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Mumbai-based environmental technology company involved in wastewater treatment and solid waste treatment company; SFC Environmental Technologies has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).  The offer, with a face value of Rs 2, is a mix of fresh issue of shares up to Rs 150 crore and an offer-for-sale up to 12,307,500 shares by promoters and other selling shareholders. The promoters selling shares are Sandeep Sudhakar Asolkar and Saketchandrasingh Pratapsingh Dhandoriya.  Other selling shareholders are Sarvesh Kumar Garg, Sandeep Sambhaji Parab, Rajesh Kesavan Nambisan, Veera Venkata Satyanarayana Yannamani, Jaya Chandrakant Gogri, Jayshree Harit Shah, Hardik Suresh Matalia, Parag Bipinchandra Shah and Kumaraguru Madurakavi. The offer also includes a subscription reservation by eligible employees, and a discount is being offered to eligible employees ...

Mumbai, August 26, 2025:  Shares of Gem Aromatics Limited listed on the exchange at a 2.5% premium. The scrip listed at Rs 325 and Rs 333.10 per share on the BSE and NSE respectively. The company’s share price closed at Rs 319 per share on the BSE, and at Rs 322.9 per share on the NSE. As per NSE, the total quantity traded stood at 91.53 lakh shares, on BSE the total Quantity stood at 10.59 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 343.30 crore.   The Market Capitalisation of the Company at today’s closing price stood at Rs 1,666.89 crore as per BSE and Rs 1,686.74 crore as per NSE. The company had offered Rs 451.25 crore issue for subscription from August 19 to August 21. This garnered substantial interest, and the offer was subscribed 30.27 times. Qualified Institutional Investors Portion and Non-institutional investor portion were subscribed 55.28 times and 45.06 times respectively. Retail Investors Portion was subscribed 10.3 times. Gem Aromatics Limited i...

Mumbai, August 26, 2025:  Shares of Patel Retail Limited made a remarkable debut on the exchange to lists at 20% premium. The scrip listed Rs 305 per share on BSE, a premium of 19.61%, and Rs 300 per share on NSE, a premium of 17.65%. The company's share price closed at Rs 289.75 per share on the BSE, a 13.63% premium, and at Rs 290 per share on the NSE, a 13.73% premium. As per NSE, the total quantity traded stood at 38.60 lakh shares, on BSE the total Quantity stood at 6.83 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 134.45 crore. The Market Capitalization of the Company at today’s closing price stood at Rs. 967.78 Crore as per BSE and Rs. 968.62 Crore as per NSE. The company had offered Rs 242.76 crore issue for subscription from August 19 to August 21. This garnered substantial interest, and the offer was subscribed 95.70 times.  Qualified Institutional Investors Portion and Non-Institutional Investor Portion were subscribed 272.43 times and 108.18...

The Initial Public Offering of Vikran Engineering Limited was subscribed 2.38 times on the first day of bidding led by NII. The issue received bids of 13,98,02,428 shares against the offered 5,87,39,128 equity shares, at a price band of ₹92-97, according to the data available on the stock exchanges. Non-Institutional Investors Portion and Retail Portion were subscribed 5.15 times and 2.32 times respectively, whereas Qualified Institutional Buyer Portion was subscribed 0.41 times. The issue kicked off for subscription on Tuesday, August 26, 2025, and will close on  Friday, August 29, 2025 .  A day before the opening of the issue, Vikran Engineering Ltd raised Rs 231.60 crores from anchor investors. Some of the marquee Institutions that participated in the anchor includes  Nippon India Equity Opportunities Fund, 360 One Equity Opportunity Fund, Bank of India Mutual Fund, ITI Mutual Fund, SBI General Insurance Company Limited and Bengal Finance ...