MULTIBAGGER IPOS
BSE SME IPO index bleeds 4% in an overall bullish market post Sebi warning
The SME IPO index recently reached the 1 lakh mark, but faced a drop on Thursday as Sebi warned investors against blindly investing in SME stocks. Sebi highlighted that some promoters create unrealistic pictures of their operations. Investors are urged to be cautious and avoid relying on unverified social media posts or rumours.
FOMO, retail rush and Sebi warnings! What's actually happening in SME IPO market
SME IPOs have been notably popular, with nearly all retail categories fully subscribed and many achieving up to 500 times or more subscription. Listings too have soared, triggering huge debate and coercive action from the regulator.
Sebi issues warning against SME stocks as IPOs leave investors dumbfounded
Sebi highlighted that certain corporate actions can artificially boost investor sentiment, leading to increased stock purchases. This, in turn, allows promoters to sell their shares at inflated prices. The regulator cautioned investors against relying on unverified social media posts and rumours when investing in SME stocks. Instead, investors should exercise caution and be mindful of such market manipulation patterns.
NSE amps up scrutiny as SMEs must show positive free cash flow before IPO filing
The NSE has intensified scrutiny on companies seeking to list on its SME platform by requiring them to demonstrate positive Free Cash Flow to Equity for two of the last three years. The move aims to ensure financial robustness and transparency, addressing concerns about market manipulation and overvaluation in SME IPOs.
Warburg Pincus exits Kalyan Jewellers, sells 2.36% stake to promoter TS Kalyanaraman
Warburg Pincus exited Kalyan Jewellers on Thursday, selling a 2.36% stake to promoter T S Kalyanaraman and 6.81% via a block deal. Warburg Pincus had reduced its holding from 30% since 2014 as part of a strategic divestment.
Unicommerce shares turn multibagger in bumper listing. What should investors do?
Unicommerce eSolutions made a spectacular debut on the exchanges on Tuesday, listing at Rs 235 per share, which is a staggering 117% premium over its issue price.
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240% return since listing! This multibagger realty stock still can surge another 35%: Motilal
Signature Global reported a robust 63% CAGR in pre-sales from FY21 to FY24, fueled by the expansion of projects under execution and a shift towards premium offerings. Motilal Oswal anticipates that this strong pre-sales growth will significantly accelerate the company’s operations across key metrics such as cash flow, revenue, and profitability. This, in turn, is expected to bolster confidence in the company’s execution capabilities and future growth prospects.
Unicommerce shares make multibagger market debut at Rs 235, up 117% over IPO price
Unicommerce’s Rs 277-crore initial public offering (IPO) was subscribed nearly 170 times the shares on offer – making it among the most subscribed issue this year. As of 10.20 am, the company’s share was trading nearly 5% lower than the listing price at Rs 223.63. The company offers technology products to manage operations including warehouse and inventory management, order management, and omnichannel retail management.
Early investors to gain big as FirstCry and Ola Electric go public
Investors in FirstCry, Ola Electric, and Unicommerce experienced substantial gains when these startups went public. Early stakeholders, including SoftBank and Mahindra & Mahindra, saw returns between three and ten times their original investments. However, late investors in FirstCry and Ola Electric faced notional losses due to lower-than-expected IPO valuations.
Ratan Tata to make 450% profit from FirstCry IPO but loss for Sachin Tendulkar
Billionaire business tycoon Ratan Tata is all set to make multibagger returns of 448.9% or a handsome profit of Rs 2.96 crore in the initial public offering (IPO) of kidswear startup FirstCry.
Early investors to gain big in FirstCry, Ola Electric, Unicommerce IPOs
As new-age companies FirstCry and EV maker Ola Electric are set to hit the bourses, investors who took the bets on these companies at the right time, are looking at multi-bagger returns. Those poised to cash in include SoftBank, Tiger Global, Mahindra & Mahindra and Matrix Partners India.
Two early Ola Electric investors to reap up to 824% returns in biggest IPO this year
Ola Electric IPO Latest News: Tiger Global, through its arm Internet Fund Pte, has acquired the shares at Rs 11.70 and will get around 549% return on investment through the IPO. The PE firm is selling about 63.6 lakh shares under the OFS and is likely to make a profit of Rs 49 crore.
These 2 soon-to-list SME IPOs are boasting a GMP of over 100% despite NSE price cap
Ganesh Green Bharat is enjoying a GMP approximately 120% higher than its issue price, while Effwa Infra is seeing a premium of nearly 146% above its IPO price in the unlisted market.
BSE SME IPO index crosses 1 lakh mark after over 5,000% rally in just 5 years
BSE SME IPO: While the Sensex eyes 100,000 in 1-2 years, the BSE SME IPO index has already hit this milestone. Small companies entering public markets, driven by investor demand, led to this achievement. The SME IPO market surged over 5000% in 5 years and doubled this year alone.
Does NSE's price capping on SME IPOs mean no multibagger returns on Day 1?
As SME IPOs gain traction among investors, regulators are moving to formalise the market with stricter controls. The NSE recently imposed a cap on SME issue listing prices at 90%, independent of grey market trends. This impacted Nephro Care, which despite a 300% pre-listing GMP, debuted at only a 90% premium due to the exchange's price cap.
NSE imposes price control cap of 90% on SME IPOs amid froth concerns
"To standardize the opening price discovery/ equilibrium price across exchanges during special pre-open session for initial public offer (IPO) for the SME platform, it has been decided to put an overall capping up to 90% over the Issue price for SME IPOs," NSE said in a circular.
Vraj Iron and Steel IPO share allotment likely today. Here's how you can check status
Vraj Iron and Steel IPO, oversubscribed 100 times, plans to utilize proceeds for Bilaspur plant expansion. The company's shares trade at a premium in the unlisted market. Product offerings include TMT bars and Dolochar. Loan from HDFC Bank to be repaid with IPO funds, with internal accruals contributing to the balance amount.
Multibagger debut! Shivalic Power Control shares list at 211% premium over IPO price
The IPO, which was completely a fresh equity sale of 64.32 lakh shares, was subscribed over 250 times at close, driven by strong interest from retail and non-institutional investors.
73% IPOs trading above issue price as primary market shines in H1, four turn multibaggers
The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors' reception also remained positive with only one failed IPO.
Pint-sized IPOs become lottery ticket as small investors make up to 1,500% return
The frenzy around SME IPOs driven by retail investors seeking high returns raises concerns about an overheated market and potential bubbles. Despite the success stories, caution is advised as valuations may not offer sufficient margin of safety in the current environment.
Multibagger Debut! Medicamen Organics stock debuts with 305% premium on NSE SME platform
Medicamen Organics, a pharmaceutical company, saw a successful listing on the NSE SME platform with a substantial premium. The company focuses on international markets, diverse pharmaceutical dosage forms, and global expansion strategies, reflecting its growth potential and market adaptability.
Medicamen Organics IPO booked 916 times at close; GMP at 147% over issue price
Medicamen Organics IPO, with 315 times subscription, plans to raise Rs 10.5 crore for expansion. The company aims to utilize net proceeds for international market registration and production capacity enhancement, targeting a share premium in the unlisted market.
Dindigul Farm Product IPO allotment expected soon as GMP indicates multibagger listing. Here's how you can check status
Dindigul Farm Products IPO, with robust demand and impressive subscription numbers, is poised for a successful listing. The company's focus on dairy processing aligns with India's leading position in milk production, showcasing a promising future.
Money spinners! Track these 3 SME IPOs with GMP above 100%
Dindigul Farm Product IPO opened for subscription earlier today and has already been subscribed over 3X so far. The shares are trading with a premium of Rs 74 in the unlisted market as compared to an offer price of Rs 54. This indicates a listing gain of nearly 137% if the trends sustain.
Investors high on SME IPOs with up to 1,300% returns. Is it time to get sober?
Investors high on SME IPOs with up to 1,300% returns. Marquee investors, top performers like Owais Metal & Mineral Processing, and risks of market manipulation highlighted. Emphasis on due diligence and investor awareness.
Wipe out! Sebi-hit SME superstar stock is now down 88% from peak in just 8 months
Varanium Cloud, entangled in Sebi's scrutiny, experienced a drastic decline in its valuation from its peak in October last year. The stock, which hit a 52-week high of 239.5 in October 2023, plummeted to Rs 29.3 in the latest trade, marking a staggering 87% decline.
Vraj Iron, Allied Blenders get Sebi nod to raise fund through IPO
Chhattisgarh-based Vraj Iron and Steel and Allied Blenders has received capital markets regulator Sebi's go-ahead to raise funds through respective IPOs.
Virat Kohli, Anushka Sharma to score 263% return, Rs 7 crore profit with Go Digit IPO
Go Digit IPO: The new-age insurance startup on Friday announced that its Rs 2,615 crore IPO, which will run from May 15-17, comes with a price band of Rs 258 to Rs 272 per share. The shares are already commanding a premium of around Rs 50 or 18% in the grey market
Alpex Solar shares to debut on NSE SME on Thursday. Is multibagger listing in the offing?
Considering the upper price band of Rs 115, the stock is expected to list at a premium of 130%. The public offer of Alpex Solar was subscribed 300 times at close. The category reserved for retail investors was booked 350 times and that of NII investors was subscribed 500 times.
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