ALPEX SOLAR LISTING
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.
Nephro Care India IPO: Deepak Parekh-backed company to raise around Rs 40 crore via public issue on NSE Emerge
Deepak Parekh-backed multi-speciality healthcare provider Nephro Care India Limited (NCIL) is likely to raise around Rs 40 crore through the initial public offering (IPO) to fund its expansion plans.
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.
ETMarkets SME Talk: Kulbhushan Parashar shares the secret of turning SME companies into multibaggers
"The overall Indian economy in the last 2-3 years has seen a major shift in terms of investment and spending. As a significant portion of the population entered high-income zones, correspondingly liquidity in all fundraising channels has jumped."
IPO boom! Madhu Kela’s unlisted solar stock surges 300%. Should you invest in the sun?
Shares of unlisted Waaree Energies, India's largest solar PV module manufacturer, have surged 300% in the last 6 months, backed by investors like Madhu Kela, ValueQuest's Ravi Dharamshi and Arvind Kothari-run Niveshaay, ahead of their planned IPO launch. Divam Sharma attributes the surge in price to the DRHP filing and favorable sector valuations. The unlisted solar stock is commanding a market value of Rs 46,000 crore now.
Alpex Solar shares hit 5% upper circuit after BofA Securities buys stake
The shares of Alpex Solar delivered 215% returns to its investors so far. The stock was listed on the NSE SME platform on Thursday with a premium of 186%, after which it rallied further to close the day at Rs 345 as against an issue price of Rs 115.
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Sensex climbs 300 points tracking global peers, Nifty reclaims 22K
From the Sensex pack, Infosys, Wipro, Tata Motors, UltraTech Cement, and M&M opened with gains, while Power Grid, Sun Pharma, ITC, Axis Bank, and Reliance Industries opened with cuts.
Stocks in news: Entero Healthcare, YES Bank, Alpex Solar, Max Financial, UPL
Global private equity major Carlyle Group on Thursday sold 1.4% stake in private sector lender YES Bank for approximately Rs 1,057 crore.
BofA Securities buys Alpex Solar stake in open market after 200% listing day return
The shares of Alpex Solar nearly tripled investors' wealth on the first day of debut. The stock listed on the NSE SME platform with a premium of 186%, after which it rallied further to close the day at Rs 345 as against an issue price of Rs 115.
Alpex Solar shares list at 186% premium on NSE SME platform
Alpex is a solar photovoltaic (PV) module manufacturer, predominantly in the Northern region of India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies.
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.
Alpex Solar GMP jumps post share allotment. Check listing date and potential upside
Post the allotment, the company saw a jump in its GMP and is currently at Rs 175, more than double that of the issue price. The IPO was priced at Rs 115 at the upper end.
After successful IPOs, two small finance banks to debut on D-Street tomorrow. Here's what to expect
Ahead of the listing, the GMP of Jana SFB is around Rs 30, indicating a gain of 7% on debut, while that of Capital SFB is Rs 0, which implies a flat or even a discounted listing. Both the IPOs of Jana SFB and Capital SFB sailed through with subscriptions of 18.5 times and 2 times, respectively.
Rashi Peripherals shares to list tomorrow. What GMP signals ahead of debut?
The IPO of Rashi Peripherals was subscribed nearly 60 times at close, driven by heavy bidding from non-institutional investors. Most analysts were positive on the issue as the company has a good financial track record and robust distribution network.
Entero Healthcare IPO fully subscribed on final day. Check subscription, GMP and other details
Entero Healthcare IPO comprises a fresh equity issue of Rs 1,000 crore and an OFS of up to 47.69 lakh shares. Prabhat Agrawal, Prem Sethi, Orbimed Asia Iii Mauritius, Chethan MP, and Deepesh T Gala, among others, will offload shares under the OFS. The shares are trading with a marginal premium of Rs 10 in the grey market.
Alpex Solar IPO allotment: Check status, GMP, listing date and other details
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.
Vibhor Steel Tubes among 4 IPOs set to hit the Street this week. Check details
As the third quarter earnings are about to end, inflows into the primary market are expected to continue as several companies prepare to launch their public offerings this week.
SME IPO: Alpex Solar issue to open on Feb 8; sets price band at Rs 109-115/share
Solar energy solutions provider Alpex Solar Ltd on Monday said it has fixed a price band of Rs 109-115 apiece for its Rs 75-crore initial public offering (IPO).
Alpex Solar files preliminary papers to raise Rs 75 cr via IPO
Solar energy solutions provider Alpex Solar on Wednesday said it has filed preliminary papers with SEBI to raise Rs 75 crore through an initial public offering. The offer comprises fresh issuance of 64,80,000 equity shares with a face value of Rs 10 each, a company statement said.
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