Page 106 - Latest Updates on IPO
After Facebook, what other deals are in the offing for Mukesh Ambani' RIL?
Mukesh Ambani, in August 2019, had said he wanted to make RIL a zero-debt company in 18 months by selling stakes in several businesses and unlocking value in some others
 "After Facebook, what other deals are in the offing for Mukesh Ambani' RIL?")
Ashok Leyland shares fall 26%, touch a fresh 52-week low of Rs 47.25
A month later, now, the company announced that it would invest Rs 1,200 crore to buy stake in HFL
 "Ashok Leyland shares fall 26%, touch a fresh 52-week low of Rs 47.25")
Ashok Leyland to acquire additional 19% stake in Hinduja Leyland Finance
The cost of acquisition will be not be exceeding Rs 1,200 crore, on cash consideration
 "Ashok Leyland to acquire additional 19% stake in Hinduja Leyland Finance")
BS insurance roundtable: 'Government doesn't determine LIC's investments'
Tax incentive was actually a motivation for individuals to be careful and more risk aware, as well as to protect their families
 "BS insurance roundtable: 'Government doesn't determine LIC's investments'")
SBI Card IPO: YES Bank clients asked to pay using different bank account
Nearly Rs 1,500 crore worth of bids in the IPO have come from YES Bank accounts
 "SBI Card IPO: YES Bank clients asked to pay using different bank account")
Yes Bank's rescue math: SBI Cards share sale can fund the revival
Lender mopped up Rs 2,800 crore from the share sale
 "Yes Bank's rescue math: SBI Cards share sale can fund the revival")
Antony Waste extends IPO closing to March 16, cites exceptional volatility
Antony Waste IPO comprises of Rs 35 crore of fresh fund raising and Rs 171 crore of secondary share sale
 "Antony Waste extends IPO closing to March 16, cites exceptional volatility")
NSE may get more breathing space for disinvesting 37% stake in CAMS
Last month, Sebi had directed the bourse to divest its entire stake in the registrar and transfer agent (RTA) within a year
 "NSE may get more breathing space for disinvesting 37% stake in CAMS")
SBI Cards IPO subscribed 15.15 times so far on third day of bidding
SBI Cards expects to raise around Rs 10,355 crore through the IPO
 "SBI Cards IPO subscribed 15.15 times so far on third day of bidding")
SBI Cards IPO subscribed 2.51 times so far on third day of bidding
The initial public offer (IPO) received bids for 25,12,78,800 shares against the total issue size of 10,02,79,411 shares, as per NSE data till 1200 hrs
 "SBI Cards IPO subscribed 2.51 times so far on third day of bidding")
Antony Waste Handling Cell IPO opens today. Is it worth your money?
The company will offer fresh shares worth Rs 35 crore and will offer 57 lakh equity shares under Offer For Sale (OFS) category for reduction of the aggregate consolidated outstanding borrowings.
 "Antony Waste Handling Cell IPO opens today. Is it worth your money?")
SBI Cards IPO: This one's for high net-worth individuals, but has its risks
Listing gains may be limited, if the issue is subscribed multiple times
 "SBI Cards IPO: This one's for high net-worth individuals, but has its risks")
Equitas Small Finance Bank gets Sebi nod for IPO worth Rs 550 crore
JM Financial, Edelweiss Financial Services and IIFL Securities are managing the offer
 "Equitas Small Finance Bank gets Sebi nod for IPO worth Rs 550 crore")
SBI Cards IPO subscribed 39% on first day of bidding, raises Rs 2,769 crore
The IPO comprises a fresh issue of Rs 500 crore and an offer for sale of 13,05,26,798 equity shares
Market Ahead, March 2: Top factors that could guide markets this week
In the primary market, the initial public offer of SBI Cards and Payment Services will open today. The company expects to raise around Rs 10,341 crore from the IPO
 "Market Ahead, March 2: Top factors that could guide markets this week")
SBI Cards IPO opens today. Should you subscribe? Check what brokerages say
Analysts at Motilal Oswal said that SBI Cards' strong growth, stable asset quality, and superior return ratios provide comfort and justify the premium valuation
Street signs: SBI Cards IPO, large-sized advisors eye mergers, and more
The grey market premium for SBI Cards and Payment Services has seen some moderation following a 7 per cent crash in the stock markets last week
Antony Waste Handling Cell's Rs 200-crore IPO to open on March 4
The price band for the IPO is Rs 295 to Rs 300 per share. At the IPO price, the firm is valued at Rs 800 crore
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.
 "SBI Cards IPO: Why analysts suggest subscribing despite rich valuation")
SBI Cards IPO opens March 2: All you need to know about the $1.4 bn offer
No multi-bagger like IRCTC, but can deliver 50% listing gains, says Ambareesh Baliga, an independent market expert
 "SBI Cards IPO opens March 2: All you need to know about the $1.4 bn offer")