Rolex Rings Ltd.: (SUBSCRIBE FOR LONG-TERM)
Issue Size- 81.22-81.36 lakh sharesIssue Open/Close – Jul 28/Jul 30, 2021Price Band (Rs) 880-900Issue Size- 7.16-7.31 bnFace Value (Rs) 10Lot Size (shares) 16 Rolex Rings Limited is one of the top five forging companies in India and a manufacturer and global supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles including two...
Glenmark Life Sciences Ltd.: (Subscribe)
Issue Size- 2.1 bn sharesIssue Open/Close – Jul 27/Jul 29, 2021Price Band (Rs) 695-720Issue Size- 14.61-15.14 bnFace Value (Rs) 2Lot Size (shares) 20Glenmark Life science (GLS) is the wholly owned subsidiary of Glenmark Pharmaceuticals Ltd (GNP IN). In 2001-02, GLS launched the API manufacturing business by setting up a manufacturing facility in Kurkumbh. Currently, the company has two...
Tatva Chintan Pharma Chem Ltd. (Recommendation: Subscribe)
Incorporated in 1996, Tatva Chintan Pharma Chem pvt. ltd is a chemical manufacturing company that manufactures structure directing agents (SDAs), phase transfer catalyst (PTCs), pharmaceutical and agrochemical intermediates, and other specialty chemicals. The company serves customers across industries i.e. automotive, petroleum, agrochemicals, dyes and pigments, paints and coatings,...
Zomato Ltd. IPO (Recommendation: Avoid)
Zomato is one of the leading Food Services platforms in India in terms of value of food sold, as of March 31, 2021. During Fiscal 2021, 32.1 million average MAU visited their platform in India. As of March 31, 2021, they were present in 525 cities in India, with 389,932 Active Restaurant Listings. Their mobile application is the most downloaded food and drinks application in India in each...
IPO Note – Clean Science and Technology Ltd
ISSUE DATES– 7th July 2021- 9th July 2021 PRICE BAND– Rs 880-900 ISSUE SIZE– Rs 15.46 bn Specialty chemicals manufacturer Clean Science and Technology will open its initial public offering for bidding on July 2. The company will not receive money raised through IPO as the money will go to selling shareholders. Clean Science and Technology Limited manufactures...
India Pesticides Limited (IPL)
India Pesticides Limited (IPL) is an R&D driven agro‐chemical manufacturer of Technicals with a growing Formulations business. IPL is the fastest growing agro‐chemical companies in India in terms of volume of Technicals manufactured. The Company is the sole Indian manufacturer of 5 Technicals and among the leading manufacturers globally for Captan, Folpet and Thiocarbamate Herbicide,...
How to check your IPO allotment status?
Initial Public Offering (IPO) is a process through which private companies offer fresh shares to public investors for raising funds. When shares are issued for the first time by any private company then it is known as Initial Public Offering (IPO) and when additional shares are issued by a public company post-Initial Public Offering it is called a follow-on public offering. Initial Public...
Upcoming IPO in India 2021
The IPO market is expected to see a variety of major big releases, thanks to the strong market momentum that guided Sensex and Nifty to record highs in 2021. Investing in IPOs means a chance to get it in quick, get it in easy, and make a big profit. Some IPOs do extremely well, although others have a terrible reaction from investors. Despite the pandemic completely decimating the third and...
PRODUCTION LINKED INCENTIVE SCHEME – PLI
The Production linked incentive (PLI) scheme is a scheme that aims to give incentives to companies on incremental sales (base year is 19-20) from products manufactured in India. It aims to encourage local companies to set up and expand existing manufacturing units thus cutting down reliance on imports from other countries, mainly China. It will also invite foreign companies to set up...
