Page 49 - Ipos

SBI Cards IPO: Why analysts suggest subscribing despite rich valuation

Siddharth Purohit of SMC Global Securities believes that given the stable RoE of 30% valuation, in terms of P/E ratio is likely to come down to 31x and 22x in FY21 and FY22, respectively from 43x.

With stellar returns, SBI Cards a good bet despite premium valuation

SBI Cards has an 18 per cent market share in terms of outstanding number of cards, as of November 2019

SBI Cards and Payment Services' $1.25 billion-IPO to open on March 2

The company plans to issue new shares worth Rs 500 crore and will offer up to 130.5 million shares for sale

Street signs: Aavas Financiers on investors' radar, rail PSUs, and more

Experts say Avenue Supermarts is a classic example of how well-managed companies with growth potential can reap benefits of low cost of capital.

LIC IPO: Staff union to hold walkout strike in protests against move

The walk-out will take place at all offices of the insurance behemoth across the country

Restaurant chain Burger King India gets Sebi's approval to float IPO

The regulator's observations are necessary for any company to launch public issues such as initial public offer, follow-on public offer and rights issue

Cos raise $0.34 bn via 12 IPOs in Q4 2019; budget to set positive tone: EY

Overall in 2019, 62 IPOs came in with total mop up of $2.53 billion, a decrease of 62% in volume and 54% fall in terms of proceeds

Surrendra Park Hotels-owned Flurys files papers for Rs 1000-crore IPO

The IPO comprises Rs 400 crore of fresh issuance of shares, along with an offer for sale worth Rs 600 crore.

Route Mobile gets Sebi's approval to raise Rs 600 crore through IPO

The IPO comprises of a fresh issue worth Rs 350 crore and an offer for sale of up to 65 lakh equity shares by the promoters

Risk aversion, small-cap slump hit SME IPOs as collections drop 73%

CY18 was the best for SME IPOs, with 141 offerings garnering Rs 2,287 crore

Prince Pipes IPO makes a tepid market debut, lists at 10% discount

The stock got listed at Rs 160, 11 per cent discount to its issue price

India Inc garners Rs 8.7 trn from markets in 2019, debt preferred route

This was way below than Rs 30,959 crore raked in through main-board IPOs and Rs 2,287 crore via SME segment in 2018

Indian startups raise a record $14.5 bn in 2019, 459 Series A rounds held

Masayoshi Son-led SoftBank made massive investments in the Indian startups, biggest funding round

Fund raising via IPOs plunges 60% to Rs 12,362 cr as economy sputters

The outgoing year saw only 16 initial public offerings (IPOs) as against 24 in 2018, show the data collated by the premier database on the capital market Prime Database

Only 18% fresh capital raised in IPOs used to fund company's needs

Companies looked to give shareholders an exit rather than fund their business needs

Containing China

Access to American savings through the US securities markets provides China a lifeline without having to deal with its debt trap

Hong Kong stock exchange to slash IPO price-to-trading gap in 2020

It is the first time the exchange has given specific details about its plans, having previously said only that it was considering changes to the settlement process

After 50% returns, 2020 may be even better year for Indian primary market

The 14 mainboard IPOs this year have risen by an average of more than 50% since listing, data compiled by Bloomberg show

From Polycab India to IRCTC, IPOs that doubled your money in 2019

Of the 13 companies that got listed in 2019, eight have outrun the IPO index by gaining over 38 per cent against their respective issue price

Companies with recent IPOs have worse corporate governance scores

Poor track record has been a drag on returns for companies