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Author: Legal Parivar

The allotment status for Studio LSD Ltd’s SME IPO is expected to be finalised today. Investors who applied for the issue can check their allotment on the Purva Sharegistry (India) Pvt. Ltd. website or via the NSE portal. For investors who did not receive any shares, the refund process will begin on 22 August 2025, while successful allottees will see the allotted shares credited to their demat accounts. The IPO, which opened on 18 August and closed on 20 August 2025, is scheduled to list on the NSE SME platform on 25 August 2025. How to Check Studio LSD IPO…
Dermatology-focused healthcare services provider Sakhiya Skin has filed its Draft Red Herring Prospectus (DRHP) with the BSE to launch a small and medium enterprise (SME) IPO. As per the DRHP, the IPO will comprise up to 61,72,000 equity shares, including a fresh issue of up to 50,10,000 shares and an offer for sale (OFS) of up to 11,62,000 shares. Under the OFS, promoter Jagdishkumar Jadavbhai Sakhiya plans to sell up to 8,82,653 shares, while Rupalben Jagdishbhai Sakhiya intends to offload 2,79,347 shares. 🔹 Utilisation of Funds GYR Capital Advisors Pvt Ltd is the sole book-running lead manager for the issue.…
The Patel Retail IPO opened for subscription on 19 August 2025 and will close on 21 August 2025, leaving just one more day for investors to apply. The issue has received an overwhelming response, with the IPO subscribed 19.50 times by the end of Day 2. The company has set the Patel Retail IPO price band at ₹237 to ₹255 per share. Patel Retail aims to raise ₹242.76 crore, comprising a fresh issue of ₹217.21 crore and an Offer for Sale (OFS) of ₹25.55 crore. Post-issue, the shares are proposed to be listed on both BSE and NSE. Patel Retail…
The initial public offering (IPO) of solar module manufacturer Vikram Solar has received strong investor interest, with an overall subscription of 4.56 times by the end of the second day of bidding on Wednesday. The non-institutional investor (NII) category was subscribed 13.01 times, while the retail individual investor (RII) portion saw 3.47 times subscription. The qualified institutional buyer (QIB) segment recorded 11% subscription. The IPO, valued at ₹2,079 crore, is open for subscription until August 21 with a price band of ₹315–₹332 per share. The issue includes a fresh equity share sale worth ₹1,500 crore and an offer for sale…
Shares of insurance companies may trade higher on Thursday, August 21, after reports indicated that life and health insurance purchased by individuals could be exempted from the current 18 percent Goods and Services Tax (GST). The GST Group of Ministers (GoM) on insurance has recommended that health and life insurance premiums be excluded from the levy to make insurance more affordable and boost penetration in India’s underinsured market. The final decision will be taken by the GST Council following consultations with states, Bihar Deputy Chief Minister and GoM convener Samrat Choudhary said. However, several states have raised concerns over possible…
The Securities and Exchange Board of India (Sebi) has initiated consultations with stock exchanges, brokers, and other market participants to review the framework for price discovery in initial public offerings (IPOs) and re-listed shares. The move follows controversy over Swan Defence’s re-listing earlier this year, which sparked concerns around fairness and transparency. The Core Issue At the centre of the debate is the use of “dummy price bands” during the special pre-open session (SPOS). Several investors argue that such mechanisms distort true price discovery. Sebi’s review is focused on whether structural reforms are needed to make the system more transparent,…
The Indian stock market is set for an action-packed session today with several companies announcing earnings, stake sales, acquisitions, appointments, fund infusions, and order wins. Here’s a quick roundup of the major developments that could influence trading activity: Quarterly Earnings Stocks to Watch Bulk Deals Stocks Trading Ex-Dividend Coal India, HAL, RVNL, AMJ Land Holdings, Bhandari Hosiery, BSL, Honda Power, Kakatiya Cement, Manorama Industries, Pudumjee Paper, Relaxo Footwears, Styrenix, Thomas Cook, United Van Der Horst. Stock Split – Ex-Date Stocks in F&O Ban PG Electroplast, RBL Bank, Titagarh Rail Systems Disclaimer: This content is for information only, not investment advice.…
Rajkot-based Anlon Healthcare, a manufacturer of active pharmaceutical ingredients (APIs), intermediates, and formulations, has announced a price band of ₹86–91 per share for its upcoming initial public offering (IPO). The IPO will open on August 26 and close on August 29, with the anchor book scheduled for August 25. The basis of allotment will be finalized on September 1, followed by refunds and share credits on September 2. The company is set to debut on the stock exchanges on September 3. The issue comprises a fresh offer of 1.33 crore shares, amounting to about ₹121 crore at the upper price…
Pakistani authorities on Wednesday extended the ban on Indian aircraft using its airspace until September 23, according to a fresh NOTAM (Notice to Airmen) issued by the Pakistan Airports Authority. Under the extended restrictions, all Indian-operated aircraft, including those owned or leased for military and civilian purposes, remain barred from entering Pakistani airspace. The ban was first imposed on April 23, following heightened tensions between India and Pakistan after the Pahalgam terrorist attack. The restriction was initially set for one month but has since been repeatedly extended. In response, India closed its airspace for Pakistani carriers on April 30, leading…
The initial public offering (IPO) of Vikram Solar Limited entered its second day of bidding on Wednesday, 20 August 2025. The issue opened on 19 August and will remain available for subscription until 21 August 2025. Vikram Solar, one of India’s largest solar photovoltaic (PV) module manufacturers, has fixed its IPO price band at ₹315 to ₹332 per share. The company aims to raise ₹2,079.37 crore, of which ₹1,500 crore will come via a fresh issue of shares, while ₹579.37 crore will be raised through the offer for sale (OFS) route. The shares will be listed on both NSE and…
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