Page 28 - Latest Updates on IPO
Ola in talks to raise over $1 billion through equity, debt: Report
Ola co-founder Bhavish Aggarwal had earlier this year said the company -- which competes against US-based Uber -- is planning a public offering sometime in 2022 but has not yet set a date
 "Ola in talks to raise over $1 billion through equity, debt: Report")
TMS Ep60: Vaccine crunch, internet shutdowns, RBI policy, IPO lock-in
Will vaccine crunch hurt India's fight against Covid-19? Internet shutdowns bleeding Indian businesses? What RBI policy means to the markets? What's the new lock-in period for IPOs? All answers here
 "TMS Ep60: Vaccine crunch, internet shutdowns, RBI policy, IPO lock-in")
RateGain subscribed 75% on Day-2, bulk of bids from retail investors
Shriram properties get 89% subscription on opening day
 "RateGain subscribed 75% on Day-2, bulk of bids from retail investors")
Saudi stock exchange soars on debut after $1 billion IPO
The shares rose as much as 22% on Wednesday on bets that buoyant Middle East stock markets will attract more listings from private companies and cash from investors around the world
 "Saudi stock exchange soars on debut after $1 billion IPO")
Star Health cuts IPO size to about $848 mn after tepid subscription
Star Health has cut the size of its initial public offering (IPO) to 64 billion rupees ($848.02 million) from 72.49 billion rupees
 "Star Health cuts IPO size to about $848 mn after tepid subscription")
Rategain Travel IPO subscribed 41% on Day-1, retail portion by 2.23 times
A day earlier, the company had allotted nearly Rs 600 crore worth of shares to 34 anchor investors
Medplus Health's downsized IPO opens Monday at price band of Rs 780-796
In August, when the firm filed its offer document with Sebi, IPO size was pegged at Rs 1,638.7 cr. While the fresh issue portion remains the same, OFS portion has been reduced by Rs 240 cr
 "Medplus Health's downsized IPO opens Monday at price band of Rs 780-796")
Intel to take its mobileye unit public in 2022 IPO; shares jump
Intel will remain the majority owner after the transaction
 "Intel to take its mobileye unit public in 2022 IPO; shares jump")
Anand Rathi Wealth IPO subscribed nearly 10x on strong HNI interest
Institutional portion saw only 2.5 times subscription. Overall, the IPO saw bids worth Rs 4,500 crore
Shriram Properties to raise Rs 600 cr via IPO, price band set at Rs 113-118
Proceeds to be used to retire debt; company to expand footprint in the south while steering clear of northern and western markets
Chip major Qualcomm to book 20X returns in MapmyIndia's Rs 1,040-cr IPO
The price band for the offer has been fixed at Rs 1,000 - Rs 1,033 per equity share
 "Chip major Qualcomm to book 20X returns in MapmyIndia's Rs 1,040-cr IPO")
Shriram Properties fixes IPO price band at Rs 113-118 per share
The three-day initial public offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7
Ahead of IPO, LIC lowers net NPA to 0.05%, improves asset quality
Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021.
 "Ahead of IPO, LIC lowers net NPA to 0.05%, improves asset quality")
Tega Industries subscribed 219 times, becomes 6th most subscribed IPO
At the top end, the company is valued at about 22 times its financial year 2020-21 (FY21) earnings
Tega Industries IPO subscribed 219 times, generated bids worth Rs 95,000 cr
Retail portion subscribed 29 times, HNI 666 times and institutional investor 216 times
Will there be a Santa Claus rally this December?
We have seen the market logging gains in the last two Decembers. Will it make a hat-trick of rallies or will the Omicron threat prevail this December? Let's find out what market experts expect
 "Will there be a Santa Claus rally this December?")
BSE stock soars 16% to end at Rs 1,912 on NSE IPO buzz; MCX adds 5%
Market players expect NSE's valuation to be around the Rs 2 trillion mark. They feel the exchange's IPO could lead to sharp re-rating in shares of BSE and MCX
 "BSE stock soars 16% to end at Rs 1,912 on NSE IPO buzz; MCX adds 5%")
Star Health's IPO scrapes through as investment bankers prune OFS component
The Rs 7,240-cr issue received just 79% subscription before I-bankers stepped in
 "Star Health's IPO scrapes through as investment bankers prune OFS component")
Tega Industries IPO subscribed 13.5x on day-2 on HNI, retail interest
Anand Rathi Wealth IPO subscribed 1.5 times on opening day
Hospitality SaaS company Rategain aims to mop up Rs 1,300 cr via IPO
Hopes to regain pre-Covid level of $60 million ARR in FY22
