Page 15 - Latest Updates on IPO
Stock market volatility to impact India Inc's fundraising plans: Analysts
Rising interest rates, too, do not augur well for corporate India as they will make raising money via debt expensive
 "Stock market volatility to impact India Inc's fundraising plans: Analysts")
Most analysts positive on Nykaa as firm takes rollercoaster ride after IPO
However, there is a significant variance in valuations, ranging from Rs 1,300 to Rs 1,730
 "Most analysts positive on Nykaa as firm takes rollercoaster ride after IPO")
Skincare start-up Mamaearth eyes $3 bn valuation in 2023 IPO: Report
Company, popular in India with its range of 'toxin-free' products last valued at $1.2 bn.
 "Skincare start-up Mamaearth eyes $3 bn valuation in 2023 IPO: Report")
TMSEp198: Bird strike on planes, ex-servicemen jobs, markets, IPO vs FPO
What can be done to prevent bird hits on planes? How have ex-servicemen fared in finding govt jobs? Is there a silver lining for the markets? How is an IPO different from FPO? All answers here
 "TMSEp198: Bird strike on planes, ex-servicemen jobs, markets, IPO vs FPO")
What is the difference between an IPO and FPO?
An initial public offer (IPO) and a follow-on public offer (FPO) are two types of public issues available to investors. Here is a breakdown of the differences between the two.
 "What is the difference between an IPO and FPO?")
Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO
The IPO comprises fresh issuance of equity shares worth Rs 370 crore and an offer-for-sale of equity stocks aggregating to Rs 370 crore by promoter Inox Wind
 "Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO")
India Exposition Mart gets Sebi's go ahead to float Rs 600-cr IPO
Going by the draft papers, the company may consider a private placement of equity shares aggregating up to Rs 75 crore. If such pre-IPO placement is undertaken, the fresh issue size will be reduced.
 "India Exposition Mart gets Sebi's go ahead to float Rs 600-cr IPO")
 "Stitched Textiles Limited files IPO upto Rs. 200 Crore with SEBI")
IIFL Home Finance looks to raise Rs 5,000 cr via direct assignment
Firm to scale up funding to developers, especially those complying with green finance norms
 "IIFL Home Finance looks to raise Rs 5,000 cr via direct assignment")
Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming
DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr
 "Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming")
PhonePe prepping for IPO; seeks valuation of $8 bn-$10 bn: Report
Also, the company has initiated plans to move its registered holding entity from Singapore to India, underlining its 'made in India' credentials.
 "PhonePe prepping for IPO; seeks valuation of $8 bn-$10 bn: Report")
Ahmedabad-based Nandan Terry scraps IPO plans; withdraws draft papers
Nandan Terry, part of the Chiripal group, has decided to withdraw its Rs 255-crore initial public offering (IPO).
Foxconn's Bharat FIH gets Sebi nod to raise Rs 5,000 crore through IPO
The initial share-sale of Bharat FIH comprises fresh issue of shares worth Rs 2,502 crore and an offer for sale of up to Rs 2,502 crore by promoter group and Foxconn unit Wonderful Stars
 "Foxconn's Bharat FIH gets Sebi nod to raise Rs 5,000 crore through IPO")
For the Modi government disinvestment hasn't been about earning money
The Modi government has earned twice as much from disinvestment as all previous governments combined have since 1991
At 1.27 lakh, OYO sees highest daily bookings in May as travel surge builds
Yatra, Booking.com, Ixigo also see business uptick as travel picks up
 "At 1.27 lakh, OYO sees highest daily bookings in May as travel surge builds")
Alibaba's stock slips as big hopes on Ant IPO revival quickly fade
Shares of the e-commerce giant shot up as much as 7% earlier after a Bloomberg News report that China's financial regulators have established a team to assess the fintech giant's share sale plans.
 "Alibaba's stock slips as big hopes on Ant IPO revival quickly fade")
Start-up leaders reap pre-IPO windfall, never mind post-listing fate
Delhivery, Paytm, Zomato, Policybazaar saw a sharp spike in the packages of 'key management personnel' in the year they filed their RHP
 "Start-up leaders reap pre-IPO windfall, never mind post-listing fate")
Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank
It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers
 "Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank")
Tuticorin-based Tamilnad Mercantile Bank gets Sebi's nod to float IPO
Going by the draft papers, the bank proposes to utilise the net proceeds from the fresh issue towards augmenting its Tier-I capital base to meet its future capital requirement
 "Tuticorin-based Tamilnad Mercantile Bank gets Sebi's nod to float IPO")
Murthy advises start-ups not to see IPOs as 'surrogate' for a funding round
Says that isn't a good thing as an IPO comes with great responsibilities; points to pressure from VCs as a reason for IPO move by companies
 "Murthy advises start-ups not to see IPOs as 'surrogate' for a funding round")
