Page 12 - IPO

Natural stone processor Global Surfaces files IPO draft papers with Sebi

The IPO comprises fresh issuance of 85.20 lakh equity shares and an offer-for-sale (OFS) of up to 25.5 lakh equity shares by promoters ---- Mayank Shah and Sweta Shah, according to the DRHP.

Officer's Choice whisky maker Allied Blenders files Rs 2,000-cr IPO papers

The IPO comprises fresh issue of equity shares worth Rs 1,000 cr and an Offer For Sale to the tune of Rs 1,000 cr by promoter and promoter group entity, according to the DRHP

15-yr record in IPO filing with Sebi belies market volatility, shows data

This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture

Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO

The IPO comprises fresh issuance of equity shares worth Rs 370 crore and an offer-for-sale of equity stocks aggregating to Rs 370 crore by promoter Inox Wind

India Exposition Mart gets Sebi's go ahead to float Rs 600-cr IPO

Going by the draft papers, the company may consider a private placement of equity shares aggregating up to Rs 75 crore. If such pre-IPO placement is undertaken, the fresh issue size will be reduced.

IIFL Home Finance looks to raise Rs 5,000 cr via direct assignment

Firm to scale up funding to developers, especially those complying with green finance norms

Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming

DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr

PhonePe prepping for IPO; seeks valuation of $8 bn-$10 bn: Report

Also, the company has initiated plans to move its registered holding entity from Singapore to India, underlining its 'made in India' credentials.

On the radar: IPOs suck mutual fund liquidity in May, shows data

Overall, MFs invested Rs 29,400 crore last month even as overseas investors sold shares worth Rs 42,900 crore

Ahmedabad-based Nandan Terry scraps IPO plans; withdraws draft papers

Nandan Terry, part of the Chiripal group, has decided to withdraw its Rs 255-crore initial public offering (IPO).

Over 4.5-million IPO mandates created via UPI in May, shows data

In May, 4.5 million IPO mandates were created through UPI and a record 2.4 million mandates got executed, data shows

Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank

It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers

Tuticorin-based Tamilnad Mercantile Bank gets Sebi's nod to float IPO

Going by the draft papers, the bank proposes to utilise the net proceeds from the fresh issue towards augmenting its Tier-I capital base to meet its future capital requirement

40% IPOs this year failed investors amid weak secondary market conditions

Weak secondary market conditions weigh on listing-day performance

PayMate India files papers with Sebi to raise Rs 1,500 cr through IPO

The initial share-sale comprises fresh issue of equity shares worth Rs 1,125 crore and Offer-for-sale (OFS) of Rs 375 crore by promoters, investors and other shareholders

Investment bankers ride on record IPOs in FY22 to mint bumper pay

Bonuses in FY22 ranged from 100 to 200% of annual pay

Aether Industries' IPO subscribed 6.3 times on final day of offer

Aether's Rs 808-crore offering capped a busy month for IPOs, which saw a cumulative mop up of Rs 30,140 crore by eight companies

Adani's food venture Adani Wilmar Ltd is best-performing IPO in Asia

The food company has almost tripled since its debut while most newcomers are trading under water

Aether Ind IPO subscribed 49% a day before close on sparse overall interest

None of the three investor categories completes quota, with HNI interest being the dullest at 16%

Fairfax-backed Digit Insurance targets $5 billion in IPO valuation: Report

Digit has appointed Morgan Stanley and Indian investment bank ICICI Securities as bookrunners for the deal