News for Khandwala Securities Limited (KHANDSE.NS)

Newmalayalam Steel's SME IPO, aiming to raise Rs 42 crore, offers shares at Rs 85-90 each, with a lot size of 1,600 shares. The company's shares are trading at a 28% premium in the unlisted market. Specializing in galvanized pipes, tubes, and sheets, Newmalayalam Steel has built a strong presence in Kerala. India's steel industry has seen steady growth, driven by raw material availability and labor costs.

Newmalayalam Steel's SME IPO has achieved 88% subscription so far, aiming to raise Rs 42 crore. The IPO offers shares at Rs 85-90 and closes on December 23.

Pipes and tubes manufacturer Newmalayalam Steel Ltd. is set to open the subscription window for its initial public offering on Dec. 19. The Newmalayalam Steel IPO is a fresh issue of 46.40 lakh shares amounting to Rs 41.76 crore, with no offer for sale component. The offering will be available for subscription between Dec. 19 and Dec. 23. Share allotment for the issue will be done on Dec. 24.

Newmalayalam Steel's ₹42 crore SME IPO opens today, closing December 23rd. The company, known for its 'Demac Steel' brand in Kerala, manufactures galvanized pipes and sheets. The IPO proceeds will fund technological upgrades, expansion, and working capital needs. Shares are priced at ₹85-90 with listing planned on NSE SME platform.

Supreme Facility Management's SME IPO was fully subscribed on Thursday. The IPO received strong demand from retail investors, with a 5.23x subscription. The company aims to raise Rs 50 crore through the issue and is trading at a 31.58% grey market premium.

The IPO of Supreme Facility Management Ltd., an integrated facility management services provider, opened for subscription on Wednesday and was subscribed 1.77 times. The NSE SME issue consists entirely of a fresh issuance of 65.79 lakh shares worth Rs 50 crore.

The initial public offering (IPO) of Supreme Facility Management Ltd., an integrated facility management services provider, is set to open for subscription on Wednesday. The NSE SME issue consists entirely of a fresh issuance of 65.79 lakh shares worth Rs 50 crore. Investors looking to bid for shares in the Supreme Facility Management IPO may check these details before deciding:

The initial public offering (IPO) of Premium Plast Ltd. will open for subscription on Oct. 21. The NSE SME IPO, aimed at raising Rs 26.3 crore, is an entirely fresh issue of 53.46 lakh shares. Investors who want to subscribe to the Premium Plast IPO should check these important details about the public offer before bidding.

Premium Plast IPO: Retail investors can apply for a single lot or 3,000 shares only, amounting to Rs 1.47 lakh at the upper end of the price band.

The SME issue of BikeWo GreenTech was subscribed 1.28 times on Day 1 and 9.69 times on Day 2.

The initial public offering (IPO) of Phoenix Overseas Limited opened for bidding on September 20 and will close on September 23. The book-build issue of Rs 36.03 crore is a mix of fresh issuance and offer for sale portion. The SME issue of Phoenix Overseas Limited was subscribed 1.09 times on Day 1 and 17.79 times on Day 2.

The initial share sale of BikeWo GreenTech Ltd. will open for subscription on September 20. The BikeWo GreenTech IPO is an entirely fresh issue of 38.86 lakh shares totalling Rs 24.08 crore.

Phoenix Overseas will launch its SME IPO today, aiming to raise Rs 36 crore. The IPO includes fresh equity shares and an offer for sale, with a price band of Rs 61-64 per share. The company is involved in trading and exporting agricultural products and manufacturing fashion accessories. The subscription period runs from September 20 to September 24.

Khandwala Securities Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported revenue was INR 87.01 million compared to INR 64.86 million a...

Khandwala Securities Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported revenue was INR 28.76 million compared to INR 2.09...

Indian equity markets came off day's highs after turning positive as the Reserve Bank of India (RBI) retained the FY23 GDP growth forecast at 7.2 per cent. Sectorally, Banks, Financials, Metals, PSBs and Realty indices held strong gains on the Nifty. While, Auto, Pharma, FMCG and Consumer Durables were subdued.

Indian benchmark indices extended losses on Tuesday, tracking subdued sentiment overseas. The BSE Sensex fell 700 points, while the NSE Nifty 50 slipped below 16,400. Sectorally, consumer durables, financials, auto, realty, and banks led losses on the Nifty, down up to 2 per cent.

Benchmark indices held minor cuts in Monday's session, tracking weakness in global markets as investors feared steeper rate hikes by the US Fed. Besides, the RBI, too, is scheduled to announce its rate hike decision on Wednesday.

Specialty company Aether Industries listed at Rs 706, a 10 per cent premium over its issue price of Rs 642, on the BSE. A total of 53 stocks hit 52-week high on BSE, while 28 scrips touched new lows intraday.