Galaxy Medicare launches its Rs 22.3-crore IPO today, featuring a fresh issue and an offer for sale, with share prices between Rs 51 and Rs 54. The company intends to utilize the raised capital for capital expenditure, working capital needs, and general corporate purposes. Despite a diversified product portfolio and established brand, the IPO shows muted grey market activity.Read More
Optivalue Tek Consulting’s SME IPO saw strong investor demand. The IPO was oversubscribed by 64.5 times. Non-institutional and retail investors showed particular interest. The company will list on September 10. The IPO price was Rs 80-84 per share. Funds raised will support expansion and product development. The company reported strong revenue and profit growth in FY25.Read More
Dev Accelerator launches its Rs 143 crore IPO, priced at Rs 56-61 per share, aiming for BSE and NSE listing on September 17. While analysts flag high valuations compared to peers, the company emphasizes its Tier-2 market leadership and expansion plans, including an international project. The IPO closes on September 12.Read More
Investors interested in Patanjali Foods’ 2:1 bonus issue must purchase shares today to be eligible, as September 11 is the record date. Shareholders on the company’s books by then will receive the additional shares. This bonus issue rewards existing shareholders by increasing their holdings without further investment, with shares closing flat at Rs 1,802 on Tuesday.Read More
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