IPOs/FPOs-Markets-The Economic Times - Seite 4 
Mom’s Belief operator files IPO papers with Sebi, to fund 319 new child therapy centres
Rays of Belief, operating under the Mom’s Belief brand, has filed its DRHP with Sebi for an IPO comprising a fresh issue of up to 52.30 lakh shares. The company provides personalised intervention plans for children with neurodevelopmental disorders. Since starting operations in 2018, it has expanded to 136 centres across 57 cities in 20 states and union territories, serving over 58,000 children.
Shankesh Jewellers IPO GMP: Shankesh Jewellers IPO saw strong subscription, with investors bidding for 7.74 crore shares. The company's financial performance showed significant profit growth in FY26. Proceeds will be used for debt repayment and working capital needs. The IPO is valued at 12.8x P/E, considered fairly priced by analysts. Investors are advised to focus on long-term growth prospects.
Gaja Alternative Asset Management IPO Day 2: GMP at 14%, Subscribed 86%: Should you subscribe?
The Rs 550 crore Gaja Alternative Asset Management IPO entered Day 2 with an 86% subscription rate and a 14% grey market premium. Brokerage Anand Rathi Research assigned a Subscribe - Long Term rating, citing the firm's strong profitability and long-standing track record.
Sunshine Pictures IPO Day 3: GMP points to 21% listing gain, issue subscribed 105 times
Sunshine Pictures IPO Day 3: Sunshine Pictures IPO received strong investor interest, achieving 105.81 times subscription on its final day. The issue is currently trading at a 21 percent premium in the grey market. The company plans to use IPO proceeds to strengthen working capital and for general corporate purposes. Sunshine Pictures is a content production firm with a diverse portfolio of films and series.
Horizon Industrial Parks IPO allotment expected today; GMP at 2% — Here’s how to check status
The IPO, which opened for subscription from August 17 to August 19, witnessed a decent response from investors. The issue was subscribed 1.45 times overall.