A large number of Indian companies floated initial public offerings (IPO) in 2021 and early 2022 as stock markets boomed. While the tide turned in the second half of 2022 and primary market activity has remained sluggish this year, many companies are

Sotac Pharmaceuticals IPO worth Rs. 33.30 crore, consists entirely of a fresh issue of Rs. 33.30 crore with no offer for sale component. The IPO just closed on Monday 03rd April 2023 and at the close of the third day, the issue was subscribed 1.60 ti

Divgi TorqTransfer Systems IPO worth Rs. 412.12 crore, consisted of a fresh issue of shares of Rs. 180 crore and an offer for sale (OFS) of the Rs. 232.12 crore. While the fresh issue component brings in funds into the company, it is also EPS and equ

Sah Polymers IPO, worth Rs. 66.30 crore consisted entirely of a fresh issue of shares to the public. There is no offer for sale (OFS) component in the IPO. The entire IPO funds, net of issues expenses will come in as fresh funds into the company

Elin Electronics IPO worth Rs. 475 crore, consisted of a fresh issue of Rs. 175 crore and an offer for sale Rs. 300 crore by the existing shareholders, which includes the promoters and the early investors in the company. The IPO just closed on Thursd

Landmark Cars IPO worth Rs. 552 crore, consisted of a fresh issue of Rs. 150 crore and an offer for sale (OFS) of Rs. 402 crore. The fresh issue component results in dilution of equity and EPS but infuses fresh funds into the company. The OFS portion

Abans Holdings IPO worth Rs. 345.60 crore, consisted of Rs. 102.60 crore fresh issue and Rs. 243 crore offer for sale (OFS). The response was moderate and it was subscribed 1.10X overall at the close of bidding on 15th December 2022. The basis of all

Sula Vineyards IPO worth Rs. 960.35 crore, consisted entirely of an offer for sale (OFS) of the said amount by the existing shareholders. That included the promoters and the early investors in the company. The IPO just closed on Monday 14th December

Dharmaj Crop Guard IPO worth Rs. 251.15 crore, consisted of a fresh issue of Rs. 216 crore and an offer for sale (OFS) of Rs. 35.15 crore. It may be recollected that while the fresh issue component infuses fresh funds into the company and also d

Keystone Realtors IPO (Rustomjee), worth Rs.635 crore, consisted of a fresh issue of Rs560 crore and an offer for sale of Rs75 crore. While the fresh issue will bring in funds into the company, it will also be equity and EPS dilutive. On the oth

Inox Green Energy IPO, worth Rs.740 crore, consisted of a fresh issue of Rs370 crore and an offer for sale of an equivalent amount of Rs370 crore. While the fresh issue will bring in funds into the company, it will also be equity and EPS dilutive. On

Kaynes Technology IPO worth Rs.857.82 crore, comprises of a fresh issue of Rs530 crore and an offer for sale (OFS) of Rs327.82 crore. While the fresh issue component will result in a fresh infusion of funds as well as dilution of equity and EPS, the