Hexaware Technologies Limited formally announced the opening of its initial public offering (IPO) of its equity share on February 12, 2025. This will be the largest IPO in IT services, higher than the Tata Consultancy Services’ IPO of ₹4,713 crore in 2004. During the announcement on Thursday, Srikrishna Ramakarthikeyan CEO of Hexaware, also talked about…
Chamunda Electricals Ltd IPO has opened for subscription on Tuesday, February 4, and will close on Thursday, February 6. Chamunda Electricals IPO price band has been fixed in the range of ₹47 to ₹50 per equity share of face value of ₹10 each. Bids can be made for a minimum of 3,000 equity shares and…
The SME IPO of Amwill Healthcare, which opened for subscription on Wednesday, was fully subscribed by the second day of bidding, reaching an overall subscription of 1.15 times as of 11:00 AM. The retail portion saw a subscription of 1.37 times, while non-institutional investors subscribed to 49% of their allocated quota. Meanwhile, qualified institutional buyers…
Explore the IPO calendar for February 2025, featuring key dates for mainboard and SME IPOs, including Arisinfra Solutions, Ajax Engineering, Avanse Financial Services, and more.
The IPO market is kicking off 2025 with a packed schedule, featuring seven new public issues collectively aiming to raise over ₹2,400 crore, and six listings lined up next week. This vibrant start highlights the strong momentum carried forward from the previous year. Standard Glass Lining Technology, a manufacturer of engineering equipment for pharmaceutical and…
Carraro India is scheduled to finalise the basis of allotment of its shares on Thursday, December 26. Bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate latest by Friday, December 27. The auto and auto component maker’s IPO had received a muted response from the…
Mamata Machinery is scheduled to finalize the basis of allotment of its shares on Tuesday, December 24. Bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate latest by Thursday, December 26. The industrial instruments maker had received a bumper response from the investors during the…
Amid the ongoing flurry of IPOs, three issues- Ventive Hospitality, Senores Pharmaceuticals and Carraro India- which opened for bidding on Friday, December 20, are eyeing to cumulatively raise more than Rs 3,432.11 crore. All five issues will conclude on Tuesday, December 24. Here’s their Day 2 subscription status and GMPs for these three IPOs: Ventive…
ET Intelligence Group: Carraro India, a subsidiary of Italy-based Carraro SpA and engaged in manufacturing components for tractors and construction equipment, plans to raise ₹1,250 crore through an offer for sale. The parent’s stake will fall to 68.8% after the IPO from 100%. The company has in-house design and manufacturing capabilities. However, it historically has…
The Rs 179.39 crore-initial public offering (IPO) of Mamata Machinery shall open for today, that is on Thursday, December 19. The company is selling its shares in the range of Rs 230-243 apiece. Investors can bid for the issue until Monday, December 23, applying for a minimum of 61 equity shares and its multiples thereafter….
