Page 51 - Latest Updates on IPO
FinMin invites bids from actuarial firms for valuing LIC ahead of IPO
The government plans to sell minority stake in the insurance behemoth and list it on the bourses
 "FinMin invites bids from actuarial firms for valuing LIC ahead of IPO")
DoorDash makes US IPO filing public, reveals rapid revenue growth
In its IPO filing, DoorDash reported revenue of $1.92 billion for the first nine months of 2020
 "DoorDash makes US IPO filing public, reveals rapid revenue growth")
Chinese President Xi Jinping decided to halt Ant's $37-billion IPO: Report
China's President Xi Jinping personally decided to pull the plug on Ant Group's $37-billion (£28 billion) IPO, the Wall Street Journal reported, citing officials with the knowledge of the matter
 "Chinese President Xi Jinping decided to halt Ant's $37-billion IPO: Report")
Gland Pharma's Rs 6,480-crore IPO subscribed 21% a day ahead of close
Offering received bids for 6.4 mn shares as against 30 mn on offer
 "Gland Pharma's Rs 6,480-crore IPO subscribed 21% a day ahead of close")
RailTel Corporation gets Sebi's go-ahead to float Rs 700-crore IPO
State-owned RailTel Corporation of India Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 700 crore through an initial share-sale.
 "RailTel Corporation gets Sebi's go-ahead to float Rs 700-crore IPO")
Gland Pharma's Rs 6,480-crore IPO gets 4% subscription on first day
On Friday, the company had allotted Rs 1,944 crore worth of shares to anchor investors
 "Gland Pharma's Rs 6,480-crore IPO gets 4% subscription on first day")
Tamilnad Mercantile Bank shareholders vote for IPO, reveals Madras HC
Development comes after several rejections of IPO proposal the past few years; former Chairman expects listing in next 12 months
 "Tamilnad Mercantile Bank shareholders vote for IPO, reveals Madras HC")
Gland Pharma IPO price band at Rs 1,490-1,500, offer opens on Nov 9
Gland Pharma, which announced itsabout Rs 6,500 crore IPO, has set a price band of Rs 1,490-1,500 per share (face value of Rs one) and the issue will be open on November 9, an official said
China blocks Jack Ma's Ant IPO, world's biggest: All you should know
In this podcast, Business Standard's Samie Modak explains reasons behind the halt and the way forward for Jack Ma
 "China blocks Jack Ma's Ant IPO, world's biggest: All you should know")
Shanghai stock exchange suspends Ant Group's A-share IPO on its STAR Market
Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg, in a record public sale of shares
 "Shanghai stock exchange suspends Ant Group's A-share IPO on its STAR Market")
Jack Ma's Ant Group seeks to raise $35 billion in biggest-ever IPO
The company's much-anticipated IPO is on track to surpass Saudi Aramco's $29 billion sale last year
 "Jack Ma's Ant Group seeks to raise $35 billion in biggest-ever IPO")
Ant Group lures Fidelity, T Rowe Price, UBS Asset for a piece of its IPO
Jack Ma's Chinese fintech giant is one of the most hotly anticipated IPOs in years, on course to make history by surpassing Saudi Aramco's record $29 billion share sale last year.
 "Ant Group lures Fidelity, T Rowe Price, UBS Asset for a piece of its IPO")
IPO drought ends in Pakistan's stock market with record year ahead
The nation has posted the fastest equity rally in Asia since March, and will host about 10 IPOs in the fiscal yr to June 2021
Will the IPO everyone is waiting for come this year? Find out LIC 'plans'
In this podcast, Business Standard's Shrimi Choudhary discusses what has been done so far in the LIC IPO, what needs to be done to be on track and about the complexities surround the listing
 "Will the IPO everyone is waiting for come this year? Find out LIC 'plans'")
Equitas Small Finance Bank IPO: Near-term risks may limit listing gains
The shares of Equitas Small Finance Bank IPO will be available in the lots of 450 and the price band has been fixed between Rs 32 - 33 per share
Equitas SFB prunes IPO size by half to Rs 518 cr, issue opens Oct 20
Price band fixed at Rs 32-33 a share; promoter stake to drop to 82-83% from 95.49% currently
 "Equitas SFB prunes IPO size by half to Rs 518 cr, issue opens Oct 20")
Equitas Small Finance Bank fixes IPO price band at Rs 32-33 an equity share
Equitas Small Finance Bank on Thursday fixed the price band for its over Rs 500 crore initial public offering (IPO) at Rs 32-Rs 33 per equity share
UTI AMC IPO: Check your allotment status here
UTI AMC IPO was subscribed 2.3 times, that is, it received bids for 6.31 crore equity shares as compared to the issue size of 2.73 crore shares
 "UTI AMC IPO: Check your allotment status here")
Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times
The last hugely subscribed PSU IPO was that of IRCTC last year
 "Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times")
Chemcon Speciality Chemicals, CAMS IPO: Check allotment status here
CAMS's IPO, the biggest in FY21 so far and worth Rs 2,242 crore, was subscribed 47 times while Chemcon IPO was subscribed 149 times
 "Chemcon Speciality Chemicals, CAMS IPO: Check allotment status here")
