Page 43 - IPO

Heavy retail rush for 4 IPOs puts banking system under pressure

According to industry players, the many banks found it difficult to process the record 10 mn retail applications garnered, leading to higher failure rate, delayed OTP messages

Windlas Biotech IPO oversubscribed 22.46 times on closing day

The Rs 401.53-crore offer had a price range of Rs 448-460 per share

All four IPOs oversubscribed a day before close on robust retail interest

Superb listing gains made by companies listed recently have prompted investors to enthusiastically participate in all IPOs

Chemplast Sanmar IPO to open on Aug 10; price band fixed at Rs 530-541

The company aims to raise Rs 3,850 crore through the IPO, which will include Rs 1,300 crore fresh issue and offer for sale up to Rs 2,550 crore by promoters

Retail investors relish busiest day for IPOs since 2007, lap up 4 issues

Market experts say buoyed by returns from recent IPOs, retail investors are now subscribing to all offers being launched. The last four firms to list have seen gains of 65-113% on the first day

Windlas Biotech, Exxaro Tiles IPOs fully subscribed within hours of opening

Four initial public offerings (IPO) -- Windlas Biotech, Exxaro Tiles, Krsnaa Diagnostics and Devyani International -- have opened for subscription from Wednesday.

Nuvoco Vistas IPO to open on Aug 9; price band set at Rs 560-570/share

Nuvoco Vistas Corporation, part of the Nirma Group, on Wednesday said it has fixed a price band of Rs 560-570 a share for its Rs 5,000 crore initial public offering

Sebi sets up an expert group to examine IPO book-building process

Market regulator observes several shortcomings in the existing procedure

Should you bid for loss-making Devyani International's Rs 1,800 crore IPO?

At the upper end of the price band, Devyani is offered at 9.5x market capitalisation/sales as per FY21 financial statement, compared to peers like Jubilant Foodworks (15x), Westlife Development (8.8x)

Falguni Nayar gets her turn as billionaire startup CEO with Nykaa IPO

Nykaa, her brainchild, has grown into India's top e-commerce site for beauty products.

Nykaa files DRHP with Sebi, to raise Rs 525 crore via fresh equity

Promoters and investors selling shares via OFS upto 43.1 million

Adani Wilmar files draft papers for Rs 4,500 crore-IPO with Sebi

Edible oil major Adani Wilmar Ltd (AWL) on Monday filed the draft red herring prospectus with markets regulator Sebi for an initial public offer to raise up to Rs 4,500 crore.

Policybazaar files DRHP with Sebi, aims to raise over Rs 6,000 cr via IPO

Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore

5 pharma/healthcare IPOs to raise over Rs 8,000 cr this month

Riding on huge investor interest in the healthcare sector, five pharma companies are tapping the initial public offering (IPO) market over the next couple of weeks to raise over Rs 8,000 crore.

NSE seeks Sebi's go-ahead for IPO amid mounting pressure from shareholders

Sources said the market regulator is yet to give a go-ahead to the exchange

Anil Agarwal's Sterlite Power Transmission hires two banks for IPO

The IPO will mainly consist of new shares, and more bankers may be added as plans progress

KFC, Pizza Hut brand operator eyes Rs 10,823 cr valuation in IPO

Ravi Kant Jaipuria-promoted Devyani International prices its IPO between Rs 86-90

Microsoft looks to tap into Oyo before its potential IPO: Report

The deal could be announced in the coming weeks and would be a prelude to an initial public offering (IPO) by Oyo, the source said

Glenmark Life's Rs 1,500 cr IPO subscribed 45x on strong HNI interest

Rolex Rings subscribed 9.3 times a day before close

IPO market nears peak as valuations hit 20-yr high, analysts raise concern

Low interest rates, hefty returns have driven record demand for IPOs, but with valuations for newly public companies now at levels last seen during dot-com bubble, some analysts are raising concerns