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Ellenbarrie sets IPO price at ₹380-400; Arisinfra subscribed 1.3x on Day 2
Ellenbarrie sets IPO price at ₹380 -400 Ellenbarrie Industrial Gases has priced its initial public offering (IPO) between ₹380-400 per share. The IPO will open on Tuesday and close on Thursday. The ₹852 crore IPO is a mix of fresh issue worth ₹400 crore and an offer for sale of ₹452 crore. ALSO READ: Real estate giant Kalpataru eyes deleveraging amid ₹1,590 cr IPO Day 2: Arisinfra IPO subscribed 1.3 x The IPO of Arisinfra Solutions was subscribed 1.3 times on Thursday, the penultimate day of the issue. The institutional investor portion was subscribed 0.7 times, the wealthy investor portion by 1.4 times, and the retail investor portion by 3 times. ALSO READ: Influx Healthtech IPO Day 2 update: Subscription rises 16x, GMP at 47% Capillary Tech India files for IPO Capillary Technologies India, a company that offers artificial intelligence-based cloud-native SaaS products, refiled its draft red herring prospectus to raise funds for its initial public offering (IPO). The IPO comprises an issue of equity shares aggregating to ₹430 crore. ALSO READ: Oswal Pumps IPO listing forecast: Here's what the latest GMP hints at
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Business Standard
3 hours ago
- Business Standard
Busy week ahead! 5 mainboard, 7 SME IPOs set to launch next week
IPO Calendar: Primary market investors are likely to witness the busiest week of calendar year 2025 (CY25) with the launch of five new mainboard initial public offerings (IPO s) and one listing. In the small and medium enterprise (SME) segment, seven new pubic issues will open for bidding and seven companies will make their debut on the bourses. The mainboard segment will witness the launch of HDB Financial Services' ₹12,500 crore IPO, the largest IPO of 2025 so far. In addition, Globe Civil Projects, Ellenbarrie Industrial Gases, Kalpataru and Sambhv Steel Tubes will open for subscription. Additionally, the D-Street will witness the debut of Arisinfra Solutions, in the mainline segment, scheduled for listing on Wednesday, June 28. Here's a detailed look at the IPO activity scheduled for next week: Mainline IPOs next week HDB Financial Services IPO HDB Financial Services IPO will open for public subscription on Wednesday, June 25 and close on Friday, June 27, 2025. The ₹12,500 crore book-building issue is a combination of a fresh issue of 33.8 million equity shares amounting to ₹2,500 crore and an offer for sale (OFS) of 135.1 million equity shares amounting to ₹10,000 crore. The company has set the price band in the range of ₹700 to ₹740, with a lot size of 20 shares. HDB Financial shares are slated to list on the BSE and NSE, tentatively on Wednesday, July 3, 2025. MUFG Intime India (formerly Link Intime India) serves as the registrar for the public offering. BNP Paribas, JM Financial, BoFA Securities India, Goldman Sachs (India) Securities, HSBC Securities & Capital Markets, IIFL Capital Services, Jefferies India, Morgan Stanley India Company, Motilal Oswal Investment Advisors, Nomura Financial Advisory And Securities (India), Nuvama Wealth Management, UBS Securities India are the book running lead managers. Globe Civil Project IPO The maiden public issue of the integrated Engineering, Procurement, and Construction (EPC) company, Globe Civil Projects, is scheduled to open for bidding on Tuesday, June 24 and close on Thursday, June 26. Shares of Globe Civil Projects will be listed on the BSE and NSE tentatively on Tuesday, July 1. The mainline IPO comprises a fresh issue of ₹16.8 million shares and no OFS component. The company has set the price band in the range of ₹67 to ₹71 per share, with a lot size of ₹211. Ellenbarrie Industrial Gases IPO Ellenbarrie Industrial Gases is a book-building issue of ₹852.53 crore comprising a fresh issue of 10 million equity shares aggregating to ₹400 crore and 11.3 million equity shares aggregating to ₹452.53 crore. The issue will open for subscription on June 24, 2025, and close on June 26, 2025. Shares of Ellenbarrie Industrial Gases will be listed on the bourses, NSE and BSE, tentatively on Tuesday, July 1, 2025. The price band is set in the range of ₹380 to ₹400 per share. The minimum lot size for the application is 37 shares. Kfin Technologies is the registrar for the issue. Kalpataru IPO The IPO of real estate development company Kalpataru is scheduled to open for public subscription on Tuesday, June 24, 2025, and close on Thursday, June 26. Through this public offering, Kalpataru aims to raise ₹1,590 crore. The public issue consists of an entirely fresh issue of 38.4 million equity shares, aggregating up to ₹1,590 crore. There is no OFS component. Kalpataru IPO will be offered at a price band of ₹387–414 per share with a lot size of 36 shares. Sambhv Steel Tubes IPO The mainboard IPO will open for bidding on Wednesday, June 25 and close on June 27. The issue is a combination of a fresh issue of 53.7 million shares aggregating to ₹440 crore and OFS of 12.2 million shares aggregating to ₹100 crore. Sambhv Steel Tubes shares will be listed on BSE and NSE with a tentative listing date fixed as Wednesday, July 2. The price band is set at ₹77 to ₹82 per share, with lot size at 182. SME IPOs net week The SME platforms are also scheduled to remain active next week with the listing of seven companies, including Samay Project Services, Patil Automation, Eppeltone Engineers, Influx Healthtech, Safe Enterprises Retail Fixtures, Mayasheel Ventures, and Aakaar Medical Technologies. In addition, the public offerings of AJC Jewel Manufacturers, Abram Food, Icon Facilitators, Shri Hare-Krishna Sponge Iron, Suntech Infra Solutions, Ace Alpha Tech, and PRO FX Tech are scheduled to open for public subscription next week.
Mint
4 hours ago
- Mint
Ellenbarrie Industrial Gases IPO: From key dates to key risks, here are the 10 key things to Know from the RHP
Ellenbarrie Industrial Gases IPO: Here are the 10 key things to Know from the RHP 1. Ellenbarrie Industrial Gases IPO size: The Ellenbarrie Industrial Gases 'IPO is a book-building issue of ₹ 852.53 crores. A total of 1.13 crore shares, worth ₹ 452.53 crores, are being offered for sale in addition to a new issue of 1.00 crore shares, worth ₹ 400.00 crores. The subscription period for the Ellenbarrie Industrial Gases IPO begins on June 24, 2025, and ends on June 26 of the same year. On Friday, June 27, 2025, the allocation for the Ellenbarrie Industrial Gases IPO is anticipated to be finalized. Ellenbarrie Industrial Gases IPO price band is set at ₹ 380 to ₹ 400 per share. An application must have a minimum lot size of 37 shares. Retail investors are required to invest a minimum of ₹ 14,060 considering the lower price band. To avoid the oversubscription situation, however, it is advised that investors bid at the upper end of the price band, which is approximately ₹ 14,800. The BSE and NSE will list Ellenbarrie Industrial Gases shares, with a preliminary listing date set for Tuesday, July 1, 2025. The Ellenbarrie Industrial Gases IPO's book-running lead managers are Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited, and JM Financial Limited. The issue's registrar is Kfin Technologies Limited. 7. Ellenbarrie Industrial Gases—About the company: Ellenbarrie Industrial Gases Limited (EIGL), an Indian corporation founded in 1973, specializes in the manufacturing and distribution of specialty, industrial, and medicinal gases. The company plans to use part of the proceeds towards repayment or prepayment, in full or in part, of some outstanding loans that the business has taken. The plans are to use ₹ 210.00 crore towards the same. It also plans to invest about ₹ 104.50 crore towards the installation of a 220 TPD air separation unit at the Uluberia-II facility. The rest is to be used for general corporate purposes. Between the fiscal year that ended on March 31, 2025, compared to the fiscal year that ended on March 31, 2024, Ellenbarrie Industrial Gases Limited had recorded a 20% increase in revenue and an 84% increase in net profit or profit after tax (PAT). Its business depends on relationships with its customers, and the loss of one or more of our key customers, or the deterioration of their financial condition or prospects, or a reduction in their demand for our products, could adversely affect its business, results of operations, cash flows, and financial condition. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
4 hours ago
- Business Standard
IPO-bound Kalpataru sells properties worth Rs 2,727 cr in Apr-Dec FY25
Real estate developer Kalpataru Ltd, which will launch Rs 1,590-crore IPO next week, sold properties worth Rs 2,727.24 crore during April-December of the last fiscal on strong demand for housing and commercial assets. The company sold properties worth Rs 3,201.98 crore in 2023-24, according to its updated red herring prospectus (RHP) filed with Sebi. The latest document has updates till the third quarter of the 2024-25 fiscal only. Mumbai-based Kalpataru focuses on the development of residential, commercial, retail and integrated township projects. It is also into the redevelopment of societies. The company has fixed a price band of Rs 387 to Rs 414 per share for its Rs 1,590 crore initial public offering (IPO), which will open for public subscription on June 24 and conclude on June 26. The bidding for anchor investors will open on June 23. The company's IPO is entirely a fresh issue of equity shares worth Rs 1,590 crore with no offer for sale (OFS) component. It proposes to utilise funds for the payment of debt and for general corporate purposes. At the upper end of the price band, the company is valued at around Rs 8,500 crore, brokerage houses said. Kalpataru Ltd Managing Director Parag M Munot expressed confidence that the company's IPO would be successful despite global conflicts and economic uncertainties. He noted that India's growth story is intact, driving demand across sectors, including real estate. Munot said the company has a huge portfolio of nearly 50 million square feet, which includes 25 million square feet of ongoing projects, 16 million square feet of forthcoming, and nearly 8 million square feet of projects at the planning stage. Kalpataru is one of the leading real estate developers in the country with a significant presence in the Mumbai Metropolitan Region (MMR) in Maharashtra. Since its inception, the company has completed 75 projects, comprising 16 million square feet. While a majority of the company's projects are located in the MMR and Pune (Maharashtra), it also has projects in Hyderabad (Telangana) and Noida (Uttar Pradesh). Kalpataru Group was established in 1969 by Mofatraj P Munot. The group has a multi-national presence and has operations in EPC contracting for power transmission and distribution, oil and gas, railways, civil infrastructure projects, warehousing and logistics, and facility management. Further, Kalpataru Projects International Ltd is listed on the NSE and BSE.
