Category: IPO Allotment Status

Incorporated in 1998, SBI Cards and Payment Services Limited is a subsidiary of SBI, India’s largest commercial bank in terms of deposits, advances and the number of branches. SBI currently holds (along with its nominees) 689,927,363 Equity Shares, constituting to 74.00 % of the pre-Offer issued, subscribed and paid-up Equity Share capital of the Company.The company the 2nd largest credit card issuer in the country, with a 17.6% and 18.1% market share of the Indian credit card market (number of credit cards) as of March 31, 2019, and November 30,…

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Incorporated in 1987, Mumbai based Prince Pipes and Fittings Limited is engaged in manufacturing of polymer pipes and fittings. The company produces four types of polymer pipes including CPVC, UPVC, HDPE, PPR and three different polymer fitting types CPVC, PPR, and UPVC. It is operating in the polymer pipe segment under two brand names; which are Trubore and Prince Piping Systems. The company has a corporate office in Mumbai and a strong presence across North, South and West India.Prince Pipes provides an end to end solutions across a wide product…

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Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country. USFB Bank is promoted by Ujjivan Financial Services Limited (UFSL) which is an NBFC providing financial services to the economically active poor, who are not served by the Financial Institutions. UFSL offers small size loan products to economically poor women, individual loans to Micro and Small Enterprises (MSEs). It follows the integrated lending approach where the company considers technology infrastructure and…

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CSB Bank Ltd Incorporated in 1920 and formerly known as Catholic Syrian Bank. CSB is one of the oldest private sector banks in India. The bank has a significant presence in Kerala, Karnataka, Tamil Nadu and Maharashtra. CSB Bank Ltd has four business areas, which are: SME Banking Wholesale Banking Retail Banking Treasury Operations Wholesale Banking: Competitive Strengths Strong network and well-known brand in South India.Significant capital base.Established SME business model.Major portion of gold loans in portfolio.Prudent risk management controls, policies, and procedures. CSB Bank IPO Details Issue Type Book…

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Incorporated in 1999, state-owned Indian Railway Catering and Tourism Corporation Limited (IRCTC) is a wholly-owned subsidiary of Indian Railways. IRCTC handles tourism, catering, online ticket booking services and provides packaged drinking water in trains and at railway stations in the country. It was conferred as a Mini-Ratna or Category-I Public Sector Enterprise by the Indian Government in 2008.The company website (www.irctc.co.in) is one of the most transacted websites in the Asia-Pacific region. As on 31st Aug 2019, around 1.40 million travelled on Indian Railways and more than 0.84 million passengers booked ticket…

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Vishwaraj Sugar Industries Limited (VSL) Incorporated in 1995, Karnataka-based is engaged in manufacturing of sugar and other allied products. The other allied products manufactured by the company are Extra-Neutral Spirits, Vinegar, Rectified Spirits, Indian Made Liquor, Carbon dioxide (CO2), and Compost. VSL generates power from sugars byproducts for captive consumption and commercial sale. Broadly, the business of the company can be divided into five categories, which are Vinegar, Indian Made Liquor (IML), Co-Generation, Distillery, and Sugar. Products of the company such as rectified spirit, ethanol and extra neutral spirit come…

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Vishwaraj Sugar Industries Limited (VSL) Incorporated in 1995, VSL is Karnataka-based and engaged in manufacturing of sugar and other allied products. The other allied products manufactured by the company are Extra-Neutral Spirits, Vinegar, Rectified Spirits, Indian Made Liquor, Carbon dioxide (CO2), and Compost. Company is also generate power from sugars byproduct for captive consumption and commercial sale. Broadly, the business of the company can be divided into five categories, which are Vinegar, Indian Made Liquor (IML), Co-Generation, Distillery, and Sugar. The products of the company such as rectified spirit, ethanol…

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Spandana Sphoorty Financial Ltd Incorporated in 2003, is a rural area-focused NBFC-Microfinance Institution. Mrs. Reddy is a founder, MD, and promoter of the company. It is engaged in offering small-ticket unsecured loans to help the women in the low-income bracket in rural and urban areas. The company provides income generation loans, business loans, and loans against gold jewelry.Spandana has a presence across 15 states in India with 4,045 employees and 694 branch network. By offering loan products to low-income households, the company is strengthening the socio-economic condition and improving their…

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Sterling & Wilson Solar Limited (SWSL) Incorporated in 2017, Mumbai based is engaged in providing solar engineering, procurement, and construction (EPC) solutions to the end-users. SWSL is focused on utility-scale solar power projects and manages the solar projects from conceptualizing to commissioning. It provides operations and maintenance (O&M) services for the 3rd party projects as well. It was previously named Rashmika Energy Private Limited. The company started its operation as a Solar EPC Division of SWPL in 2011 and demerged on April 1, 2017. According to IHS Markit, the company…

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Affle (India) Limited Incorporated in 2005, is a mobile marketing firm offering Consumer and Enterprise Platforms. The platform is built to mitigate digital ad fraud, assisting consumer privacy expectations, and improve returns on marketing expenses by delivering mobile ads.The advertising agencies of business-to-consumer (B2C) companies use the consumer platform across different industries. The list of industries includes telecom, fin-tech, e-commerce, retail, FMCG companies, and media.Affle uses user-intent indicators based on transactional data, marketing attribution, and behavioral signals. Based on such information, the company predicts the likely interest of the user.…

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