Browsing category IPO

Spandana Sphoorty Financial Ltd IPO: Analysis, Review, Update

11th July 2022

Update - Quarterly Numbers: Spandana Sphoorty Financial Limited - a public limited company registered with Reserve Bank of India (an NBFC-MFI) has announced its financial results for quarter and year ended March 31, 2022. On a standalone basis, the company’s total income for the period ended 31 March, 2022 stood at INR 274.85 Cr as against INR 330.67 Cr for the period ended 31 December 2022, registering a de-growth of 16.88% Q-O-Q basis. The same stood INR 465.61 Cr a period year ago,

By Vishal Dalwadi

No Comment

Metro Brands Limited IPO – Review

10th December 2021

Metro Brands Limited - one of the largest Indian footwear specialty retailers - is planning to raise INR 1367.5 Cr via IPO (295 Cr Fresh Issue + 1072.5 Cr OFS) IPO Opening & Closing Date: metro brands ipo date fixed as Dec 10, 2021 to Dec 14, 2021. Metro Brands Limited: Profile & Business The Company opened its very first store under the Metro brand in Mumbai in the year 1955, and since then evolved into a one-stop-shop for all footwear needs, by retailing a large range of

By Vishal Dalwadi

No Comment

Shriram Properties Limited IPO – Review

8th December 2021

Shriram Properties Limited - one of the leading residential real estate development companies in South India - is planning to raise INR 600 Cr via IPO (250 Cr Fresh Issue + 350 Cr OFS) Shriram Properties Limited: Profile Incorporated in the year 2000 in Bengaluru, Shriram Properties Ltd is a part of Shriram Group of companies which is a prominent business group world over with over four decades of operating history in India and a well-recognized business brand in the retail financial

By Vishal Dalwadi

No Comment

Anand Rathi Wealth IPO – Review

3rd December 2021

Anand Rathi Wealth Limited - one of the leading non-bank wealth solutions firms in India - is planning to raise INR 660 Cr via IPO [0 Cr Fresh Issue + 660 Cr OFS] Anand Rathi Wealth: Company Profile Anand Rathi Wealth Limited, registered with AMFI as a Mutual Fund Distributor, has, since 2002, been in the business of Private Wealth, catering to HNIs and UHNIs. The Company is one of the prominent non-bank wealth solution providers and has been positioned amongst the top 3 non-bank MF

By Vishal Dalwadi

No Comment

Tega Industries Limited IPO – Review

2nd December 2021

Tega Industries Limited - one of the global leaders in the design and production of consumables for the mining, mineral beneficiation, and bulk solids handling industry - is planning to raise INR 619 Cr via IPO [0 Cr Fresh Issue + 619 Cr OFS] Tega Industries: Company Profile Tega Industries Limited is an Indian corporation headquartered in Kolkata (India) was started in the year 1976 by Madan Mohanka, an alumnus of Indian Institute of Management (IIM) Ahmedabad (India). The company focuses

By Vishal Dalwadi

No Comment

Star Health and Allied Insurance Co Limited IPO – Review

1st December 2021

Star Health and Allied Insurance Co Limited - an Indian health insurance company based in Chennai - is planning to raise INR 7250 Cr via IPO [2000 Cr Fresh Issue + 5250 Cr OFS] Star Health and Allied Insurance: Company Profile The Company provides services in (1) health, (2) personal accident, and (3) overseas travel insurance, directly as well as through other business channels like online, brokers, and agents. The Company is also prominently into bancassurance having long-standing

By Vishal Dalwadi

No Comment

Mindspace Business Parks REIT IPO – Review, Update

18th December 2020

Update: Institutional Buying Activity Daily report available on the NSE suggests that THE VANGUARD GROUP INC A/C VANGUARD EMERG. MKTS STOCK INDEX FD A SERIES OF V I E I F has bought 51,19,600 shares of the company at an average price of INR 321.88 on December 18. The stock ended 1.32% or Rs. 4.32 lower and ended at INR 321.87 when the market closed. July 26, 2020 Mindspace Business Parks REIT - backed by Mumbai-based realtor K Raheja Corp and private equity firm

By Vishal Dalwadi

No Comment

BURGER KING IPO – Review, Update

14th December 2020

Update: Burger King India Listing - Burger King India Limited, the Indian subsidiary of the US-based giant Burger King, has made stock investors' wealthier as the stock more than doubled on its debut on December 14. The stock opened at INR 115.35, against its issue price of INR 60 on the Bombay Stock Exchange, while on the National Stock Exchange, shares made a debut at INR 112.50, a 87.50% premium over IPO price. The listing premium was better-than-expected given (1) the stellar

By Vishal Dalwadi

No Comment