[ad_1] Dar Credit and Capital IPO: The ā¹26 crore SME initial public offer (IPO) of Dar Credit and Capital, which opened for subscription on May 21, closed today. Dar Credit and Capital IPO recorded blockbuster subscription numbers, with the issue garnering over 100 times bids at the end of the three-day bidding period amid strong…
[ad_1] The market regulatorās rare order barring First Overseas Capital Ltd (FOCL) from taking on any new initial public offer (IPO) assignments after uncovering alleged fund diversion from an IPO may signal increased scrutiny of merchant bankers to shore up investor trust, according to experts. The interim order, issued on 6 May by the Securities…
[ad_1] The capital market regulator also barred the merchant banker involved from taking up new initial public offering (IPO) assignments. In a strongly-worded interim order issued on Tuesday, Sebi accused the two entities (the company and the merchant banker) of gross misuse of investor funds, including routing ā¹2 crore to an individual who used the…
[ad_1] Upcoming IPO: Gurugram-based pathology and imaging firm Modern Diagnostic & Research Centre Ltd filed its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchanges Board of India (SEBI) on Monday, April 1. The company started its pathology and imaging operations in 1985 from New Railway Road in Gurugram, and since then,…
[ad_1] LK Mehta Polymers IPO listing: LK Mehta Polymers shares made a flat debut on Friday, February 21, listing at ā¹71.10 on BSE SME, up just 0.14 percent to its issue price of ā¹71. LK Mehta Polymers’ initial public offering (IPO), valued at ā¹7.38 crore, was open for subscription from February 13 to February 17….
[ad_1] Landmark Immigration Consultants IPO, opened for subscription on Thursday, January 16. The ā¹40.32 crore book-built issue is garnering a strong response from investors. The grey market premium for the Landmark Immigration Consultants IPO is also signalling a healthy demand for the SME issue in the grey market. Landmark Immigration Consultants IPO Subscription Status Landmark…
[ad_1] Barflex Polyfilms initial public offering (IPO) opened for subscription on January 10. The small and medium enterprise (SME) IPO was fully subscribed on the first day of bidding. Barflex Polyfilms specializes in producing flexible packaging materials, including barrier COEX films, laminates, and PVC (polyvinyl chloride) labels. These versatile products meet the packaging needs of…
[ad_1] Indian stock market investors should capitalize on the growth potential of midcap and smallcap segments while having defensives like largecap pharma, IT and consumer in their portfolio, said Vikram Kasat, Head – Advisory, PL Capital – Prabhudas Lilladher. In an interaction with Livemint, Kasat said there is more valuation comfort in largecap stocks and…
[ad_1] Upcoming IPO: Nisus Finance Services Co Limited has filed a Draft Red Herring Prospectus (DRHP) to launch its initial public offering (IPO). The company filed its DRHP at BSE, which means the NBFC aims to launch a BSE SME IPO. The upcoming IPO consists of equity shares with a face value of ā¹10, of…
[ad_1] Forcas Studio IPO: Men’s clothing company Forcas Studio Ltd is set to launch its initial public offering (IPO) next week to raise more than ā¹37 crore from the primary markets. Forcas Studio sells its products through an online platform under the brand name of āFTXā, āTribeā and āConteno. Forcas Studio IPO will open for…
