GAGA Share Market News

[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] Shares of Sai Swami Metals listed on the BSE SME platform at a premium of 90% on Wednesday. The stock debuted at Rs 114 as against an issue price of Rs 60. Ahead of the listing, the company's shares traded with a premium of Rs 50 in the unlisted market. The IPO, which was completely a fresh equity issue of 25 lakh shares, received massive response from investors with an overall subscription of over 500 times at close. The net proceeds from the public offer will be used for investment in subsidiary company Emmforce Mobility Solutions in the form of equity or debt for meeting the requirement of working capital and other general corporate purposes. Sai Swami Metals is actively involved in the trading and marketing of a comprehensive array of stainless steel products, addressing the diverse needs of its discerning customers.Also Read: Plant-based specialty product maker Sanstar gets Sebi nod for an IPOThe product line is specifically desi...