Page 29 - IPO

Tega Industries IPO subscribed 219 times, generated bids worth Rs 95,000 cr

Retail portion subscribed 29 times, HNI 666 times and institutional investor 216 times

Insurer Star Health cuts IPO size after tepid subscription

It was subscribed at just 79%, getting bids worth $427.37 million, despite it extending the subscription period for its offering

Ride-hailing firm Ola plans IPO in first half of 2022, readies 'super app'

The firm has plans to raise up to $1 billion through an IPO

Star Health's IPO scrapes through as investment bankers prune OFS component

The Rs 7,240-cr issue received just 79% subscription before I-bankers stepped in

Tega Industries IPO subscribed 13.5x on day-2 on HNI, retail interest

Anand Rathi Wealth IPO subscribed 1.5 times on opening day

IPO-bound Metro Brands aims to utilise Rs 250 cr for store expansion

At present, the company has 586 stores in 134 cities spread across 29 states and union territories in India. Of these, 211 stores were opened in the last three years

Hospitality SaaS company Rategain aims to mop up Rs 1,300 cr via IPO

Hopes to regain pre-Covid level of $60 million ARR in FY22

India's biggest car dealer Popular plans $100 million listing: Report

Popular is set to be the first Indian auto dealership in a highly fragmented market to list

Tega Industries IPO subscribed 4.7 times on Day-1 on retail interest

Price band Rs 443-453 per share. At the top-end, company is valued at about 22x it FY21 earnings and will have a market cap of Rs 3,000 cr

Star Health IPO struggles to get subscribed, mops up only 20% by Day-2 end

Not even a single domestic institutional investor has applied for the IPO so far, data disclosed by stock exchanges shows

LIC asks its policyholders to update PAN details for participation in IPO

As per the proposed plan, up to 10 per cent of the LIC IPO issue size would be reserved for policyholders

Ahead of IPO, Anand Rathi Wealth raises Rs 194 cr from anchor investors

The company has decided to allocate 35.25 lakh equity shares to 12 anchor investors at Rs 550 apiece, valuing the transaction size at Rs 194 crore

Online brokerage Upstox allows IPO applications via WhatsApp

Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.

Star Health's Rs 7,250 crore IPO subscribed 12% on Day-1

Offer closes on Thursday. IPO is the third-biggest this year and 8th biggest ever to hit domestic market

SoftBank-backed Snapdeal targets $250-mn IPO in early 2022: Report

Snapdeal would become the largest tech company to test investors' appetite for IPOs after the disastrous debut of Paytm's parent, One 97 Communications Ltd

Anand Rathi prices IPO at Rs 530-550 a share; size Rs 660 cr at upper end

The IPO is entirely an offer for sale of 12 million shares; promoter entities Anand Rathi Financial Services, Anand Rathi and Amit Rathi are selling

Star Health IPO: Brokerages list positives & negatives

The IPO will be open for subscription from November 30 to December 02, in the price band of Rs 870 to Rs 900

Ten companies receive Sebi's go-ahead to raise funds through IPOs

Others include VLCC Health Care and Metro Brands

Gemini Edibles, Data Patterns, 8 other firms get Sebi nod to float IPOs

As many as 10 companies, including Gemini Edibles & Fats India, defense supplier Data Patterns (India) Ltd, and digital mapping company MapMyIndia have received markets regulator Sebi's go-ahead

IPOs of Star Health and Tega to hit market next week to raise Rs 7,868 cr

Two companies Star Health and Allied Insurance Company and Tega Industries are set to float their initial public offerings (IPOs) next week to cumulatively raise Rs 7,868 crore