Latest news with #KfinTechnologies
News18
7 days ago
- Business
- News18
Anthem Biosciences IPO Allotment Finalised, Listing On Monday: What Does Latest GMP Signal?
Anthem Biosciences IPO: Investors can check their allotment status on the websites of registrar Kfin Technologies as well as exchanges BSE and NSE. Anthem Biosciences IPO Allotment Status And GMP: The basis of allotment of the Anthem Biosciences IPO has been finalised, and investors can check their allotment status on the websites of registrar Kfin Technologies as well as exchanges BSE and NSE. Now, all eyes are on its listing, which is scheduled to take place on both BSE and NSE on Monday, July 21. The IPO was open for public subscription between July 14 and July 16. It received a strong 67.42 times subscription, garnering bids for 2,81,49,30,794 shares as against the 4,17,50,321 shares on offer. The retail and NII participation stood at 5.98x and 44.70x, respectively. The QIB category received a 192.80x subscription. Option 1: Kfin Technologies (Registrar) Website Enter Details: Input the details corresponding to the selected mode (e.g., your PAN, application number, or Demat account details). Complete CAPTCHA: Fill in the CAPTCHA for security verification and click 'Submit' to view your allotment status. The status will show whether shares were allotted and, if so, how many. Option 2: Check Allotment Status on BSE Website You can also check the allotment status on the BSE website. Here's how: Visit the BSE IPO Page: Go to Select Issue Type: Choose 'Equity" as the issue type. Select IPO: From the dropdown menu, select 'Anthem Biosciences Limited'. Complete CAPTCHA: Tick the 'I'm not a robot" CAPTCHA and click 'Search" to view your allotment status. Anthem Biosciences IPO GMP Today The IPO's grey market premium currently stands at 25.26%, indicating strong listing gains. According to market observers, unlisted shares of Anthem Biosciences Ltd are currently trading at Rs 714 against its upper IPO price of Rs 570. It means a grey market premium or GMP of Rs 144, which is 25.26% over its issue price, indicating strong listing. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The price band of the mainboard IPO, which aims to raise Rs 3,395 crore, was fixed in the range of Rs 540 to Rs 570. The IPO is entirely an offer-for-sale (OFS). So, the company will not receive any funds from the issue and the proceeds will go to the selling shareholders. Anthem Biosciences raised Rs 1,016 crore from anchor investors ahead of its initial share-sale opening for public subscription. Some of the investors that participated in the anchor book are — Abu Dhabi Investment Authority, Government Pension Fund Global, Eastspring Investments, Amundi Funds, PineBridge Global Funds and Societe Generale, HDFC MF (MF), ICICI Prudential MF, Axis MF, UTI MF, Quant MF and Motilal Oswal MF. Anthem is into innovation-driven and technology-focused Contract Research, Development and Manufacturing Organization (CRDMO) with fully integrated operations spanning across drug discovery, development and manufacturing. It also manufactures and sells complex specialized fermentation-based Active Pharmaceutical Ingredients (APIs), including probiotics, enzymes, peptides, nutritional actives, vitamin analogues and biosimilars. Sai Life Sciences Ltd, Syngene International, Suven Life Sciences and Divi's Laboratories are the listed peers of Anthem Biosciences. JM Financial, Citigroup Global Markets India, J P Morgan India and Nomura Financial Advisory and Securities (India) are the book-running lead managers for the issue. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : initial public offering (IPO) IPO view comments Location : New Delhi, India, India First Published: July 18, 2025, 10:45 IST News business » ipo Anthem Biosciences IPO Allotment Finalised, Listing On Monday: What Does Latest GMP Signal? Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
11-07-2025
- Business
- Business Standard
GLEN Industries IPO allotment today; check status, latest GMP, listing date
GLEN Industries IPO allotment status: The basis of allotment of shares for GLEN Industries is expected to be finalised today, Friday, July 11, 2025. The initial public offering (IPO) of GLEN Industries, which closed its three-day subscription window on Thursday, July 10, received an overwhelming response from investors, with the offering being oversubscribed nearly 242.32 times, riding on the back of the non-institutional investors who bid for a whopping 350.72 times the quota reserved for them, showed the BSE data. Here's how to check the GLEN Industries IPO allotment status online Once the allotment of GLEN Industries IPO shares is finalised, investors can check their status on the official websites of the BSE and Kfin Technologies, the registrar for the issue. Alternatively, investors can also use the following direct links to check the GLEN Industries IPO allotment status online: GLEN Industries IPO details The SME offering, valued at around ₹63.02 crore, comprises an entirely fresh issue of 6.5 million equity shares without any offer-for-sale (OFS) component. The public issue was open for subscription from Tuesday, July 8, 2025, to Thursday, July 10, 2025. It was priced in the range of ₹92–97 per share, with a lot size of 1,200 shares. Kfin Technologies is serving as the registrar, while GYR Capital Advisors acts as the sole book-running lead manager for the IPO. GLEN Industries plans to utilise the IPO proceeds for setting up a new manufacturing facility at Purba Bardhaman, West Bengal. The company will further use the proceeds for general corporate purposes. GLEN Industries IPO grey market premium (GMP), listing estimate Shares of GLEN Industries were commanding a solid premium in the grey markets on Friday. According to sources tracking unofficial market activities, GLEN Industries shares were quoted at around ₹142 per share, reflecting a grey market premium (GMP) of ₹45 or 46.39 per cent over the upper end of the issue price. Shares of GLEN Industries are tentatively expected to list on the BSE SME platform on Tuesday, July 15, 2025. The current GMP trend suggests a solid listing for the company's shares. Should the current grey market trends sustain, GLEN Industries shares may yield a return of over 46 per cent to allotted shareholders. However, it is important to note that GMP is an unregulated market indicator and should not be relied upon for assessing the company's actual market performance. About GLEN Industries Glen Industries manufactures eco-friendly food packaging and service products, including thin-wall containers and compostable straws. The company serves sectors like Hotels, Restaurants, and Cafés, as well as the beverage industry. Glen Industries has a 90,000 sq. ft. manufacturing facility in Dhulagarh, equipped with advanced machines, and exports products to regions like Europe, the USA, and Australia. The company's product portfolio includes thin-wall food containers and compostable straws, with varying production capacities.
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Business Standard
09-07-2025
- Business
- Business Standard
Meta Infotech IPO booked 155x; check allotment status, GMP, listing date
Meta Infotech IPO allotment status: The initial public offering (IPO) of cybersecurity solutions company, Meta Infotech, received an overwhelming response from the investors across categories on the third and final day of subscription on July 8, 2025. According to BSE data, Meta Infotech IPO was booked 155.28 times on the last day of bidding. The issue received bids for around 555.53 million shares compared to 3.57 million equity shares on the offer. The demand was led by non-institutional investors (NIIs), who subscribed to the allotted portion by 197.52 times, followed by qualified institutional buyers (QIBs) at 147.76 times and retail investors at 122.06 times. However, the portion booked for employees was subscribed to only 59 per cent. Here's how to check Meta Infotech IPO allotment status: Investors who participated in the Meta Infotech IPO can check their allotment status on the official websites of BSE or Kfin Technologies, the issue registrar. Visit the BSE IPO allotment status page - Select 'Equity' as issue type From the dropdown menu, select "Meta Infotech" Enter your application number or PAN Complete verification Click on 'Search' and your allotment status will appear on the screen. Steps to check Meta Infotech IPO allotment status on Kfin Technologies: Go to the IPO allotment status page on the Kfin Technologies website - Choose "Meta Infotech" from the dropdown menu Enter your application number, Demat or PAN Click on submit and enter the captcha to view your allotment status Meta Infotech IPO grey market premium (GMP) The unlisted shares of Meta Infotech were trading at ₹206 in the grey market, commanding a premium of ₹45 or 27.95 per cent compared to the upper end price of ₹161, according to the sources tracking unofficial markets. Meta Infotech IPO details The SME offering opened for bidding on Friday, July 4 and closed on Tuesday, July 8, 2025. Shares of Meta Infotech are scheduled to list on the BSE SME platform on Friday, July 11, 2025. The company has set the price band in the range of ₹153 to ₹161, with a lot size of 800 shares. Hem Securities is the book-running lead manager of the issue. About Meta Infotech Incorporated in 1998, Meta Infotech provides cybersecurity solutions for various industries, including banking, IT and manufacturing. The company delivers comprehensive cybersecurity solutions and services for protecting and maintaining the integrity of information and systems. It procures the cybersecurity products from various international OEMs who develop solutions to ensure secure access, defence for web applications, cloud workload protection, etc. In addition, the company has entered into agreements as authorised resellers with various OEMs for the distribution of cybersecurity products, software along with its licenses and subscriptions etc.
Time of India
07-07-2025
- Business
- Time of India
Glen Industries IPO to open on July 8; fixes issue price band at Rs 92-97 per share
Kolkata-based Glen Industries on Monday said it has fixed a price band at Rs 92-97 per share for its Rs 63.02 crore initial share sale that will open for public subscription on July 8. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Kolkata-based Glen Industries on Monday said it has fixed a price band at Rs 92-97 per share for its Rs 63.02 crore initial share sale that will open for public subscription on July Initial Public Offering (IPO) will conclude on July 10, and the company's shares will be listed on the SME platform of BSE, Glen Industries said in a public issue is entirely a fresh issue of up to 64.97 lakh equity from the issue will be utilised to set up a new manufacturing facility at Purba Bardhaman, West Bengal and for general corporate in 2007, Glen Industries is engaged in the manufacturing of eco-friendly food packaging and service company specialises in producing thin-wall food containers and compostable straws, serving sectors such as hotels, restaurants, cafes/catering (HoReCa), beverage, and the food packaging exports its products to Europe, the USA, Australia, the Middle East, and Industries reported a revenue of Rs 170.66 crore and profit after tax of Rs 18.27 crore in Capital Advisors is the sole book-running lead manager, and Kfin Technologies is the registrar for the IPO.
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Business Standard
01-07-2025
- Business
- Business Standard
Meta Infotech IPO opens on July 4: Check price band, lot size, key dates
Meta Infotech IPO: Meta Infotech, a cybersecurity solutions company, is set to launch its initial public offering (IPO) on Friday, July 4, 2025. The issue comprises a fresh issuance of 1.24 million equity shares worth ₹890 crore and an offer-for-sale (OFS) component of 3.75 million shares worth ₹60.13 crore. According to the red herring prospectus (RHP), the company has reserved not more than 50 per cent of the issue for qualified institutional buyers (QIBs), not less than 35 per cent for retail investors, and 15 per cent for non-institutional investors (NIIs). Here are the key details of Meta Infotech IPO Meta Infotech IPO price band, lot size Meta Infotech has set the price band for its IPO in the range of ₹153 to ₹161 per equity share. The minimum lot size for an application is 800 shares. A retail investor would require a minimum investment amount of ₹1,28,200, considering the upper price band, to bid for one lot. The minimum investment required for high-net-worth individuals (HNIs) is 2,57,600 for two lots or 1,600 shares. Meta Infotech IPO key dates According to the RHP, the three-day subscription window will tentatively close on Tuesday, July 8, 2025. The anchor investor bid period shall be one working day before the issue opening date, i.e. Thursday, July 3, 2025. The basis of the allotment of shares is likely to be finalised on Wednesday, July 9, 2025. Shares of Meta Infotech will be listed on the BSE SME platform, tentatively on Friday, June 11, 2025. Meta Infotech IPO registrar, lead manager Kfin Technologies is the registrar of the issue. Hem Securities is the sole book-running lead manager. Meta Infotech IPO objective According to the red herring prospectus (RHP), the company plans to use ₹16.70 crore from the net fresh issue proceeds for repayment of certain outstanding borrowings, ₹1.2 crore for the establishment of new office premises in Mumbai, and ₹91 lakh for setting up an interactive experience centre at its registered office. The remaining funds will be used for general corporate purposes. About Meta Infotech Incorporated in 1998, Meta Infotech is engaged in the business of cybersecurity solutions for various industries, including banking, IT, and manufacturing. The company offers a wide range of services, including consulting, implementation, and sustenance, focusing on protecting and maintaining the integrity of information and systems. Meta Infotech is an authorised reseller of cybersecurity products from international OEMs, providing solutions for secure access and cloud workload protection. In the financial year 2024-25 (FY25), Meta Infotech reported total income of ₹220 crore, up 43.7 per cent from ₹153.03 crore in the previous financial year. Its profit after tax (PAT) stood at ₹14.5 crore, up 38 per cent from 10.5 crore in the FY24.
