Page 107 - Latest Updates on IPO
SBI Cards IPO: Price band fixed in the range of Rs 750 to Rs 755 per share
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fourth-largest domestically
 "SBI Cards IPO: Price band fixed in the range of Rs 750 to Rs 755 per share")
Road ahead for equity markets will be challenging, says Shyamsunder Bhat
For a sustained up move from the present levels, we would need to see a pick-up in industrial and consumer demand, and growth in corporate earnings
 "Road ahead for equity markets will be challenging, says Shyamsunder Bhat")
Planning to apply for SBI Cards IPO? Check out the eligibility criteria
Normally, IPOs are open for subscription for three days but SBI Cards IPO will run for four days. The first three days, i.e. from March 2 to March 4, the issue will be open for all bidders
 "Planning to apply for SBI Cards IPO? Check out the eligibility criteria")
Speciality chemical maker Rossari Biotech receives Sebi's approval for IPO
Market sources said the IPO size will be worth Rs 700 crore
 "Speciality chemical maker Rossari Biotech receives Sebi's approval for IPO")
We don't have any plans for listing: Bajaj Allianz Life Insurance MD & CEO
We are disclosing as much and sometimes more than what the listed companies are disclosing
 "We don't have any plans for listing: Bajaj Allianz Life Insurance MD & CEO")
Jana Small Finance Bank ready to appoint bankers for Rs 1,000-crore IPO
In December, the Rs 750-crore IPO of Ujjivan SFB was well received and got subscribed 166 times the number of shares put on offer. The shares of the bank rose 44 per cent over the issue price.
 "Jana Small Finance Bank ready to appoint bankers for Rs 1,000-crore IPO")
Sebi bans Midvalley from securities market for 7 years over fund diversion
Sebi conducted an investigation between January-February, 2011 to ascertain any irregularities with respect to the initial public offer (IPO) made by the firm
 "Sebi bans Midvalley from securities market for 7 years over fund diversion")
SBI Cards IPO opens on March 2: Key things to know about Rs 9,000-cr offer
SBI Cards is the second-largest credit card issuer in India, with an 18.1 per cent market share of the market as of November 2019
 "SBI Cards IPO opens on March 2: Key things to know about Rs 9,000-cr offer")
Yet to receive proposal from LIC for IPO, says Irdai Chairman S C Khuntia
Khuntia also asked insurance companies to "weed out" loss-making products and concentrate only on the better paying ones
 "Yet to receive proposal from LIC for IPO, says Irdai Chairman S C Khuntia")
No proposal to merge LIC Housing Finance with any other entity: LIC
The statement came after some reports suggested that insurance behemoth LIC might expedite the process of merging LICHFL with its banking arm IDBI Bank
 "No proposal to merge LIC Housing Finance with any other entity: LIC")
Will involve retail investors in LIC IPO, says FM Nirmala Sitharaman
Move will benefit employees, policy holders and agents, says LIC chairman
 "Will involve retail investors in LIC IPO, says FM Nirmala Sitharaman")
Startups need to opt for IPO to tackle fund crunch: Kris Gopalakrishnan
Gopalakrishnan advised startups to take minimum funds from angel, friends and families. They have to create minimum viable product, and establish unit economics and profitable model, he underlined.
 "Startups need to opt for IPO to tackle fund crunch: Kris Gopalakrishnan")
This decade-old Sebi guideline is holding up much-awaited SBI Cards IPO
Latest rule change may, however, clear decks for Rs 9,500-cr offering
 "This decade-old Sebi guideline is holding up much-awaited SBI Cards IPO")
D-Street's bullet train: IRCTC climbs league table to be most-valued PSU
In the past 10 trading sessions, shares of the state-owned company have shot up more than 50 per cent
 "D-Street's bullet train: IRCTC climbs league table to be most-valued PSU")
EaseMyTrip, realty firm Puranik Builders and 2 others get nod for IPO
The companies had filed draft offer documents with the Securities and Exchange Board of India (Sebi) during September-December 2019
 "EaseMyTrip, realty firm Puranik Builders and 2 others get nod for IPO")
LIC may become biggest firm by m-cap; valuation can hit Rs 10 trn: Experts
Finance Minister Nirmala Sitharaman on Saturday said LIC will be listed as part of the government disinvestment initiative
 "LIC may become biggest firm by m-cap; valuation can hit Rs 10 trn: Experts")
LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts
Currently, the government owns the entire 100 per cent stake in LIC.
 "LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts")
Indian Railway Finance Corporation files IPO draft papers with Sebi
The shares of the company are proposed to be listed on the BSE and the NSE.
 "Indian Railway Finance Corporation files IPO draft papers with Sebi")
UTI AMC IPO faces fresh trouble: Officers move Sebi over salary deadlock
All India UTI AMC Officers' Association approaches Sebi, says draft prospectus does not highlight contingent liabilities
 "UTI AMC IPO faces fresh trouble: Officers move Sebi over salary deadlock")
Mattress seller Casper issues 'influencer' warning in draft IPO filing
Casper isn't the first to mention influencer marketing in its IPO prospectus, but may be the first to specifically highlight influencers as a risk factor for investors
 "Mattress seller Casper issues 'influencer' warning in draft IPO filing")