The Rs.831.60 crore IPO of Tamilnad Mercantile Bank Ltd consists entirely of a fresh issue of 158.40 lakh shares. The IPO size is calculated at the upper band of Rs525 but could change depending on the final discovered price. The issue has been pri

Dreamfolks Services Ltd had a strong listing on 06th September 2022, listing at a premium of 56%, although the stock closed the day well below the listing price. While the stock did show some bouts of volatility during the day, it struggled to hold o

The Rs.562.10 crore IPO of Dreamfolks Services Ltd, consisted entirely of an offer for sale of Rs562.10 crore and there was no fresh issue component in the IPO. The IPO saw encouraging response on Day-1 and Day-2 of the IPO and on Day-3, the IPO buil

Syrma SGS Technology Ltd had a strong listing on 26th August 2022, listing at a premium of 18.2%, and closing the day well above the listing price. While the stock did show some bouts of volatility during the day, it closed the day exactly at the 20%

The anchor issue of Dreamfolks Services Ltd saw a robust response on 23rd August 2022 with 45% of the IPO size getting absorbed by the anchors. The announcement was made late on Tuesday. The IPO of Dreamfolks Services Ltd opens on 24th August 2022 in

The Rs.562.10 crore IPO of Dreamfolks Services Ltd consists entirely of an offer for sale of shares by the promoters and early shareholders. The issue has been priced in the band of Rs.308 to Rs.326 per share and the IPO allotment price will be disco

The good news is that high profile companies are reviving their IPO plans. Go Digit General Insurance, which is promoted by Fairfax of Canada and Indian cricketer Virat Kohli, has filed its draft red herring prospectus (DRHP) with SEBI. The SEBI appr

One more company that has recently filed the draft red herring prospectus (DRHP) for its proposed IPO is Concord Biotech. Incidentally, Concord Biotech is backed by Quadria Capital Fund and RARE Enterprises. For the uninitiated, RARE Enterprises is t

The anchor issue of Syrma SGS Technology Ltd saw a robust response on 11th August 2022 and the announcement was made late on Thursday. The IPO opens on 12th August 2022 in the price band of Rs.209 to Rs.220 and shall close for subscription on 18th Au

Balaji Speciality Chemicals, a subsidiary of listed specialty chemicals player Balaji Amines, has filed the draft red herring prospectus (DRHP) with SEBI for its proposed IPO. The SEBI approval normally takes around 2-3 months post which, if SEBI is

IPOs may not be happening in the last 2 months and even the companies that have got approval from SEBI are just waiting in the side lines. However, that has not prevented from fresh filing of draft red herring prospectus by the potential IPO candidat

Amidst the carnage in the digital stocks and the sharp correction, one stock has stood out. Delhivery, the digital logistics player, which recently closed the IPO around the same time as LIC, has done exceedingly well on the bourses, notwithstanding