Awfis Space Solutions IPO will open for subscription on May 22 and close on May 27. The issue includes a fresh issue of ₹ 128 crore and an offer-for-sale (OFS) of up to 12,295,699 equity shares, with a face value of ₹ 10 each. The price band of the issue has been fixed at ₹ 364 to ₹ 383 per equity share of the face value ₹ 10.
The allotment date for the Quest Laboratories Limited Initial Public Offering (IPO) is today, May 21. The IPO was priced at ₹ 93- ₹ 97 per share, with a face value of ₹ 10. The issue consists of lots of 1200 shares and in multiples thereof. Investors can check their allotment status on either the BSE platform or the IPO registrar’s website, Bigshare Services.
Go Digit General Insurance IPO, backed by Virat Kohli, opened for subscription on May 15th and will close on May 17th. The issue size is ₹ 2,614.65 crore, including a fresh issue of 4.14 crore shares worth ₹ 1,125 crore and an offer for sale of 5.48 crore shares worth ₹ 1,489.65 crore. Here are key points to consider before investing:
Novelis, owned by Hindalco Industries, plans to raise approximately $1.2 billion through an initial public offering (IPO) on the New York Stock Exchange in early June. The company, the world’s leading manufacturer of flat-rolled aluminum products, has filed with the US Securities and Exchange Commission for the listing. The IPO details may be subject to change, but Novelis is reportedly targeting a valuation of around $18 billion.
The price band for Go Digit General Insurance Limited’s (Go Digit) initial public offering (IPO) has been set between ₹258 to ₹272 per equity share, with a face value of ₹10. The IPO will open for subscription on May 15 and close on May 17. Allocation of shares to anchor investors will occur on May 14.
The IPO will comprise equity shares with a face value of ₹10. The minimum bid lot is 55 shares, and all subsequent bids must be in multiples of 55 shares.
The distribution of shares among different investor categories is as follows:
* Qualified Institutional Buyers (QIB): 75%
* Non-Institutional Investors (NII): 15%
* Retail Investors: 10%
The basis of share allotment is expected to be finalized on May 21, with refunds for unsuccessful applicants commencing on May 22. Shares will be credited to allottees’ demat accounts on the same day after the refund process is completed. The shares are expected to be listed on the BSE and NSE on May 23.
Go Digit’s promoters include FAL Corporation, Oben Ventures LLP, GoDigit Infoworks Services Private Limited, and Kamesh Goyal. Book running lead managers for the IPO are ICICI Securities Limited, Morgan Stanley India Company Pvt Ltd, Axis Capital Limited, Edelweiss Financial Services Ltd, Hdfc Bank Limited, and Iifl Securities Ltd. Link Intime India Private Ltd. is the registrar for the issue.
The allotment status for Storage Technologies and Automation IPO is expected to be announced today, May 6th. The IPO was heavily subscribed, with institutional buyers and retail investors showing strong interest. The issue received over 278 times the number of shares that were available, making it one of the most sought-after IPOs in recent times. Here’s how to check the allotment status on the BSE website and the registrar’s website:
Winsol Engineers Limited’s initial public offering (IPO) commenced on May 6th. The IPO will conclude on May 9th, with the allotment of shares expected to be finalized on May 10th and listing on the NSE SME on May 14th. The company offers integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions for solar and wind power generation firms.
Swiggy has received approval from its shareholders for an initial public offering (IPO) worth $1.2 billion. The IPO consists of a ₹3,750 crore ($450 million) fresh issue and a ₹6,664 crore ($800 million) offer-for-sale (OFS) component. The IPO is expected to open for subscription sometime this year. Swiggy recorded a $207 million loss for the nine months to December 2023, with a revenue of $1.02 billion during the same period. In fiscal year 2022-23, its revenue was at $1.05 billion.
JNK India Limited’s initial public offering (IPO) opened for subscription on April 23 and will close on April 25 with a price band of ₹395 to ₹415 per equity share. The company aims to raise approximately ₹649.47 crore through this IPO, including ₹300 crore from the issuance of fresh shares and ₹349.47 crore from the offer for sale (OFS).
