Page 7 - Latest Updates on IPO
Kaynes Technology's IPO subscribed 1.10 times on Day 2 of offer
On Wednesday, Kaynes Technology had raised Rs 257 crore from anchor investors
 "Kaynes Technology's IPO subscribed 1.10 times on Day 2 of offer")
A day before IPO, Inox Green mobilises Rs 333 crore from anchor investors
The funds were raised a day before its initial share-sale that opened for public subscription on Friday. The issue will conclude on November 15
 "A day before IPO, Inox Green mobilises Rs 333 crore from anchor investors")
Thumbs up for govt's Axis Bank share sale; OFS gets fully subscribed
SUUTI's exit removes overhang on stock, say experts
 "Thumbs up for govt's Axis Bank share sale; OFS gets fully subscribed")
Kaynes Technology's IPO subscribed 23% on Day 1 of offer: NSE data
DAM Capital Advisors and IIFL Securities are the book-running lead managers to the IPO
 "Kaynes Technology's IPO subscribed 23% on Day 1 of offer: NSE data")
Archean Chemical Industries IPO subscribed 1.41 times on Day 2 of offer
The price range for the offer is at Rs 386-407 per share
 "Archean Chemical Industries IPO subscribed 1.41 times on Day 2 of offer")
Ahead of IPO, Kaynes Technology garners Rs 257 cr from anchor investors
The issue, with a price band at Rs 559-587 per share, will open for public subscription November 10 and conclude on November 14
 "Ahead of IPO, Kaynes Technology garners Rs 257 cr from anchor investors")
Archean Chemical Industries IPO subscribed 30% on first day of offer
The Initial Public Offering (IPO) received bids for 59,41,260 shares against 1,99,57,325 shares on offer, according to NSE data
 "Archean Chemical Industries IPO subscribed 30% on first day of offer")
Keystone Realtors fixes share price band at Rs 514-541 for Rs 635 cr IPO
The initial share-sale will open for public subscription on November 14 and conclude on November 16
 "Keystone Realtors fixes share price band at Rs 514-541 for Rs 635 cr IPO")
Muthoot Pappachan Group plans Rs 1,800-cr IPO for its microfinance arm
This is the third largest MFI with a client base of 2.2 million across 18 states and served by its 1,008 branches. As of September 2022, the company had an active loan book of Rs 7,500 crore.
 "Muthoot Pappachan Group plans Rs 1,800-cr IPO for its microfinance arm")
Sah Polymers, Sula Vineyards get Sebi's nod to float IPOs to raise funds
In Sebi's parlance, the regulator's observation means its go-ahead to launch an initial share sale
 "Sah Polymers, Sula Vineyards get Sebi's nod to float IPOs to raise funds")
Awfis aims to double revenue to Rs 600 cr in FY23; IPO by Dec next year
At present, Awfis has 150 centres across 17 cities, comprising about 90,000 desks. It offers a desk in a price range of Rs 7,000-20,000 per month
 "Awfis aims to double revenue to Rs 600 cr in FY23; IPO by Dec next year")
White-knuckle volatility forces companies to let IPO approvals lapse
Some firms may blue-pencil valuations because of capital requirement compulsions or for providing exits to their investors. Still others can afford to wait
 "White-knuckle volatility forces companies to let IPO approvals lapse")
Inox Green IPO to open on Nov 11, sets price band at Rs 61-65 per share
Inox Green Energy Services, a subsidiary of Inox Wind, has fixed a price band of Rs 61-65 per share for its Rs 740-crore initial public offering
 "Inox Green IPO to open on Nov 11, sets price band at Rs 61-65 per share")
Freshworks faces class action lawsuit in US for false statements during IPO
One of the two law firms suing Freshworks is urging investors who have incurred losses of $100,000 to join the litigation, asserting that the company has violated federal security laws
 "Freshworks faces class action lawsuit in US for false statements during IPO")
Kaynes Technology IPO set to open on Nov 10; fresh issue size at Rs 530 cr
The company has cut fresh issue size to Rs 530 crore from Rs 650 crore planned earlier
Global Health IPO subscribed 26%; Five Star IPO to open on Nov 7
The IPO of Bikaji Foods subscribed 67 per cent on Thursday, the first day of the issue
 "Global Health IPO subscribed 26%; Five Star IPO to open on Nov 7")
Fusion Micro Finance IPO subscribed 29% on Day 2 of offer: NSE data
On Tuesday, Fusion Micro Finance said it has raised a little over Rs 331 crore from anchor investors
SBI Mutual Fund's IPO plan shelved for now, says chairman Dinesh Khara
Khara said the planned share sale of the bank's mutual fund subsidiary has been shelved for the time being
 "SBI Mutual Fund's IPO plan shelved for now, says chairman Dinesh Khara")
Fusion Micro Finance IPO receives 12% subscription on Day 1 of offer
Net proceeds of the fresh issue will be used to augment the capital base of the microfinance firm
 "Fusion Micro Finance IPO receives 12% subscription on Day 1 of offer")
Amid heavy sell-off, FPIs dump 30 mn Paytm shares in less than a year
The retail shareholding has increased to 6.37% at the end of September, as compared to 2.79% at the time of listing
 "Amid heavy sell-off, FPIs dump 30 mn Paytm shares in less than a year")
