Latest news with #SPOS


Business Upturn
4 days ago
- Business
- Business Upturn
Sri Lotus Developers & Realty lists with 18.7% premium on BSE at Rs 178 per share
Sri Lotus Developers and Realty Ltd made a strong debut on the BSE today, listing at ₹178 per share — a premium of 18.7% over the issue price of ₹150. The stock opened for trading at 10:00 AM as part of the Special Pre-open Session (SPOS) and was placed under the 'B' group of securities. The ₹792 crore public issue was entirely a fresh issue comprising 5.28 crore equity shares. The IPO, which was open between July 30 and August 1, witnessed massive investor interest. It was subscribed 69.14 times overall. The Qualified Institutional Buyers (QIB) segment led with a subscription of 163.90 times, followed by Non-Institutional Investors at 57.71 times and Retail Investors at 20.28 times. The price band was fixed between ₹140 and ₹150 per share, and listing gains were largely in line with grey market premium (GMP) expectations. Motilal Oswal Investment Advisors acted as the lead manager, while Kfin Technologies served as the registrar for the IPO. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.


Mint
4 days ago
- Business
- Mint
NSDL IPO listing date today. GMP, experts signal strong debut of shares in stock market today
National Securities Depository Limited (NSDL) shares are set to make their debut in the Indian stock market today. The initial public offering (IPO) of NSDL received strong response in the primary market and the equity shares will be listed today. The public issue was open from July 30 to August 1, while the IPO allotment was fixed on August 4. NSDL IPO listing date is today, 6 August 2025, Wednesday. NSDL shares will be listed on BSE. 'Trading Members of the Exchange are hereby informed that effective from Wednesday, August 6, 2025, the equity shares of National Securities Depository Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said. NSDL shares will be a part of Special Pre-open Session (SPOS) on Wednesday, August 6, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of the NSDL IPO listing today, investors keep an eye on the trends in the grey market premium (GMP) to gauge the NSDL listing price. NSDL IPO GMP today and analysts indicate a strong listing of shares. Here's what NSDL IPO GMP today signals about its share debut. The trends for NSDL shares in the unlisted market remains bullish. According to market experts, NSDL IPO GMP today is ₹ 127 per share. This means that in the grey market, NSDL shares are trading higher by ₹ 136 than their issue price. NSDL IPO GMP today signals that the estimated listing price of NSDL shares would be ₹ 927 apiece, which is at a premium of 16% to the IPO price of ₹ 800 per share. Analysts also expect a decent listing premium for NSDL shares today. 'Given the strong subscription levels and current market sentiment, we expect a decent listing gain in the range of 12–15% or higher, depending on listing day mood. However, beyond the short-term listing pop, NSDL represents a compelling long-term proxy play on the growth of institutional participation in Indian capital markets,' said Prashanth Tapse, Sr VP Research – Research Analyst at Mehta Equities. Harshal Dasani Business Head, INVasset PMS expects a healthy listing for NSDL shares, though he believes upside from there will need to be backed by consistent financial performance and potential monetisation of new service lines. 'At a price band of ₹ 760 – ₹ 800, the company is valued at ~ ₹ 16,400 crore, translating to a P/E of around 47x FY25 earnings. The listing valuations are steep, especially in comparison to CDSL, which trades at a discount despite being a listed peer. Also, the absence of fresh capital infusion means the IPO will not directly fund future growth. That said, NSDL's strong governance, duopoly positioning, and scale of operations make it a long-term compounding candidate,' said Dasani. NSDL IPO was open for subscription from July 30 to August 1, and IPO allotment date was August 4. NSDL IPO listing date is today, August 6. NSDL shares will be listed on BSE. The company raised ₹ 4,011.60 crore from the book-building issue at the upper-end of the IPO price band of ₹ 760 to ₹ 800 per share. NSDL IPO was entirely an offer-for-sale (OFS) of 5.01 crore equity shares. NSDL IPO was subscribed 41.01 times in total, according to the subscription data on BSE. The Retail investors category was booked 7.73 times, while the Non Institutional Investors (NII) portion was subscribed 34.98 times. The Qualified Institutional Buyers (QIBs) category received 103.97 times subscription. ICICI Securities is the book-running lead manager, while MUFG Intime India (Link Intime) is the NSDL IPO registrar. 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
4 days ago
- Business
- Mint
Sri Lotus Developers IPO listing date today. GMP, experts indicate decent Dalal Street debut
Sri Lotus Developers Listing: The equity shares of Sri Lotus Developers and Realty Ltd are set to get listed in the Indian stock market today. The company's initial public offering (IPO) ended on August 1 with strong subscription. The public offer was open from July 30 to August 1, and the IPO allotment was finalised on August 4. Sri Lotus Developers IPO listing date is today, August 6, Wednesday. 'Trading Members of the Exchange are hereby informed that effective from Wednesday, August 6, 2025, the equity shares of Sri Lotus Developers and Realty Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' said a notice on the BSE. Sri Lotus Developers shares will be a part of Special Pre-open Session (SPOS) on Wednesday, August 6, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of Sri Lotus Developers IPO listing today, investors watch out for the trends in the grey market premium (GMP). Sri Lotus Developers IPO GMP today and analysts indicate listing at a decent premium. Here's a look at Sri Lotus Developers IPO GMP today ahead of share listing. Sri Lotus Developers shares are witnessing a positive trend in the unlisted market with a decent grey market premium (GMP). Sri Lotus Developers IPO GMP today is ₹ 30 per share, market observers said. This means that in the grey market, Sri Lotus Developers shares are trading higher by ₹ 30 than their issue price. Sri Lotus Developers IPO GMP today signals that the estimated listing price of Sri Lotus Developers shares would be ₹ 180 apiece, which is at a 20% premium to the IPO price of ₹ 150 per share. Harshal Dasani Business Head, INVasset PMS said that Sri Lotus Developers IPO saw exceptional demand which speaks to strong institutional conviction in its luxury real estate model, especially within Mumbai's high-value redevelopment segment. 'At ₹ 150 per share, the IPO values the company attractively based on trailing earnings, and the grey market premium of ~ ₹ 40 points to strong listing potential. Overall, while macro risks remain, Sri Lotus has the fundamentals and demand visibility to justify the hype. It may well surprise on listing day — both in pricing and participation,' said Dasani. The public offer was open from July 30 to August 1, and the IPO allotment was fixed on August 4. Sri Lotus Developers IPO listing date is today, August 6. Sri Lotus Developers shares will be listed on BSE and NSE. Sri Lotus Developers IPO price band was set at ₹ 140 to ₹ 150 per share. The company raised ₹ 792 crore from the IPO which was entirely a fresh issue of 5.28 crore equity shares. The public issue was subscribed 69.14 times in total, NSE subscription status data showed. The IPO was subscribed 20.28 times in the Retail investors category, and 57.71 times in the Non-Institutional Investors segment. The Qualified Institutional Buyers (QIB) category received 163.90 times subscription. Motilal Oswal Investment Advisors is the book-running lead manager, while Kfin Technologies is the Sri Lotus Developers IPO registrar. 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
5 days ago
- Business
- Mint
Laxmi India Finance IPO listing date today. GMP signals muted debut of shares on Dalal Street
Laxmi India Finance IPO Listing: The equity shares of Laxmi India Finance Ltd will make their debut on Dalal Street today. Laxmi India Finance IPO listing date is today, 5 August 2025. The public issue of the non-banking financial company (NBFC) was open from July 29 to July 31, and the IPO allotment was fixed on August 1. Laxmi India Finance IPO listing date is today, August 5. Laxmi India Finance shares will be listed on both the stock exchanges, BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Tuesday, August 5, 2025, the equity shares of Laxmi India Finance Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said. Laxmi India Finance shares will be a part of Special Pre-open Session (SPOS) on Tuesday, August 5, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of the Laxmi India Finance IPO listing today, market participants watch out for the trends in the grey market premium (GMP) in order to gauge the estimated listing price of the stock. Laxmi India Finance IPO GMP today and experts signal a muted debut of shares in the stock market today. The trends for Laxmi India Finance shares in the unlisted market remains muted. Laxmi India Finance IPO GMP today is ₹ 4.5 per share, market observers said. This means that in the grey market, Laxmi India Finance shares are trading higher by ₹ 4.5 apiece than their issue price. Laxmi India Finance IPO GMP today indicates that the estimated listing price of Laxmi India Finance shares would be ₹ 162.5 apiece, which is at a 2.85% premium to the IPO price of ₹ 158 per share. The ₹ 254.26-crore worth Laxmi India Finance IPO comprised a combination of fresh issue of 1.05 crore equity shares worth ₹ 165.17 crore and offer-for-sale (OFS) of 56.38 lakh equity shares aggregating to ₹ 89.09 crore. Laxmi India Finance IPO was subscribed by 1.87 times, NSE data showed. The retail investors segment was booked 2.22 times and the Non Institutional Investors (NII) category was subscribed 1.84 times, while the Qualified Institutional Buyers (QIBs) category received 1.30 times subscription. PL Capital Markets is the book-running lead manager, while MUFG Intime India (Link Intime) is the Aditya Infotech IPO registrar. 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
5 days ago
- Business
- Mint
Aditya Infotech IPO listing date today. GMP, experts signal strong debut of shares in stock market today
Aditya Infotech IPO Listing: Aditya Infotech shares are set to make their debut in the Indian stock market today. Aditya Infotech IPO listing date is today, 5 August 2025, Tuesday. The initial public offering (IPO) of the video security and surveillance products company ended on July 31 with stellar subscription. Aditya Infotech IPO listing date is today, and the equity shares of the company will be listed on both the stock exchanges, BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Tuesday, August 5, 2025, the equity shares of Aditya Infotech Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said. Aditya Infotech shares will be a part of Special Pre-open Session (SPOS) on Tuesday, August 5, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of the Aditya Infotech IPO listing today, investors analyse the trends in the grey market premium (GMP) in order to gauge the estimated listing price of the shares. Aditya Infotech IPO GMP today and experts signal a strong debut of shares on Dalal Street. The trends for Aditya Infotech shares in the unlisted market remains bullish with a strong grey market premium (GMP). Market observers said Aditya Infotech IPO GMP today is ₹ 305 per share. This means that in the grey market, Aditya Infotech shares are trading higher by ₹ 300 than their issue price. Aditya Infotech IPO GMP today signals that the stock is available at a premium of 45% to the issue price in the grey market. Aditya Infotech IPO GMP today suggests that the estimated listing price of Aditya Infotech shares would be ₹ 980 apiece, which is at a 45.2% premium to the IPO price of ₹ 675 per share. 'Aditya Infotech's pre-listing positioning captures the convergence of two major structural trends - India's digital infrastructure push and the rising need for integrated surveillance, security, and smart system solutions across sectors. As one of the leading distribution players in the security and surveillance space, the company stands at the heart of India's hardware-software integration wave,' said Bhavik Joshi Business Head, INVasset PMS. The listing also aligns with renewed public market interest in digital infra enablers — especially those with a physical asset layer and real revenue visibility. While the company's historical growth has been robust, post-IPO scrutiny will revolve around margin consistency, working capital efficiency, and its ability to move up the value chain — possibly into integrated solutions or analytics-driven offerings, Joshi added. Aditya Infotech IPO was open for subscription from July 29 to July 31. The IPO allotment date was 1 August 2025, and Aditya Infotech IPO listing date is today, August 5. Aditya Infotech IPO shares will be listed on BSE and NSE. Aditya Infotech IPO price band was fixed at ₹ 675 per share, and the company raised ₹ 1,300 crore from the public issue which was a combination of fresh issue of 74.07 lakh equity shares worth ₹ 500 crore, and offer-for-sale (OFS) of 1.19 crore shares aggregating to ₹ 800 crore. Aditya Infotech IPO was subscribed by 100.69 times. The retail investors segment received 50.87 times subscription and the Non Institutional Investors (NII) category was booked 72 times. The Qualified Institutional Buyers (QIBs) category was subscribed 133.21 times, NSE data showed. ICICI Securities is the book-running lead manager, while MUFG Intime India (Link Intime) is the Aditya Infotech IPO registrar. 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.