The quota for QIBs got subscribed 240.79 times, while non-institutional investors subscribed the offer 142.28 times, category for retail individual investors (RIIs) fetched 30.74 times subscription
The initial public offering (IPO) of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription
The strong demand from investors is on the back of high grey market premiums. All three will make their debut next week
As investors await further details, here is a comprehensive analysis of the strengths, weaknesses, opportunities, and threats of the NTPC Green Energy, as described in the DRHP papers
The IPO boom comes as India's rapid economic expansion makes it a bright spot amid challenges facing peers such as China
Northern Arc Capital IPO, which opened for public subscription on Monday, September 16, 2024, closes today
Senior management of the company confirmed the development, but the spokesperson declined to comment
The Rs 410-crore initial share sale received bids for 69,94,46,440 shares against 2,37,75,719 shares on offer, according to NSE data
The company may consider raising up to Rs 200 crore in a pre-IPO placement. If such placement is completed, the fresh issue size will be reduced
As part of the OFS, promoter Chitra Pandyan will offload the shares of the IPO-bound company
Company's issue had garnered bids over Rs 10,000 cr; participants approached Sebi alleging irregularities
The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription
The quota for non-institutional investors received 21.71 times subscription while the Retail Individual Investors (RIIs) part got subscribed 10.82 times
Quadrant Future Tek IPO is an entirely fresh issue of shares with a face value of Rs 10 per equity share, aggregating up to Rs 275 crore
Arkade Developers IPO has received bids for a whopping 25,68,35,810 shares, against 2,37,75,719 shares offered, resulting in an oversubscription of 10.80 times so far
Gaur said the company has set a target to expand its business of development of housing projects across the Delhi-NCR market
PMEA Solar IPO: The funds raised through the fresh issue will be allocated towards capital expenditure and debt repayment
The grey market premium of Northern Arc Capital continues to move northward as the company's shares are quoted commanding a GMP of 68 percent from the upper end of the issue price
P N Gadgil makes strong maket debut with over 73 per cent premium but soon pare gains
BHF's strong debut follows strong demand for its shares during its Rs 6,560 crore IPO, which saw 67 times more demand than shares on offer and garnered record Rs 3.2 trillion worth of bids