Latest news with #BSESMEIPO
News18
24-07-2025
- Business
- News18
Monarch Surveyors IPO GMP Rises: SME Issue Gets 105.72x Subscription On Day 3 So Far
Last Updated: Monarch Surveyors IPO GMP Today: The grey market premium has increased from 66% to 72%, indicating huge listing gains for investors. Monarch Surveyors IPO GMP Today: The initial public offering of Monarch Surveyors & Engineering Consultants Ltd is going to be closed today, Thursday, July 24. The price band of the BSE SME IPO, which aims to raise Rs 93.75 crore, has been fixed at Rs 250 per share. Till 11:34 am on the second day of bidding on Thursday, the issue received a 105.72 times subscription, garnering bids for 26,23,54,800 shares as against the 24,81,600 shares on offer. The retail and NII participation stood at 141.96x and 135.02x, respectively. The QIB category has received a 20.16x subscription. The IPO's grey market premium has increased from 66% to 72%, indicating huge listing gains for investors. The three-day IPO was opened on July 22. Monarch Surveyors & Engineering Consultants Ltd, founded in 1992, is a civil engineering consultancy firm offering end-to-end services across infrastructure sectors like roads, railways, ports, and oil & gas. Monarch Surveyors IPO GMP Today According to market observers, unlisted shares of Monarch Surveyors & Engineering Consultants Ltd are currently trading at Rs 430 against the IPO price of Rs 250. It means a grey market premium or GMP of 72%, indicating huge listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Monarch Surveyors IPO Price And Lot Size The price of the SME IPO has been fixed at Rs 250 apiece. Its minimum lot size is 600. It means investors will have to apply for a minimum of 600 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,84,400 to apply for the IPO. Monarch Surveyors IPO Allotment And Listing Dates The basis of allotment of the Monarch Surveyors IPO will be finalised on July 25. Its shares will be listed on the BSE's SME platform, July 29. The IPO, which is a book-building of Rs 93.75 crore, is entirely a fresh issue of 37.50 lakh shares. Monarch Surveyors & Engineering Consultants Ltd's revenue rose 10% and profit after tax (PAT) increased 16% between the financial year ending with March 31, 2025 and March 31, 2024. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Monarch Surveyors IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Monarch Surveyors IPO is Spread X Securities Pvt Ltd. Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
07-07-2025
- Business
- News18
Cryogenic OGS IPO GMP: Issue Receives 144.2x Subscription So Far, To Close Today
Last Updated: Unlisted shares of Cryogenic OGS Ltd are trading at Rs 73 against its upper IPO price of Rs 47, which is GMP of 55.32%, indicating strong listing gains for investors. Cryogenic OGS IPO GMP Today: The initial public offering of Cryogenic OGS Ltd has entered its final day of bidding today, Monday, July 7. The BSE SME IPO aims to raise Rs 17.77 crore through the public issue. Till 10:14 am on the final day of bidding on Monday, the issue received a 192.69 times subscription, garnering bids for 36,31,20,000 shares as against the 25,17,000 shares on offer. The retail and NII participation stood at 192.69x and 205.70x, respectively. The QIB category, which includes institutional investors like mutual funds and pension funds, received a 12.91x subscription. The three-day IPO bidding was opened on July 3. Cryogenic OGS, founded in 1997, is a Vadodara-based manufacturer of customised measurement and filtration equipment for the oil, gas, chemical, and fluid industries. Cryogenic OGS IPO GMP Today According to market observers, unlisted shares of Cryogenic OGS Ltd are currently trading at Rs 73 against its upper IPO price of Rs 47. It means a grey market premium or GMP of Rs 26, which is 55.32% over its issue price, indicating strong listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The basis of allotment of the Cryogenic OGS IPO will be finalised on July 8. Its listing will take place on July 10, on the BSE SME platform. The price band of the IPO has been fixed in the range of Rs 44 to Rs 47 apiece. Its minimum lot size is 3,000. It means investors will have to apply for a minimum of 3,000 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,64,000 to apply for the IPO. The Cryogenic OGS IPO, which is a bookbuilding of Rs 17.77 crore, is entirely a fresh issue of 37.80 lakh shares. The proceeds will be utilised towards meeting working capital requirements, general corporate purposes, and public issue expenses, as per the RHP. The company's revenue increased by 32% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2025 and March 31, 2024. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Cryogenic OGS IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the market maker for Cryogenic OGS IPO is Spread X Securities Private Limited.
News18
03-07-2025
- Business
- News18
Vandan Foods IPO GMP: Allotment Today, Here's A Step-By-Step Guide To Check Status
Last Updated: The grey market premium of the Vandan Foods IPO has declined to zero, indicating flat or negative listing. Check allotment and listing date. Vandan Foods IPO GMP Today: The basis of allotment of the Vandan Foods IPO is expected to be finalised today, Thursday, July 3. Once finalised, investors will start receiving bank debit messages. They can also check the allotment status on the websites of the BSE or registrar Bigshare Services. The initial public offering of Vandan Foods was open for public subscription between June 30 and July 2. The issue received a 1.75 times subscription, garnering bids for 43,87,200 shares as against the 25,08,001 shares on offer. The retail and NII participation stood at 3.09x and 0.41x, respectively. The BSE SME IPO aims to raise Rs 30.36 crore, to be used for debt repayment, capex and other corporate expenditures. Vandan Foods, founded in 2015, manufactures refined castor oil and castor oil cake, operating in both B2B and B2C models with a supply footprint across multiple Indian states. Vandan Foods IPO GMP Today According to market observers, the grey market premium of the Vandan Foods IPO has declined to zero, indicating flat or negative listing. The GMP was recorded at 21.74% on Tuesday. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Vandan Foods IPO Allotment Status: A Step-By-Step Guide Once the allotment is finalised (scheduled to be finalised in the evening today), the status can be checked by following these steps: 1. Visit Bigshare Services' portal – 2. Select Company Name 'Vandan Foods Ltd' from the drop-down menu. 3. In the 'Select Selection Type', choose any one from the options — PAN Number, Beneficiary ID, or Application Number. 4. Enter PAN Number, Beneficiary ID or Application Number. 5. Enter Captcha 6. Hit 'Search' Button. Your Vandan Foods IPO allotment status will now be visible. Check via BSE (Bombay Stock Exchange) Visit the BSE IPO allotment page: Under Issue Type, select: Equity Under Issue Name, choose: Vandan Foods Limited (Name will appear once allotment is live) Enter your Application Number or PAN Number. Tick the 'I'm not a robot" checkbox. Click on 'Search" to view your allotment status. Vandan Foods IPO Listing Date The Vandan Foods IPO listing will take place on July 7, on the BSE's SME platform. Vandan Foods IPO: Other Info The IPO, which is a fixed price of Rs 30.36 crore, is entirely a fresh issue of 26.40 lakh shares. Its IPO price is fixed at Rs 115 per share. The minimum lot size for an application is 1,200. Nirbhay Capital Services Private Limited is the book-running lead manager of the Vandan Foods IPO, while Bigshare Services Pvt Ltd is the registrar for the market maker for Vandan Foods IPO is Aftertrade Broking Pvt Ltd. Its revenue and net profit for the nine months ended December 2024 stood at Rs 72.66 crore and 4.54 crore, respectively. About the Author Business Desk First Published: July 03, 2025, 11:17 IST
News18
02-07-2025
- Business
- News18
Vandan Foods IPO GMP Today: Issues Subscribed 1.47x So Far, Closes Today
Last Updated: The grey market premium or GMP of the Vandan Foods IPO has declined to zero, indicating flat or negative listing. Check its subscription status on the final day of bidding today. Vandan Foods IPO GMP Today: The initial public offering of Vandan Foods is going to be closed today, Wednesday, July 2. The BSE SME IPO aims to raise Rs 30.36 crore, to be used for debt repayment, capex and other corporate expenditures. Till 12:59 pm on the final day of bidding on Wednesday, the issue received a 1.47 times subscription, garnering bids for 36,76,800 shares as against the 25,08,001 shares on offer. The retail and NII participation stood at 2.57x and 0.37x, respectively. Vandan Foods, founded in 2015, manufactures refined castor oil and castor oil cake, operating in both B2B and B2C models with a supply footprint across multiple Indian states. Vandan Foods IPO GMP Today According to market observers, the grey market premium of the Vandan Foods IPO has declined to zero, indicating flat or negative listing. The GMP was recorded at 21.74% on the previous day on Tuesday. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The basis of allotment of the Vandan Foods IPO will be finalised on July 3. Its stock market listing will take place on July 7, on the BSE's SME platform. The price of the IPO has been fixed at Rs 115 apiece. Its minimum lot size is 1,200. It means investors will have to apply for a minimum of 1,200 shares or in multiple thereof. Retail investors require a minimum capital of Rs 1,38,000 to apply for the IPO. The IPO, which is a fixed price of Rs 30.36 crore, is entirely a fresh issue of 26.40 lakh shares. Its IPO price is fixed at Rs 115 per share. The minimum lot size for an application is 1,200. Nirbhay Capital Services Private Limited is the book-running lead manager of the Vandan Foods IPO, while Bigshare Services Pvt Ltd is the registrar for the market maker for Vandan Foods IPO is Aftertrade Broking Pvt Ltd. Its revenue and net profit for the nine months ended December 2024 stood at Rs 72.66 crore and 4.54 crore, respectively.
Mint
27-06-2025
- Business
- Mint
Ace Alpha Tech IPO Day 2: GMP, subscription status, price band, other details of SME IPO
Ace Alpha Tech IPO: The initial public offering (IPO) of consulting and advisory firm Ace Alpha Tech Private Limited is witnessing a tepid response from investors. The ₹ 32 crore BSE SME IPO, which combines a fresh issue of 35,48,400 shares and an offer for sale (OFS) of 11,22,000 shares, opened for subscription on Thursday, June 26. The latest grey market premium (GMP) of Ace Alpha Tech indicates the stock could be listed at a premium of nearly 20 per cent. By 12:25 PM on the second day of subscription, the SME IPO had been subscribed 0.62 times. The retail portion was almost fully subscribed at that time, while the portion reserved for non-institutional buyers had been subscribed 0.50 times. 1. Ace Alpha Tech IPO GMP: According to market sources, the latest grey market premium (GMP) of Ace Alpha Tech shares was ₹ 13. The latest GMP indicates the stock could be listed at a nearly 20 per cent premium. 2. Ace Alpha Tech IPO date: The BSE SME IPO opened for subscription on Thursday, June 26, and will conclude on Monday, June 30. 3. Ace Alpha Tech IPO price: The price band of the public issue has been fixed at ₹ 65 to ₹ 69 per equity share. 4. Ace Alpha Tech IPO size: The company intends to raise ₹ 32 crore from the issue, which it will use to meet capital expenditure and for general corporate purposes. 5. Ace Alpha Tech IPO lot size: Bidders can apply in lots, and one lot of the SME IPO comprises 2,000 company shares. 6. Ace Alpha Tech IPO reservation: 22,00,000 shares are reserved for QIBs (including anchor investor shares), while 15,44,000 shares are reserved for retail investors. 6,62,000 shares are reserved for NIIs. 7. Ace Alpha Tech IPO allotment date: The company is expected to finalise the share allotment on Tuesday, July 1. Successful bidders can expect shares of the company in their demat accounts on Wednesday, July 2, and bidders who fail to get the allocation may get the refund on the same day. 8. Ace Alpha Tech IPO book-running lead manager and registrar: Narnolia Financial Services Ltd is the book-running lead manager, while Skyline Financial Services Private Limited is the registrar for the issue. 9. Ace Alpha Tech IPO listing: As per SEBI's T+3 rule of IPO listing, the SME IPO is proposed for listing on the BSE SME on Thursday, July 3. 10. Ace Alpha Tech business overview: The company caters to financial industry with its comprehensive suite of trading solutions to clients ranging from institutional investors to stockbrokers. "We provide various solutions to our clients, including set up for institutional trading, B2B Retail Trading, User Management, Proprietary Trading solutions and custom trading. Along with this, we ensure the redressal of client issues, our support system, and provide end-to-end solutions," says the company's RHP. For FY22, the company's profit stood at ₹ 13.45 lakh, which rose to nearly ₹ 3.32 crore in FY23 and ₹ 10.65 crore in FY24. In FY25 till December 31, the company's profit was ₹ 8.5 crore. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
