Page 14 - Ipos

Sensex gains for 2nd day, rises 632 pts; Nifty holds 16,350; IT stocks lead

CLOSING BELL: Apollo Hospitals, Tech M, HDFC Life, Hero MotoCorp, IndusInd Bank, Bajaj Finance, Wipro, Infosys, L&T, HUL, and Bajaj Finserv zoomed over 2.5 per cent on the Nifty

Adani's food venture Adani Wilmar Ltd is best-performing IPO in Asia

The food company has almost tripled since its debut while most newcomers are trading under water

Chinese tech firms forced into 'blood listings' as capital dries up

Public offerings at slashed valuations could translate into losses for venture capitalists in late funding rounds

Fairfax-backed Digit Insurance targets $5 billion in IPO valuation: Report

Digit has appointed Morgan Stanley and Indian investment bank ICICI Securities as bookrunners for the deal

Venus Pipes stock gains 9% on listing; eMudhra IPO subscribed 2.7x

Through the IPO, Venus Pipes raised Rs 165.4 crore in fresh capital

OYO plans IPO after September, may settle for lower valuation: Report

OYO's move to launch the IPO after the September quarter is mainly driven by the expectation of improvement in its financial performance and the current volatile nature of the market

IT, Metals drag Sensex 236 pts down; Delhivery rises 10%, Zomato 15%

CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent

Sebi slaps Rs 50 lakh fine on individual for fraud in IPOs of 2 companies

The companies -- IDFC Ltd and Sasken Communications Ltd -- had come out with their respective Initial Public Offerings (IPOs) in 2005.

Macleods Pharma, TBO Tek, Suraj Estate Developers get Sebi's nod for IPOs

These firms, which filed their preliminary IPO papers with Sebi between December 2021 and March 2022, obtained Sebi's observations during May 17-20, an update with Sebi showed on Monday

Prudent Corporate is third straight IPO to list at discount, shares dip 10%

Weak listings come on the back of a selloff in the secondary market. Nifty has crashed as much as 8% this month before the latest rebound

Sajjan Jindal's JSW Infrastructure plans public listing by March 2024

The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing

Investors poorer by Rs 7 trn as Sensex crashes 1,416pts; Nifty holds 15,800

CLOSING BELL: The Nifty IT index plunged 6 per cent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".

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.

LIC issue price fixed at Rs 949 a share; policyholders get discount

The LIC IPO -- India's largest to date -- closed with nearly three times subscription.

Delhivery IPO fully subscribed despite challenging market conditions

The institutional investor portion of the Delivery IPO issue was subscribed for nearly two times

LIC IPO issue price set at Rs 949; may get listed on Tuesday: Report

The LIC IPO sold in the range of Rs 902-949 from May 4 to May 9

LIC IPO: Govt raises Rs 20,560 crore as firm sets issue price at Rs 949

Life Insurance Corporation of India shares have been priced at 949 rupees each, the state-run firm said in a prospectus filed Friday

IPO-bound Navi appoints Meesho founder Vidit Aatrey as independent director

Sachin Bansal-led Navi Technologies on Thursday said it has appointed Vidit Aatrey, the founder of social commerce platform Meesho, as an independent director on its board. With this appointment, the number of independent directors on its board reached four. Overall, Navi's board now comprises seven members, according to the company statement. The appointed of Aatrey, effective from April 9, is subject to completion of formalities, it added. Navi has recently appointed three independent directors -- Abhijit Bose, head of India for WhatsApp; Shripad Nadkarni, a member of Maverix Platforms and FMCG veteran and Usha Narayanan who had worked with Lovelock & Lewes Chartered Accountants LLP, a member firm of PricewaterhouseCoopers -- on its board. "I am pleased to welcome Bobby (Abhijit), Shripad, Usha, and most recently, Vidit to our board. They each bring a unique perspective and I believe they will add significant strategic value to Navi as we continue to grow. These appointments ...

Delhivery may hit a valuation hurdle amid near term concerns: Brokerages

However, Delhivery's growth opportunities, its business model and revenue trajectory are positive triggers, say brokerages

TMS Ep170: Ambuja and ACC, Sonam Wangchuk, IPO size, USFDA's Form 483

Why are top Indian companies vying for Ambuja & ACC? Can Sonam Wangchuk's innovation clear Delhi's air? Market volatility to make companies trim their IPO size? What is USFDA's Form 483? Answers here