April 4, 2025April 4, 2025 Shares of Mazagon Dock Shipbuilders Ltd dropped more than 6% on Friday, 4 April, following the government’s announcement of an offer to sell a 4.83% stake in the state-run defence company. According to a stock market announcement, the Indian government would sell up to…
The Sahasra Electronics Solutions Initial Public Offering (IPO) is a book-built offering amounting to Rs 186.16 crores. It comprises a fresh issue of 60.78 lakh shares valued at Rs 172.01 crores and an offer for sale (OFS) for 5 lakh shares totalling Rs 14.15 crores. Subscription for the Sahasra Electronics Solutions IPO commences on September…
PN Gadgil Jewellers has raised Rs 330 crore from anchor investors by allotting 68.74 lakh shares to 25 anchor investors ahead of the issue opening on Tuesday. The shares were allotted at the upper end of the price band of Rs 480 per share. Out of the total anchor book, about 33.54 lakh shares were…
The two-day offer for sale (OFS) of General Insurance Corp of India was fully subscribed on Thursday – the final day of the issue. The base issue was lapped up but there was no demand for the shares set aside under the green shoe option with the retail investor portion remaining under-subscribed. While the non-retail…
Tolins Tyres IPO aims to raise Rs 230.00 crores through a book-built issue. It comprises a fresh issue of 0.88 crore shares worth Rs 200.00 crores and an offer for sale of 0.13 crore shares worth Rs 30.00 crores. The subscription for Tolins Tyres IPO commences on September 9, 2024, and ends on September 11,…
August 20, 2024August 20, 2024 Hindustan Zinc Limited is a subsidiary of Vedanta Limited, which is ranked as one of the companies with the highest dividend payouts. On August 20, mining major Hindustan Zinc announced its decision to distribute a second interim dividend of Rs 19 per share for…
Orient Technologies IPO is a book-built offering worth Rs 214.76 crores. It comprises a fresh issue of 0.58 crore shares totalling Rs 120.00 crores and an offer for sale of 0.46 crore shares totalling Rs 94.76 crores. Orient Technologies’ IPO subscription commences on August 21, 2024, and concludes on August 23, 2024. IPO allotment is…
Introduction to Saraswati Saree Depot Ltd IPO Incorporated back in the year 1996, Saraswati Saree Depot is coming out with a book of Rs 160.01 crore, comprising a fresh issue of 0.65 crore shares and an offer-for-sale of 0.35 crore shares. The Initial Public Offering (IPO) will issue on 12th August, 2024 and close on…
Introduction to Unicommerce eSolutions Ltd. IPO Incorporated in February 2012, Unicommerce eSolutions is issuing a book of Rs 276.57 crore, which is an offer-for-sale of over 2.56 crore shares. The Initial Public Offering (IPO) will issue on 6th August, 2024, and close on 8th August, 2024. The Unicommerce eSolutions Ltd. IPO subscription consists entirely of…
Allied Blenders and Distillers Limited is set to enter the capital market with an Initial Public Offering (IPO) of 53,380,783 Equity Shares of Rs 2, with a total value of Rs 1,500 Crore via Fresh issue of Rs 1000 crore and Offer for Sale of Rs 500 crore. The offering price (Allied blenders and distillers…