Net proceeds from the fresh issue are proposed to be utilised for funding the rollout of new company-owned Burger King Restaurants and for general corporate purposes
The IPO comprises fresh issuance of shares worth Rs 50 crore and offer of sale to the tune of Rs 500 crore by existing shareholders
A day earlier, the Chennai-based firm had allotted shares worth Rs 140 crore to anchor investors
A total of $95 billion was raised through 445 IPOs
The initial public offer of Equitas Small Finance Bank was subscribed 39 per cent on the first day of bidding on Tuesday
The two lapped up the bulk of shares during the offers for sale of HAL, Bharat Dynamics
In this podcast, Business Standard's Shrimi Choudhary discusses what has been done so far in the LIC IPO, what needs to be done to be on track and about the complexities surround the listing
Equitas Small Finance Bank (SFB) is likely to see good response for its Rs 520-crore IPO, going by the trend in the grey market
The stock closed the session at Rs 136.6, against the issue price of Rs 130 per share
ESFB filed the papers on October 11, EHL said in a regulatory filing. The prospectus was taken on record by the RoC on October 13, it added
UTI AMC IPO was subscribed 2.3 times, that is, it received bids for 6.31 crore equity shares as compared to the issue size of 2.73 crore shares
The last instance of an IPO listing at a discount was that of SBI Cards, in March. It, too, had ended 10 per cent lower amid the turbulence caused by the pandemic
The initial public offer (IPO) is entirely an offer-for-sale through which government will offload 8.66 crore equity shares, draft papers filed with Sebi showed
Beckham-backed Guild Esports said on Tuesday it raised £20 million ($25.6 million) in a London listing, buoyed by the rising popularity of online games.
Oil and gas pipeline infrastructure service provider Likhitha Infrastructure's initial public offer has been extended till October 7 and the price band has also been revised lower
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans
The regulator has said the validity of Sebi observations for initial public offerings (IPOs) expiring between October 1, 2020 and March 31,2021 will be extended till March 31, 2021
State Bank of India, Life Insurance Corporation of India (LIC), Punjab National Bank, Bank of Baroda, and T Rowe Price International are selling shares
Those who invest in an IPO are among the first to buy shares in the company after it goes public and hence there is a price discovery that is yet to happen
The firm is a manufacturer of specialised chemical products