Markets
BSE See NSE See 37,773.52
410.09 (1.1%)

IPO Issue
Analysis

IPO Analysis : Garden Reach Shipbuilders & Engineers

Garden Reach Shipbuilders and Engineers’ IPO will open for subscription from September 24 to September 26, 2018. The issue is purely Offer for Sale (OFS) consisting of 2,92,10,760 shares worth Rs 344.69 crore. The face value is Rs 10 per equity share. The minimum lot size for subscription is 120 shares with issue price ranging from Rs 115-118 per equity share. For the retail investors and employees, a discount of Rs 5 per share would be offered. Post-allotment, the company would get listed on both BSE and NSE. 

IPO Analysis : IRCON International IPO

Another PSU, Ircon International, is set for the IPO which will open for subscription from September 17 to September 19, 2018. The issue consists purely of Offer for Sale (OFS) with 99,05,157 equity shares worth Rs 470.49 crore. The face value of the share is Rs 10 per share. The minimum lot size consists of 30 shares. The issue price per equity share is in range of Rs 470-475. Post allotment, the company will get listed on both BSE and NSE.

IPO Analysis: Credit access Grameen ltd

The IPO of Creditaccess Gramin Limited opens for subscription from August 8 to August 10, 2018. This IPO consists of fresh equity issue worth Rs. 630 crore (1,49,28,910 shares) and offer for sale (OFS) of 1,18,76,485 shares by existing stakeholders. Post issue, promoter and promoter group’s holding will reduce to 80.3% and non-promoter shareholding will increase to 19.7% from 1.1%. The face value is Rs 10 per equity share. The minimum lot size is of 35 shares and the issue price band is Rs. 418-422 per equity share. Post allotment, the company will get listed on both BSE and NSE.

IPO Analysis - HDFC Asset Management Company

HDFC Asset Management Company (HDFC AMC) Limited is coming out with Offer for sale (OFS) of 2.5 crore shares having face value of Rs. 5 each. The offer will open from June 25, 2018 and will close on July 27, 2018. The price band for the OFS issue is Rs. 1,095 to Rs. 1,100 and the minimum lot size is 13 shares, which implies a minimum investment in the range of Rs. 14,235 to Rs. 14,300.

IPO Analysis : TCNS Clothing Co.

TCNS Clothing Co. Ltd. is coming out with an IPO which will remain open for subscription from July 18 to July 20, 2018. The issue consists purely of Offer for Sale (OFS) worth Rs 1125.13 crore. Through this OFS, the company is offering 1,57,14,038 equity shares having face value of Rs 2 per share. The price band of the issue is Rs 714-716. The minimum lot size is 20 shares. Post allotment, the company will be listed on both BSE and NSE.

12345678910Last

IPO Market

Company Name Listing
Date
Listing
Price
Last Traded
Date
Last Traded
Price
Volume
(Nos)
Route Mobile Ltd. 21/09/2020 708.00 25/09/2020 938.80 9,590,008
Happiest Minds Technologies Ltd. 17/09/2020 351.00 25/09/2020 363.40 15,144,259
Max India Ltd. 28/08/2020 80.00 25/09/2020 58.25 456,104
Max Healthcare Institute Ltd. 21/08/2020 107.00 25/09/2020 109.90 473,902
NDR Auto Components Ltd. 30/07/2020 150.05 25/09/2020 139.60 11,608

SME Market

Company Name Issue Open
Date
Isuue Closing
Date
Issue
Price
BID
FROM
BID
TO
List
Date
List
Price
Last
Price
Billwin Industries Ltd. 2020-06-18 2020-06-22 37 0.00 0 2020-06-29 0 38
Bonlon Industries Ltd. 2020-06-30 2020-07-03 28 0.00 0 2020-07-13 21 17
Advait Infratech Ltd. 2020-09-15 2020-09-18 51 0.00 0 2020-09-25 0 52

DSIJ
Mindshare

Jubilant start on cards!

Karan DSIJ / Article rating: 5.0

The bulls are likely to continue their action from where they left on Friday as SGX Nifty is indicating a blistering start for the markets. SGX Nifty is up by 68 points and trading at 11,108 levels.

12345Last