Page 2 - Initial Public Offerings Ipos

Dreamfolks Services' shares jump nearly 42% in stock market debut

The successful listing follows a strong response to the company's maiden share sale, which had garnered nearly 57 times subscription last month

Blue Jet Healthcare files draft papers with Sebi for Rs 2,100-cr IPO

Mumbai-based Blue Jet Healthcare, is a specialty pharmaceutical and healthcare ingredient and intermediate company

Fewer IPOs in 2022: How long before the primary market revs up?

As against over 60 companies that took the IPO route last year, only 16 companies have floated their initial public offers this year. Take a dive into the reasons behind the lull this year

Primary market revival is still some time away, say analysts

Inflation trajectory and the actions of global central banks, especially the US Fed will be keenly watched by market participants. In this backdrop, primary markets will remain in wait and watch mode

Syrma SGS Technology IPO subscribed 32.6x on final day of bidding

The qualified institutional buyers (QIBs) was subscribed 87.5 times, high networth individual (HNI) portion 17.5 times and retail portion 5.5 times

Equity investors richer by over Rs 12.74 trn in four-day rally

In four days, the BSE benchmark has jumped 2,847.01 points or 5.15%

Senco Gold, DCX Systems, HMA Agro Industries get Sebi's nod to float IPOs

Jewellery retail player Senco Gold Ltd, electronic sub-systems and cable harnesses maker DCX Systems and frozen meat exporter HMA Agro Industries have received Sebi's nod to raise funds through IPOs. The companies, which filed their preliminary IPO (Initial Public Offering) papers with Securities and Exchange Board of India (Sebi) between March and April, obtained their observation letters during July 5-7, an update with the regulator showed on Monday. In Sebi's parlance, issuance of observation letter implies its nod to float IPO. Together, the three firms are expected to mop-up Rs 1,605 crore through the initial share sales. The equity shares of the companies are proposed to be listed on both the bourses -- BSE and NSE. Going by the draft papers, Senco Gold's Rs 525 crore-IPO will comprise fresh issue of equity shares aggregating up to Rs 325 crore and an Offer For Sale (OFS) of equity shares to the tune of Rs 200 crore by selling shareholder - SAIF Partners India IV Limited. Th

Agro-chemical firm GSP Crop Science plans Rs 500-cr IPO next year

Agro-chemical firm GSP Crop Science Pvt Lt is looking to launch a Rs 500-crore IPO (Initial Public Offering) by next year, according to its managing director Bhavesh Shah.

Corrtech International gets Sebi's go-ahead to raise funds through IPO

Corrtech International, a pipeline laying solutions provider, has received capital markets regulator Sebi's go ahead to raise funds through an Initial Public Offering (IPO).

eMudhra collects Rs 124 crore from anchor investors ahead of its IPO

Digital signature certificate provider eMudhra Ltd on Thursday said it has raised Rs 124 crore from anchor investors ahead of its initial public offering which opens for subscription on Friday. The company has allocated 48,37,336 equity shares to anchor investors at Rs 256 per share, aggregating the transaction size to Rs 123.83 crore, according to a circular uploaded on BSE website. Aditya Birla Sun Life Mutual Fund (MF), Motilal Oswal MF, Nippon India MF, SBI MF, Baring Private Equity India, Hornbill Orchid India Fund, Pinebridge India Equity Fund and Abakkus Growth Fund are among the investors that participated in the anchor book. The company has cut the size of the fresh issue from Rs 200 crore to Rs 161 crore. Besides, there will be an Offer-For-Sale (OFS) of 98.35 lakh shares by promoters and existing shareholders. As a part of the OFS, promoters -- Venkatraman Srinivasan and Taarav Pte Ltd -- will offload 32.89 lakh equity and 45.16 lakh equity shares respectively. In addit

LIC's listing-day show second-worst globally for big IPOs this year

The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO

All the world's a stage for unicorns

In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Market boom, success of global start-ups key drivers

Top headlines: Sebi panel to study IPO books, Byju's sets US targets

Business Standard brings you the top headlines on Wednesday

Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report

The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital

Yatharth Hospital & Trauma Care Services files initial papers for IPO

Yatharth Hospital & Trauma Care Services Ltd has filed preliminary papers with Sebi for an initial public offering that will include sale of fresh equity shares worth Rs 610 crore. The company operates and manages private hospitals in the Delhi-NCR region. The Initial Public Offering (IPO) consists of a fresh issue of equity shares aggregating up to Rs 610 crore and an Offer For Sale (OFS) offer for sale of up to 65.51 lakh equity shares by the company's promoters and promoter group entities. As many as 37.43 lakh equity shares would be sold by Vimla Tyagi, 20.21 lakh equity shares by Prem Narayan Tyagi and 7.87 lakh equity shares by Neena Tyagi. The company may also consider a pre-IPO placement aggregating up to Rs 122 crore. The firm intends to utilise the net proceeds for repayment or prepayment in full or part of certain borrowings availed by the company and its subsidiaries, and for funding capital expenditure expenses, among others. The proceeds will also be used for fundin

Gujarat Polysol Chemicals files DRHP for Rs 414-crore IPO

The company will use the net proceeds towards repayment or pre-payment in full or in part of all borrowing availed by the company and general corporate purposes

Investment bankers add weight to Jhunjhunwala's take on realty IPOs

Top private property developers say IPOs are just one source of fundraising

Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday

The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit D-street in March

Top headlines: LIC IPO, BSE500 headline P/E falls, Tata Steel's NINL bid

Business Standard brings you the top headlines at this hour.