Sonaselection India opens a wholly fresh-issue IPO of about INR 142 crore
The Bhilwara fabric manufacturer opens on 17 September at INR 94 to 99 a share. The entire offer is fresh issue, with no selling shareholders at all.
Sanjay Borade
Hero Motors seeks 73 times earnings on a three-year average return on net worth of 7.58 percent
Hero Motors opens on 16 September at INR 79 to 84 a share, valuing it at INR 3,815 crore. Its fresh issue is down a quarter from its last draft.
BondsIndia rebrands as Digifinn
BondsIndia has renamed itself Digifinn and plans a presence in more than 50 cities in five years. It did not say whether its new backer has taken equity.
Creating Classrooms Where Every Child Belongs - Book Launch
Revathi Srinivasan, director education and principal, Smt. Sulochanadevi Singhania School publishes her book, Creating Classrooms Where Every Child Belongs with Raymond Group chairman and managing director Gautam Hari Singhania at the launch
Two IPOs open this week with 83 percent of the money going to the companies
Steamhouse India and Manika Plastech open within three days of each other. Between them, INR 445 crore of the INR 540 crore sought is fresh issue, an unusual split for a September window.
Manipal Payment and Identity Solutions IPO opens 9 September at INR 322 to 339 a share
The card manufacturer, which says it makes over a third of India's credit cards, is raising INR 320 crore in fresh issue alongside an offer for sale by promoter Manipal Technologies.
Chef Harpal Singh Sokhi invests in Indo-Chinese food brand Inchi
The chef has taken a stake in Navi Mumbai's Melting Pot Food Products alongside a brand ambassador role. The company is targeting over INR 500 crore in five years. Terms were not disclosed.
Rentomojo IPO opens 9 September at INR 384 to 404 a share
The rental platform's offer comprises INR 150 crore of fresh issue and an offer for sale of 27.4 million shares. Proceeds will partly repay borrowings and fund warehouse lease rentals.
Karamtara Engineering IPO opens 9 September at INR 241 to 254 a share
The offer totals up to INR 875 crore, comprising INR 675 crore of fresh issue and INR 200 crore of offer for sale, and closes on 11 September.
IPO by Saraswati Saree
Saraswati Saree Depot Limited shall open its Bid/Offer in relation to its initial public offer of Equity Shares on August 12, 2024. The total offer size of Equity Shares (face value ₹ 10 each) comprises of fresh issue of up to 6,499,800 Equity Share and Offer for Sale