Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering.
Deal done at Rs 326 apiece to three anchor investors Nippon India, Kotak Life Insurance and India SME Investments
The much-awaited IPO of Life Insurance Corporation is set to open for subscription today, after it recorded bumper participation from anchor investors. Find out if you should subscribe to it.
Insurer raises Rs 5,627 cr in anchor book but overseas investors disappoint
The proposed maiden public offer by state-owned Life Insurance Corporation of India (LICI) has received interests from more than 25 anchor investors both foreign and domestic, an official said
Ruchi Soya has priced its FPO in the range of Rs 615-Rs 650 per share.
LIC's underwriters have seen muted interest during early meetings with potential anchor investors, says Bloomberg.
LIC IPO: Banks plan to file the draft IPO prospectus with the markets regulator by the first week of December, once the embedded value of the firm is finalised, say sources
BNP Paribas, HDFC Balanced Advantage Fund, Nippon Life India Small Cap Fund and Abakkus Growth Fund among those to have got allotment
Analysts said the allotment made to anchor investors by these two companies was relatively low which helped prevent any intensive selling pressure
Govt asks I-bankers to approach big investors
Heightened selling pressure in stocks where anchor contribution is high. Five of the 12 firms had allocated more than 10% of outstanding shares to anchor investors
Sebi board sets minimum 5% gap in issue price bands
The existing lock in of 30 days shall continue for 50% of the portion allocated to anchor investor, says Sebi as part of stricter measures to reform IPO market
After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing
The price band for Medplus' Rs 1,398-crore IPO is Rs 780-796 per share.
Will vaccine crunch hurt India's fight against Covid-19? Internet shutdowns bleeding Indian businesses? What RBI policy means to the markets? What's the new lock-in period for IPOs? All answers here
The one-month lock-in period for anchor investors in newly-listed companies Nykaa, Paytm, PolicyBazaar and others ended on Wednesday. What is this lock-in period? Why did SEBI increase it? Let's finds
33% of anchor book allocated to 9 mutual funds through 17 schemes
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