Tamilnad Mercantile Bank (TMB) IPO Analysis
Tamilnad Mercantile Bank Ltd. (Subscribe) Issue Size – 15,840,000 sharesIssue Open/Close – Sept 05/Sept 07, 2022Price Band (Rs.) 500 – 525Issue Size- Rs 8316 mnFace Value (Rs.) 10Lot Size (shares) 28 Tamilnad Mercantile Bank (“TMB”) was incorporated on May 11, 1921. TMB, headquartered in Thoothukudi (Tamil Nadu, India), is one of the oldest and leading old private sector banks in...
Delhivery Ltd. IPO (May Subscribe)
Issue Size -113,336,452 – 107,517,088 shares Issue Open/Close – May 11/May 13, 2022 Price Band (Rs.) 462 – 487 Issue Size- Rs 52.35 bn Face Value (Re.) 1 Lot Size (shares) 30 Delhivery provides a full range of Logistics services, including delivery of the express parcels and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight...
Everything You Need To Know About LIC IPO
Issue Size – 221,374,920 sharesIssue Open/Close – May 04/May 09, 2022 Price Band (Rs.) 902-949Issue Size- Rs 195.17- 205.57 bnFace Value (Rs.) 10Lot Size (shares) 15Discount Detail: Retail Category Rs.45/ per share. LIC Employees Rs.45/ per share. LIC Policyholders Rs.60/- per share.* Implied market cap based on the upper price band LIC is the largest insurance provider...
Campus Activewear Ltd. (May Subscribe)
Issue Size (‘000)- 47,950,000 sharesIssue Open/Close – Apr 26/Apr 28, 2022Price Band (Rs.) 278-292Issue Size- Rs 14 bnFace Value (Rs.) 5Lot Size (shares) 51 Campus Activewear is the largest sports and athleisure footwear brand in India in terms of value and volume in FY21. It introduced its brand ‘CAMPUS’ in 2005 and are lifestyle-oriented sports and athleisure footwear company that offers...
Rainbow Children’s Medicare Ltd. (May Subscribe)
Issue Size (‘000)- 29,427 – 29,167 sharesIssue Open/Close – Apr 27/Apr 29, 2022Price Band (Rs.) 516-542Issue Size- Rs 15.18- 15.8 bnFace Value (Rs.) 10Lot Size (shares) 27 Rainbow Children’s Medicare Limited (RCML) is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India, operating 14 hospitals and three clinics in six cities, with a total bed capacity...
New Age IPO Post Market Correction
The unstoppable bull run between 2020-21 got the attention of everyone related to the stock market as well as almost everyone not related to the stock market too. Almost everyone wanted to take maximum advantage of the ever-rising market including the companies. Thus, 2021 witnessed one of the longest lists of companies launching their IPO. The market, which was believed to be...
Vedant Fashions Limited IPO (May Subscribe)
Issue Size- 36,364,838 sharesIssue Open/Close – Feb 04/Feb 08, 2022Price Band (Rs) 824-866Issue Size- Rs 29.96-31.49 bnFace Value (Re.) 1Lot Size (shares) 17 Vedant Fashions Limited (VFL) caters to the Indian celebration wear market with a diverse portfolio of brands. The company offers a one-stop destination with a wide spectrum of product offerings for every celebratory occasion to...
Adani Wilmar IPO – Date, Issue Size, Valuation
Adani Wilmar Ltd (AWL) the equal joint venture between Adani Enterprises Ltd and Wilmar International Ltd, and the owner of the Fortune brand of edible oils, has set the price band for its public issue at Rs 218-230 per share, valuing the company at Rs 262.87 bn. The firm has cut its IPO size to Rs 36 bn from Rs 45 bn earlier. The proceeds from the issue worth Rs 19 bn will be used for...
Data Pattern (India) Ltd: IPO
(High risk investors may Subscribe) Issue Size- 10,276,874 – 10,055,114 sharesIssue Open/Close – Dec 14 /Dec 16, 2021Price Band (Rs) 555-585Issue Size- Rs 5.88 bnFace Value (Rs) 2Lot Size (shares) 25 Data Patterns (India) Ltd. is one of the few integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. They have...