Four initial public offerings (IPO) -- Windlas Biotech, Exxaro Tiles, Krsnaa Diagnostics and Devyani International -- have opened for subscription from Wednesday.
Market regulator observes several shortcomings in the existing procedure
Offer priced at Rs 1,585-1,618 per share. With no fresh issue, IPO is a complete offer for sale
The online beauty aggregator is looking to raise Rs 525 crore via fresh equity. According to media reports the company intends to raise a total of Rs 4,000 crore
Average retail applications for July IPOs up 2x over 2020, 8x over 2019
Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore
Policybazaar was founded in 2008 to tap the large population of under-insured in a country of 1.3 billion people
Saurabh Mukherjea says that his three-step approach to investing does not focus on short-term factors like what central banks are doing or what will do well in the festive season
As many as 12 firms have raised a staggering Rs 27,000 crore through IPO route in the first four months of the ongoing fiscal, and the pipeline is pretty strong for the remaining part of the year too
Fino Payments Bank has filed preliminary papers with markets regulator Sebi to raise an estimated Rs 1,300 crore through an initial share-sale.
The group reported a record $37 billion net profit in the financial year ended March due in large part to outsized gains from a stake in South Korean e-tailer Coupang Inc.
Investment advisors are not comfortable with the idea of a retirement product like NPS investing in IPOs
Digital payments major to raise Rs 8,300 cr fresh capital; Vijay Shekhar Sharma, SoftBank, SAIF to divest
As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead to float initial share-sales. The other firms that received the regulator's nod are-- Krsnaa Diagnostics, Vijaya Diagnostic Centre, and Ami Organics. The six firms, which had filed their respective preliminary IPO papers with the markets regulator between May and June, obtained their observations during July 19-23, an update with Sebi showed on Monday. Aptus Value's initial public offer (IPO) comprises a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale of up to 64,590,695 equity shares by the promoter and existing shareholders, draft red herring prospectus (DRHP) showed. Proceeds from the fresh issue will be utilised towards augmenting the company's capital base and to meet future growth requirements. According to merchant banking sources, the IPO is expected to fetch Rs 2,600-3,000 crore. Onli
This is to avoid conflict of interest of competing firms
In a blog post titled "Letter from Deepi," he said Zomato will not alter the firm's focus for short term profits at the cost of the long term success of the company
Net proceeds from fresh issue amounting to Rs 2,000 cr will be used to boost company's solvency levels and capital
In the grey market, Zomato shares are available at a premium of Rs 23, up Rs 2 from its GMP of Rs 21 yesterday
The company has reduced its offer size by about Rs 150 crore. Bankers to the issue said that the promoters have reduced their selling stake marginally
The Softbank-backed insurance aggregator is also likely to consider offer for sale from some of its investors