Browsing category IPO

RITES Limited IPO – Analysis, Update


Update “Secures New Order”   Rail India Technical and Economic Service Limited (RITES Ltd) - a wholly owned subsidiary of the Indian Railways, today in its regulatory filing has said that the company has secured a new business order for “Construction of Depot cum Workshop” worth of INR 499.41 Cr from Bangalore Metro Rail Corporation Limited (BMRCL) The share of RITES Limited in the order is 51%. RITES LTD is currently trading at INR 372 (UP 8%) with a volume of 38,65,458 shares on the

Tracxn Technologies Limited IPO – Review


Tracxn Technologies Limited - the leading global market intelligence provider for private company data is planning to raise INR 309 via IPO [Fresh Issue NIL + OFS 309 Cr]   tracxn technologies ipo date - 10 to 12 October 2022   Tracxn Technologies: Company Details Founded in the year 2013, Tracxn Technologies provides “market intelligence data” for private companies and it ranks among the top 5 players globally in terms of the number of companies profiled offering data of private

Lemon Tree Hotels IPO – Analysis, Update


Update "Launches Second Property in Vishakhapatnam"   Lemon Tree Hotels Limited in its regulatory filing has announced the opening of “Keys Lite” by Lemon Tree Hotels (Sreekanya, Visakhapatnam). This is the 2nd property of the group in the city, strategically located near Gajuwaka, in the Southwest region of Vishakhapatnam. The hotel features 44 well-appointed rooms and suites with aesthetically-designed interiors and modern facilities and amenities for the utmost comfort of

Electronics Mart India Limited IPO – Review


Electronics Mart India Limited - one of the fastest growing consumer durable & electronics retailers in India is planning to raise INR 500 Cr via IPO [Fresh Issue 500 Cr + OFS NIL] Electronics Mart India Limited: Company Details Incorporated in the year 1980, Electronics Mart India Limited (EMI) is the 4th largest “consumer durable and electronics retailer in India” and as of FY 2020, it is the largest player in the Southern region of India in revenue terms with dominance in the states

Happiest Minds Technologies Limited IPO – Update


Update "Award for Excellence in Corporate Governance"   Happiest Minds Technologies Limited - a Mindful IT Company today in its regulatory filing has said that the company is a recipient of the prestigious “Golden Peacock Award for Excellence in Corporate Governance” (GPAECG) for the year 2022. Golden Peacock Awards (instituted by Institute of Directors, India in the year 1991) are now regarded as an industry benchmark of Corporate Excellence worldwide. “Golden Peacock Award for

MapmyIndia Limited IPO – Review


Update “MapmyIndia sign MOU with Uttar Pradesh Police”   MAPMYINDIA (C.E. Info Systems Ltd) - India’s leading advanced digital maps and deep-tech company today in its BSE filing has said that, Uttar Pradesh Police (Government of Uttar Pradesh) and MapmyIndia have entered into an memorandum of understanding (MOU) that will ease traffic and improve safety in the state of Uttar Pradesh (UP). Technology from “MapmyIndia Mappls” will be integrated with the government systems and processes on

Aster DM Healthcare IPO – Update


Update "Subsidiary Company acquired 60% stake in Skin III Ltd"   Aster DM Healthcare Limited (Indian Conglomerate Health Care Provider) has informed the exchange that its step-down material subsidiary “Medcare Hospital LLC” has acquired 60 per cent stake in Skin III Limited (a private company incorporated in Dubai) Skin III Limited is a leader in offering IV Drips (Vitamin and Detox) and other Aesthetics Procedures (HydraFacial, laser hair Removal etc.) Skin III Ltd has tie ups with

IRCON International IPO – Company Profile, Price, Analysis, Update


Update "Awarded New Order"   Ircon International Limited (A Govt. of India Undertaking) - an integrated “Engineering and Construction Company” in its BSE filing has said that the firm has been awarded an order worth of INR 256 Cr by MCL (Mahanadi Coalfields Limited) As per the details available of the exchange, the awarded work is for Stage-III i.e. Detailed Engineering and Project Management Consultancy (PMC) Services for Development of Rail Infrastructure for proposed 02 nos. RLS (20