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JG Chemicals IPO last bidding day today: Check GMP, subscription status, review, key dates, more. Should you subscribe?

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JG Chemicals IPO last bidding day today: Check GMP, subscription status, review, key dates, more. Should you subscribe?

JG Chemicals IPO opened for subscription on Tuesday, March 5, and today (Thursday, March 7) is the last day to apply to the issue for those who are interested in subscribing. In the two days that the issue has been available for subscription, both retail and non-institutional investors have responded enthusiastically. JG Chemicals IPO subscription status was 6.40 times, as per BSE data, on the second day. The retail investors portion was subscribed to 8.32 times, Non Institutional Investors (NII) portion was booked 9.64 times, and Qualified Institutional Buyers (QIB) portion was booked at 45%. On day 1, JG Chemicals IPO subscription status was 2.47 times.

It has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.

JG Chemicals IPO price band has been set in the range of ₹210 to ₹221 per equity share of the face value of ₹10. Investors can bid for a minimum of 67 equity shares and in multiples of 67 equity shares thereafter. JG Chemicals raised ₹75.35 crore from anchor investors on Monday, March 4.

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“Why Did You Put X Mark?” Supreme Court Pulls Up Chandigarh Poll Officer

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The Supreme Court was hearing a petition on the Chandigarh mayoral election.

Taking a tough stand on the alleged defacement of ballot papers during the Chandigarh Mayor elections, the Supreme Court has said that Returning Officer Anil Masih should be prosecuted for “interference in the election process”.

 

The court said this after seeking Mr Masih’s reply, saying this is the first time in the history of independent India that a returning officer has been cross-examined by the Chief Justice of the country.

Hearing a petition on Monday on alleged irregularities in the elections, a day after three AAP councilors joined the BJP, the Supreme Court also said the “horsetrading” going on is a serious matter.

 

The court has asked the ballot papers to be brought to it for examination on Tuesday. After initially proposing that the votes should be counted by a new returning officer rather than holding fresh elections, the court said it would decide on the issue after examining the ballot papers.

https://h5.swguide.co/media_file/v-ndtv/source/sample/mp4_videos/news.mp4?_=1

During the counting of the mayoral election on January 30, returning officer Anil Masih had declared eight votes invalid and AAP’s mayoral candidate was defeated by BJP’s Manoj Sonkar by a margin of four votes. AAP had claimed that Mr Masih, a member of the BJP’s minority cell, had deliberately invalidated the votes.

A video of Mr Masih writing on the ballot papers of some AAP councilors while looking at the camera had surfaced, and the Supreme Court had called his action a “mockery of democracy” during a hearing on February 5.

‘Answer truthfully’
During the hearing on Monday, a bench of Chief Justice DY Chandrachud, JB Pardiwala and Manoj Mishra took note of the fact that BJP’s Manoj Sonkar had resigned from the post of mayor the previous evening and then asked Mr Masih to come forward and answer some questions. Asked for.

Chief Justice Chandrachud said, “Mr Masih, I am asking you a question. If you do not answer truthfully you will be prosecuted. This is a serious matter. We have seen the video. What were you doing looking at the cameras and crossing off the ballot papers? Why were you marking?”

Admitting that he had marked eight ballot papers with a cross (X), Mr Masih replied that he did so because the ballot papers which had been defaced had to be separated.

The Chief Justice asked, “Why did you (Mr Masih) mutilate the ballot papers? You were only supposed to sign the papers. Where is it provided in the rules that you can put other marks on the ballot papers?”

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Chief Justice Chandrachud then turned to Solicitor General of India Tushar Mehta, who was representing the Chandigarh administration, and said, “Mr Solicitor, he (Mr Masih) will have to be prosecuted. He is interfering in the election process.”

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Esconet Technologies IPO Date, Review, Price, Allotment

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  • Asconet Technologies IPO Details: Asconet Technologies IPO date has been finalized, the IPO will open on 16th February and close on 20th February. Asconet Technologies is an NSE SME IPO which will raise Rs 28.22 crore through IPO. The price band of Asconet Technologies IPO has been fixed at ₹80 to ₹84 with a market lot of 1600 shares.
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  • Asconet Technologies IPO Review
    Asconet Technologies IPO Date and Price Band Details
    Asconet Technologies IPO Market Lot
    Asconet Technologies IPO Dates
    Asconet Technologies IPO Form
    Asconet Technologies Company Financial Report
    Asconet Technologies IPO Valuation – FY2023
    peer group
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    Asconet Technologies Private Limited, established in 2012, is engaged in the business of catering to a wide range of IT requirements such as high-end supercomputing solutions, data center facilities, storage servers, network security, virtualization and data security. Their comprehensive solutions meet the needs of SMEs, large enterprises and public sector customers. Additionally, Esconet extends its capabilities in the cloud services domain through its wholly owned subsidiary ZeaCloud Services, ensuring its customers have access to cutting-edge technology and a seamless IT infrastructure experience.
    Asconet offers a robust suite of server solutions carefully designed to meet the diverse and evolving needs of enterprises. These solutions include state-of-the-art hardware configurations, seamless networking, and secure storage options, providing businesses a reliable foundation to build on. Moving forward with the data-driven era, Asconet goes beyond traditional server services and systematically integrates machine learning tools and artificial intelligence into its portfolio.
  • Asconet provides a wide range of systems integration services that include total IT solutions including hardware, network and software implementation. Keeping in mind the customer requirements, Asconet also provides tailor-made services that will suit the operational needs and objectives of their respective customers.
    Objectives of the issue:
    Working capital requirement of the company
    Investment in a wholly owned subsidiary, viz. ZCloud Services Private Limited, to fund its capital expenditure expenditure
    general corporate expenses
    Asconet Technologies IPO Review
    may apply
    Asconet Technologies IPO Date and Price Band Details
    IPO opens: February 16, 2024IPO closes: February 20, 2024
    IPO size: Approximately ₹28.22 crore, 3,360,000 equity shares
    Face value: ₹10 per equity share
    IPO price band: ₹80 to ₹84 per equity share
    IPO Listing: NSE SME
    Retail Quota: 35% of net offer
    QIB Quota: 50% of net offer
    NII Quota: 15% of net offer
    Asconet Technologies IPO Market Lot
    The minimum market lot of Asconet Technologies IPO is 1600 shares with application amount of ₹134,400.
  • Application Lot Size Share Amount
    Retail Min 1 1600 ₹134,400
    Retail Max 1 1600 ₹134,400
    S-HNI Minimum 2 3200 ₹268,800
    Asconet Technologies IPO Dates
    Asconet Technologies IPO date is 16th February and IPO closing date is 20th February. The IPO allotment date is 21st February and the IPO may get listed on 23rd February.
  • IPO opening date: February 16, 2024
    IPO closing date: February 20, 2024
    Basis of allotment: February 21, 2024
    Refund: February 22, 2024
    Credit to demat account: February 22, 2024
    IPO Listing Date: February 23, 2024
    You can check IPO subscription status and IPO allotment status on their respective pages.

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Atmastco IPO Opens Today: Check Subscription Status, GMP Today

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Atmastco IPO: Check Subscription Status, GMP Today.

Atmastco IPO: The initial public offering of engineering, procurement and construction firm Atmastco Ltd, which opened for public subscription on Thursday, February 15, has been fully subscribed. As of 4:06 pm on the first day of bidding, the Rs 56.25 crore SME IPO was subscribed 1.03 times, generating bids for 71,42,400 shares against the offer of 69,39,200 shares.

The IPO will remain open till 20 February.

The retail category has received subscription 1.78 times and the non-institutional quota has received 0.27 times subscription.

The allotment of Atomastco IPO will take place on February 21, while its listing will take place on February 23, 2024 on both NSE SME.

atomastco ipo gmp today

According to market observers, unlisted shares of Atmastco Ltd are trading at Rs 33 higher in the gray market than their issue price. The gray market premium or GMP of Rs 33 means the gray market is expecting 42.86 per cent listing profit from the public issue. GMP is based on market sentiments and keeps changing.

The ‘grey market premium’ refers to the willingness of investors to pay more than the issue price.

Atomastco IPO Details

According to a statement, the Atmastco IPO is a combination of a fresh issue of 54.8 lakh equity shares and an offer for sale (OFS) of 18.25 lakh shares with a fixed price of Rs 77 per share. At this price, the company will raise Rs 42.2 crore through fresh issue and Rs 14.06 crore through OFS. The proceeds from the fresh issue will be used primarily to finance the working capital requirements of the company. Additionally, some amount will be used for repayment of loans and general corporate purposes. The first public issue will open for subscription on February 15 and close on February 20.

It will raise a little over Rs 56 crore through an initial public offering that will open for subscription on February 15. After the completion of the initial public offering (IPO), the shares of the Bhilai-headquartered company will be listed on the National Stock Exchange. Small and Medium Enterprises (SME) Platform – NSE Emerge.
The Chhattisgarh-based company has ongoing projects worth more than Rs 720 crore. Investors can apply for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter. Affinity Global Capital Markets Private Limited is the sole lead manager of the public offering.

(The story has been updated with the latest subscription and GMP data as of 4:06 p.m.)