Page 24 - Latest Updates on IPO
Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100
Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each
 "Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100")
Can you make a fortune in Adani Wilmar IPO? What brokerages say
The IPO in the price band of Rs 218 to Rs 230 per share will be open for subscription from January 27 to January 31.
 "Can you make a fortune in Adani Wilmar IPO? What brokerages say")
Adani Wilmar Rs 3,600-cr IPO opens tomorrow: Price band, other details
The IPO comprises fresh issuance of about 15.65 crore shares worth Rs 3,600 cr and the entire proceeds will go to the company.
 "Adani Wilmar Rs 3,600-cr IPO opens tomorrow: Price band, other details")
LIC's net profit zooms to Rs 1,437 crore in H1FY22 ahead of IPO
The government is expected to mop up around Rs 1 trillion from LIC's IPO
 "LIC's net profit zooms to Rs 1,437 crore in H1FY22 ahead of IPO")
TVS SCS gears up for IPO; family settlement may get NCLAT nod in 6 weeks
TVS Supply Chain Solutions, the logistics arm of $8.5-bn TVS Group, will launch a Rs 3,000-cr IPO sometime in 2022-23
 "TVS SCS gears up for IPO; family settlement may get NCLAT nod in 6 weeks")
IPO-bound LIC's H1FY22 profit after tax surges to Rs 1,437 crore
Its new business premium growth rate stood at 554.1 per cent in H1FY22
 "IPO-bound LIC's H1FY22 profit after tax surges to Rs 1,437 crore")
IPO-bound OYO gets in-principle listing approval from BSE, NSE
Oravel Stays Limited, the parent company of travel-tech firm OYO, has received in-principle approval from BSE and NSE to list on the respective bourses, sources said.
 "IPO-bound OYO gets in-principle listing approval from BSE, NSE")
New-age stocks: Drop in trading volumes may be the first sign of bottoming
Fear of withdrawal of easy money and lack of profits will likely weigh on these counters in the near-term
 "New-age stocks: Drop in trading volumes may be the first sign of bottoming")
Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth
FMCG major Adani Wilmar has set aside Rs 450 crore from the share sale that opens later this week, to tap more acquisition-led growth opportunities primarily in its non-edible oils business.
 "Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth")
FabIndia plans Rs 4k-cr IPO; 750k shares to be given to artisans, farmers
FabIndia's two promoters intend to transfer 400,000 shares and 375,080 shares to certain artisans and farmers, respectively, subsequent to the filing of the DRHP
 "FabIndia plans Rs 4k-cr IPO; 750k shares to be given to artisans, farmers")
Centre to get cracking on IDBI Bank sale once LIC IPO is launched
With LIC IPO being top priority, other plans take back seat
 "Centre to get cracking on IDBI Bank sale once LIC IPO is launched")
AGS Transact Tech IPO garners over 8x subscription on heavy HNI interest
HNI portion subscribed 27 times; The company is one of the largest deployers of point-of-sale terminals at petroleum outlets in India
 "AGS Transact Tech IPO garners over 8x subscription on heavy HNI interest")
Sensex dips 427 pts, Nifty below 17,650; HUL adds 3%, Bajaj Finserv down 5%
Bajaj Finserv, Tech M, Tata Steel, Bharti Airtel, IndusInd Bank, and Axis Bank were the top large-cap draggers
 "Sensex dips 427 pts, Nifty below 17,650; HUL adds 3%, Bajaj Finserv down 5%")
Adani Wilmar IPO will open for subscription on Jan 27: Adani Enterprises
Those holding one or more share Adani Enterprises share in demat on January 19 will be considered eligible shareholder
 "Adani Wilmar IPO will open for subscription on Jan 27: Adani Enterprises")
AGS Transact Technologies IPO fully subscribed on Day-2 on retail interest
The issue is entirely an offer for sale. AGS has already allotted shares worth Rs 204 crore to anchor investors at Rs 175 per share
Sensex falls for 3rd straight day, sheds 634 pts; Nifty holds 17,750
Analysts, however, expect markets to recover from here on as they have reached their key support zones.
 "Sensex falls for 3rd straight day, sheds 634 pts; Nifty holds 17,750")
AGS Transact Technologies IPO subscribed 88% on opening day
A day earlier, the company had allotted shares worth Rs 204 crore to anchor investors at Rs 175 per share
AGS Transact allots Rs 204-cr worth of shares to anchor investors
BNP Paribas, HDFC Balanced Advantage Fund, Nippon Life India Small Cap Fund and Abakkus Growth Fund among those to have got allotment
Sensex falls 554 pts, Nifty below 18,150 amid rising bond yield, oil prices
In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively
 "Sensex falls 554 pts, Nifty below 18,150 amid rising bond yield, oil prices")
Sebi tightens rules governing utilisation of IPO proceeds; tweaks OFS norms
Tightening rules for IPO, Sebi has put a cap on usage of the issue proceeds for unidentified future acquisitions and restricted the number of shares that can be offered by significant shareholders.
 "Sebi tightens rules governing utilisation of IPO proceeds; tweaks OFS norms")
