Latest news with #BSESMEIPO
Mint
2 days ago
- Business
- Mint
Ace Alpha Tech IPO Day 2: GMP, subscription status, price band, other details of SME IPO
Ace Alpha Tech IPO: The initial public offering (IPO) of consulting and advisory firm Ace Alpha Tech Private Limited is witnessing a tepid response from investors. The ₹ 32 crore BSE SME IPO, which combines a fresh issue of 35,48,400 shares and an offer for sale (OFS) of 11,22,000 shares, opened for subscription on Thursday, June 26. The latest grey market premium (GMP) of Ace Alpha Tech indicates the stock could be listed at a premium of nearly 20 per cent. By 12:25 PM on the second day of subscription, the SME IPO had been subscribed 0.62 times. The retail portion was almost fully subscribed at that time, while the portion reserved for non-institutional buyers had been subscribed 0.50 times. 1. Ace Alpha Tech IPO GMP: According to market sources, the latest grey market premium (GMP) of Ace Alpha Tech shares was ₹ 13. The latest GMP indicates the stock could be listed at a nearly 20 per cent premium. 2. Ace Alpha Tech IPO date: The BSE SME IPO opened for subscription on Thursday, June 26, and will conclude on Monday, June 30. 3. Ace Alpha Tech IPO price: The price band of the public issue has been fixed at ₹ 65 to ₹ 69 per equity share. 4. Ace Alpha Tech IPO size: The company intends to raise ₹ 32 crore from the issue, which it will use to meet capital expenditure and for general corporate purposes. 5. Ace Alpha Tech IPO lot size: Bidders can apply in lots, and one lot of the SME IPO comprises 2,000 company shares. 6. Ace Alpha Tech IPO reservation: 22,00,000 shares are reserved for QIBs (including anchor investor shares), while 15,44,000 shares are reserved for retail investors. 6,62,000 shares are reserved for NIIs. 7. Ace Alpha Tech IPO allotment date: The company is expected to finalise the share allotment on Tuesday, July 1. Successful bidders can expect shares of the company in their demat accounts on Wednesday, July 2, and bidders who fail to get the allocation may get the refund on the same day. 8. Ace Alpha Tech IPO book-running lead manager and registrar: Narnolia Financial Services Ltd is the book-running lead manager, while Skyline Financial Services Private Limited is the registrar for the issue. 9. Ace Alpha Tech IPO listing: As per SEBI's T+3 rule of IPO listing, the SME IPO is proposed for listing on the BSE SME on Thursday, July 3. 10. Ace Alpha Tech business overview: The company caters to financial industry with its comprehensive suite of trading solutions to clients ranging from institutional investors to stockbrokers. "We provide various solutions to our clients, including set up for institutional trading, B2B Retail Trading, User Management, Proprietary Trading solutions and custom trading. Along with this, we ensure the redressal of client issues, our support system, and provide end-to-end solutions," says the company's RHP. For FY22, the company's profit stood at ₹ 13.45 lakh, which rose to nearly ₹ 3.32 crore in FY23 and ₹ 10.65 crore in FY24. In FY25 till December 31, the company's profit was ₹ 8.5 crore. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Mint
2 days ago
- Business
- Mint
Neetu Yoshi IPO Day 1: GMP, subscription status, price band, other details of BSE SME IPO
Neetu Yoshi IPO: The initial public offering (IPO) of customised ferrous metallurgical products manufacturer opened for subscription on Friday, June 27. The book-building issue of ₹ 77.04 crore is entirely a fresh issue of 1,02,72,000 shares. The latest grey market premium of Neetu Yoshi indicates the stock could be listed at a healthy premium of over 30 per cent. By 10:25 AM on the first day of subscription, the issue had been subscribed to 2 per cent, with the retail portion booked 4 per cent and the segment reserved for non-institutional investors (NIIs) subscribed 3 per cent. The segment reserved for qualified institutional buyers had not seen any subscriptions until then. 1. Neetu Yoshi IPO GMP: According to market sources, the latest grey market premium (GMP) of Neetu Yoshi shares was ₹ 24. The latest GMP indicates the stock could be listed at a 32 per cent premium. 2. Neetu Yoshi IPO date: The BSE SME IPO opened for subscription on Friday, June 27, and will conclude on Tuesday, Jul 1. 3. Neetu Yoshi IPO price: The price band of the public issue has been fixed at ₹ 71 to ₹ 75 per equity share. 4. Neetu Yoshi IPO size: The company intends to raise ₹ 77 crore from the issue, which, according to the RHP, it will use to set up a new manufacturing facility and for general corporate purposes. 5. Neetu Yoshi IPO lot size: Bidders can apply in lots, and one lot of the SME IPO comprises 1,600 company shares. 6. Neetu Yoshi IPO reservation: 48,72,000 shares are reserved for QIBs, while 34,14,400 shares are reserved for retail investors. 14,65,600 shares are reserved for NIIs. 7. Neetu Yoshi IPO allotment date: The IPO is closing on Tuesday, July 1, so as per SEBI's listing rules, the company is expected to finalise the share allotment on Wednesday, July 2. Successful bidders can expect shares of the company in their demat accounts on Thursday, July 3, and bidders who fail to get the allocation may get the refund on the same day. 8. Neetu Yoshi IPO book-running lead manager and registrar: Horizon Management Private Limited is the book-running lead manager, while Skyline Financial Services Private Limited is the registrar for the issue. 9. Neetu Yoshi IPO listing: As per SEBI's T+3 rule of IPO listing, the SME IPO is proposed for listing on the BSE SME on Friday, July 4. 10. Neetu Yoshi's business overview: According to Neetu Yoshi's RHP, the company is a foundry with an integrated CNC machine shop engaged in the business of manufacturing customised products in different grades of ferrous metallurgical products. "Our product portfolio covers different grades of mild steel, spheroidal graphite iron, cast iron and manganese steel, from as small as 0.2 kgs to 500 kgs finished metallurgical products. We are a RDSO-certified vendor for the manufacturing and supply of over 25 casting products for Indian Railways," says the RHP. The company's profit for FY22 stood at ₹ 7.03 lakh, which rose to ₹ 42.32 lakh in FY23 and surged to ₹ 12.58 crore in FY24. In FY25, till December 31, the company's profit was ₹ 12 crore. Revenue from operations for FY22 came at ₹ 4.59 crore, for FY23 at ₹ 16.23 crore, for FY24 at ₹ 47.33 crore and for FY25 (till December 31) at ₹ 51.36 crore. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
News18
03-06-2025
- Business
- News18
3B Films IPO Closes Today: Check Subscription Status, GMP Today
Last Updated: The current GMP of the 3B Films IPO is zero, signalling zero or negative listing returns for investors as of now. 3B Films IPO Day 3: The initial public offering of 3B Films Ltd is going to be concluded at 5 pm today, Tuesday, June 3. The IPO has received a muted response so far. Till 10:14 am on the final day of bidding on Tuesday, the Rs 33.75-crore BSE SME IPO received a 1.40 times subscription, garnering bids for 90,00,000 shares as against 64,08,001 shares on offer. The retail and NII participation stood at 2.03 times and 0.78 times, respectively. Gujarat-based 3B Films manufactures and supplies cast polypropylene (CPP) and cast polyethylene (CPE) films. The three-day IPO was opened on Friday, May 30. It received a 0.86 times subscription on the first day of bidding on Friday and a 1.34 times subscription on the second day of bidding. 3B Films IPO Price The price has been fixed in the range of Rs 50 apiece. 3B Films IPO GMP Today According to market observers, the current GMP of the 3B Films IPO is zero, signalling zero or negative listing returns for investors as of now. Unlisted shares of 3B Films Ltd are trading at Rs 50 apiece in the grey market, which is the same as the IPO price of Rs 50. The shares of 3B Films Ltd will be listed on the BSE's SME platform on Friday, June 6. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The minimum lot size for an application is 3,000. The minimum amount of investment required by retail investors is Rs 1,50,000. The bidding can be done in multiple of 3,000. The company is planning to raise Rs 33.75 crore through a fresh issue of 3.54 million equity shares and an offer-for-sale (OFS) of 3.19 million shares. The SME IPO will close for subscription on Tuesday, June 3, 2025. The basis of the allotment of shares is expected to be finalised on Wednesday, June 4, 2025. Maashitla Securities is the registrar of the issue. Nirbhay Capital Services is the sole book-running lead manager for the issue. According to the red herring prospectus (RHP), from the net fresh issue proceeds, the company aims to use Rs 4.43 crore for capital expenditure, Rs 7.15 crore for working capital requirements and Rs 4.43 crore for general corporate purposes.
News18
08-05-2025
- Business
- News18
Manoj Jewellers IPO Allotment: How To Check Status Online? Know GMP Today
Last Updated: Manoj Jewellers IPO: Unlisted shares of Manoj Jewellers Ltd are currently trading at Rs 54 apiece, which is zero premium (GMP) over the IPO price of Rs 54. Manoj Jewellers IPO Allotment Status: The initial public offering of Manoj Jewellers Ltd closed on Wednesday with 1.14 times subscription. Once finalised, investors will start getting bank debit messages. They can also check the IPO allotment status online on registrar Skyline Financial Services Pvt Ltd's website. The Manoj Jewellers BSE SME IPO, which was open for public subscription between May 5 and May 7, received a 1.14 times subscription garnering bids for 32,44,000 shares as against 28,48,000 shares on offer. The retail and NII participation stood at 1.01 times and 1.27 times, respectively. Manoj Jewellers IPO Allotment: How To Check Allotment Status? The IPO allotment is expected to take place today, May 8, in the evening. Once allotted, investors can check the allotment status by following these steps: Step 1: Visit Step 2: Select company name by choosing 'Manoj Jewellers Ltd'. Step 3: Enter 'application number/ CAF No.', 'beneficiary ID', or 'PAN number'. Your share application status will appear on your screen. Alternatively, you can also check the Manoj Jewellers allotment status on the BSE's website. Here's the direct link: The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Manoj Jewellers IPO: More Details The Manoj Jewellers IPO is a fixed price of Rs 16.20 crore. The issue is entirely a fresh issue of 30 lakh shares. The Manoj Jewellers IPO bidding started from May 5, 2025, and ended on May 7, 2025. The allotment for Manoj Jewellers IPO was finalised on Thursday, May 8, 2025. Manoj Jewellers IPO will be list on the BSE SME with a tentative listing date fixed as Monday, May 12, 2025. The Manoj Jewellers IPO price is Rs 54 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is Rs 1,08,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to Rs 2,16,000. Jawa Capital Services Private Limited is the book-running lead manager of the Manoj Jewellers IPO, while Skyline Financial Services Private Ltd is the registrar for the market maker for Manoj Jewellers IPO is Shreni Shares Limited. First Published: May 08, 2025, 12:33 IST
News18
08-05-2025
- Business
- News18
Srigee DLM IPO Receives Over 490.9x Subscription On Day 3; Check GMP Today
Last Updated: Unlisted shares of Srigee DLM Ltd are trading at Rs 124 apiece in the grey market, which is a 25.25 per cent premium over the upper IPO price of Rs 99. Srigee DLM IPO Day 3: The initial public offering of Srigee DLM Ltd received an overwhelming response from investors. The three-day IPO was closed on Wednesday at 5:00 pm. Till 5:00 pm on the final day of bidding on May 7, the Rs 16.98-crore BSE SME IPO received a whopping 490.93 times subscription garnering bids for 56,14,24,800 shares as against 11,43,600 shares on offer. The retail and NII participation stood at 243.71 times and 1,534.66 times, respectively. The qualified institutional buyers (QIB) category has received a 136.52 times subscription on the Day 2 so far. The IPO was fully subscribed in less than an hour of its opening on Monday. On the first day of bidding, it was subscribed by 13.77 times. The price band of the Srigee DLM IPO has been fixed in the range of Rs 94 to Rs 99 apiece. For investors, the minimum lot size for an application is 1,200. The minimum amount of investment required by retail investors Rs 1,18,800 on an upper price band. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to Rs 2,37,600. Srigee DLM IPO GMP Today According to market observers, unlisted shares of Srigee DLM Ltd are currently trading at Rs 124 apiece in the grey market, which is a 25.25 per cent premium over the upper IPO price of Rs 99. It indicates a decent listing gains for investors on May 12, the tentative listing date. The IPO will be listed on the BSE SME platform. After the IPO closes on May 7, the Srigee DLM IPO allotment will likely be finalised on May 8. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The Srigee DLM IPO is entirely a fresh issue of 17.15 lakh shares. Its price band has been fixed at Rs 94 to Rs 99 per share. As of December 31, 2024, Srigee DLM Limited reported revenue of Rs 54.34 crore and a profit after tax (PAT) of Rs 3.77 crore. The market capitalisation for the Srigee DLM IPO stands at Rs 59.14 crore. As per the red herring prospectus (RHP),the company's listed peers are Amber Enterprises India Ltd (with a P/E of 169.65), and Cyient DLM Ltd (with a P/E of 55.46). GYR Capital Advisors Private Limited is the book-running lead manager of the Srigee DLM IPO, while Bigshare Services Pvt Ltd is the registrar for the market maker for Srigee DLM IPO is Globalworth Securities Limited. First Published: May 07, 2025, 14:52 IST
