IPO Roundup – 8th January 2024

The last of 2023’s IPO listed today as 2024’s issues are finally poised to kick-off from tomorrow. Have a look at all the noteworthy news and activities related to the Initial Public Offerings.

Kaushalya Logistics IPO listed today

The New-Delhi based logistics company Kaushalya Logistics Limited (KLL) made its debut on the NSE Emerge- small and medium enterprises segment of the National Stock Exchange (NSE). The shares of the company opened at Rs 100 per share, at a premium of 33% over the IPO price of Rs 75 apiece.

Unicommerce files IPO papers

E-commerce enabler SaaS company Unicommerce eSolutions Pvt Ltd has filed a draft red herring prospectus with SEBI to raise funds through a initial public offer. The company will sell 28.9 million shares in the IPO, DRHP noted.

2 IPOs opening tomorrow

Two IPOs- one mainboard issue of Jyoti CNC Automation and 1 SME IPO of IBL Finance Limited are opening tomorrow on January 09, 2024, for subscription.

2 New SME IPOs announced

  • The SME IPO of Australian Premium Solar (India) Limited, will open on January 11, 2024. The company plans to raise Rs 28.08 crore via a fresh issue of 52 lakh shares.
  • The IPO of Addictive Learning Technology Limited that owns brands such as LawSikho, Skill Arbitrage and Dataisgood, will open on January 19, 2024. The Rs 60.16 crore IPO is a combination of fresh issue of shares worth Rs 57.92 crore and an OFS worth Rs 2.24 crore.

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