logo
#

Latest news with #JSKSecurities

Repono shares to list today. GMP signals mild listing pop
Repono shares to list today. GMP signals mild listing pop

Economic Times

time04-08-2025

  • Business
  • Economic Times

Repono shares to list today. GMP signals mild listing pop

Warehousing and logistics player Repono is set to make its market debut on the BSE SME platform on August 4. The IPO, which closed on July 30, was a fresh issue of 27.79 lakh shares at Rs 96 apiece, aggregating to Rs 26.68 crore. The Grey Market Premium (GMP) ahead of listing is trending at Rs 17, hinting at a potential 17–18% listing pop if momentum holds. ADVERTISEMENT Repono Its services span across warehouse management, secondary transportation, EPC services, and O&M of oil terminals. With notable clients from public sector undertakings and the energy industry, Repono has positioned itself as a niche logistics provider in hazardous goods management. Financially, the company has demonstrated solid traction. Repono clocked a revenue of Rs 51.59 crore and PAT of Rs 5.15 crore in FY25, marking a 51% and 23% YoY growth respectively. Anchor investors had earlier infused Rs 7.6 crore into the company, taking up 7.92 lakh shares at the upper end of the price band, lending credibility to the IPO was structured entirely as a fresh issue, with proceeds to be used for purchasing equipment, upgrading warehousing infrastructure, and investing in warehouse software systems. Market maker JSK Securities and BRLM Wealth Mine Networks will now look to stabilize trade post listing. Whether the debut will live up to GMP buzz will be known soon—but Repono has all the makings of a robust first-day show. (You can now subscribe to our ETMarkets WhatsApp channel)

Repono shares to list today. GMP signals mild listing pop
Repono shares to list today. GMP signals mild listing pop

Time of India

time04-08-2025

  • Business
  • Time of India

Repono shares to list today. GMP signals mild listing pop

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Warehousing and logistics player Repono is set to make its market debut on the BSE SME platform on August 4. The IPO, which closed on July 30, was a fresh issue of 27.79 lakh shares at Rs 96 apiece, aggregating to Rs 26.68 crore. The Grey Market Premium (GMP) ahead of listing is trending at Rs 17, hinting at a potential 17–18% listing pop if momentum Its services span across warehouse management, secondary transportation, EPC services, and O&M of oil terminals. With notable clients from public sector undertakings and the energy industry, Repono has positioned itself as a niche logistics provider in hazardous goods the company has demonstrated solid traction. Repono clocked a revenue of Rs 51.59 crore and PAT of Rs 5.15 crore in FY25, marking a 51% and 23% YoY growth investors had earlier infused Rs 7.6 crore into the company, taking up 7.92 lakh shares at the upper end of the price band, lending credibility to the IPO was structured entirely as a fresh issue, with proceeds to be used for purchasing equipment, upgrading warehousing infrastructure, and investing in warehouse software maker JSK Securities and BRLM Wealth Mine Networks will now look to stabilize trade post listing. Whether the debut will live up to GMP buzz will be known soon—but Repono has all the makings of a robust first-day show.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store