Protean eGov Technologies stock soared 43 percent from its IPO price, while ASK Automotive closed 10 percent higher
The IPOs include Tata Technologies, the first Tata Group firm to go public almost 20 years, and Indian Renewable Energy Development Agency, the first government offering since LIC in May 2022
Gandhar Oil Refinery India plans to raise Rs 500.69 crore through a fresh issue of 1.78 crore shares and an offer-for-sale of 1.17 crore shares
Chairman and Managing Director Pradip Kumar Das says IREDA is India's largest pure-play green financing entity, and the company is eyeing new business opportunities and requires a fair amount of capital. The IPO opens on Nov 21 and closes on Nov 23.
Manufacturing and services macro data for US and Europe area will be announced. IPO subscriptions for Tata Technologies Ltd, IREDA and Fedbank Financial Services Ltd among others will be listed this week
IREDA IPO is the first by a government-run company since LIC hit the market in May last year
Kalyani Cast Tech stock opened at Rs 264.1 against the IPO price of Rs 139 on BSE SME
The contribution of Tata Motors and JLR (Jaguar Land Rover) to Tata Technologies will fall in the medium to long term, said Warren Harris
Fedbank Financial Services IPO | The initial public offering comprises a fresh issuance of shares worth Rs 600 crore by the company, and an offer-for-sale (OFS) of 3.5 crore equity shares worth Rs 492.26 crore by the selling shareholders.
Gandhar Oil Refinery India IPO | The Mumbai-based company is planning to mop up Rs 500.69 crore via IPO.
Flair Writing Industries IPO | The stationery products manufacturing company intends to raise Rs 593 crore via maiden public issue.
Tata Tech's IPO comprises only an offer-for-sale (OFS) by the promoter and investors
Gandhar Oil Refinery India IPO | The public issue comprises a fresh issue component of Rs 302 crore, and an offer-for-sale (OFS) of 1.17 crore equity shares by selling shareholders including promoters.
The price for the issue, which opened on November 16 and will close on November 20, has been fixed at Rs 233 per share
This will be the first company from the Tata Group to float an initial share sale in nearly two decades. Tata Consultancy Services was the last IPO from the group in 2004.
ROX Hi-Tech stock opened at Rs 135 and soon jumped to Rs 141.75 on the NSE SME platform against the issue price of Rs 83
Tata Technologies IPO | The Tata Motors' subsidiary is planning to raise Rs 3,042.51 crore via public issue at the upper price band. The issue comprises only an offer-for-sale (OFS) by the promoter and investors.
The OFS consists of up to 60.85 million shares by its existing shareholders
SpaceX is discussing an initial public offering for its fast-growing Starlink satellite business as soon as late 2024, people with knowledge of the matter said, in a bid to capitalize on robust demand for communications via space.
ASK Automotive traded with volume of 2.17 crore equity shares on the NSE and 14.35 lakh shares on the BSE.
The price band of Tata Technologies' public issue is expected to be between Rs 550 and 650 per share
Several analysts suggest holding the ASK Automotives' stock for long-term
Soon after listing, Baba Food Processing stock slipped 5% to Rs 72.2 on the NSE SME
ASK Automotive offer received a good response from investors with the issue getting booked 51.14 times
Analysts expect the ASK Automotive stock to open somewhere between Rs 310-315 against the IPO price of Rs 282