Page 13 - Latest Updates on IPO
Weak demand: Syrma SGS Technology IPO subscribed 2.27 times
The qualified institutional buyer portion was subscribed 71 per cent. Retail and the two categories meant for high networth individuals garnered over three times subscription
 "Weak demand: Syrma SGS Technology IPO subscribed 2.27 times")
Blackstone to sell Sona BLW's shares worth nearly Rs 4,000 cr on Thursday
About 13.6% stake in Sona BLW Precision Forgings is likely to be sold via block deals on Thursday
 "Blackstone to sell Sona BLW's shares worth nearly Rs 4,000 cr on Thursday")
Domestic module manufacturer Vikram Solar gets Sebi nod to launch IPO
The firm produces solar photo-voltaic modules and is an integrated solar energy solutions provider offering EPC services, and operations and maintenance services
 "Domestic module manufacturer Vikram Solar gets Sebi nod to launch IPO")
Fairfax-backed general insurance firm Go Digit files DRHP for IPO
Unicorn will be first general insurer to be listed on the bourses in five years
 "Fairfax-backed general insurance firm Go Digit files DRHP for IPO")
Syrma SGS Technology IPO: Issue subscribed 92% on Day 2 of bidding
The offer got bids for 2,62,69,148 shares against 2,85,63,816 shares on offer, according to the NSE data.
Top headlines: WPI inflation eases to 5-month low; Go Digit files for IPO
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the Amul brand, on Tuesday increased prices of its Gold, Taaza and Shakti milk brands by Rs 2 per litre.
 "Top headlines: WPI inflation eases to 5-month low; Go Digit files for IPO")
Fairfax group-backed Digit Insurance files draft papers for India IPO
India's Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, has filed for an initial public offering, papers submitted to the market regulator showed on Tuesday.
 "Fairfax group-backed Digit Insurance files draft papers for India IPO")
Balaji Solutions files draft papers with Sebi to raise funds via IPO
IT hardware and mobile accessories firm Balaji Solutions has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
 "Balaji Solutions files draft papers with Sebi to raise funds via IPO")
Syrma SGS Technology subscribed 37% on the first day of issue
Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares
 "Syrma SGS Technology subscribed 37% on the first day of issue")
Balaji Speciality Chemicals files papers with Sebi to raise funds via IPO
Balaji Speciality Chemicals has filed preliminary with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
Zomato's weightage in FTSE indices to rise to 24.9% from August 11
Shares of Zomato gained 2 per cent to close at Rs 55.6
 "Zomato's weightage in FTSE indices to rise to 24.9% from August 11")
Sebi puts Warburg Pincus-backed Biba Fashion's IPO in 'abeyance'
As part of the OFS, promoter Meena Bindra and private equity investors Warburg Pincus-backed Highdell Investment and Faering Capital India Evolving Fund are proposing to offload shares
 "Sebi puts Warburg Pincus-backed Biba Fashion's IPO in 'abeyance'")
Why Zomato's pre-public offer investors are rushing to the exit door
Though stock has crashed 65% from peak, most pre-IPO investors are in-the-money even at beaten-down valuations
Why the Hong Kong-based $200 billion AMTD Digital stock is no GameStop
AMTD Digital Inc. has risen 14,000% since listing in New York, giving it a market value of more than $470 billion at one point this week
 "Why the Hong Kong-based $200 billion AMTD Digital stock is no GameStop")
26-yr-old winemaker Sula to test Indian IPO market after tech unicorns flop
Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India's small but rapidly growing wine market
 "26-yr-old winemaker Sula to test Indian IPO market after tech unicorns flop")
Adani Capital planning IPO as soon as 2024 at $2-bn valuation: CEO
The Gautam Adani-backed NBFC is planning to raise at least Rs 1,500 cr through IPO, says MD & CEO Gaurav Gupta
 "Adani Capital planning IPO as soon as 2024 at $2-bn valuation: CEO")
Family offices bet bigger on start-ups, opt for direct investments
Direct investment or co-investing with Indian VC/PE funds in companies is increasingly catching up
 "Family offices bet bigger on start-ups, opt for direct investments")
Zomato slumps 11%, closes at new low of Rs 47.55 as one-yr IPO lock-in ends
Nearly Rs 1,300 crore worth of shares changed hands in the counter - six times more than its six-month average
 "Zomato slumps 11%, closes at new low of Rs 47.55 as one-yr IPO lock-in ends")
Go First likely to raise money via IPO to manage financial crisis: Report
As per latest available financials, the airline reported a loss of Rs 923 crore during April-September 2021 though its total revenue rose by 105 per cent to Rs 1,202.90 crore during the same period.
 "Go First likely to raise money via IPO to manage financial crisis: Report")
Sai Silks files IPO draft papers with Sebi; eyes up to Rs 1,200 cr
Ethnic apparel retailer Sai Silks (Kalamandir) Limited has filed preliminary papers with capital markets regulator Sebi to raise as much as Rs 1,200 crore through an initial public offering (IPO).
 "Sai Silks files IPO draft papers with Sebi; eyes up to Rs 1,200 cr")
