The IPO price of $35 apiece, higher than the marketing range $32-$34 per share, gives Seoul-headquartered Coupang, which is backed by Japan's SoftBank Group Corp, a market value of $60 billion
Speciality chemical company Anupam Rasayan on Wednesday raised Rs 225 crore from anchor investors, ahead of its initial share-sale, which will open for public subscription on Friday.
South Korea's Coupang Inc, is seeking a valuation of more than $58 billion in its U.S. stock market debut, after the e-commerce giant raised the price range for its offering on Tuesday.
Meanwhile, shares of agro chemical company Heranba Industries rose about 50 per cent on debut
Leading online insurance policy aggregator Policybazaar.com has got a capital boost from investment management firm Bay Capital, ahead of its initial public offering (IPO) in the next 12-15 months.
The company looks to raise up to Rs 596.41 crore via a combination of fresh issue of shares worth Rs 123.51 crore and an offer for sale of Rs 472.90 crore
The IPO by RailTel Corporation had witnessed a robust response from market participants and was subscribed 42 times
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The firm has revived its IPO plan for the third time
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
Half of the issue is reserved for qualified institutional buyers, 35 per cent for retail investors, and 15 per cent for non-institutional bidders
The initial public offer by Brookfield REIT got subscribed 8 times on the final day of subscription
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Railtel's Rs 820-crore IPO opens on Tuesday. The offering is entirely an offer for sale by the government.
Agrochemical technicals company India Pesticides has filed preliminary papers with capital markets watchdog Sebi
The IPO will be handled by the Department of Investment and Public Asset Management, said Gupta
The initial public offering of Stove Kraft had received good response from investors with the issue garnering 18 times subscription
In the grey market, shares of Stove Kraft were commanding a premium of Rs 30-40 per share
Given the strict trading restriction a 'short squeeze' strategy is difficult to execute in India.
Medall's revenue, approximately Rs 400 crore at present, is estimated to increase to Rs 1,000 crore in three to four years