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Mint
12 hours ago
- Business
- Mint
Oswal Pumps IPO listing date today. GMP, experts signal debut of shares at decent premium in stock market today
Oswal Pumps IPO Listing: Oswal Pumps shares are set to make their debut in the Indian stock market today, June 20. The initial public offering (IPO) of the pumps manufacturer, Oswal Pumps Ltd, ended for bidding on June 17. Oswal Pumps IPO listing date is today, 20 June 2025. The offer was open from June 13 to June 17, and the Oswal Pumps IPO allotment date was June 18. The equity shares will be listed today, June 20, on BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Friday, June 20, 2025, the equity shares of Oswal Pumps Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said. Oswal Pumps shares will be a part of Special Pre-open Session (SPOS) on Friday, June 20, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of the Oswal Pumps IPO listing today, investors wait for the trends in the grey market premium (GMP) to estimate the listing price. Oswal Pumps IPO GMP today and analysts signal decent listing gains for investors. Oswal Pumps shares are showing an upbeat trend in the unlisted market with a positive grey market premium (GMP) today. Oswal Pumps IPO GMP today is ₹ 41 per share. This signals that in the grey market, Oswal Pumps shares are trading higher by ₹ 41 than their issue price. Oswal Pumps IPO GMP today indicates that the estimated listing price of Oswal Pumps shares would be ₹ 655 apiece, which is at a premium of nearly 7% to the IPO price of ₹ 614 per share. Analysts also expect Oswal Pumps IPO listing price to be at a premium of around 8% - 12%. 'Despite prevailing stock market volatility, the Oswal Pumps IPO received a robust response from investors. We believe this overwhelming demand was driven by attractive valuation levels, offering reasonable long term upside potential along with a well-diversified product portfolio across agriculture, industrial, and domestic water solutions. We also see the company's strategic positioning to benefit from ongoing government infrastructure and rural development initiatives, especially those focused on water management and irrigation,' said Prashanth Tapse, Research Analyst at Mehta Equities Ltd. Given the strong subscription demand and ongoing market sentiment, Tapse anticipates a decent listing gain in the range of 10% – 15% for Oswal Pumps share debut. Mahesh M. Ojha, AVP Research and Business Development at Hensex Securities Pvt Ltd said that the Oswal Pumps IPO garnered strong investor interest across segments, which was a clear indicator of positive market sentiment, bolstered by a solid anchor book and credible domestic and global institutional participation. 'The listing is expected to be between 8% - 12% premium over the upper band of ₹ 614. Given the company's leadership in the solar pump segment, its alignment with government-backed schemes like PM-KUSUM, and strong execution history, the listing premium appears justified,' Ojha said. The public issue opened for subscription on Friday, June 13, and closed on Tuesday, June 17. Oswal Pumps IPO allotment status was fixed on June 18, and the Oswal Pumps IPO listing date is today, June 20. Oswal Pumps shares will be listed on both the stock exchanges - BSE and NSE. Oswal Pumps IPO size was ₹ 1,387.34 crore which comprised a combination of fresh issue of 1.45 crore equity shares worth ₹ 890 crore, and an offer-for-sale (OFS) of 81 lakh equity shares amounting to ₹ 497.34 crore. Oswal Pumps IPO price band was ₹ 584 to ₹ 614 per share. The issue was subscribed 34.42 times, as it received total bids for 55.80 crore equity shares as against 1.62 crore shares on the offer, according to data on NSE. The retail portion was subscribed 3.60 times, and the Non Institutional Investors (NII) category was booked 36.70 times. The Qualified Institutional Buyers (QIBs) segment received 88.08 times bids. IIFL Capital Services, Axis Capital, CLSA India, JM Financial, Nuvama Wealth Management are the book running lead managers of the Oswal Pumps IPO, while MUFG Intime India is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
02-06-2025
- Business
- Mint
Leela Hotels Share Price Live: GMP, experts hint quite share debut on the stock market today
Leela Hotels Share Price Live: The shares of Schloss Bangalore Ltd, which operates the luxury hotel brand 'The Leela' in India, are set to officially launch on the Indian stock market today following their recent initial public offering (IPO). Leela Hotels IPO listing is today, June 2, 2025. The Leela Hotels IPO opened on May 26 and closed on May 28. The allotment for the IPO was determined on May 29, and the shares are set to be listed today, June 2, 2025, which is a Monday. Shares of Leela Hotels will be available for trade on both the BSE and NSE stock exchanges. Members of the Exchange have been informed that starting Monday, June 2, 2025, the equity shares of Schloss Bangalore Limited will be listed and permitted for transaction on the Exchange under the 'B' Group of Securities, according to a notice from BSE. Leela Hotels shares will participate in the Special Pre-open Session (SPOS) on Monday, June 2, 2025, it was mentioned, and trading for these shares will commence at 10:00 AM. Leela Palaces IPO saw a subscription rate of 4.50 times by the end of the bidding period on Wednesday. The price range for Leela Palaces IPO has been set between ₹ 413 and ₹ 435 per share. Schloss Bangalore, renowned for its opulent hotels and resorts branded as "The Leela," had a total of 3,382 rooms across 12 functioning hotels as of May 31, 2024. Its collection consists of The Leela Palaces, The Leela Hotels, and The Leela Resorts, situated in 10 different locations across the country. Leela Hotels IPO GMP today is +2. This indicates Leela Hotels share price was trading at a premium of ₹ 2 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Leela Hotels share price is indicated at ₹ 437 apiece, which is 0.46% higher than the IPO price of ₹ 435. According to the grey market activities over the last 17 sessions, the current GMP ( ₹ 2) indicates a trend towards the downside. The minimum GMP recorded is ₹ 0.00, while the maximum GMP is ₹ 20.00, as noted by experts at 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
02-06-2025
- Business
- Mint
Leela Hotels IPO listing date today. GMP, analysts signal a muted share debut in Indian stock market
Leela Hotels IPO Listing: The equity shares of Schloss Bangalore Ltd, the operator of the luxury hotels brand 'The Leela' in India, are set to make their debut in the Indian stock market today after the recently concluded initial public offering (IPO). Leela Hotels IPO listing date is today, 2 June 2025. Leela Hotels IPO was launched on May 26 and concluded on May 28. The IPO allotment was fixed on 29 May, and the Leela Hotels IPO listing date is today, 2 June 2025, Monday. Leela Hotels shares will be listed on both the stock exchanges - BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Monday, June 2, 2025, the equity shares of Schloss Bangalore Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on BSE said. Leela Hotels shares will be a part of Special Pre-open Session (SPOS) on Monday, June 2, 2025, it added, and the shares will be available for trading from 10:00 AM. Ahead of the Leela Hotels IPO listing today, investors watch out for the trends in grey market premium (GMP) to gauge the estimated listing price. Leela Hotels IPO GMP today and analysts signal a flat listing for the shares. Leela Hotels shares were showing a muted trend in the unlisted market ahead of listing. Leela Hotels IPO GMP today is ₹ 2 per share, according to stock market experts. This signals that in the grey market, Leela Hotels shares are trading higher by ₹ 2 than their issue price. Considering the Leela Hotels IPO GMP today, the estimated listing price of Leela Hotels shares would be ₹ 437 apiece, which is at a 0.5% premium to the IPO price of ₹ 435 per share. Analysts also expect Leela Hotels share price to see a muted listing in the Indian stock market today. Leela Hotels shares listing is being done on BSE and NSE. 'Given the decent subscription levels amid muted market sentiment, we anticipate a flat listing for Schloss Bangalore Ltd (Leela Hotels). However, we view the company as a compelling long-term play, aligned with the structural growth in India's luxury hospitality and tourism sector,' said Prashanth Tapse, Sr VP Research – Research Analyst at Mehta Equities Ltd. Mahesh Ojha, AVP - Research and Business Development, Hensex Securities Pvt Ltd, noted that the weak demand and flat activity suggest that any listing gains are likely to be limited. 'Although the company has demonstrated strong revenue growth and healthy profit margins, the elevated pricing leaves little scope for immediate upside. After the listing, investors should approach cautiously those interested in long-term investment and confident in the luxury hotel sector's potential can consider holding, but short-term investors should moderate their expectations. It's advisable not to chase listing gains and instead focus on the company's fundamentals before making further decisions,' Ojha said. The bidding for Leela Hotels IPO commenced on May 26 and concluded on May 28. The IPO allotment date was 29 May, and Leela Hotels IPO listing date is today, 2 June 2025. Leela Hotels shares will be listed on BSE and NSE. Leela Hotels IPO price band was set at ₹ 413 to ₹ ₹ 435 per share. The company raised ₹ 3,500 crore from the public issue which was a combination of fresh issue of 5.75 crore equity shares worth ₹ 2,500 crore and an offer-for-sale (OFS) component of 2.30 crore shares aggregating to ₹ 1,000 crore. The public issue was subscribed 4.50 times in total, NSE data showed. The public issue was subscribed 0.83 times in the retail category, 7.46 times in the Qualified Institutional Buyers (QIB) category, and 1.02 times in the Non Institutional Investors (NII) segment. JM Financial, Bofa Securities India, Morgan Stanley India Company, JP Morgan India, Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, IIFL Securities, Motilal Oswal Investment Advisors, SBI Capital Markets are the book running lead managers of the Leela Hotels IPO, while Kfin Technologies is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
27-05-2025
- Business
- Mint
Borana Weaves Share Price Live: GMP, experts hint strong share debut on the stock exchanges today
Borana Weaves Share Price Live: Borana Weaves shares are scheduled to be listed on Indian stock exchanges today after the firm's initial public offering (IPO) closed on May 22. Borana Weaves IPO was open for subscription from May 20 . The Borana Weaves IPO listing date is set for today, May 27. Borana Weaves shares will be available on both the BSE and NSE stock exchanges. Trading Members of the Exchange have been informed that starting Tuesday, May 27, 2025, the equity shares of BORANA WEAVES LTD will be listed and permitted for trading on the Exchange under the 'T' Group of Securities, as per a notice from BSE. For a period of 10 trading days, Borana Weaves shares will be part of the Trade-for-Trade segment. Additionally, the shares will be included in the Special Pre-open Session (SPOS) on Tuesday, May 27, 2025, as mentioned in the notice. Borana Weaves shares will be accessible for trading starting at 10:00 AM on both BSE and NSE. Borana Weaves Limited is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat. The company's unbleached synthetic grey fabric is often used as a base for further processing, including dyeing and printing, across various industries such as fashion, traditional textiles, technical textiles, home decor, and interior design. According to Mahesh AVP Research and Business Development, Hensex securities Pvt Ltd, Borana Weaves has indeed seen a strong response from all categories of investors particularly the NIIs and retail segment. Given the strong subscription numbers and a current grey market premium of ₹ 35, we're looking at a potential listing around ₹ 251, which is about a 16% gain over the issue price of ₹ 216. Let's check what does Borana Weaves IPO GMP today signal ahead of listing. Borana Weaves IPO grey market premium is +43. This indicates Borana Weaves share price were trading at a premium of ₹ 43 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Borana Weaves share price was indicated at ₹ 259 apiece, which is 19.91% higher than the IPO price of ₹ 216. According to the grey market activities from the past 15 sessions, the current IPO GMP is on the rise, anticipating a robust listing. The minimum GMP recorded is ₹ 0.00, while the maximum GMP reaches ₹ 63, as per the insights from experts. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
27-05-2025
- Business
- Mint
Borana Weaves IPO listing date today. Latest GMP, analysts signal positive share debut on BSE, NSE
Borana Weaves IPO Listing: Borana Weaves shares are set to get listed on the Indian stock exchanges today after the conclusion of the company's ₹ 144.89-crore worth initial public offering (IPO). Borana Weaves IPO listing date is today, May 27. Borana Weaves shares will be listed on both the stock exchanges, BSE and NSE. Borana Weaves IPO was open from May 20 to May 22. 'Trading Members of the Exchange are hereby informed that effective from Tuesday, May 27, 2025, the equity shares of BORANA WEAVES LIMITED shall be listed and admitted to dealings on the Exchange in the list of 'T' Group of Securities,' a notice on BSE said. Borana Weaves shares will be in the Trade-for-Trade segment for 10 trading days. The stock will be a part of Special Pre-open Session (SPOS) on Tuesday, May 27, 2025, the notice added. Borana Weaves shares will be available for trading from 10:00 AM on BSE and NSE. Ahead of the Borana Weaves IPO listing today, investors watch out for the trend in the grey market premium (GMP) to gauge the listing price. Borana Weaves IPO GMP today and analysts signal a positive listing of Borana Weaves shares today. Here's a look at what Borana Weaves IPO GMP today ahead of listing indicates: Borana Weaves shares are witnessing a bullish momentum in the unlisted market with a strong GMP ahead of listing today. According to stock market observers, Borana Weaves IPO GMP today ranges between ₹ 35 to ₹ 43 per share. This means that in the grey market, Borana Weaves shares are trading higher by ₹ 43 than their issue price. Considering Borana Weaves IPO GMP today, the estimated Borana Weaves IPO listing price would be ₹ 259 per share, which is at a premium of 20% to the issue price of ₹ 216 per share. Analysts also expect Borana Weaves IPO listing to be at a decent premium. 'Borana Weaves has indeed seen a strong response from all categories of investors, particularly the NIIs and retail segment. Given the strong subscription numbers and a current grey market premium of ₹ 35, we're looking at a potential listing around ₹ 251, which is about a 16% gain over the issue price of ₹ 216,' said Mahesh M. Ojha. AVP Research and Business Development at Hensex securities Pvt Ltd. Borana Weaves boasts the highest EBITDA margin (21%) and industry-leading return ratios ROE of 65.69% and ROCE of 36.29% in FY24 far ahead of its peers. Avinash Gorakshakar, Head of Research at Profitmart Securities expects Borana Weaves shares to open strongly as the company is a well established player in the yarn market and caters to a large well-established customers who patronise its quality. Vinit Bolinjkar, Head of Research, Ventura Securities said that the Borana Weaves share price is richly valued, noting that the company raised money at 10X EV /EBIDTA on assumed FY25 earnings. The initial public offering (IPO) of Gujarat-based unbleached synthetic grey fabric manufacturer Borana Weaves commenced for public subscription on Tuesday, May 20, and concluded on Thursday, May 22. The IPO allotment was fixed on May 23, and Borana Weaves IPO listing date is today, May 27. The company raised ₹ 144.89 crore from the IPO at a fixed price band of ₹ 216 per share. Borana Weaves IPO was entirely a fresh issue of 67.08 lakh equity shares. The public issue was subscribed by a staggering 148.78 times in total. The IPO was booked 200.53 times in the retail category, 87.21 times in the Qualified Institutional Buyers (QIBs) category, and 237.42 times in the Non Institutional Investors (NII) category, NSE data showed. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Borana Weaves IPO, while Kfin Technologies is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
