The ₹592 crore IPO of Cyient DLM Ltd, consisted entirely of a fresh issue for the full amount. There was no offer for sale (OFS) component in the IPO, so the entire funds came in as fresh funds and that happened to be EPS dilutive. The IPO saw fair

The ₹567 crore IPO of Ideaforge Technology Ltd, consisted of a fresh issue and an offer for sale (OFS) of ₹240 crore and ₹327 crore respectively. The IPO saw fairly steady response on Day-1, Day-2 and Day-3 of the IPO and closed with extremely

Vilin Bio Med Ltd had a rather tepid listing on 30th June 2023, listing exactly at the issue price but closing a full 5 lower. It was rather ironic because the stock had a weak listing on a day when the markets were exceptionally buoyant. For a long

Aatmaj Healthcare Ltd had a tepid listing on 30th June 2023, around 6.67 below the issue price but closing a full 11.33 lower for the day compared to the IPO issue price. It was rather ironic because the stock had a weak listing on a day when the m

There was a tinge of nostalgia on 30th June 2023. It was to mark the end of tenure of several institutions. It would mark the last board meeting of HDFC Ltd, which officially merger with HDFC Bank effective from July 01, 2023. The stock of HDFC Ltd w

Senco Gold Ltd is a company with a 30 years pedigree. The company was incorporated in the year 1994 as a pan-India jewellery retailer. The products are current sold under the brand name “Senco Gold & Diamonds.” Apart from gold and diamo

Cell Point IPO had a tepid listing on 28th June 2023, listing exactly at the issue price but closing a full 5 lower. It was rather ironic because the stock had a weak listing on a day when the markets were exceptionally buoyant. For a long time, the

The Nifty touched a new high on Wednesday, June 29, 2023. There has been a lot of enthusiasm in the markets with all round buying in most of the Adani stocks and in Tata Motors. It has come a long way from the lows of March when the Hindenburg saga h

The anchor issue of Cyient DLM IPO saw a robust response on 26th June 2023 with 44 of the IPO size getting absorbed by the anchors. Out of the 2,23,39,623 shares on offer, the anchors picked up 97,98,113 shares accounting for 44 of the total IPO si

It looks like the first IPO from the Tatas fold is going to fructify after a full 19 years. SEBI gave its stamp of approval for the IPO of Tata Technologies, which is normally given within 2 months of filing the draft red herring prospectus (DRHP). S

Hindustan Aeronautics Ltd (HAL) on Tuesday made several key announcements that will have a significant impact on the company and its shareholders. The board of directors has approved a 1:2 stock split, which involves dividing the existing shares with

The IPO of Essen Speciality Films Ltd closed on Tuesday, 27th June 2023. The IPO had opened for subscription on 23rd June 2023. Let us look at the final subscription status of Essen Speciality Films Ltd at the close of subscription on 27th June 2023.