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News18
16 hours ago
- Business
- News18
Monolithisch India IPO Day 2: Check Subscription Status, GMP Today
Last Updated: Monolithisch India IPO GMP: Unlisted shares of Monolithisch India Ltd are trading at Rs 189 apiece in the grey market, which is 32.17% premium over the IPO price of Rs 143. Monolithisch India IPO Day 2: The initial public offering of Monolithisch India Ltd, which was opened for public subscription on June 12, has already been oversubscribed. Till 1:19 pm on the second day of bidding on Friday (June 13), the Rs 82.02-crore NSE SME IPO received a 4.51 times subscription, garnering bids for 1,72,20,000 shares as against 38,15,000 shares on offer. The retail and NII participation stood at 5.82 times and 2.82 times, respectively. Its qualified institutional buyer (QIB) category got a 3.50 times subscription. Monolithisch India Ltd, founded in August 2018, manufactures specialised ramming mass used as heat insulation in induction furnaces for the iron, steel, and foundry industries. It has major clients in eastern India and a production unit in Purulia, West Bengal. The three-day IPO will be closed on Monday, June 16. It received a 2.26 times subscription on the first day of bidding on Thursday. The price has been fixed in the range of Rs 143 apiece. Monolithisch India IPO GMP Today According to market observers, unlisted shares of Monolithisch India Ltd are currently trading at Rs 189 apiece in the grey market, which is a 32.17% premium or GMP over the IPO price of Rs 143. It indicates listing gains for investors on June 19, the tentative listing date. The shares will be listed on the NSE's SME platform. The minimum lot size for an application is 1,000. The minimum amount of investment required by retail investors is Rs 1,43,000. The bidding can be done in multiple of 3,000. Monolithisch India IPO is a book-built issue worth Rs 82.02 crore, consisting entirely of a fresh issue of 54.48 lakh shares. The IPO opened for subscription on June 12, 2025, and will close on June 16, 2025. Allotment is expected on June 17, and the shares are likely to be listed on the NSE SME platform on June 19, 2025. Hem Securities Limited is the book-running lead manager, Kfin Technologies is the registrar, and Hem Finlease Private Limited is the market maker for the issue.
News18
2 days ago
- Business
- News18
Jainik Power and Cables IPO Closes Today: Check Subscription Status, GMP Today
Last Updated: Unlisted shares of Jainik Power and Cables Ltd are currently trading at Rs 117 apiece in the grey market, which is a 6.36% premium or GMP over the upper IPO price of Rs 110. Jainik Power and Cables IPO Day 3: The initial public offering of Jainik Power and Cables Ltd, which is going to be closed at 5 pm today, June 12, has so far received a muted response. Till 10:09 am on the final day of bidding on Thursday, the Rs 51.30-crore NSE SME IPO received a 1.22 times subscription, garnering bids for 53,91,600 shares as against 44,29,200 shares on offer. The retail and NII participation stood at 1.61 times and 0.98 times, respectively. The QIB category received a 0.51 times subscription. The IPO was opened for public subscription on June 10. It received a 0.71 times subscription on Day 1 and a 1.18 times subscription on Day 2. Jainik Power and Cables IPO Price The price has been fixed in the range of Rs 100 to Rs 110 apiece. advetisement Jainik Power and Cables IPO Lot Size The minimum lot size for an application is 1,200. The minimum amount of investment required by retail investors is Rs 1,32,000. The bidding can be done in multiple of 1,200. Jainik Power and Cables IPO GMP Today According to market observers, unlisted shares of Jainik Power and Cables Ltd are currently trading at Rs 117 apiece in the grey market, which is a 6.36% premium or GMP over the upper IPO price of Rs 110. It indicates mild listing gains for investors on June 11, the tentative listing date. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Shares of Jainik Power and Cables Ltd are scheduled to be listed on the NSE's SME platform on June 17. Jainik Power and Cables IPO: More Details The Jainik Power and Cables IPO, which is a bookbuilding of Rs 51.30 crore, is entirely a fresh issue of 46.63 lakh shares. The IPO bidding opened for subscription on June 10, 2025, and will close on June 12, 2025. Its price band has been fixed at Rs 100 to Rs 110 per share. Fast Track Finsec Pvt Ltd is the book-running lead manager of the Jainik Power and Cables IPO, while Skyline Financial Services Private Ltd is the registrar for the market maker for Jainik Power and Cables IPO is Rikhav Securities Limited. About the Author First Published: June 12, 2025, 10:25 IST News business » ipo Jainik Power and Cables IPO Closes Today: Check Subscription Status, GMP Today
Time of India
2 days ago
- Business
- Time of India
Monolithisch India IPO opens today: Key details investors should know
Monolithisch India's SME IPO will open for subscription today and will remain open until June 16. The SME IPO aims to raise Rs 82.02 crore through a fresh issue of 54.48 lakh equity shares. The shares will be listed on the NSE SME platform, with a tentative listing date set for June 19, 2025. The IPO is being offered in a price band of Rs 135 to Rs 143 per share. Retail investors can apply for a minimum lot size of 1,000 shares, requiring an investment of Rs 1.43 lakh at the upper end of the price band. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Amucao Apartment Prices May Be Lower Than You Think (Take a Look) Apartments for rent | Search Ads Learn More Undo Hem Securities is the book-running lead manager, and Kfin Technologies is the registrar for the issue. Play Video Play Skip Backward Skip Forward Mute Current Time 0:00 / Duration 0:00 Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions and subtitles off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Monolithisch India, incorporated in August 2018, specializes in manufacturing and supplying 'ramming mass,' a key heat insulation material used in iron and steel induction furnaces. The company has expanded its client base from 43 in 2023 to 61 in 2025, underscoring its growing market presence. It posted strong financial performance for FY25, with revenue rising 41% to Rs 97.49 crore and net profit increasing 70% to Rs 14.49 crore compared to the previous year. Live Events The IPO proceeds will be used to fund capital expenditure for a new manufacturing facility, invest in its subsidiary Metalurgica India Private Limited, meet working capital requirements, and cover general corporate expenses.
News18
3 days ago
- Business
- News18
Sacheerome IPO Closes Today: Check Subscription Status, GMP Today
Last Updated: Unlisted shares of Sacheerome Ltd are trading at Rs 143 apiece in the grey market, which is a 40.20% premium or GMP over the IPO price of Rs 102, signalling listing gains. Sacheerome IPO Day 3: The initial public offering of fragrances and flavours maker Sacheerome Ltd, which is going to be closed today, June 11, has so far received strong subscription. Till 10:20 am on the final day of bidding on Wednesday, the Rs 61.62-crore NSE SME IPO received a 51.29 times subscription, garnering bids for 20,61,22,800 shares as against 40,18,800 shares on offer. The retail and NII participation stood at 50.25 times and 109.32 times, respectively. The qualified institutional buyers (QIB) category has received a 9.53 times subscription so far. Sacheerome Limited, founded in June 1992, designs and manufactures fragrances and flavours for B2B FMCG clients in India and globally. Its fragrances cater to sectors like personal care, home care, and wellness, while its flavours serve beverages, bakery, dairy, nutrition, oral care, and more. The three-day Sacheerome IPO was opened on Monday, June 9. It received a 7.46 times subscription on the first day of bidding on Monday and a 33.50 times subscription on Day 2 on Tuesday. Sacheerome IPO Price The Sacheerome IPO price band has been fixed at Rs 102 per share. Sacheerome IPO Lot Size The minimum lot size for an application is 1,200. The minimum amount of investment required by retail investors is Rs 1,22,400. The bidding can be done in multiple of 1,200. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Shares of Sacheerome Ltd are scheduled to be listed on the NSE's SME platform on June 16. Sacheerome IPO: More Details The Sacheerome IPO, which is a bookbuilding of Rs 61.62 crore, is entirely a fresh issue of 60.41 lakh shares. The public offer opened for subscription on June 9, 2025, and will close on June 11, 2025. The allotment for the Sacheerome IPO is expected to be finalised on Thursday, June 12, 2025. It will be list on the NSE SME with a tentative listing date fixed as Monday, June 16, 2025. GYR Capital Advisors Private Limited is the book-running lead manager of the Sacheerome IPO, while MUFG Intime India Private Limited ((Link Intime) is the registrar for the market maker for Sacheerome IPO is Giriraj Stock Broking Private Limited.
Mint
27-05-2025
- Business
- Mint
Blue Water Logistics IPO day 1: GMP, subscription status, price band, other details of NSE SME IPO
Blue Water Logistics IPO day 1: The initial public offering (IPO) of logistics and supply chain solutions provider Blue Water Logistics opened for subscription on Tuesday, May 27, and will remain so till Thursday, May 29. The ₹ 40.50 crore SME IPO is entirely a fresh issue of 30 lakh shares. The company intends to use the net proceeds from the issue to fund its capital expenditure requirements by the purchase of vehicles and its body building, and for general corporate purposes. By 12 PM on the first day of subscription on Tuesday, the NSE SME IPO had been subscribed 0.13 times, with the retail portion booked 0.23 times and the segment reserved for non-institutional investors (NIIs) subscribed 0.04 times. The segment reserved for qualified institutional buyers had not seen any subscription till then. 1. Blue Water Logistics IPO GMP: According to market sources, the latest grey market premium (GMP) of Blue Water Logistics shares was zero. This indicates that Blue Water Logistics shares could be listed at par with the issue price. 2. Blue Water Logistics IPO date: The SME IPO opened for subscription on Tuesday, May 27, and will conclude on Thursday, May 29. 3. Blue Water Logistics IPO price: The price band of the public issue has been fixed at ₹ 132 to ₹ 135 per equity share. 4. Blue Water Logistics IPO size: The company intends to raise ₹ 40.50 crore from the issue, which it will use to meet working capital requirements and funding capital expenditure requirements. 5. Blue Water Logistics IPO lot size: Bidders can apply in lots, and one lot of the SME IPO comprises 1,000 company shares. 6. Blue Water Logistics IPO reservation: As much as 50 per cent of the net issue is reserved for QIBs, while 35 per cent of the net issue is reserved for retail investors. The remaining 15 per cent of the issue is reserved for NIIs. 7. Blue Water Logistics IPO allotment date: The IPO is closing on Thursday, May 29, so as per SEBI's listing rules, the company is expected to finalise the share allotment on Friday, May 30. Successful bidders can expect shares of the company in their demat accounts on Monday, June 2, and bidders who fail to get the allocation may get the refund on the same day. 8. Blue Water Logistics IPO book-running lead manager and registrar: Smart Horizon Capital Advisors Private Limited is the book-running lead manager, while Maashitla Securities Private Limited is the registrar for the issue. 9. Blue Water Logistics IPO listing: As per SEBI's T+3 rule of IPO listing, the SME IPO is proposed for listing on the NSE SME on Tuesday, June 3. 10. Blue Water Logistics business overview: The company is engaged in the business of providing logistics and supply chain solutions to our customers. According to the company's RHP, its key services include freight forwarding, custom clearance and transportation handling services. "We are a multimodal transport operator registered under the Multimodal Transportation of Goods Act 1993 to carry on the business of multimodal transportation," the company's RHP says. The company's profit for FY23 stood at ₹ 1.54 crore, which rose to ₹ 5.94 crore in FY24 and ₹ 10.67 crore in FY25. Revenue from operations for FY23, FY24 and FY25 stood at ₹ 97.98 crore, ₹ 138.67 crore and ₹ 196.18 crore, respectively. Read all market-related news here Read more stories by Nishant Kumar 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.
