Droneacharya Aerial Innovations entered the market in December 2022 as one of the most talked-about SME listings of that year, helped by a headline-grabbing roster of early investors, including Bollywood actors Ranbir Kapoor and Aamir Khan, along with market veteran Shankar Sharma. The IPO, which was subscribed an extraordinary 244 times and rode on the…
Vidya Wires, a Gujarat-based manufacturer of winding and conductivity products, is gearing up for its Rs 300-crore initial public offering (IPO), with the issue set to open for public subscription on Wednesday, December 3. The company has fixed a price band of Rs 48 to Rs 52 per equity share of face value Rs 1…
ET Intelligence Group: Sudeep Pharma, a pharmaceutical and specialty nutrition company, plans to raise ₹95 crore through fresh issue to fund capex. It also has an offer for sale of upto ₹800 crore. The promoter group’s stake will fall to 76.2% after the IPO from 89.4%. It plans to raise the manufacturing capacity by 50,000…
Did PhysicsWallah shares end lower or higher on Thursday? It depends on which exchange you are looking at. In a rare and puzzling trading anomaly, the newly-listed edtech company ended the session with sharply divergent closing prices on the two main exchanges, BSE and NSE, in a unique case that capped a volatile few days…
The highly anticipated Rs 3,600 crore initial public offering (IPO) of Tenneco Clean Air will make its market debut on Wednesday, November 19, with expectations of a bumper listing. Grey market trends indicate the stock could open at an impressive 29% premium to its issue price of Rs 397 per share, potentially listing at Rs…
Fujiyama Power has announced the price band for its Rs 828 crore IPO at Rs 216–228 per share. The issue, which opens for public subscription on November 13 and closes on November 17, comprises a fresh issue of Rs 600 crore and an offer for sale (OFS) of Rs 228 crore by existing shareholders. The…