Page 20 - Latest Updates on IPO
DCX Systems files draft papers with Sebi to raise up to Rs 600 cr via IPO
The Bengaluru-based company is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, and are also involved in kitting
 "DCX Systems files draft papers with Sebi to raise up to Rs 600 cr via IPO")
Hariom Pipe Industries' IPO subscribed 7.93 times on final day
The issue, which kicked off for subscription on March 30, concluded on April 5
 "Hariom Pipe Industries' IPO subscribed 7.93 times on final day")
Hariom Pipe Industries' IPO receives 3.44 times subscription on Day 4
The issue, which kicked off for subscription on March 30, will be open till April 5
IPOs and buybacks go missing from 2021-22 disinvestment drive
The number of buybacks dropped from seven in FY21 to just one in FY22.
 "IPOs and buybacks go missing from 2021-22 disinvestment drive")
Bonds to IPOs: A hundred firms pull $45 bn of deals since war in Ukraine
These include initial public offerings, bonds or loans and acquisitions
 "Bonds to IPOs: A hundred firms pull $45 bn of deals since war in Ukraine")
KFin Tech files for Rs 2,400-cr IPO, provides exit for General Atlantic
KFin Tech offers services and solutions to intermediaries operating in capital market ecosystem such as mutual funds, AIFs and wealth management firms
Hariom Pipe IPO subscribed 1.9x on Day-2 on heavy retail interest
Small investor portion gets 4.7x subscription; company looks to raise Rs 130 crore in fresh capital
Vedantu on track to be 'IPO-ready' in 18-24 months
Vedantu experienced "12 times" growth on its key metrics amid the pandemic. The company now sees "hyper growth", making way for "growth" post-COVID.
 "Vedantu on track to be 'IPO-ready' in 18-24 months")
Uncertainty mars divestment plan: Govt misses target for 2nd time in 3 yrs
The Centre has missed its revised divestment target for the second time in three years even after slashing the target by 55 per cent to Rs 78,000 crore in the Union Budget
 "Uncertainty mars divestment plan: Govt misses target for 2nd time in 3 yrs")
Delhivery aims IPO for Q1 as market sentiment improves for large offerings
Offer is pegged to be around Rs 7,000 crore, rides on a positive outlook for sector
 "Delhivery aims IPO for Q1 as market sentiment improves for large offerings")
After 2021 boom, how 2022 could be a year of reckoning for Indian startups
After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations
 "After 2021 boom, how 2022 could be a year of reckoning for Indian startups")
Veranda Learning IPO subscribed 1.31 times on second day of offer
The initial public offering of Veranda Learning Solutions Limited was subscribed 1.31 times on the second day of the offer on Wednesday.
Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record
54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said
 "Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record")
HMA Agro Industries files initial papers for Rs 480-crore IPO
Aryaman Financial Services is the book running lead manager for the IPO
Yatra Online files IPO papers with Sebi to raise 750 crore
Yatra also announced the appointments of Rohit Bhasin, Deepa Misra Harris and former bureaucrat Ajay Narayan Jha as non-executive independent directors
Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr
At present, the company generates over 90 per cent of its revenues from southern states.
 "Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr")
Jewellery chain Joyalukkas India files DRHP for Rs 2,300-crore IPO
Joyalukkas clocked a profit of Rs 471.75 crore in FY21 as against Rs 40.71 crore in the year-ago period
Travel services provider Yatra Online Ltd files preliminary papers for IPO
According to the Draft Red Herring Prospectus (DRHP), the company plans to utilise the net proceeds from the fresh issue for strategic investments, acquisitions and inorganic growth
 "Travel services provider Yatra Online Ltd files preliminary papers for IPO")
PKH Ventures files draft papers for IPO with Sebi
The public issue comprises fresh issuance of 1.826 crore equity shares and an Offer For Sale (OFS) of 0.983 crore shares by its promoter, according to the Draft Red Herring Prospectus (DRHP)
KN Agri IPO subscribed 2.4 times on Day-1, issue closes Thursday
Firm seeks to raise Rs 50 cr; shares will get listed on NSE Emerge platform, which caters to SMEs; IPO price band is Rs 71-75
 "KN Agri IPO subscribed 2.4 times on Day-1, issue closes Thursday")
