Page 41 - Ipos

Threat to BSNL, tepid listing gains: Analysts' take on RailTel IPO

Listen to this podcast to know what Ambareesh Baliga, an independent market analyst; and Likhita Chepa, senior research analyst at CapitalVia Global Research have to say about the issue

RailTel's Rs 820-cr IPO subscribed 2.6 times on Day-1; Nureca by 15x

The retail portion of RailTel's issue has already garnered 5x subscription. On Monday, the state-owned firm allotted shares worth Rs 244 crore to anchor investors

State-owned RailTel IPO priced between Rs 93-94, offers 87 million shares

At the upper end of the price band, the IPO size works out to Rs 819 crore

Top headlines: India says Covid deaths falling; bank unions call for strike

Business Standard brings you top news of the evening

US electric vehicle manufacturer Xos in deal talks to go public: Report

NextGen's share price rose 12% to $11.69 on the news before trading was halted due to volatility. When trading resumed, it rose to about $14 at 3 p.m. EDT (2000 GMT), a gain of 34%

Brookfield REIT IPO subscribed 8 times, gets bids for 573 mn units

IPO was made up entirely of Rs 3,800 cr of fresh fund raise. Experts say good response shows that domestic investors have warmed up to REITs as a new investing vehicle

Sebi fines 6 entities Rs 1.2 cr for IPO fund diversion, fraudulent trading

The regulator conducted a probe into the IPO of BPML for the period July 7 to July 15, 2011

14 mn sq ft office parks make Brookfield REIT a long-term bet, say analysts

Pandemic-led growth challenges, higher debt and valuations could cap near-term gains

Investors put Rs 1,709 crore in Brookfield REIT's initial public issue

The Rs 3,800 crore-IPO of the REIT will open on Wednesday

Investors put Rs 1,709 crore in Brookfield REIT's initial public issue

The Rs 3,800 crore-IPO of the REIT will open on Wednesday

Indian Railway Finance Corp's IPO will not dent govt support: S&P Global

S & P Global Ratings has said that Indian Railway Finance Corporation's (IRFC's) initial public offering does not alter its view of government support to the company.The government, which has been the sole owner of IRFC since its inception in 1986, holds about 86 per cent shares after the listing. In the IPO exercise, the government sold 5 per cent stake and additional 10 per cent shares were issued to the market."The divestment does not affect our assessment of IRFC's critical link and integral role to the government. The IPO plans were announced as far back as 2017 and we had factored the potential share sale in our ratings on the company since then."S & P said it continues to see an almost certain likelihood of extraordinary government support for IRFC in the event of financial distress. There is no change to the company's business model and it remains the sole financing arm of the Ministry of Railways.IRFC will remain integrally linked to the government. The government ...

Stove Kraft IPO subscribed 18 times despite secondary market sell-off

Institutional portion garners 8x, HNI subscribed 33 times, while retail quota saw 26x subscription

Top headlines: Cabinet okays PSU privatisation policy, Amazon under ED lens

From Cabinet's nod to PSU privatisation policy to ED registering a case against Amazon, Business Standard brings you the top headlines

Kitchen appliances firm Stove Kraft's IPO subscribed 3x, closes tomorrow

The company is looking to raise Rs 95 crore through the IPO. The issue also comprises of secondary share sale worth Rs 318 crore

Stove Kraft's Rs 413-crore IPO fully subscribed on Day-1, closes Thursday

Price band set at Rs 384-385; IPO is comprised of Rs 95 cr of fresh fund raise, Rs 318 cr secondary share sale

Home First Finance IPO: Strong growth prospects justify higher valuations

Most analysts believe the company has a long growth runway given its small size and the niche market it caters to

India sees 19 IPOs worth $1.84 billion in 2020 December quarter: Report

Reflecting strong momentum, India witnessed 19 initial public offers worth $1.84 billion in the fourth quarter of 2020 and market sentiment remains positive in what could be a stellar 2021

Home First IPO subscribed 2.2 times on substantial retail interest

The retail portion of the issue was subscribed 3.4 times, while institutional investor portion was subscribed 1.4 times

Indigo Paints IPO subscribed 2x on Day-1, gets bids for 10.5 mn shares

IPO consists of Rs 300 crore in fresh fund raise and Rs 870 cr of secondary share sale. issue closes Friday

Indigo Paints or Home First Finance, which IPO is a safe investment bet?

In this podcast, Mr Vinod Nair, Head of Research at Geojit Financial Services and Mr. Ajit Mishra, VP Research, Religare Broking discusses and compares the IPOs of Indigo Paints and Home First Finance