DENTA WATER PRICE BAND
Malpani Pipes IPO subscribed over 41 times so far on Day 3: Check GMP, price band and other details
Malpani Pipes IPO: Ahead of listing, Malpani Pipes And Fittings' shares traded at a Rs 10-11 GMP on Friday, an 11% premium over the Rs 90 IPO price band. Net IPO proceeds will fund capital expenditure on plant and machinery, debt repayment, and general corporate purposes, supporting the company's growth and financial stability.
Malpani Pipes IPO subscribed over 10 times so far on Day 2: Check GMP, price band and other details
Malpani Pipes And Fittings' SME IPO was fully subscribed, with a 10.16 times overall subscription as of Day 2. The company aims to raise Rs 26 crore through a fresh issuance of 28.80 lakh shares, priced between Rs 85-90. Proceeds will fund capital expenditure, debt repayment, and general corporate needs. The IPO is set to list on February 4.
Denta Water & Infra Solutions shares hit 5% upper circuit post listing
Denta Water & Infra Solutions' shares hit a 5% upper circuit at Rs 346.4 after debuting on the exchanges. The IPO was oversubscribed 221 times, with the funds being used for working capital and corporate purposes. The company specializes in water management and infrastructure projects, with significant growth expected in the market.
Denta Water and Infra shares list at 12% premium over issue price
Denta Water share price listed at a 12% premium after a highly subscribed IPO. The company specializes in water management and infrastructure projects, with major contributions to Bengaluru's wastewater management. It plans to use IPO funds for working capital and corporate purposes. Analysts foresee growth, but risks include government revenue dependence and project delays.
Malpani Pipes And Fittings IPO: Check key dates, price band, GMP and other details
Malpani Pipes And Fittings IPO opened for subscription, aiming to raise around Rs 26 crore. The IPO price band is fixed at Rs 85-90 apiece, and the issue will be available for bidding until January 31. The net proceeds will be used for capital expenditure and debt repayment.
HM Electro Mech IPO subscribed over 12 times so far on Day 2: Check GMP, price band and other details
HM Electro Mech IPO comprises 36.99 lakh fresh equity shares, targeting Rs 28 crore at a price of Rs 71-75 per share. Investors can bid in lots of 1,600 shares. The offer opened on January 24 and closes on January 28, with final allotment expected on January 29. Shares are scheduled to list on January 31.
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GB Logistics Commerce IPO subscribed over 7 times so far on Day 2: Check GMP, price band and other details
GB Logistics Commerce's SME IPO was fully subscribed on the second day of bidding, with a 7.76 times overall subscription. The company aims to raise Rs 25.07 crore through the issuance of 24.58 lakh shares, with the IPO price band set at Rs 95-102 per share. The stock is set to list on the BSE SME platform on January 31.
Denta Water and Infra IPO share allotment likely today. Check status, GMP, listing and other details
Denta Water and Infra Solutions IPO, heavily subscribed, will finalize its share allotment date today. The company's strong order book and business model attracted high investor interest, garnering a subscription 221 times over. Denta Water specializes in groundwater recharging using recycled water with numerous ongoing projects and solid financial contracts.
IPO Calendar: 2 new issues, 6 listings to keep investors busy in Budget week
Next week, the primary market will see two new IPOs, including Dr Agarwal's Health Care and SME segment's Malpani Pipes And Fittings. Dr Agarwal's aims to raise up to Rs 3,027.26 crore, while Malpani Pipes targets nearly Rs 26 crore. Additionally, six listings, including Denta Water, which had a massive oversubscription, are expected.
Denta Water IPO subscribed by over 66 times on Day 3: Check key dates, GMP, subscription, price band, review
Denta Water's IPO received overwhelming interest, subscribing 66.15 times by the final day, with non-institutional investors leading at 180.18 times. The company aims to raise Rs 220 crore for growth and working capital. The price range is Rs 279-294 per share, with a 35% premium in GMP. Analysts recommend subscribing for long-term growth.
HM Electro Mech IPO: Check key dates, GMP, price band and other details
HM Electro Mech's SME IPO opens today and aims to raise Rs 28 crore through the issue of 36.99 lakh shares priced between Rs 71-75 each. The IPO closes on January 28, with shares expected to list on January 31. Funds will be used for working capital and general corporate purposes. Beeline Capital Advisors is the lead manager.
Denta Water IPO subscribed nearly 25 times so far on Day 2: Check key dates, GMP, subscription, price band, review
Denta Water IPO: Non-institutional investors (NIIs) displayed the strongest interest, with subscriptions soaring to 54.27 times, followed by retail investors, who subscribed 25.10 times. The portion allocated to qualified institutional buyers (QIBs) saw a subscription of 1.72 times.
Denta Water IPO opens for bidding; GMP rises 56%; check key dates, subscription, price band, review
Denta Water's IPO has opened for subscription, aiming to raise around Rs 220 crore through a fresh equity sale. The GMP indicates a premium of 56% to the issue price. The shares are priced at Rs 279-294 each, with a lot size of 50 shares. Analysts recommend subscribing for the long term due to Denta Water's strong order book and efficient business model.
Denta Waters many fields; one can plumb the risks
Denta Water and Infra Solutions plans to raise ₹221 crore via IPO to fund working capital, diversify projects, and expand geographically. Profitability and margins have declined despite revenue growth, posing high-risk investment potential.
IPO Calendar: 4 new issues, 7 listings to keep primary markets busy next week
Four new IPOs will open next week, including three in the SME segment, with a strong primary market momentum forecasted. The Denta Water and Infra IPO opens on January 22.
Denta Water and Infra Solutions IPO to open on Jan 22; sets price band at Rs 279-294/ share
Water and infrastructure solutions company Denta Water and Infra Solutions Ltd on Friday said it has fixed a price band of Rs 279 to Rs 294 per share for its initial share-sale opening for public subscription on January 22.
Denta Water and Infra Solutions IPO to open on January 22, price band set at Rs 279 to Rs 294 per equity share
Denta Water and Infra Solutions' IPO will open on January 22 and close on January 24, offering 75,00,000 equity shares at a price band of Rs 279 to Rs 294 per share. The fresh issue aims to raise Rs 150 crore for working capital and corporate purposes. The company specializes in water management infrastructure and has been involved in key government projects.
Standard Glass Lining Technology IPO Day 3: GMP at 69%. Check Price Band, Review and other details
Standard Glass Lining Technology's IPO, valued at Rs 1,250 crore, closes today after being oversubscribed nearly 35 times by the end of the second day. The price band is set at Rs 133-140 per share. Analysts recommend subscribing due to robust growth prospects and favorable valuations compared to peers. Currently, Standard Glass Lining GMP is robust at Rs 96, which indicates a premium of 69% over the issue price.
Standard Glass Lining Technology IPO subscribed over 50 times on Day 3. Check key dates, price band, GMP and review
The IPO of Standard Glass Lining Technology has been heavily oversubscribed, with non-institutional investors leading the demand. The company plans to use the proceeds for capital expenditure, debt repayment, and strategic investments. The allotment date is January 9, and shares will list on January 13.
Standard Glass Lining Technology IPO subscribed over 17 times on Day 2. Check key dates, price band, GMP and review
Standard Glass Lining Technology's IPO, which opened for subscription on January 6, had been subscribed 17.61 times by day two, with the highest demand from non-institutional investors. The raised funds will be utilized for capital expenditure, debt repayment, and strategic investments. The issue is valued at FY24 P/E 47.8x based on the upper price band.
Standard Glass Lining IPO gets 13 times subscription on Day 1. Check GMP, key dates, price band and review
Standard Glass Lining Technology's IPO was fully subscribed within hours of opening, achieving a 13.32 times oversubscription on its first day. The highest demand came from non-institutional investors with 25.42 times subscription. The company has a price band of Rs 133-140 per share and expects robust growth in revenue.
Standard Glass Lining Technology IPO opens for subscription. Check key dates, price band, GMP and review
Standard Glass Lining Technology IPO is now open for subscription until January 8. The issue includes a fresh equity issue and an offer of sale. The company aims to raise funds for capital expenditure, debt repayment, and strategic investments. The price band is Rs 133-140 per share. The allotment is expected on January 9.
Standard Glass Lining IPO opens tomorrow. GMP, Price band, Key dates among 10 things to know
The Glass-Lined Equipment (GLE) industry is poised for significant growth, driven by multiple factors. GLE protects the contained media from exposure to water, other chemicals, alkalis, and corrosion, providing a desirable environment for storing the media. GLE is resistant to contamination and capable of operating in a variety of environments.
Concord Enviro Systems IPO subscribed 10.67 times as on Day 3. Check GMP, review and other details
Concord Enviro Systems IPO was subscribed 10.67 times on the final day, with significant interest from QIBs, retail, and non-institutional investors. The IPO includes a fresh equity sale worth Rs 175 crore and is set to raise Rs 500 crore in total. The company plans to use proceeds for investments in subsidiaries and general purposes.
Concord Enviro Systems IPO subscribed 1.24 times as on Day 2. Check GMP, review and other details
Concord Enviro Systems' IPO, worth ₹500 crore, was subscribed 1.24 times by Friday. Retail investors showed strong interest, while QIB participation remained low. The company plans to use proceeds for subsidiary investments. Analysts recommend subscribing, citing strong financials and growth potential. The IPO is set to close on December 23, with listing expected on December 27.
Concord Enviro Systems IPO opens. Check key dates, price band, GMP and review
Concord Enviro Systems' IPO, worth Rs 500 crore, opened for subscription until December 23. The company, specializing in water treatment solutions, priced shares at Rs 665-701. Analysts recommend subscribing, citing strong financials and growth potential. Listing is expected on December 27.
Ganesh Infraworld IPO Day 3: GMP, Price Band, Subscription and Key Dates
Ganesh Infraworld's SME IPO achieves a substantial subscription of 369.7 times, aiming to raise Rs 98.6 crore with a fresh equity sale of 1.18 crore shares. The funds are allocated for long-term working capital and corporate purposes. The shares are priced between Rs 78-83, with a GMP of Rs 73, indicating an 88% upside potential.
Apex Ecotech IPO opens today: Check key dates, GMP, price band and other details
Apex Ecotech's SME IPO opens today, seeking to raise Rs 25.54 crore by offering 34.99 lakh shares at Rs 71-73 apiece. The water and wastewater management company plans to list on NSE SME. The IPO closes November 29, with allotment expected December 2 and listing December 4. Proceeds will fund working capital and general corporate purposes.
Enviro Infra Engineers IPO: GMP, Price Band, Subscription, Key Dates, Review
Enviro Infra Engineers IPO GMP Today: Enviro Infra Engineers IPO subscribed 18 times, with strong demand from non-institutional investors. The issue includes a Rs 572 crore fresh equity sale, with funds for working capital and project expansion.
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