Since it's an OFS, Kent RO won't directly raise funds, but the IPO will allow the company to list its shares on stock exchanges, boosting its public visibility and market profile.
Senores Pharmaceuticals shares closed 6% below their listing price, although they are still up 43% from the IPO price.
The business has a track record of building and acquiring prestigious hotel properties in a variety of regions and hospitality markets.
While the allotment for Qualified Institutional Buyers (QIBs) was subscribed to 235.88 times
In order to collect roughly ₹840 crore in the primary market, the offer went live for public subscription on December 19.
According to DRHP, the IPO proceeds will be used for capital expenses, including civil construction and interior upgrades at the Viman Nagar office.
Funds from the fresh issue will be used for working capital, capital expenditure, and general corporate purposes.
Funds from the fresh issue will support a greenfield project in the UAE, a brownfield expansion in Vasai, debt repayment, and working capital requirements.
Subscriptions for the Indo Farm Equipment IPO will be accepted starting on December 31, 2024, and will end on January 2, 2025.
Company | List Price | List Date | Issue Price | LTP (%Chg) |
---|---|---|---|---|
470.00 | 03 Oct 2024 | 220.00 | +915.85 (94.86%) | |
755.20 | 12 Apr 2024 | 570.00 | +1,378.75 (82.57%) | |
211.00 | 13 Mar 2024 | 221.00 | +349.35 (65.57%) | |
31.06 | 12 Nov 2024 | 30.00 | +50.50 (62.59%) | |
290.00 | 28 Aug 2024 | 206.00 | +461.70 (59.21%) | |
432.25 | 30 May 2024 | 383.00 | +679.35 (57.17%) | |
225.00 | 03 Apr 2024 | 210.00 | +345.15 (53.4%) | |
188.00 | 04 Oct 2024 | 168.00 | +275.00 (46.28%) | |
279.05 | 22 Nov 2024 | 273.00 | +404.65 (45.01%) | |
374.00 | 14 Jan 2025 | 290.00 | +536.20 (43.37%) | |
750.00 | 09 Sep 2024 | 529.00 | +1,000.00 (33.33%) | |
228.00 | 05 Mar 2024 | 171.00 | +285.35 (25.15%) | |
314.30 | 15 May 2024 | 315.00 | +393.25 (25.12%) |
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ATTENTION INVESTORS
Risk Disclosure on Derivatives
Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248.
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.