Shares of Hyundai Motor India, that were listed at Rs 1,931 apiece, have slipped more than 10 per cent from its IPO price.
On Wednesday, the stock closed in red at Rs 1,745 apiece, owing to poor performance of the automaker in the second quarter of FY25. At closing, Hyundai Motor India shares were down 3.37 per cent.
The shares of Hyundai Motor India, one of the country's leading automobile companies, have continued to decline since its listing. The listing of Hyundai Motor In...
Hyundai Motor India shares slip to Rs 1,745, down over 10 pc of IPO price
iva Bupa Health Insurance Company saw its initial public offering (IPO) subscribed 65 per cent on the first day of bidding.
The issue received bids of 11,19,04,400 shares against the offered 17,28,57,143 equity shares, at a price band of Rs 70-74, according to the data available on the stock exchanges, according to a company statement.
Retail portion and non-institutional investors portion were subscribed 0.71 times and 0.33 times respectively, whereas Qualified Institutional Buye...
Niva Bupa Health Insurance’s IPO subscribed 65 pc on day 1
Concentrated revenue risk, dependence on government-owned transmission grids and infrastructure, and growth relying on winning highly competitive project bids are key risks for ACME Solar Holdings IPO, a brokerage firm said on Tuesday.
The IPO is a mix of fresh issue of up to Rs 2,395 crore and an offer of sale (OFS) of up to Rs 505 crore.
According to a note by Bajaj Broking, the company focuses on the development, construction, ownership, operation, and maintenance of large-scal...
ACME Solar IPO: Concentrated revenue, dependence on government-owned infra among key risks
United Heat Transfer Limited (UHTL), a leading manufacturer of advanced heat exchanger equipment, announced the successful closing of its initial public offering (IPO), which was oversubscribed by 77+ times. The offering attracted remarkable investor interest, generating a total gross demand of Rs.1677.5 Crores.
The IPO offered 50,84,000 shares with a face value of Rs.10 each, available to eligible investors. The IPO was in strong demand across all segments, with the retail tranche subscri...
United Heat Transfer Limited successfully closes IPO, securing a subscription of Rs. 1,677.5 crores
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
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
