United Heat Transfer IPO Day 1: United Heat Transfer IPO received strong interest on the first day of bidding, with an overall subscription of 1.24 times by 2:30 PM on Tuesday, October 22, 2024. The retail category was subscribed 1.32 times, while qualified institutional buyers (QIBs) showed the most enthusiasm, with a 1.74 times subscription. … Read more
Usha Financial Services IPO GMP: The grey market premium (GMP) for Usha Financial Services IPO surged from ₹18 to ₹40 after the company revealed its price band. The SME IPO, aiming to raise ₹98.45 crore, will open for subscription on October 24 and close on October 28. The price band is set at ₹160 to … Read more
Shiv Texchem IPO Day 2 subscription status: The Shiv Texchem initial public offering (IPO) continued to attract strong investor interest on its second day of subscription. As of 1:55 pm on October 9, the issue was subscribed 7.67 times across all categories, showing promising momentum. The retail investors led the demand with 9.94 times subscription, … Read more
Mumbai: Rising scrutiny on the flurry of small enterprises going public finally has Exhibit One: TrafikSol ITS Technologies Ltd. On Tuesday, BSE postponed the listing of TrafikSol shares after investor complaints reached the market regulator, a person aware of the matter said. The complaints pertained to Trafiksol’s plans to use the ₹44.87 crore raised from … Read more
Upcoming IPO: Nisus Finance Services Co Limited has filed a Draft Red Herring Prospectus (DRHP) to launch its initial public offering (IPO). The company filed its DRHP at BSE, which means the NBFC aims to launch a BSE SME IPO. The upcoming IPO consists of equity shares with a face value of ₹10, of which … Read more
Ready-to wear clothing manufacturing Kizi Apparels initial public offerings (IPO) opened for subscription on July 30, 2024 and will close on August 1, 2024. The small and medium enterprise (SME) was subscribed over 4.58 times on the first day of bidding. Founded in March 2023, Kizi Apparels Limited specializes in the production and sale of … Read more
Indian stock market after the Union Budget 2024 announcement is set to witness the launch of two new initial public offerings (IPOs) and the listing of two companies in the coming week. Dalal Street is expected to witness the issue of the two pharmaceutical sector IPOs, one EV maker IPO, and one SME IT company … Read more
1:10 Stock split effect: As Rome was not built in a day, a stock market investor can’t become rich overnight. It is often said that money is not in buying and selling stocks but in waiting. This rule also applies to an IPO (Initial Public Offering) investor. If an IPO investor is convinced about a … Read more
Multibagger IPO: For a smart equity investor, the investment strategy for an initial public offering (IPO) is not much different from the stock investment strategy because investing in an IPO is like investing in a stock. So, one should try and hold the stock after share allocation as long as one can. This enables an … Read more
KP Green Engineering IPO: The initial public offering (IPO) of steel products manufacturer KP Green Engineering Ltd is witnessing strong demand as seen in the subscription status. The ₹189.50 crore KP Green Engineering IPO has been oversubscribed heavily led by retail investors. KP Green IPO is an SME IPO that opened for bidding on March … Read more