Posts

Showing posts from December, 2024

Unimech Aerospace and Manufacturing IPO subscribed 3.82 times on Day 1

The Initial Public Offering of Unimech Aerospace and Manufacturing Limited was subscribed 3.82 times on the first day of bidding. The issue received bids of 1,79,56,102 shares against the offered 47,04,028 equity shares, at a price band of ₹745-785, according to the data available on the stock exchanges. Retail Portion and Non-Institutional Investors Portion were subscribed 4.46 times and 4.03 times respectively, whereas Qualified Institutional Buyer Portion were subscribed 2.49 times. Employee Portion was subscribed 6.48 times. The issue kicked off for subscription on Monday, December 23, 2024, and will close on Thursday, December 26, 2024. A day before the opening of the issue, Unimech Aerospace and Manufacturing Ltd raised Rs 149.55 crores from anchor investors. Foreign and Domestic Institutions who participated in the anchor included Goldman Sachs India Equity Portfolio, ICICI Prudential Transportation and Logistics Fund, Tata India Innovation Fund, Motilal Oswal, Edelweiss Truste...

Unimech Aerospace and Manufacturing Limited’s Initial Public Offering to open on Monday, December 23, 2024, price band set at ₹745/- to ₹785- per Equity Share

Unimech Aerospace and Manufacturing Limited’s Initial Public Offering to open on Monday, December 23, 2024, price band set at ₹745/- to ₹785- per Equity Share Price Band of ₹745/– ₹785- per Equity Share bearing face value of ₹5/- each (“Equity Shares”) Bid/Offer Opening Date – Monday, December 23 2024 and Bid/Offer Closing Date – Thursday, December 26 2024. Minimum Bid Lot is 19 Equity Shares and in multiples of 19 Equity Shares thereafter. The Floor Price is 149 times the face value of the Equity Share and the Cap Price is 157 times the face value of the Equity Share. Bangalore, December 18, 2024: Unimech Aerospace and Manufacturing Limited, has fixed the price band of ₹745/- to ₹785- per Equity Share of face value ₹5/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, December 23, 2024, for subscription and close on Thursday, December 26, 2024. Investors can bid for a minimum of 19 Equity Shares and in multipl...

Senores Pharmaceuticals Limited’s Initial Public Offering to open on Friday, December 20, 2024, price band set at ₹372/- to ₹391/- per Equity Share

Image
Mumbai, December 18, 2024: Senores Pharmaceuticals Limited, a global research driven pharmaceutical company engaged in developing and manufacturing a wide range of generic pharmaceutical products in the B2B segment for the Regulated Markets of US, Canada and United Kingdom and Emerging Markets across various therapeutic areas and dosage forms, has fixed the price band of ₹372/- to ₹391/- per Equity Share of face value ₹10/- each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or “Offer” ) of the Company will open on Friday, December 20, 2024 , for subscription and close on Tuesday, December 24 , 2024 . Investors can bid for a minimum of 38 Equity Shares and in multiples of 38 Equity Shares thereafter. The IPO is a mix of fresh issue of up to Rs 500 crore and an offer of sale of up to 21,00,000 shares. The offer includes a reservation of up to 75,000 equity shares for subscription by eligible employees under the employee reservation portion.   The...