Niva Bupa, Paras Healthcare get SEBI approval for IPOs
Niva Bupa Health Insurance had filed its DRHP with the SEBI on June 29 this year, while Paras Healthcare submitted IPO papers on July 31.
Niva Bupa Health Insurance had filed its DRHP with the SEBI on June 29 this year, while Paras Healthcare submitted IPO papers on July 31.
The 1-month lock-in period will expire for 11 stocks, including Bajaj Housing Finance, Diffusion Engineers, Tolins Tyres, Kross, and Western Carriers.
As many as 17 companies (main board and SME) submitted their IPO documents with the SEBI in a single day on September 30.
NTPC Green Energy has filed DRHP with the SEBI to raise ₹10,000 crore via IPO, which is touted to be India’s largest in 2024.
Ahead of opening of the IPO, shares of Bajaj Housing Finance were commanding a GMP of 81% in the grey market. The GMP of Tolins Tyres and Kross was 13.27% and 20.83%, respectively.
Newly listed entities Ceigall India, Unicommerce, FirstCry, Interarch Building, and Orient Technologies to see one-month lock-in period expiring in September.
The listing of ECOS India was below the market expectations as the stock was commanding a GMP of ₹126 per share, or 37.7%, over the IPO price.
The listing of shares of Premier Energies on the domestic bourses is the third-best in 2024, after Vibhor Steel Tubes (181.5%) and BLS E-Services (129%).
The ₹600 cr IPO of Interarch Building Products will open for subscription between August 19-21, while the tentative listing date is August 26.
The IPOs of FirstCry and Unicommerce eSolutions garnered strong response on the final day after muted bidding on the first two days.