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Promoters SBI and Carlyle Group will offload 3.73 crore shares and 9.32 shares respectively
SBI Cards is the second-largest credit card issuer in India, with an 18.1 per cent market share of the market as of November 2019
The company plans to issue new shares worth Rs 500 crore and will offer up to 130.5 million shares for sale
Khuntia also asked insurance companies to "weed out" loss-making products and concentrate only on the better paying ones
The proposed listing will help the government in achieving its disinvestment target of Rs 2.1 trillion for 2020-21
All India UTI AMC Officers' Association approaches Sebi, says draft prospectus does not highlight contingent liabilities
The entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares
The shares of the company are proposed to be listed on the BSE and NSE
The IPO closes on Tuesday
Share offer saw huge demand despite concerns over weakness in secondary market, pricing of shares
The issue is in a price band of Rs 930-938 per share
Prataap Snacks last week garnered a little over Rs 143 crore from anchor investors
Shares to be offered at a price band of Rs 930-938 until Sept 26
Early Karuna holders saw more than 420 per cent returns since the June IPO at $16 a share
The issue size is expected to be Rs 3,000-4,000 crore, valuing the AMC at Rs 10,000-11,000 crore
On average, IPO stocks listed 20 per cent higher than their issue price on a listing day
Price band of the offer has been fixed at Rs 177-178
The equity shares of the company will be listed on the BSE and the NSE.
It has set a price band of Rs 177-178 per equity share for the IPO
Mohandas Pai expects food delivery platforms Swiggy and Zomato, as well as PhonePe and Myntra to list in local markets in next few years