Posts

Liqvd Digital India Limited’s IPO Sees Strong Demand, Issue Fully Subscribed on First Day

·         Non-institutional investors portion subscribed 3.77 times on Day 1   ·         Issue closes on Friday, September 25, 2026, for bidding     Mumbai, 23 September 2026: The Initial Public Offering of Liqvd Digital India Limited was subscribed 1.03 times on the first day of bidding, demonstrating strong demand from qualified institutional buyers (QIB) and non-institutional investors for this IPO.   The issue received bids of 78,34,000 equity shares against the offered 75,94,000 equity shares, according to data available on the stock exchanges.   Non-Institutional Investors (NII) and Qualified Institutional Buyers (QIB) portion were subscribed 3.77 times and 1.00 time respectively. Individual investors was subscribed 0.04 time.   The issue kicked off for subscription on Wednesday, September 23, 2026, and will close for subscription on Friday, September 25, 2026.   IPO Details ...

AMUL Connects with Devotees at Lalbaugcha Raja Ganpati Festival

Image
  AMUL’s festive engagement showcased its range of ice creams, beverages and new products, adding to the experience of devotees during their darshan journey AMUL proudly participated in this year’s iconic Lalbaugcha Raja Ganpati Festival, one of Mumbai’s most celebrated and spiritually significant festivals, which witnessed a massive gathering of devotees from across the city and beyond. As part of its festival engagement, AMUL set up a dedicated stall to showcase and sell its wide range of ice creams, beverages and new products to devotees visiting Lalbaugcha Raja. The stall was strategically positioned to engage with and refresh devotees crossing the “Navas Line” on their way to seek the blessings of Bappa. The initiative provided AMUL with an opportunity to connect with consumers and introduce them to its diverse product range, while adding to their festive experience during the long wait and darshan journey. The display also helped create awareness and excitement around AMUL’s ...

Sunil Singhania-led Abakkus Asset Manager Limited files DHRP for IPO

Mumbai-based Abakkus Asset Manager Limited, founded and led by Sunil Banwarilal Singhania, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Rs 2, is an offer-for-sale for up to 15,000,000 equity shares by promoter selling shareholder - Abakkus Expert Professionals LLP. Since the issue is entirely an OFS, the company will not receive any proceeds from the offer. The IPO is primarily aimed at providing the company the benefits of listing its equity shares on the stock exchanges. The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. Axis Capital Ltd, ICICI Securities Ltd, IIFL Capital Services Ltd and JM Financial Ltd a...

Mohali-based Jai Parvati Forge Limited files DHRP for IPO

Image
Mohali - based Jai Parvati Forge Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO) crore.   The IPO, with a face value of Rs 2, is a fresh issue for up to Rs 300 crore and an offer-for-sale for up to 9,000, 000 equity shares by promoter – Suman Chauhan. The company, in consultation with the book-running lead managers, may consider a Pre-IPO Placement, prior to filing of the Red Herring Prospectus with the RoC. If the pre-IPO placement is completed, the amount raised pursuant will be reduced from the Fresh Issue. The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. Incorporated in 2004, the company has established itself as an integrate...

Runwal Enterprises Limited’s Initial Public Offering to Open on September 25, 2026, Price Band set at ₹290 – ₹305 Per Equity Share of face value of ₹2 each

Image
Price band of ₹290 - ₹305   per Equity Share bearing face value of ₹2 each (“Equity Shares”) Bid/Offer Opening Date –September 25, 2026 and Bid/Offer Closing Date - September 29, 2026 Minimum Bid Lot is 43 Equity Shares and in multiples of 49 Equity Shares thereafter  September 22, 2026, Mumbai: Runwal Enterprises Limited has fixed the price band of ₹290/- to ₹305/- per Equity Share of face value ₹2/- each for its initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, September 25, 2026, for subscription and close on Tuesday, September 29, 2026. Investors can bid for a minimum of 49 Equity Shares and in multiples of 49 Equity Shares thereafter. Equity shares outstanding as on date 131,391,436 equity shares of ₹2 each. The IPO, with a face value of ₹2, is entirely a fresh issue up to ₹5,000 million.  The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% of...

German Green Steel and Power Limited’s Initial Public Offering to Open on Friday, September 25, 2026, Price Band set at Rs 132– Rs 139 Per Equity Share

Image
Mumbai, September 22, 2026: German Green Steel and Power Limited, has fixed the price band of Rs 132/- to Rs 139/-per Equity Share of face value Rs. 10/- each for its initial public offering.   The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, September 25, 2026, for subscription and close on Tuesday, September 29, 2026.   Investors can bid for a minimum of 107 Equity Shares and in multiples of 107 Equity Shares thereafter.   Equity shares outstanding as on date of the Red Herring Prospectus, are 5,44,85,888 equity shares of Rs. 10 each.   The IPO, with a face value of Rs 10, is a fresh issue up to Rs 290 crore and an offer for sale for up to 10,00,000 equity shares by Promoter Selling Shareholders, namely Inamulhaq Shamsulhaq Iraki and Abdulhaq Shamsulhaq Iraki. The promoters have been associated with the industry since 1976 and represent the third generation of the family actively involved in driving the business. The Company has,...

From Lalbaug to Pune, Soframycin Carries the Spirit of Care This Ganesh Utsav

Image
This Ganesh Utsav, Soframycin, a 50 year old trusted topical healthcare brand from Encube Ethicals Limited, is bringing its commitment to accessible care for everyday injuries closer to consumers through an extensive sampling initiative across two major festive destinations—Lalbaug in Mumbai and Mayuresh Mitra Mandal in Pune. Facilitated by MCA Worldwide, the initiative aims to introduce consumers to Soframycin’s topical products while strengthening the brand’s connection with audiences during the festive season. Ganesh Utsav brings together large crowds, long walks and hours of waiting, creating everyday opportunities for minor cuts, scrapes, abrasions and other skin concerns. Soframycin helped in these moments by bringing its medicated cream and powder directly to devotees through on-ground sampling, offering relevant skin care where and when it could be needed. This helped reinforce Soframycin’s role as a trusted companion for everyday injuries and skin care, even in the midst of fe...