Diffusion Engineers, a well-known engineering solutions provider headquartered in Nagpur, has initiated the process of going public. The company recently submitted preliminary documents to the Securities and Exchange Board of India (SEBI) for its upc

Esconet Technologies Limited, a technology firm based in New Delhi, has initiated the process to get listed on the NSE. Recently, the company submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The

Flat listing for Sameera Agro and Infra Ltd, then lower circuit Sameera Agro IPO listed flat on the NSE, exactly at the issue price of ₹180 per share on 01st January 2024. However, after a flat opening, the stock struggled under the selling pres

Waaree Energies Limited, a top solar PV module manufacturer in India with a 12 GW installed capacity, submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on 30 June 2023. Waaree Energies IPO Detai

About the Akanksha Power and Infrastructure IPO The stock of Akanksha Power and Infrastructure Ltd has a face value of ₹10 per share and it is a book building issue priced in the band of ₹52 to ₹55 per share. The IPO of Akanksha Power and In

About the IPO of HRH Next Services Ltd The IPO of HRH Next Services Ltd has a face value of ₹10 per share and it is fixed price issue. The issue price for the IPO has been fixed at ₹36 per share. The IPO of HRH Next Services Ltd has only

Bumper listing for Trident Techlabs Ltd, then upper circuit Trident Techlabs IPO had a very strong listing on 29th December 2023, listing at a premium of 180.43%. After a strong opening, the stock closed the day at the 5% upper circuit over

Modest premium listing for Indifra Ltd, then lower circuit Indifra IPO listed at a premium of 10.77% above the issue price on 29th December 2023. However, after a modest premium opening, the stock struggled under the selling pressure and clo

Smart listing for Supreme Power Equipment Ltd, then upper circuit Supreme Power Equipment IPO had a very strong listing on 29th December 2023, listing at a premium of 50.77%. After a strong opening, the stock closed the day at the 5% upper c

Innova Captab Ltd lists almost flat, but closes at 20% upper circuit Innova Captab IPO had a very flat listing on 29th December 2023, listing at a modest premium of 0.92% on the NSE but on top of that managed to hit the 20% upper circuit. The stoc

Macro picture of IPOs in 2023 The year 2023 is just about to conclude and we have the details of the key IPOs on the main board. The IPO story may not have been as attractive as it was in 2021 in terms of size of fund raising. However, it was more

Strong listing for Azad Engineering Ltd, but tapers later Azad Engineering IPO had a very robust listing on 28th December 2023, listing at a smart premium of 37.40%, but it failed to hold on to the listing gains and fell towards the close of trade