Page 14 - Initial Public Offerings

RailTel IPO to open on February 16; price band fixed at Rs 93-94

At the upper end of the price band, the government would raise a little over Rs 819 crore

Indigo Paints or Home First Finance, which IPO is a safe investment bet?

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

IRFC IPO: Minimal risks and reasonable pricing make the offer attractive

Priced at Rs 25-26 a share, IRFC's nearly risk-free model positions the initial public offering as a safe bet for investors

Antony Waste Handling Cell lists at 36% premium over issue price

The issue received bids for 10,02,71,821 shares against its offer size of 66,66,342 shares

India loses Cairn case in arbitration; asked to pay Rs 8,842 cr in damages

This is the second setback for Indian government related to retrospective taxation after it lost the arbitration case against Vodafone three months ago

Mrs Bectors Food IPO opens today. Here's what top brokerages say

Net proceeds of the issue would be utilised for financing the project cost towards expansion of its Rajpura manufacturing facility as well as for general corporate purpose

Burger King India IPO opens for subscription today. Should you invest?

The price band for Burger King India IPO has been set at Rs 59-60 per share

Burger King India IPO to open next week: Should you subscribe?

The initial public offering (IPO) will open on December 2, for three days. The price band for the IPO has been set at Rs 59-60 per share

Burger King IPO to open on December 2; here is all you need to know

Burger King IPO will remain open till December 4 with a price band of Rs 59-60 per share

Gland Pharma IPO: Expensive at a price tag of 30x the FY20 earnings

While prospects remain strong led by niche products and a differentiated business model, relatively rich valuations leave limited scope for upside in near-term

RailTel Corporation gets Sebi's go-ahead to float Rs 700-crore IPO

State-owned RailTel Corporation of India Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 700 crore through an initial share-sale. The initial public offer (IPO) is entirely an offer-for-sale through which the government will offload 8.66 crore equity shares, according to draft papers filed with Sebi. The company, which filed its IPO papers in October, obtained the regulator's observation on November 6, an update with Securities and Exchange Board of India (Sebi) showed on Monday. The regulator's observation is necessary for any company to launch public issues like initial public offering, follow-on public offer and rights issue. According to merchant banking sources, the IPO is estimated to fetch Rs 700 crore. The miniratna PSU is one of the largest neutral telecom infrastructure providers in the country, owning an optical fibre network on exclusive Right of Way (RoW) along the railway track. The company provides broadband telecom and multimedia networks ac

Jack Ma's Ant Group seeks to raise $35 billion in biggest-ever IPO

The company's much-anticipated IPO is on track to surpass Saudi Aramco's $29 billion sale last year

Divestment strategy: Govt to avoid ETF, OFS to protect stock value

ETFs have been a favoured strategy for the government, with around 80 per cent of last fiscal year's sale proceeds coming from such transactions.

Equitas SFB prunes IPO size by half to Rs 518 cr, issue opens Oct 20

Price band fixed at Rs 32-33 a share; promoter stake to drop to 82-83% from 95.49% currently

Mazagon Dock Shipbuilders IPO: Here's how to check share allotment status

The retail portion was subscribed nearly 4 times, while the institutional investor category was over-bid by 90 times

Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times

The last hugely subscribed PSU IPO was that of IRCTC last year

Mazagon Dock Shipbuilders IPO opens today, gets thumbs up from brokerages

The company is primarily engaged in constructing and repairing warships and submarines for MoD and other types of vessels for commercial clients

Equitas SFB revises offer size for proposed initial public offering

Equitas Small Finance Bank had received the Sebi's approval for the IPO on March 3

Angel Broking IPO subscribed 2x so far on Day 3; retail portion at 3.4x

The offer received bumper response from retail investors who have subscribed the issue 3.4 times so far on Day 3 of the issue. However, the IPO failed to get any subscription from QIBs

Angel Broking's IPO subscribed 1.46 times on second day of bidding

The category meant for non institutional investors was subscribed 31 per cent and that of retail individual investors 2.79 times.