Page 30 - Latest Updates on IPO
Paytm crashes 27% on market debut, wipes out Rs 38K-cr in investor wealth
Worst day 1 show among large IPOs
 "Paytm crashes 27% on market debut, wipes out Rs 38K-cr in investor wealth")
Sapphire Foods sees muted debut, ends day with 3% gains over issue price
The firm's IPO had garnered nearly 7x subscription. Sapphire Foods is the largest YUM franchisee operator and runs KFC, Pizza Hut and Taco Bell restaurant chain
 "Sapphire Foods sees muted debut, ends day with 3% gains over issue price")
Go Air IPO to open on December 8; proceeds to help reduce debt
The company steps up cost control as loss widens to Rs 923 cr in H1FY22
 "Go Air IPO to open on December 8; proceeds to help reduce debt")
Average IPO size hits highest since 2010, at Rs 1,030 crore: Refinitiv
Paytm has pushed up numbers with its record fund-raising
 "Average IPO size hits highest since 2010, at Rs 1,030 crore: Refinitiv")
Hard to decipher one-day market movements: Paytm Group CFO and President
In a Q&A, Madhur Deora says the company needs to communicate better and shares his key learnings
 "Hard to decipher one-day market movements: Paytm Group CFO and President")
Paytm shocking debut deals a reality check to small investors flocking IPOs
Paytm's 27% drop is the worst Day-1 performance among 50-odd IPOs listed this year
 "Paytm shocking debut deals a reality check to small investors flocking IPOs")
Elin Electronics files Rs 760-crore IPO paperwork with Sebi
The company manufactures and assembles a wide array of products and provide end-to-end product solutions
Go Fashion IPO subscribed 6.9 times on Day-2 on heavy retail interest
The IPO consists of a fresh issue of equity shares aggregating up to Rs 125 crore and an OFS of Rs 890 crore
Experts analyse Sebi IPO rules, Fitch outlook and their impact on markets
Sebi has proposed tighter rules around the use of IPO proceeds. And, Fitch Ratings has retained India's ratings at the lowest investment grade. How will these impact the primary market? Let's find out
 "Experts analyse Sebi IPO rules, Fitch outlook and their impact on markets")
Tarsons Products Rs 1.024 cr IPO subscribed 77x on institutional, HNI push
At the top end, the firm will have a Rs 3,522-cr market cap. Its earnings share for the trailing 12-month ended June 2021 stood at Rs 16.3 a share
 "Tarsons Products Rs 1.024 cr IPO subscribed 77x on institutional, HNI push")
Go Fashion IPO subscribed 2.5 times on Day-1 on strong retail interest
The retail portion was subscribed by as much as 12.14 times
UPI mandate creation for IPOs drops 62% in October with fewer public offers
The 1.14 million mandates created in October were the lowest on the platform since NPCI started making the data public
 "UPI mandate creation for IPOs drops 62% in October with fewer public offers")
Paytm likely to buck the trend with a tepid trading debut on Thursday
The institutional investor portion of the IPO was subscribed 2.8 times but nearly 80% of the bids came from overseas investors
 "Paytm likely to buck the trend with a tepid trading debut on Thursday")
Shares of IT firm Coforge jump 4.3% to Rs 5,734 at close on US IPO plans
The company said it filed Registration Statement on Form F-1 with the US Securities and Exchange Commission for a proposed offer of American depositary shares
 "Shares of IT firm Coforge jump 4.3% to Rs 5,734 at close on US IPO plans")
Tarsons IPO subscribed 3.6x on Day-2 on retail, HNI interest
Offer consists of Rs 150 cr fresh fund raise and OFS of Rs 874 cr. Price band is Rs 635-662 a share, at the top-end, firm will have a market cap of Rs 3,522 cr
Policybazaar IPO minted 70 millionaires, 350 crorepatis: Yashish Dahiya
In a Q&A, the Policybazaar Founder and Chairman talks about how his staff will gain from the listing, and what his parents feel about the IPO
 "Policybazaar IPO minted 70 millionaires, 350 crorepatis: Yashish Dahiya")
Top headlines: Ather Energy plans IPO, ED and CBI chiefs' jobs extended
EV startup Ather Energy is planning to go for an IPO within two years. More on that story in our top headlines this morning.
 "Top headlines: Ather Energy plans IPO, ED and CBI chiefs' jobs extended")
Vehicle e-commerce platform Droom Tech files for Rs 3,000-crore IPO
The company will be the second Indian automobile online company after CarTrade, which got listed in August
 "Vehicle e-commerce platform Droom Tech files for Rs 3,000-crore IPO")
Auto e-commerce platform Droom files DRHP to raise Rs 3,000 crore in IPO
The offer comprises a fresh issue of aggregating up to Rs 2,000 crore and an offer for sale of up to Rs 1,000 crore
 "Auto e-commerce platform Droom files DRHP to raise Rs 3,000 crore in IPO")
Labware company Tarsons Products' Rs 1,024-crore IPO to open Monday
The price band is Rs 635-662, firm will raise Rs 150 cr in fresh capital, OFS component is worth Rs 874 crore.
 "Labware company Tarsons Products' Rs 1,024-crore IPO to open Monday")
