Page 61 - Latest Updates on IPO
12 new IPOs to come up in June-quarter, analysts remain positive
After raising Rs 843.57 bn through IPOs in FY18, 12 new companies are planning to garner Rs 170 bn in the next two months including names like HDFC Asset Management
 "12 new IPOs to come up in June-quarter, analysts remain positive")
Most sought-after IPOs of 2017-18 reap handsome gains for investors
Most-subscribed offerings do well after listing
 "Most sought-after IPOs of 2017-18 reap handsome gains for investors")
IPO analysis: Strong prospects for ICICI-Sec, but correlated to markets
Although valuations are rich, most analysts are positive due to rising financialisation of Indian savings
 "IPO analysis: Strong prospects for ICICI-Sec, but correlated to markets")
Companies are launching IPOs in March ahead of introduction of LTCG tax
Some companies are launching their IPOs this month ahead of the introduction of a new a tax on capital gains
 "Companies are launching IPOs in March ahead of introduction of LTCG tax")
Govt to raise Rs 4.4 billion through Midhani's IPO by divesting 26% stake
The government has raised Rs 927 billion from various stake sales during the fiscal
 "Govt to raise Rs 4.4 billion through Midhani's IPO by divesting 26% stake")
Patel Infrastructure, Krishna Institute get Sebi nod for IPOs
The companies had filed their draft papers with Sebi between December and January
 "Patel Infrastructure, Krishna Institute get Sebi nod for IPOs")
UPI-based system mulled for retail investors in IPOs
The UPI system enables instant and seamless payments from one bank account to another through a mobile-based application
NSE sees IPO pipeline by start-ups, e-tailers
Bourse expects to help firms raise $50 billion as investors exit
 "NSE sees IPO pipeline by start-ups, e-tailers")
HAL, ICICI Securities among several firms lining up Rs 250-bn public offers
Most of these companies plan to utilise initial public offer (IPO) proceeds for business expansion as well as working capital requirements
 "HAL, ICICI Securities among several firms lining up Rs 250-bn public offers")
Stare-run companies Bharat Dynamics, IREDA get Sebi's go-ahead for IPO
Bharat Dynamics was established in 1970 and is a manufacturer of guided missiles and allied defence equipment
Domestic institutions lend their weight as anchors in IPOs
HDFC MF, Birla Sun Life MF, and Reliance MF have emerged the biggest anchor investors, having put in more than Rs 400 crore each this year
Clarify on proposed IPO plans, Sebi to Lemon Tree Hotels, 9 other companies
Together, these companies are estimated to raise more than Rs 6,000 crore, according to merchant banking sources
Lull in fresh fundraising despite IPO boom
Offers for sale accounted for 84% of the Rs 42,000 cr raised via IPOs so far in FY18
 "Lull in fresh fundraising despite IPO boom")
Small company IPOs hit a century in 2017
For the first time, more than 100 firms launch IPOs; raise a total of Rs 1,267 cr; 30 more IPOs lined up
 "Small company IPOs hit a century in 2017")
Indian investment banks topple foreign peers in IPO showdown
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
 "Indian investment banks topple foreign peers in IPO showdown")
IPOs raise record Rs 27,000 crore in April-September this year
Companies from sectors like insurance, healthcare, education, bank and shipping have made their way to the IPO space
Street signs: IPO fatigue for retail investors?
According to experts, many retail players who invest to make listing gains are not finding IPOs lucrative anymore
 "Street signs: IPO fatigue for retail investors?")
As IPOs boom, playing in the grey market can hurt badly
Many investors use this market during IPO booms. But if the market corrects, they risk losing their capital
 "As IPOs boom, playing in the grey market can hurt badly")
Centre to sell up to 25% stake in four defence companies via IPO
The government has invited proposals for the IPO by 3 pm on August 18
 "Centre to sell up to 25% stake in four defence companies via IPO")
GTPL Hathway IPO oversubscribed 1.53 times on last day
The IPO to garner up to Rs 485 crore comprises fresh issue of shares worth Rs 240 crore
 "GTPL Hathway IPO oversubscribed 1.53 times on last day")
