Page 57 - Latest Updates on IPO
Shapoorji Pallonji group subsidiary announces plan to list Eureka Forbes
The company's board has authorised the management to evaluate any such scheme in this regard, Forbes & Company said in a regulatory filing.
 "Shapoorji Pallonji group subsidiary announces plan to list Eureka Forbes")
Fairfax-backed CSB Bank fixes share price at Rs 193-195 for IPO on Nov 22
The bids for the offer can be applied for a minimum of 75 shares and its multiples
 "Fairfax-backed CSB Bank fixes share price at Rs 193-195 for IPO on Nov 22")
Here's how Indians can invest in Saudi Aramco, the world's biggest IPO
Saudi Aramco said it would sell 1.5 percent of the company in a blockbuster initial public offering worth between $24 billion and $25.6 billion
 "Here's how Indians can invest in Saudi Aramco, the world's biggest IPO")
The IRCTC offer for sale opens today. Should you subscribe?
The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20
 "The IRCTC offer for sale opens today. Should you subscribe?")
World's biggest public offering: Saudi Aramco seeks $1.71 trn in valuation
The company is seeking to raise between $24 billion and $25.6 billion by selling a 1.5% stake, putting it close to Alibaba Group Holding Ltd.'s $25 billion deal
 "World's biggest public offering: Saudi Aramco seeks $1.71 trn in valuation")
Burger King India to file for Rs 1,000-crore IPO this week: Details here
The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore
 "Burger King India to file for Rs 1,000-crore IPO this week: Details here")
Recipe for growth: Don't bet everything you have, says Lemon Tree's Keswani
The fast-talking Keswani tells Pavan Lall what he learnt from former boss Russi Mody, how he was let down by a private equity investor and why he launched an upscale hotel in Udaipur
 "Recipe for growth: Don't bet everything you have, says Lemon Tree's Keswani")
Reliance General Insurance scraps IPO plan; withdraws draft offer documents
Markets regulator Sebi had received draft red herring prospectus for the proposed IPO on February 8
 "Reliance General Insurance scraps IPO plan; withdraws draft offer documents")
Aramco to make its long-awaited debut on Riyadh stock market on Dec 11
The Aramco listing is expected to be a major topic at a major investment summit that opened Tuesday in Riyadh
Hong Kong defies upsurge in protests, leads global IPO market since Sept
Sentiment in Hong Kong's primary market turned around as AB InBev revived its IPO plan for Budweiser Brewing Company APAC Ltd. last month
 "Hong Kong defies upsurge in protests, leads global IPO market since Sept")
UTI MF picks Citigroup and ICICI Securities to manage public offering
Details of the offering could change as the deliberations are ongoing
 "UTI MF picks Citigroup and ICICI Securities to manage public offering")
PowerBar maker BellRing climbs after low-range $480 million IPO
BellRing's IPO still fell short of the $570 million it was seeking to raise at the top end of that range
IRCTC stock market debut smashes records; share prices surge 129%
Records best-ever listing day gain for a government-owned firm
 "IRCTC stock market debut smashes records; share prices surge 129%")
IRCTC to make stock market debut today after raising Rs 645 cr in IPO
The IPO, which was open for subscription between September 30 and October 4, was subscribed 112 times
 "IRCTC to make stock market debut today after raising Rs 645 cr in IPO")
IRCTC may not give fillip to IPO market amid turmoil in financial sector
Industry experts say there may be few IPOs in the remaining part of the year and a pick-up in activity could be seen only during the first half of the next calendar year
IPO filings down 45% until September as weakness in market takes toll
13 filings made with Sebi until Sept; figure stood at 24 last year
 "IPO filings down 45% until September as weakness in market takes toll")
Ola inching closer to profitability, may float IPO in two years: Report
While Ola's high cash burn, owing to its fierce fight with Uber, is a dampener, some of its recent bets on newer areas make it attractive
 "Ola inching closer to profitability, may float IPO in two years: Report")
Budweiser to Metro Pacific: Asian firms using IPO proceeds to pare debt
Budweiser Brewing is using the $5 billion in proceeds from its Hong Kong IPO to repay debt, according to a listing prospectus
 "Budweiser to Metro Pacific: Asian firms using IPO proceeds to pare debt")
Despite bulls' preference for IRCTC IPO, important to tread with caution
In the first two days of the three-day offer, the IPO was oversubscribed by 325 per cent
 "Despite bulls' preference for IRCTC IPO, important to tread with caution")
PepperFry may go for two more funding rounds before IPO, says CEO
This includes a $20-30 million one in equity financing in the next six months, said its cofounder and chief executive officer (CEO) Ambreesh Murty
 "PepperFry may go for two more funding rounds before IPO, says CEO")
