Rajesh Power Services made a stellar market debut on Monday, December 2. Its shares were listed at ₹636 apiece on the BSE SME, indicating a premium of 90% over the issue price of ₹335. The stock continued to rise after listing, reaching ₹668.30, marking an almost 100% gain from the IPO price.
2 min read2 Dec 2024C2C Advanced Systems IPO allotment status will be available today, November 29. Applicants can check their status online via Link Intime India. The IPO raised ₹8,257.61 crore and is set for listing by December 3, 2024.
2 min read29 Nov 2024Enviro Infra share price had a stellar debut on Dalal Street on Friday, November 29. The stock listed at ₹220 each on the NSE, marking a 48.65% premium over the issue price of ₹148. On the BSE, the stock opened at ₹218 as well, reflecting a 47.29% premium.
2 min read29 Nov 2024The IPO allotment for Rajesh Power Services has been finalised, following a 59 times oversubscription. Investors can check their status online. The company shares expected to list on December 02, 2024.
2 min read30 Nov 2024Abha Power and Steel’s IPO opened on November 27 at ₹75 per share, raising ₹38.54 crore. The issue sailed through on the first day itself.
2 min read29 Nov 2024Rajesh Power Services IPO Day 2: The SME IPO opened on November 25, aiming to raise ₹160.47 crore. The offer includes 27.9 lakh new shares and 20 lakh for sale. The IPO was fully subscribed on its first day, with a grey market premium indicating a strong listing price.
3 min read26 Nov 2024NTPC Green Energy’s IPO, valued at ₹10,000 crore, was fully subscribed on Friday. Priced between ₹102 to ₹108 per share, it closes today. Experts recommend long-term investment despite aggressive pricing based on annualized earnings projections.
3 min read22 Nov 2024Zinka Logistics IPO, priced between ₹259- ₹273, saw decent investor interest with a 1.87x subscription. Early investors like Sanjiv Rangrass and Quickroutes stand to make significant gains, while some, like Peak XV, may incur losses.
2 min read21 Nov 2024Enviro Infra Engineers plans to launch its IPO on Friday to raise ₹650.43 crore. The company specializes in water and wastewater treatment, benefiting from government projects and initiatives, with a strong emphasis on sustainable growth and financial performance.
1 min read20 Nov 2024Onyx Biotec’s IPO allotment will be finalised on November 20. The IPO, valued at ₹29.34 crore, opened on November 13 and closed on November 18, garnering strong demand from investors. The listing on NSE SME is set for November 21.
1 min read19 Nov 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared