Vraj Iron IPO: Shares list at 16% premium; know analysts views
Vraj Iron's public issue worth ₹171 crore comprised only fresh issue of 1,710 million shares; IPO was subscribed to 119.04 times
Vraj Iron's public issue worth ₹171 crore comprised only fresh issue of 1,710 million shares; IPO was subscribed to 119.04 times
Stanley Lifestyles receives bids for 98.3 crore shares against 1.02 cr on offer on final day; ABD opens on a good note as bids placed for 1.9 cr shares against 3.9 cr on offer
The Haryana-based piping solutions company looks to raise ₹418 crore at the upper end of the IPO price band.
Issue receives strong interest from non-institutional investors, with quota subscribing 11.72 times
QIBs lead from the front as the quota subscribed 48 times after 109 cr shares were bid for against 2.25 cr on offer
A total of 97 anchor investors take part in the anchor book; they have been allocated 3.37 cr shares at ₹570 apiece
The IPO is a mix of fresh issue of shares up to ₹1,250 crore and an offer for sale (OFS) of up to ₹5,750 crore by Goswami Infratech Private Limited.
P N Gadgil Jewellers looks to raise up to ₹1,100 crore via the IPO route, while Crizac plans to garner up to ₹1,000 crore from the public issue.
Among main board IPOs, the public issue of ₹4,326 crore by Mankind Pharma was the largest in FY24, followed by Tata Tech (₹3,043 cr) and JSW Infra (₹2,800 cr).
Krystal Integrated Services raised ₹300 crore from IPO, which was subscribed 13.49 times