Page 19 - Latest Updates on IPO
Campus garners 37% topline from online sales in first nine months of FY22
The Delhi-based firm is launching its Rs 1,400-crore Initial Public Offering (IPO) through the offer for sale route on Tuesday at a price band of Rs 278-292 per share
 "Campus garners 37% topline from online sales in first nine months of FY22")
Valuation of IPO-bound LIC based on global peers' m-cap, return prospects
The government believes LIC's valuation would surge, following the insurer's lisiting
 "Valuation of IPO-bound LIC based on global peers' m-cap, return prospects")
Rainbow Children's Medicare IPO to open on April 27: Check details here
The issue opens April 27 and closes April 29, anchor investors can bid on April 26
 "Rainbow Children's Medicare IPO to open on April 27: Check details here")
No performance riders on ESOP grants to founders of India's new-age firms
Experts question why such endowments in India's new-age companies are not comprehensively linked with performance targets
 "No performance riders on ESOP grants to founders of India's new-age firms")
Pantomath Group launches Rs 500 cr pre-IPO fund in maiden closed-end series
The fund has garnered 25% of target corpus. Simultaneous to the first closing, the fund has confirmed to have made its first investment as well
 "Pantomath Group launches Rs 500 cr pre-IPO fund in maiden closed-end series")
Godavari Biorefineries says will launch over Rs 700-cr IPO 'at right time'
Godavari Biorefineries Ltd CEO and Managing Director Samir Somaiya told PTI that the company has already received the market regulator Sebi's final approval for its initial public offering (IPO)
Campus shoes IPO expected to hit in May; company to expand distribution
Campus Activewear plans to expand its distribution network and deepen its footprints in western and southern regions
Jewellery retailer Senco Gold files Rs 525-cr IPO papers with Sebi
Jewellery retailer Senco Gold Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 525 crore through an initial public offering (IPO).
 "Jewellery retailer Senco Gold files Rs 525-cr IPO papers with Sebi")
Jewellery retail chain Senco plans Rs 525-cr IPO, files DRHP with SEBI
Its revenue from operations grew at a CAGR of 9.92% from Rs 2420 crore as of March 31, 2020 to Rs 2660 crore as of March 31 2021, the document said
 "Jewellery retail chain Senco plans Rs 525-cr IPO, files DRHP with SEBI")
Govt shortlists up to 60 anchor investors for LIC's share sale
Price discovery estimates insurer's value at around Rs 7 trillion
 "Govt shortlists up to 60 anchor investors for LIC's share sale")
Hariom Pipe surges 50% on debut, ends at Rs 231 vs offer price of Rs 153
The Harini Pipe stock was locked in the 5 per cent upper circuit on both exchanges
 "Hariom Pipe surges 50% on debut, ends at Rs 231 vs offer price of Rs 153")
RR Kabel acquires Luminous' home electrical business, plans IPO in Q4 2023
Luminous' HEB consists of fans and lights and would help RR Kabel enter into the premium segment of this category
 "RR Kabel acquires Luminous' home electrical business, plans IPO in Q4 2023")
Mobility firm Chartered Speed plans Rs 600 cr IPO for fleet, EV expansion
From the current 1000-odd fleet of buses, of which roughly 5% are EVs, the firm is looking to add another 1,000-1,200 buses in the next one to one and a half years
 "Mobility firm Chartered Speed plans Rs 600 cr IPO for fleet, EV expansion")
OfBusiness is seeking $2 billion in India's biggest tech IPO since Paytm
The company is in discussions with potential IPO arrangers, including Goldman Sachs Group and Morgan Stanley and India's Kotak, Avendus and ICICI Securities
 "OfBusiness is seeking $2 billion in India's biggest tech IPO since Paytm")
India's 'Unicorn couple' eyes first start-up IPO within a year
OfBusiness, a supplier of raw materials from steel to chemicals to small businesses, could go for an initial public offering (IPO) in six months to a year
 "India's 'Unicorn couple' eyes first start-up IPO within a year")
Sensex drops 483 pts as yields hit 3-yr high; IT stks drag, Paytm leaps 12%
CLOSING BELL: More than 20 of the 30 Sensex stocks and 30 of the 50 Nifty counters ended in the negative zone. These included HCL Tech, Infosys, L&T, Wipro, Asian Paints, HDFC, and HDFC Bank
 "Sensex drops 483 pts as yields hit 3-yr high; IT stks drag, Paytm leaps 12%")
Gold Plus Glass Industry files draft papers with Sebi to launch IPO
Gold Plus Glass Industry is one of the leading float glass makers in India, with 16 per cent share of manufacturing capacity in fiscal 2021.
Market does not appreciate ambivalence: Nazara CEO Manish Agarwal
In a Q&A, he dwells on his company's journey the past one year, the gaming market in India and the company's future plans
 "Market does not appreciate ambivalence: Nazara CEO Manish Agarwal")
Flipkart ups IPO valuation goal to $60 bn as Covid spurs e-commerce biz
The firm now aims for a US listing in 2023 instead of this year, say sources. This would be the biggest consumer tech IPO in India
 "Flipkart ups IPO valuation goal to $60 bn as Covid spurs e-commerce biz")
'Will get stock grants only when m-cap crosses IPO level,' says Paytm CEO
Paytm shares declined due to volatile market conditions, says Vijay Shekhar Sharma
 "'Will get stock grants only when m-cap crosses IPO level,' says Paytm CEO")
