Browsing category IPO

Mishra Dhatu Nigam (MIDHANI) – Updates


Update "Secured an Order"   Midhani up more than 5 per cent today on the back of winning a new order. Read details - Mishra Dhatu Nigam Ltd (MIDHANI) – A Govt. of India Enterprises – in its BSE filling has said that the company has secured an order worth of INR 185 Cr. After winning this order, the order booking position of the company for FY 2022-23 (as on date) is around INR 470 Cr. The open order position of MIDHANI as on date is around INR 1,535 Cr. Currently the stock is trading

Dixon Technologies (India) Limited – Update


Update "Approval for Disbursement of PLI Incentives"   Padget Electronics Private Limited, known as “Padget Electronics” (a wholly owned subsidiary of Dixon Technologies (India) Limited) has received approval for disbursement of INR 53.28 Cr from the Empowered Committee of MEITY (GOI), under the Production Linked Incentive (PLI) Scheme for manufacturing of Mobile Phones (Domestic Companies) Earlier, Padget Electronics (one of the 16 companies Domestic and International) received

Harsha Engineers International Limited IPO


Harsha Engineers International Limited (part of the Harsha Groups) over 35 years of operating history in the “engineering business” is planning to raise INR 755 Crore via IPO [Fresh Issue 455 Cr + 300 Cr OFS]   Harsha Engineers: Company Details Incorporated in the year 2010, Harsha Engineers International Ltd are the largest manufacturers of precision bearing cages (in terms of Revenue) in organised sector in India, and among the leading manufacturers of precision bearing cages in the

Dreamfolks Services Limited IPO – Update


Update Dreamfolks Services ‘LISTING’   Dreamfolks Services Limited, as the name in itself, made a dream debut on the stock market today. The stock was listed at INR 508.70 on the NSE - National Stock Exchange as against the issue price of INR 326, while the opening on the BSE - Bombay Stock Exchange was at INR 505; just about 56 percent listing gains for the IPO holders. The Initial Public Offering was open for subscription between 24 to 26 August 2022 and received a strong response

Tamilnad Mercantile Bank Limited IPO


Tamilnad Mercantile Bank Limited - a bank headquartered at Thoothukudi, Tamil Nadu (India) is planning to raise INR 831.60 Cr via IPO [831.60 Cr Fresh Issue + 0 Cr OFS]   Tamilnad Mercantile Bank - History Incorporated in the year 1921 as ‘Nadar Bank Limited’, Tamilnad Mercantile Bank (name changed in the year 1962), TMB is one of the oldest and leading old private sector banks in India.   >> Must Read: Nifty prediction for September 2022   Business TMB offers

Syrma SGS Technology Ltd IPO – Update


Update Syrma SGS Technology 'LISTING'   Syrma SGS Technology Limited made a strong debut on the stock market today. The stock was listed at INR 260 on the National Stock Exchange (NSE) against the issue price of INR 220, while the opening on the BSE was at INR 262; almost 19% listing gains for the IPO holders. The IPO was open for subscription between 12 to 18 August 2022 and got a good response from investors across categories, but the major support came from qualified institutional

IndoStar Capital Finance Limited IPO – Details, Update


Update Q1 FY 2022-23 Earnings   IndoStar Capital Finance Limited - a non-banking finance company engaged in providing structured term financing solutions to corporates has posted its Q1 numbers today.   The consolidated total revenue of the company for the quarter ended 30 June 2022 stood at INR 313.82 Cr as against INR 264.76 Cr for the same period last year, registering a growth of 18.53% year-on-year basis, However the revenue for the last quarter ended 31 March 2022 of the

Antony Waste Handling Cell Ltd IPO – Review, Update


Update Q1 Numbers 2022-23   Antony Waste Handling Cell Limited - a market leader in the Indian MSW service industry has posted its Q1 numbers today. Read more about antony waste ipo   REVENUE On a consolidates basis, the company’s revenue from operations stood at INR 235.11 Cr for the Q1 ending 30 June 2022 as compared to INR 145.36 Cr for the same period last year, registering a growth of 61.75% year-on-year basis However, on a quarter-on-quarter basis the revenue of the