March 2021

Kalyan Jewellers IPO opens for subscription today: Should you subscribe?

Kerala-based jewellery company Kalyan Jewellers India opens its maiden public offer for bidding on March 16, with a price band of Rs 86-87 per share. The Rs 1,175-crore initial public offering (IPO) of Kalyan Jewellers India (KJIL) comprises of issuance of fresh equity up to Rs 800 crore and an offer for sale (OFS) worth Rs 375 crore. …

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Laxmi Organic Industries Limited IPO opens for subscription: Should you subscribe?

Laxmi Organic Industries IPO opens today. This chemical manufacturer is raising Rs 600 crore through an IPO. Should you bid for its shares? Here’s the full analysis to help you make up your mind. Incorporated in 1989, Laxmi Organic Industries Ltd is a specialty chemical manufacturer that operates in 2 business segments; Acetyl Intermediates (AI) and Specialty Intermediates (SI). …

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Easy Trip Planners Limited IPO opens for subscription: Should you subscribe?

Easy Trip Planners’ Rs 510 crore initial public offer (IPO) kicked off on Monday. The issue is entirely an offer for sale (OFS) by two promoters, who are offering Rs 255 crore worth of shares each, in the price band of Rs 186-187. The IPO is valued at 58.7 times the company’s FY20 earnings, and …

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IPO Review: MTAR Technologies Limited

MTAR Technologies IPO Review: What to do with MTAR Initial Public Offering (IPO) which opens today? Incorporated in 1999, MTAR Technologies is a leading national player in the precision engineering industry. The company is primarily engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, …

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