IPO Course

5 Upcoming IPOs: Renfra Energy, GNI Infrastructure and Others File SEBI Draft Papers

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5 Upcoming IPOs- Renfra Energy, GNI Infrastructure and Others File SEBI Draft Papers

Summary India’s IPO pipeline continues to expand as five companies have submitted their Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), signalling their plans to launch public issues. The latest applicants include Renfra Energy India, GNI Infrastructure, Pragyawan Technologies, Innoterra and TMC Transformers. These companies represent sectors such as … Read more

Tata Elxsi, Tata Technologies Shares Fall Up to 6% After KPIT Technologies’ Weak Q1 Outlook Shakes Sector Sentiment

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Tata Elxsi, Tata Technologies Shares Fall Up to 6% After KPIT Technologies' Weak Q1 Outlook Shakes Sector Sentiment

Summary Shares of Tata Elxsi and Tata Technologies came under selling pressure on July 1, with both stocks declining sharply in early trade after KPIT Technologies issued a weaker-than-expected business update for the first quarter of FY27. Investors appeared to reassess the outlook for automotive engineering and ER&D companies, triggering a broad-based sell-off across the … Read more

Knack Packaging IPO Raises ₹131.25 Crore from Anchor Investors Ahead of July 1 Public Issue

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Knack Packaging IPO Raises ₹131.25 Crore from Anchor Investors Ahead of July 1 Public Issue

Summary Packaging solutions manufacturer Knack Packaging Ltd. has raised ₹131.25 crore from anchor investors ahead of the launch of its initial public offering (IPO). The company allotted shares at the upper end of the price band, reflecting institutional participation before the issue opens for public subscription on July 1. The IPO includes both a fresh … Read more

OYO Parent Prism Files Updated DRHP for ₹6,650 Crore IPO; Fresh Share Issue Planned, No OFS

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OYO Parent Prism Files Updated DRHP for ₹6,650 Crore IPO; Fresh Share Issue Planned, No OFS

Summary Hospitality technology company Prism, the parent company of OYO, has moved a step closer to its public market debut by filing an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company plans to raise ₹6,650 crore through a 100% fresh issue of shares, while existing investors … Read more

Banking Stocks in Focus Today: HDFC Bank, Axis Bank, PNB, YES Bank and Others See Major Corporate Developments

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Banking Stocks in Focus Today- HDFC Bank, Axis Bank, PNB, YES Bank and Others See Major Corporate Developments

Summary Banking stocks are likely to remain in focus on June 30 after several important corporate announcements across the sector. HDFC Bank named former Finance Secretary Rajiv Kumar as its proposed chairman, Axis Bank and Bandhan Bank reported key CFO resignations, four major public sector banks paid nearly ₹9,439 crore in dividends to the government, … Read more

Apollo Micro Systems Share Price Jumps Despite Weak Market; Defence Order Buzz and Fundraise Plan Lift Sentiment

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Apollo Micro Systems Share Price Jumps Despite Weak Market; Defence Order Buzz and Fundraise Plan Lift Sentiment

Summary Apollo Micro Systems shares outperformed the broader market on Monday, surging nearly 6% even as benchmark indices traded under pressure. Investor optimism was fueled by reports that Bharat Electronics Ltd (BEL) could soon secure a massive defence contract under the Quick Reaction Surface-to-Air Missile (QRSAM) programme, where Apollo Micro Systems is part of the … Read more

SEBI Approves Torrent Gas and Sathya Agencies IPOs; Public Issues Coming Soon

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SEBI Approves Torrent Gas and Sathya Agencies IPOs; Public Issues Coming Soon

Summary India’s IPO pipeline continues to gather momentum as Torrent Gas and Sathya Agencies have secured regulatory approval from SEBI to launch their initial public offerings. While Torrent Gas is expected to hit the market with a pure Offer for Sale (OFS), Sathya Agencies plans to raise fresh capital to reduce debt and fund business … Read more

Turtlemint Share Price Lists at 11% Discount; IPO Investors Lose Nearly ₹1,700 Per Lot

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Turtlemint Share Price Lists at 11% Discount; IPO Investors Lose Nearly ₹1,700 Per Lot

Summary Turtlemint Fintech Solutions made a weak stock market debut on Monday as its shares listed at a sharp discount to the IPO price. The stock opened at ₹134.90 on the NSE against the issue price of ₹152, wiping out over 11% of investors’ capital on listing itself. A retail investor allotted one IPO lot … Read more

Adani Green Crosses a Major Renewable Milestone Ahead of Market Open; Will the Stock Stay in Focus on Monday?

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Adani Green Energy commissions a new 150 MW solar power project in Gujarat, taking total renewable capacity close to 20 GW.

Summary Adani Green Energy is expected to attract investor attention when the market opens on Monday after commissioning a new 150 MW solar power project in Gujarat. The latest addition has pushed the company’s total operational renewable energy capacity to nearly 20 GW, marking another significant milestone in its long-term expansion strategy. The announcement comes … Read more