Page 105 - Latest Updates on IPO
Equitas Small Finance Bank fixes IPO price band at Rs 32-33 an equity share
Equitas Small Finance Bank on Thursday fixed the price band for its over Rs 500 crore initial public offering (IPO) at Rs 32-Rs 33 per equity share
 "Equitas Small Finance Bank fixes IPO price band at Rs 32-33 an equity share")
UTI AMC IPO: Check your allotment status here
UTI AMC IPO was subscribed 2.3 times, that is, it received bids for 6.31 crore equity shares as compared to the issue size of 2.73 crore shares
 "UTI AMC IPO: Check your allotment status here")
Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times
The last hugely subscribed PSU IPO was that of IRCTC last year
 "Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times")
Chemcon Speciality Chemicals, CAMS IPO: Check allotment status here
CAMS's IPO, the biggest in FY21 so far and worth Rs 2,242 crore, was subscribed 47 times while Chemcon IPO was subscribed 149 times
 "Chemcon Speciality Chemicals, CAMS IPO: Check allotment status here")
Mazagon IPO subscribed 1.74 times on Day 1; UTI AMC mops up about 24%
Govt is looking to raise Rs 440 crore by divesting 15.2% stake through Mazagaon IPO
Sebi extends relaxation on validity of nod to launch IPO, rights issue
The move comes following representations from the industry, the Securities and Exchange Board of India said in a circular
 "Sebi extends relaxation on validity of nod to launch IPO, rights issue")
UTI AMC IPO opens today; should you subscribe? Here's what brokerages say
UTI AMC is the second-largest asset management company in India in terms of total assets under management (AUM).
 "UTI AMC IPO opens today; should you subscribe? Here's what brokerages say")
Wrong idea in market that we are not professionally run: Top UTI AMC exec
In a Q&A, three of the firm's top brass dwell on its forthcoming IPO, the state of the MF industry and issues surrounding the company's ownership structure
 "Wrong idea in market that we are not professionally run: Top UTI AMC exec")
It's raining IPOs: With 8 deals, busiest month for Dalal Street in nine yrs
While in terms of volume this has been a busy month, the cumulative amount, Rs 7,123 cr, being raised is relatively low
 "It's raining IPOs: With 8 deals, busiest month for Dalal Street in nine yrs")
UTI AMC IPO to open on September 29, price band fixed at Rs 552 - Rs 554
Bids can be made for a minimum of 27 equity shares and in multiples of 27 equity shares thereafter.
 "UTI AMC IPO to open on September 29, price band fixed at Rs 552 - Rs 554")
Applying for an IPO? Here are the things that you should keep in mind
Those who invest in an IPO are among the first to buy shares in the company after it goes public and hence there is a price discovery that is yet to happen
 "Applying for an IPO? Here are the things that you should keep in mind")
Angel Broking IPO opens today: Here's what top brokerages recommend
The public issue will close on September 24
CAMS IPO opens today: Four reasons why analysts suggest subscribing to it
As of June 2020, CAMS services four out of five largest AMCs - HDFC MF, ICICI Prudential MF, SBI MF, and Aditya Birla Sun Life MF.
 "CAMS IPO opens today: Four reasons why analysts suggest subscribing to it")
Angel Broking to launch Rs 600-cr initial public offering next week
Angel Broking will be looking to ride the boom in broking industry seen this financial year
 "Angel Broking to launch Rs 600-cr initial public offering next week")
Flipkart plans overseas listing in 2021, seeks $50 bn valuation: Report
Flipkart is likely to choose between Singapore, or the United States for the initial public offering
 "Flipkart plans overseas listing in 2021, seeks $50 bn valuation: Report")
With Happiest Minds, 77-year-old Ashok Soota hits IPO jackpot a second time
Happiest Minds, which gets almost all of its revenue from digital services, is one of two IPOs this week to woo Indian investors
 "With Happiest Minds, 77-year-old Ashok Soota hits IPO jackpot a second time")
Route Mobile IPO fully subscribed on day 1, most bids from retail investors
The funds raised will be utilized to repay debt, make strategic acquisition and purchase office premises in Mumbai. The price band for the IPO is Rs 345 to Rs 350 per share
Happiest Minds IPO subscribed 151 times, sees bids worth Rs 58,000 cr
Through the IPO, Happiest Minds was looking to raise Rs 110 crore in fresh capital
 "Happiest Minds IPO subscribed 151 times, sees bids worth Rs 58,000 cr")
Bombay HC directs UTI AMC to include staff liabilities in IPO prospectus
The liabilities could amount to Rs 1,250 crore, with bulk arising out of pension dues to 1,200-odd former employees, as per estimates by staff associations
 "Bombay HC directs UTI AMC to include staff liabilities in IPO prospectus")
Initial public offering mania in China creates 3 new billionaires in a week
Initial public offerings have been an important channel for wealth creation in China