On February 5, 2025, the bid for Ken Enterprises’ initial public offering (IPO) will open, and on February 7, 2025, it will conclude. Through selling up to 27,00,000 equity shares with a face value of ₹10 apiece and a new issue of ₹58.27 crores, this fixed-price issue aims to raise about ₹83.65 crores. The allocation…
A manufacturer and distributor of plastic goods, L.K. Mehta Polymers, provides various ropes and twines, such as packing twine (sutli), tape ropes, decline ropes, monofilament ropes, and baler twines. Granules of polypropylene and polyethylene are among the raw materials that the firm trades and reprocesses. L.K. Mehta Polymers offers a wide range of plastic goods…
On Monday, January 13, Standard Glass Lining Technology shares debuted at ₹172 on the NSE, up 22.8% from the issue price of ₹140. On BSE, it was listed for ₹176, up 25.71%. Standard Glass Lining’s ₹410 crore IPO was offered for subscriptions from January 6 to January 8. The IPO price band was set at…
Jyoti CNC Automation, one of the major producers of metal-cutting computer numerical control equipment, has generously rewarded its shareholders since its debut, with shares steadily rising and smashing new records month after month. In January 2024, the shares were worth ₹553 each. Today, they are worth ₹1,366 each share, a 147% increase. The stock has…
Maharashtra Natural Gas (MNGL), a joint venture between BPCL, GAIL, and IGL, plans to raise over ₹1,000 crore through an IPO, according to a company filing by BPCL on January 6. The board has given preliminary approval for the offering. “We would however like to mention that there has been a news report that MNGL,…
Today, Transrail Lighting made its debut on the stock market, listed on the NSE at Rs 590, 37% higher than its initial public offering price of Rs 432 per share. The shares were listed on the Bombay Stock Exchange (BSE) at Rs 585.15 each. As the IPO was oversubscribed 81 times, the market debut is…
Technology-driven engineering services and solutions provider Neilsoft has submitted draft documents to capital markets watchdog Sebi to raise money through an IPO. According to the draft red herring prospectus (DRHP) submitted on Thursday, the Pune-based company’s initial public offering (IPO) consists of an offer for sale (OFS) of 80 lakh shares by promoters and other…
In the wake of a disruptive political crisis in South Korea, Asian markets saw a decline in trading on Wednesday. Global markets were shaken and regional uncertainty increased by President Yoon Suk Yeol’s abrupt declaration of emergency martial law, which was ultimately lifted within hours. Markets in South Korea saw steep drops, with the Kosdaq…
Abha Power and Steel Limited’s share price was floated on the NSE SME at ₹81.90, a respectable 9.2% premium. However, the shares then reached a lower circuit. However, the share price of Abha Power and Steel is below what the market anticipates. The subscription interest and the Grey market premium showed that the investors had…
Subscriptions for Abha Power and Steel’s initial public offering (IPO) began on November 27 at a fixed issue price of ₹75 per share. Due to robust buying activity from individual investors, the IPO easily survived the first day. On Friday, November 29, the maker of iron and steel products will complete its public offer for…