Market players said the response was lukewarm when compared to some of the recent issues
In this podcast, Mr Vinod Nair, Head of Research at Geojit Financial Services and Mr. Ajit Mishra, VP Research, Religare Broking discusses and compares the IPOs of Indigo Paints and Home First Finance
The IPO aggregating up to Rs 1,153.71 crore comprises a fresh issue of up to Rs 265 crore and an offer-for-sale aggregating up to Rs 888.71 crore by promoters and existing shareholders, the firm said
The offer received bids for 1,52,64,04,775 shares against 1,24,75,05,993 shares on offer, as per the data available with NSE
Its Rs 541-crore initial public offering (IPO), which was launched in December, remains the most subscribed issue in over three years by any company
The shares of civic services provider Antony Waste Handling Cell has already lost a third of its listing gains a week after its market debut
It is targeting $ 1 billion in GMV by 2025 (from around $ 75 million) based on Goldman Sachs discussions with the company's top brass sometimes ago
The Indian anchor list was dominated by mutual funds, with just one insurance firm HDFC Life Insurance in the top 15; it contributed Rs 109 crore
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation (IRFC), and Suryoday Small Finance Bank are among the companies looking to tap the market
The company has a post-listing market capitalisation of Rs 1,152 crore
The next capex cycle may turn the tide, say experts
Massive beneficiary of the covid situation has been the startups which are growing rapidly on the back of digital adoption, which is witnessing an acceleration worth multiple years in just few months
Of this, Rs 1.44 trillion was raised through QIPs and rights issues
Rajni Bector started Mrs Bectors with an investment of Rs 300. Recently the company's IPO was oversubscribed 198 times, raising Rs 541 crore
The proceeds will be used for repayment of debt, the firm said in the draft red herring prospectus (DRHP
Four of the five most-subscribed initial public offers are down 12-71% over day-one listing gains
The portion reserved for employees was subscribed the most (30x); the retail investors' portion was subscribed 16.4x, the wealthy investor portion 8.6x, and the institutional investor portion 4.7x
A stock market debut sets up a clash between US rivals as listed peers in India
The company on Monday had allotted shares worth Rs 162 crore to anchor investors
Eliciting robust response from investors, the initial share sale of Mrs Bectors got oversubscribed within a few hours of opening for subscription Tuesday and ended the day with 3.72 times subscription