IPO News

IPO News typically covers news related to upcoming IPOs, recent IPOs, and their performance in the stock market, including their opening and closing prices, trading volumes, and investor sentiments. It may also include insights and analysis from industry experts on the latest IPO trends, market conditions, and potential investment opportunities.

  • 21 Feb, 2024

GPT Healthcare garners Rs 157 cr from anchor investors ahead of IPO

GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, on Wednesday collected Rs 157.54 crore from anchor investors a day before its Initial Public Offering (IPO).

  • 21 Feb, 2024

Platinum Industries IPO to open for subscription on February 27

Platinum Industries IPO is completely a fresh equity sale of 1.37 crore shares with no offer-for-sale component. The price band for the issue will be announced soon.

  • 21 Feb, 2024

Bharat Highways Invit to launch Rs 2,500-crore IPO on February 28

Bharat Highways had filed DRHP for the IPO in December 2023 and received approval for the same earlier this year. The issue price is yet to be determined. The company proposes to use the net proceeds to repay debt availed by the project SPVs and for general corporate purposes.

  • 21 Feb, 2024

IT solutions provider Orient Technologies files DRHP for IPO

The IPO has a face value of Rs 10 and consists of a fresh issue of Rs 120 crore and an offer for sale of up to 4.6 million shares by the promoter-selling shareholders. Under the OFS, Ajay Baliram Sawant, Umesh Navnitlal Shah, Ujwal Arvind Mhatre, and Jayesh Manharlal Shah will offload shares.

  • 21 Feb, 2024

Juniper Hotels IPO subscribed 11% on Day 1. Check GMP and other details

Juniper Hotels IPO: The category reserved for retail investors was subscribed the most at 52%, while that for NIIs was booked at 6%. There were no bids yet in the QIB part.

  • 21 Feb, 2024

Zenith Drugs IPO subscribed 5.5 times on Day 3. Check GMP and other details

Zenith Drugs IPO is an entirely fresh equity issue of 51.4 lakh shares and through the issue, the company aims to raise Rs 40.6 crore. The company is offering its shares at Rs 75-79 apiece, and investors can bid for 1,600 shares in 1 lot.

  • 21 Feb, 2024

Exicom Tele-Systems to float IPO on Feb 27; aims to raise Rs 329 crore via fresh issue

EV chargers maker Exicom Tele-Systems Ltd is set to launch its Initial Public Offering (IPO) on February 27

  • 21 Feb, 2024

Interiors & More IPO allotment: Check status, GMP and other key details

Investors who applied for the Interiors & More IPO can check the allotment status by visiting the NSE website. On the allotment date, investors get to know about the number of shares allotted to them against the bids made.

  • 21 Feb, 2024

Atmatsco IPO allotment: Check GMP and other details

The issue closed on February 20, Tuesday. The issue was at a fixed price of Rs 77 per equity share. The equity shares will be listed on the NSE Emerge platform.

  • 21 Feb, 2024

Esconet Technologies IPO allotment: Check status, listing date, GMP and other details

The SME IPO of Esconet Technologies will be finalised today, with investors learning about the shares allotted. Investors can check allotment status on Skyline Financial Services website. Esconet shares are trading at a premium, and the IPO received high subscription.

  • 21 Feb, 2024

Kalahridhaan Trendz IPO allotment: Check status, listing date, GMP, other details

Kalahridhaan Trendz IPO allotment: Check status, listing date, GMP, other details

  • 21 Feb, 2024

Hyatt-owner Juniper Hotels' Rs 1800-cr IPO opens: Should you bid for this loss-making company?

Juniper Hotels' IPO aims to raise around Rs 1,800 crore. The company's asset-heavy business model and loss-making status have led to mixed views among analysts. The IPO has a price band of Rs 342-360 per share.

  • 21 Feb, 2024

Thai Casting IPO allotment: Check status, listing date, GMP and other details

Thai Casting IPO allotment status: Investors can check the status of Thai Casting IPO allotment by logging in to the official website of the registrar, which is Purva Sharegistry in this case

  • 21 Feb, 2024

Hindalco arm Novelis eyes US IPO, files papers

The company is wholly owned by Hindalco through its subsidiary AV Minerals (Netherlands) NV, which will offload shares for the public offering. India-listed Hindalco will get all the proceeds from the sale, but the company did not disclose how many shares will be sold in the offer.

  • 20 Feb, 2024

Juniper Hotels raises Rs 810 crore from anchor investors ahead of IPO

Foreign and domestic institutions who participated in the anchor round were Fidelity, Kotak Mahindra MF, Government Pension Fund (Norges), White Oak, Schroder, The Prudential Assurance Company(MNG), Invesco, ICICI Prudential Life, HDFC Life among others. Of the total anchor sale, 75 lakh equity shares were allotted to 7 domestic mutual funds through a total of 15 schemes amounting to Rs 270 crore, which makes up for 33.33% of the anchor book size.

  • 20 Feb, 2024

Juniper Hotels needs to turn its locational advantage into profit

Mumbai-based hotels company Juniper Hotels plans to raise Rs1,800 crore through a fresh issue of shares. Of this, Rs1,500 crore will be utilised to repay debt. The promoter group’s holding will fall to 77.5% after the IPO from 100%.

  • 20 Feb, 2024

Hindalco's arm Novelis files draft papers for US IPO

In the IPO, the common shares are expected to be offered by Novelis’ sole shareholder. Novelis will not receive any proceeds from the IPO and the public offering is expected to be completed after the SEC completes its review process.

  • 20 Feb, 2024

IPO-bound Unicommerce on overseas expansion spree

IPO-bound SaaS platform Unicommerce is expanding its overseas operations by onboarding more clients, a top official said on Tuesday. Unicommerce is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients.

  • 20 Feb, 2024

GPT Healthcare IPO to open on Thursday. What GMP signals ahead of subscription?

GPT Healthcare has fixed a price band of Rs 177-186 per share for its Rs 525-crore IPO. The issue closes on February 26. Investors can make bids for 80 shares in one lot and multiples thereafter. The proceeds will be used for prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and for general corporate purposes.

  • 20 Feb, 2024

Zenith Drugs IPO subscribed 2.12 times on Day 2. Check GMP and other details

Zenith Drugs IPO: The category reserved for retail investors was subscribed 6 times, while that for NIIs was booked 80%. In the unlisted market, the company's shares are trading at a premium of Rs 15.

  • 20 Feb, 2024

Esconet Tech's IPO booked 259 times so far on last day. Check GMP and other details

​Esconet Technologies' Rs 28-crore SME IPO has been garnering an overwhelming response from investors with an overall subscription of 259 times so far on Tuesday, the last day of the bidding process.

  • 20 Feb, 2024

Deem Roll Tech IPO: Check issue size, price band, GMP and other details

Deem Roll Tech IPO GMP: India is home to the fifth-highest reserves of iron ore in the world. Easy availability of low-cost manpower and presence of abundant iron ore reserves make India competitive in the global set up.

  • 19 Feb, 2024

Vibhor Steel Tubes GMP: Investors await a likely robust listing on Tuesday

Vibhor Steel Tubes IPO garnered a stellar response, receiving an oversubscription of 320 times. The grey market premium is currently sitting at Rs 140 compared with an issue price of Rs 151, indicating listing pop of over 90%.

  • 19 Feb, 2024

With 92 IPOs in Q4CY2023, Indian stock exchanges trump global markets in 2023

Of the 92 IPOs, 31 were main-board while the remaining 61 were from the small and medium enterprises (SMEs), according to a report published by EY India on Q4CY23’s top IPO trends.

  • 19 Feb, 2024

Kalahridhaan Trendz IPO: Check subscription on Day 3, GMP and other details

Kalahridhaan Trendz IPO is an entirely fresh equity issue of 49.9 lakh shares, aiming to raise Rs 22.5 crore. The company is offering its shares at Rs 45 apiece, and investors can bid for 3,000 shares in one lot.

  • 19 Feb, 2024

Thai Casting IPO booked 48 times on Day 3. Check GMP and other details

The IPO, which will close on February 20, is priced at Rs 77 at the upper end. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.

  • 19 Feb, 2024

Interiors & More IPO issue subscribed over 45% so far on Day 3. Check details

Interiors & More IPO is entirely a fresh issue of 1,850,400 shares. The maximum subscription amount for retail investors is Rs 2 lakh. They can subscribe to at least one lot comprising 600 equity shares. The retail investors have been allotted a quota of 615,600 shares.

  • 19 Feb, 2024

Atmatsco IPO subscribed 3.68 times so far on day 3. Check price, GMP other details

Atmatsco IPO will close for subscription on Tuesday. The IPO is a fresh issue and an offer for sale (OFS). The fresh issue comprises up to 54.80 lakh equity shares while aggregating up to Rs 42.19 crore. The total issue size is 7,305,600.

  • 19 Feb, 2024

GPT Healthcare sets price band of Rs 177-186 for its Rs 525-cr IPO

The IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II.

  • 18 Feb, 2024

Zenith Drugs IPO: Check issue size, price band, GMP and other details

The net proceeds from the public offer will be used for the purchase of machinery and setting up the new plant, existing manufacturing block upgradation, working capital requirements, and general corporate purposes.

  • 18 Feb, 2024

Juniper Hotels IPO opens on February 21. 10 things to know about Rs 1,800 cr offer

Juniper Hotels IPO: The issue is entirely fresh equity of Rs 1800 crore with no OFS component. The company has fixed a price band of Rs 342-360/share for its maiden public offer. Investors can bid for 40 shares in a lot and multiples thereafter.

  • 17 Feb, 2024

Gala Precision Engineering IPO: Precision component manufacturer files draft paper with SEBI

Gala Precision Engineering IPO has a fresh issue of up to 25.58 lakh shares and the OFS of up to 6.16 lakh equity shares. Up to 50% will be allocated to qualified institutional buyers (QIBs), 15% to non-institutional bidders and 35% to retail individual bidders.

  • 17 Feb, 2024

IPO calendar: 4 new issues, 7 listings to drive primary market activity next week

In the upcoming week, mainboard IPOs of Juniper Hotels and GPT Healthcare will hit the street to raise over Rs 2,000 crore. Meanwhile, SME companies Zenith Drugs and Dream Roll Tech are also scheduled to launch their issues.

  • 16 Feb, 2024

Kolkata-based GPT Healthcare announces IPO dates. Check details

The IPO, with a face value of Rs 10, consists of a fresh issue of equity shares, aggregating to Rs 40 crore, and an offer for sale (OFS) of up to 2.6 crore equity shares by BanyanTree Growth Capital II, LLC, a Mauritius-based structured private equity.

  • 16 Feb, 2024

GPT Healthcare's IPO to open on Feb 22; PE firm BanyanTree Growth Capital to exit

The IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore, and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II.

  • 16 Feb, 2024

Thai Casting IPO booked 7 times on Day 2. Check GMP and other details

The initial public offer (IPO) of Thai Casting was subscribed seven times on Friday, the second day of the bidding process. The category reserved for retail investors was booked 11.7 times, followed by NIIs at 3.8 times and QIB portion at 1.05 times.

  • 16 Feb, 2024

Interiors & More IPO issue subscribed 19% so far on day 2. Check details

Interiors & More IPO will end on February 20, Tuesday. The price band has been set at Rs 216-227 per equity share. The equity shares will be listed on the NSE Emerge platform.

  • 16 Feb, 2024

Atmatsco IPO subscribed 2.61 times so far on day 2. Check price, GMP other details

Atmatsco IPO is a fresh issue and an offer for sale (OFS). The fresh issue comprises up to 54.80 lakh equity shares while aggregating up to Rs 42.19 crore. The total issue size is 7,305,600.

  • 16 Feb, 2024

Esconet Technologies IPO: All you need to know about the public offer

The growing use of supercomputers in the research and development of drugs and increased biotechnology adoption is likely to fuel the market growth during the forecast period. The global supercomputer market is projected to increase at an impressive CAGR of 10.5% and hit a valuation of $19 billion by the end of 2033, up from $7 billion in 2023.

  • 16 Feb, 2024

Vibhor Steel Tubes IPO allotment: Check status, listing date, GMP and other details

The whole allotment process will be overseen by a registrar and investors will get the shares on a lottery basis. There are two ways in which investors can check whether they received any allotment after applying for the IPO

  • 16 Feb, 2024

Juniper Hotels' Rs 1,800-cr IPO to open on Feb 21 at Rs 342-360 a Share

Juniper Hotels is a luxury hotel development and ownership company; and is the largest owner, by number of keys, of "Hyatt" affiliated hotels in India as of last year.

  • 15 Feb, 2024

OTT player Ullu Digital files DRHP with BSE SME platform for IPO

​​According to reports, the issue size will likely be around Rs 135-150 crore, which will be the biggest ever for any SME company. The IPO is completely a fresh equity sale of 62.62 lakh shares with no offer for sale component.

  • 15 Feb, 2024

Entero Healthcare shares to list on Friday. What GMP signals ahead of D-St debut

In the unlisted market, the company's shares are trading with a marginal premium of Rs 2, which indicates a flat or even a discounted debut at the bourses. The IPO comprised a fresh equity issue of Rs 1,000 crore and an offer for sale of up to 47.69 lakh shares.

  • 15 Feb, 2024

Juniper Hotels sets price band of Rs 340-362 for its Rs 1,800-crore IPO

Juniper Hotels IPO is entirely a fresh equity issue with no offer for sale (OFS) component. Investors can bid for 40 shares in one lot and in multiples thereafter. About 75% of the IPO is reserved for qualified institutional buyers, 15% for non-institutional investors and the remaining 10% for retail investors.

  • 15 Feb, 2024

At 300 times, Vibhor Steel IPO becomes most subscribed issue of 2024

"The company focus will remain on improving operating efficiencies through technology enhancements which will strengthen the company's competitive position. Investors looking to invest, can invest in this IPO with a medium to long term perspective," said Master Capital.

  • 15 Feb, 2024

Atmatsco IPO: Check price, GMP other details

The issue is at a fixed price of Rs 77 per equity share. The equity shares will be listed on the NSE Emerge platform.

  • 15 Feb, 2024

Interiors & More IPO: Check price, issue timeline other details

The IPO is a completely fresh issue comprising 1,850,400 equity shares. Maximum subscription amount for retail investors is Rs 2 lakh.

  • 15 Feb, 2024

Kalahridhaan Trendz IPO: Check issue size, GMP, price band and other details

Kalahridhaan Trendz's IPO aims to raise Rs 22.4 crore through the issuance of 49.9 lakh shares at Rs 45 per share. The company engages in fabric manufacturing, trading, embroidery works, grey cloths, and printing and dyeing for suiting, shirting, and dress materials. The textile and apparel industry is projected to reach $190 billion by 2025-26.

  • 15 Feb, 2024

WTI Cabs IPO allotment: Check status, GMP, listing date and other details

WTI Cabs is finalizing its share allotment process for the IPO. Investors can check the allotment status on Beetal Financial and Computer Services website. The company's shares are trading at a premium in the unlisted market and are expected to list at a 52% premium. The IPO was highly subscribed with strong interest from non-institutional investors.