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) 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,...
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...
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...
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...
Company Overview: Indigo Paints Limited was founded in the year 2000 as the manufacturer of low-end cement paints. Right from the start, the company had a clear focus on establishing a vast distribution network to extend its reach across India. Company’s Product Portfolio: The company has expanded its range of products by including water-based paints like emulsions (interior and...
The Indian Railway Finance Corporation (IRFC) has announced an IPO to be launched on January 18, 2021. The IPO price band is Rs.25 to Rs.26 per equity share and the lot size is 576 shares. About the company IRFC was founded in 1986 with the objective of borrowing funds from the markets to finance the creation and/or acquisition of assets to be leased to the Indian Railways. It is a...
Mrs. Bectors Food Specialities Ltd is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India. They have come up with an IPO which opens on 15th December 2020 and closes on 17th December 2020. Please find below some basic details :- Price band – 286 – 288 per share Bid lot – 50 shares and in multiples of 50...