New Delhi, Dec 24 (PTI) Hexagon Nutrition has filed preliminary papers with capital market regulator Sebi to raise up to Rs 600 crore through an initial public offering (IPO). Mumbai-based Hexagon Nutrition is a fully integrated company engaged in product development and marketing, including research and development and nutrition manufacturing.The company's public issue consists of [...]
New Delhi, Dec 24 (PTI) Shares of Data Patterns (India) Ltd, which supplies electronic systems to defence and aerospace sector, on Friday listed with nearly 48 per cent higher against the issue price of Rs 585 and settled with 29 per cent gains. The stock listed at Rs 864, reflecting a premium of 47.69 per [...]
New Delhi, Dec 24 (PTI) Shares of Data Patterns (India) Ltd, which supplies electronic systems to defence and aerospace sector, on Friday listed with nearly 48 per cent gains against the issue price of Rs 585. The stock listed at 864, reflecting a premium of 47.69 per cent from the issue price on BSE. Shares [...]
New Delhi, Dec 23 (PTI) Cash management company CMS Info Systems Limited's initial public offering was subscribed 1.95 times on the last day of subscription on Thursday.The IPO received bids for 7,32,71,721 shares against 3,75,60,975 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) was subscribed 2.15 times, while Qualified Institutional [...]
New Delhi, Dec 23 (PTI) Shares of Medplus Health Services on Thursday listed with a premium of nearly 31 per cent against the issue price of Rs 796 and settled with a gain of nearly 41 per cent. The stock listed at Rs 1,015, a gain of 27.51 per cent against the issue price on [...]
Mumbai, Dec 23 (PTI) The primary issue market has hit an all-time high with 63 corporates raising Rs 1,18,704 crore through main-board initial public offerings (IPOs) so far in 2021, which is nearly 4.5 times more than the Rs 26,613 crore raised through 15 issues in 2020 and almost double of the previous best of [...]
New Delhi, Dec 23 (PTI) Shares of Medplus Health Services on Thursday listed with a premium of nearly 31 per cent against the issue price of Rs 796. The stock listed at Rs 1,015, a gain of 27.51 per cent against the issue price on BSE. It further zoomed 40.69 per cent to Rs 1,119.95. [...]
New Delhi, Dec 22 (PTI) The initial public offering of cash management company CMS Info Systems Limited was subscribed 66 per cent on the second day of subscription on Wednesday.The IPO received bids for 2,47,38,294 shares against 3,75,60,975 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) received 1.30 times subscription, [...]
New Delhi, Dec 22 (PTI) Shares of footwear retailer Metro Brands on Wednesday listed with a discount of nearly 13 per cent from the issue price of Rs 500 and settled over 1 per cent lower.The stock listed at Rs 436, a decline of 12.8 per cent against the issue price on BSE. During the [...]
SEBI Chairman Ajay Tyagiurged merchant bankers to engage in wider consultations and maintain a balance between issuers’ aspirations and investors’ interests.Listing prices of a few IPOs saw a steep slump as compared to their issue price.It may be an opportune time for AIBI to reflect upon and review the standards of due diligence adopted by [...]
