Key Points
The issue was booked 1.17x so far, driven by strong interest from retail and HNI investors.Agencies..
The initial public offer (IPO) of Inox India was fully subscribed on the first day of bidding..
"The company's extensive product portfolio, diversified customer base, robust order book, and stable financial performance demonstrate its strong competitive position and future growth potential..
We recommend a Subscribe rating to the IPO for both potential listing gains and long-term capital appreciation," said Swastika Investmart.. Company overview and financials..
Inox India, one of the leading cryogenic tank manufacturers, has over 30 years of experience offering solutions across the design, engineering, manufacturing, and installation of equipment and systems for cryogenic conditions...
You might be interested in
Mamaearth, Cello World target Rs 3,600 cr next week in resilient IPO market
28, Oct, 23Mumbai-based Cello World's IPO will open for subscription on October 30. The company has set a price band of Rs 617-648 per share. Honasa Consumer, which operates Mamaearth, has fixed a price band of Rs 308-324 per share for its IPO, which opens on October 31. At the upper end of the band, the company is valued at Rs 10,425 crore.
INOX India IPO: Here’s what GMP indicates on final day
18, Dec, 23The INOX India IPO is set for a strong finish as the IPO has garnered significant attention from investors and is commanding a substantial premium on the unofficial grey market.
INOX India shares debut below the expectations. Should investors buy, hold, or book profits?
21, Dec, 23India Business News: The listing of INOX India faced challenges due to an unforeseen market downturn, falling short of Dalal Street's projections. Despite significant subs
Mamaearth IPO opens for subscription: Should you bid or skip?
31, Oct, 23The IPO of Mamaearth's parent company, Honasa Consumer Limited, has garnered mixed reaction from analysts. Here is all you need to know.
Inox India IPO: Company sets price band at Rs 627-660/share for its Rs 1,459-crore offer
11, Dec, 23Inox India IPO is completely an offer for sale (OFS) of 2.21 crore shares with a face value of Rs 2 each. There is no fresh issue segment in the IPO. Under the OFS, Siddharth Jain, Pavan Kumar Jain, Nayantara Jain, Ishita Jain, Manju Jain, Lata Rungta among others will offload shares.
IPO market buzzing as 7 issues set to hit the Street this week
25, Jun, 23Seven public issues, including three mainstream IPOs and four SME IPOs, are set to hit the Indian markets this week. IdeaForge will open its much-awaited IPO for subscription on June 26th, offering equity shares of up to INR 240 crore and an offer for sale of 48.6 lakh shares. Meanwhile, Cyient DLM's IPO, offering equity shares for Rs 250-265 a piece, will open on June 27th while PKH Ventures will bring in an initial offering of up to 1.82 crore shares on June 30th. The SME space will also see four IPOs worth INR 107 crore in total.
Inox India GMP: What to expect from listing on Thursday
20, Dec, 23The IPO of Inox India was subscribed 61 times at close, driven by strong interest from qualified institutional buyers. The category reserved for retail investors was subscribed 14.82 times, while the NII portion garnered bids of 52.97 times. The category reserved for the QIBs was subscribed by a massive 147.8 times.
Utkarsh IPO: Issue subscribed over 10 times on day 2 so far; retail investors steal the show
13, Jul, 23Utkarsh Small Finance Bank's IPO has been subscribed 10.67 so far times on Day 2, with strong response from retail and non institutional investors.
Primary market on a roll next week as Rs 7,300 crore worth IPOs on sale!
18, Nov, 23The biggest among the five is Tata Technologies Ltd, which plans to raise Rs 3,040 crore through an initial public offering of shares. The second on the list is Mini Ratna company Indian Renewable Energy Development Agency Ltd, and the government is looking at raising Rs 2,150 crore through this public offer.
INOX India IPO opens today: Current status & other details. To subscribe or not?
14, Dec, 23INOX India IPO: The public issue is open for subscription till December 18.