(Bloomberg) — Groupe Dynamite Inc., a Canadian retailer of women’s clothing, has hired banks for an initial public offering that’s likely to be marketed in the coming weeks, according to people familiar with the matter. The company is working with major Canadian financial institutions and a US bank on the offering, the people said. If … Read more
Sagility India, the healthcare service provider firm, on Monday, said that it has raised around ₹945.4 crore from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company’s exchange filing. As per the exchange filing, the company has allocated 31,51,34,668 or 31.51 crore equity shares to its … Read more
ACME Solar Holdings IPO: The ACME Solar IPO opens for subscription on Wednesday, 6 November. The declining Grey Market premium indicates towards weakening investor interest towards the Public issue. ACME Solar Holdings IPO: GMP or Grey Market premium for ACME Solar IPO sthat stood at ₹30 on Frriday however has declined to Nil on Monday. … Read more
Sagility BV, a subsidiary of EQT Private Capital Asia, raised ₹366 crore through the sale of a 2.61 per cent stakeholding in Sagility India Ltd, according to the company reported news portals on November 3. Nine institutional investors picked up a stake in Sagility India ahead of its initial public offering (IPO) set to open … Read more
With a six-decade legacy of delivering complex infrastructure projects, Afcons’ IPO presents a compelling opportunity for investors seeking exposure to India’s burgeoning infrastructure sector. But let’s examine the company’s strengths and challenges to assess its potential. Afcons plans to use the IPO proceeds to enhance its financial position. It will allocate ₹600 crore to repaying … Read more
India seems to have moved from the Coldplay ticket row to the pre-IPO investment gamble—Swiggy’s shares are being sold and re-sold for higher prices in the grey market. Investors have spent the last three years twiddling their thumbs, waiting for the younger half of India’s food-delivery duopoly to finally go public. And with Zomato’s stock, … Read more
According to data from primedatabase, as many as 104 SMEs (small and medium enterprises) have used BSE and the National Stock Exchange’s (NSE) SME platform to raise ₹3,405 crore in FY25 so far. This figure already surpasses half of the total funds raised by SMEs in FY24. Most of these IPOs are heavily oversubscribed, driven … Read more
Sodhani Academy of Fintech Enablers IPO: As subscription for the allotment for initial public offering ended on 17 September, allotment is to be finalised soon. The proposed date for listing of Sodhani Academy of Fintech Enablers shares is Friday, 20 September 2024 on BSE SME . T The registrant for the Sodhani Academy of Fintech … Read more
Osel Devices IPO: The issue that opened for subscription on on September 16, 2024, closes on 19 September. Here is the subscription status, GMP, key dates, all you need to know. Osel Devices IPO subscription status Osel Devices IPO subscribed 3.42 times on 16 September 2024 by 3:00 PM. The public issue subscribed 6.12 times … Read more
Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available. The IPO shares … Read more