Valiant Laboratories, Plaza Wires IPOs, 12 SME issues currently open for subscription. check details

According to market analysts, Blue Jet Healthcare's shares are fetching a premium of Rs 22 in the unlisted market. Most analysts have a 'subscribe' recommendation on the IPO, which is entirely an offer for sale of 2.42 crore shares.

Inox 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.

The overall subscription was at 2.53 times so far, with QIB category leading the way at 4.12 times subscription. The retail and NII categories, however, are yet to reach full subscription. According to market sources, the company's shares are trading with a premium of Rs 9 in the unlisted market.

Seven 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.

The 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.

The offer, which is priced at Rs 133-140 apiece, is completely a fresh equity issue of Rs 1.08 crore shares. Investors can bid for a minimum of 105 shares in one lot and in multiples thereof

The IPO was subscribed 5.44 times, led by retail investors. About 75% of the offer was reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors and 10% for retail investors.

As of 11:50 am, the public issue has been subscribed 1.77 times. The retail category displayed exceptional demand, oversubscribed by 7.01 times, while the Non-Institutional Investors (NII) portion garnered bids 1.67 times.

Spectrum Talent Management's initial public offering (IPO) was subscribed 1.05 times on Day 2, with bids received for 60,88,000 shares against 6,077,600 shares on offer. The price band for the offering is set at ₹169 to ₹173 per share.

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