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MYSTERIOUS: 3 | Mind Blowing Facts

China's DeepSeek taps CITIC Securities for domestic IPO

DeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Companies seeking a mainland China listing typically appoint securities firms to conduct pre-listing tutoring before submitting an application.

The Economic Times

IFCI shares fall 4% on reports of lower price band for NSE IPO

IFCI shares fell sharply on Wednesday after reports suggested NSE could price its IPO below earlier indications and reduce the stake offered. The proposed price band of Rs 1,700–1,785 values NSE at around Rs 4.4 lakh crore. IFCI’s indirect exposure to NSE through Stock Holding Corporation has put its shares…

The Economic Times

ESDS Software shares rally 10%, skyrocket 235% from IPO price in 4 days. Should you buy or sell?

ESDS Software share price has surged 235% from its IPO price in just four sessions, with the stock hitting the upper circuit in every session since listing. While analysts remain positive on the company’s long-term growth prospects, they flag elevated valuations and execution risks.

The Economic Times

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Nifty drops 4% in less than 5 weeks despite attractive valuations in largecaps. What can reverse this trend?

Despite their appealing valuations, Indian largecap stocks are currently on a downward trend. Meanwhile, the mid and smallcap sectors are enjoying consistent monthly SIP inflows. Analysts predict that a trend reversal for largecaps is on the horizon, spurred by upcoming mega IPOs from NSE and Jio. Investors are encouraged to…

The Economic Times

Prasol Chemicals IPO Day 2: GMP, subscription status. Should you subscribe?

Prasol Chemicals IPO saw 72% subscription by Day 2, with retail investors showing strong interest. The grey market premium remains modest at around 4%, suggesting limited listing gains. The company plans to use IPO proceeds for debt repayment and general corporate purposes. Prasol Chemicals reported a 22% income increase and…

The Economic Times

Glass Wall Systems IPO Day 2: Issue subscribed 8 times, GMP at 31%. Should you subscribe?

The Glass Wall Systems IPO is experiencing robust investor demand on its second day. Its grey market premium indicates anticipation of a strong market debut. The company plans to use IPO proceeds for a new glass processing unit. Financials show significant growth in income and profit for fiscal year twenty…

The Economic Times

Pranav Constructions IPO Day 3: Issue subscribed 121 times, GMP at 35%

Pranav Constructions IPO saw an overwhelming investor response, closing oversubscribed 121 times. The issue commands a strong grey market premium, indicating positive market sentiment. Proceeds will fund redevelopment expenses and debt repayment. The company's financial performance showed healthy improvement in FY26. Analysts recommend subscribing for long-term gains and listing appreciation.

The Economic Times

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Kanohar Electricals IPO Day 2: Issue subscribed 10x, GMP signals 35% premium. Should you bid?

Kanohar Electricals IPO received robust demand on its second day of bidding. The issue was subscribed 10.22 times overall, indicating strong investor interest. A significant grey market premium of 35% further boosted market sentiment. The company plans to use IPO proceeds for capital expenditure and working capital. Analysts recommend subscribing…

The Economic Times

Rs 7,288 crore IPO confusion as 10 issues available for subscription today. Which one to buy?

The six issues opening on Wednesday are Rentomojo, Asset Reconstruction Co. (India), Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects and Karamtara Engineering. Together, they are looking to raise Rs 4,509.68 crore.

The Economic Times

Rentomojo, Karamtara Engineering, 4 other mainboard IPOs open for bidding. Check GMP & other key details

Six mainboard IPOs, including Rentomojo, Karamtara Engineering and LCC Projects, opened for subscription on September 9. With a combined issue size of over Rs 4,500 crore, investors have multiple offerings to choose from. Here’s a look at the issue sizes, price bands, lot sizes, GMPs and key dates

The Economic Times

Rentomojo IPO opens today; GMP signals 32% potential listing gains. Should you subscribe?

Rentomojo Ipo Gmp Day 1 : Anticipation builds as Rentomojo prepares to launch its public offering on September ninth, aiming to secure over Rs 1,200 crore. The funds raised will primarily support debt repayments and various corporate requirements. With anchor investors already on board with substantial commitments, the rental service,…

The Economic Times

IPO flood breaks 30-year record as 6 issues hit stock market on same day

The six issues, Rentomojo, Asset Reconstruction Company (India), Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects and Karamtara Engineering, are collectively seeking to raise ₹4,509.68 crore.

The Economic Times

Three SME IPOs to open today: Vinod Texworld, Amtech Esters, Infrax Renewable; check GMP and other details

Today marks the opening of three Indian SME IPOs: Vinod Texworld, Amtech Esters, and Infrax Renewable. Vinod Texworld is generating significant interest in the grey market, while Amtech Esters is also attracting a premium. In contrast, Infrax Renewable is expected to have a flat listing without any market premium. Collectively,…

The Economic Times

Rentomojo IPO: BlackRock among investors in Rs 376 crore anchor round

Rentomojo has raised Rs 376 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 93 lakh shares to 41 investors at Rs 404 apiece. BlackRock, Goldman Sachs, ICICI Prudential Mutual Fund, HDFC Mutual Fund and other institutional investors participated in the anchor book.

The Economic Times

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The Economic Times

ARCIL IPO: Goldman Sachs, BofA among investors in Rs 220 crore anchor round

Asset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 1.58 crore shares to 21 investors at Rs 139 each. Goldman Sachs, BofA Securities, mutual funds, insurers and foreign investors participated in the anchor allocation.

The Economic Times

NSE cuts IPO price range, giving up shot at India’s top listing

National Stock Exchange of India is likely to price its long-awaited IPO at Rs 1,700-1,785 a share, below its earlier range of Rs 2,000-2,100. The exchange may also reduce the stake on offer to 5.5%, valuing NSE at up to 4.42 trillion rupees.

The Economic Times

Karamtara Engineering raises Rs 262 crore from anchor investors ahead of IPO. HDFC MF among top buyers

Karamtara Engineering secured Rs 262.50 crore from anchor investors before its upcoming IPO. The company allocated over one crore shares at the IPO's upper price band. Domestic mutual funds and insurance companies participated in the anchor book. Karamtara Engineering's IPO opens for subscription on September 9 and closes on September…

The Economic Times

Jio IPO: Co set to begin investor outreach later this week, say sources

Jio Platforms is preparing for its massive initial public offering after receiving Sebi approval. Investor outreach will commence this week across key global financial centers. The company plans to issue fresh equity shares to raise substantial capital. Proceeds will primarily be used to repay outstanding borrowings of its subsidiary. This…

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The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities extended their decline on Tuesday, with Sensex falling 555 points and Nifty ending below 23,650. Analysts cited elevated crude prices, Fed rate hike concerns and IPO fund absorption, while technical signals suggested 23,600 as key Nifty support.

The Economic Times

Madhu Kela-backed fund invests in Steamhouse India IPO as company raises Rs 124 crore from anchor investors

Steamhouse India raised Rs 124.2 crore from anchor investors, including funds backed by Madhusudhan Kela and Sunil Singhania, ahead of its Rs 414 crore IPO opening on September 9. The issue, priced at Rs 77-81 per share, comprises a fresh issue of Rs 353 crore and an OFS of Rs…

The Economic Times

NSE IPO likely to open on September 18, list on September 25: Sources

The National Stock Exchange's IPO is slated to open for public subscription on September 18. This significant offering is expected to raise approximately Rs 30,000 crore. The price band for this substantial IPO will be announced on September 15. This public issue will remain open for three days, starting September…

The Economic Times

Explosive Gains! ESDS Software shares skyrocket 195% from IPO price in 3 sessions

ESDS Software shares extended their post-listing rally for a third session, rising 16.21% to Rs 1,266, nearly 195% above the IPO price of Rs 429. The surge follows a 136-times subscribed IPO, improved financial performance and plans to invest heavily in cloud and data-centre infrastructure.

The Economic Times

IFCI shares slide 7% after stellar 30% monthly surge amid NSE IPO buzz

IFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebi’s approval of the NSE IPO. IFCI has indirect exposure to NSE through its stake in Stock Holding Corporation of India.

The Economic Times

Jio, NSE IPOs: Do marquee IPOs really deliver big listing-day gains?

The anticipated IPOs from Jio and NSE are under the microscope as experts examine their potential for listing-day profits. Historical data from past mega IPOs reveal a mixed bag in terms of performance, with certain offerings incurring losses. The success of these upcoming stocks will hinge on precise pricing and…

The Economic Times

Fly-Hi Maritime, Farm Peace SME shares to list today: Here's what GMP suggests ahead of listing

Fly-Hi Maritime and Farm Peace are set to make their BSE SME debuts today, September 8, after their IPOs attracted modest demand. Fly-Hi Maritime was subscribed 2.12 times, with its GMP at around Rs 1, indicating a largely flat listing near Rs 103 against the issue price of Rs 102.…

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