Page 10 - Latest Updates on IPO
Electronics Mart India IPO to open on Oct 4; price band at Rs 56-59/share
Consumer durables retail chain Electronics Mart India Ltd on Wednesday said it has fixed a price band of Rs 56-59 a share for its Rs 500 crore initial public offering (IPO)
 "Electronics Mart India IPO to open on Oct 4; price band at Rs 56-59/share")
Porsche IPO poised to price at top end of range, say bookrunners
Volkswagen, Europe's largest carmaker and Porsche's owner, said earlier this month it would price preferred shares at 76.50-82.50 euros, giving a valuation of up to 75 bn euros
 "Porsche IPO poised to price at top end of range, say bookrunners")
IPO watch: Companies taking longer to go public after Sebi approval
The stock market regulator usually attempts to respond to IPO documents in 30 days
 "IPO watch: Companies taking longer to go public after Sebi approval")
Harsha Engineers soars 47% on debut after strong demand for shares in IPO
At the last close, the company was valued at Rs 4,424 crore
 "Harsha Engineers soars 47% on debut after strong demand for shares in IPO")
Sensex falls 954 pts, Nifty below 17,050 amid growth concerns; IT stocks up
CLOSING BELL: In the broader markets, the BSE MidCap index fell 2.85 per cent, and the BSE Smallcap index declined 3.33 per cent
 "Sensex falls 954 pts, Nifty below 17,050 amid growth concerns; IT stocks up")
China EV maker Leapmotor set to raise $800 mn in Hong Kong IPO: Report
While that is less than the $1.03 bn the EV maker had said it was aiming to raise in its regulatory filings last week, the IPO would still be Hong Kong's largest this year
 "China EV maker Leapmotor set to raise $800 mn in Hong Kong IPO: Report")
Shareholding gaffe at Glenmark Life: Focus shifts to Sebi new rules
Company promoters bought shares even when they held more than 75 per cent
 "Shareholding gaffe at Glenmark Life: Focus shifts to Sebi new rules")
Sebi likely to step up disclosure norms for IPOs of new-age companies
Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar
SoftBank cuts valuation of IPO-bound Oyo by 20% to $2.7 bn: Report
'We are confident that the speculations about valuation markdown are patently incorrect,' an OYO spokesperson said in a statement
 "SoftBank cuts valuation of IPO-bound Oyo by 20% to $2.7 bn: Report")
Sula Vineyards eyes double-digit revenue growth in next five years
The company has filed its draft prospectus with Sebi and is awaiting approval for its IPO
 "Sula Vineyards eyes double-digit revenue growth in next five years")
How ASBA will benefit investors trading via non-bank-backed brokerages
The Sebi has embarked upon an ambitious plan to implement an IPO-like payment system for secondary market trading
 "How ASBA will benefit investors trading via non-bank-backed brokerages")
Sebi working on new ASBA-like payment system for secondary trades: Buch
Sebi's planned move could upend Rs 30,000-crore broking industry
ASBA for secondary market in the works: Sebi chairperson Madhabi Puri Buch
Regulator not against algo trading but businesses 'cannot be a black box', she says
 "ASBA for secondary market in the works: Sebi chairperson Madhabi Puri Buch")
Regulatory changes on Sebi plate: Here's a list of key discussion papers
Continuing with its consultative approach, the markets regulator, over the past one year has floated a number of discussion papers in areas such as IPO pricing, retail algo, and pricing of share sales
Inox Green Energy gets Sebi's go ahead to launch Rs 740-cr IPO
The IPO will comprise fresh issuance of equity shares worth Rs 370 cr and an offer-for-sale of equity stocks aggregating to Rs 370 cr by promoter Inox Wind, according to the DRHP
 "Inox Green Energy gets Sebi's go ahead to launch Rs 740-cr IPO")
Sebi puts Fairfax Group-backed Go Digit's IPO in 'abeyance'
Go Digit had filed preliminary IPO papers with the capital markets regulator on August 17.
 "Sebi puts Fairfax Group-backed Go Digit's IPO in 'abeyance'")
Boost for Europe market as Porsche IPO to raise up to $9.4 bn for parent VW
Porsche isn't alone in scaling back valuation targets, with Intel Corp. lowering expectations for its Mobileye IPO
 "Boost for Europe market as Porsche IPO to raise up to $9.4 bn for parent VW")
ByteDance to buy back $3-billion shares after IPO stalls, says report
The offered price per share of just under $177 gave the company an implied valuation of $300 billion
 "ByteDance to buy back $3-billion shares after IPO stalls, says report")
Mankind Pharma files for IPO, could be second largest among pharma firms
The offer for sale is expected to be anywhere between Rs 5000-5500 crore, say sources
Harsha Engineers most subscribed IPO this calendar year with 75x mop up
Enthused by the 40% grey market premium, investors have placed bids worth more than Rs 40,000 crore on the offer
