ipos

Moving ahead Zepto will have to file an updated draft red herring prospectus (DRHP) in the coming six to eight weeks.

On Friday, benchmarks ended lower, tracking negative global cues. The Nifty 50 closed 0.62% lower at 24,176.15, down 150.50 points, while the Sensex ended 0.66% lower at 77,328.19, down 516.33 points.

On NSE, it listed at Rs 190 per share against its IPO price of Rs 171, a premium of Rs 19. On BSE, it listed at Rs 191 per share.

The equity shares of InCred Holdings are proposed to be listed on the National Stock Exchange of India Ltd and BSE Ltd.

M&M, Bajaj Auto, NTPC, HDFC Life and L&T supported the Nifty 50, while Hindustan Unilever, TCS, ITC, Titan and Bajaj Finserv weighed on the index.

With focus now on listing, successful bidders are closely tracking the grey market premium (GMP) trends of OnEMI Technology (Kissht) issue to gauge broader sentiment and potential gains. 

The company's shares will be listed on NSE Emerge, SME Platform of National Stock Exchange.

A family trust (or trust-owned holding company) acts as the promoter shareholder, while the trust deed governs dividend sharing and cash flows.

Nifty PSU Bank rose about 2.61%, leading sectoral gains, followed by Nifty Pharma and Nifty Realty. Meanwhile, HPCL rose 6.91%, BPCL gained 5.21%, and IOC advanced 4.26% during the session on reports of US nearing to end war with Iran.

The latest grey market premium trends for OnEMI Technology Solutions suggest a strong listing for the stock ahead of its debut this week.

Ahead of its listing this week, the unlisted shares of the company were trading at a premium of around 8% in the grey market, indicating a strong listing for shares of OnEMI Technology Solutions.

The Nifty 50 closed 0.36% lower at 24,032.80, while the Sensex fell 0.33% to 77,017.79.

Here is the day 2 subscription status, the latest GMP, IPO details, and everything you need to know about the Value 360 Communications IPO.

Hindustan Laboratories and RK Steel Manufacturing Company which filed their preliminary IPO papers in January and September respectively, obtained SEBI's observations on April 27.

The price band has been fixed at Rs 95-Rs 98 per share.

The Rs 926-crore IPO comprises a fresh issue of Rs 850 crore and an offer-for-sale component worth Rs 76 crore.

Shares of OnEMI Technology are scheduled to be listed on the BSE and NSE on May 8.

The company is working with Citigroup Inc. on the IPO, and three or four more banks could be appointed for the listing.

Proceeds will be used to acquire Luxor at Bagmane Capital Tech Park (spanning one million sq ft) as well as part-fund the acquisition of a 93 per cent stake in Bagmane Rio, which owns the 1.1 million sq ft Bagmane Rio Business Park.

The grey market premium (GMP) for Kissht parent OnEMI Technology IPO suggests a possible 4% listing gain ahead of its April 30 launch, reflecting moderate demand in the unofficial market, though actual listing performance may vary.