IPO: Page 5

Entrepreneurs

With Eyes in the Sky: How ideaForge Was Born and Became Public in 2023

ideaForge has the largest operational deployment of indigenous UAVs across India, with an ideaForge manufactured drone taking off every five minutes on average for surveillance and mapping applications as of March 31, 2023. The company got listed in BSE and National Stock Exchange at INR 1,305.10 and INR 1,300 per share, respectively.

News and Trends

Arkade Developers Limited Files DRHP With SEBI

The company proposes to utilize the net proceeds towards development of their ongoing projects, and their upcoming projects; and funding acquisition of future projects

News and Trends

Aeroflex Industries IPO Lists At 83% Premium

Incorporated in 1993, Aeroflex Industries manufactures and supplies environment-friendly metallic flexible flow solution products

Money & Finance

How to Prepare a Company to Go Public in a Volatile Market

Wondering whether now is the right time? Read on.

News and Trends

Doms Industries Limited Files DHRP With SEBI, Aims To Raise INR 1200 Crore Via IPO

The funds raised through the fresh issue are proposed to be utilized for the part funding of the cost of establishing a new manufacturing facility to expand the company's production capabilities

News and Trends

Jio Financial Services Lists on BSE and NSE

The IPO consists of 6,35,32,84,188 Equity shares of INR 10 each allotted pursuant to the Scheme of Arrangement.

News and Trends

Cello World Files INR 1750 Crore IPO Papers With SEBI

The maiden public issue is a complete offer for sale (OFS) of up to INR 1,750 crore by promoters and other selling shareholders with no fresh issue of equity share component, according to the draft red herring prospectus (DRHP)

News and Trends

Yudiz Solutions Ltd To Open Its Rs 44.84 Crore IPO on August 4

In March, the company filed and got the DRHP approval and in May, it got the nod from NSE. Notably, the IPO will make it the first company in the combined spaces of blockchain, AI and gaming to get publicly enlisted.

News and Trends

Matrix Gas Concludes Pre-IPO Fundraising And Files DRHP For IPO

The company proposes to utilize the net proceeds from the fresh issue primarily towards meeting the working capital requirements for sourcing natural gas, rLNG and importing LNG cargoes

News and Trends

Utkarsh Small Finance Bank's Subscription Opens Today

USFB is aiming to raise INR 500 crore through its IPO and will get listed on the BSE. The IPO will consist fully of fresh issues with a face value of INR 10 and an offer price of INR 23-25.

News and Trends

Strong Debut! Cyient DLM Lists at a Premium of 52% Over the Issue Price

It was listed on the BSE at INR 401, and on NSE at INR 403 today, an over 50 per cent jump on the price band initially offered.

News and Trends

ideaForge Lists at a Premium of 94% at BSE

It was listed at INR 1,305.10 per share at the BSE and INR 1,300 per share at the National Stock Exchange against a price band of INR 638 to INR 672 offered by the drone manufacturers at the time of opening its initial public offering

News and Trends

Veefin Solutions Lists at BSE SME at a Premium

The IPO consists of 56,99,200 shares with a face value of INR 10, priced at INR 82 for a total of INR 46.73 crore. The minimum lot size is 1600 shares, which will equate to INR 1,31,200 per application.

News and Trends

SEBI Reduces IPO Listing Time To 3 Days

According to reports, the revised timeline of T+3 days will be made applicable in two phases

News and Trends

Cyient DLM To Open Its Rs 592 Crore IPO on June 27

Cyient aims at allocating 75 per cent of the Net Issue for qualified institutional bidders (QIBs), with 15 per cent being reserved for non-institutional bidders. The remaining ten per cent shall be allotted to retail investors.