Kross Ltd also known as Kross Manufacturers (India) Private Limited, the automotive parts manufacturer, on Friday, said it has raised around ₹150 crore ( ₹149.99 crore) from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company press release. As per the exchange filing, the company has … Read more
Baazar Style Retail IPO Listing: The initial public offering (IPO) of Baazar Style Retail saw strong demand for investors during its subscription period. The Rekha Jhunjhunwala-backed Baazar Style Retail IPO listing date is today and the shares will be listed on BSE and NSE. Baazar Style Retail IPO opened on August 30 and closed on … Read more
Interarch Building Products Limited’s share price surged over 4 per cent on September 5 during the early trading session following two major announcements. The building products manufacturer scheduled a board meeting to review financial results and inaugurated a new manufacturing plant in Andhra Pradesh. Interarch Building’s share price was trading in the green, up 4.31 … Read more
In complete contrast to the conventional rules of investing, a recently released Sebi study showed that retail investors sell nearly half of their holdings in initial public offerings (IPOs) within a week. Individual investors sold 50 per cent of the shares allotted to them by value within a week of listing and 70 per cent … Read more
The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) plans for three companies, which include SK Finance, Belstar Microfinance, and Transrail Lighting. The market regulator issued observation letters to these companies on August 30. Sebi regulations require every company that wishes to issue an IPO to make a rights … Read more
Bajaj Housing Finance Limited’s initial public offering (IPO) will open for subscription on September 9, 2024. The non-banking financial company (NBFC) seeks to raise ₹6,560 crore from the public issue. Bajaj Housing Finance Ltd. falls under the Reserve Bank of India’s (RBI)“Upper-layer” NBFC. To comply with RBI’s norms, NBFC’s in this layer have to be … Read more
Jay Bee Laminations Limited IPO: The Initial Public offering that opened for subscription on 27 August and closed on 29 August received stong response. The IPO of Jay Bee Laminations was subscribed 113.95 subscriptions while reatil category received almost 88 times subscription. The allotment for Jay Bee Lamination is to be out soon. The registrar … Read more
The initial public offering (IPO) of Interarch Building Products has seen robust demand from both retail and non-institutional investors on its first day of bidding. The IPO, which opened today and is set to close on Wednesday, August 21, was fully subscribed just hours after the bidding began. By 3:30 p.m., the IPO had received … Read more
Stock market investors have shown a strong response to Unicommerce eSolutions Ltd’s initial public offering (IPO), with all three categories—Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors—displaying over-the-top bidding figures on the third day of the public issue. As per the data collected from the Bombay Stock Exchange (BSE) website, the public issue … Read more
Sahaj Solar IPO Allotment: The initial public offering (IPO) of renewable energy solutions provider Sahaj Solar Ltd received stellar demand from investors. As the subscription period has now ended, investors await the Sahaj Solar IPO allotment which is expected to be finalised today. Sahaj Solar IPO opened on July 11 and closed on July 15. … Read more