Under the new mechanism, non-banking finance companies (NBFCs) are providing up to Rs 8 lakh on a margin amount of Rs 2 lakh for a flat fee of Rs 2,000, said industry sources.
The public issue with a face value of Rs 10 per equity share is a complete offer-for-sale (OFS) of up to 32,500,000 equity shares
The stock market regulator usually attempts to respond to IPO documents in 30 days
Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar
Automotive component company Divgi Torqtransfer Systems Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
Purohit expects mergers, acquisitions activity in India will continue to be strong, aided by consolidation in consumer facing industries such as financial services, consumer internet-based companies
Market regulator Sebi has kept an initial public offering from Digit Insurance on hold, according to a document on its website
Go Digit had filed preliminary IPO papers with the capital markets regulator on August 17.
The IPO will comprise fresh issuance of equity shares worth Rs 370 cr and an offer-for-sale of equity stocks aggregating to Rs 370 cr by promoter Inox Wind, according to the DRHP
Oyo, formally known as Oravel Stays Ltd., is internally working toward a January IPO as executives are encouraged by a pick-up in demand
Enthused by the 40% grey market premium, investors have placed bids worth more than Rs 40,000 crore on the offer
The company allotted 68.4 lakh shares at Rs. 330 per share
Many are beefing up their investment banking teams and pitching for deals which otherwise would have gone to larger banks
So far in 2022, 51 IPOs have raised Rs 38,155 crore, down from Rs 64,768 crore through 55 issues in the same period last year.
The firm provides digital-first distribution of personal loans, home loans and health insurance to customers without the need of physical infra
Fresh fund raise Rs 455 crore, secondary share sale Rs 300 crore; company eyeing Rs 3,000 crore valuation; firm makes brass, steel and polyamide cages and stamped components
In August, 7 companies file DRHPs to raise Rs 10,425 cr - the most in 5 months
Hem Securities Ltd is the sole book-running lead managers to the issue. The equity shares of the company will be listed on the BSE and NSE
Response muted when compared to previous two IPOs; Lender to issue 15.84 million fresh shares via offering
The priced band for the IPO is Rs 500-525 per share