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 shares of United Heat Transfer debuted on the NSE SME platform at a premium of 3.3% on Tuesday. The stock listed at Rs 60.95 as against an issue price of Rs 59. Considering the upper price band of Rs 380, the stock is expected to list at a premium of 29% over the issue price. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly. The net proceeds from the public offer will be used for funding of repayment of loans, working capital requirements and other general corporate purposes. The company is engaged in the manufacture of a range of shell and tube heat exchangers, air-cooled heat exchangers, pressure vessels, and process flow skids equipment which are used as critical types of equipment for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships, ferries, pleasure boats, a...

[hfe_template id='11223'] [ad_1] The shares of Shiv Texchem debuted on the BSE SME platform at a premium of 44% on Tuesday. The stock listed at Rs 239 as against an issue price of Rs 166. The net proceeds from the public offer will be used for long term working capital requirements and general corporate purposes. The company is primarily engaged in the business of importing and distribution of hydrocarbon-based chemicals of the product family viz. Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates, which are critical raw materials and inputs and have application across a wide spectrum of industries. In the petrochemical industry, there is a wide array of base chemicals that serve as the foundation for various derivative chemicals. These chemicals serve as secondary and tertiary chemicals for application in various industries. Its business focuses on the import and redistribution of these secondary and tertiary chemicals, which are...

[hfe_template id='11223'] [ad_1] Unilex Colours and Chemicals made its debut on the NSE SME platform on Thursday, opening with a premium of 2.3%. The stock listed at Rs 89, compared to its issue price of Rs 87. The net proceeds from the public offer will be used for funding working capital requirements, repayment of debt, and other general corporate purposes. The company is engaged in the business of manufacturing of pigment, and the trading of chemicals and food colours. The pigments manufactured by it find diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating. Within Pigments, the company specializes in Pigment Blue 15:3 and 15:4, with an annual production capacity of 1878 mtpa. Its products are marketed under the registered brand name Unilex. The company caters to both domestic and international markets, providing a wide range of pigment solutions for various industries. Its manufacturing facility si...