SME IPOs look like a tale of listing day boom and then gloomSME IPO News: Getting an allotment in an SME IPO can feel like winning a lottery, so it's wise to book profits on the listing day. In 2024,...
04 Sep, 2024, 02.38 PM IST
Classic Legends may hit the IPO route in FY27, co to focus on ramping up volumesClassic Legends, backed by Mahindra & Mahindra, plans to launch an IPO in the financial year starting April 1, 2026. The company, which man...
04 Sep, 2024, 12.35 AM IST
A wild ride! After a flat debut and 5% lower circuit, Resourceful Automobile shares bounce back to hit 5% upper circuitResourceful Automobile's stock debuted flat at Rs 117, then fluctuated between lower and upper circuits. Despite a 400x IPO subscription, l...
29 Aug, 2024, 03.24 PM IST
BSE SME IPO index bleeds 4% in an overall bullish market post Sebi warningThe SME IPO index recently reached the 1 lakh mark, but faced a drop on Thursday as Sebi warned investors against blindly investing in SME ...
29 Aug, 2024, 01.54 PM IST
SME IPO shocker: Two-showroom bike dealer Resourceful Automobile got 400x subscription but lists flatShares of Resourceful Automobile listed flat on the BSE SME platform at Rs 117, despite strong subscription and a GMP of 89% above the offe...
29 Aug, 2024, 01.14 PM IST
FOMO, retail rush and Sebi warnings! What's actually happening in SME IPO marketSME IPOs have been notably popular, with nearly all retail categories fully subscribed and many achieving up to 500 times or more subscript...
28 Aug, 2024, 05.08 PM IST
Sebi issues warning against SME stocks as IPOs leave investors dumbfoundedSebi highlighted that certain corporate actions can artificially boost investor sentiment, leading to increased stock purchases. This, in t...
28 Aug, 2024, 04.08 PM IST
“Not real money": Deepak Shenoy's reality check on Resourceful Automobile IPO frenzyWhile many investors doubted the company's business model, there were also dissenting opinions. Deepak Shenoy, a seasoned market expert, ca...
28 Aug, 2024, 04.03 PM IST
SME IPO frenzy stuns Radhika Gupta, calls it sin of bull marketInvestment excitement around SME IPOs has startled many, including Radhika Gupta of Edelweiss Mutual Fund. Highlighting a recent IPO by Res...
28 Aug, 2024, 01.14 PM IST
SME IPOs spark a gold rush as investors eye big bountiesThe Indian primary market has seen a surge in interest for SME IPOs, with massive oversubscriptions. Data from Prime Database reveals that ...
28 Aug, 2024, 07.14 AM IST
Resourceful Automobile's Rs 12-crore IPO oversubscribed 419 times; attracts bid for Rs 4,800 croreThe recent Rs 12 crore initial public offering of Resourceful Automobile, a Delhi-based company with just two outlets and a workforce of ei...
27 Aug, 2024, 04.42 PM IST
NIT student sent back to Bangladesh for 'heart' emoji on anti-India postA Bangladeshi student at NIT Silchar was repatriated after reacting with a 'love' emoji to an anti-India post on Facebook. However, she has...
27 Aug, 2024, 01.06 PM IST
Jaspal Bhatti's PP Waterballs golgappa video meme gets viral as Delhi bike dealer's Rs 12 crore IPO gets Rs 5,000 crore subscriptionsResourceful Automobile's Rs 12-crore IPO shocked Dalal Street by being oversubscribed nearly 400 times. The Delhi-based two-wheeler dealers...
27 Aug, 2024, 12.47 PM IST
Frenzy Ride! This Rs 12-crore SME IPO receives investor bids worth Rs 4,700 crResourceful Automobile's IPO saw overwhelming demand, receiving bids worth ₹4,700 crore for a ₹12-crore issue. The New Delhi-based company,...
27 Aug, 2024, 07.26 AM IST
An SME with 2 Yamaha showrooms gets 400x IPO demand, leaves internet baffledThe SME IPO of Resourceful Automobile saw a strong response, with a subscription of nearly 400 times. Despite only running two Yamaha deale...
26 Aug, 2024, 09.06 PM IST
Resourceful Automobile IPO: Check issue size, price band, GMP among other detailsResourceful Automobile's SME IPO is now open until August 26, aiming to raise Rs 12 crore by issuing 10.24 lakh shares at Rs 117 each. The ...
22 Aug, 2024, 02.14 PM IST
Orient Technologies IPO booked 12 times on Day 2. Check GMP and other detailsThe demand was driven by retail investors, whose category was subscribed 19 times. The NII portion of the issue was booked 13 times. There ...
22 Aug, 2024, 01.38 PM IST