Page 12 - Ipos

Rs 562 crore Dreamfolks Services IPO opens on Aug 24: All you need to know

The price band has been set in the range of Rs 308 to 326 per share and will close on Friday, August 26. The public issue is entirely an offer for sale (OFS) of up to 17.24 million equity shares.

Weak demand: Syrma SGS Technology IPO subscribed 2.27 times

The qualified institutional buyer portion was subscribed 71 per cent. Retail and the two categories meant for high networth individuals garnered over three times subscription

Rare Enterprises-backed Concord Biotech files IPO papers with Sebi

Concord is among the leading manufacturers of fermentation-based biopharmaceutical APIs

India at 75: 9 most important events for Indian market since 2021

From domestic MFs' AUM crossing Rs 30 trillion to the landmark LIC and Zomato IPOs and the appointment of India's first woman securities regulator, here are the 9 biggest events for markets since 2021

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993

Ahead of IPO, Syrma SGS Technology garners Rs 252 cr from anchor investors

The company has decided to allocate a total of 114,56,261 equity shares to anchor investors at Rs 220 apiece, aggregating the transaction size to Rs 252.04 crore, circular uploaded on BSE website read

Markets up, but demat openings moderate in July in continuing trend

1.8 mn new accounts added last month, compared to 2.7 million during first half of this year

Syrma SGS Technology's Rs 840-crore share sale to open on Friday

Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares.

Yatharth Hospital gets Sebi's go ahead to launch Rs 610-crore IPO

Yatharth Hospital & Trauma Care Services Ltd has received capital markets regulator Sebi's go ahead to float an initial public offering (IPO). The company operates three super specialty hospitals in Delhi-NCR. It recently expanded to Madhya Pradesh. Yatharth Hospital's 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, according to the draft red herring prospectus (DRHP). The company, which filed its preliminary IPO papers with the capital markets regulator in April, obtained its "observation" letter on August 2, an update with the Securities and Exchange Board of India (Sebi) showed. In Sebi's parlance, issuing an observation letter implies its go-ahead to float an IPO. Going by the draft papers, the firm intends to utilise the net proceeds for payment of debt, funding capital expenditure expenses, funding inorganic growth

26-yr-old winemaker Sula to test Indian IPO market after tech unicorns flop

Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India's small but rapidly growing wine market

Top headlines: Dr Reddy's Q1 PAT up 108%; Adani Capital IPO likely in 2024

Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies.

Number of PE-backed IPOs drop by 50% YoY in first half of calendar 2022

The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn

PharmEasy plans $200 million fund raising at lower valuation: Report

Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year's $5.1 billion

Top Headlines: Windfall tax review, rising medical devices import and more

India's medical devices imports surged 41 per cent to touch Rs 63,200 crore in 2021-22, led by a 48 per cent year-on-year (YoY) jump in imports from China. Read more in our top headlines

Govt revives IPO plans for RRBs, asks sponsor banks to identify candidates

Sponsor banks - that hold about 35 per cent in RRBs - have been asked to handhold regional lenders at all stages from identification of merchant bankers to the conclusion of IPO

'Rational man' regulation: A farce

People who circle junkyards for matching hubcaps will buy mutual funds without reading the prospectus

Who are anchor investors?

Before a company hits the primary market, it will have to find anchor investors. So who are anchor investors and why are they so important in IPO's image building? Let us find out

Unacademy 'not efficient' in finances, will shut some businesses: CEO

Unacademy, valued at $3.44 billion, will restrict business class travel end meals and snacks as complimentary perk at the startup

Fee pool shrinks by nearly 33% as equity offerings drop in first half

Overall equity issuances during the first half (H1) dropped 40 per cent to $9.1 billion, lowest first-half tally since 2016, according to Refinitiv, a markets data provider

TMS Ep210: Govt vs Big Tech, SEZs in India, crude oil prices, IPO allotment

Why's there a growing unease between the govt and Big Tech in India? Why have SEZs not taken off in India? Where are crude oil prices headed? How to apply for an IPO and check allotment? Answers here.