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What is IPO
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Latest Updates on IPO
Stock Market LIVE: Sensex stuck in range; Vedanta Power.
Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.27 per cent and 0.16 per cent, respectively
 "Stock Market LIVE: Sensex stuck in range; Vedanta Power.")
AI-led IPOs may add up to $100 billion to India's market-cap: Goldman Sachs
The investment bank estimates that 25-50 per cent of nearly 70 mid-to-late-stage private AI companies could go public in the next two to five years.
Jefferies calls NSE IPO the final piece in India's exchange troika
The listing will see NSE join the BSE, and Multi Commodity Exchange of India (MCX), both of which are already publicly traded, bringing all three major exchange operators onto Dalal Street
Stock Market Live: Sensex, Nifty end flat as gains in PSU Banks offset losses in FMCG shares
Sensex Today | Stock Market Highlights, Sept 23: On the sectoral front, the Nifty FMCG index shed 1.3 per cent; while PSU Bank and Metal indices gained 1 per cent each on Tuesday.
 "Stock Market Live: Sensex, Nifty end flat as gains in PSU Banks offset losses in FMCG shares")
BFSI: Has Gift City IFSC truly arrived? Experts debate at BS BFSI Summit
At Business Standard's BFSI Summit, experts discussed the progress of GIFT City IFSC and the upcoming prospects
 "BFSI: Has Gift City IFSC truly arrived? Experts debate at BS BFSI Summit")
Aeroflex Industries files draft papers to raise Rs 350 crore through IPO
Pantomath Capital Advisors is the sole book-running lead manager to the issue. The company's equity shares are proposed to be listed on the BSE and NSE
 "Aeroflex Industries files draft papers to raise Rs 350 crore through IPO")
Short & sweet: Reduced IPO timeline to boost investor participation
Faster fund release will allow retail investors to apply for multiple issues, say experts
Test1 - We continue to hold 30% in Manipal Health: Manipal group chairman
In a Q&A, Dr Ranjan Pai also confirms that Manipal Health will look for a listing going forward
 "Test1 - We continue to hold 30% in Manipal Health: Manipal group chairman")
Go Digit General Insurance re-files preliminary IPO papers with Sebi
This came after Sebi returned Go Digit's draft IPO (Initial Public Offering) papers on January 30 and asked the company to refile the documents with certain updates
IPO of Avalon Technologies subscribed 2.21 times on final day of offer
The offer comprised new shares worth Rs 320 crore and an offer for sale component of Rs 545 crore
 "IPO of Avalon Technologies subscribed 2.21 times on final day of offer")
ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24
Pegs capital need at Rs 1,000 cr for three years
 "ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24")
Avalon Tech, largest IPO so far this calendar year, subscribed 8% on day-2
Issue closes tomorrow; firm had allotted shares worth Rs 389 cr to anchor investors Nomura Trust, Ashoka India Opportunities Fund, Goldman Sachs and Neuberger Berman
 "Avalon Tech, largest IPO so far this calendar year, subscribed 8% on day-2")
Avalon Technologies' IPO gets subscribed 9% on second day of offer
The IPO comprises a fresh issue of aggregating Rs 320 crore and an offer for sale of up to Rs 545 crore by promoters and existing shareholders
 "Avalon Technologies' IPO gets subscribed 9% on second day of offer")
Cyient rejigs top leadership, appoints Karthik Natarajan as CEO
The company has elevated executive director (ED) and Chief Operating Officer Karthik Natarajan as ED and CEO
 "Cyient rejigs top leadership, appoints Karthik Natarajan as CEO")
Mankind Pharma plans to brand medicines with API quality assurance
Firm to hit markets this year, to raise over Rs 4,000 cr
 "Mankind Pharma plans to brand medicines with API quality assurance")
IPO only after achieving overall profitability: PhonePe CEO Sameer Nigam
We have raised $650 million as part of PhonePe's ongoing fundraise of up to $1 billion, said Sameer Nigam, CEO and founder of PhonePe
 "IPO only after achieving overall profitability: PhonePe CEO Sameer Nigam")
IPO of Avalon Technologies subscribed 3% on first day of issue
The retail investor portion of the issue was subscribed 16 per cent
Street Signs: Covid trot to winning run, Avalon Tech's premium, and more
Banking stocks outperformed in the just-concluded financial year (2022-23), with the sectoral gauge gaining 12 per cent, against a 0.6 per cent decline in the benchmark National Stock Exchange Nifty
 "Street Signs: Covid trot to winning run, Avalon Tech's premium, and more")
Oyo pre-files DRHP with Sebi, cuts issue size to $400-600 million
The DRHP was filed under the confidential pre-filing route with a reduced issue size of $400-600 million, all of which will be raised through a primary issuance, in a bid to repay the firm's debt
 "Oyo pre-files DRHP with Sebi, cuts issue size to $400-600 million")
Byju's-backed Aakash expecting to cross Rs 3,000 cr in revenues this year
Byju's acquired AESL in 2021 for about $1 billion. Since then, Byju's said AESL's revenue and profits tripled
 "Byju's-backed Aakash expecting to cross Rs 3,000 cr in revenues this year")