Latest news with #KfinTechnologiesLimited
Mint
11-08-2025
- Business
- Mint
BlueStone Jewellery IPO day 1: GMP, review, subscription status, other details. Good or bad for investors?
BlueStone Jewellery IPO day 1: The Initial Public Offering (IPO) of BlueStone Jewellery Limited has hit the Indian primary market today and will remain open until 13 August 2025. The jewellery company has declared the BlueStone Jewellery IPO price band at ₹ 492 to ₹ 517 per equity share. The company aims to raise ₹ 1,540.65 crore, out of which ₹ 820 crore is aimed through the issuance of fresh shares. The remaining ₹ 720.65 crore is reserved for the offer for sale (OFS) route. Meanwhile, company shares are available in the grey market ahead of the BlueStone Jewellery IPO subscription opening date. According to market observers, BlueStone Jewellery shares are available at a premium of ₹ 16 in the grey market today. Bidding for the mainboard IPO will begin at 10:00 AM, and investors can apply for the book build issue from 10:00 AM to 5:00 PM during the three days of bidding from 11 August 2025 to 13 August 2025. 1] BlueStone Jewellery IPO GMP today: According to market observers, BlueStone Jewellery shares are available at a premium of ₹ 16 in the grey market today. 2] BlueStone Jewellery IPO price: The jewellery company has declared the BlueStone Jewellery IPO price band at ₹ 492 to ₹ 517 per equity share. 3] BlueStone Jewellery IPO date: Bidding for the public issue has opened today and will remain open until 13 August 2025. 4] BlueStone Jewellery IPO size: The company aims to raise ₹ 1,540.65 crore, of which ₹ 820 crore will be raised through the issuance of fresh shares. The rest, ₹ 720.65 crore, is reserved for the offer for sale (OFS) route. 5] BlueStone Jewellery IPO lot size: A bidder can apply in lots, and one lot of the mainboard IPO comprises 29 company shares. 6] BlueStone Jewellery IPO allotment date: The most likely date for share allocation is 14 August 2025. 7] BlueStone Jewellery IPO registrar: Kfin Technologies Limited has been appointed the official registrar of the public issue. 8] BlueStone Jewellery IPO lead managers: Axis Capital, IIFL Capital Services, and Kotak Mahindra Capital Company have been appointed lead managers of the mainboard IPO. 9] BlueStone Jewellery IPO listing date: The most likely date for share listing is 19 August 2025, as one stock market holiday will fall on 15 August 2025. 10] BlueStone Jewellery IPO review: Regarding whether one should apply for the public issue or not, Gaurav Goel, Founder and Director at Fynocrat Technologies, said, "While BlueStone has demonstrated strong topline growth and evolving brand strength, the lack of profitability, negative margins, and expensive valuations raise concerns. Return on equity remains deeply negative, and meaningful PAT may still be 2–3 years away." Assigning a 'subscribe' tag for long-term, Anshul Jain, Head of Research at Lakshmishree Investment, said, "Bluestone Jewellery & Lifestyle Ltd, a leading omni-channel jewellery retailer, has shown impressive scale-up with revenue rising from ₹ 576 crore in FY21 to ₹ 1,249 crore in FY23, and ₹ 1,155 crore in 9MFY24. The company has transitioned from losses to profitability, reporting ₹ 35 crore PAT in 9MFY24 with healthy gross margins of 32%. Backed by strong branding and expanding its store count (targeting 300+ outlets), Bluestone is poised for deeper market penetration." Anshul Jain said the business remains capital-intensive with thin EBITDA margins (around 8%) and significant offline expansion costs, which could weigh on short-term earnings. Competition from established players like Tanishq also remains a challenge. "With proceeds to fund store expansion and working capital, Bluestone is well-positioned to capture India's growing jewellery demand. While near-term volatility is likely, the long-term growth story shines bright," Jain concluded. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
07-08-2025
- Business
- Mint
Parth Electricals & Engineering to be finalised today. Latest GMP, steps to check share allotment status online
Parth Electricals & Engineering IPO allotment in focus: The allotment for Parth Electricals & Engineering is expected to be finalized today, August 07. Investors can check their allotment status through the registrar, Kfin Technologies Limited, or the NSE website. The IPO, which was open for bidding from August 04 to August 06, saw a robust response from investors, being subscribed 23.77 times. Specifically, the non-institutional investor (NII) segment was oversubscribed 43.93 times, while the retail portion was oversubscribed 20.28 times and the QIB was booked at 17.65 times. The IPO price was set at ₹ 170 per share. Given the high level of retail oversubscription, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Those who do not receive an allotment can expect the refund process to start on August 07, 2025. The IPO is scheduled to list on NSE SME on Monday, August 11. The company proposes to use the issue proceeds towards establishing a GIS manufacturing facility in Gujarat, establishing a manufacturing facility in Odisha, repayment of short-term borrowings, and general corporate purposes. According to market sources, the GMP of the Parth Electricals & Engineering IPO on Thursday was 14, indicating that the stock is likely to list at 184 apiece, 8.23% higher than the IPO price of ₹ 170 apiece. Step 1: Visit the IPO registrar's website on this link— Step 2: Choose 'Parth Electricals & Engineering' in the Select IPO dropdown menu. Step 3: Select either Application No., Demat Account, or PAN. Step 4: Enter the details as per the option selected. Step 5: Enter the Captcha code and click on Submit. Your Parth Electricals & Engineering IPO allotment status will be displayed on the screen. Step 1: Visit the NSE allotment status page on its website here: Step 2: Select 'Equity and SME IPO bids' Step 3: Choose 'Parth Electricals & Engineering' from the Issue Name dropdown menu. Step 4: Enter your PAN and application number. Your Parth Electricals & Engineering IPO allotment status will be displayed on the screen. Parth Electricals and Engineering Limited is a service-oriented firm that evolved into a manufacturing entity specializing in electrical equipment. The company offers products such as Medium Voltage (MV) switchgear panels, Vacuum Circuit Breaker (VCB) panels, Earth Link Boxes, Control and Relay Panels (CRP), and Compact Substations (CSS). It also offers installation, testing, commissioning, and turnkey execution for Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220 kV, along with High Voltage (HV) and Extra High Voltage (EHV) cable laying projects. The company's clientele includes Aditya Birla, Ultratech Cement, L&T, RIL, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, GFL, Jindal Steel & Power, and many more. The company's manufacturing facility is situated in Manjusar, Vadodara. Disclaimer: 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.
Mint
27-06-2025
- Business
- Mint
Ellenbarrie Industrial Gases IPO allotment date today: Steps to check status; latest GMP for over ₹850 crore offer
Ellenbarrie Industrial Gases IPO allotment status: The initial public offering (IPO) of Ellenbarrie Industrial Gases, which closed for subscription earlier this week, is set to declare its allotment status on Friday, June 27. Ellenbarrie Industrial Gases IPO was a mainboard issue worth ₹ 852.53 crore. It received decent demand and is witnessing a firm trend in the grey market, making investors keen about its allotment. The IPO, which ran between June 24 to June 26, was subscribed 17.37 times at the end of the three-day bidding period, with the QIB portion booked 45.27 times, the NII portion subscribed 15.58 times and the retail quota booked 2.19 times. The issue was priced in the range of ₹ 380 to ₹ 400 per share and was a mix of a fresh issue of ₹ 400 crore and an offer for sale of ₹ 452.53 crore. With the shares of Ellenbarrie Industrial Gases IPO slated to list on both BSE and NSE, investors can check the allotment status on the exchanges' websites. Additionally, they can also check Ellenbarrie Industrial Gases IPO allotment status on the registrar's website, as well, which is Kfin Technologies Limited in this case. - Select 'Equity' in the Issue Type - Choose 'Ellenbarrie Industrial Gases' as Issue Name from the dropdown menu - Enter either Application No. or PAN - Verify by ticking on 'I am not robot' and click on 'Search' Your Ellenbarrie Industrial Gases IPO allotment status will be displayed on the screen. - Visit the IPO registrar's website at this link: - Select IPO from the dropdown: Ellenbarrie Industrial Gases - Enter Application Number/PAN/Demat Number Your Ellenbarrie Industrial Gases IPO allotment status will be displayed on the screen. The grey market premium or GMP for Ellenbarrie Industrial Gases IPO was ₹ 41 per share. This means Ellenbarrie Industrial Gases shares were trading ₹ 41 or 10.25% higher at ₹ 441 apiece in the grey market premium. If the trend sustains, Ellenbarrie Industrial Gases IPO shares could list at a 10% premium.
Mint
27-06-2025
- Business
- Mint
Ellenbarrie Industrial Gases IPO allotment date today: Steps to check status; latest GMP for over ₹850 crore offer
Ellenbarrie Industrial Gases IPO allotment status: The initial public offering (IPO) of Ellenbarrie Industrial Gases, which closed for subscription earlier this week, is set to declare its allotment status on Friday, June 27. Ellenbarrie Industrial Gases IPO was a mainboard issue worth ₹ 852.53 crore. It received decent demand and is witnessing a firm trend in the grey market, making investors keen about its allotment. The IPO, which ran between June 24 to June 26, was subscribed 17.37 times at the end of the three-day bidding period, with the QIB portion booked 45.27 times, the NII portion subscribed 15.58 times and the retail quota booked 2.19 times. The issue was priced in the range of ₹ 380 to ₹ 400 per share and was a mix of a fresh issue of ₹ 400 crore and an offer for sale of ₹ 452.53 crore. With the shares of Ellenbarrie Industrial Gases IPO slated to list on both BSE and NSE, investors can check the allotment status on the exchanges' websites. Additionally, they can also check Ellenbarrie Industrial Gases IPO allotment status on the registrar's website, as well, which is Kfin Technologies Limited in this case. - Select 'Equity' in the Issue Type - Choose 'Ellenbarrie Industrial Gases' as Issue Name from the dropdown menu - Enter either Application No. or PAN - Verify by ticking on 'I am not robot' and click on 'Search' Your Ellenbarrie Industrial Gases IPO allotment status will be displayed on the screen. - Visit the IPO registrar's website at this link: - Select IPO from the dropdown: Ellenbarrie Industrial Gases - Enter Application Number/PAN/Demat Number Your Ellenbarrie Industrial Gases IPO allotment status will be displayed on the screen. The grey market premium or GMP for Ellenbarrie Industrial Gases IPO was ₹ 41 per share. This means Ellenbarrie Industrial Gases shares were trading ₹ 41 or 10.25% higher at ₹ 441 apiece in the grey market premium. If the trend sustains, Ellenbarrie Industrial Gases IPO shares could list at a 10% premium. 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.
Business Insider
01-06-2025
- Business
- Business Insider
Investec Reaffirms Their Buy Rating on Kfin Technologies Limited (KFINTECH)
Investec analyst Nidhesh Jain maintained a Buy rating on Kfin Technologies Limited (KFINTECH – Research Report) on May 30 and set a price target of INR1,600.00. The company's shares closed last Friday at INR1,078.70. Confident Investing Starts Here: According to TipRanks, Jain is a 3-star analyst with an average return of 7.4% and a 75.00% success rate. Jain covers the Financial sector, focusing on stocks such as AU Small Finance Bank Limited, Max Financial Services Limited, and Aadhar Housing Finance Ltd. Currently, the analyst consensus on Kfin Technologies Limited is a Moderate Buy with an average price target of INR1,155.00.
