delaPlex IPO allotment Status: The allotment of SME IPO of delaPlex has likely been finalized. Investors can check the allotment status on the NSE. On the allotment date, investors will know the number of shares allotted to them. The Delaplex IPO was subscribed 118.19 times, receiving over 28.36 crore share bids against 24 lakh equity shares. The portion for retail investors was subscribed at 159.88 times, while the non-institutional investors portion was subscribed 335.56 times. The QIB portion received 4.14 crore share bids.
Fonebox IPO allotment Status: Investors can check the allotment status of the SME initial public offering (IPO) of Fonebox Retail on the NSE. The IPO of Fonebox Retail was oversubscribed at 437.79, with over 127.39 crore share bids received against 29.1 lakh equity shares available for subscription. The retail individual investors portion received 85.60 crore shares bids, while the non-institutional investors got over 34.08 crore share bids. The company raised Rs 5.78 crore via anchor allotment, and the IPO is a fresh equity issue of up to 29.1 lakh equity shares.
Megatherm Induction IPO opened today with a target to raise Rs 54 crore through a fresh equity issue of up to 42.9 lakh shares. The company manufactures induction heating and melting products for the growing secondary steel sector in India. The IPO price band is set at Rs 100-108 per share, with a lot size of 1,200 shares. The funds raised will be used for construction, working capital, and general corporate purposes. The IPO is open until January 31, and the listing is expected on February 5.
The Baweja Studios IPO is an entirely fresh equity issue of up to 54 lakh equity shares with a price band of Rs 170-180 per share. The company aims to raise about Rs 97 crore through this public offer. The IPO is open for subscription from January 29 to January 31, with the final allotment expected on February 1 and listing on the NSE SME platform on February 5.
Mayank Cattle Food IPO, a fresh equity issue, opens for subscription with a price band of Rs 108 per share. The company aims to raise Rs 19.44 crore through the IPO. It is engaged in the manufacturing of Maize Cake and Maize Oil. The IPO is open until January 31 and the shares are expected to get listed on February 5.