Page 2 - Ipo Filing

Luxury watch player Ethos gets Rs 142 cr from anchor investors ahead of IPO

Luxury and premium watch retail player Ethos on Tuesday said it has raised around Rs 142 crore from anchor investors ahead of its initial share sale, which opens for subscription on Wednesday. The company has decided to allocate 16,13,725 equity shares to anchor investors at Rs 878 apiece, aggregating the transaction size to Rs 141.68 crore, according to a circular uploaded on BSE website. ICICI Prudential Mutual Fund, Jupiter India Fund, Saint Capital Fund, Nomura Singapore and UPS Group Trust are among the anchor investors. The Initial Public Offering (IPO) consists of a fresh issue of equity shares aggregating to Rs 375 crore and an Offer-For-Sale (OFS) of up to 1,108,037 equity shares. As a part of the OFS, Yashovardhan Saboo, KDDL, Mahen Distribution, Saboo Ventures LLP, Anuradha Saboo, Jai Vardhan Saboo, VBL Innovations, Anil Khanna, Nagarajan Subramanian, C Raja Sekhar, Karan Singh Bhandari, Harsh Vardhan Bhuwalka, Anand Vardhan Bhuwalka, Shalini Bhuwalka and Manju Bhuwalka

Fedbank Financial, Dreamfolks, Archean Chemical get Sebi nod to float IPOs

In Sebi's parlance, its observation implies the company concerned has received the approval to launch the IPO.

IPO-bound Paradeep Phosphates raises Rs 450 crore from anchor investors

Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering.

Sebi mulls launch of confidential IPO filings to address privacy concerns

Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies to go public

Hotel and restaurant body asks Sebi to axe Oyo's IPO citing massive losses

The FHRAI on Wednesday urged SEBI to call off online hospitality major Oyo's initial public offering (IPO), citing the massive losses suffered by the hotel rooms aggregator in recent years

Pristine Logistics & Infraprojects files papers with Sebi for Rs 250-cr IPO

Pristine Logistics & Infraprojects Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial share-sale comprises fresh issuance of equity shares worth Rs 250 crore and an offer for sale of 20,066,269 equity shares by promoters and existing shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Tuesday. The company may consider a pre-IPO placement of equity shares aggregating up to Rs 50 crore. If such placement is undertaken, the size of the fresh issue will be reduced. Proceeds from fresh issuance will be used to repay debt and for general corporate purposes. Pristine provides logistics infrastructure and services, pivoted around rail transportation networks. It also offers synergetic logistics infrastructure and services across the spectrum, including non-container, container, rail transportation and road transportation services. It also helps in areas like integrated logistics

Govt expects to launch LIC IPO in 2-3 weeks, feels mkt conditions improving

Feels market conditions improving, but still keeping a watch; updated DRHP filed with Sebi

Govt to file final papers for LIC IPO with Sebi soon, says official

The govt to soon file the final papers for LIC IPO with Sebi, which will provide details about the price band, discount for policyholders and retail buyers

IPO going to be very positive development in LIC history, says Sitharaman

Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)

LIC IPO: Govt seeks Rs 15-trn valuation for LIC IPO: Report

LIC IPO: If investors agree with those calculations proposed by the government, LIC would join the league of India's biggest companies like RIL and TCS

Dreamfolks Services files draft papers with Sebi to raise funds via IPO

Airport service aggregator platform Dreamfolks Services Ltd has filed preliminary prospectus with capital markets regulator Sebi to mop-up funds through an initial share-sale.

IPO filing hits century this year amid favourable market conditions

Mobilisation by way of initial offerings is already near the 2017 record tally of Rs 67,147 crore

Should you bid for loss-making Devyani International's Rs 1,800 crore IPO?

At the upper end of the price band, Devyani is offered at 9.5x market capitalisation/sales as per FY21 financial statement, compared to peers like Jubilant Foodworks (15x), Westlife Development (8.8x)

Zomato aside, Few loss making firms had post-IPO gains in past 10 years

While 51% of profit-making companies had positive returns one year after IPO, for companies that bore losses in at least one in the previous three years, the proportion was 30%

Shri Bajrang Power and Ispat files Rs 700-cr IPO papers with Sebi

Integrated steel company Shri Bajrang Power and Ispat Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 700 crore through an initial share-sale

Macrotech Developers raises Rs 740 cr from anchor investors ahead of IPO

Macrotech Developers Ltd, erstwhile Lodha Developers, on Tuesday raised Rs 740 crore from anchor investors, ahead of its initial public offer (IPO) that will hit the capital market on Wednesday.

Crypto industry has 'wind in its sails', 8 companies eye public offerings

Bitcoin has come off its highs after it crossed $40,000 this month, but is still up about 16% this year.

Antony Waste Handling Cell IPO subscribed 1.98 times on the first day

Antony Waste Handling Cell has priced its IPO between Rs 313 and Rs 315 per share. The IPO consists of a fresh issue of Rs 85 crore and an offer for sale of up to 6.8 million shares

Antony Waste Handling Cell IPO subscribed 1.98 times on first day

Antony Waste Handling Cell's initial public offering was subscribed 1.98 times on the first day of subscription on Monday.

SCG Packaging plans to raise up to $1.7 billion in Thailand IPO

The company will sell an additional 169 million new shares should a so-called greenshoe option be exercised in full, the filing said