Page 2 - Ipo India

DreamFolks Services IPO: Grey market premium jumps 15% on strong demand

In the grey market, shares of Dreamfolks Services were trading at Rs 75 per share, which implies listing at Rs 401 per share against the upper price band of issue price.

LIC's mega Rs 21,000-cr IPO does little to lift demat tally in May

The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added

Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank

It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers

Murthy advises start-ups not to see IPOs as 'surrogate' for a funding round

Says that isn't a good thing as an IPO comes with great responsibilities; points to pressure from VCs as a reason for IPO move by companies

Centre garners Rs 471 crore from stake sale in Paradeep Phosphates

The sale would help Centre to inch towards its Rs 65,000 crore divestment target for financial year 2022-23

IPO subscriptions: Process only money-backed ASBA applications, says Sebi

Latest directive follows instances during LIC's IPO where certain applications had to be cancelled as they didn't have sufficient funds in bank accounts

Aether Industries' IPO subscribed 6.3 times on final day of offer

Aether's Rs 808-crore offering capped a busy month for IPOs, which saw a cumulative mop up of Rs 30,140 crore by eight companies

Prudent Corporate Advisory gets Rs 159 cr from anchor investors before IPO

The company has decided to allocate a total of 25,30,651 equity shares to anchor investors at Rs 630 apiece, aggregating the transaction size to Rs 159.43 crore, as per the circular uploaded on BSE

Should you take a slice of the LIC IPO pie?

The LIC IPO may finally hit the primary market on May 4. Experts believe it will get a good response from both retail and institutional investors. Find out if you should take a slice of this pie.

LIC IPO: Will the reduced offer size help garner investor interest?

While analysts remain mixed on how the government's largest-ever IPO would perform on Dalal Street, they expect the issue to sail through as the markets have staged strong recovery from March lows.

Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record

54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said

SoftBank-backed Oyo to weigh 50% smaller IPO amid market turmoil: Report

Oyo made preliminary filings in September aiming for an IPO in early 2022

LIC is a flourishing money tree: IPO plan must not shake it too hard

LIC IPO: All too often in the past, the government has used the insurer LIC as its piggybank to buy shares in state companies nobody wanted

Did market correction make new-age stocks value buys?

The recently-listed companies, especially from the digital space, have tumbled nearly 50% from their recent highs following the correction. Yet, market watchers don't see them as value buys just yet

Anand Rathi Wealth IPO subscribed 1.60 times on Day 1 of offer

The Rs 660-crore initial share-sale received bids for 13,600,818 shares against 8,475,000 shares on offer

GR Infra IPO price band fixed at Rs 828-837 per share; IPO opens July 7

The IPO is an offer for sale (OFS), and the company will not receive the proceeds of the offer. At the upper end of the price band, the IPO size works out to Rs 963 crore.

Shyam Metalics sets price band at Rs 303-306 for Rs 909 crore-IPO

Integrated metal producing company Shyam Metalics and Energy on Tuesday fixed a price band of Rs 303-306 a share for its Rs 909 crore-initial public offer (IPO)

IPO boom: $140.3 billion raised globally via 670 offers in 2021

At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally.

IRFC's Rs 4,600 cr IPO may launch this month; 1st by any public sector NBFC

Indian Railway Finance Corporation initial public offering of about Rs 4,600 crore may hit the markets later this month, a first by a non-banking financial company in the public sector

Country sees 10 IPOs in Mar quarter; median deal size just USD 1 mn

SBI Cards and Payments' share sale alone accounted for USD 1.4 billion mop-up