Mumbai2 hours ago
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Initial public offers (IPOs) of 3 companies will be open today for listing in the share market. This includes Ventive Hospitality Limited, Senores Pharmaceuticals Limited and Carraro India Limited.
Investors will be able to bid for all three IPOs till December 24. Their shares will be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on December 30. Let us know about the IPOs of these three companies one by one…
1. Ventive Hospitality Limited
Ventiv Hospitality Limited wants to raise a total of ₹1,600 crore through IPO. For this, the company is issuing 2,48,83,358 shares worth ₹ 1,600 crore. The existing investors of the company are not selling even a single share.
Retail investors can bid for maximum 299 shares
Ventiv Hospitality Limited has fixed the price band of this issue at ₹610-₹643. Retail investors can bid for a minimum of one lot i.e. 23 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 643, then you will have to invest ₹ 14,789.
At the same time, retail investors can apply for maximum 13 lots i.e. 299 shares. For this, investors will have to invest ₹ 1,92,257 as per the upper price band.
Ventiv Hospitality’s gray market premium is 8.24%
Before the IPO opened, the company’s shares had reached a premium of 8.24% i.e. ₹ 53 per share in the gray market. In such a situation, according to the upper price band of ₹ 643, its listing can be at ₹ 696. However, this is only an estimate, the listing price of a share is quite different from the gray market price.
Ventiv Hospitality Limited was established in February 2002.
Established in February 2002, Ventiv Hospitality Limited is in the hospitality business. The company mainly deals with developing and managing luxury hotels and resorts. As of September 30, 2024, the company had 11 hospitality assets under management in India and Maldives.
Hospitality assets managed by Vantive Hospitality include hotels and resorts such as Marriott, Hilton, Miner and Atmosphere. As of September 30, 2024, there were 2,791 permanent employees in the company.
2. Senores Pharmaceuticals Ltd Senores Pharmaceuticals Limited wants to raise total ₹582.11 crore through IPO. For this, the company is issuing 1,27,87,723 shares worth ₹500 crore. Existing investors of the company are selling 21,00,000 shares worth ₹82.11 crore.
Retail investors can bid for maximum 494 shares
Senores Pharmaceuticals Limited has fixed the price band of this issue at ₹372-₹391. Retail investors can bid for a minimum of one lot i.e. 38 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 391, then you will have to invest ₹ 14,858.
Whereas, retail investors can apply for maximum 13 lots i.e. 494 shares. For this, investors will have to invest ₹ 1,93,154 as per the upper price band.
Senores Pharmaceuticals Limited was established in December 2017.
Senores Pharmaceuticals Limited, established in December 2017, is a global research driven pharmaceutical company. The company manufactures pharmaceutical products primarily for the US, Canada and UK markets.
The company’s product portfolio includes Amphetamine Sulphate Tablets, Hydroxychloroquine Sulphate Tablets, Ketoconazole Tablets, Butalbital, Acetaminophen and Caffeine Capsules, Mexiletine Hydrochloride Capsules, Ketorolac Tromethamine Tablets, Diclofenac Potassium Tablets, Diclofenac Potassium Tablets, Nicardipine Hydrochloride Capsules, Escitalopram Tablets, Prochlorperazine Maleate Tablets USP. , Terazosin Other medicines include Capsules USP, Morphine Sulfate Tablets, Methadone Hydrochloride Tablets, Cyclobenzaprine Hydrochloride Tablets and Irbesartan Tablets.
3. Carraro India Limited Carraro India Limited wants to raise a total of ₹1,250 crore through IPO. For this, the existing investors of the company are selling 1,77,55,680 shares worth ₹ 1,250 crore through Offer for Sale i.e. OFS. The company is not issuing even a single fresh share for the IPO.
Retail investors can bid for maximum 273 shares
Carraro India Limited has fixed the price band of this issue at ₹668-₹704. Retail investors can bid for a minimum of one lot i.e. 21 shares. If you apply for 1 lot as per the upper price band of IPO of ₹ 704, then you will have to invest ₹ 14,784.
At the same time, retail investors can apply for maximum 13 lots i.e. 273 shares. For this, investors will have to invest ₹ 1,92,192 as per the upper price band.
