ipo

Indifra Limited IPO

The IPO opens for subscription on 21st December and will close on 26th December 2023.

Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on the listing.

What does Indifra Limited do?

Established in 2009, the company specializes in infrastructure management contracting and the distribution of electrical appliances. The firm operates primarily in two business segments:

  • Pipeline and Infrastructure Management Contracting Services: The company offers comprehensive services in managing gas distribution pipelines. As of the latest update, the company has provided these services to Charotar Gas Sahakari Mandali Limited (CGSML) and has previously worked with Adani Gas Limited.
  • Distribution of Electrical Appliances: The company has expanded its business scope by becoming a distributor of electrical appliances, including a range of products like voltage stabilizers, induction cooktops, inverters, and more, under the brand V Guard.

How to check the allotment status for Indifra Limited IPO?

You can check the allotment status for the Indifra Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.

Supreme Power Equipment Limited IPO

The IPO opens for subscription on 21st December and will close on 26th December 2023.

Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on the listing.

What does Supreme Power Equipment Limited do?

Incorporated in 1994, Supreme Power Equipment Limited engages in the manufacturing and upgrading of a variety of transformers, including power, distribution, windmills, isolation, solar, energy-efficient, converters, and rectifier transformers.

The company has a significant presence in the windmill segment, supplying over 1500 transformers to various projects in India and abroad. In 2005, Supreme Power Equipment Limited transitioned to a private limited company, augmenting its production and testing capabilities to include transformers up to 25MVA/132KV Class.

How to check the allotment status for Supreme Power Equipment Limited IPO?

You can check the allotment status for the Supreme Power Equipment Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.

Sameera Agro And Infra Limited IPO

The IPO opens for subscription on 21st December and will close on 27th December 2023.

Disclaimer: This stock will trade with a lot size of 800 shares in the SME segment on listing.

What does Sameera Agro and Infra Limited do?

Incorporated in 2002, Sameera Agro And Infra Limited is a multi-faceted infrastructure development and construction company building residential, commercial spaces, apartments, townships, multistoried complexes, gated communities, landscapes, bridges, flyovers, subways, alleys, industrial parks, laying of water pipelines, gas pipelines, and other related works.

The Company has manufacturing and processing units on a lease basis near Hyderabad, which makes it accessible for three states i.e. Telangana, Karnataka, and Maharashtra. The Company is also in the process of acquiring processing mills on a lease basis at Guntur and Rajahmundry in Andhra Pradesh.

From 2021, the company has expanded to processing, drying, sale, purchase, marketing, and distribution of agricultural commodities of pulses, cereals, and grains such as urad dal, moong dal, toor dal, black grans, green gram, mung beans, red lentils, yellow dal, split yellow peas, etc and established for two years a strong customer network, suppliers’ network and warehouses for storage of goods.

Sameera Agro And Infra Limited IPO GMP

As per market observers, Sameera Agro and Infra IPO grey market premium (GMP) today is ₹40, which is ₹7 higher from its Thursday GMP of ₹33. Observers said that rise in Sameera Agro and Infra IPO GMP can be attributed to the trend reversal on Dalal Street after sharp selling on Wednesday. They said that the NSE SME issue has received strong response from investors and hence there can be more upside expected in unlisted market.

Trident Techlabs Limited IPO

The offer opens for subscription on December 21, 2023, and closes on December 26, 2023.

Disclaimer: This stock will trade with a lot size of 4000 shares in the SME segment on listing.

What does Trident Techlabs Limited do?

Trident Techlabs Limited specializes in tailored technological solutions for corporations across diverse sectors such as aerospace, defense, automotive, telecom, semiconductor, and power distribution. With two key business divisions—Engineering Solutions and Power System Solutions—the company leverages its extensive industry expertise to facilitate successful and adaptable businesses. Their Engineering Solutions cover a wide array of services including electronics design, system modeling, reliability, power electronics, and more, supporting clients throughout the product development lifecycle. On the other hand, Power System Solutions focuses on aiding power distribution utilities by addressing challenges related to network reliability, offering expertise in areas like transmission planning, energy storage solutions, and power cable ampacity.

With a team of 84 members, including engineers and professionals, the company operates across India and overseas, providing technology solutions. Their approach involves collaborating with OEMs, sourcing computer-aided engineering tools, and offering value-added services like training, maintenance, and project deployment. Additionally, the company engages in providing technical education to customers’ technology teams, partnered institutions, and newly qualified engineers, although this activity primarily serves as a supportive service rather than a significant revenue generator.

Trident Techlabs Limited IPO GMP

It is expected that the GMP of Trident Techlabs Limited IPO is going to be Rs 40/- .If you consider the upper band IPO price of Trident Techlabs IPO at ₹35 per share, then the likely listing price is being signalled at around ₹75 per share as per the GMP indicator on 18th December 2023. This is dynamic and keeps changing. One data point to track will be the subscription update on the stock as that would chart the GMP course.

Innova Captab Limited IPO

What does Innova Captab Limited do?

Innova Captab Limited is an integrated pharmaceutical firm in India, involved in various aspects of the pharmaceutical value chain, such as research and development (R&D), manufacturing, distribution, marketing, and exports. Its operations encompass a Contract Development and Manufacturing Organization (CDMO) catering to Indian pharmaceutical firms, a domestic market for branded generics, and an international market for branded generics.

The company’s internal R&D is its cornerstone; it helps to build its branded generic portfolio and draw in CDMO clients. They intend to open a new R&D center in addition to their dedicated facilities. Their CDMO services, which use more recent technologies like nanotechnology, cover a range of generic pharmaceuticals in different therapeutic areas and dosage formats.

According to CRISIL Research, they have one of India’s best capacities for producing tablets and capsules, and its R&D laboratory is well-equipped. They also have production facilities in Baddi, Himachal Pradesh.

What is the issue size of Innova Captab Limited IPO?

The entire public offer of the company is a fresh issue of equity shares worth Rs 320.00 crore and an offer for sale of up to 5,580,357 Equity Shares from the existing shareholders.

Innova Captab IPO Subscription Status (Bidding Detail)

The Innova Captab IPO is subscribed 3.64 times on December 22, 2023 7:02:00 PM. The public issue subscribed 5.22 times in the retail category, 1.08 times in the QIB category, and 3.38 times in the NII category. 

Innova Captab IPO GMP

According to market analysts, the current GMP of Innova Captab is Rs 100 in the unlisted market.

CLICK HERE to read more news

Leave a Reply

Your email address will not be published. Required fields are marked *