Harsha Engineers IPO Dates, Review, Price, IPO Allotment Details,Latest GMP & Market Lot

 

Harsha Engineers IPO date is fixed, the IPO is to open on September 14, 2022 and will close on September 16, 2022. Harsha Engineers IPO to raise around Rs.755 crores via IPO that comprises fresh issue of Rs.455 crores and offer for sale up to Rs.300 crores of Rs.10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Harsha Engineers International Limited aka Harsha is one of the largest manufacturers of precision bearing cages in the organized sector in India. The company was incorporated in 2010. The company is a part of the Harsha Group. The company is amongst the leading manufacturers of precision bearing cages in the world with a market share of approximately 5% to 6% in the organized segment of the global brass, steel, and polyamide bearing cages in terms of revenue. The product range includes Brass Cages, Steel Cages, Polyamide Cages, and Stamped Components. They supply their products in over 25 countries covering five continents.

They have their manufacturing facilities at Changodar and Moraiya, near Ahmedabad in Gujarat in India. They also have a production facility through a subsidiary in Changshu, China, and a step-down subsidiary in Ghimbav Brasov in Romania. They have two segments of businesses – The engineering business and the Solar EPC business. They supply their products in the industries such as automotive, railways, aviation & aerospace, construction, mining, agriculture, electrical and electronics, and renewables sectors. The company has good relationships with its leading clients. They are the experts in tooling, design development, and automation. 

Harsha Engineers IPO Review (Apply or Not)

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Harsha Engineers IPO Details

Subscription Dates	14 – 16 September 2022
Price Band	INR314 – 330 per share
Fresh issue	INR455 crore
Offer For Sale	INR300 crore
Total IPO size	INR755 crore
Minimum bid (lot size)	45 shares (INR14,850)
Face Value	INR10 per share
Retail Allocation	35%
Listing On	NSE, BSE

Harsha Engineers IPO Market Lot

The Harsha Engineers IPO minimum market lot is 45 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots with 585 shares or ₹193,050 amount.

Harsha Engineers IPO Allotment & Listing Dates

The Harsha Engineers IPO date is September 14 and the close date is September 16. The Harsha Engineers IPO allotment will be finalized on September 21 and the IPO listing on September 26.

Harsha Engineers Company Financial Report

Rs. in Crores
	Revenue(Rs.)	Expense(Rs.)	PAT(Rs.)
2019	118	157	27.41
2020	900	868	21.91
2021	877	816	45.44
2022 6M	638	578	43.71

Peer Group

• Timken India Limited
  
• SKF India Limited
• Rolex Rings Limited
• Sundaram Fasteners Limited

Company Promoters

• Rajendra Shah
• Harish Rangwala
• Vishal Rangwala
• Pilak Shah
  

Harsha Engineers IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: harshaengineers.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Harsha Engineers IPO Allotment Status Check

Check Harsha Engineers IPO allotment status on Linkintime website allotment URL. Click Here

Harsha Engineers IPO Lead Managers

• Axis Capital Limited
• Equirus Capital Private Limited
• JM Financial Consultants Private Limited

Company Address

Harsha Engineers International Limited
NH-8A, Sarkhej- Bavla Highway,
Changodar, Ahmedabad 382213
Phone: +91 2717-618200
Email: sec@harshaengineers.com
Website: http://www.harshaengineers.com/

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Tamilnad Mercantile Bank IPO Dates, Review, Price, IPO Allotment Details,Latest GMP & Market Lot

Tamilnad Mercantile Bank IPO date is fixed, the IPO is to open on September 5 and will close on September 7. Tamilnad Mercantile Bank (TMB) IPO to raise around Rs.831.60 crores via IPO that comprises fresh issue of Rs.831.60 crores and offer for sale up to [.] of Rs.10 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

Tamilnad Mercantile Bank (TMB) is a private bank and one of the oldest banks in the private sectors banks in India. TMB was incorporated in 1921 and headquartered in Thoothukudi, Tamil Nadu, India. The bank has a long-term track record with over 100 years of working history.

The bank offerings banking and financial services to its customers are retailers, micro-enterprises, small and medium enterprises, MSMEs, and more. They have a strong network of branches of over 500 and a customer base of over 5 million as of March 2022. They have over 350 branches in Tamil Nadu state and have a presence in 15 states and 4 union territories.

Tamilnad Mercantile Bank IPO Details

Subscription Dates	5 – 7 September 2022
Price Band	INR500 – 525 per share
Fresh issue	15,840,000 shares (INR792 – 831.6 crore)
Offer For Sale	Nil
Total IPO size	15,840,000 shares (INR792 – 831.6 crore)
Minimum bid (lot size)	28 shares (INR14,700)
Face Value	INR10 per share
Retail Allocation	10%
Listing On	NSE, BSE

Tamilnad Mercantile Bank IPO Market Lot

The Tamilnad Mercantile Bank IPO minimum market lot is 28 shares with Rs.14,700 application amount. The retail investors can apply up-to 13 lots with 364 shares or Rs.191,100 amount.

Tamilnad Mercantile Bank IPO Allotment & Listing Dates

The Tamilnad Mercantile Bank IPO date is September 5 and the close date is September 7. The Tamilnad Mercantile Bank IPO allotment will be finalized on September 12 and the IPO listing on September 15.

Price Band Announcement:	September 1, 2022
Anchor Investors Allotment:	September 2, 2022
Tamilnad Mercantile Bank IPO Open Date:	September 5, 2022
Tamilnad Mercantile Bank IPO Close Date:	September 7, 2022
Basis of Allotment:	September 12, 2022
Refunds:	September 13, 2022
Credit to Demat Account:	September 14, 2022
Tamilnad Mercantile Bank IPO Listing Date:	September 15, 2022

Tamilnad Mercantile Bank Company Financial Report

Rs. in Crores
	Revenue	Expense	PAT
2020	Rs.3,993	Rs.3,585	Rs.465
2021	Rs.4,253	Rs.3,650	Rs.654
2022	Rs.4,656	Rs.3,835	Rs.902

Peer Group

• City Union Bank Limited
• CSB Bank Limited
• DCB Bank Limited
• Federal Bank Limited
• Karur Vysya Bank Limited
• Karnataka Bank Limited
• RBL Bank Limited

Company Promoters

• TMB is a professionally managed bank and does not have an identifiable promoters.
  

Tamilnad Mercantile Bank IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tmb.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Tamilnad Mercantile Bank IPO Allotment Status Check

Check Tamilnad Mercantile Bank IPO allotment status on Linkintime website allotment URL. Click Here

Tamilnad Mercantile Bank IPO Lead Managers

• Axis Capital Limited
• Motilal Oswal Investment Advisors Pvt Ltd
• SBI Capital Markets Limited

Company Address

Tamilnad Mercantile Bank Limited
No. 57, Victoria Extension Road
Thoothukudi – 628 002,
Phone: +91 461 2325136
Email: secretarial@tmbank.in
Website: http://www.tmb.in/

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DreamFolks IPO Dates, Review, Price, IPO Allotment Details,Latest GMP & Market Lot

The company is India’s largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform. Its asset-light business model integrates global card networks operating in India (Card Networks), credit card and debit card issuers (Card Issuers) and other corporate clients, in India, including airline companies (Corporate Clients and along with Card Networks and Card Issuers, the Clients) with various airport lounge operators and other airport related service providers (collectively, the Operators) on a unified technology platform.

The company facilitates customers of Clients’ (Consumers) access to the following airport related services (i) lounges, (ii) food and beverage (iii) spa, (iv) meet and assist, (v), airport transfer (vi) transit hotels /nap room access, and (vii) baggage transfer, (collectively, the Services).

DreamFolks Services facilitates access to 100% of the 54 lounges currently operational in India, and also enjoyed a market share of over 95% of all India issued credit card and debit card (Card Based) access to airport lounges in FY2022. Additionally, in Fiscal 2022 it also accounted for around 68% of the overall lounge access volume in India. As at 31 March 2022, it has a global footprint extending to 1,416 Touch-points in 121 countries across the world through partnerships with other service providers.

DreamFolks IPO Details

Subscription Dates	24 – 26 August 2022
Price Band	INR308 – 326 per share
Fresh issue	Nil
Offer For Sale	17,242,368 shares (INR531.06 – 562.10 crore)
Total IPO size	17,242,368 shares (INR531.06 – 562.10 crore)
Minimum bid (lot size)	46 shares (INR14,996)
Face Value	INR2 per share
Retail Allocation	10%
Listing On	NSE, BSE

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DreamFolks Financial Performance

	FY2020	FY2021	FY2022
Revenue	367.0	105.6	282.5
Expenses	324.3	108.3	263.5
Net income	31.3	(1.2)	16.6
Margin (%)	8.5	(1.1)	5.9

Figures in INR crore unless specified otherwise

Dreamfolks Services IPO Market Lot

The Dreamfolks Services IPO minimum market lot is 46 shares with ₹14,996 application amount. The retail investors can apply up-to 13 lots with 598 shares or ₹194,948 amount.

Dreamfolks Services IPO Allotment & Listing Dates

The Dreamfolks Services IPO date is August 24 and the close date is August 26. The Dreamfolks Services IPO allotment will be finalized on September 1 and the IPO listing on September 6.

Company Promoters

• Liberatha Peter Kallat
• Mukesh Yadav
• Dinesh Nagpal

Dreamfolks Services IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: dreamfolks.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Dreamfolks Services IPO Allotment Status Check

Check Dreamfolks Services IPO allotment status on Linkintime website allotment URL. Click Here

Dreamfolks Services IPO Lead Managers

• Equirus Capital Private Limited
• Motilal Oswal Investment Advisors Pvt Ltd

Company Address

Dreamfolks Services Limited
501, Tower 2, Fifth Floor,
Worldmark, Sector-65,
Gurugram – 122 018
Phone: +91 0124 4173 560
Email: compliance@dreamfolks.in
Website: https://www.dreamfolks.in/

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Syrma SGS Technology IPO Dates, Review, Price, IPO Allotment Details,Latest GMP & Market Lot

Syrma SGS Technology IPO date is fixed yet, the IPO is to open on August 12 and will close on August 18, 2022. Syrma SGS IPO to raise around Rs.840 crores via IPO that comprises fresh issue of Rs.766 crores and offer for sale up to 3,369,360 equity shares of Rs.10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Syrma SGS Technology Limited is a technology-focused engineering and design company engaged in turnkey electronics manufacturing services (EMS). The company is based in Chennai, incorporated in 2004. Syrma provides high-mix, flexible volume, precision OEM manufacturing. They are one-stop-solution electronics manufacturing services (EMS) including product design, quick prototyping, PCB assembly,  Box build, repair & rework, and automatic tester development services. Syrma SGS also offers OEM solutions for RFID tags & inlays and high-frequency magnetic components. We serve global OEMs in 20+ countries and have supplied several hundreds of million units.

The product portfolio includes Printed circuit board assemblies (PCBA), Radio frequency identification (RFID) products, Electromagnetic and electromechanical parts, Motherboards, Memory products - DRAM modules, solid state, USB drives. They have manufacturing facilities in Himachal Pradesh, Haryana, Uttar Pradesh, Tamil Nadu and Karnataka. They have dedicated R&D facilities in Chennai, Gurgaon and in Stuttgart, Germany too. You can check Syrma SGS Technology IPO subscription status and Syrma SGS Technology IPO allotment status on their respective pages. Syrma SGS Technology raised Rs.252 crores from anchor investors, ahead of IPO on August 11, 2022.

Syrma SGS Technology IPO Review (Good or Bad)

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Syrma SGS IPO Details

Subscription Dates	12 – 18 August 2022
Price Band	INR209 – 220 per share
Fresh issue	INR766 crore
Offer For Sale	3,369,360 shares (INR70.42 – 74.13 crore)
Total IPO size	INR836.42 – 840.13 crore
Minimum bid (lot size)	68 shares
Face Value	INR10 per share
Retail Allocation	35%
Listing On	NSE, BSE

Syrma SGS Technology Company Financial Report

Rs. in Crores
	Revenue(Rs.)	Expense(Rs.)	PAT(Rs.)
2019	357	330	20.97
2020	405	347	43.88
2021	444	408	28.60
2022	655	607	30.69

Syrma SGS Technology IPO Market Lot

The Syrma SGS Technology IPO minimum market lot is 68 shares with Rs.14,960 application amount. The retail investors can apply up-to 13 lots with 884 shares or Rs.194,480 amount.

Syrma SGS Technology IPO Allotment & Listing Dates

The Syrma SGS Technology IPO date is August 12 and the close date is August 18. The Syrma SGS Technology IPO allotment will be finalized on August 23 and the IPO listing on August 26.

Peer Group

• Dixon Technologies Limited
  
• Amber Enterprises India Limited

Company Promoters

• Sandeep Tandon
• Jasbir Singh Gujral
• Veena Kumari Tandon
• Tancom Electronics Private Limited

Syrma SGS Technology IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: syrma.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Syrma SGS Technology IPO Allotment Status Check

Check Syrma SGS Technology IPO allotment status on Linkintime website allotment URL. Click Here

Syrma SGS Technology IPO Lead Managers

• DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
• ICICI Securities Limited
• IIFL Securities Ltd

Company Address

Syrma SGS Technology Ltd
Plot B27, Phase II, Zone B,
MEPZ-SEZ, Sanatorium, Tambaram,
Chennai 600 045
Phone: 022 40363000
Email: compliance@syrmasgs.com
Website: https://syrmasgs.com/

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Aether Industries IPO Dates, Review, Price, IPO Allotment Details,Latest GMP & Market Lot

 

Aether Industries IPO date is fixed, the IPO is to open on May 24 and will close on May 26, 2022. Aether Industries IPO to raise around Rs.808 crores via IPO that comprises fresh issue of Rs.627 crores and offer for sale up to 2,820,000 equity shares of Rs.10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.

Based in Surat, Aether Industries Limited was incorporated in 2013. Aether Industries is a manufacturer of specialty chemicals that focuses on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies. Their products are used in the industries such as pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas segments of the chemical industry.

The company is one of the fastest-growing specialty chemical companies in India, growing at a CAGR of nearly 60% between Fiscal 2018 and Fiscal 2021. They have a production capacity of more than 6000 MT and are available in our state-of-art and DCS automated manufacturing facilities. They are also a leading CRAMS (Contract Research and Manufacturing Services) provider and Contract / Exclusive Manufacturing services provider, built upon technology-intensive and state-of-art R&D and Pilot Plant facilities. Aether has a customer base on over 130 multinational, global, regional, and local companies. They sell their products to over 30 global customers in 17 countries and to over 100 domestic customers.

Aether Industries IPO Date, Size & Price Band

Aether Industries IPO Date	24 – 26 May 2022
IPO Price Band	INR610 – 642 per share
Fresh issue	INR627 crore
Offer For Sale	2,820,000 shares (INR172.02 – 181.04 crore)
Total IPO size	INR799.02 – 808.04 crore
Minimum bid (lot size)	23 shares
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE, BSE

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Aether Industries IPO Market Lot

The Aether Industries IPO minimum market lot is 23 shares with ₹14,766 application amount. The retail investors can apply up-to 13 lots with 299 shares or ₹191,958 amount.

Aether Industries IPO Allotment & Listing Dates

The Aether Industries IPO date is May 24 and the close date is May 26. The Aether Industries IPO allotment will be finalized on May 31 and the IPO listing on June 3.

Aether Industries Company Financial Report

Rs. in Crores
	Revenue(Rs.)	Expense(Rs.)	PAT(Rs.)
2019	203	171	23.34
2020	304	247	39.96
2021	454	356	71.12
2021 6M	296	216	57.51

Peer Group

• Clean Science and Technology Limited
• Navin Fluorine International Limited
• Vinati Organics Limited
• PI Industries Limited
• Fine Organic Industries Limited

Company Promoters

• Ashwin Jayantilal Desai
• Purnima Ashwin Desai
• Rohan Ashwin Desai
• Dr. Aman Ashvin Desai
• ADJ Family Trust
• PAD Family Trust
• RAD Family Trust
• AAD Family Trust
• AAD Business Trust
  

Aether Industries IPO Registrar

Linkintime India Private Limited
C 101, 1st Floor, 247 Park
L.B.S. Marg,
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 22 4918 6200
E-mail: aether.ipo@linkintime.co.in
Website: www.linkintime.co.in

Aether Industries IPO Allotment Status Check

Check Aether Industries IPO allotment status on Linkintime website allotment URL. Click Here

Aether Industries IPO Lead Managers

• HDFC Bank Limited
• Kotak Mahindra Capital Company Limited

Company Address

Aether Industries Limited
Plot No. 8203, GIDC, Sachin,
Surat - 394230, Gujarat
Tel: +91 261 660 3360
Contact Person: Chitrarth Rajan Parghi
Company Secretary and Compliance Officer
E-mail: compliance@aether.co.in
Website: www.aether.co.in

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