Page 58 - IPO

Route Mobile makes strong debut in stock market, lists at 86% premium

The Rs 600-crore IPO of Route Mobile was subscribed 75x

CAMS IPO subscribed 82% on day 1, retail investor portion fully subscribed

CAMS has priced its IPO in the range of Rs 1,229-1,230 per share

Chemcon IPO: How momentum in the pharma sector is positive for the company

Chemcon Speciality is the only manufacturer of HMDS in India & 3rd largest worldwide. Besides, it is the largest player of CMIC in India. Both these chemicals are predominantly used in pharma sector

CAMS IPO opens today: Four reasons why analysts suggest subscribing to it

As of June 2020, CAMS services four out of five largest AMCs - HDFC MF, ICICI Prudential MF, SBI MF, and Aditya Birla Sun Life MF.

Angel Broking to launch Rs 600-cr initial public offering next week

Angel Broking will be looking to ride the boom in broking industry seen this financial year

India Inc looks to raise more than Rs 50,000 crore from IPOs in FY21

At least 80 companies are in the process to tap the primary market to raise approximately Rs 51,515 crore equity capital in FY 2020-21 with benchmark indices up by 50% since March

The drought for India's IPOs may be easing in their worst year since 2016

A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest in 4 years

Happiest Minds & Route Mobile: investors bet Rs 90,000 cr on two tiny IPOs

Hopes of bumper listing, success of last offering seen driving subscriptions of Happiest Minds & Route Mobile

With Happiest Minds, 77-year-old Ashok Soota hits IPO jackpot a second time

Happiest Minds, which gets almost all of its revenue from digital services, is one of two IPOs this week to woo Indian investors

LIC IPO may offer 10% discount to employees under special quota

Govt to pitch for amendments in the LIC Act in the Monsoon session starting September 14

Happiest Minds IPO subscribed 151 times, sees bids worth Rs 58,000 cr

Through the IPO, Happiest Minds was looking to raise Rs 110 crore in fresh capital

Happiest Minds IPO opens today. Key things to know before you invest

The net proceeds of the offer will be utilised to meet the long term working capital requirement of the company.

Happiest Minds to launch Rs 702 cr initial public offering on Sept 7

The management said the fundraising will be used to meet immediate working capital requirements while the cash balance in the balance sheet will be kept aside for strategic initiatives

September may see end of one-month IPO drought with five hitting the market

Despite supportive markets, August saw no new offerings

Kalyan Jewellers files for Rs 1,750-cr IPO in largest offer in its sector

Issue involves fresh fundraise of Rs 1,000 cr and Rs 750 cr secondary share sale by promoter T S Kalyanaraman and PE firm Warburg Pincus

Govt to hire Deloitte, SBI Capital Markets to help LIC prepare for IPO

Prime Minister Narendra Modi's government is keen to go ahead with the initial public offering -- potentially India's biggest -- to help plug a widening budget gap.

Rossari Biotech shares soar 75% on debut on the back of huge demand

The last company to list following an IPO was SBI Cards on March 16

Rossari Biotech IPO subscribed 79.4 times, generates bids worth Rs 27K cr

Rossari is the first IPO to hit the domestic markets since a national lockdown was declared in early-March.

Rossari Biotech IPO: Why Covid-19 outbreak may be positive for the company

Analysts at Choice Broking remain positive on the company's prospects on hopes that India could compete with China to become a global manufacturer in the post Covid-19 era

Rossari Biotech to launch Rs 500 cr initial public offering on Monday

Rossari has reduced the fresh issue component from Rs 150 crore to Rs 50 crore