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IPO Corner

IPO Corner

In July 2022, RK Swamy and BBDO, a top multinational agency, which is part of the Omnicom group, decided to separate ways after operating together for 37 years.
Updated : Aug 12, 2023

RK Swamy files DRHP with Sebi, first ever IPO by an integrated marketing services group

The initial public offering of the firm comprises a fresh issue aggregating up to Rs 215 crore and an offer for the sale of up to 8,700,000 equity shares by selling shareholders.

The Chennai-based company intends to raise Rs 880 crore from its primary stake sale, which includes a fresh equity share sale of Rs 600 crore.
Updated : Aug 11, 2023

TVS Supply Chain IPO booked 75% on day 2 so far, retail portion subscribed 2.66x

TVS Supply Chain Solutions provides supply chain management services for international organizations, government departments, and large and medium-sized businesses.

Concord Biotech is a homegrown research and development driven biopharma company, ranked among the leading global developers and manufacturers of select fermentation-based APIs.
Updated : Aug 11, 2023

Concord Biotech IPO allotment today: Check your application status & latest GMP

The IPO of Concord Biotech was sold in the range of Rs 705-741 apiece, was overall subscribed 24.87 times and was sold between August 4 to August 8.

The Chennai-based company intends to raise Rs 880 crore from its primary stake sale, which includes a fresh equity share sale of Rs 600 crore
Updated : Aug 10, 2023

TVS Supply Chain IPO booked 23% on day 1 so far, retail portion fully subscribed

TVS Supply Chain Solutions provides supply chain management services for international organizations, government departments, and large and medium-sized businesses

Incorporated in 2008, SBFC Finance is a non-banking finance company which provides secured MSME loans and loans against gold to its customers
Updated : Aug 10, 2023

SBFC Finance IPO allotment today: Check your application status & latest GMP

The IPO of SBFC Finance was sold in the range of Rs 54-57 apiece, was overall subscribed 74.06 times and was sold between August 3 to August 7

The Chennai-based company intends to raise Rs 880 crore from its primary stake sale, which includes a fresh equity share sale of Rs 600 crore.
Updated : Aug 10, 2023

TVS Supply Chain IPO opens today: Should you subscribe to the issue?

TVS Supply Chain Solutions provides supply chain management services for international organizations, government departments, and large and medium-sized businesses.

The reduction in timelines for listing and trading of shares will benefit both issuers as well as investors
Updated : Aug 09, 2023

Sebi halves IPO listing time to 3 days to benefit investors, issuers

The new listing timeframe will be voluntary for all public issues opening on or after September 1 and mandatory for all the issues which come after December 1, the Securities and Exchange Board of India (Sebi) said in a circular.

Incorporated in 2008, SBFC Finance is a non-banking finance company which provides secured MSME loans and loans against gold to its customers.
Updated : Aug 09, 2023

SBFC Finance IPO allotment: Here are two ways you can check your application status, GMP

The IPO of SBFC Finance was sold in the range of Rs 54-57 apiece, was overall subscribed 74.06 times and was sold between August 3 to August 7.

: The issue consists of an offer for sale of up to 2.09 crore equity shares, which is entirely an offer-for-sale by its selling shareholder Hellix Investment Holdings.
Updated : Aug 08, 2023

Concord Biotech IPO subscribed 14.23 times on day 3 so far, issue closes today

Incorporated in 1984, Concord Biotech is a homegrown R&D driven biopharma firm among the global developers and manufacturers of select fermentation-based APIs.

Incorporated in 2013, Oriana Power provides solar energy solutions. They offer their services to industrial and commercial customers.
Updated : Aug 07, 2023

Oriana Power IPO allotment: Here's how you can check your application status

The company fixed a price band of Rs 115 to Rs 118 per equity share. The tentative date for share allotment is August 9 and the listing date is August 11

The IPO will make Yudiz Solutions, the first company in the combined space of blockchain, AI and gaming to publicly enlist.
Updated : Aug 07, 2023

Yudiz IPO sails through on day 2; NAV Capital, Resonance among anchor investors

Incorporated in 2012, Yudiz Solutions is a blockchain, AI and gaming focused enterprise solutions technology company, which provides IT solutions and consultancy services.

The issue consists of an offer for sale of up to 2.09 crore equity shares, which is entirely an offer-for-sale by its selling shareholder Hellix Investment Holdings.
Updated : Aug 07, 2023

Concord Biotech IPO subscribed 1.6 times on the second day so far

Incorporated in 1984, Concord Biotech is a homegrown R&D driven biopharma firm among the global developers and manufacturers of select fermentation-based APIs.

Incorporated in 2008, SBFC Finance is a systemically important NBFC, which provides its services in the form of secured MSME loans and loans against gold.
Updated : Aug 07, 2023

SBFC Finance IPO subscribed 18.26 times on day 3 so far, QIB & NIIs lead the bidding

The initial public offering (IPO) of SBFC Finance will open for subscription on Thursday, August 3 and the issue can be subscribed till Monday, August 7, 2023.

It’s raining IPOs in India: BSE, NSE lead the world in public offering count in 2023
Updated : Aug 07, 2023

It’s raining IPOs in India: BSE, NSE lead the world in public offering count in 2023

There were 32 IPOs in the SME space in Q2, which represents a 78 per cent increase compared with the previous year

 Incorporated in 2008, Yatharth Hospital is a hospital chain which operates four-super specialty hospitals located in Noida, Greater Noida, and Noida Extension.
Updated : Aug 07, 2023

Yatharth Hospital shares disappoint at D-Street debut, stock lists at 2% premium at Rs 306.10

The IPO of Yatharth Hospital, a Delhi-NCR based multi-care hospital chain, was sold in the range of Rs 285-300 apiece, between July 26-28 with a lot size of 50 shares.

The issue consists of an offer for sale of up to 2.09 crore equity shares, which is entirely an offer-for-sale by its selling shareholder Hellix Investment Holdings.
Updated : Aug 04, 2023

Concord Biotech IPO subscribed 25% in first three hours; employees lead bidding process

Incorporated in 1984, Concord Biotech is a homegrown R&D driven biopharma firm among the global developers and manufacturers of select fermentation-based APIs.

Incorporated in 2008, SBFC Finance is a systemically important NBFC, which provides its services in the form of secured MSME loans and loans against gold.
Updated : Aug 04, 2023

SFBC Finance IPO subscribed 3.28 times on day 2 so far; NIIs & retailers lead bidders

The initial public offering of SBFC Finance will open for subscription on Thursday, August 3 and the issue can be subscribed till Monday, August 7, 2023.

The issue consists of an offer for sale of up to 2.09 crore equity shares, which is entirely an offer-for-sale by its selling shareholder Hellix Investment Holdings.
Updated : Aug 04, 2023

Concord Biotech IPO opens today: Should you subscribe to shield your portfolio?

Incorporated in 1984, Concord Biotech is a homegrown R&D driven biopharma firm among the global developers and manufacturers of select fermentation-based APIs.

SEBI puts NSDL's proposed Rs 3,000-crore IPO under abeyance, says report
Updated : Aug 03, 2023

SEBI puts NSDL's proposed Rs 3,000-crore IPO under abeyance: Report

NSDL will write to SEBI to reduce abeyance period to 45 days from 90 days, said the report

The company fixed a price band of Rs 115 to Rs 118 per equity share. The tentative date for share allotment is August 9 and the listing date is August 11
Updated : Aug 03, 2023

Oriana Power IPO subscribed over 170 times. Check GMP, allotment date, listing date, subscription, other details here

The company fixed a price band of Rs 115 to Rs 118 per equity share. The tentative date for share allotment is August 9 and the listing date is August 11

Incorporated in 2008, Yatharth Hospital is a hospital chain which operates four-super specialty hospitals located in Noida, Greater Noida, and Noida Extension.
Updated : Aug 03, 2023

Yatharth Hospital IPO grey market premium corrects after allotment; check details

The IPO of Yatharth Hospital, a Delhi-NCR based multi-care hospital chain, was sold in the range of Rs 475-500 apiece, between July 26-28 with a lot size of 50 shares.