After the big bang IPO year of FY22, it must be said that FY23 was relatively disappointing. The Rs21,000 crore LIC IPO in May 2022 raised hopes that FY23 would be another bumper year. However, compared to FY22, the fiscal year FY23 witnessed rather

Avalon Technologies Ltd is a company with a 24 years pedigree. The company was incorporated in the year 1999 as a fully integrated Electronic Manufacturing Services (EMS) company. EMS companies typically specialize in manufacturing niche electronic p

Sotac Pharmaceuticals Ltd was incorporated in the year 2015 and is based out of the state of Gujarat. Sotac Pharmaceuticals Ltd is into the business of manufacturing pharma products for varied marketers on a loan license basis. This is also better kn

MOS Utility Ltd was incorporated in 2009 in the aftermath of the global financial crisis to provide value added digital products and services. Currently, MOS Utility Ltd provides digital products and services in the B2C, B2B, and financial technology

Global Surfaces IPO had a strong listing on 23rd March 2023, listing at a strong premium of 17.14%, and closing the day still higher on the back of strong buying on the counter on the day of listing. One can almost say that the stock rallied sharply

At a time when the Indian equity IPO markets are still circumspect, the new fund offerings (NFO) market is seeing robust activity. For instance, in the current week, there are about 18 NFOs available for subscription across asset classes. This is one

In a market that is almost starved off mainboard IPOs and FPOs, the latest announcement from Patanjali Foods comes as a whiff of fresh air. Patanjali Foods was formerly known as Ruchi Soya with its focus on soya, oil, and other food products. Over ti

VELS Film International IPO had a flat listing on 22nd March 2023, listing at a minor premium of 2.02%, but subsequently bounced and closed much above the listing price at the close of trading. In a sense, the markets came under pressure as the Nifty

The long awaited IPO of IndiaFirst Life Insurance, one of the smaller players in the life insurance space, has finally got the SEBI approval. Insurance companies have to go through multiple approvals from IRDA and later from SEBI also due to the dual

Infinium Pharmachem Ltd is a company that is focused in the CRAMS (contract research and manufacturing services) business. However, their major focus is on Iodine chemistry and this has remained the core area of Infinium Pharmachem Ltd. With iodine c

Nirman Agri Genetics IPO closed on Monday, 20th March 2023. The IPO had opened for subscription on 15th March 2023. Let us look at the final subscription status of Nirman Agri Genetics Ltd at the close of subscription on 20th March 2023. A quick

MCON Rasayan India IPO had a strong listing on 20th March 2023, listing at a sharp premium of 20%, but subsequently bounced and closed much above the listing price at the close of trading. In a sense, the markets came under pressure as the Nifty slip