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News18
a day ago
- Business
- News18
IPOs Next Week: 12 Companies To Raise Rs 15,800 Crore Via Public Offers, Check Details
Last Updated: The primary market will be busy starting June 23, with 12 IPOs worth Rs 15,800 crore, including HDB Financial Services, Kalpataru Projects, and Ellenbarrie Industrial Gases. After a five-six month hiatus, the primary market is gearing up for an exceptionally active week starting June 23, with 12 IPOs worth Rs 15,800 crore lined up, including five from the mainboard segment. The upbeat mood in equity markets — despite short-term global concerns — continues to fuel investor confidence. 'Market sentiment remains broadly constructive, driven by improving macroeconomic indicators, favourable liquidity conditions, and increasing participation from both institutional and retail investors," Bajaj Broking Research said in its note. IPOs to Launch Next Week HDB Financial Services IPO (Mainboard) A subsidiary of HDFC Bank, HDB Financial is launching the largest IPO of 2025 at Rs 12,500 crore. The issue will be open from June 25 to June 27, with a price band of Rs 700-740 per share. Its GMP currently stands at 12.30%. Kalpataru Projects International IPO (Mainboard) Mumbai-based real estate player Kalpataru Projects is launching a Rs 1,590-crore IPO from June 24 to June 26. The price band has been fixed at Rs 387-414 per share. Its GMP currently stands at 2.66%. Sambhv Steel Tubes, a maker of ERW steel pipes and tubes, will open its IPO on June 25. The price band is set at Rs 77-82 per share. Its GMP currently stands at 13.41%. Ellenbarrie, which provides industrial and medical gases, is set to raise Rs 852.53 crore. The IPO opens on June 24 and closes on June 26, with a price band of Rs 380-400 per share. The GMP currently stands at zero. Globe Civil Projects IPO (Mainboard) This New Delhi-based EPC company will launch a Rs 119-crore IPO between June 24 and June 26. The price band is Rs 67-71 per share. Its GMP currently stands at 18.31%. AJC Jewel Manufacturers IPO (SME) The IPO of this jewelry manufacturer is worth Rs 14.59 crore and will run from June 23 to June 26, with a price band of Rs 90-95 per share. Its GMP currently stands at 9.47%. Shri Hare-Krishna Sponge Iron IPO (SME) Scheduled to open on June 24 and close on June 26, this IPO is one of three SME listings on the same day. Its IPO currently stands at zero. Icon Facilitators IPO (SME) Also launching on June 24 with the same closing date, June 26, Icon Facilitators is part of the three-SME batch aiming to raise Rs 61.35 crore collectively. Its GMP currently stands at 4.40%. Abram Food IPO (SME) The third SME IPO opening on June 24 alongside Shri Hare-Krishna and Icon Facilitators, part of the collective Rs 61.35-crore raise. Its GMP currently stands at zero. Suntech Infra Solutions IPO (SME) This Rs 42.16-crore IPO will open on June 25 for three days. The price band has been fixed in the range of Rs 81 to Rs 86 per share. Its GMP currently stands at 24.42%. Ace Alpha Tech IPO (SME) The tech company's Rs 47.15-crore IPO is scheduled to open on June 26. Its price band has been fixed in the range of Rs 101 to Rs 107 per share. The GMP currently stands at zero. PRO FX Tech IPO (SME) PRO FX Tech, which plans to raise Rs 38.21 crore via public issue, is opening its three-day IPO on June 26. Its price band has been fixed at Rs 82 to Rs 87 per share. According to market observers, its GMP currently stands at zero. Ongoing SME IPOs (Till June 24) The following SME IPOs will remain open until June 24, having started on June 20: Arisinfra Solutions IPO (Mainboard) After being subscribed 2.65 times, Arisinfra will make its stock market debut on the mainboard on June 23. Its GMP currently stands at zero, indicating flat or negative listing gains. Samay Project Services IPO (SME) It is scheduled to list on the NSE Emerge on June 23. Its GMP currently also stands at zero, indicating flat or negative listing gains. Patil Automation IPO (SME) It will make its stock market debut on June 23 on the NSE Emerge. Its GMP currently stands at 16.67%, indicating decent listing gains. Eppeltone Engineers IPO (SME) The electronic meters maker will be listed on June 24. Its current GMP stands at 54.69%, signalling strong listing gains. Influx Healthtech IPO (SME) It is set to list on June 25. Its latest GMP stands at 22.92%, indicating decent listing gains. Mayasheel Ventures IPO (SME) Its shares will begin trading on the exchanges on June 27. It GMP stands at 10.64%. Safe Enterprises Retail Fixtures IPO (SME) Safe Enterprises Retail Fixtures Ltd will also make its debut on June 27. Its GMP stands at 17.39%. Aakaar Medical Technologies IPO (SME) top videos View all Completing the week's SME listings, Aakaar will list on June 27. Its GMP currently stands at zero. It is important to note that the GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : initial public offering (IPO) IPO Location : New Delhi, India, India First Published: June 21, 2025, 10:39 IST News business » ipo IPOs Next Week: 12 Companies To Raise Rs 15,800 Crore Via Public Offers, Check Details
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Business Standard
09-06-2025
- Business
- Business Standard
Kalpataru Projects shares jump 7% on securing ₹3,789 crore worth new orders
Shares of Kalpataru Projects International Ltd. soared over 7 per cent in intraday trade on Monday, after the company and its subsidiaries landed fresh orders worth ₹3,789 crore. The company's stock rose as much as 7.32 per cent during the day to ₹1,234 per share, the biggest intraday gain since May 12 this year. The stock pared gains to trade 4 per cent higher at ₹1,195.3 apiece, compared to a 0.47 per cent advance in Nifty 50 as of 11:36 AM. Shares of the company have risen nearly 12 per cent from their recent lows of ₹1,074, which it hit last month. The counter has risen 7.3 per cent this year, compared to a 6.25 per cent advance in the benchmark Nifty 50. Kalpataru Projects has a total market capitalisation of ₹20,548.21 crore. Track LIVE Stock Market Updates Here Kalpataru Projects lands ₹3,789 crore fresh orders Kalpataru Projects, along with its international subsidiaries, has secured new orders worth approximately ₹3,789 crore, according to an exchange filing on Monday. The orders include major contracts in the Buildings and Factories (B&F) segment in India, featuring the company's largest-ever B&F order for the development of over 12 million square feet of residential buildings and associated facilities on a design-build basis. Additionally, KPIL has won power transmission and distribution (T&D) orders in overseas markets. "We feel privileged to announce the receipt of the orders, especially the largest ever B&F order received by us on design and build basis, which is a testament to our strong EPC capabilities in the B&F business," Manish Mohnot, managing director and chief executive officer. "This prestigious achievement also has been on several counts – intensive efforts that we have been putting in past several years on improving our ability to win large-sized projects, and improving competitiveness in the focused markets on the back of capex and execution capabilities. We look forward to many such opportunities in future.' About Kalpataru Projects Kalpataru Projects is a leading Engineering, Procurement, and Construction (EPC) company, specialising in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (including Flyovers & Metro Rail), Highways, and Airports. With ongoing projects in over 30 countries and a presence in 75 countries worldwide, KPIL has established a strong global footprint.
Business Standard
15-05-2025
- Business
- Business Standard
Kalpataru Projects shares jump 5% on order wins worth ₹2,372 crore
Shares of Kalpataru Projects International rose nearly 5 per cent on Thursday after the company, along with its international subsidiaries, bagged two orders worth ₹2,372 crore. Kalpataru Projects stock rose as much as 4.96 per cent during the day to ₹1,069 per share. The stock pared gains to trade 3.3 per cent higher at ₹1,053 apiece, compared to a 0.09 per cent decline in Nifty50 as of 12:06 PM. Shares of the company extended gains to a fourth day while they have fallen 19 per cent this year, compared to a 3.6 per cent rise in the benchmark Nifty 50. Kalpataru Projects has a total market capitalisation of ₹17,982.3 crore. Catch Stock Market LIVE Updates Today Kalpataru Projects order wins The engineering and construction company, along with its international subsidiaries landed new orders worth ₹2,372 crore. The firm bagged orders in the power transmission and distribution business in India and overseas markets, and the domestic buildings and factories business, according to an exchange filing. 'We have started FY2026 maintaining positive momentum, with noteworthy order wins in our T&D and B&F business. The orders wins in the T&D business helps us to improve our market position in the fast-growing EPC markets of India, Nordics and the Middle East," Manish Mohnot, managing director and chief executive officer, said in the statement. "We remain highly optimistic on the growth prospects of the power transmission and civil business on the back of robust business visibility and established execution capabilities.' About Kalpataru Projects Kalpataru Projects is a leading Engineering, Procurement, and Construction (EPC) company, specialising in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (including Flyovers & Metro Rail), Highways, and Airports. With ongoing projects in over 30 countries and a presence in 75 countries worldwide, KPIL has established a strong global footprint. In the third quarter earnings, Kalpataru Projects posted a marginal 0.58 per cent rise in consolidated net profit due to a higher increase in revenue for the quarter ended December 31, 2024. The construction company's net profit was recorded at ₹141.96 crore for Q3FY25. Revenue from operations rose 17.1 per cent to ₹5,732.48 crore for Q3FY25, compared with ₹4,895.82 crore in the corresponding period last year. Expenses increased at a slower pace, rising 3.4 per cent to ₹5,540.74 crore for Q3FY25, compared with ₹4,717.38 crore in the previous year. ALSO READ:
Reuters
07-03-2025
- Business
- Reuters
Indian benchmarks set for muted start after 2 days of gains
March 7 (Reuters) - Indian benchmarks may open little changed on Friday after two sessions of gains, but the sentiment will likely be downbeat, tracking other Asian stocks, ahead of the U.S. labour market data. The GIFT Nifty futures were trading at 22,549.50 as of 07:43 a.m. IST, indicating that the blue-chip Nifty 50 (.NSEI), opens new tab will likely open near Thursday's close of 22,544.70. The Nifty 50 and BSE Sensex (.BSESN), opens new tab rose about 2% each in the last two sessions on hopes of some relaxation in U.S. tariffs on Canada and Mexico, a drop in oil prices and bargain hunting after the recent fall. After Indian market hours on Thursday, U.S. President Donald Trump suspended the 25% tariffs on most goods from Mexico and Canada, marking another twist in a fluctuating trade policy that has whipsawed the global financial markets. Uncertainty will prevail until clarity emerges on reciprocal tariffs, which will directly impact India, analysts said. Despite the last two sessions' gains, foreign investors have remained sellers, taking the total year-to-date sell-off in Indian equities to $15.6 billion. Investors will be particularly cautious as they await key U.S. jobs data and Federal Reserve Chair Jerome Powell's speech, both scheduled for after-market hours. Most Asian markets fell in early trades, with the MSCI Asia ex Japan (.MIAPJ0000PUS), opens new tab losing 0.8%. Overnight, Wall Street equities slipped, with Nasdaq Composite index (.IXIC), opens new tab confirming a correction. A global bond market sell-off continued, a day after the 10-year German Bund yield saw its biggest rise since the 1990s after Germany's spending pledge. STOCKS TO WATCH ** Kalpataru Projects ( opens new tab gets orders worth 23.06 billion rupees ($265 million) ** Bharat Electronics ( opens new tab wins orders worth 5.77 billion rupees ** India's consumer products distributors file anti-trust case against big fast-delivery businesses Zomato ( opens new tab, Swiggy ( opens new tab and Zepto over discounts ** Brigade Enterprises ( opens new tab launches premium residential project in Chennai with a revenue potential of 17 billion rupees ($1 = 87.0110 Indian rupees)
