Porter not rushing for IPO, says CEO Uttam Digga
Porter, the logistics startup backed by Tiger Global, is in no rush to launch an initial public offering, chief executive and co-founder Uttam Digga told Mint. The company is instead focused on…
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LEAP India IPO subscribed 42% on day 2, retail lags
LEAP India's Rs 2,480 crore IPO was subscribed 42% by 2:30 pm on day two, up from 26% on day one. Qualified institutional buyers led, bidding for 61% of their quota, while…
Zostel withdraws Delhi HC plea on claimed 7% OYO stake ahead of IPO
Zostel has withdrawn its plea from the Delhi High Court that sought to compel SEBI to examine disclosures in OYO's draft IPO papers, particularly regarding Zostel's claimed 7% stake in the hospitality…
GV Electricals IPO allotment finalised today, listing on Aug 12
GV Electricals IPO share allotment will be finalised on Monday, 10 August. The IPO was subscribed 169.26 times. Investors can check allotment status on the Mudra RTA portal or BSE website. Successful…
Madhusudan Kela books 50% profit in 3 sessions as MV Electrosystems rallies
Investor Madhusudan Kela has made a 50% profit on his investment in MV Electrosystems within three trading sessions after its listing. The stock hit a daily peak of Rs 644.80, up nearly…
Molbio IPO oversubscribed 70 times, allotment today, listing Monday
Molbio Diagnostics' Rs 940 crore IPO was subscribed 70.26 times, with the QIB portion oversubscribed 186 times. Allotment is finalised on Thursday, August 13, and refunds begin Friday. Shares list on BSE…
Dhoot Transmission IPO subscribed 36% on day one
Dhoot Transmission's IPO was subscribed 0.61 times by 4:36 pm on day one, according to Livemint, though NSE data cited by The Hindu BusinessLine showed 0.36 times at 3:22 pm. Retail bids…
Molbio Diagnostics IPO enters day 2; GMP signals 15.7% listing gain
The Rs 939.70 crore initial public offering of Molbio Diagnostics entered its second day of bidding on August 11. The issue, which opened on August 10 and closes on August 12, has…
Shein IPO value seen at $22-25 billion, far below $30 billion target
Bloomberg Intelligence estimates Shein Global Holdings Ltd.’s IPO value at $22 billion to $25 billion, well below the $30 billion some investors had targeted. The valuation is based on 13 to 15…
BSE allows stock split by three firms including Kirloskar Pneumatic
Three companies have received BSE approval for sub-division of equity shares. Kirloskar Pneumatic Company Ltd (Scrip Code 505283) will split Rs 10 face value shares into Rs 2 each. Spice Islands Industries…
