Page 40 - Ipos

Explained: What is driving so many retail investors to the IPO market?

Flurry of activity in post-Covid era, average retail applications for 20 issues since Sept have nearly tripled

Vodafone Group seeks to raise up to 2.8 billion euros from Towers IPO

Vodafone Group said it would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe's largest initial public offering of 2021

Top headlines: Ruia out of Air India sale race, India to appeal Cairn award

IndiGo, the country's largest airline, is in talks with Airbus to finalise a deal to acquire up to five A321 converted freighters amid a burgeoning air cargo market

Anupam Rasayan's Rs 760-cr IPO opens Friday, price band at Rs 553-555

Only fresh issuance of shares; firm to utilise proceeds for repaying debt and for general purposes

Anupam Rasayan Rs 760-cr IPO to open on Mar 12; issue price at Rs 553-555

Specialty chemical company Anupam Rasayan on Monday fixed a price band of Rs 553-555 a share for its Rs 760-crore initial share-sale, which will open for public subscription on March 12

MTAR Technologies IPO subscribed over 200 times on final day of bidding

The issue received total bids for 1.46 billion shares as against 7.26 million shares on the offer, according to subscription data available on the exchanges

SPACs look to India for next wave of acquisition targets, says Nomura

Nomura also expects more initial public offerings in India this year, with sentiment buoyed by the post-debut performance of recently listed companies

BS READS: Restaurant chain to realtor - 6 IPOs to track this listing season

Startups, PSUs and big-ticket brands all plan to list, continuing a trend that raised about Rs 7,375 crore in January. Akash Podishetty evaluates six companies that are planning to bring their IPOs

Alphabet-backed Oscar Health valued at $7.09 billion in lackluster debut

The company's shares opened at $36 on the New York Stock Exchange, below its initial public offering (IPO) price of $39 per share

Flipkart makes key changes in leadership team ahead of the IPO plan

As the e-commerce firm focuses on building and growing its business further, it has made a few leadership role changes in areas such as supply chain, category design operations and fintech and payment

Online brokerage Robinhood plans confidential IPO filing in March: Report

Online brokerage Robinhood, at the centre of this year's retail trading frenzy, is planning to file confidentially for an initial public offering as soon as March, a report said

MTAR Technologies IPO priced between Rs 574-575, open March 3-5

Comprises a fresh issue of Rs 123 crore and an offer for sale of Rs 472 crore

Heranba Industries IPO subscribed 83 times on strong HNI support

Price band was set at Rs 626-627 per share; issue comprises Rs 60 cr of fresh fundraise, Rs 565 cr offer for sale

Heranba Industries Rs 625 crore IPO subscribed 84% on Day-1

Price band set at Rs 626-627 per share; offer is priced at nearly 23 times its trailing 12-month earnings

RailTel IPO subscribed 42 times; firm heads for Rs 3,000 cr valuation

The institutional investor portion of the IPO was subscribed 65 times and the high-net-worth individual (HNI) portion was subscribed 73 times

Sebi's new free float norms and what it means for LIC IPO: Explained

Why are free float shares important? What is the free float requirement for newly listed companies? How and who will the Sebi move benefit? In this podcast, we explained Sebi's new free float norms

Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record

A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard

Sebi eases listing rules for large IPOs, paving way for LIC's mega float

Lowers minimum dilution, extends deadline to increase float for big companies

RailTel Corporation IPO subscribed 6.64 times on second day

The initial public offer of telecom infrastructure provider RailTel Corporation of India was subscribed 6.64 times on the second day of subscription on Wednesday. The Rs 819.24-crore offer received bids for 40,64,63,940 shares against 6,11,95,923 shares on offer, as per NSE data. The qualified institutional buyers (QIBs) portion was subscribed 2.96 times, non institutional investors 2.63 times and retail individual investors(RIIs) 10.55 times. The public issue is of 8,71,53,369 equity shares and in a price range of Rs 93-94 per share. The company has raised Rs 244 crore from 14 anchor investors. The offer is being managed by ICICI Securities Ltd, IDBI Capital Markets & Securities Ltd, and SBI Capital Markets Ltd.

PolyPeptide Group names new CEO before likely Swiss IPO during 2021

Raymond De Vre, a Belgian who previously worked at Indian contract manufacturer Dr. Reddy's Laboratories as global head of biologics, will join PolyPeptide Group as CEO-elect in April