Nikita Papers IPO Itemizing: Nikita papers, making paper and paper -related merchandise, entered an enormous low cost within the home market right now. Its IPO additionally obtained combined response and the share of certified institutional patrons (QIB) was not even discovered. Beneath the IPO, shares have been issued at a worth of Rs 104. Right this moment, it entered NSE SM at Rs 90.00, that’s, IPO buyers didn’t get any itemizing good points however their capital declined by 13.46 %. After the low cost itemizing, extra shock got here when the inventory broke down on the decrease circuit of Rs 85.50 (Nikita Papers Share Worth) i.e. IPO buyers are actually 17.79 % losses. How will the cash of Nikita Papers IPO be ₹ 67.54 Crore to the IPO of ₹ 67.54 crore. Was. This IPO total it was subscribed to 1.43 instances. It had a share reserved for certified Institutional Consumers (QIB), 0.74 instances, a share of non-institutional buyers (NII) 2.11 instances and a share of retail buyers was crammed 1.84 instances. Beneath this IPO, 64,94,400 new shares with a face worth of Rs 10 have been issued. Of the cash raised via these shares, Rs 50 crore will probably be spent on establishing an influence plant, Rs 5 crore working capital wants and the remainder of the cash on IPO bills and customary company goals. The information associated to Nikita Papers prepares the 1989 Nikita papers and paper associated merchandise. Its enterprise is unfold over the nation and overseas. It additionally works associated to packaging, tissue paper or particular paper merchandise. Speaking in regards to the monetary well being of the corporate, it has been strongly strengthened. It made a web revenue of Rs 6.95 crore in FY 2022, which jumped within the subsequent monetary yr 2023 to Rs 8.65 crore and Rs 16.60 crore in FY 2024. Nevertheless, throughout this time there was a fluctuating within the firm’s income. It obtained a income of Rs 358.49 crore in FY 2022, Rs 401.31 crore in FY 2023 and Rs 346.78 crore in FY 2024. Speaking in regards to the final monetary yr 2024-25, in April-December 2024 it has obtained a web revenue of Rs 15.68 crore and a income of Rs 272.38 crore. Prostarm iPO Itemizing: Record ₹ 105 Shares on ₹ 125, specialists suggested to put money into IPO Blue Water IPO Water IPO LISINTING: ₹ 135 Entry at ₹ 141, the strengthening of blue water enterprise well being Astonea Labs IPO Itemizing: The journey of shares began on 1.81% premium, the corporate’s enterprise -Cliemer can also be unfold outdoors the nation: Right here info is being offered right here just for info. It’s vital to say right here that the funding market available in the market is topic to dangers. All the time seek the advice of specialists earlier than investing cash as an investor. There may be by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
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