Page 35 - Ipos

E-commerce firm Bukalapak prices Indonesia's biggest IPO at top end: Report

Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering, the country's largest issue, after pricing it at the top of an indicated price range

Top headlines: Govt considers tax ordinance; Microsoft seeks Telangana deal

Business Standard brings to you the top headlines on Wednesday

Pension funds will soon be allowed to invest in IPOs: PFRDA Chairman

Regulator will come up with comprehensive guidelines on issuer's track record and other aspects within a week

Pension money to soon be allowed into IPOs, NSE-200 companies: PFRDA

Pension fund managers (PFMs) will soon be allowed to invest in initial public offerings, and also in a broader list of stocks, a top official from sector regulator PFRDA said on Tuesday.

Robinhood seeks up to $35-billion valuation in upcoming mega US IPO

About 55 million shares are being offered in the IPO to raise over $2.3 billion

Paytm's merchant base grows to 21.1 million in FY21 from 11.2 mn in FY20

The firm's GMV increased to Rs 4.03 trn as of March 31, 2021, from Rs 2.29 trn as of March 31, 2109

Zomato IPO subscribed 38 times as investors pour money to get a bite

Institutional investors, who shied away in the first two days of the IPO, bid several times over the number of shares reserved for them

Paytm set to break into top 10 most-valued financial stocks in India

According to investment banking sources, the company is eyeing a valuation of between $20 billion and $25 billion

Paytm files DRHP for Rs 16,600-cr IPO; fresh issue size at Rs 8,300 cr

Ant Financial, Alibaba, Elevation Capital V, Saif III Mauritius, Svf Panther (Cayman) and Bh International Holdings are looking to offload some part of their shares through the OFS

Zomato IPO subscribed nearly 5 times with still a day to go; HNI part lags

Bids garnered for 3.45 billion shares, worth Rs 26,000 crore so far; retail portion was subscribed 4.73 times

Zomato is serving its pricey IPO at the time of a cold tech war in India

The final shape of the country's emerging digital economy is still unclear, writes Andy Mukherjee.

Shri Bajrang Power and Ispat files Rs 700-cr IPO papers with Sebi

Integrated steel company Shri Bajrang Power and Ispat Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 700 crore through an initial share-sale

Jana Small Finance Bank gets Sebi's go-ahead to float IPO

Jana Small Finance Bank has received markets regulator Sebi's go-ahead to raise funds through an initial share-sale. The initial public offering (IPO) comprises fresh issuance of equity shares worth Rs 700 crore and an offer for sale of up to 92,53,659 shares by existing shareholders, according to the draft red herring prospectus (DRHP). Those selling shares in the offer for sale include Bajaj Allianz Life Insurance Company, Hero Enterprise Partner Ventures, ICICI Prudential Life Insurance Company, Enam Securities, North Haven Private Equity Asia Platinum Pte Ltd, QRG Enterprises and Tree Line Asia Master Fund (Singapore) Pte Ltd. The small finance bank, which filed preliminary IPO papers with Sebi in April, obtained its observations on July 9, an update with Sebi showed on Monday. Sebi's observations are necessary for any company to launch public issues like IPO, follow-on public offer (FPO) and rights issue. According to merchant banking sources, the IPO is expected to fetch Rs

Paytm shareholders approve Rs 12,000 cr primary fundraise at company EGM

Vijay Shekhar Sharma declassified as promoter; the company will raise Rs 2,000 cr before IPO

GR Infra Projects, Clean Science IPOs subscribed close to 100x each

Attract bids worth over Rs 1.73 trillion

Facebook app head Fidji Simo joins Instacart as CEO effective Aug 2

Fidji Simo, Vice President and Head of the Facebook app, has quit the social network and is joining online grocery leader Instacart as its CEO effective August 2, ahead of its IPO

Former WhatsApp business head Neeraj Arora may rejoin Paytm Board: Sources

Arora, widely credited with the structuring of the Facebook and WhatsApp deal, was on the Paytm Board from 2015-2018

IPO deluge, muted Q1 show and Fed taper to weigh on FPI mood in near term

Large secondary sales likely as FPIs reallocate portfolios to IPOs; sharp rise in dollar could see them pull out of India

GR Infraprojects IPO: Here's all you need to know about the issue

A day ahead of the IPO, the company allocated 3.38 million shares at Rs 837 per share to 22 anchor investors and successfully raised Rs 283.3 crore

ECM fees in H1CY21 jump 25% to hit 10-year high of $126 mn amid IPO boom

IPOs by Indian companies totalled $3.9 billion in the first half of 2021, more than thrice the amount raised from the same period last year