IPO News Today Live Updates: Avax Apparels And Ornaments IPO, Quadrant Future Tek IPO, Delta Autocorp IPO, Capital Infra Trust Invit IPO & BR Goyal Infrastructure IPO Day 1 opens for subscription. Investors have a diverse mix to choose from, ranging from BSE SME offerings to large-scale infrastructure and technology-focused issues. These IPOs collectively aim to raise funds for working capital, debt repayment, business expansion, and innovative projects.
– Avax Apparels and Ornaments IPO: The IPO is priced at ₹70 per share and will raise funds for general business needs and working capital requirements.
– Quadrant Future Tek IPO: This ₹290 crore IPO is now open, with a price range of ₹275-290 per share. Funds will be used for debt repayment, working capital, capital expenditure, and developing an electronic interlocking system.
– Delta Autocorp IPO: The ₹54.60 crore IPO comprises an OFS of 3.12 lakh shares and a fresh issue worth ₹50.54 crore, priced at ₹123-130 per share. Proceeds will be used for working capital, new product development, and setting up an electric three-wheeler painting and fabrication plant.
– Capital Infra Trust Invit IPO: This ₹1,578 crore IPO opens with a price range of ₹99-100 per unit. The proceeds will be utilized for repaying unsecured sponsor loans and external borrowings.
– BR Goyal Infrastructure IPO: The ₹63.12 lakh BSE SME IPO opens with a price band of ₹128-135 per share. The funds will be used for working capital needs, capital expenditures, and inorganic growth initiatives.
Investors looking to participate in these IPOs have a range of options to consider based on their investment preferences and risk appetite. It is essential to conduct thorough research and seek advice from financial experts before making any investment decisions. Stay tuned for more updates on subscription figures, market trends, and expert insights throughout the day.
