Innova Captab shares hit 20% upper circuit after listing at marginal premium
1 year ago

Innova Captab shares hit 20% upper circuit after listing at marginal premium

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Innova Captab share price today opened on NSE at a marginal premium of ₹4.10 per share. While scaling to this intraday high, Innova Captab share price was locked in the 20 percent upper circuit within an hour of share listing. According to stock market experts, investors have extended their faith in Innova Captab shares after giving strong response to the public issue. Innova Captab share price outlook Advising Innova Captab share allottees to book profit and exit, Avinash Gorakshkar, Head of Research at Profitmart Securities, said, "The company faces quality competition from its peers and the public issue it offered was priced at slightly higher valuations. Advising Innova Captab IPO allottees to book profit, the expert added, "With most of the positives priced in, we advise investors to book profits on the listing day and subsequently consider investing in the company after evaluating its quarterly performance in the near term."

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Innova Captab share price extends losing streak for the sixth consecutive session, down 18%. Here’s what analysts say
3 hours, 56 minutes ago

Innova Captab share price extends losing streak for the sixth consecutive session, down 18%. Here’s what analysts say

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Innova Captab share price has continued its downward trend for the sixth session in a row, reflecting ongoing market fluctuations. However, despite this new development Innova Captab share price today was down over 4%, the stock opened at ₹1,059.30 apiece on BSE. Innova Captab share price has surged by 124% from its initial public offering price of ₹448, making it …

Innova Captab IPO listing date today. GMP, experts see up to 20% gain
1 year ago

Innova Captab IPO listing date today. GMP, experts see up to 20% gain

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Innova Captab IPO: Listing date for the initial public offering of Innova Captab Limited has been fixed on 29th December 2023 i.e. They said that Innova Captab IPO listing will be positive and one can expect up to 20 per cent listing gain as the issue was priced little higher. They said that allottees may expect Innova Captab IPO listing …

Innova IPO closes today: GMP, review, other key details. Should you subscribe?
1 year ago

Innova IPO closes today: GMP, review, other key details. Should you subscribe?

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Innova Captab IPO opened for subscription on Thursday, December 21, and will close today. Innova Captab IPO price band has been set in the range of ₹426 to ₹448 per equity share of face value of ₹10. Innova Captab IPO details A fresh issuance of equity shares up to ₹320 crore and an offer-for-sale of up to 55,80,357 equity shares …

Innova Captab IPO: December 26 is the last day to subscribe; Here are key risks
1 year ago

Innova Captab IPO: December 26 is the last day to subscribe; Here are key risks

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Innova Captab initial public offering opened for subscription on Thursday, December 21 and will close on December 26. On the second day of subscription, the Innova Captab IPO has been fully booked, and investors have responded favourably to it overall. Innova Captab IPO subscription status is 3.54 times on day 2. On day 2, Innova Captab IPO's retail investors portion …

Innova Captab IPO: Issue booked 3.54 times on day 2; GMP steady
1 year ago

Innova Captab IPO: Issue booked 3.54 times on day 2; GMP steady

Live Mint  

Innova Captab IPO subscription status: On the second day of subscriptions, the Innova Captab IPO has been fully booked, and investors have responded favourably to it overall. Innova Captab IPO price band has been set in the range of ₹426 to ₹448 per equity share of face value of ₹10. On day 2, Innova Captab IPO's retail investors portion was …

Innova IPO day 2: Check GMP today, subscription status, should you invest?
1 year ago

Innova IPO day 2: Check GMP today, subscription status, should you invest?

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Innova Captab IPO opened for subscription on Thursday, December 21, and will close on Tuesday, December 26. Innova Captab IPO price band has been set in the range of ₹426 to ₹448 per equity share of face value of ₹10. Innova Captab IPO details A fresh issuance of equity shares up to ₹320 crore and an offer-for-sale of up to …

Innova Captab IPO: Issue subscribed 1.41 times on day 1; retail booked 2.13x
1 year ago

Innova Captab IPO: Issue subscribed 1.41 times on day 1; retail booked 2.13x

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Innova Captab IPO subscription status: Innova Captab IPO has been subscribed to 1.41 times on day 1. Innova Captab IPO price band has been set in the range of ₹426 to ₹448 per equity share of face value of ₹10. On day 1, Innova Captab IPO's retail investors portion was subscribed 2.13 times, NII portion was subscribed 96%, and QIB …

Innova Captab IPO Day 1: GMP, subscription, review, other details. Apply or not?
1 year ago

Innova Captab IPO Day 1: GMP, subscription, review, other details. Apply or not?

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Innova Captab IPO: The initial public offering of Innova Captab Limited has opened today and it will remain open for subscribers till 26th December 2023. Important Innova Captab IPO details 1] Innova Captab IPO GMP: Shares of the pharma company are available at a premium of ₹215 in grey market today, say market observers. 2] Innova Captab IPO price: The …

Innova Captab IPO: Here are 10 things to know before you subscribe to the issue
1 year ago

Innova Captab IPO: Here are 10 things to know before you subscribe to the issue

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Mumbai-based pharmaceutical company Innova Captab is all set to launch its initial public offering on December 21 and will close on December 26. Here’s a list of 10 important factors that you should consider before subscribing — Innova Captab IPO date - The issue opens for subscription on December 21, 2023 and closes on December 26, 2023. Innova Captab IPO …

Innova Captab Limited raises ₹171 crore from anchor investors
1 year ago

Innova Captab Limited raises ₹171 crore from anchor investors

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Innova Captab Limited, on Wednesday, garnered ₹171 crores from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, December 21, 2023. The company informed the bourses that it allocated 3,816,963 equity shares at ₹448 per share on Wednesday, December 20, 2023, to anchor investors. Out of the total allocation of 3,816,963 equity shares to …

Innova Captab IPO: Check price band, issue date, GMP and other details
1 year ago

Innova Captab IPO: Check price band, issue date, GMP and other details

Live Mint  

Mumbai-based pharmaceutical firm, Innova Captab, has set the price range for its upcoming initial public offering at ₹426 to ₹448 per share. Innova Captab's upcoming IPO will comprise a fresh equity share issue valued at up to ₹400 crore, alongside an offer-for-sale featuring up to 9,600,000 equity shares by the promoter and selling shareholders. As an integrated pharmaceutical firm in …

Innova Captab receives Sebi approval to raise funds via IPO
1 year, 11 months ago

Innova Captab receives Sebi approval to raise funds via IPO

Live Mint  

Market regulator Sebi has approved the initial public offering of Innova Captab. As per the draft prospectus, the company's IPO includes a fresh issue of ₹400 crore and offer for sale of up to 96 lakh equity shares. The company plans to utilise net proceeds from the issue for repayment of certain outstanding loans, investment in subsidiary UML for repaying …

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