Page 46 - Latest Updates on IPO
Nazara Technologies lists at 81% premium; analysts advise booking profit
Analysts believe that given Nazara Technologies' stock has surged nearly 100 per cent over the issue price, investors can partially book profit and can add more at a later stage once it corrects
 "Nazara Technologies lists at 81% premium; analysts advise booking profit")
Deliveroo narrows IPO price range ahead of London stock market debut
Deliveroo narrowed its price range on Monday to between 3.90 and 4.10 pounds per share
 "Deliveroo narrows IPO price range ahead of London stock market debut")
IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21
30 firms raised Rs 31,277 cr through IPOs in 2020-21, significantly higher than Rs 20,352 cr mopped up through 13 initial share sales in the preceding fiscal year
 "IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21")
GoAir plans Rs 2,500-cr IPO early FY22; may file preliminary papers in Apr
The no-frills airline has been working on expansion plans and an Initial Public Offer (IPO) will help in raising funds
 "GoAir plans Rs 2,500-cr IPO early FY22; may file preliminary papers in Apr")
Barbeque Nation IPO subscribed 1.98 times on day two of subscription
The Rs 453-crore issue received bids for 98,75,790 shares against 49,99,609 shares on offer, as per NSE data
 "Barbeque Nation IPO subscribed 1.98 times on day two of subscription")
IPO conundrum: Massive subscription, weak returns; what's behind the trend?
The calendar year 2021 has been a busy one for the primary markets with 17 mainboard issues already having hit the Street
 "IPO conundrum: Massive subscription, weak returns; what's behind the trend?")
Laxmi Organic makes decent debut, lists at 20% premium over issue price
The initial public offer (IPO) of Laxmi Organic Industries had received a robust response from the investors
 "Laxmi Organic makes decent debut, lists at 20% premium over issue price")
Barbeque Nation IPO appetising, but avoid, say analysts
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company
 "Barbeque Nation IPO appetising, but avoid, say analysts")
Trading app Robinhood Markets says it filed confidentially for IPO
Robinhood became immensely popular during the coronavirus pandemic, particularly as homebound young people turned to online trading to pass the time and make money
 "Trading app Robinhood Markets says it filed confidentially for IPO")
China's Didi leans towards NY over HK for IPO, eyeing $100 bn valuation
China's top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its IPO, eyeing a valuation of at least $100 billion via the float, two sources said
 "China's Didi leans towards NY over HK for IPO, eyeing $100 bn valuation")
Online education platform Coursera targets over $4 bn valuation in US IPO
Online education provider Coursera Inc is aiming for a valuation of more than $4 billion in a US initial public offering (IPO), a regulatory filing on Monday showed
 "Online education platform Coursera targets over $4 bn valuation in US IPO")
Food delivery start-up Zomato planning to file $650 mn IPO next month
Deliberations are ongoing and details of the offering such as size and timeline could change
 "Food delivery start-up Zomato planning to file $650 mn IPO next month")
Thomas Cook, BLS International: How to trade these travel-related stocks?
The weekly chart of Thomas Cook shows a consolidation breakout above Rs 40, indicating a positive outlook from a medium-term scale
 "Thomas Cook, BLS International: How to trade these travel-related stocks?")
Kalyan Jewellers' IPO sees muted demand; Nazara gets overbooked
Analysts said Kalyan's weak performance in the previous three financial years coupled with slowdown in the economy weighed on investor sentiment
India's share of IPOs continues to fall relative to rest of the world
This year is set to be the third consecutive year when India's share of initial public offers (IPOs) has fallen relative to the rest of the world
 "India's share of IPOs continues to fall relative to rest of the world")
Easy Trip IPO opens today: All you must know before hitting subscribe
Easy Trip has no listed peers in the domestic market, having a similar operating model although it faces competition from private players like Cleartrip, MakeMyTrip and Yatra Online
 "Easy Trip IPO opens today: All you must know before hitting subscribe")
Bumper listing? Easy Trip shares trade at 70% premium in grey market
Easy Trip is the only profitable company among the key online travel players
 "Bumper listing? Easy Trip shares trade at 70% premium in grey market")
Coinbase valuation pegged at $68 billion ahead of landmark US listing
Coinbase, the largest US cryptocurrency exchange, said on Wednesday recent private market transactions had valued the company at around $68 billion this year ahead of a planned stock market listing
 "Coinbase valuation pegged at $68 billion ahead of landmark US listing")
Kalyan Jewellers' IPO gets subscribed 1.22 times on Day 2
The retail portion has been subscribed 1.92 times
 "Kalyan Jewellers' IPO gets subscribed 1.22 times on Day 2")
Indigo Paints hits lowest level since listing, slips 29% from all-time high
The stock was trading lower for the fourth straight day, down 5.5 per cent during the period
 "Indigo Paints hits lowest level since listing, slips 29% from all-time high")
