Page 13 - IPO

Venus Pipes stock gains 9% on listing; eMudhra IPO subscribed 2.7x

Through the IPO, Venus Pipes raised Rs 165.4 crore in fresh capital

OYO plans IPO after September, may settle for lower valuation: Report

OYO's move to launch the IPO after the September quarter is mainly driven by the expectation of improvement in its financial performance and the current volatile nature of the market

Logistics firm Delhivery tests mood for India IPOs after LIC's muted debut

Delhivery is set to list on Tuesday after an initial public offering (IPO) that raised Rs 5,235 crore ($684 million) - India's second-largest this year after LIC's milestone deal

eMudhra IPO subscribed 96% on day 2, issue subscribed 1.7 times

The IPO comprises Rs 200 crore fresh fund raise and Rs 213 crore secondary share sale.

Ahead of IPO, Aether Industries garners Rs 240 cr from anchor investors

Aether Industries is a speciality chemicals manufacturer focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and tech core competencies

HNI interest sees Ethos IPO scrape through with just 1.03x subscription

Retail investor portion subscribed 82%, HNI was covered 1.48x and institutional investor category received 1.06x subscription

Sajjan Jindal's JSW Infrastructure plans public listing by March 2024

The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing

Paradeep Phosphates IPO scrapes through on Day 3; issue subscribed 1.75x

The retail investor portion of the issue was subscribed 1.37 times, HNI portion was covered 82% and institutional investor category saw three times subscription

Aether Industries' Rs 808-cr IPO to open May 24; price band at Rs 610-642

Proceeds from the fresh issuance will be used to fund the speciality chemicals company's capex requirements for the proposed new project in Surat, fund working capital requirements and to pay debt

Paradeep Phosphates IPO subscribed 51% day before close on retail interest

Retail investor portion subscribed 91%, HNI 20%; institutional investor category received negligible bids

Luxury watch player Ethos IPO to open on May 18; price band Rs 836-878

Proceeds from the fresh issuance will be utilised for repayment of debt, funding working capital requirements, opening new stores and general corporate purposes

Go First plans IPO of up to Rs 3,600 cr by July after deferring for months

The airline plans to increase daily flights, add 10 new aircraft by March 2023

After tepid market debut, antsy LIC investors seek Aramco-style dividend

Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the govt

Fedbank Financial, Dreamfolks, Archean Chemical get Sebi nod to float IPOs

In Sebi's parlance, its observation implies the company concerned has received the approval to launch the IPO.

Investors should hold on to stock for long term: DIPAM Secy on LIC listing

'Nobody can predict the market. We have been saying that it should not be held for a particular day but for more than a day,' Tuhin Kanta Pandey told reporters after the listing of LIC shares

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Market boom, success of global start-ups key drivers

LIC set for lacklustre market debut despite oversubscription: Analysts

Volatility in global markets and selling pressure in the domestic stock market are likely to cast a shadow on LIC's listing

Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report

The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital

eMudhra sets IPO price band at Rs 243-256 per share, sale to open on May 20

Digital signature certificate provider eMudhra Ltd on Monday said it has fixed a price band of Rs 243-256 a share for its Rs 413-crore Initial Public Offering (IPO).

Faith of millions of Indian small investors put to test with LIC debut

The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.