#mainboard ipo

[ipowatch]

Seizing Tomorrow's Tech: ESAF Small Finance Bank IPO Update on IPOWATCH

Get ready for a groundbreaking investment opportunity as ESAF Small Finance Bank gears up for its imminent IPO. Stay ahead of the curve and stay informed with IPOWATCH, your trusted source for real-time updates and insights, ensuring you don't miss a moment of this transformative market entry.

[ezybizadviser]

SME Exchange Listing - IPO - Ezybiz India Consulting LLP

SMEs have got an opportunity to raise funds by getting it listed on the SME stock exchange in a similar manner as small, mid-cap, and blue-chip companies are listed on the mainboard.

sme ipo listing

https://ezybizindia.in/sme-listing-ipo/

[vedantbhoomidigital]

Upcoming IPO: Keep money ready, IPOs of these companies are coming next week, know details

Upcoming IPOs: Good news for those investing in IPOs. In the week starting from September 16, 7 new IPOs are going to come in the primary market, out of which 2 issues are from the mainboard segment. Let us know which companies are coming with IPO in the coming week and which ones are for the investors(…)

[news-today-florial-blog]

Northern Arc Capital IPO Opens for Subscription, IPO GMP stands at ₹158 (60.08%)

Northern Arc Capital IPO, a retail loan provider, launched its IPO on Monday, September 16, and will remain open for subscription until Thursday, September 19. The IPO aims to raise ₹777 crore, with ₹500 crore through a fresh issue and ₹277 crore via an offer for sale (OFS). Anchor Investors Show Strong Interest Ahead of the IPO, Northern Arc Capital secured ₹229 crore from anchor investors by allotting 87.02 lakh shares at ₹263 each. Major investors include SBI General Insurance, SBI Life Insurance, Reliance General Insurance, Kotak Mahindra Life Insurance, Goldman Sachs, and others. Positive Response on Day 1 of Subscription By 12:05 PM on the first day of the IPO, the overall subscription reached 0.84 times. Retail investors led the way with 1.27 times subscription, while non-institutional investors subscribed 0.97 times. The QIB segment had yet to see any subscriptions at that time. Grey Market Premium Boosts Investor Confidence The Grey Market Premium (GMP) for Northern Arc Capital IPO stands at ₹158, indicating strong demand. The shares are expected to list at a premium of 60.08%, with an anticipated price of ₹421 on the stock exchanges. Key Details of the IPO The mainboard IPO offers a chance to invest in Northern Arc Capital, with anchor investor participation and a robust grey market premium. With a positive market outlook, the IPO has garnered significant interest from investors. Read the full article

[riverwoodcapital1]

4 Mainboard IPOs, 10 SME IPOs To Keep Investors Busy

This week promises to be an exciting time for investors with as many as fourteen companies going public with initial public offerings (IPOs). Let’s delve into the details of upcoming IPOs this week that are poised to capture investor attention. Bajaj Housing Finance: First among mainboard IPOs this week on 9 September Bajaj Housing Finance IPO opens for subscription on 9 September 2024 and…

[finowing]

Baazar Style Retail IPO: Expert Analysis and Key Details

Backed by Rekha Jhunjhunwala, Baazar Style Retail Limited is launching a Mainboard IPO with a book-built issue worth ₹834.68 crore (21,456,947 shares). Founded in June 2013, the company is a fashion retail brand based in West Bengal and Odisha, offering affordable clothing for boys, girls, women, and infants, as well as home furnishings and non-apparel items.

The Baazar Style Retail IPO commands a market share of 3.03% in West Bengal and 2.22% in Odisha, boasting the largest retail footprint among value retailers in Eastern India for FY 2024. With an average floor area of 9,046 square feet, Baazar Style Retail generated sales of ₹7,758 per square foot during the same fiscal year. As of March 31, 2024, the company operated 162 outlets across 9 states, including Assam, Jharkhand, Tripura, Uttar Pradesh, Andhra Pradesh, Odisha, and Bihar.

The IPO is set to open on August 30, 2024, and close on September 3, 2024, with a price band ranging from ₹370 to ₹389 per share. The listing is scheduled for September 6, 2024, on the BSE and NSE.

The baazar style retail limited ipo  will raise ₹834.68 crore, comprising a fresh issue of ₹148 crore and an Offer for Sale (OFS) of ₹686.68 crore. Of this, 35% is allocated to retail investors, 50% to institutional investors, and 15% to non-institutional investors.

Financial Snapshot

Total Assets: ₹1,165.97 crore

Total Revenue: ₹982.83 crore

PAT: ₹21.94 crore

Net Worth: ₹212.56 crore

EBITDA: ₹142.14 crore

Key Dates

IPO Opening Date: August 30, 2024

IPO Closing Date: September 3, 2024

Allotment Date: September 4, 2024

Refund Initiation: September 5, 2024

Listing Date: September 6, 2024

Investment Highlights

Largest Retail Footprint: In Eastern India among value retailers.

Affordability: Focus on offering stylish yet affordable clothing.

Growth Potential: Rapid expansion with a cluster-based strategy.

Strong Leadership: Supported by experienced promoters and management.

Investment Risks

Regional Concentration: Heavy reliance on Eastern India.

Market Volatility: Susceptible to changing consumer preferences.

Competition: Highly competitive retail and fashion industry.

[optionperks]

Upcoming IPOs: 4 new issues and listings scheduled for this week

The mainboard segment of the primary market will again take a breather after the launch of JNK India IPO last week as new public issue is scheduled to open in the coming week. Nevertheless, investors' focus will remain on four small and medium enterprise (SME) issues and 4 listings scheduled for this week. Last week, JNK India's public offering garnered robust subscription exceeding 28 times and will get listed on exchanges this week. “We continue to remain optimistic about the potential of the upcoming public issues. Despite a lackluster beginning to the new financial year FY25 in the IPO market, we are optimistic about the potential of the upcoming public issues," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd. Storage Technologies & Automation IPO Storage Technologies & Automation IPO opens for subscription on April 30, 2024 and closes on May 3, 2024. The SME IPO is a book built issue of ₹29.95 crore and is entirely a fresh issue of 38.4 lakh shares. Amkay Products IPO Amkay Products IPO opens for subscription on April 30, 2024 and closes on May 3, 2024. The SME IPO is a book built issue of ₹12.61 crores and is entirely a fresh issue of 22.92 lakh shares. Sai Swami Metals & Alloys IPO Sai Swami Metals & Alloys IPO opens for subscription on April 30, 2024 and closes on May 3, 2024. The SME IPO is a fixed price issue of ₹15 crores and is entirely a fresh issue of 25 lakh shares. Slone Infosystems IPO Slone Infosystems IPO opens for subscription on May 3, 2024 and closes on May 7, 2024. The SME IPO is a fixed price issue of ₹11.06 crores and is entirely a fresh issue of 14 lakh shares.

[moneyinvestinfo]

https://moneyinvestinfo.com/list-of-upcoming-ipo-in-january-2024-mainboard-and-sme-ipo-list/

[wealthview]

Shri Balaji Valve Components IPO Date, Price, GMP, Company profile, financials & risks: Dec 23

New Post has been published on https://wealthview.co.in/shri-balaji-valve-components-ipo/

Shri Balaji Valve Components IPO Date, Price, GMP, Company profile, financials & risks: Dec 23

Shri Balaji Valve Components IPO: Shri Balaji Valve Components Limited (SBVCL) is a manufacturer of valve components and allied products, catering to the infrastructure, power, and oil & gas sectors in India. The company boasts a 22-year track record and specializes in producing critical components like valve stems, discs, bonnets, and seat rings.

Shri Balaji Valve Components IPO Details:

Issue Dates:

Open: December 27, 2023

Close: December 29, 2023

Offer Size: ₹21.60 crore (entirely fresh issue)

Price Band: ₹95 – ₹100 per share

Listing: BSE SME Platform (tentatively January 3, 2024)

Recent News Updates:

The IPO has garnered some attention within the SME space, but analysts remain cautious due to SBVCL’s small size and limited financial track record.

Recent positive trends in the infrastructure and power sectors might offer some upside potential for the IPO.

Shri Balaji Valve Components IPO Offer Details:

Securities Offered:

The Shri Balaji Valve Components IPO will offer equity shares of the face value of ₹10 each. These shares will represent ownership in the company and entitle holders to dividends and voting rights.

Investor Category Reservation:

The issue is entirely a book-built issue, meaning there are no pre-determined reservations for different investor categories. Instead, bids from various investor types (retail, QIBs, etc.) will be collected during the subscription period, and the final allotment will be determined based on demand and price bids.

Minimum Lot Size and Investment Amount:

The minimum lot size for the IPO is 1200 shares, translating to a minimum investment amount of ₹120,000 (1200 shares * ₹100 per share). This relatively high minimum investment requirement might affect participation from smaller retail investors.

Additional Points:

The IPO is a SME IPO, meaning it will list on the BSE SME platform, a dedicated segment for small and medium-sized enterprises.

Investors should be aware that SME IPOs typically have lower liquidity and higher volatility compared to their mainboard counterparts.

Shri Balaji Valve Components Limited Company Profile:

History and Operations:

Founded in 2001, SBVCL has 22 years of experience in manufacturing critical valve components for the infrastructure, power, and oil & gas sectors.

They specialize in producing valve stems, discs, bonnets, seat rings, and other components made from various materials like carbon steel, stainless steel, and alloy steel.

The company operates two manufacturing facilities in Coimbatore, Tamil Nadu, with a combined capacity of 5,400 MT per annum.

Market Position and Share:

SBVCL is a relatively small player in the fragmented valve component market. Their exact market share is not publicly available.

They primarily cater to the domestic market, supplying components to valve manufacturers and various end-user industries.

Brands, Subsidiaries, and Partnerships:

The company primarily operates under its own brand name, “Shri Balaji Valve Components.”

They do not have any subsidiaries or major partnerships currently mentioned in publicly available reports.

Milestones and Achievements:

Increased production capacity from 1,440 MT in 2016-17 to 5,400 MT in 2022-23, showcasing expansion potential.

Received ISO 9001:2015 certification for their quality management system.

Established strong relationships with key customers in the valve manufacturing and end-user segments.

Competitive Advantages and USP:

Focused product portfolio: SBVCL concentrates on critical valve components, potentially allowing for deeper expertise and quality control.

Established customer base: Long-standing relationships with valve manufacturers and clients in core industries offer stability.

Emphasis on quality and certifications: Commitment to quality standards and certifications could attract trust from new customers.

Shri Balaji Valve Components Limited Financial Analysis:

Recent Financial Performance:

Revenue: Reportedly witnessed a sharp increase of 61.14% between FY22 and FY23, indicating potential for growth.

Profitability: Profit after tax (PAT) reportedly surged by a significant 319.07% in the same period, highlighting substantial margin improvement.

Debt Levels: Information on current debt levels or debt-to-equity ratio is unavailable in publicly available reports.

Certainly! Here’s the data in table format:

Period Ended Assets Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 30 Jun 2023 5,132.0 1,654.6 184.8 975.7 377.0 2,879.5 31 Mar 2023 5,023.0 6,294.1 643.2 789.1 790.9 2,878.0 31 Mar 2022 3,973.5 3,906.1 153.5 144.6 147.7 2,799.7 31 Mar 2021 1,758.6 1,616.5 -3.22 -10.9 -5.77 1,399.5

Note: Amount in ₹ Lakhs

As you can see, the company’s revenue and profit have grown significantly in the past year. This is a positive sign for the company’s future prospects.

Key Financial Ratios (based on estimates):

P/E Ratio: Assuming an offer price of ₹100 and annualized FY23 PAT of ₹6.72 crore (based on reported PAT growth), the P/E ratio would be approximately 14.9. This is relatively high compared to the average P/E of around 25 for the broader industrial sector.

EPS (Earnings per Share): Estimated at ₹5.6 per share for FY23, suggesting modest earnings potential.

KPI Values P/E Ratio 9.33 ROE (Return on Equity) 136.76% ROCE (Return on Capital Employed) 26.47% Debt/Equity Ratio 3.63 EPS (Earnings per Share) Rs. 10.72 RoNW (Return on Net Worth) 81.50%

Lead Managers and Registrar for Shri Balaji Valve Components IPO:

Lead Managers:

Hem Securities Limited: The sole book running lead manager for the IPO. While a relatively smaller player, Hem Securities has experience in managing past SME IPOs, including the successful issues of Ajanta Pharma and Karda Constructions.

Track Record: While lacking experience with large or high-profile IPOs, Hem Securities has demonstrated competence in facilitating SME offerings. This might not directly translate to success with SBVCL’s IPO, but it offers some assurance regarding their expertise in navigating the SME IPO process.

Registrar:

Bigshare Services Pvt Ltd: The registrar to the issue. Their role involves maintaining a record of shareholders, facilitating share transfers, and handling dividends and other corporate actions. They play a crucial role in ensuring the smooth and transparent execution of the IPO process.

Shri Balaji Valve Components Limited Grey Market Premium (GMP)

Current GMP: As of December 21, 2023, the GMP for Shri Balaji Valve Components IPO is reportedly between ₹4 and ₹6 per share.

Comparison to Recent Listings: This GMP is generally moderate compared to recent SME IPOs, some of which witnessed premiums exceeding ₹100 per share.

Factors Influencing GMP:

Demand for the IPO: The GMP reflects investor sentiment and anticipated demand for the IPO shares. Several factors can influence this, including:

Company’s business prospects and growth potential: SBVCL’s niche focus and positive financials might attract some interest.

Market conditions: The current market sentiment towards SME IPOs could play a role.

IPO size and offer price: Smaller IPOs like SBVCL’s often see higher volatility in the grey market.

Supply and availability of shares: Limited information and smaller lot sizes in SME IPOs can create artificial scarcity and inflate the GMP.

Potential Impact on Listing Price:

A high GMP can generate positive buzz and potentially lead to a strong opening price on the listing day. However, it also raises the risk of a correction if the hype proves unfounded.

A moderate GMP, as seen for SBVCL, suggests cautious optimism. It’s crucial to evaluate the company’s fundamentals and not solely rely on the GMP for making investment decisions.

Shri Balaji Valve Components IPO: Risks and Concerns

Investing in any IPO, especially an SME IPO like SBVCL’s, involves inherent risks. Before making a decision, it’s crucial to consider the following:

Market Volatility:

SME IPOs are generally more volatile than mainboard listings due to lower liquidity and smaller investor bases. Market fluctuations could significantly impact the post-listing price.

Recent market conditions, while positive for infrastructure and power sectors, are still subject to unforeseen changes.

Industry Headwinds:

The valve component industry is highly competitive, with established players and potential for price pressure.

Dependence on large infrastructure projects makes the company susceptible to economic downturns and project delays.

Company-Specific Challenges:

Limited financial track record makes comprehensive analysis challenging, raising concerns about future performance sustainability.

The relatively small size of the company and niche market exposure might limit growth potential.

Dependence on a few key customers increases vulnerability to client-specific risks.

Financial Health and Red Flags:

While financial performance has shown recent positive trends, the lack of detailed data hinders thorough analysis.

The high P/E ratio compared to industry benchmarks raises concerns about valuation and potential overpricing.

The high debt-to-equity ratio, although not readily available, should be investigated for potential financial strain.

Also Read: How to Apply for an IPO?

[newstime-2]

Popular IPOs to debut on Dalal Street in December 2023

After the coronavirus pandemic, the stock market didn't perform well around the world. We've seen the economic downfall in various countries such as the USA, China, and more. However, there was only one country growing its economy continuously, we're talking about India. The country showed significant growth in every sector, and many corporations emerged as profitable businesses. Hence, the Indian stock market has grown, providing returns to investors whether local investors or foreign investors.

List of IPOs in December 2023

In the year 2023, Indian conviction toward their country has become stronger also reflected in the stock market because several companies have been listed in the market. As you can see the primary market recorded bumper listing on the mainboard; small-medium enterprises (SME) segments have been gone for IPO this year, companies such as Tata Technolgy, and Gandhar Oil Refinery went for raising money through IPO previous month November, 2023. According to the YT report, the Indian stock market has become one of the strongest markets in the world, India is emerging as a global leader who has established healthy relation with many countries which eventually increase trade with countries, and business and corporation are growing respectively. In the year 2023, 21 IPOs have registered in the third quarter of the year, 2023, whereas merely 4 IPO had registered in the same quarter of the previous year, 2022. The rising amount has increased in the third quarter of 2023 to US$ 1,770 million, which is about 376% more than the previous year which amounted to US$ 372 million. Reportedly, there are still more companies that will register their IPOs on the mainboard and SME segment. Here is the report about the companies that are going to launch their IPOs: There are already a few companies that have launched their IPOs and soon will close, Sheetal Universal Ltd which reportedly is going to close on December 6, Graphisads will close on December 5, and Marinetrans India Ltd will be closed on December 5. In addition, there are other companies as well which are going to launch their IPOs in the last month of the year, 2023. DOMS Industries Limited DOMS Industries Limited is going for subscription on December 13, 2023, and close on December 15, 2023. Right now, there is no information has been made about the band price of the share price of DOMS. Reportedly, Jm Financial, IIFL Securities, and ICICI Securities Limited are the book-running lead managers of the DOMS IPO. Sheetal Universal IPO Sheetal Universal is associated with agriculture commodities, the company already launched the IPO which started on December 4 and will close on December 6. The size of the IPO is ₹23.80 crore, having the fresh issue of 34 lakh equity shares. The company issued the band price at ₹70 per share. The IPO has an estimated number of 2,000 shares, and the minimum amount of the IPO is ₹140,000 which has to be raised. Accent Microcell Limited Accent Microcell will open IPO on December 8, 2023, it will close on December 12, 2023. The issue price on the book is ₹78.40 crores and 56 lakh shares will be issued. People have to buy at least 1000 shares to get an allotment subscription. Accent Microcell offered a band price of ₹133 to ₹140. Muthoot Microfin Limited IPO Reportedly, Muthoot Microfin Limited is going for a subscription this month. However, the share price and IPO release date have not been made yet public. IPO book built issue of Muthoot MicroFin limited is ₹1,350 crores, including a fresh issue of ₹950 crores and a sale issue of ₹400 crores. SJ Logistics The IOP date and price of a share will be public soon. SJ Logistics has booked a built issue of 38.4 lakh shares, including an entirely fresh issue of 38.4 lakh shares. Other Jyoti CNC Automation, InoxCVA, and India Shelter will also announce the date of the IPO soon.

FAQs:-

What is the meaning of IPO in the stock market? Private companies raise capital from the public which is known as IPO. The full form of IPO is initial public offering (IPO). What is the value of the stock market in India in December 2023? Indian stock market reached to nearly 4 Trillion in December 2023. This signifies the stability and growth of the Indian market. Read the full article

[all-about-news24x7]

Who Are the Players? salahuddinayyubi.com

At least three mainboard initial public offerings (IPOs) and four from small and medium enterprises (SMEs) are scheduled to hit the equity markets next week. The total fund raised by these IPOs is expected to be over Rs 1,600 crore. The four mainboard IPOs are from Nazara Technologies, Happiest Minds Technologies, Chembond Chemicals, and Deepak Nitrite. The four SME IPOs are from Ami Organics,…

[ipowatch]

Discover IRM Energy IPO Insights at IPOwatch: Your Go-To Source for Real-Time Updates

Unlock the potential of the IRM Energy IPO with the help of IPOwatch, offering valuable information, market trends, and expert predictions to maximize your investment opportunities.

[ezybizadviser]

SME Exchange Listing - IPO - SME IPO Listing - Ezybiz India Consulting LLP

SMEs have got an opportunity to raise funds by getting it listed on the SME stock exchange in a similar manner as small, mid-cap, and blue-chip companies are listed on the mainboard. SME IPO Listing.

sme ipo listing

https://ezybizindia.in/sme-listing-ipo/

[riverwoodcapital1]

3 Mainboard IPOs, 6 SME IPOs To Keep Investors Busy – IPO Central

Next week promises to be an exciting time for investors with as many as nine companies going public with initial public offerings (IPOs). Let’s delve into the details of upcoming IPOs next week that are poised to capture investor attention. Premier Energies: First among mainboard IPOs next week on 27 August Premier Energies IPO opens for subscription on 27 August 2024 and closes on 29 August…