Page 60 - Latest Updates on IPO
Asia to dominate global stock markets, IPO over the next 10 years
In terms of dollar value, emerging markets would add more than $17 trillion in growth, compared with $14 trillion in developed markets
 "Asia to dominate global stock markets, IPO over the next 10 years")
DIIs race ahead of foreign peers as anchors in initial public offerings
DIIs contributed nearly 51 per cent of the Rs 7,837 crore of anchor money invested in IPOs last year, data from PRIME Database shows
 "DIIs race ahead of foreign peers as anchors in initial public offerings")
A fifth of recently listed SMEs see sharp fall in revenue growth after IPO
Data analysed from Capitaline shows that of the 97 SMEs that got listed on the SME platform in 2017, around a dozen companies' net sales fell in the range of 11-93% in FY18
 "A fifth of recently listed SMEs see sharp fall in revenue growth after IPO")
IPO launches fell in last two pre-election periods, will 2019 be different?
I-bankers say the uncertain market environment is not conducive for raising capital
 "IPO launches fell in last two pre-election periods, will 2019 be different?")
Antony Waste Handling Cell files for IPO worth Rs 435-million with Sebi
Proceeds of the issue will be utilised towards reduction of the aggregate outstanding borrowings of the company on a consolidated basis, and for general corporate purposes
 "Antony Waste Handling Cell files for IPO worth Rs 435-million with Sebi")
Govt planning IPOs for two rail PSUs by March-end to meet divestment target
The government is likely to divest 10% each in RVNL and IRFC
 "Govt planning IPOs for two rail PSUs by March-end to meet divestment target")
Uniparts India files draft IPO papers with markets regulator Sebi
Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets will manage the company's public issue
 "Uniparts India files draft IPO papers with markets regulator Sebi")
IPOs of small and medium enterprises see a record run so far this year
133 SME offerings mobilised Rs 22 bn so far this year
Streamcast eyes London IPO, JPMorgan, HSBC Holdings poised for role
Discussions about an IPO are at an early stage and Streamcast
Aavas Financiers to Garden Reach, volatility spike takes a toll on IPOs
Aavas's Rs 17.3-bn IPO fails to garner full subscription a day after PSU firm Garden Reach extends closing date
 "Aavas Financiers to Garden Reach, volatility spike takes a toll on IPOs")
Garden Reach Shipbuilders & Engineers' Rs 3.4 bn IPO to open on Sept 24
Retail investors applying in the IPO will be offered a discount of Rs 5 per share
Bumper IPO year continues: 11 cos approach Sebi in Aug to raise Rs 70 bn
The IPO market has seen heavy activity so far this year as 21 companies have mopped-up close to Rs 280 billion through initial share-sale
 "Bumper IPO year continues: 11 cos approach Sebi in Aug to raise Rs 70 bn")
660 IPOs raised $94.3 bn in Jan-June period, highest since 2015: Report
In Greater China, despite a decline in IPO activity, China's Shanghai (SSE) exchange hosted one of this year's largest IPOs globally
4 out of 7 insurance, MF IPOs trade 22% below issue price in aggregate
Despite the underperformance in some cases, analysts suggest investors should hold on to these stocks for now
Hinduja Leyland Finance's proposed IPO expected raise Rs 10-15 billion
Addressing shareholders on Tuesday, Ashok Leyland Chairman Dheeraj Hinduja said the future for Hinduja Leyland Finance was bright and the company was planning for an IPO this year
 "Hinduja Leyland Finance's proposed IPO expected raise Rs 10-15 billion")
Fund-raising via IPOs almost doubles in H1 2018: 18 firms raise Rs 236 bn
Many companies have opted the IPO route to give exit to their existing shareholders like private equity and venture capital firms
 "Fund-raising via IPOs almost doubles in H1 2018: 18 firms raise Rs 236 bn")
American IPOs set for busiest week in three years
Ten listings this past week, led by a slew of health-care deals, was the busiest since November, according to data compiled by Bloomberg
Earnings revival, stability key for IPO marker success: EY survey
Respondents, which included PE and non-PE firms, name cash flow, return on equity as key financial factors in evaluating an IPO; brand strength, market position among non-financial factors
RITES IPO: Valuation reasonable, growth prospects look good
The IPO entails disinvestment of 12.6 per cent stake by the government
IPO market hots up as 3 dozen companies line up listings worth Rs 350 bn
Of these three dozen firms, six are PSUs
