Page 40 - Latest Updates on IPO
Tatva Chintan Pharma IPO is second-most subscribed this year at 180 times
Is second only to MTAR Tech; Tatva's 3.26-million share offering garnered bids for 588 million shares, generating demand worth Rs 63,713 crore
 "Tatva Chintan Pharma IPO is second-most subscribed this year at 180 times")
Zomato raises $1.26 bn in IPO, valuation to reach $8 bn: Report
The company, which is backed by Ant Group, will be valued at up to $8 billion following the IPO which is the first for a food delivery group in India.
 "Zomato raises $1.26 bn in IPO, valuation to reach $8 bn: Report")
Nuvoco Vistas gets Sebi approval to raise Rs 5,000 crore through IPO
Nuvoco Vistas Corporation Ltd, part of the Nirma Group, has received capital markets regulator Sebi's go-ahead to raise Rs 5,000 crore through an initial share sale.
 "Nuvoco Vistas gets Sebi approval to raise Rs 5,000 crore through IPO")
BPCL disinvestment process slows down due to pandemic, LIC IPO: Report
The disposal may only take place as soon as early next year rather than in 2020, one of the people said, asking not to be identified as the matter is private
 "BPCL disinvestment process slows down due to pandemic, LIC IPO: Report")
Govt plans to complete LIC IPO in current fiscal, says B K Karad
The government plans to complete the initial public offering of Life Insurance Corporation (LIC) in the current fiscal, the Minister of State for Finance Bhagwat Kishanrao Karad said on Monday.
 "Govt plans to complete LIC IPO in current fiscal, says B K Karad")
GR Infraprojects makes stellar debut, lists at 103% premium
The stock more-than-doubled to list at Rs 1,700 over its issue price of Rs 837 per share on the BSE
 "GR Infraprojects makes stellar debut, lists at 103% premium")
In IPO season, rupee caught in the middle of global and local pull
Foreign money is pouring into India when the US dollar is gaining strength against emerging markets currencies.
 "In IPO season, rupee caught in the middle of global and local pull")
Goenka's latest swipe at Zomato fuels debate on bumper IPO despite losses
As RPG Enterprises Chairman Harsh Goenka again took to Twitter to take a swipe at Zomato's mega IPO despite platform running into losses, an online debate has erupted
 "Goenka's latest swipe at Zomato fuels debate on bumper IPO despite losses")
Street signs: Traders eye 16K on Nifty50, Tatva Chintan's GMP at 60% & more
Analysts say, performance of the banking stocks would remain key if the market has to climb higher
 "Street signs: Traders eye 16K on Nifty50, Tatva Chintan's GMP at 60% & more")
Flush with unicorns, India's tech moment to overtake China arrives
India had $6.3 billion of deals for technology startups in the second quarter, while funding to China-based companies dropped 18% from a peak of $27.7 billion in fourth quarter
 "Flush with unicorns, India's tech moment to overtake China arrives")
Top headlines: Reliance Retail buys stake in Just Dial, DoT aid for telcos
Business Standard brings to you the top headlines on Saturday
 "Top headlines: Reliance Retail buys stake in Just Dial, DoT aid for telcos")
Zomato IPO subscribed 38 times, generates demand worth over Rs 2 trillion
Nearly three-fourth of bids came from institutional investors, with QIB portion garnering 52x subscription
 "Zomato IPO subscribed 38 times, generates demand worth over Rs 2 trillion")
Tatva Chintan Pharma IPO subscribed 4.51 times on first day of subscription
The initial public offer aggregating up to Rs 500 crore comprises a fresh issue of up to Rs 225 crore and an offer for sale of up to Rs 275 crore.
 "Tatva Chintan Pharma IPO subscribed 4.51 times on first day of subscription")
Northern Arc Capital files DRHP for IPO with market regulator Sebi
Northern Arc Capital Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share-sale
One97 taps IPO market in new, bigger avatar 11 years after aborted attempt
Vijay Shekhar Sharma-founded firm had to shelve Rs 120-cr IPO last minute in December 2010
 "One97 taps IPO market in new, bigger avatar 11 years after aborted attempt")
Tatva Chintan Pharma IPO fully subscribed within hours of opening
The initial public offer of specialty chemical manufacturing company Tatva Chintan Pharma Chem was fully subscribed within the first few hours of opening on the first day of subscription on Friday
 "Tatva Chintan Pharma IPO fully subscribed within hours of opening")
Paytm submits draft papers for its $2.2-billion IPO to market regulator
SoftBank-backed Paytm has filed for an initial public offering of up to $2.23 billion, draft papers submitted to the country's market regulator showed on Friday
 "Paytm submits draft papers for its $2.2-billion IPO to market regulator")
DIPAM invites bids from bankers, advisors for LIC's initial public offering
Kick-starting the process for LIC disinvestment, the government has invited bids from merchant bankers and legal advisors for advising it on the proposed mega initial public offering.
 "DIPAM invites bids from bankers, advisors for LIC's initial public offering")
Zomato IPO brought new investors, shift in behaviour: Paytm Money CEO
Zomato's Rs 9,375-crore IPO has seen a new set of investors coming into the capital market and there is a visible shift in consumer behaviour, a senior official of Paytm Money said on Thursday.
 "Zomato IPO brought new investors, shift in behaviour: Paytm Money CEO")
Govt floats Request for Proposal to appoint intermediaries for mega LIC IPO
Merchant bankers, and registrar and share transfer agents will have to submit their bids by August 5
