IPO | Page 8

This was Tata Group's initial public offering in close to 20 years, with last being that of Tata Consultancy Services in 2004. The company aimed to raise INR 3,042.51 crore with its IPO

With the aim of becoming a world leader in flexible flow solutions, Aeroflex is currently exporting to 80+ countries and aims to play a big role in India's leading industries including aerospace

The subscription will be open with a price band of INR 617 to 648 per Equity Share of face value of INR 5 and will close on November 1.

Ola Electric is targeting IPO road shows for early January or February, as per the report

JSW Infrastructure has set a price band of INR 113-119 per share for its initial public offering

The IPO comprises a fresh issue of equity shares worth up to INR 1,000 crore and an Offer For Sale (OFS) component of up to 85.57 lakh equity shares

Yatra is aiming to raise INR 602 crore through its IPO and will get listed on the BSE. Its subscription opens today and will conclude on September 20,

The subscription will be open with a price band of INR 366 to 385 per Equity Share and will close on September 22.

According to the official release, RR Kabel will utilize the raised funds towards repayment or prepayment, in full or in part, of borrowings done from banks and financial institutions worth INR 1,360 million and other general corporate purposes.

Manufacturer of simultaneous 5-Axis CNC machines, the company accounted for 8 per cent of the market share in India last year and boasts of one of the most diverse portfolios of CNC machines in the country.

ideaForge has the largest operational deployment of indigenous UAVs across India, with an ideaForge manufactured drone taking off every five minutes on average for surveillance and mapping applications as of March 31, 2023. The company got listed in BSE and National Stock Exchange at INR 1,305.10 and INR 1,300 per share, respectively.

The company proposes to utilize the net proceeds towards development of their ongoing projects, and their upcoming projects; and funding acquisition of future projects

Incorporated in 1993, Aeroflex Industries manufactures and supplies environment-friendly metallic flexible flow solution products

The funds raised through the fresh issue are proposed to be utilized for the part funding of the cost of establishing a new manufacturing facility to expand the company's production capabilities

The IPO consists of 6,35,32,84,188 Equity shares of INR 10 each allotted pursuant to the Scheme of Arrangement.

The maiden public issue is a complete offer for sale (OFS) of up to INR 1,750 crore by promoters and other selling shareholders with no fresh issue of equity share component, according to the draft red herring prospectus (DRHP)

In March, the company filed and got the DRHP approval and in May, it got the nod from NSE. Notably, the IPO will make it the first company in the combined spaces of blockchain, AI and gaming to get publicly enlisted.

The company proposes to utilize the net proceeds from the fresh issue primarily towards meeting the working capital requirements for sourcing natural gas, rLNG and importing LNG cargoes

USFB is aiming to raise INR 500 crore through its IPO and will get listed on the BSE. The IPO will consist fully of fresh issues with a face value of INR 10 and an offer price of INR 23-25.

It was listed on the BSE at INR 401, and on NSE at INR 403 today, an over 50 per cent jump on the price band initially offered.

It was listed at INR 1,305.10 per share at the BSE and INR 1,300 per share at the National Stock Exchange against a price band of INR 638 to INR 672 offered by the drone manufacturers at the time of opening its initial public offering