Page 54 - Latest Updates on IPO
SBI Cards IPO subscribed 2.51 times so far on third day of bidding
The initial public offer (IPO) received bids for 25,12,78,800 shares against the total issue size of 10,02,79,411 shares, as per NSE data till 1200 hrs
 "SBI Cards IPO subscribed 2.51 times so far on third day of bidding")
Antony Waste Handling Cell IPO opens today. Is it worth your money?
The company will offer fresh shares worth Rs 35 crore and will offer 57 lakh equity shares under Offer For Sale (OFS) category for reduction of the aggregate consolidated outstanding borrowings.
 "Antony Waste Handling Cell IPO opens today. Is it worth your money?")
SBI Cards IPO: This one's for high net-worth individuals, but has its risks
Listing gains may be limited, if the issue is subscribed multiple times
 "SBI Cards IPO: This one's for high net-worth individuals, but has its risks")
Equitas Small Finance Bank gets Sebi nod for IPO worth Rs 550 crore
JM Financial, Edelweiss Financial Services and IIFL Securities are managing the offer
 "Equitas Small Finance Bank gets Sebi nod for IPO worth Rs 550 crore")
SBI Cards IPO subscribed 39% on first day of bidding, raises Rs 2,769 crore
The IPO comprises a fresh issue of Rs 500 crore and an offer for sale of 13,05,26,798 equity shares
 "SBI Cards IPO subscribed 39% on first day of bidding, raises Rs 2,769 crore")
Market Ahead, March 2: Top factors that could guide markets this week
In the primary market, the initial public offer of SBI Cards and Payment Services will open today. The company expects to raise around Rs 10,341 crore from the IPO
 "Market Ahead, March 2: Top factors that could guide markets this week")
SBI Cards IPO opens today. Should you subscribe? Check what brokerages say
Analysts at Motilal Oswal said that SBI Cards' strong growth, stable asset quality, and superior return ratios provide comfort and justify the premium valuation
Street signs: SBI Cards IPO, large-sized advisors eye mergers, and more
The grey market premium for SBI Cards and Payment Services has seen some moderation following a 7 per cent crash in the stock markets last week
Antony Waste Handling Cell's Rs 200-crore IPO to open on March 4
The price band for the IPO is Rs 295 to Rs 300 per share. At the IPO price, the firm is valued at Rs 800 crore
SBI Cards IPO: Why analysts suggest subscribing despite rich valuation
Siddharth Purohit of SMC Global Securities believes that given the stable RoE of 30% valuation, in terms of P/E ratio is likely to come down to 31x and 22x in FY21 and FY22, respectively from 43x.
 "SBI Cards IPO: Why analysts suggest subscribing despite rich valuation")
SBI Cards IPO opens March 2: All you need to know about the $1.4 bn offer
No multi-bagger like IRCTC, but can deliver 50% listing gains, says Ambareesh Baliga, an independent market expert
 "SBI Cards IPO opens March 2: All you need to know about the $1.4 bn offer")
SBI Cards IPO: Price band fixed in the range of Rs 750 to Rs 755 per share
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fourth-largest domestically
Road ahead for equity markets will be challenging, says Shyamsunder Bhat
For a sustained up move from the present levels, we would need to see a pick-up in industrial and consumer demand, and growth in corporate earnings
 "Road ahead for equity markets will be challenging, says Shyamsunder Bhat")
Planning to apply for SBI Cards IPO? Check out the eligibility criteria
Normally, IPOs are open for subscription for three days but SBI Cards IPO will run for four days. The first three days, i.e. from March 2 to March 4, the issue will be open for all bidders
 "Planning to apply for SBI Cards IPO? Check out the eligibility criteria")
Speciality chemical maker Rossari Biotech receives Sebi's approval for IPO
Market sources said the IPO size will be worth Rs 700 crore
 "Speciality chemical maker Rossari Biotech receives Sebi's approval for IPO")
We don't have any plans for listing: Bajaj Allianz Life Insurance MD & CEO
We are disclosing as much and sometimes more than what the listed companies are disclosing
 "We don't have any plans for listing: Bajaj Allianz Life Insurance MD & CEO")
Jana Small Finance Bank ready to appoint bankers for Rs 1,000-crore IPO
In December, the Rs 750-crore IPO of Ujjivan SFB was well received and got subscribed 166 times the number of shares put on offer. The shares of the bank rose 44 per cent over the issue price.
 "Jana Small Finance Bank ready to appoint bankers for Rs 1,000-crore IPO")
Sebi bans Midvalley from securities market for 7 years over fund diversion
Sebi conducted an investigation between January-February, 2011 to ascertain any irregularities with respect to the initial public offer (IPO) made by the firm
 "Sebi bans Midvalley from securities market for 7 years over fund diversion")
SBI Cards IPO opens on March 2: Key things to know about Rs 9,000-cr offer
SBI Cards is the second-largest credit card issuer in India, with an 18.1 per cent market share of the market as of November 2019
 "SBI Cards IPO opens on March 2: Key things to know about Rs 9,000-cr offer")
Yet to receive proposal from LIC for IPO, says Irdai Chairman S C Khuntia
Khuntia also asked insurance companies to "weed out" loss-making products and concentrate only on the better paying ones
 "Yet to receive proposal from LIC for IPO, says Irdai Chairman S C Khuntia")
