Page 35 - Latest Updates on IPO
Paras Defence IPO subscribed 41x on day-2, Data Patterns files DRHP
Data Patterns (India) is looking to raise Rs 300 cr through its offer, which will also consist of secondary share sale between Rs 300-400 cr
 "Paras Defence IPO subscribed 41x on day-2, Data Patterns files DRHP")
Aditya Birla AMC to launch Rs 3,000-cr IPO next week
In August, Sebi had cleared the asset manager's IPO document, which was filed with the regulator in April.
 "Aditya Birla AMC to launch Rs 3,000-cr IPO next week")
India likely to block Chinese investment in mega LIC IPO: Report
With China after the border clashes it cannot be business as usual. The trust deficit has significantly widened, say sources
 "India likely to block Chinese investment in mega LIC IPO: Report")
LIC agents to steer awareness campaign for retail investors ahead of IPO
Move comes ahead of India's largest IPO, expected later this year
 "LIC agents to steer awareness campaign for retail investors ahead of IPO")
Paras Defence IPO subscribed 16.6x on Day-1 on strong retail interest
Experts said retail investors are enthused by the high premium commanded by Paras Defence in the grey market
Ahead of IPO, Paytm employees add 545,000 more shares for monetisation
Last week, Paytm gave time till September 22 to employees to convert their ESOPs into shares for monetisation in the upcoming IPO
 "Ahead of IPO, Paytm employees add 545,000 more shares for monetisation")
Should you subscribe to Paras Defense IPO despite weak financials?
Paras Defense IPO is priced at Rs 165-175 per share and looks to raise Rs 171 crore at the upper end of the price band
UPI IPO mandate creation dips in August despite best mop-up in 4 years
5.9 mn mandates were created compared to 7.7 mn in July
Indian defense supplier Data Patterns nears $100-mn IPO filing: Report
Data Patterns is seeking a valuation of around 25 billion rupees ($340 million) in the IPO, and is looking to sell an equal number of primary and secondary shares, the people said
 "Indian defense supplier Data Patterns nears $100-mn IPO filing: Report")
Paytm IPO: Employees get time till Sep 22 to convert ESOPs into shares
Paytm has given time till September 22 to its employees to decide on converting their stock options ahead of the company's Rs 16,600 crore-IPO planned to be launched in October
 "Paytm IPO: Employees get time till Sep 22 to convert ESOPs into shares")
Ahead of IPO, Oyo expands share capital through stock split, bonus issue
The Softbank-backed travel technology firm is expected to file its DRHP with Sebi in the next few months
 "Ahead of IPO, Oyo expands share capital through stock split, bonus issue")
Paras Defence's Rs 171 cr IPO opens Sept 21, price band Rs 165-175
At the top-end, Paras Defence will have a market capitalisation of Rs 683 crore on a post-diluted basis
Sansera Engineering IPO subscribed 11.5x, gets bids worth over Rs 10,000 cr
Sansera's IPO was entirely an offer for sale worth Rs 1,283 crore. At the top-end of the price band, the company's market cap translates to Rs 3,823 crore
 "Sansera Engineering IPO subscribed 11.5x, gets bids worth over Rs 10,000 cr")
Paras Defence IPO to open on Sep 21; sets price band at Rs 165-175/share
Paras Defence and Space Technologies on Thursday said it has fixed a price band of Rs 165-175 a share for its Rs 171-crore initial share sale.
Indian law firms reluctant to advise on mega LIC IPO: Report
LIC's huge size, complexity a deterrent and poor govt fee for law firms another dampener, say law firms
 "Indian law firms reluctant to advise on mega LIC IPO: Report")
Sansera Engineering IPO fully subscribed, issue closes on Thursday
Issue priced at Rs 734-744 a share, is entirely an offer for sale worth Rs 1,283 crore
Govt seeks $109-bn valuation for LIC's mega IPO: Report
Modi govt is pushing ahead with LIC's IPO to help plug a widening budget gap as it aims to raise Rs 1.75 trillion by March through divestments
 "Govt seeks $109-bn valuation for LIC's mega IPO: Report")
More Paytm employees convert ESOPs to shares after shareholders' approval
An additional 40 current and former employees of Paytm have converted their ESOP grants to shares for monetising them in its upcoming Rs 16,600 crore IPO, the digital payments firm said
 "More Paytm employees convert ESOPs to shares after shareholders' approval")
IPO-bound Oyo to become public limited company: Check details here
The company intends to list its equity shares on one or more stock exchanges to enable shareholders with a formal marketplace for dealing with equity shares
 "IPO-bound Oyo to become public limited company: Check details here")
Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent
 "Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM")
