Incredible Market Entry On Dalal Street Friday, Stanley Lifestyles Ltd. launched luxury furnishings. Company shares were listed on the Bombay Stock Exchange (BSE) at ₹499 per share, 35.23% more than its issue price of ₹369. On NSE, the shares began trading at ₹494.95, a 34.13% premium. Stanley Lifestyles’ success indicates investors’ trust in its brand…
Strategic financial leapEmcure Pharmaceuticals, a leading Pune-based pharmaceutical business, aims to raise ₹1,952 crore through an IPO. The IPO will open for subscription on July 3, 2024, offering 7.9 million equity shares worth ₹800 crore and an OFS of 11.4 million shares worth ₹1,152.03 crore. IPO Details and PriceThe IPO’s price range is ₹960 to…
Both qualified institutional buyers (QIBs) and non-institutional investors (NIIs) showed a great deal of interest in Allied Blenders and Distillers’ initial public offering (IPO), which was available for subscription from June 25 to June 27, 2024. On June 28, today, the share allotment for this IPO will be finalized. Following allocation, on Monday, July 1,…
June 25, Bengaluru: Ather Energy, a renowned manufacturer of electric vehicles (EVs), has effectively transitioned from a private entity to a public limited company, marking a significant milestone in its expansion. Ather’s most recent annual general meeting approved this strategic decision, which is a significant milestone in the company’s development. In parallel with this transition,…
Mumbai, June 25: Gautam Adani’s primary company, Adani Enterprises, wants to go public with airport operations in 2027-28. As per CNBC-TV18, this is a scheme to unleash riches and enhance growth. For FY25, the company needs $2 billion to $3 billion in equity. A Strategic Growth Move Since its 1994 IPO, Adani Enterprises has created…
Hailed for its inventive merchant solutions, Pine Labs is a pioneer in the fintech industry. It is getting ready to make a big splash in the Indian financial markets, hoping to raise $1 billion through a hefty IPO. With the assistance of significant investors like Mastercard Inc. and Peak XV Partners, Pine Labs expects to…
Ola Electric Mobility Ltd., India’s premier electric scooter manufacturer, is hitting a roadblock as it gears up for its much-anticipated initial public offering (IPO). Investors are pushing back against the company’s ambitious valuation target. Founder Bhavish Aggarwal has been eyeing a valuation of up to $7 billion for the Mumbai listing. However, initial feedback suggests…
In a significant step for India’s burgeoning electric vehicle (EV) industry, Ola Electric has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). This groundbreaking move marks the first IPO by an EV startup in the country and is set to be one of the largest new-age…
Ixigo, the travel aggregator platform under Le Travenues Technology, saw its shares make a strong debut on the stock exchanges, reflecting robust market momentum. On the Bombay Stock Exchange (BSE), the stock opened at Rs 135, marking a 45.16% premium over the issue price of Rs 93. The National Stock Exchange (NSE) witnessed an even…
Opening Statement: Do you intend to invest in the ixigo initial public offering? Before making any decisions, it is critical to understand the potential risks. Le Travenues Technology Ltd. is developing Ixigo, the travel booking platform. The business is launching an IPO of ₹740 crore. Equity shares in the first public offering are priced between…
