Page 62 - Latest Updates on IPO
IPO bonanza worth more than Rs 5,300 cr in June
June might be the best month for IPO mobilisation since September 2016
Short supply doesn't mean great value
To take advantage of scarcity premium, apply in IPO
 "Short supply doesn't mean great value")
Govt approves IPO of IREDA
This will enable it to mobilise funds for the clean energy sector
 "Govt approves IPO of IREDA")
In Aramco IPO pitch, Canada plays up its natural resources expertise
Canada Inc seeks a role in delivering the kingdom's broader Vision 2030 plan
 "In Aramco IPO pitch, Canada plays up its natural resources expertise")
Financial sector readies for IPO rush worth over Rs 20,000 crore
Last year, 26 companies collectively raising over Rs 26,000 crore trough their respective IPOs
 "Financial sector readies for IPO rush worth over Rs 20,000 crore")
New India Assurance looking for merchant bankers to manage IPO
Merchant bankers would advise New India on the timing and the modalities of the IPO
 "New India Assurance looking for merchant bankers to manage IPO")
5 out of 10 IPOs oversubscribed over 30 times gain over 100%
The recently listed BSE and Music Broadcast were up in the range of 7%-16%, respectively
IPO lane gets busy as companies line-up Rs 20,000-cr public offerings
Hudco, NSE, Nakshatra World and Cochin Shipyard plan to launch share-sale offers in coming months
IPO fund raising at 6-year high in FY17, trend expected to continue
A total of 25 companies collectively raised Rs 28,220 crore, the highest since 2010-2011
 "IPO fund raising at 6-year high in FY17, trend expected to continue")
Two IPOs headed for markets this week, eye Rs 584 cr
2016 saw hectic fund-raising activity in IPO space as a total of 26 firms mobilised over Rs 26k cr
 "Two IPOs headed for markets this week, eye Rs 584 cr")
For biggest IPO, Saudi Aramco might have to give up on secrecy
The consultants at Wood Mackenzie figure a valuation of roughly $400 bn
 "For biggest IPO, Saudi Aramco might have to give up on secrecy")
Snap prices its IPO at $3.4 billion; oversubscribed more than ten-times
Snap priced 200 mn shares on Wednesday at $17 each, above its expected range of $14 to $16 dollars
 "Snap prices its IPO at $3.4 billion; oversubscribed more than ten-times")
Radio City FM operator's Rs 400-cr IPO to open on March 6
Radio City, has a pan-India presence with radio stations in 37 cities
 "Radio City FM operator's Rs 400-cr IPO to open on March 6")
Kolkata-based Bharat Road Network Plan Rs 1,200 crore IPO
It is a road BOT company, focused on development, implementation of roads and highways projects
 "Kolkata-based Bharat Road Network Plan Rs 1,200 crore IPO")
Budget 2017: IPO aspirants look for clarity on capital gains tax
Budget proposes long-term capital gains tax on share sales on which STT is not paid post-2004
UTI MF to initiate selection of bankers for IPO
AMC has already conducted a study to gauge whether the IPO can be executed successfully or not
In last two months, approvals for IPOs worth Rs 2,500 cr lapsed
Disagreement on valuations, poor financial performance, uncertainty in market are possible reasons
Funds find IPO waves too small to surf on
Deploy only 2.5% of their assets in companies listed since 2014
 "Funds find IPO waves too small to surf on")
G R Infraprojects, Shankara Building get Sebi's nod for IPO
IDFC Bank, Equirus Capital HDFC Bank co-manager are the merchant bankers of the issue
Text book publisher S Chand files papers for IPO
Proceeds from the issue would be utilised for repayment and prepayment of loans
