#IPO NEWS

[nikkhilblog]

Bajaj Housing Finance IPO is Open!

Looking to invest in a strong and growing housing finance company? The Bajaj Housing Finance IPO is now open for subscription!

Key Details:

Price Band: ₹66-70 per share

Issue Size: ₹6,560 crore

Subscription Period: September 9-11, 2024

Don't miss this opportunity to be part of the Bajaj Group's housing finance journey!

[metalmanauto]

Metalman Auto files draft papers with SEBI to raise funds via IPO

The IPO consists of a fresh issue of Rs 350 crore and an offer for sale of upto 12.64 million shares by its existing shareholders and promoters.

Metalman Auto Ltd has submitted a Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise capital through an Initial Public Offering (IPO). The IPO includes a fresh issuance of shares worth Rs 350 crore and an offer for sale of up to 12.64 million shares by the company’s current shareholders and promoters.

The proceeds from the fresh issue will be allocated as follows: Rs 25 crore will be used to partially finance the capital expenditure for the procurement of plant and machinery at the Pithampur manufacturing unit 2. The company also plans to utilize Rs 240 crore to repay a portion of its existing debt. As of June 2024, Metalman Auto Ltd has a total debt of Rs 314.43 crore.

The firm operates nine manufacturing units across five states in India, strategically located near OEM customers to ensure efficient production and supply. Axis Capital, ICICI Securities, and Motilal Oswal Investment Advisors are the lead managers for this issue.

Metalman Auto Ltd is a leader in the metal fabrication, finishing, and assembly sector in India, specializing in the production of metal components for two-wheelers (including both electric and internal combustion engines), three-wheelers, passenger vehicles, commercial vehicles, agri-vehicles, and off-highway vehicles. Additionally, the company manufactures aesthetic components for white goods, such as panels for washing machines, and offers contract manufacturing services for two-wheeler electric vehicle (2W EV) OEMs.

[sharebazaar]

Bajaj Housing Finance IPO opens on Monday: GMP jumps; shareholder quota, date, review, other details of upcoming IPO

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[ipogmp]

Top Upcoming IPOs to Watch in 2024: Latest Grey Market Premium Updates

Top Upcoming IPOs to Watch in 2024: Latest Grey Market Premium Updates

As we venture into 2024, the IPO market is brimming with anticipation. For investors, this year promises a wealth of opportunities, with several high-profile companies preparing to go public. Whether you're a seasoned investor or just beginning to dip your toes into the market, staying informed about upcoming IPOs and their Grey Market Premiums (GMP) is crucial for making sound investment decisions.

In this blog, we'll explore some of the top upcoming IPOs to watch in 2024 and provide insights into their GMP trends. These metrics can offer valuable clues about investor sentiment and the potential success of these public offerings.

KRN Heat Exchanger IPO

IPO Details:

IPO Date: September 25–27, 2024

Industry: Engineering & Manufacturing

Price Band: ₹202-₹220 per share

GMP (as of last update): ₹225

Why It’s Worth Watching: KRN Heat Exchanger has gained a strong market position by offering innovative and sustainable solutions in the industrial engineering sector. The company’s consistent financial performance and recent expansion into advanced heat exchange technologies have made this IPO one to watch. With a Grey Market Premium (GMP) of ₹225, there is a strong indicator of investor confidence, suggesting a significant oversubscription is likely.

Investor Tip: As the GMP remains high, keep track of any fluctuations that could provide insight into investor sentiment before the listing date. Strong market interest could result in a profitable listing.

Manba Finance IPO

IPO Details:

Expected IPO Date: September 23–25, 2024

Industry: Financial Services

Price Band: ₹114-₹120 per share

GMP (as of last update): ₹60

Why It’s Worth Watching: Manba Finance has established itself as a leader in consumer and vehicle financing, with a growing portfolio and expanding client base. The company’s robust revenue growth in 2024 and a strong return on equity (ROE) make this IPO attractive to investors. With a current GMP of ₹60, Manba Finance is poised for moderate listing gains, appealing to both retail and institutional investors.

Investor Tip: Monitor any significant changes in the GMP and consider how this IPO fits within broader market trends in the financial sector. Given its stable growth and strong fundamentals, this IPO could offer long-term returns.

TechEra Engineering IPO

IPO Details:

Expected IPO Date: September 25–27, 2024

Industry: Aerospace & Defense Manufacturing

Price Band: ₹75-₹82 per share

GMP (as of last update): ₹10

Why It’s Worth Watching: TechEra Engineering has carved out a niche in the aerospace and defense sectors, with its cutting-edge manufacturing processes. The company has shown impressive growth, with revenue jumping from ₹26.59 crore in 2023 to ₹39.08 crore in 2024. Although the current GMP is a modest ₹10, the company’s long-term prospects and growing order book in the defense sector make it a worthwhile investment for those looking at long-term gains.

Investor Tip: TechEra’s focus on high-precision components and increasing global market share could yield substantial future growth. While the short-term gains may be limited, this IPO could offer strong potential for long-term investors.

Understanding Grey Market Premium (GMP) and Its Importance

Grey Market Premium (GMP) is an indicator of the premium at which IPO shares are being traded in the unofficial market before they are listed on the stock exchanges. A high GMP typically signals strong investor interest and the likelihood of the IPO being oversubscribed, potentially leading to higher listing gains.

How to Use GMP in Your Investment Strategy:

Gauging Demand: A rising GMP often indicates increasing demand for the IPO shares, which could translate into a successful listing.

Risk Assessment: While a high GMP can be a positive sign, it’s important to consider the overall market conditions and the company’s fundamentals before investing.

Timing Your Investment: Monitoring GMP trends can help you decide whether to invest in the IPO or wait until the shares are listed and trading begins on the exchange.

Final Thoughts

2024 is shaping up to be an exciting year for IPOs, with several companies poised to make a significant impact on the market. By keeping track of upcoming IPOs and their Grey Market Premiums, you can better navigate the investment landscape and identify opportunities for potential gains.

As always, while GMP can offer valuable insights, it should be just one of many factors considered when making investment decisions. Thorough research and a clear understanding of your financial goals will help you make the most of the opportunities that 2024 has to offer.

Stay tuned to our platform for the latest updates on upcoming IPOs and GMP trends. Whether you’re looking to capitalize on short-term gains or seeking long-term investment opportunities, staying informed is key to success in the dynamic world of IPO investing.

[care4share]

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[whatisautomobileinsuranceexactly]

Top 10 Highly Subscribed IPOs in the Indian Stock Market: Breaking Records with Investor Demand

In recent years, the Indian stock market has experienced a remarkable surge in Initial Public Offerings (IPOs), many of which have been oversubscribed several hundred times. Top 10 Highly Subscribed IPOs in the Indian Stock Market

This overwhelming demand from investors not only signifies a strong confidence level in the respective companies but has also resulted in substantial listing gains for those fortunate enough to secure allotments.

This article delves into the ten most subscribed initial public offerings (IPOs) in the Indian stock market, emphasizing the significant elements that contributed to their prominence and the remarkable level of interest they garnered from investors. Read Full Article

[pavanib]

Shareholder Quota in Bajaj Housing Finance: How to Get the Best from Your Investment?

Are you among the proud shareholders of Bajaj Finance or Bajaj Finserv? If yes, here is some good news for you!  You will get a golden opportunity to apply for the Bajaj Housing Finance IPO under the exclusive Shareholder Quota category. Here's everything that you need to know to reap the most out of this chance.

What is the Shareholder Quota?

This is a special quota allocation available to all existing shareholders of the parent companies. For Bajaj Housing Finance, this means that if you own shares in Bajaj Finance or Bajaj Finserv, you're eligible to apply for shares in their IPO under this category.

How Much Can You Apply?

As updated in the latest addendum, the maximum bidding allowed under the Shareholder Quota category is ₹2 lakh. That means you can apply for shares of up to ₹2 lakh under this quota.

Possible Combinations to Apply with Shareholder Quota

You can combine your application under Shareholder Quota with other categories as per your investment strategy. Here's a breakdown of how you can do it:

Shareholder Quota + BHNI (BIG-HNI): You can apply under the Shareholder Quota and also place a bid in BHNI (Big-HNI) category if you so prefer. The best option, if looking to invest a decent amount and widening your chances for an allotment.

Shareholder Quota + SHNI: You could also apply under the Shareholder Quota and bid in the SHNI category. Such a combination would therefore be suitable for an investor who desires to spread out his application across different categories.

Shareholder Quota + Retail: You may also apply under the Shareholder Quota and simultaneously bid in the Retail category. This is best suited if you are trying your luck at many categories for an allotment.

Key Points to Remember

The maximum bid limit for the shareholder quota, as per the latest addendum, is ₹ 2 lakh.

The applicant should be a shareholder either in Bajaj Finance or Bajaj Finserv. 

Considering your investment goals, you can combine your application in the Shareholder Quota with BHNI, SHNI, or Retail categories as you like. 

The Shareholder Quota offers an excellent opportunity for the existing shareholders of Bajaj Finance and Bajaj Finserv to participate in Bajaj Housing Finance IPO by increasing the probability of allotment. Whether combining your application with BHNI, SHNI, or Retail categories, make sure to invest judiciously so that the probability of getting shares increases.

Ready to seize this opportunity? Well, just wait for the IPO dates, and then have a go at it!

Feel free to ask for any queries or assistance anytime. Cheers to investing!

[financecoursereviewpune]

Source: https://mentormecareers.com

[livenews24x7hindi]

GMP बढ़कर 70 रुपये हुआ, आज इस IPO को सब्सक्राइब करने का आखिरी दिन

आईपीओ बंद होने के बाद सोमवार 26 अगस्त को शेयरों का आवंटन किया जाएगा। मंगलवार 27 अगस्त को शेयर निवेशकों के डीमैट खातों में जमा कर दिए जाएंगे। शेयर बाजार में कंपनी की लिस्टिंग बुधवार 28 अगस्त को हो सकती है। ओरिएंट टेक्नोलॉजीज के शेयर दोनों प्रमुख बाजार एक्सचेंज बीएसई और एनएसई पर लिस्ट होंगे। Orient Technologies IPO GMP Price Today: आईटी सेक्टर से जुड़ी कंपनी ऑरिएंट टेक्नोलॉजीज़ का आईपीओ 21 अगस्त को…

[nikkhilblog]

Exciting IPO Opportunities Coming Soon!

Stay ahead of the market with insights into the most anticipated IPOs. 💡 Be the first to know about upcoming launches from top companies!

Want to learn more? Visit 👉 hmatrading.in/upcoming-ipos for all the details.

[metalmanauto]

Top 5 Auto Parts Manufacturers | Metalman Auto Ltd.

Metalman Auto Ltd. is proud to be ranked among the top 5 auto parts manufacturers in India, a testament to our dedication to quality and innovation. We specialize in producing a diverse range of metal components, including body panels, chassis parts, and assemblies for various automotive applications. Our cutting-edge facilities and experienced workforce enable us to deliver products that meet the stringent requirements of global automotive standards. We are continuously expanding our capabilities to include new technologies and materials, ensuring that we remain at the forefront of the industry. Our partnerships with leading OEMs and suppliers demonstrate our ability to deliver reliable, high-performance components that enhance vehicle safety and efficiency. With a focus on sustainability and technological advancement, Metalman Auto is setting new benchmarks in automotive component manufacturing.

[sharebazaar]

Bajaj Housing Finance: क्या आपको मौजूदा भाव पर बजाज फाइनेंस के शेयर में निवेश करना चाहिए?

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– nifty buy sell signals,

– best shares to buy,

– profit making stocks,

– low risk investment option & lot more

by the best SEBI-registered RA firm.

[nerdsleaze]

Join Godhood on their Journey to Become the Next Entertainment Powerhouse!

He who holds the IP, holds the power. And now, YOU can be part of that power!

Godhood Comics is launching their Wefunder campaign with a goal of raising $300K to fuel the future of BIPOC stories in media. With a minimum investment of just $100, you can help us adapt, fund, and scale the incredible IPs from black and brown creators that Hollywood overlooks.

🚀 Why Invest?

Cultural Impact: Godhood is creating stories that resonate with diverse audiences, shaping the future of entertainment.

Proven Success: The Godhood is a team of industry veterans ready to propel to new heights.

Community Power: Join a passionate community that believes in the importance of representation and storytelling.

Exciting Announcement!

Spoof Animation is now part of the Godhood family, bringing ‘Bloodwars,’ ‘Ajaka,’ and ‘HeroCorps’ to our lineup! This is just the beginning of our journey to dominate the animation space.

Don’t miss out on this unique opportunity to invest in the next big thing in entertainment.

Invest today and help Godhood bring these groundbreaking stories from page to screen! ➡️ https://wefunder.com/godhoodmedia