Laxmi Finance IPO: The initial public offering of non-banking financial company (NBFC)—Laxmi India Finance—will be opened for subscription on July 29 and close on July 31. The company has fixed the price band between Rs 150 and Rs 158 per share for its Rs 254-crore issue. The issue comprises a fresh issuance of 1.84 crore equity…
Sahajanand Medical Technologies (SMT) Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (Sebi) to raise funds via an Initial Public Offering (IPO) route. The IPO, with a face value of Re 1, is entirely an offer-for-sale (OFS) up to 27,644,231 equity shares by promoters,…
The IPO market is set for another active spell in the week beginning July 14, as three new issues prepare to hit the street across mainboard and SME segments. The combined fundraising target stands at over Rs 3,600 crore, led by a much-anticipated pharma listing and supported by consumer and manufacturing plays in the SME…
Shares of smallcap stock Samhi Hotels, backed by ace investor Madhuri Madhusudan Kela, have surged 98.4% from their April lows to hit their all-time high of Rs 240.30 on the NSE on July 10. The stock had fallen to its all-time low of Rs 121.10 on April 7, 2025. On charts, the stock is now…
The initial public offering (IPO) of Travel Food Services has received 22 per cent subscription so far on Tuesday, the second day of the bidding process. According to data from the Bombay Stock Exchange (BSE), the IPO received bids for 28,92,071 shares against 1,34,12,842 shares. Category-wise subscription At the last count (2:30 pm), the retail…
After months of anticipation and a healthy response from investors, HDB Financial Services is finally set to debut on the stock exchanges on July 2. Backed by HDFC Bank, the non-banking financial company (NBFC) is poised to enter the secondary market amid strong demand and a GMP of Rs 71 – indicating a likely 9.6%…