3 And the IPOs of firms are in line to launch. Capital Market Regulator SEBI final week authorised the IPO papers of GNG Electronics, Amanta Healthcare and Glotis. SEBI issued an commentary letter on Glotis’ draft papers on 16 June, 19 June on Amanta Healthcare Papers and GNG Electronics papers on 20 June. Getting SEBI’s commentary letter signifies that the involved firm can launch the IPO throughout the subsequent one 12 months. Pharma firm Amanta Healthcare desires to deliver IPO to boost cash for enterprise growth. The corporate re -filed draft papers close to SEBI on 3 February this 12 months. The IPO can have 1.25 crore new fairness shares. The Gujarat firm makes giant and small quantity parentrals in 6 therapic segments. Additionally makes medical units. For civil development work to arrange new manufacturing line in Hariyala (Gujarat), it’s primarily for civil development work; Will do to purchase gear, plant and mosquen. This IPO is managed by Bine Capital Advisors. Logistical Options Supplier Glotis of the involved information was submitted draft papers for IPO close to SEBI on 8 February this 12 months. There might be new shares of Rs 160 crore in its public concern. Additionally, the promoters of the corporate Ramkumar Senthilwell and Kuttappan Manikandan will provide a 1.45 crore shares on the market. The cash obtained by releasing new shares within the IPO might be used for the acquisition of business automobiles and containers and the remainder of the cash might be used for normal company functions. Pantometry Capital Advisor for this IPO is a guide working lead supervisor. HDB Monetary Companies IPO: Elevated demand in grey market earlier than opening IPO, GMP elevated by 11%, know the most important firm is the most important firm to refege laptops and desktops in India. Refurbishment means promoting previous units taken from clients and promoting new with some modifications. The corporate re -submitted draft papers close to SEBI for IPO on March 25, 2025. The general public concern of GNG Electronics can have new fairness shares of Rs 450 crore. Additionally, the promoters can have a 51 lakh shares. The corporate will use the cash obtained by releasing new shares for reimbursement of debt and different normal company wants. Motilal Oswal Funding Advisors, IIFL Capital Companies, and JM Monetary Service provider Bankers for GNG Electronics IPO. Disclaimer: Right here data offered right here is being offered right here. It’s crucial to say right here that the funding market out there is topic to dangers. At all times seek the advice of consultants earlier than investing cash as an investor. There’s by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
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