total income/net profit/ - (loss) of Rs. 156.13 cr. / Rs. - (230.35) cr. (FY22), Rs. 195.09 cr. / Rs. - (236.85) cr. (FY23), and Rs. 316.51 cr. / Rs. - (166.99) cr. (FY24). For Q1 of FY25 ended on June 30, 2024, it posted a net profit of Rs. 32.38 cr. on a total income of Rs. 98.33 cr. Thus it has turned the corner from Q1 of ongoing fiscal. But it will take some time to wipe ou...
IPO Note : Zinka Logistics Solution Limited by Bajaj Broking Ltd
IPO Note : Zinka Logistics Solution Limited by Bajaj Broking Ltd
Source: Bajaj Broking
2024-11-13 12:19:18 pm
IPO Note : Sagility Ltd by Nirmal Bang Ltd BACKGROUND Sagility is a pure healthcare focused technology driven service provider having client profile of Payers which include leading U.S. health insurance companies and Providers including hospitals, physicians, and diagnostic and medical devices Company’s amongst others. 90% of the company’s revenues come from the payers segment where it is involved in the core benefit admin functions deriving predictable revenues. It operates through five global service delivery location...
IPO Note : Sagility Ltd by Nirmal Bang Ltd
IPO Note : Sagility Ltd by Nirmal Bang Ltd
Source: Nirmal Bang Ltd.
2024-11-05 01:01:31 pm
IPO Note : Afcons Infrastructure Ltd By Nirmal Bang Ltd Afcons Infrastructure Limited, a prominent player in the global construction industry, is widely recognized for its expertise in executing large-scale and complex infrastructure projects. Established in 1959, the company has evolved into a multinational entity under the Shapoorji Pallonji Group, specializing in various sectors such as marine, transportation, urban infrastructure, and oil and gas Objects and Details of the Issue: * Total issue of ~Rs. 5,430 Cr (at upper price band) consi...
IPO Note : Afcons Infrastructure Ltd By Nirmal Bang Ltd
IPO Note : Afcons Infrastructure Ltd By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-25 12:42:47 pm
IPO Note : Afcons Infrastructure Ltd by Geojit Financial Services Ltd Leading construction company with strong parentage Afcons Infrastructure Ltd. (AIL), the flagship infrastructure, engineering, and construction company of the Shapoorji Pallonji Group, was founded in 1959. AIL’s diverse portfolio includes marine and industrial, surface transport, urban infrastructure, hydro and underground, and oil and gas projects. With a significant international footprint, AIL derives about 30% of its revenue from exports, operating in Asia, Africa, and the Middle...
IPO Note : Afcons Infrastructure Ltd by Geojit Financial Services Ltd
IPO Note : Afcons Infrastructure Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-10-25 12:35:38 pm
IPO Report - Deepak Builders & Engineers India Ltd By Choice Broking Ltd Salient features of the IPO: • Deepak Builders & Engineers India Ltd. (DBEIL), is an integrated engineering and construction company, specializing in execution and construction of administrative & institutional buildings, hospitals and medical colleges, industrial building, historical memorial complex, stadium and sports complex, residential complex and various developmental and other construction activity, is coming up with an IPO to raise around Rs. 245.9 - 260.0cr, which op...
IPO Report - Deepak Builders & Engineers India Ltd By Choice Broking Ltd
IPO Report - Deepak Builders & Engineers India Ltd By Choice Broking Ltd
Source: Choice Broking Ltd.
2024-10-23 02:10:45 pm
IPO Report : Deepak Builders & Engineers India Ltd By Choice Broking Growing potential, with improved margins. Salient features of the IPO: • Deepak Builders & Engineers India Ltd. (DBEIL), is an integrated engineering and construction company, specializing in execution and construction of administrative & institutional buildings, hospitals and medical colleges, industrial building, historical memorial complex, stadium and sports complex, residential complex and various developmental and other construction activity, is coming up with an IPO ...
IPO Report : Deepak Builders & Engineers India Ltd By Choice Broking
IPO Report : Deepak Builders & Engineers India Ltd By Choice Broking
Source: Choice Broking
2024-10-22 05:37:54 pm
IPO Report - Waaree Energies Ltd by Choice Broking Ltd Salient features of the IPO: • Waaree Energies Ltd. (WEL), i. (WEL), is a manufacturer of solar PV modules in India with the largest aggregate installed capacity of 12 GW, is coming up with an IPO to raise around Rs. 4,284.9 - 4,321.4cr, which opens on 21th Oct. and closes on 23th Oct. 2024. The price band is Rs. . 1,427 - 1,503 per share. • The IPO is a combination of fresh issue (Rs. 3,418 - 3,600cr) and OFS portion of (Rs. 685.0 - 721.4cr). From the fresh issue net proceeds...
IPO Report - Waaree Energies Ltd by Choice Broking Ltd
IPO Report - Waaree Energies Ltd by Choice Broking Ltd
Source: Choice Broking
2024-10-22 02:47:56 pm
IPO Report - Kross Ltd By Choice Broking Ltd Salient features of the IPO: • Kross Ltd. (Kross), a trailer axle and other auto components manufacturer is coming up with an IPO to raise Rs. 500cr, which opens on 9 th Sept. and closes on 11th Sept. 2024. The price band is Rs. 228 - 240 per share. • This public issue is a combination of fresh (Rs. 250cr) and OFS (Rs. 250cr). The company will not receive any proceeds from the OFS portion. From the fresh issue net proceeds, the company will be utilizing Rs. 90cr for the pre-pa...
IPO Report - Kross Ltd By Choice Broking Ltd
IPO Report - Kross Ltd By Choice Broking Ltd
Source: Choice Broking Ltd.
2024-09-10 12:29:49 pm
IPO Note : P N Gadgil Jewellers Limited by Nirmal Bang Ltd BACKGROUND P N Gadgil Jewellers Ltd offers an extensive range of precious metal and jewellery products, including gold, silver, platinum, and diamond jewellery under its brand name “PNG.” The company provides a diverse array of designs and price ranges to cater to various customer preferences. As of July 31, the company operates 39 stores, with 38 stores across 18 cities in Maharashtra and Goa, and one store in the United States, encompassing a total retail space of ~1,08,282 s...
IPO Note : P N Gadgil Jewellers Limited by Nirmal Bang Ltd
IPO Note : P N Gadgil Jewellers Limited by Nirmal Bang Ltd
Source: Nirmal Bang Ltd.
2024-09-10 12:22:18 pm
PL Investment Banking acted as the sole book running lead manager to Gala Precision Engineering Ltd IPO, Most Subscribed IPO in FY25 till date PL Investment Banking, the investment banking arm of PL Capital Group – Prabhudas Lilladher, one of India’s most trusted financial services organisations, has successfully closed the Initial Public Offering of Gala Precision Engineering Ltd worth INR 167.9 crore, acting as the sole book running lead manager. Gala Precision Engineering is a well-established precision component manufacturer with global clientele exceeding 175 customers, exporting to over 25 countries. &...
PL Investment Banking acted as the sole book running lead manager to Gala Precision Engineering Ltd IPO, Most Subscribed IPO in FY25 till date
PL Investment Banking acted as the sole book running lead manager to Gala Precision Engineering Ltd IPO, Most Subscribed IPO in FY25 till date
Source: PR Agency
2024-09-09 02:16:41 pm
IPO Note : Bajaj Housing Finance Ltd By ARETE Securities Ltd Bajaj Housing Finance, established in 2008, is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015. The company began its mortgage lending operations in Fiscal 2018 and is part of the Bajaj Group, a diversified business conglomerate founded in 1926, with interests spanning multiple sectors. Bajaj Housing Finance offers a range of financial solutions tailored to both individuals and corporate clients for home and commercial space purcha...
IPO Note : Bajaj Housing Finance Ltd By ARETE Securities Ltd
IPO Note : Bajaj Housing Finance Ltd By ARETE Securities Ltd
Source: ARETE Securities Ltd
2024-09-09 12:26:11 pm
IPO Report : Shree Tirupati Balajee Agro Trading Company Ltd by Choice Broking Ltd Salient features of the IPO: • Shree Tirupati Balajee Agro Trading Company Ltd. (STBATCL), is engaged in the business of manufacturing and selling of Flexible Intermediate Bulk Containers (FIBCs) and offer a wide range of packaging solutions to its clients, is coming up with an IPO to raise around Rs. 159.4 - 169.7cr, which opens on 05th Sep. and closes on 09th Sep. 2024. The price band is Rs. 78 - 83 per share • The IPO is a combination of fresh issue (Rs. 115.1 - 122.4cr)...
IPO Report : Shree Tirupati Balajee Agro Trading Company Ltd by Choice Broking Ltd
IPO Report : Shree Tirupati Balajee Agro Trading Company Ltd by Choice Broking Ltd
Source: Choice Broking Ltd.
2024-09-05 12:07:25 pm
IPO Report : Baazar Style Retail Ltd By Geojit Financial Services Ltd A fastest growing value fashion retailer... Baazar Style Retail Ltd (BSRL), incorporated in 2013, is a value fashion retailer with dominance in Eastern India (with a market share of 3% in West Bengal and 2.2% in Odisha & 2.15% in organized value retail market in Eastern India), offering affordable products under the apparels (contributes to ~84% of topline) and general merchandise segments (~16% of topline). Within the apparels vertical, it offers garments for men, women, boys, girls a...
IPO Report : Baazar Style Retail Ltd By Geojit Financial Services Ltd
IPO Report : Baazar Style Retail Ltd By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd.
2024-08-31 03:16:54 pm
IPO Note : Premier Energies Ltd by Geojit Financial Services Ltd An integrated solar cell and module manufacturer ... Premier Energies Ltd (PEL), established in 1995, is an integrated solar cell and module manufacturer based in Hyderabad, Telangana. With five facilities, they have an annual capacity of 2 GW for solar cells(~22% of revenue in FY24 ) and 4.13 GW for solar modules (64% revenue in FY24). In addition to producing solar cells and modules, the company also provides engineering, procurement, and construction solutions, offers operations and mai...
IPO Note : Premier Energies Ltd by Geojit Financial Services Ltd
IPO Note : Premier Energies Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd.
2024-08-27 12:22:33 pm
IPO Report : Premier Energies Ltd By Nirmal Bang Ltd BACKGROUND Premier Energies is a leading solar manufacturer with 29 years of experience, specializing in bifacial monocrystalline PERC and TOPCon solar cells and modules. Operating five facilities in Hyderabad, the company has a combined capacity of 2 GW for solar cells and 4.13 GW for modules, with plans for significant expansion by Fiscal 2027. Company serves major clients like NTPC and TATA Power Solar. Objects and Details of the Issue: The public issue consists of Offer For Sale ...
IPO Report : Premier Energies Ltd By Nirmal Bang Ltd
IPO Report : Premier Energies Ltd By Nirmal Bang Ltd
Source: Nirmal Bang Ltd.
2024-08-27 11:59:03 am
IPO Note : Orient Technologies Ltd by Geojit Financial Services Ltd An emerging IT infrastructure provider Orient Technologies Ltd. (OTL), established in 1997, headquartered in Mumbai, is an information technology (IT) solutions provider with expertise in developing products and solutions for specialised disciplines across its business verticals. OTL provides customised offerings to its clients by collaborating with wide range of technology partners including DELL, Fortinet and Nutanix. The business verticals include IT infrastructure comprising data cente...
IPO Note : Orient Technologies Ltd by Geojit Financial Services Ltd
IPO Note : Orient Technologies Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-08-21 05:01:35 pm
IPO Report : Saraswati Saree Depot Ltd by Choice Broking Ltd Salient features of the IPO: * Saraswati Saree Depot Ltd. (SSDL), is a key player in sarees wholesales (B2B) segment and also in women’s apparel wear, is coming up with an IPO to raise around Rs. 152.0 - 160.cr, which opens on 12th Aug. and closes on 14th Aug. 2024. The price band is Rs. 152 - 160 per share. * The IPO is a combination of fresh issue (Rs. 99 - 104cr) and OFS portion (of Rs. 53.2 - 56.0). The company will not receive any proceeds from the OFS portion. From the fresh...
IPO Report : Saraswati Saree Depot Ltd by Choice Broking Ltd
IPO Report : Saraswati Saree Depot Ltd by Choice Broking Ltd
Source: Choice Broking
2024-08-13 02:53:54 pm
IPO Report - Ola Electric Mobility Ltd by Choice Broking Salient features of the IPO:  • Ola Electric Mobility Ltd. (OEML), a pure-play e-scooter maker is coming up with an IPO to raise around Rs. 6,150cr, which opens on 2 nd Aug. and closes on 6 th Aug. 2024. The price band is Rs. 72 - 76 per share. • The company is backed by funds managed by marquee investors like SoftBank Investment Advisers, Tiger Global Management, Alpha Wave Global, Matrix Partners, Temasek, MacRitchie Investments etc. • With success of this IPO, ...
IPO Report - Ola Electric Mobility Ltd by Choice Broking
IPO Report - Ola Electric Mobility Ltd by Choice Broking
Source: Choice Broking Ltd
2024-08-03 05:38:53 pm
IPO Note : OLA Electric Mobility Ltd by Nirmal Bang Ltd BACKGROUND Ola electric is a major player in India's EV market, focusing on building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. Ola Electric commands nearly a 35% market share in India's (E2W) market in FY24, Ola manufactures EVs and certain core EV components like battery packs, motors and vehicle frames. Ola has delivered seven products and additionally announced four new products Objects and Details of the Issue...
IPO Note : OLA Electric Mobility Ltd by Nirmal Bang Ltd
IPO Note : OLA Electric Mobility Ltd by Nirmal Bang Ltd
Source: Nirmal Bang Ltd.
2024-08-02 05:16:45 pm
IPO Note : Ceigall India Ltd by Geojit Financial Services Ltd An emerging EPC Player...  Ceigall India Ltd. (CIL), founded in 2002, specializes in constructing state and national highways, elevated corridors, bridges, flyovers, and rail overbridges, along with highway maintenance. The company's operations are divided into Engineering, Procurement & Construction (EPC), Hybrid Annuity Model (HAM), and Operation & Maintenance (O&M) projects, covering ten states in India. CIL has completed over 34 projects, including 16 EPC, one HAM,...
IPO Note : Ceigall India Ltd by Geojit Financial Services Ltd
IPO Note : Ceigall India Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-08-01 03:25:40 pm
IPO Report - Sanstar Limited By Nirmal Bang Ltd Company Overview Sanstar Limited, specializes in plant-based specialty products and innovative ingredient solutions.  They are the fifth largest manufacturer of maize based specialty products and ingredient solutions in India. Their extensive portfolio caters to the food industry, animal nutrition, and various industrial applications with an installed capacity of 3,63,000 tons per annum. Details of the Issue * Total issue of Rs. 510 Cr, consists of offer for sale amounting to Rs...
IPO Report - Sanstar Limited By Nirmal Bang Ltd
IPO Report - Sanstar Limited By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-07-19 12:37:33 pm
IPO Note : Sanstar Ltd by Geojit Financial Services Ltd A key player in maize based derivative products... Sanstar Ltd., established in 1982, is one of India's largest manufacturers of maize-based specialty products and ingredient solutions. The company caters to various sectors, including food and beverages, animal nutrition, pharmaceuticals, and other industrial applications. Sanstar offers a diversified product portfolio that includes liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, ...
IPO Note : Sanstar Ltd by Geojit Financial Services Ltd
IPO Note : Sanstar Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-07-19 10:13:01 am
IPO Report : JNK India Ltd. - Choice Broking Ltd Salient features of the IPO: * JNK India Ltd. (JNK), one of the leading manufacturers of heating equipments, which mainly finds application in the oil refineries and petrochemical plants, is coming up with an IPO to raise around Rs. 650cr, which opens on 23rd Apr. and closes on 25th Apr. 2024. The price band is Rs. 395 - 415 per share. * The IPO is a combination of fresh issue (Rs. 300cr) and OFS portion (Rs. 332.6 - 349.5cr). The company will not receive any proceeds from the OFS porti...
IPO Report : JNK India Ltd. - Choice Broking Ltd
IPO Report : JNK India Ltd. - Choice Broking Ltd
Source: Choice Broking
2024-04-28 12:45:03 pm
IPO Note : JNK India Ltd by Geojit Financial Services Ltd A Niche Player in the Heating Equipment Segment JNK India Ltd. (JIL) specializes in manufacturing heating equipment for various process industries such as oil & gas refineries, petrochemicals, and fertilizers. Incorporated in 2010, the company is one of the well-recognized heater companies in India, having a market share of approximately 27% in the segment, in terms of new order booking as of FY23. The company has successfully executed projects in India, Mexico, and Nigeria, with ongoi...
IPO Note : JNK India Ltd by Geojit Financial Services Ltd
IPO Note : JNK India Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-04-23 04:54:44 pm
IPO Report : JNK India Ltd by Choice Broking Ltd Salient features of the IPO: • JNK India Ltd. (JNK), one of the leading manufacturers of heating equipments, which mainly finds application in the oil refineries and petrochemical plants, is coming up with an IPO to raise around Rs. 650cr, which opens on 23rd Apr. and closes on 25th Apr. 2024. The price band is Rs. 395 - 415 per share. • The IPO is a combination of fresh issue (Rs. 300cr) and OFS portion (Rs. 332.6 - 349.5cr). The company will not receive any proceeds fro...
IPO Report : JNK India Ltd by Choice Broking Ltd
IPO Report : JNK India Ltd by Choice Broking Ltd
Source: Choice Broking Ltd
2024-04-22 03:40:02 pm
IPO Report - JNK India Ltd. By Nirmal Bang Ltd BACKGROUND JNK (JNK India) manufactures Heating Equipment (process fired heaters, reformers and cracking furnaces) that is required in process industries such as oil and gas refineries, petrochemicals and fertilizers. Over the years, JNK has diversified into flares and incinerator systems and has been developing capabilities in the renewable sector with green hydrogen. Objects and Details of the Issue: Total issue size is Rs. 649 Cr comprising of Rs. 300 Cr from Fresh Issue and Rs. 3...
IPO Report - JNK India Ltd. By Nirmal Bang Ltd
IPO Report - JNK India Ltd. By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-04-22 02:38:24 pm
IPO Report - Bharti Hexacom Ltd By Nirmal Bang Ltd BACKGROUND Incorporated in 1995, Bharti Hexacom Ltd (BHL) provides mobile services, fixed-line and broadband services to customers in Rajasthan and North East (NE) circles in India, wherein it enjoys a prominent market share. BHL offers its services under ‘Airtel’ brand and provides a gamut of digital services in customized plans which has resulted in the continuous improvement in market share during the last three fiscals. Company has 27.1 million customers across both the cir...
IPO Report - Bharti Hexacom Ltd By Nirmal Bang Ltd
IPO Report - Bharti Hexacom Ltd By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-04-02 05:09:00 pm
IPO Report : Bharti Hexacom Ltd. By Choice Broking Salient features of the IPO: Bharti Hexacom Ltd. (BHL), a telecom & broadband service provider in the Rajasthan and North-East telecommunication circles under the brand name “Airtel”; and also a subsidary of telecommunication giant Bharti Airtel Ltd., is coming up with an IPO to raise around Rs. 4,300cr, which opens on 3 rd Apr. and closes on 5 th Apr. 2024. The price band is Rs. 542 - 570 per share. The IPO only consists of OFS portion. Thus, the company will not receive an...
IPO Report : Bharti Hexacom Ltd. By Choice Broking
IPO Report : Bharti Hexacom Ltd. By Choice Broking
Source: Choice Broking
2024-04-01 10:52:07 am
IPO Note : Gopal Snacks Ltd by Nirmal and Ltd Vertically integrated business operations resulting in quality products and operational efficiencies The company’s manufacturing operations are vertically integrated, enabling them to control the production process. This result in improved operational efficiency, reduced production costs, and enhanced control over the quality and origin of ingredients. They manufacture besan or gram flour and spices such as chilli powder, cumin powder, coriander powder, and turmeric powder, which are...
IPO Note : Gopal Snacks Ltd by Nirmal and Ltd
IPO Note : Gopal Snacks Ltd by Nirmal and Ltd
Source: Nirmal Bang Ltd
2024-03-06 11:50:19 am
IPO Report : Gopal Snacks Ltd by Choice Broking Salient features of the IPO: • Rajkot based Gopal Snacks Ltd. (GSL), also known as Gopal Namkeen is coming up with an IPO to raise Rs. 650cr, which opens on 6 th Mar. and closes on 11th Mar. 2024. The price band is Rs. 381 - 401 per share. • The IPO only consists of OFS portion. Thus, the company will not receive any proceeds from the issue. • During Oct. 2023, one of the promoter & promoter group (P&PG) entities and an individual selling shareholder through se...
IPO Report : Gopal Snacks Ltd by Choice Broking
IPO Report : Gopal Snacks Ltd by Choice Broking
Source: PR Agency
2024-03-06 11:20:42 am
IPO Note : Exicom Tele-Systems Ltd by Geojit Financial Services Ltd Pioneers in the manufacturing of EV chargers KEY CHANGES: TARGET …. Exicom Tele-Systems Ltd. (ETSL), incorporated in 1994, is a power management solutions provider which specialises in DC power systems, Li-ion-based energy storage solutions, and electric vehicle (EV) charging. It has a market share of 16% in DC power systems and 10% in Li-ion battery applications for the telecom sector market, and a market share of 60% and 25% in the residential and public charging segments, respect...
IPO Note : Exicom Tele-Systems Ltd by Geojit Financial Services Ltd
IPO Note : Exicom Tele-Systems Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-02-27 10:29:04 am
IPO NOTE : Apeejay Surrendra Park Hotels Limited by Swastika Investmart Apeejay Surrendra Park Hotels operate hospitality assets under its own brands, “THE PARK”, “THE PARK Collection”, “Zone by The Park”, “Zone Connect by The Park” and “Stop by Zone”.The company ranks as the eighth-largest in India in terms of chains affiliated with hotel room inventory. It has a long-standing expertise of over 55 years in the hospitality business of owning and operating hotels, with its first hotel being launched under...
IPO NOTE : Apeejay Surrendra Park Hotels Limited by Swastika Investmart
IPO NOTE : Apeejay Surrendra Park Hotels Limited by Swastika Investmart
Source: Swastika Investmart Ltd
2024-02-04 09:05:32 am
IPO Report : BLS E-Services Ltd by Choice Broking Salient features of the IPO: • BLS E-Services Ltd. (BLSEL), a technology-backed basic banking service provider is coming up with an IPO to raise around Rs. 310cr, which opens on 30th Jan. and closes on 1 st Feb. 2024. The price band is Rs. 129 - 135 per share. • The IPO only consists of fresh issue of shares. From the fresh issue net proceeds, BLSEL will be utilizing Rs. 97.6cr for strengthening the technological infrastructure and consolidating its existing platform; Rs. 74.8...
IPO Report : BLS E-Services Ltd by Choice Broking
IPO Report : BLS E-Services Ltd by Choice Broking
Source: Choice Broking
2024-01-31 12:55:13 pm
Jaipur based Motisons Jewellers makes Dalal Street debut, shares list at over 98.18% premium Shares of Jaipur-based Motisons Jewellers made their debut on the exchange at a premium of 98.18%, higher than the IPO’s issue price of Rs 55.   The scrip listed Rs 103.90 per share on BSE and Rs 109.00 per share on NSE, at a premium of 88.90% and 98.18% respectively. The company's share price closed at Rs 101.18 per share on the BSE, an 83.96% premium, and at Rs 103.55 per share on the NSE, an 88.27% premium.  As per NSE, the total quantity traded stood at 89.49 lak...
Jaipur based Motisons Jewellers makes Dalal Street debut, shares list at over 98.18% premium
Jaipur based Motisons Jewellers makes Dalal Street debut, shares list at over 98.18% premium
Source: PR Agency
2023-12-27 12:29:50 pm
Innova Captab IPO subscribed 55.26 times on Final Day The Initial Public Offering of Innova Captab Limited was subscribed 55.26 times on the last day of bidding.   The issue received bids of 50,16,58,245 shares against the offered 90,78,010 equity shares, at a price band of ?426-448, according to the data available on the stock exchanges.   Qualified Institutional Buyer Portion subscribed at 116.73 times, Non-Institutional Investors Portion was subscribed 64.94 times, whereas Retail Portion was...
Innova Captab IPO subscribed 55.26 times on Final Day
Innova Captab IPO subscribed 55.26 times on Final Day
Source: PR Agency
2023-12-27 12:06:12 pm
IPO NOTE : Happy Forgings Ltd by Geojit Financial Services Limited A leading crankshaft manufacturer KEY CHANGES: TARGET …... Happy Forgings Ltd. (HFL) is an Indian manufacturer that designs and manufactures forged and high-precision machined products such as crankshafts, front axle beams, steering knuckles, transmission parts, etc., catering to both the automotive and non-automotive sectors. Established in 1979, it has three facilities in Ludhiana and Punjab. With an installed capacity for forging and machining of 107,000 MT and 46,100 MT, it has ...
IPO NOTE : Happy Forgings Ltd by Geojit Financial Services Limited
IPO NOTE : Happy Forgings Ltd by Geojit Financial Services Limited
Source: Geojit Financial Services Ltd
2023-12-22 01:47:48 pm
IPO NOTE : Azad Engineering Ltd by Motilal Oswal Financial Services Ltd Preferred manufacturer of Critical High-precision Components: Azad Engineering Ltd (AEL) is one of the preferred manufacturer of complex & highly engineered precision forged & machined components for OEMs in energy (89% of sales as of 1HFY24), aerospace/defence (A&D; 9%), and oil & gas industries. It has delivered 3.09mn units of 3D rotating airfoil/ blade portions of turbine engines and other critical components over FY09-23 including some with ‘zero parts per millio...
IPO NOTE : Azad Engineering Ltd by Motilal Oswal Financial Services Ltd
IPO NOTE : Azad Engineering Ltd by Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2023-12-21 02:11:13 pm
IPO NOTE : Happy Forgings Limited by Swastika Investmart Ltd Happy Forgings Limited is an Indian manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products and valve bodies for different industries and customers. OBJECTS OF THE ISSUE Purchase of equipment, plant and machinery Prepayment of all o...
IPO NOTE : Happy Forgings Limited by Swastika Investmart Ltd
IPO NOTE : Happy Forgings Limited by Swastika Investmart Ltd
Source: Swastika Investmart Ltd
2023-12-18 03:16:42 pm
IPO NOTE : Muthoot Microfin Ltd by Geojit Financial Services A leading south KEY CHANGES: -based player in the microfinance Muthoot Microfin Ltd. (MML), a microfinance institution promoted by the Muthoot Pappachan Group, specializes in providing micro-loans to women customers, primarily for income generation in rural areas of India. As of March 31, 2023, MML ranks as the 5th largest NBFC-MFI in India based on its gross loan portfolio. Additionally, it holds the position as the 3rd largest NBFC-MFI in South India by gross loan portfolio and is the le...
IPO NOTE : Muthoot Microfin Ltd by Geojit Financial Services
IPO NOTE : Muthoot Microfin Ltd by Geojit Financial Services
Source: Geojit Financial Services Ltd
2023-12-18 12:57:12 pm
IPO NOTE : Suraj Estate Developers Ltd by Geojit Financial Services Ltd A pioneer in the KEY CHANGESredevelopment landscape of South : TARGET -Central Mumbai... Suraj Estate Developers Ltd (SEDL), established in September 1986, is a marquee real estate construction company with over 35 years of experience across the residential and commercial sectors with a primary focus on value luxury, luxury, and commercial segments. Specializing in the redevelopment of tenanted properties under Regulation 33(7) of the Development Control and Promotion Regulations (DCPR) in...
IPO NOTE : Suraj Estate Developers Ltd by Geojit Financial Services Ltd
IPO NOTE : Suraj Estate Developers Ltd by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2023-12-18 12:32:02 pm