Page 31 - Ipos

Ami Organics IPO subscribed 5x, Vijaya Diagnostic 0.5x on Day-2

Ami is a pharma-focused specialty chemicals firm; Vijaya Diagnostic is among the largest diagnostic chains in southern India

MARKET INSIGHTS: Has the IPO dream run peaked?

Sensex tumbles 581 pts from record peak, ends 214 pts down; Nifty holds 17K

The Nifty Realty index jumped 5 per cent today while the Nifty Metal index slipped 1.8 per cent

Paytm seeks shareholders' nod to create firm for payments business

This follows a directive from the Reserve Bank of India

Around 18 unicorns to hit street with $11-12 bn IPOs in 2 years: Bofa

The fast swelling unicorn universe in the startup ecosystem is set to witness a flurry of share sales as around 18 large startups are set to hit primary markets, according to a Wall Street brokerage

Shri Bajrang Power and Ispat gets Sebi's go-ahead to float Rs 700-cr IPO

Leading integrated steel company Shri Bajrang Power and Ispat Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 700 crore through an initial share sale. The initial public offer (IPO) consists of the issue of equity shares aggregating up to Rs 700 crore, according to the draft red herring prospectus (DRHP). Shri Bajrang Power and Ispat Ltd (SBPIL), which filed its draft papers with Sebi in July, obtained its observations on August 26, an update with the regulator showed on Monday. In Sebi parlance, the issuance of observations implies its go-ahead for the IPO. Going by the draft papers, proceeds from the issue would be utilised towards repayment or prepayment, of certain borrowings of the company, funding incremental working capital requirements, and for general corporate purposes. SBPIL is one of the leading integrated steel companies based out of central India and a key player in the country in terms of capacity for iron ore pellets, iron ore beneficiation,

Eye on India's IPO map: MapMyIndia plans to go public, raise Rs 1,200 crore

India's first home-grown mapping company is looking to list in the public market at a Rs 6,000-crore valuation

Will invest in firms focused on make in India: True North's Ashish Bhargava

Bhargava says the firm had very few challenges in understanding businesses and investing during pandemic as young founders are comfortable having online discussion

Top headlines: Bumper-to-bumper insurance, ITR filing dates to be extended

Business Standard brings the top headlines of the day

China seeks to ban data-rich firms from US IPOs: Dow Jones report

China's stock market watchdog has told companies and investors the envisioned rules will prohibit firms from listing abroad, particularly those seeking a foreign IPO via overseas-incorporated entities

China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%

The Hang Seng Tech Index closed 0.2 per cent lower in Hong Kong after rising as much as 2 per cent in the morning

Ami Organics prices IPO at Rs 603-610 per share: Check details here

The IPO will open on September 1 and conclude on September 3

Vijaya Diagnostic IPO to open on Sept 1; price band set at Rs 522-531/share

The IPO is entirely an offer for sale of 35,688,064 equity shares by the promoter and investors

At least 5 IPOs worth Rs 6,595 crore may hit Street in September

Vijaya Diagnostics, Arohan Financial Services, Penna Cement, Shri Bajrang Power and Ispat are the companies likely to come out with their IPOs in September

Govt may permit foreign direct investment in LIC ahead of mega IPO

Allowing foreign investors to invest in LIC would aid its listing, expected to be the largest initial public offering in India

Losing steam: IPO bets of wealthy investors turn sour in August

Overall, HNIs have profited in 16 out of 27 IPOs in 2021

Five out of the eight companies list below issue price in August

Aptus Value Housing Finance, Chemplast Sanmar latest to make tepid debuts

China halts over 40 IPOs as it investigates law firm and broker

The Shenzhen Stock Exchange suspended more than 30 IPO plans on Aug. 18 slated for its ChiNext board, including a public share sale application from BYD Co's semiconductor business

Cement maker Nuvoco Vistas lists at a steep discount to issue price

Post listing, the company commands a market capitalisation of Rs 18,975 crore

16 merchant banks in fray for lead managers to LIC IPO, govt may choose 10

The entities will have to make a presentation to DIPAM on August 24-25