The IPO mainboard market may have been tepid in terms of response, but the real action has been happening in the SME segment, both on the NSE and the BSE. In the last year, the SME IPOs have attracted a lot of interest on account of the attract

The IPO mainboard market has been quite dull but has now been picking up steam. In fact, there were just 2 mainboard IPOs in April and just 1 in May 2023. In contrast, June saw 5 IPOs opening and 4 of the mainboard got very good response with only th

Shri Techtex Ltd, is an SME IPO on the NSE which is opening for subscription on 26th July 2023. The company, Shri Techtex Ltd, was incorporated in in the year 2011 to manufacture polypropylene non-woven fabrics in a variety of sizes and densities. Ty

Strong listing for Drone Destination IPO, but fails to hold on Drone Destination IPO had a strong listing on 21st July 2023, listing at a sharp premium of 65.31%, but subsequently losing ground and closing at the 5% lower circuit over the listing

Strong listing even in a weak market Utkarsh Small Finance Bank IPO had a very strong listing on 21st July 2023, listing at a smart premium of 60%, and then closing at the day at the 20% upper circuit over the opening price. The strong demand in t

Netweb Technologies India IPO worth ₹631 crore, consisted of a fresh issue of ₹206 crore and an offer for sale of ₹425 crore. The IPO saw fairly steady response on Day-1 and Day-2 of the IPO and closed with very healthy subscription number

Yatharth Hospital & Trauma Care Services Ltd was incorporated in the year 2008 as a multi-care hospital chain. It is today ranked among the top 10 largest private sector hospital in the Delhi / NCR region. Yatharth Hospital & Trauma Care Serv

Yasons Chemex Care Ltd, is an SME IPO on the NSE which is opening for subscription on 24th July 2023. The company, Yasons Chemex Care Ltd, was incorporated in in the year 2017 to manufacture dyes and pigment paste and other related FMCG products. Und

Patanjali Foods recently announced that investment management firm GQG Partners, led by Rajiv Jain, has acquired a 5.96% stake in the company through an offer-for-sale (OFS) process. Known for their investments in Adani Group companies, GQG Partners

Service Care IPO closed on Tuesday, 18th July 2023. The IPO had opened for subscription on 14th July 2023. Let us look at the final subscription status of Service Care Ltd at the close of subscription on 18th July 2023. A quick word on Service Ca

Senco Gold IPO had a strong listing on 14th July 2023, listing at a premium of 35.65%, but closed the day below the listing price, although well above the IPO price. It was a day when the Nifty closed 151 points higher while the Sensex closed 502 poi

Utkarsh Small Finance Bank IPO ₹500 crore , consisted entirely of a fresh issue of shares for the full amount. There was no offer for sale component in the IPO, so the entire IPO is EPS and capital dilutive. The IPO saw very robust response on Day-