IPO Market

Honasa Consumer was valued at $1.2 bn in January, making it the first unicorn of 2022

Industry players say some companies plan to re-file their DRHPs so that they can have another stab at listing

Post listing, the stock extended decline and slipped 12 per cent below its issue price to Rs 446.45

A mix of rising inflation and interest rate hikes aimed at taming it have hurt stock market valuations and eroded investor appetite for the high-growth IPO candidates that have driven deals

Only 2 companies raised more than $500 mn via public offers in 2022

Uniparts India IPO: Brokerages say the issue is reasonably valued given the company's robust financial profile and leading global market position in its core products

Primary market momentum seen sustaining in an otherwise 'lacklustre' month

Paytm's stock price dive is the steepest first-year slide globally among IPOs that raised at least the same amount since Spain's Bankia SA's 82% drop in 2012

The 1,960 crore initial public offering (IPO) of Five-Star Business Finance opened for subscription on Wednesday, November 9 and will close on Friday, November 11

Bikaji's IPO was entirely a secondary share sale worth Rs 881 crore, while Medanta consisted of Rs 1,705-crore secondary share sale and Rs 500 crore worth of fresh fund raise

While high-profile tech IPOs have met with strong demand from the growing herd of retail investors, market pros have been more neutral on the stocks

The IPO of Bikaji Foods subscribed 67 per cent on Thursday, the first day of the issue

Rs 9,000 crore worth of issues lined up over the next six weeks

Industry players expect companies to advance their DRHP filings before new rules kick in

SEBI has agreed with Digit's reasoning and decided to remove the IPO's "abeyance" status from Monday and restart the review process, the two sources said

Float glass maker Gold Plus Glass Industry and engineering solutions provider Uniparts India have received capital markets regulator Sebi's approval to raise funds through initial public offerings (IPOs). The two companies, which had filed preliminary IPO papers with the Securities Exchange Board of India (Sebi) in April, obtained observation letters from the regulator during September 22-23, an update with the markets watchdog showed on Monday. In Sebi's parlance, the regulator's observation implies its go-ahead to launch an initial share-sale. Going by the draft papers, Gold Plus Glass Industry's IPO comprises a fresh issue of equity shares aggregating up to Rs 300 crore and an offer for sale (OFS) up to 1,28,26,224 equity shares by promoters and existing shareholders. As a part of the OFS, promoters -- Suresh Tyagi and Jimmy Tyagi -- will offer up to 10,19,995 equity shares each and investor PI Opportunities Fund-I will sell up to 1,07,86,234 equity shares. The company propose

Post listing, the stock moved 45 per cent higher to Rs 480 on the NSE and BSE, as against its issue price of Rs 330 per share.

Market players say issues have bunched up on account of companies rushing to hit the market before expiration of the result filing deadline

Sebi's planned move could upend Rs 30,000-crore broking industry

The offer for sale is expected to be anywhere between Rs 5000-5500 crore, say sources