Automotive component manufacturer Divgi TorqTransfer Systems on Monday said it has fixed a price band of Rs 560-590 a share for its Rs 412-crore initial public offering (IPO). The initial share-sale will be open for public subscription during March 1-3. The bidding for anchor investors will open on February 28. The IPO comprises fresh issue [...]
Shares of Sah Polymers on Thursday listed with a premium of nearly 31 per cent on the stock exchanges against the issue price of Rs 65. The stock made its debut at Rs 85, reflecting a jump of 30.76 per cent from the issue price on the BSE. It further rallied 36.92 per cent to [...]
Shares of Radiant Cash Management Services made its market debut with nearly 10 per cent premium against the issue price of Rs 94. The stock listed at Rs 99.30, registering a gain of 5.63 per cent against the issue price on the BSE. It further jumped 15.37 per cent to Rs 108.45. At the NSE, [...]
The Initial Public Offer (IPO) of Sah Polymers was subscribed 2.37 times on the second day of subscription on Monday. The IPO received bids for 1,33,06,420 shares against 56,10,000 shares on offer, according to NSE data. The category meant for Retail Individual Investors (RIIs) was subscribed 7.46 times, while the portion for non-institutional investors received [...]
Shares of electronics manufacturing services company Elin Electronics made a muted market debut on Friday, listing with a discount of nearly 2 per cent, against the issue price of Rs 247. The stock made its debut at Rs 243, a decline of 1.61 per cent against the issue price on the BSE. It later fell [...]
Shares of KFin Technologies made a muted market debut on Thursday and listed on a flat note. The stock made its debut at Rs 369, higher by just 0.81 per cent, against the issue price of Rs 366 on the BSE. It later hit a high of Rs 369.40 and a low of Rs 352.65. [...]
The initial public offer of Radiant Cash Management Services was subscribed 11 per cent on the second day of subscription on Monday. The initial share-sale received bids for 29,76,450 shares against 2,74,29,925 shares on offer, as per NSE data. The category meant for Qualified Institutional Buyers (QIBs) was subscribed 16 per cent, while the portion [...]
Shares of automobile dealership chain Landmark Cars made a weak market debut on Friday, listing nearly 7 per cent lower against the issue price of Rs 506. The stock listed at Rs 471.30, a discount of 6.85 per cent on the BSE. It further dipped 11.76 per cent to Rs 446.45. At the NSE, the [...]
Radiant Cash Management Services on Tuesday said it has fixed a price band of Rs 94 to Rs 99 a share for its Rs 388-crore initial public offering. The initial share-sale will open for public subscription during December 23-27, the company said in a statement. The IPO comprises fresh issue of shares worth up to [...]
Fintech player Zaggle Prepaid Ocean Services Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering. The IPO (initial public offering) comprises fresh issue of equity shares worth Rs 490 crore and an offer for sale (OFS) component of 1.05 crore stocks by promoters, investors and other [...]
