Page 5 - Initial Public Offerings Ipos

Companies raised Rs 52,759 cr from IPOs till October this fiscal: FM

A total of Rs 52,759 crore has been raised by 61 firms through IPOs till October this fiscal, higher than the funds mopped up through this route in the last financial year, govt said

Anand Rathi Wealth IPO subscribed 3 times on Day 2 on retail interest

The Rs 660-crore initial share-sale received bids for 2,55,81,204 shares against 84,75,000 shares on offer

Insurer Star Health cuts IPO size after tepid subscription

It was subscribed at just 79%, getting bids worth $427.37 million, despite it extending the subscription period for its offering

Top headlines: India detects 2 Omicron cases; Paytm gets first 'Buy' rating

Business Standard brings you the top stories this evening

India's biggest car dealer Popular plans $100 million listing: Report

Popular is set to be the first Indian auto dealership in a highly fragmented market to list

Online brokerage Upstox allows IPO applications via WhatsApp

Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.

December expected to be yet another busy month for IPOs

As many as 16 issues cumulatively worth over Rs 22,000 crore are expected to hit the market during the month.

Gemini Edibles, Data Patterns, 8 other firms get Sebi nod to float IPOs

As many as 10 companies, including Gemini Edibles & Fats India, defense supplier Data Patterns (India) Ltd, and digital mapping company MapMyIndia have received markets regulator Sebi's go-ahead to raise funds through IPOs. The other firms that received the approval to float the initial public offerings (IPOs) are -- AGS Transact Technologies, Electronics Mart India, India1 Payments, Healthium Medtech, VLCC Health Care, Metro Brands, and Godavari Biorefineries. These 10 companies, which filed their preliminary IPO papers with Sebi between August and September, obtained observations letter from the regulator during November 22-26, an update with the markets watchdog showed on Monday. In Sebi parlance, the issuance of an observations letter implies its go-ahead for the IPO. Going by the draft papers, edible oil company Gemini Edibles & Fats India is looking to raise Rs 2,500 crore through its IPO, which is entirely an offer for sale (OFS) by the company's promoter and existing

IPO-bound India1 Payments installs 10,000 white-label ATMs

The IPO-bound India1 Payments, promoted by the Banktech Group of Australia and formerly known as BTI Payments, has said that it has crossed a milestone of deploying 10,000-white-lable ATMs

IPOs of Star Health and Tega to hit market next week to raise Rs 7,868 cr

Two companies Star Health and Allied Insurance Company and Tega Industries are set to float their initial public offerings (IPOs) next week to cumulatively raise Rs 7,868 crore

Tega Industries sets IPO price band at Rs 443-453 per share

Tega Industries, manufacturer of consumables for the mining industry, on Friday said it has fixed a price band of Rs 443-453 a share for its Rs 619-crore initial share-sale.

Global investors hold preliminary discussions on LIC's anchor book: Report

The book managers of LIC are reaching out to as many as 100 global investors, including global fund managers, pension fund managers, and private equity funds

BlackRock, Canada Pension bought more Paytm stock after weak market debut

BlackRock Inc. and Canada Pension Plan Investment Board were among so-called anchor investors in the IPO that bought more Paytm shares on Tuesday and Wednesday

Dozen Indian IPOs now under extra investor scrutiny after Paytm debacle

Planned smaller IPOs could have a harder time pricing shares if there is a reduced appetite for new listings

McLaren SPAC looking for fintech with path to profitability: Sajan Pillai

Sajan Pillai tells 'Business Standard' what kind of company makes a good acquisition target for a SPAC.

Jesons Industries files draft IPO papers; aims to raise to raise Rs 900 cr

Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise an estimated Rs 800-900 crore through an initial share sale

History repeats in Paytm IPO flop

We don't know whether Paytm will mark the top of the current bull market but it certainly does embody all the elements that mark excess, writes Debashis Basu

Best of BS Opinion: The big shocks, a Pyrrhic victory for protesters & more

Here is the best of Business Standard's opinion pieces for Monday

Paytm's GMV up 131% to $11.2 billion in Oct as festive-time spends rise

The company, in a disclosure to the exchanges, said that the growth was driven by the festive season and an increase in number of merchants and consumers

The risk factor

New-age tech firms are inherently more risky