Platinum Industries IPO

2024 - 2 - 27

Platinum Industries IPO: A Shining Opportunity or a Risky Bet?

Exicom Tele Systems IPO Financial Markets - Investing - Platinum Industries IPO - Stock Market - Exicom Tele Systems IPO

Exciting updates on Platinum Industries IPO opening and subscription frenzy! Find out if this IPO is a gem or a gamble.

Platinum Industries IPO has sparked a wave of excitement as it opens today, offering a premium of ₹100 with an estimated listing price of ₹271 per share. Analysts are buzzing with recommendations to invest in this medium-cap IPO. The company, specializing in stabilizers, plans to use the net proceeds from the ₹235 crore IPO to expand to Platinum Stabilizers Egypt.

As the IPO subscription began on February 27, 2024, the market witnessed a surge in interest, with the issue subscribed 4.9 times. With a price band of ₹162-171, institutional and retail investors are eyeing this opportunity eagerly. The overwhelming response on the first day of opening indicates a potential oversubscription.

Additionally, the IPO company, Platinum Industries, has successfully raised Rs 71 crore from anchor investors in the chemical industry. Interestingly, no other listed company in the domestic market deals in PVC stabilizers and CPVC additives, setting Platinum Industries apart.

In a nutshell, the Platinum Industries IPO presents investors with a dilemma - subscribe or skip? The IPO has already created a buzz in the market with its robust subscription rate and unique business focus, making it a hot topic among investment circles.

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Image courtesy of "Livemint"

Platinum Industries IPO opens today: Check latest GMP ... (Livemint)

Platinum Industries IPO GMP indicates a premium of ₹100, with estimated listing price at ₹271 apiece. Analysts recommend investing in the IPO for medium ...

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Image courtesy of "CNBCTV18"

Platinum Industries IPO: Should you subscribe to this ₹235 crore ... (CNBCTV18)

platinum industries ipo: Stabilizer manufacturer Platinum Industries will use the net proceeds from the IPO to invest in Platinum Stabilizers Egypt, ...

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Image courtesy of "Business Today"

Platinum Industries IPO to open today: What brokerages say on the ... (Business Today)

Platinum Industries, which was incorporated in August 2016, specialises in producing stabilizers. The company manufactures PVC stabilizers, CPVC additives ...

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Image courtesy of "India Today"

Platinum Industries IPO: Subscribe or skip? (India Today)

The Platinum Industries IPO, valued at Rs 235.32 crores, comprises of fresh shares totaling 1.38 crore, with subscription starting on February 27, 2024, ...

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Image courtesy of "Moneycontrol.com"

Platinum Industries IPO: Issue subscribed 4.9 times; retail portion ... (Moneycontrol.com)

Platinum Industries IPO: The company is looking to raise Rs 235.32 crore through the offer, which is purely a fresh issue of 1.37 crore shares.

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Image courtesy of "The Hindu BusinessLine"

IPO screener: Platinum Industries IPO opens today - Price band of ... (The Hindu BusinessLine)

Platinum Industries IPO opens with a price band of ₹162-171, offering fresh shares for institutional and retail investors.

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Image courtesy of "Zee Business हिंदी"

Platinum Industries IPO खुलते ही ओवरसब्सक्राइब, हाथोंहाथ ले रहे ... (Zee Business हिंदी)

क्योंकि निवेशकों के पास 27 फरवरी से एक और IPO में निवेश का मौका है. कंपनी स्टेब्लाइजर्स बनाने का कारोबार करती है. इसके अलावा PVC ...

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Image courtesy of "Hindustan Times"

Exicom Tele-Systems, Platinum Industries IPOs open for ... (Hindustan Times)

Both public offers will close on February 29, and the issue size is ₹429 crore and ₹235 crore, respectively.

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Image courtesy of "Economic Times Hindi"

Platinum Industries IPO पहले दिन 3.5 गुना बुक हुआ, जीएमपी और अन्य ... (Economic Times Hindi)

इन्वेस्टरों की मांग के अनुरूप, कंपनी के शेयर अनलिस्टेड मार्केट में 102 रुपये के प्रीमियम के साथ कारोबार कर रहे हैं.

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Image courtesy of "Business Standard Hindi"

Platinum Industries IPO: कंपनी ने एंकर निवेशकों से जुटाए 71 करोड़ रुपये ... (Business Standard Hindi)

Platinum Industries केमिकल्स इंडस्ट्री में काम करती है। अभी घरेलू मार्केट में ऐसी कोई कंपनी लिस्टेड नहीं है, जो पीवीसी स्टैबलाइजर्स और ...

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Image courtesy of "NDTV Profit"

Platinum Industries IPO Subscription: Day 1 Live Updates (NDTV Profit)

The IPO, which was launched to raise up to Rs 235.3 crore, comprises a fresh issue of 1.37 crore shares and has allotted a pre-IPO placement of 9.1 lakh equity ...

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Image courtesy of "The Economic Times"

Platinum Industries IPO opens for subscription. Should you apply ... (The Economic Times)

Platinum Industries IPO received Rs 70.59 crore from anchor investors. Analysts recommend subscribing due to strong financial record. The company plans to ...

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Image courtesy of "India Today"

Platinum industries IPO day 1: Check latest subscription details, GMP (India Today)

Data from the stock exchanges showed that the IPO received bids for 7,75,29,006 shares against the offered 96,32,988 equity shares. The price range for the ...

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Platinum Industries IPO: Everything You Need to Know | Future ... (Zee Business)

Platinum Industries IPO will be open from today till 29th February, what is the future plan and business model of Platinum Industries?

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Platinum Industries IPO : पहले दिन निवेशकों का अच्छा रिस्पॉन्स, 8 गुना ... (मनी कंट्रोल)

Platinum Industries IPO : कंपनी ने इश्यू के लिए 162-171 रुपये प्रति शेयर का प्राइस बैंड रखा है। कंपनी का इरादा 235.32 करोड़ रुपये जुटाने का ...

Platinum Industries IPO subscribed 8.04 times | Capital Market News ... (Business Standard)

The offer received bids for 7.74 crore shares as against 96.32 lakh shares on offer.

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Image courtesy of "The Economic Times"

IPO: Platinum Industries CMD on IPO, sustaining financials, and ... (The Economic Times)

Platinum Industries' IPO brings confidence and success amidst market conditions. Expansion plans, sustainability, and innovation drive the company's ...

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Image courtesy of "The Hindu BusinessLine"

IPO screener: Platinum Industries issue attracts HNIs, retail investors (The Hindu BusinessLine)

Platinum Industries IPO sees strong response from investors, priced at ₹162-171 per share, with proceeds for expansion.

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Image courtesy of "NDTV Profit"

Platinum Industries IPO Subscription: Day 2 Live Updates (NDTV Profit)

The IPO, which was launched to raise up to Rs 235.3 crore, comprises a fresh issue of 1.37 crore shares. The company has allotted a pre-IPO placement of 9.1 ...

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Image courtesy of "Business Today"

Platinum Industries IPO subscribed 13.35 times on Day 2 so far; NIIs ... (Business Today)

Platinum Industries is selling its shares in the price band of Rs 162-171 apiece. Investors can apply for a minimum of 87 shares and its multiples ...

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Image courtesy of "Livemint"

Platinum Industries IPO Day 2: Issue subscribed over 13 times so far ... (Livemint)

Platinum Industries IPO, worth ₹235.32 crore, is a fresh issue. Platinum IPO GMP is +100, indicating a premium of ₹100 in the grey market.

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Image courtesy of "Zee Business हिंदी"

Platinum Industries IPO: दूसरे दिन अब तक 14 गुना भरा, 29 फरवरी को हो ... (Zee Business हिंदी)

स्टेब्लाइजर्स बनाने वाली कंपनी Platinum Industries के IPO को जबरदस्त रिस्पांस मिल रहा. दूसरे दिन दोपहर 1 बजे तक इश्यू करीब 15 फीसदी ...

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Image courtesy of "प्रभात खबर"

Platinum Industries IPO का बाजार में जबरदस्त क्रेज (प्रभात खबर)

Platinum Industries IPO: कंपनी की कोशिश बाजार से ₹235.32 करोड़ रुपये जमा करने की है. इसमें पूरी तरह से फ्रेस शेयर शामिल होंगे.

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