The Rs.1,282.98 crore IPO of Sansera Engineering, consisting entirely of an offer for sale (OFS), was subscribed 11.47X overall at the close of bidding on 16 September. The basis of allotment will be finalized on Tuesday, 21 September. If you have ap

One of the most popular caller identification services, Truecaller, has filed for $116 million IPO (equivalent to Swedish Kroner 1 billion) on NASDAQ Sweden. What is unique about Truecaller is that despite being a global company, it counts India amon

The Rs.1,282.98 crore IPO of Sansera Engineering, consisting entirely of an offer for sale (OFS), had been fully subscribed on Day-2 itself. As per the combined bid details put out by the BSE at the close of Day-3 of the issue, Sansera Engineering IP

Paras Defence and Space Technologies IPO will open for subscription on 21st September and close on 23rd September. Here are seven things to know about the Paras Defence IPO. 1) It is engaged in the design, development, producti

Low-cost hospitality firm Oyo has taken one more step towards its proposed IPO later this year. During the week, Oravel – the parent company of Oyo Rooms, announced that the registrar of companies (ROC) had approved the conversion of Oravel fr

The Rs.1,282.98 crore IPO of Sansera Engineering, consisting entirely of an offer for sale (OFS), got just subscribed on Day-2. As per the combined bid details put out by the BSE, Sansera Engineering IPO was subscribed 1.02X overall, with bulk of the

Ami Organics had a solid listing on 14 September as it listed at a much better premium than indicated by the GMP and held on to the gains. Ami Organics listed at a premium of 49.18% and traded through the day in a range of Rs.100. The stock closed th

Vijaya Diagnostic Centre had a tepid listing on 14 September as it listed at a premium of 1.7%; much better than the discount listing indicated by the GMP. More importantly, Vijaya not only held on to the gains but also built on it. Vijaya Diagnostic

The Rs.1,282.98 crore IPO of Sansera Engineering, consisting entirely of an offer for sale or OFS, has been partially subscribed on Day-1. As per the combined bid details put out by the BSE, Sansera Engineering IPO was subscribed 0.53X overall, with

India’s own home-made rival to Salesforce, Freshworks, will shortly launch a $912 million IPO in the US markets, Freshworks will be targeting an overall valuation of $9 billion for the business. Freshworks started its journey in India, but is curre

Ami Organics had a solid listing on 14 September as it listed at a much better premium than indicated by the GMP and held on to the gains. Ami Organics listed at a premium of 49.18% and traded through the day in a range of Rs.100. The stock closed th

Grey market premium or GMP may not have much of official value, but as an information indicator it is useful. It gives a quick view on where the stock is expected to list and at what levels it could trade. This is specifically in case of IPOs where t