Page 15 - Ipos

Delhivery IPO subscribed 21% on Day 1 on institutional and retail interest

A day earlier, Delhivery raised Rs 2,346 crore from 64 anchor investors

Delhivery IPO opens today. Should you invest? What brokerages say

Major risks to the operating model of the logistics player include its heavy reliance on e-commerce, despite diversifying into other industry verticals, analysts say

Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today

Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year

Sensex sheds 106pts amid volatility; Tata Steel cracks 7%, HUL gains 3%

The BSE Midcap and Smallcap indices ended with heavy losses of over 2 per cent each. Debutant Rainbow Children's Medicare ended a steep discount of 17 per cent to its issue price.

LIC share sale is an 'Atmanirbhar issue': DIPAM secy Tuhin Kanta Pandey

The issue is an example that capital markets can be run without having to completely rely on foreign investors, Tuhin Kanta Pandey said

LIC IPO subscribed 2.95 times, generates bids worth Rs 43,933 crore

Receives record 7.33 million applications from retail investors

Aadhar Housing Finance, TVS Supply Chain, others get Sebi's nod for IPOs

As many as five companies, including Aadhar Housing Finance, TVS Supply Chain Solutions and Landmark Cars, have received Sebi's go ahead to raise funds through initial share sales

Banks forgo bumper fees for managing LIC IPO to get league table rankings

What bankers stand to gain is outsized credit in rankings that compare rivals by the volume of deals they handle.

Top headlines: LIC IPO, govt's NHAI success, Covid mortality, and more

Business Standard brings you the top headlines on Monday

Over Rs 30,000 cr funds blocked in LIC IPO could hit other offerings

Industry players said the refund process for LIC's IPO will complete on May 13 - the same day when Delhivery IPO closes

LIC IPO: Non-institutional investors' portion fully subscribed on Day 4

The portion of LIC's initial public offering earmarked for non-institutional investors, including high net-worth individuals, has been subscribed fully on the fourth day on Saturday

LIC IPO fully subscribed on day 2 of opening; offer closes on May 9

Sees participation from 3.6 mn individual investors; policyholders lead

Half a dozen IPOs in May after LIC; Rs 28,960-crore projected mop-up

With Rs 28,960-crore projected mop-up, month to be second-best for fund-raising

LIC mega IPO opens for retail, institutional investors; to close on May 9

LIC public offer, the country's biggest-ever IPO, on Wednesday opened for subscription for retail and institutional investors. The government aims to generate about Rs 21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth. The LIC initial public offering (IPO), now open for retail and institutional investors, is set to close on May 9. LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will get a discount of Rs 45 per equity share, and policyholders will get a discount of Rs 60 per equity share. The share sale is through an offer-for-sale (OFS) of up to 22.13 crore equity shares. The shares are likely to be listed on May 17. LIC has cornered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions. Anchor Investors (AIs) portion (5,92,96,853 equity shares) was subscribed at Rs 949 per equi

FabIndia, Aether Industries, 5 others get Sebi's nod to float IPOs

According to the Draft Red Herring Prospectus (DRHP), FabIndia's IPO, includes fresh issue of shares worth up to Rs 500 crore

After LIC, Delhivery likely to launch downsized public offering in May

Delhivery's IPO will be second biggest this year after LIC

LIC IPO gets bids from large investors for twice the anchor book

The LIC IPO aims to price shares between 902 rupees and 949 rupees each

Inox Green Energy Services scraps IPO plans; withdraws draft papers

Inox Wind on Friday said its arm Inox Green Energy Services Ltd (IGESL) has decided to withdraw its proposed Rs 740 crore initial share sale offer. The Initial Public Offering (IPO) was slated to issue fresh shares worth Rs 370 crore, besides an Offer for Sale (OFS) of equity stocks aggregating to Rs 370 crore by Inox Wind. The company had filed the Draft Red Herring Prospectus (DRHP) for the proposed IPO on February 7 with the Securities and Exchange Board of India (Sebi). However, the draft offer documents for the IPO have been withdrawn on April 28 and the reasons for the withdrawal have not been disclosed. "We have been informed by the IGESL that its board of directors vide their resolution passed by circulation dated April 28, 2022, the letter of consent from us dated April 28, 2022, and the resolution dated April 28, 2022 passed by our committee on operations, has decided to withdraw the DRHP filed with Sebi, and accordingly, the DRHP has been withdrawn on April 28, 2022 vide

LIC may list on May 17; IPO of right size, says Dipam Secy Tuhin Pandey

The government is selling 221,374,920 shares in LIC, aiming to raise around Rs 21,000 crore

Sebi approves Radiant Cash Management, Veranda Learning for IPOs

Radiant Cash Management Services and Veranda Learning Solutions have received the go ahead from capital markets regulator Sebi to float their IPOs.