QIB: 0.95x
HNI: 1.12x
Retail: 3.14x
Overall: 2.08 times
Thursday, April 25, 2019
Neogen Chemicals IPO subscription status on Day 2
Wednesday, April 17, 2019
Neogen Chemicals IPO Dates & Price Band:
Neogen Chemicals IPO Dates & Price Band: (Tentative)
IPO Open: 24-April-2019
IPO Close: 26-April-2019
IPO Size: Approx Rs.125 Crore (Approx)
Face Value: Rs.10 Per Equity Share
Price Band: Rs.180 to 190 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
Equity: 65,84,210 Shares
Monday, March 25, 2019
RVNL IPO opens March 29, 2019
State-run *Rail Vikas Nigam Ltd (RVNL)* has received capital markets regulator SEBI’s go-ahead to float an initial public offering.
Going by the draft papers, the IPO of RVNL, which builds infrastructure for high speed rail, will see sale of 2.08 crore equity shares or 10 per cent stake by the government.
The public issue is being managed by Yes Securities, Elara Capital (India) and IDBI Capital Markets & Securities. The equity shares of the company are proposed to be listed on BSE and NSE.
Thursday, March 7, 2019
Endurance Technologies OFS oversubscribed, cut off price fixed at Rs.1135
Endurance Technologies Offer for Sale was open for Non Retail category on 6-Mar-2019 and for Retail category on 7-Mar-2019 at a floor price of Rs.1100 a piece. The issue is oversubscribed by more than 2.5 times as per NSE website
The cut-off price determined on the first day of OFS(06-Mar-2019) on the basis of bids received in the general category is Rs.1135
The market price of Endurance Technologies was Rs.1178.10 on 7-Mar-2019. The stock has touched a 52 week low of Rs.1062 on 27-Nov-2018 and a 52 week high of Rs.1578.80 on 6-Aug-2018
Stay tuned to IndianIPOBlog for latest updates on IPOs and OFSs in Indian markets
Wednesday, March 6, 2019
Endurance Technologies Offer for Sale
Offer for Sale - OFS
Company: Endurance Technologies Limited
Company: Endurance Technologies Limited
Bloomberg Code: ENDU IN EQUITY
Selling Shareholder: Mr. Anurang Jain (Promoter of the Company)
Offer size: 6,363,637 equity shares (Base size) with face value of INR 10 per equity share with an oversubscription option of 4,189,051 equity shares (Oversubscription size)
Floor Price: INR 1,100.00 per share (Discount of 12.6% to Last Close Price of INR 1,259.30 as on March 5, 2019 on NSE)
Offer Size at Floor Price: INR 7,000 MM i.e. USD 98.9 MM (Base size) and INR 4,608 MM i.e. USD 65.1 MM (Oversubscription Size)
Public Announcement and Floor Price Announcement (T-1): Tuesday, March 5, 2019
Trade Date for non-Retail investors (T): Wednesday, March 6, 2019
Trade Date for Retail Investors (T+1): Thursday, March 7, 2019
Selling Broker: Axis Capital Limited
Selling Shareholder: Mr. Anurang Jain (Promoter of the Company)
Offer size: 6,363,637 equity shares (Base size) with face value of INR 10 per equity share with an oversubscription option of 4,189,051 equity shares (Oversubscription size)
Floor Price: INR 1,100.00 per share (Discount of 12.6% to Last Close Price of INR 1,259.30 as on March 5, 2019 on NSE)
Offer Size at Floor Price: INR 7,000 MM i.e. USD 98.9 MM (Base size) and INR 4,608 MM i.e. USD 65.1 MM (Oversubscription Size)
Public Announcement and Floor Price Announcement (T-1): Tuesday, March 5, 2019
Trade Date for non-Retail investors (T): Wednesday, March 6, 2019
Trade Date for Retail Investors (T+1): Thursday, March 7, 2019
Selling Broker: Axis Capital Limited
Friday, February 8, 2019
Mazgaon Dock IPO upcoming till month end
Mazagon, a leading shipyard of the country, would see sale of over 2.24 crore equity shares, amounting to 10 percent stake of the government.
The offer will also have a portion for employees, which will not exceed 5 per cent of the post offer paid up equity share capital of the company.
The IPO is part of the government's efforts to garner Rs 80,000 crore through stake sales in state-owned companies in 2018-19.
Thursday, February 7, 2019
Amidst tough times, Anil Ambani led Reliance General re-files for IPO
In a market with heavy negative investor sentiment, the Anil Ambani-led Reliance group is planning an initial public offering (IPO) of a group company as early as this financial year. Reliance General Insurance Company will re-file its IPO document with market regulator Securities and Exchange Board of India (Sebi) this week, according to investment banking sources.
The company is hoping to obtain pending regulatory approvals soon, and targeting to list before March-end
Reliance General had all the approvals in place last year, but couldn't launch its IPO because of challenging market conditions and negative sentiments towards the group companies. While not much has changed on that front, the company and bankers are hopeful that the issue would sail through as the general insurer has shown an improvement in performance.
It will be intriguing to note how market will react to this given the heavy negative publicity towards ADAG
Source: BusinessStandard
Neogen Chemicals IPO subscription status on Day 2
QIB: 0.95x HNI: 1.12x Retail: 3.14x Overall: 2.08 times
