Key Points
Tridhya Tech IPO: Tridhya Tech, an Ahmedabad-based company's SME public subscription that opened on Friday, June 30, will end on Wednesday, July 5..
In the IPO, the quotas for retail investors and high net worth individuals are maintained at 35% and 15% of the issue, respectively, while the QIB quota is maintained at a maximum of 50%. 3,15,000 equity shares are held as market maker reservations..
Tridhya Tech Ltd, which was founded in 2018, is a full-service software development firm that specialises in eCommerce, online, and mobile application development as well as offering end-to-end technological solutions...
The SME initial public offering (IPO) of Tridhya Tech Ltd was subscribed 1.30 times on Day 2. The issue received positive response from retail investors, who's portion set was subscribed 1.85 times, followed by non-institutional bidders (NII) portion set was subscribed 82%..
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Tridhya Tech share is 52 apiece, which is 23.81% higher than the IPO price. ..
You might be interested in
Avalon Technologies shares tumble 11% on listing day. Should you hold or sell?
18, Apr, 23The stock is currently trading nearly 8% down at Rs 396.90 on BSE. It hit the day's low of Rs 387.75, translating into a fall of 11% from IPO price. The tepid listing was expected after the downtrend in company shares in the unlisted market since the IPO opened for subscription. The issue was subscribed 2.21 times at close
IdeaForge Technology IPO sets a record with over 100 subscriptions and expects strong listing gains
30, Jun, 23Ideaforge Technology's IPO received over 100 subscriptions. The offering was subscribed 85.20 times in retail, 125.81 times in QIB, and 80.58 times in NII categories. The IPO size is ₹567.00 crores, with shares trading on BSE and NSE.
Solid Start! Ideaforge IPO fully subscribed within hours of opening on robust retail demand
26, Jun, 23The robust demand was driven by retail investors, whose category was subscribed 4.38 times. While the non-institutional portion was subscribed 1.03 times, there were no bids yet from qualified institutional buyers.
Ideaforge IPO: GMP soars nearly 80% as issue gets fully subscribed. Here's what brokerages say
26, Jun, 23The NII part was subscribed 1.89 times so far, while there were no bids from qualified institutional buyers. According to market sources, the company's shares are commanding a premium of Rs 525-530 in the unlisted market, indicating big listing gains for investors if the trends sustain.
IPOs Next Week: IRM Energy IPO to WomanCart IPO; 3 new issues, 1 listing ahead for primary market
14, Oct, 23IPO Next Week: Several companies are opening for subscription including IRM Energy IPO, while one company is getting listed on the stock exchanges in the coming week.
3 IPOs under market regulator SEBI's scanner for inflating subscriptions
19, Jan, 24The development was confirmed by SEBI chairperson Madhabi Puri Buch at an event. She also said that the market regulator is working on measures to put an end to such malpractices.
Inox India IPO: What GMP indicates ahead of subscription on Thursday
13, Dec, 23The issue 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.
IPOs Next Week: Blue Jet Healthcare IPO to On Door Concepts IPO; 5 new issues, 2 listings to keep primary market buzzing
21, Oct, 23IPO Next Week: Several companies are opening for subscription including Blue Jet Healthcare IPO, while two companies are getting listed on the stock exchanges in the coming week.
IPOs next week: HMA Agro Industries, Bizotic Commercial, others. Check details here
10, Jun, 23Urban Enviro Waste Management Ltd, Bizotic Commercial Ltd, Cosmic CRF Ltd, Cell Point (India) Ltd and HMA Agro Industries Ltd are opening for initial public offering (IPOs).
PKH Ventures cancels IPO: here's how the refund process works
05, Jul, 23PKH Ventures Ltd has withdrawn its IPO due to lack of subscriptions from qualified institutional buyers (QIBs). Investors will receive a full refund of the amount blocked.