Senco Gold shares deliver solid listing gains. What should investors do now?

Ahead of the IPO, Senco Gold raised Rs 121 crore in the anchor round, which saw the participation of marquee investors, including Nippon MF, White Oak, Jupiter asset management, Bandhan MF, and 3P India Equity Fund, among others. 3P India Equity Fund is owned by Prashant Jain.

Pyramid Technoplast aims to raise anywhere between Rs 139 crore - Rs 153 crore through the IPO, and the post implied market cap is likely to be around Rs 611 crore.

Out of 23,08,000 shares available for subscription, the total number of share bids received from RIIs was 68,76,632. The Non-Institutional Investors (NIIS) subscribed to the issue 0.67 times. The number of share bids received was 23,21,200 against 34,62,000 shares available for subscription.

The IPO of Mamaearth's parent company, Honasa Consumer Limited, has garnered mixed reaction from analysts. Here is all you need to know.

Senco Gold, a leading jewellery player in eastern India, has raised INR 121 crore in the anchor round ahead of its initial public offering (IPO). The company is offering shares in the price range of INR 301-317 and has received positive ratings from analysts. Senco Gold has an extensive retail network of 136 showrooms and specializes in the sale of gold and diamonds. The IPO consists of a mix of fresh issue and offer for sale (OFS) segments, with the proceeds being used for working capital and general corporate purposes.

The IPO comprises fresh issue of equity shares worth Rs 615 crore and an offer for sale (OFS) of 44.5 lakh equity shares by promoter group entities and other shareholders, according to the draft red herring prospectus (DRHP).

The issue size has been reduced from an earlier 9.57 crore shares to 6.08 crore equity shares now. The company had filed its IPO papers with Sebi in March this year and received approval from the regulator in June. Bids can be made for a minimum of 30 equity shares and in multiples of 30 equity shares thereafter.

Tata Elxsi's shares have shown an increase of almost 5,879% in the last decade, giving an investment of INR 10,000 a value of almost INR 6 lakh. The company provides design and tech services to a range of industries, including healthcare, automotive, media, and transport. Its Q4 net profit rose 25% to INR 201 crore ($29.78m) compared to the previous year's INR 160 crore. Analysts suggest that investors should hold the shares but avoid new investments due to a recent pullback, and the stock is presently above its 50- and 200-day Simple Moving Averages.

Going by the draft papers, IT solutions major Rashi Peripherals' IPO is entirely fresh issue of equity shares worth Rs 750 crore with no offer for sale (OFS) component.

India Business News: Kross Ltd, a specialist in manufacturing forging components, has filed papers with Sebi for a Rs 500 crore IPO. The IPO includes a fresh issue of shar