Page 56 - Latest Updates on IPO
Prince Pipes and Fittings IPO opens today. Should you subscribe?
Price band of the offer has been fixed at Rs 177-178
 "Prince Pipes and Fittings IPO opens today. Should you subscribe?")
From Byju's to Swiggy: Next wave of tech unicorn listings could be in India
Mohandas Pai expects food delivery platforms Swiggy and Zomato, as well as PhonePe and Myntra to list in local markets in next few years
 "From Byju's to Swiggy: Next wave of tech unicorn listings could be in India")
Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit
The fund-raising comes at a time when the company plans to penetrate cities and scale up investments and become a key player in the industry
 "Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit")
Street cheers for Ujjivan Small Finance Bank, IPO sees 170x subscription
According to investment bankers, the issue was of over 16 million applications, making it one of the most-subscribed IPOs
 "Street cheers for Ujjivan Small Finance Bank, IPO sees 170x subscription")
Following hugely successful IPO, CSB Bank soars 54% on market debut
CSB Bank's total market value has soared to Rs 5,205 crore, compared to Rs 3,382 crore at the IPO price
 "Following hugely successful IPO, CSB Bank soars 54% on market debut")
Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports
A final pricing decision will be taken later on Wednesday by an executive committee overseeing the IPO that includes top government officials, Aramco executives and bankers
 "Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports")
Saudi Aramco considers pricing at top to become world's biggest IPO
The Gulf energy giant has discussed pricing its IPO shares at 32 riyals apiece, after marketing them at 30 to 32 riyals each,
 "Saudi Aramco considers pricing at top to become world's biggest IPO")
Ujjivan Small Finance Bank IPO subscribed 1.7 times on first day
Only 10% of the shares on offer were reserved for retail investors, against the usual 35%
 "Ujjivan Small Finance Bank IPO subscribed 1.7 times on first day")
Top events today: Chanda Kochhar hearing, Ujjivan SFB IPO and more
From Bombay High Court hearing on Chanda Kochhar's termination by ICICI to India participating in UN's climate conference, Business Standard brings you the top events of the day
 "Top events today: Chanda Kochhar hearing, Ujjivan SFB IPO and more")
Street signs: Ujjivan SFB commands hefty premium, F&O trend, and more
Activity at the counter had picked up even before the price band of Rs 36-37 for its IPO was announced
Ujjivan SFB raises Rs 304 crore from anchor investors ahead of IPO
Singapore govt, CX Partners are key anchor investors
Ujjivan SFB IPO: Promising franchise comes at a reasonable valuation
Ability to diversify is well demonstrated; its effectiveness may take a while to reflect on numbers
Ahead of IPO, Ola plans realignment of various businesses to cut costs
According to sources in the know, this exercise would result in reduction of its workforce by around 300 people, which is roughly 5-8 per cent of its overall headcount
 "Ahead of IPO, Ola plans realignment of various businesses to cut costs")
Ola restructuring business ahead of IPO; move may impact over 250 roles
Ola is estimated to have about 4,500 people on its payrolls
 "Ola restructuring business ahead of IPO; move may impact over 250 roles")
Fairfax-backed CSB Bank IPO subscribed 87 times so far on final day
Given the huge oversubscription, the IPO is likely to be priced at the upper end of its price band of Rs 193-195 per share
Kerala-based CSB Bank IPO fully subscribed on first day of bidding
The category reserved for non-institutional investors was subscribed 10 per cent, while that for retail investors was subscribed 5.60 times
 "Kerala-based CSB Bank IPO fully subscribed on first day of bidding")
CSB Bank's IPO opens today; should you subscribe? Here's what analysts say
The bank's IPO will remain open between November 22 and 26, while allotment would be made on December 2, 2019. The shares would be listed on, both, the NSE and BSE on December 4.
 "CSB Bank's IPO opens today; should you subscribe? Here's what analysts say")
Aramco IPO: Institutional tranche gains $17 bn in orders, says Al Arabiya
The retail portion of the planned deal had received 10 billion riyals, it also said.
Saudi Aramco has received nearly enough early orders to pull off its IPO
Building early momentum is important in large equity offerings, as investors are encouraged to jump in when they see other institutions rushing to buy shares.
 "Saudi Aramco has received nearly enough early orders to pull off its IPO")
Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn
The banks will be paid 35 basis points of the money raised, according to the three sources
