IPO Today: Top Updates on Dhanlaxmi, Jungle Camps, and Toss The Coin IPOs
Dhanlaxmi Crop Science IPO
Dhanlaxmi Crop Science Ltd. focuses on developing, producing, and selling seeds for various crops and vegetables using technology-driven methods. They aim to create high-yield, pest-resistant varieties.
The primary objectives of the issue are to meet working capital requirements, cover issue-related expenses, and address general corporate purposes.
Dhanlaxmi Crop Science IPO: Day 2 Subscription Status
(December 10, 2024, 01:17:59 PM)
- The Dhanlaxmi Crop Science IPO garnered significant interest on the second day of bidding, December 10, 2024, with an overall subscription of 38.28 times.
- The retail investors' category led the demand with a subscription of 59.51 times,
- Followed by non-institutional investors (NII) at 32.56 times,
- While qualified institutional buyers (QIB) subscribed 1.32 times.
Dhanlaxmi Crop Science IPO Details
- Amount Raising Through IPO: Rs 23.8 crore
- Price Band: Rs 52 to Rs 55 per share
- IPO Opening and Closing Date: Monday, December 9 to December 11, 2024
- Allotment Date: December 12, 2024
- Listing Date: December 16, 2024, on the NSE SME platform Emerge
Jungle Camps India IPO
Jungle Camps India Ltd., established in 2002, operates wildlife camps and hotels with a focus on conservation-focused hospitality. The company owns and operates 87 rooms across four luxury wilderness resorts located within national parks and reserves in Madhya Pradesh and Maharashtra.
They plan to use the IPO proceeds for capital expenditure on projects in Sanjay Dubri National Park and renovations in Pench National Park, investments in a subsidiary for a hotel project in Mathura, and general corporate purposes.
Jungle Camps India IPO: Day 1 Subscription Status
(December 10, 2024, 01:19:10 PM)
- The Jungle Camps India IPO achieved an overall subscription of 18.30 times on the second day of bidding, December 10, 2024.
- The retail investors' category saw the highest participation, with a subscription of 31.30 times,
- Followed by non-institutional investors (NII) at 12.40 times.
- However, qualified institutional buyers (QIB) subscribed only 0.01 times.
Jungle Camps India IPO Details
- Amount Raising Through IPO: Rs 29.42 crore
- Price Band: Rs 68 to Rs 72 per share
- IPO Opening and Closing Date: December 10 to December 12, 2024
- Allotment Date: December 13, 2024
- Listing Date: December 17, 2024, on the BSE SME platform
Toss The Coin IPO
Toss The Coin Ltd. is a marketing consulting firm specializing in customized solutions for clients, particularly B2B tech companies. Their services range from branding and content development to social media campaigns and design thinking workshops.
The company intends to utilize the net proceeds of the issue for funding capital expenditure related to the development of a microservices application, establishing new offices, meeting working capital requirements, and addressing general corporate purposes.
Toss The Coin IPO: Day 1 Subscription Status
(December 10, 2024, 01:23:08 PM)
- On the second day of bidding, December 10, 2024, the Jungle Camps India IPO achieved an overall subscription of 45.07 times.
- Retail investors demonstrated the strongest interest, with a subscription rate of 78.28 times,
- Followed by non-institutional investors (NII) at 27.28 times.
- However, qualified institutional buyers (QIB) subscribed only 0.01 times so far.
Toss The Coin IPO Details
- Amount Raising Through IPO: Rs 9.17 crore
- Price Band: Rs 172 to Rs 182 per share
- IPO Opening and Closing Date: December 10 to December 12, 2024
- Allotment Date: December 13, 2024
- Listing Date: December 17, 2024, on BSE SME
Disclaimer: Investing in SME IPOs involves a high degree of risk. Such investments may be suitable only for investors with a high-risk tolerance and the ability to bear potential losses. Perform thorough due diligence and consult a financial advisor before investing. Invest wisely and at your own discretion.