GAGA Share Market News

[hfe_template id='11223'] [ad_1] The shares of Refractory Shapes debuted on the NSE SME platform with a premium of 142% on Tuesday. The stock was listed at Rs 75 as against an issue price of Rs 31. Ahead of the debut, the company's shares traded with a premium of Rs 15 in the unlisted market. The IPO, which was completely a fresh equity issue of 60 lakh shares, received robust response from investors with an overall subscription of over 200 times at close. The net proceeds from the public offer will be used for funding of capital expenditure, repayment of debt, purchase of commercial vehicles and general corporate purposes. The company engaged in the manufacturing of different types of bricks, castables, high alumina catalyst and ceramic balls which includes pre cast and pre fired blocks, burner blocks, special shaped refractory bricks, dense and insulating castables and mortars.The tailored made products shaped by the company finds its application in a diverse range...

[hfe_template id='11223'] [ad_1] The shares of Winsol Engineers debuted on the NSE SME platform with a premium of 387% on Tuesday. The stock was listed at Rs 365 as against an issue price of Rs 75. Ahead of the debut, the company's shares traded with a premium of Rs 200 in the unlisted market. The IPO, which was completely a fresh equity issue of 31.15 lakh shares, received a bumper subscription of over 600 times at close. The net proceeds from the public offer will be used for setting up working capital requirements, general corporate purposes, and public issue expenses. Based in Jamnagar, Winsol Engineers is an integrated engineering, procurement, construction and commissioning company providing Balance of Plant (BoP) solutions for both wind and solar power generation companies.Its core services for BoP Solutions include foundation work, substation civil and electrical work, right of way services, cabling to substation and Grid, and other miscellaneous activities.A...

[hfe_template id='11223'] [ad_1] After receiving a bumper response to the IPO, the shares of Slone Infosystems listed with a premium of 50% on the NSE SME platform. The stock was listed at Rs 118.50 as against an issue price of Rs 79. Ahead of the debut, the company's shares traded with a premium of Rs 40 in the unlisted market. The IPO, which was completely a fresh equity issue of 14 lakh shares, received an overall subscription of over 600 times at close, driven by strong interest from non-retail investors. The net proceeds from the public offer will be used for capital expenditure, repayment of debt, working capital requirements and other general corporate purposes. Also Read: Aadhar Housing Finance IPO fully booked on Day 2. Check subscription, GMP and other detailsSlone Infosystems is an IT hardware solutions company, engaged in selling and renting of IT equipment and in providing IT service solutions in India.It deals in selling and renting of IT equipment like...