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IPO

Company Open Date Closing Date Offer Price
Newgen Software Technologies Ltd. 16/01/201818/01/2018245
Company Open Date Closing Date Offer Price
Apollo Micro Systems10/01/201812/01/2018275
SKS Textiles 09/01/201811/01/2018150
Silly Monks Entertai05/01/201810/01/2018120
Jhandewalas Foods 29/12/201704/01/201855
Rithwik Facility Man29/12/201703/01/201850
Brand Concepts L 29/12/201702/01/201845
Moksh Ornaments Ltd.21/12/201726/12/201737
Ajooni Biotech Ltd. 20/12/201722/12/201730
Astron Paper & Board15/12/201720/12/201750
One Point One Soluti13/12/201715/12/201767
SMVD Poly Pack 13/12/201715/12/201755
Diggi Multitrade 11/12/201714/12/201713
Kids Medical Systems11/12/201714/12/201730
Touchwood Entertainm11/12/201713/12/201740
Future Supply Chain 06/12/201708/12/2017664
MRC Exim 06/12/201708/12/201715
Shalby 05/12/201707/12/2017248
Dynamic Cables 04/12/201706/12/201740
Ratnabhumi Developer04/12/201706/12/201763
Innovana Thinklabs 29/11/201704/12/201770
ICE Make Refrigerati28/11/201730/11/201757
Shradha Infraproject27/11/201730/11/201770
Felix Industries 23/11/201727/11/201735
Zodiac Energy 23/11/201727/11/201752
Silver Touch Technol20/11/201723/11/2017121
Ambition Mica 16/11/201721/11/201742
Sharika Enterprises 15/11/201717/11/201743
Pulz Electronics 14/11/201716/11/201754
Vertoz Advertising 14/11/201716/11/2017108
Sanghvi Brands 10/11/201714/11/201769
ANI Integrated Serv 08/11/201710/11/2017100
HDFC Standard Life 07/11/201709/11/2017290
Khadim India 02/11/201706/11/2017750
SecUR Credentials 01/11/201703/11/2017205
The New India Assur 01/11/201703/11/2017800
Mahindra Logistics L31/10/201702/11/2017429
Reliance NipLifeAML 25/10/201727/10/2017252
Sheetal Cool Product16/10/201718/10/201780
Kaarya Facilities 12/10/201717/10/201740
General Ins. Corp. 11/10/201713/10/2017912
D P Abhushan 09/10/201711/10/201728
Indian Energy Exchan09/10/201711/10/20171650
Mas Financial Servic06/10/201710/10/2017459
Godrej Agrovet L 04/10/201706/10/2017460
Milton Industries 29/09/201706/10/201734
Omfurn India Ltd. 29/09/201705/10/201723
Shree Ganesh Remedie28/09/201705/10/201736
Shreeji Translogisti29/09/201705/10/2017130
Siddharth Education 29/09/201705/10/201736
Beta Drugs 29/09/201704/10/201785
CMM Infraprojects 29/09/201704/10/201740
IRIS Business Servic29/09/201704/10/201732
Tirupati Forge 29/09/201704/10/201729
Jash Engineering 28/09/201703/10/2017120
Reliable Data Servic27/09/201703/10/201757
Goldstar Power 27/09/201729/09/201725
Mehai Technololgy 25/09/201728/09/201740
RKEC Projects 25/09/201728/09/201745
Airo Lam 25/09/201727/09/201738
Share India Securiti21/09/201727/09/201741
Vanta Bioscience 25/09/201727/09/201750
D P Wires 21/09/201726/09/201775
Innovative Tyres & T22/09/201726/09/201745
Poojawestern Metalik22/09/201726/09/201736
Prataap Snacks 22/09/201726/09/2017938
Shree Tirupati Balaj21/09/201726/09/201740
Trident Texofab 21/09/201726/09/201730
Aarvi Encon 21/09/201725/09/201754
Cadsys (India) Ltd. 21/09/201725/09/201770
RM Drip and Sprinkle19/09/201725/09/201757
AKM Lace and Embrote20/09/201722/09/201725
SBI Life Insurance 20/09/201722/09/2017700
Madhya Pradesh Today19/09/201721/09/201766
ICICI Lombard Gen. 15/09/201719/09/2017661
Worth Peripherals 15/09/201719/09/201743
Sagar Diamonds 14/09/201718/09/201745
Sri Krishna Metcom 14/09/201718/09/201755
Capacit'e Infraproje13/09/201715/09/2017250
Matrimony.com 11/09/201713/09/2017985
Bharat Road Network 06/09/201708/09/2017205
Dixon Technologies 06/09/201708/09/20171766
Manav Infra Projects04/09/201708/09/201730
Nouritrans Exim 04/09/201707/09/201730
A & M Febcon 01/09/201706/09/201718
Penta Gold L 04/09/201706/09/201735
Dhruv Wellness 31/08/201704/09/201720
ANG Lifesciences Ind29/08/201731/08/201780
Pashupati Cotspin 28/08/201731/08/201775
Shish Industries 23/08/201728/08/201730
Apex Frozen Foods 22/08/201724/08/2017175
Seven Hills Beverage18/08/201723/08/201726
Geekay Wires 09/08/201714/08/201733
Servotech Power Syst09/08/201714/08/201731
Ashok Masala Mart 07/08/201711/08/201710
Lexus Granito(India)09/08/201711/08/201745
Vaishali Pharma 07/08/201710/08/201772
Cochin Shipyard 01/08/201703/08/2017432
Security and Intelli31/07/201702/08/2017815
Surevin BPO Services28/07/201701/08/201740
GlobalSpace Techno 26/07/201728/07/201766
Keerti Knowledge 24/07/201728/07/201752
Total Transport Sys 25/07/201728/07/201745
Shanti Overseas (Ind21/07/201726/07/201750
Captain Technocast 20/07/201724/07/201740
Jigar Cables 18/07/201720/07/201730
Univastu India 14/07/201719/07/201740
Salasar Techno Engin12/07/201717/07/2017108
7NR Retail Ltd. 05/07/201710/07/201727
Shrenik L 06/07/201710/07/201740
G G Engineering 30/06/201707/07/201720
Ace Integrated Solut29/06/201705/07/201740
Bansal Multiflex 30/06/201704/07/201731
Transwind Infrastruc30/06/201704/07/201727
Gautam Exim 29/06/201703/07/201740
Au Small Finance Ban28/06/201730/06/2017358
Pushpanjali Realms 27/06/201730/06/201755
Accord Synergy 22/06/201728/06/201760
GTPL Hathway 21/06/201723/06/2017170
Central Depository 19/06/201721/06/2017149
Eris Lifesciences 16/06/201720/06/2017603
Tejas Networks 14/06/201716/06/2017257
Globe Textiles (Ind 12/06/201715/06/201751
Riddhi Corp. Service12/06/201715/06/2017130
Shri Ram Switchgears25/05/201730/05/201719
Vadivarhe Speciality22/05/201725/05/201742
Jalan Transolutions 18/05/201723/05/201746
Yug Decor 18/05/201723/05/201726
Bhakti Gems and Jewe17/05/201722/05/201720
PSP Projects 17/05/201719/05/2017210
HUDCO 08/05/201711/05/201760
Meera Industries 27/04/201704/05/201736
Zota Healthcare 27/04/201702/05/2017125
CKP Products 26/04/201728/04/201750
Pure Giftcarat 26/04/201728/04/201713
S Chand & Company 26/04/201728/04/2017670
InfoBeans Tech 18/04/201721/04/201758
KMS Medisurgi 12/04/201717/04/201730
Panache Digilife 11/04/201717/04/201781
ASL Industries 31/03/201707/04/201735
M K Proteins 31/03/201707/04/201770
Sikko Industries 05/04/201707/04/201732
Dev Information Tech31/03/201706/04/201742
Escorp Asset Manage 31/03/201706/04/201715
Focus Lighting 30/03/201705/04/201745
Creative Peripherals29/03/201703/04/201775
Bohra Industries 23/03/201727/03/201755
Euro India Fresh 21/03/201724/03/201778
Octaware Technologie17/03/201724/03/201790
Shankara Building Pr22/03/201724/03/2017460
Prime Customer Serv 20/03/201723/03/201760
CL Educate 20/03/201722/03/2017502
Laxmi Cotspin 17/03/201722/03/201720
Manas Properties 17/03/201722/03/2017360
Maximus Intl. 17/03/201722/03/201725
Oceanic Foods 20/03/201722/03/201765
Chemcrux Enterprises15/03/201720/03/201718
Manomay Tex India 15/03/201720/03/201730
Relstruct Buildcon 16/03/201720/03/201750
Jash Dealmark 15/03/201717/03/201740
Sarthak Metals 10/03/201717/03/201730
Airan Ltd. 14/03/201716/03/201745
Avenue Supermarts 08/03/201710/03/2017299
IFL Enterprises 07/03/201710/03/201720
Music Broadcast 06/03/201708/03/2017333
Akash Infra-Projects28/02/201706/03/2017125
RMC Switchgears 28/02/201703/03/201727
Sanginita Chemicals 01/03/201703/03/201722
Nitiraj Engineers 20/02/201701/03/2017100
Tanvi Foods (India) 17/02/201722/02/201760
Global Education 16/02/201721/02/2017150
Krishana Phoschem 13/02/201716/02/201730
Steel City Securitie06/02/201709/02/201755
Madhav Copper 23/01/201727/01/201781
BSE 23/01/201725/01/2017806
Super Fine Knitters 18/01/201724/01/201712
Company Open Date Closing Date Offer Price
Amber Enterprises India Ltd. 17/01/201819/01/2018859


IPO News


Newgen Software Technologies raised over Rs 127 crore from anchor investors ahead of its initial share-sale, which opens today, reported PTI.

The companys IPO committee has finalised allocation of 5,199,444 equity shares to nine anchor investors at Rs 245 apiece, also the upper price band for the offer, Newgen Software informed the stock exchanges.

At this price, the total amount works out to be Rs 127.38 crore, it added.

Among the anchor investors are Goldman Sachs, SBI Mutual Fund, HDFC Trustee Company, Aditya Birla Sun Life Trustee Pvt Ltd and Forefront Alternative Investment Trust.

Newgen Softwares initial public offer (IPO) will open for public subscription today and close on January 18.

The IPO comprises fresh issue of shares worth up to Rs 95 crore by the company and an offer for sale of 13,453,932 equity shares by the existing shareholders.

The price band has been fixed at Rs 240-245 per share. At the upper end, the public issue would fetch Rs 425 crore.

Proceeds from the fresh issue will be utilised towards purchase and furnishing of office premises near Noida-Greater Noida Expressway in Uttar Pradesh and for other general corporate purposes.

Newgen is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
The initial public offer (IPO) of Apollo Micro Systems, which caters primarily to the defence and aerospace sectors, was subscribed a staggering 248.51 times on the last day of bidding last Friday, reported PTI.

The IPO to raise Rs 156 crore received bids for 1,02,94,92,300 shares against the total issue size of 41,44,955 shares, data available with the NSE. Apollo Micro Systems on Tuesday raised nearly Rs 47 crore from anchor investors.

Price band for the offer has been fixed at Rs 270-275.

Proceeds of the IPO will be used to meet additional working capital and for other general corporate purposes.

Shares of the company will be listed on NSE and BSE.

Aryaman Financial Services Limited is the book running lead manager to the offer.
The initial public offer (IPO) of Apollo Micro Systems, which caters primarily to the defence and aerospace sectors, was subscribed 9 times on the second day of bidding, reported PTI.

The IPO, to raise Rs 156 crore, received bids for 3,72,44,150 shares against the total issue size of 41,44,955 shares, data available with the NSE showed.

The category set aside for qualified institutional buyers (QIBs) was subscribed 3.25 times, non institutional investors 1.58 times and retail investors 15.14 times.

Till yesterday the IPO was subscribed 2.14 times.

Apollo Micro Systems on Tuesday raised nearly Rs 47 crore from anchor investors.

Price band for the offer, which would close tomorrow, has been fixed at Rs 270-275.

Proceeds of the IPO, through which Apollo Micro Systems is estimated to raise Rs 156 crore, will be used to meet additional working capital and other general corporate purposes.

Shares of the company will be listed on NSE and BSE.

Aryaman Financial Services Limited is the book running lead manager to the offer.
Newgen Software Technologies will launch its initial public offer (IPO) on January 16 and has fixed a price band of Rs 240-245 per share, a company statement said as per the PTI report.

The IPO, to raise about Rs 424 crore, comprises fresh issue of up to Rs 950 million by the company and an offer for sale by the selling shareholders.

The offer for sale consists of up to 1,34,53,932 shares.

Newgen's IPO is scheduled to open on January 16 and would close on January 18, the statement said.

ICICI Securities and Jefferies India are the global co- ordinators and book running lead managers to the offer.

IDFC Bank is the book running lead manager to the offer.

The shares of Newgen Software Technologies are proposed to be listed on NSE and BSE.

The company, established in 1992, deals in business process management software for banks, business process outsourcing firms, government organisations and sells products across 60 countries.
Newgen Software Technologies is planning to raise around Rs 450 crore through initial public offer (IPO), which it expects to launch this month, reported PTI.

“We are financially doing very well and registering good growth year-on-year. The IPO is mainly to provide exit or monetisation opportunity to some of our existing investors who have been with us since very long time. Around Rs95-100 crore of the total fund will be used for setting up a new office in Noida,” Newgen Software MD Diwakar Nigam told PTI.

Newgen Software recorded consolidated revenues of Rs433.76 crore for 2016-17 and an operating profit of Rs52.36 crore. The company, established in 1992, deals in business process management software for banks, business process outsourcing firms, government organisations and sell products across 60 countries.

“We have applied for approvals before Registrar of Companies and are planning to raise Rs450 crore from the IPO. We will be diluting around 25-26% stake, which includes 21% stake of private equity investors and rest by employees. We have some employees who have been with us since very long time and they may like to monetise stake they hold. None of the promoters are diluting their stake in the IPO,” Nigam said, adding that he expects IPO to be launched this month.

Ascent Capital, IDG Ventures, Vistra ITCL and SAP Ventures are investors in Newgen Software. “The segment in which we operate is a $18 billion industry globally and expected to be $30 billion. We have started expanding our overseas footprint. In India and Middle East we are a dominant player. We are looking for global opportunity now and Gartner has recognised as one of the leading player, which has helped us in generating business lead in overseas market,” he added.

The company has overseas offices in the US, Canada, Singapore, United Kingdom and Dubai. Nigam said that the company has made significant investment in setting up sales team in the US where there is a big opportunity with presence of about 1,500 banks.

“We already have 7-8 banks in the US using our platform and we have pipeline of 140 banks there. In total, we manage mission critical operations of 459 large enterprises, mainly in financial and insurance segment. This includes organisations like ICICI, Life Insurance Corporation of India, Kotak Mahindra Bank, Bank of Baroda, United Arab Bank, Mercantile Bank etc,” he added.

He said that Newgen has registered compounded annual growth rate of 21% over last five years and expects similar growth in coming years. “We have seen lots of great software services companies from India. We are one of the unique software product company from India that has global footprint. Product companies take a lot of time to mature, but then they have a great future,” Nigam said.

The company has workforce of around 2,200 employees out of which 238 are part of its research and development team. “We have 32 patents registered for BPM software and now working on host of new technologies, including artificial intelligence, robotic process automation etc,” Nigam said.
Bandhan Bank Limited said it has filed the Draft Red Herring Prospectus with market regulator SEBI for an Initial Public Offer (IPO) next fiscal offering 11.9 crore equity shares, reported PTI,.

In a statement, the bank said it proposes to offer up to 119,280,494 equity shares of face value of Rs 10 each at a price to be determined through a book building process including premium.

The IPO will consist of a fresh issue of up to 97,663,910 equity shares and an Offer for Sale of up to 14,050,780 equity shares by International Finance Corporation (IFC) and up to 7,565,804 equity shares by IFC FIG Investment Company, the bank said.

The equity shares are proposed to be listed on the BSE and NSE.

The book running lead managers to the issue are Kotak Mahindra Capital Company Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, J M Financial Institutional Securities Limited and J P Morgan India Private Limited.
Hyderabad-based Silly Monks Entertainment's initial public offer (IPO), through which the firm plans to raise Rs 15.12 crore, would open for subscription on January 5, reported PTI.

Silly Monks Entertainment would be the first digital entertainment company to be listed on NSE's small and medium- sized enterprises (SME) platform Emerge.

The firm will raise Rs 15.12 crore through the public offer of 12.60 lakh equity shares of face value of Rs 10 each, the company said in a statement.

The lead manager of the issue, which will close on January 10, is Aryaman Financial Services and the registrar to the issue is Bigshare Services.
A total of Rs 1,61,116 crore was raised through various equity market routes in 2017, the highest ever mop-up in a calendar year, with IPOs and QIPs dominating the scene, says a report by PRIME Database as per the PTI.

"2017 witnessed raising of Rs 1.6 lakh crore through the public equity market, 3.6 times the amount raised in the preceding year," said Pranav Haldea, Managing Director, PRIME Database.

This is the highest ever amount raised in a calendar year, with the previous highest being Rs 97,746 crore in 2010.

"2018 looks even more promising. On the IPO front, already at the beginning of the year, there are 15 companies holding Sebi approval wanting to raise nearly Rs 12,000 crore and another 10 firms hoping to raise nearly Rs 19,000 crore awaiting approval," said Haldea.

2017 was also the best year ever for the initial public offer (IPO) market by far at Rs 68,826 crore, the previous highest being in 2010 when Rs 37,535 crore was raised, Haldea said.

As many as 36 main-board IPOs came to the market collectively raising Rs 67,147 crore, with the largest by General Insurance Corp worth Rs 11,257 crore.

The overall response from public to the mainboard IPOs of the year was also very good, the report said.

While 17 IPOs received a mega response of more than 10 times, the rest 13 offers were oversubscribed between 1 and 3 times.

As far as retail investors are concerned, the year witnessed a very good response from them as well. The highest number of applications was received by Cochin Shipyard at 19.42 lakh followed by HUDCO (18.74 lakh).

Response to the IPOs was further buoyed by strong listing performance, Haldea added. Of the 36 IPOs which got listed, 18 gave a return of over 10 per cent, the report noted.

Last year also witnessed significant activity in the SME platform. There were as many as 133 SME IPOs, the highest ever, which collected a total of Rs 1,679 crore.

According to PRIME, offers for sale through stock exchanges, which is for dilution of promoters holding, saw an increase from Rs 13,066 crore raised in 2016 to Rs 19,208 crore raised last year.

The largest OFS was that of NTPC in August (Rs 9,192 crore) followed by BEL in February (Rs 1,687 crore). OFS accounted for 12 per cent of the total Rs 1,61,116 crore market amount, it said.

Already-listed companies found the QIP route very attractive, with 44 companies mobilising Rs 61,118 crore, the highest ever. The largest QIP of 2017 was from SBI raising Rs 15,000 crore, accounting for 25 per cent of the total QIP amount. Only two companies used the IPP route, mobilising Rs 4,668 crore.

Of the total, the amount raised through fresh capital was Rs 86,176 crore (53 per cent), the remaining Rs 74,940 crore being offer for sale.

The report further said 2017 was the best year ever with Rs 73,282 crore raised by the government.

Public offers (IPOs of HUDCO, Cochin Shipyard, GIC, New India Assurance and OFS of MOIL, BEL, NALCO, RCFL, NFL, HCL, NTPC, NLC) constituted a lions share of divestment proceeds at Rs 33,418 crore.

This was followed by ETFs at Rs 23,000 crore, block deals (SUUTI sales of L&T and ITC) at Rs 10,844 crore, buybacks (NHPC, NLC, OIL, EIL, Bharat Dynamics) at Rs 5,627 crore and sale of shares to employees at Rs 394 crore, it said.
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