Menhood's IPO Opens on July 16, Listing on NSE Emerge

Wondering who is going to put money in the IPO bid, and what will happen to the share price post the listing?🤔

- Emcure Pharmaceuticals shares listed at Rs 1,325.05 on NSE, a 31.45% premium over the issue price of Rs 1,008. - The stock also listed at the same price and premium on BSE, aligning with investor expectations. - Ahead of the listing, shares had a grey market premium of Rs 300, indicating a 30% listing pop. - The IPO, open from July 03 to July 05, raised Rs 1,952.03 crore, including a fresh share sale of Rs 800 crore. - The issue was subscribed 67.87 times overall, with QIBs booking 195.83 times, non-institutional investors 48.32 times, retail investors 7.21 times, and employees 8.81 times. Source: Business Today

- IndiQube is in advanced talks to finalize merchant bankers and aims to file its DRHP within three months. - The startup plans to raise INR 1,000 Cr – INR 1,500 Cr from its IPO, mainly through fresh share issuance. - IndiQube posted a profit of INR 60 Cr in FY24 on an operating revenue of around INR 850 Cr. - Founded in 2015, IndiQube offers managed office spaces and counts WestBridge Capital and Helion Ventures among its backers. - The company competes with Awfis and Smartworks, with the latter also filing its DRHP recently. Source: [Inc42](https://inc42.com/buzz/exclusive-coworking-space-provider-indiqube-in-talks-with-bankers-for-inr-1500-cr-ipo/)

I got alloted the IPO. It's my first time. I had researched about the company and looked good to me. After reading a lot(and overthinking!) had decided to go for it. The share is listing tomorrow soo what are the sentiments and predictions of listing price?😛

- Avanse Financial Services, backed by Warburg Pincus and other marquee investors, has filed for an INR 3,500 Cr IPO with SEBI. - The IPO includes a fresh issue of INR 1,000 Cr and an offer for sale of INR 2,500 Cr, contributing to over INR 1 Lakh Cr of expected IPOs this fiscal. - Avanse, a leading NBFC in the education loan market, competes with major banks and other NBFCs, focusing on high-ticket overseas education loans. - The company reported a PAT of INR 342.4 Cr in FY24, with a significant increase in operating revenue and interest income. - Avanse aims to use the IPO proceeds to augment its capital base, leveraging its strong market position and investor support. Source: DRHP Filings - https://www.sebi.gov.in/filings/public-issues/jun-2024/avanse-financial-services-limited_84390.html

- Infra.Market, backed by Tiger Global and Accel, has chosen eight investment banks for its upcoming IPO, aiming to raise over $500 million. - The selected banks include Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, ICICI Securities, HSBC Securities, Motilal Oswal Financial Services, and Nuvama Wealth Management. - The IPO is expected to be a mix of fresh issue and secondary sales, providing an exit for top VC investors. - The issue size is projected to be between $500 million and $700 million, with potential for a higher amount based on market conditions. - Infra.Market's subsidiary, RDC Concrete, plans its own public market debut in January 2025 after divesting a 10% stake worth $20 million in 2023. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/tiger-global-accel-backed-infra-market-picks-8-i-bankers-for-mega-500-mn-plus-ipo-12811099.html)

Amidst global recession, specially for IT companies, Indegene is floating an initial public offering (IPO) in April 24! Thoughts on the subscription?

Mamaearth announced that, they might come with IPO October/November i guess. Who is planning to short this 🤡 ?