Page 36 - Ipos

Despite massive jump in M&As, IPOs, i-banking fees dip 10% to $438 mn in H1

Notwithstanding a massive spike in equity capital markets deals and a 37.4 per cent jump in M&As in H1 of 2021 at USD 55.1 billion, investment banking fees fell 10 per cent to USD 438 million, making it the lowest first half since 2016, industry data showed. Overall, SBI Caps has taken the top spot in the investment banking fee league tables with 9.5 per cent wallet share and USD 41.6 million in fees, according to Refinitiv, an LSG group entity, on Monday. Mergers and acquisitions (M&As) reached a three-year high of USD 55.1 billion in the first half, up 37.4 per cent y-o-y in the first half, Of this, cross-border M&As amounted to USD 21.73 billion across 210 deals, up from USD 16.02 billion across 195 deals, according to Refinitiv. Investment banking activities generated USD 437.9 million in the first half of 2021, a 10 per cent dip y-o-y, making it the lowest first half period since 2016 when it was USD 263.6 million, according to the Refinitiv data. Equity capital ...

Dodla Dairy, KIMS: Short-term investors should book profit, say analysts

For those who didn't get the IPO allotment, analysts say the business model, industry outlook, management acumen and valuations of these companies should be kept in mind before investing

Four companies to raise Rs 8,800 cr cumulatively in busy week for IPOs

Hyderabad-based Dodla Dairy and Krishna Institute of Medical Sciences announced their Rs 520-crore and Rs 2,144-crore IPOs on Friday

Street signs: New issues command attractive GMP, Religare stocks & more

The price band for Clean Science IPO is Rs 880-990 per share, while that for GR Infra is Rs 828 to 837 per share

LIC IPO: Govt likely to invite bids from merchant bankers this month

The government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to launch the IPO by January, an official said. The Department of Investment and Public Asset Management (DIPAM) had in January appointed actuarial firm Milliman Advisors LLP India to assess the embedded value of LIC ahead of the IPO, which is touted to be the biggest public issue in Indian corporate history. The official further said the Budget amendments to the LIC Act have been notified and the actuarial firm would work out the embedded value of the life insurer in the next couple of weeks. Under the embedded value method, insurance companies' present value of future profit is also included in its present net asset value (NAV). "We will invite bids for appointment of merchant bankers in the next couple of weeks, the official said, adding discussions are going on with institutional investors. "We are hoping to get regulatory approvals by November-e

What Robinhood's IPO filing says about the traders in Reddit user base

The detailed breakdown of Robinhood's user base offers a glimpse at the individual traders gathering in online forums such as Reddit's WallStreetBets

India Pesticides likely to list at 15-19% premium, hints grey market trends

Analysts say the company's strong fundamentals, reasonable valuations and sectoral position are among factors that are likely to help the company debut on a positive note

A 2019 investigation of Bombay Dyeing may delay Go Air IPO by a month

Airline says it is adequately funded till end of the year, listing will 'not be derailed'.

Didi Global's $4 billion US IPO order books to close Monday: Sources

Didi Global Inc will close the investors order book for its US IPO to raise up to $4 billion one day early on Monday, according to two sources with direct knowledge of the matter

Tiger Global-backed Bright Health raises $924 million in US IPO

Bright Health priced 51.3 million shares at $18 per share and had issued a targeted price range of $20 to 23

Street signs: Price hike boost for paint stocks, Shyam Metalics IPO & more

Several traders were caught on the wrong foot due to the fall in shares of Tata Steel on Friday

Dodla Dairy IPO gets subscribed 45x on Day 3, KIMS 3.8x

Dodla Dairy had priced its IPO between Rs 421-428 per share, while KIMS had priced its between Rs 815 to Rs. 825 per equity share. Both IPOs close on Friday.

How to check live subscription status for IPOs on NSE and BSE?

According to Ajit Mishra, VP - Research at Religare Broking, the subscription ratio gives an idea about what investors think about an IPO and one can look at it before subscribing to the issue

China's IPO-bound Didi Chuxing probed for antitrust violations, say sources

the ride-hailing giant is pushing ahead with what could be the largest initial public offering in the United States this year

Key things retail investors must look at before investing in an IPO

Ajit Mishra, VP - Research at Religare Broking and Milan Desai, lead equity analyst at Angel Broking explain in detail the key things to look at before hitting subscribe on an IPO

Krishna Institute of Medical Sciences IPO: Here's all you need to know

KIMS is one of the largest corporate healthcare groups in Andhra Pradesh and Telangana in terms of the number of patients treated and treatments offered

US IPOs hit annual record in less than six months, no signs of slowing down

U.S. initial public offerings have already totalled $171 billion, eclipsing the 2020 record of $168 billion, according to data from Dealogic.

Retail investors can look forward to big IPOs raising Rs 1.12 trillion

Retail investors will get a chance to participate in good quality IPOs as several important names including LIC are on the upcoming IPOs list to raise as much as Rs 1.12 lakh crore.

Four IPOs to hit markets next week; companies eye Rs 9,123 crore

The IPO market is getting back on track after a lull of two months, with four companies launching their initial share-sales next week to raise Rs 9,123 crore collectively. The last initial public offering (IPO) was that of Macrotech Developers (erstwhile Lodha Developers), which opened during April 7-9. Shyam Metalics and Energy Ltd and Sona BLW Precision Forgings (Sona Comstar) will launch their IPOs on Monday, while Krishna Institute of Medical Sciences and Dodla Dairy will be open for public subscription on Wednesday, information with exchanges showed. In addition, Clean Science & Technology expects to hit the primary markets in the first week of July 2021 with IPO size of Rs 1,500 crore, while India Pesticides is likey to come out with its public issue this month or July, Yash Gupta, Equity Research Associate at Angel Broking, said. "The equity markets are flushed with liquidity and retail participation is at an all-time high. It is difficult to imagine a better time frame for

China's Didi reveals US IPO filing, all set for blockbuster New York float

Didi could raise around $10 billion and seek a valuation of close to $100 billion