GAGA Share Market News

[hfe_template id='11223'] [ad_1] The primary market will see four new IPOs opening for subscription next week including three in the SME segment. Apart from these new issues, the Street will also witness 7 listings. Going forward, the primary market momentum for the rest of the year looks strong with some bankers expecting as many as 1,000 IPOs in the next two years. Here's what to look forward to on IPO front next week Denta Water and Infra IPO Denta Water and Infra Solutions IPO will open on January 22 for subscription and will close on January 24. Investors can bid for a minimum of 50 equity shares in one lot for which the price band has been set at Rs 279 to Rs 294 apiece. The IPO is entirely a fresh issue of equity shares up to 75,00,000 with no offer for sale component. The proceeds from its fresh issuance to the extent of Rs 150 crore will be utilized for meeting working capital requirements; and general corporate purpose, subject to the applicable laws. Estab...

[hfe_template id='11223'] [ad_1] The mainboard IPO market will have no new issues for the second consecutive week, but the SME segment is more than making up with three new public offers scheduled next week. Tunawal E-Motors, Macobs Technologies and Kataria Industries will launch their respective issues in the SME segment next week. Apart from the above three SME issues, the Street will also see the sole listing of Sahaj Solar Ltd. The lull in the IPO market may only last for a while as 55 companies are gearing up to raise a whopping Rs 68,000 crore through initial share sales in the next few months, according to analysts. What to look forward to on the IPO front next week Tunawal E-Motors IPO The SME IPO of Tunawal E-Motors will open for subscription on July 15 and close on July 18. The company has priced the IPO at Rs 59 apiece, where investors can bid for 2000 shares in one lot. Net proceeds for the public offer will be used for funding working capital requirements, r...