Page 13 - Initial Public Offerings Ipos

GoAir plans to add new routes ahead of IPO, looks to hire senior executives

The airline currently operates 37 of its total fleet of 53 Airbus A320 aircraft

Flurry of IPOs: Sebi sounds alert on threat of technical glitches

Asks intermediaries to stagger the offerings as much as possible

Easy Trip IPO subscribed 7x on Day 2

Easy Trip has set a price band of Rs 186-187 per share

Sebi bans Ashika Capital from accepting new clients for 3 months

Markets regulator Sebi on Wednesday prohibited Ashika Capital from accepting any new clients for three months for lapses in its role as a merchant banker in the IPO of Sudar Industries. The present matter emanates from an investigation carried out by Sebi into the IPO of Sudar Industries Ltd (SIL) for which Ashika Capital Limited was the Book Running Lead Manager (BRLM). Consequent to such investigation, lapses in Ashika Capital's role as the BRLM were found. In its order, Sebi said that the issuer company did not disclose the transactions of Addon Exports, A R Fabrics, ElimTraders, R J Traders and Shalom Fashion, which were proprietorship firms of employees of SIL and persons connected or related to key management personnel of SIL, in the Related Party Transactions. Moreover, Sebi noted that Ashika Capital did not take any step to seek clarification from the company towards verification of the genuineness of the information before disclosure in the prospectus. The merchant banker

Sebi streamlines IPO application process, issues new guidelines

The market regulator identified key issues plaguing the UPI payment process and issued operational guidelines to address them

Analysts game for Rakesh Jhunjhunwala-backed Nazara Technologies

Nazara Technologies is an Indian gaming and sports media platform. It's Rs 583 crore-IPO will run through March 17-19 and will be entirely an offer for sale (OFS)

Bain Capital-owned Diversey aims for $6.38 billion valuation in US IPO

Diversey is seeking to raise up to $970 million in its IPO from selling about 46.2 million shares priced between $18 and $21 apiece, according to the company's filing

Shares of MTAR Technologies gain 87% on stock market debut

At the closing price, MTAR had a market capitalisation of Rs 3,317 crore. The strong listing follows a blockbuster initial public offering (IPO), where demand had exceeded supply by 200 times

Kalyan Jewellers IPO opens Tuesday: A good long-term bet, say analysts

The company's performance was impacted significantly during fiscal 2018-19 and in the nine months of the current fiscal (9MFY21) due to natural calamities in the South India and Covid-19 pandemic

Best of BS Opinion: No space for SPACs, NSE trading outage, and more

Here's a selection of Business Standard opinion pieces for the day

Suryoday SFB fixes IPO price band at Rs 303-305 per equity share

The IPO consists of a fresh issue of Rs 250 crore and an offer for sale (OFS) of up to Rs 350 crore by existing shareholders

Anupam Rasayan India IPO fully subscribed on first day of the issue

The wealthy investor portion was subscribed 9 per cent, with the retail investor portion subscribed 2.5x the number of equities allotted to them

Anupam Rasayan IPO subscribed 1.29 times on first day

The initial public offer of speciality chemicals company Anupam Rasayan India Limited was subscribed 1.29 times on the first day of subscription on Friday

SoftBank-backed Grab in talks to go public in nearly $40 bn SPAC deal

The Wall Street Journal reported earlier in the day SoftBank-backed Grab was in talks with Altimeter Capital Management LP.

Decoded: What is SPAC and is it the real thing or a misplaced hype?

Special Purpose Acquisition Companies, or SPACs, are listed shell companies created with the sole purpose to acquire unlisted or private companies and then merge with the latter

Kalyan Jewellers' IPO opens on March 16; price band fixed at Rs 86-87

Promoter TS Kalyanaraman is selling shares worth Rs 125 crore and Warburg Pincus is selling shares worth Rs 250 crore in the IPO

SoftBank-backed Coupang raises $4.6 billion in US IPO

(Reuters) - Coupang LLC, South Korea's largest e-commerce company, raised $4.6 billion in the biggest share offering in the United States this year after selling stocks in IPO above its deal target range, the company said on Thursday.

Explained: What is driving so many retail investors to the IPO market?

Flurry of activity in post-Covid era, average retail applications for 20 issues since Sept have nearly tripled

Utkarsh Small Finance Bank files draft papers for Rs 1,350-crore offering

The Initial Public Offer (IPO) comprises fresh issue of equity shares worth Rs 750 crore and an offer of sale to the tune of Rs 600 crore by promoter Utkarsh Coreinvest Ltd

IPO party going strong, shrugs off bond jitters; MTAR IPO subscribed 200x

Meanwhile, shares of agro chemical company Heranba Industries rose about 50 per cent on debut