Page 108 - Latest Updates on IPO
Sterling & Wilson must give exit option to small shareholders: Ingovern
Sterling and Wilson Solar, which has the Shapoorji Pallonji Group as a co-promoter, was listed on the stock exchanges in August 20 last year
 "Sterling & Wilson must give exit option to small shareholders: Ingovern")
ESAF Small Finance Bank files DRHP for Rs 976 crore IPO with Sebi
According to the DRHP, the IPO comprises a fresh issue worth Rs 800 crore and an Offer for Sale (OFS) amounting to Rs 176.2 crore
 "ESAF Small Finance Bank files DRHP for Rs 976 crore IPO with Sebi")
NSE approaches Sebi for IPO, hopes to launch public issue by September
The entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares
 "NSE approaches Sebi for IPO, hopes to launch public issue by September")
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.
 "Surrendra Park Hotels-owned Flurys files papers for Rs 1000-crore IPO")
With mandatory pre-trade allocation, Sebi to plug IPO-arbitrage in MFs
Foreign institutional investors might also need to adhere to proposed pre-trade allocations
 "With mandatory pre-trade allocation, Sebi to plug IPO-arbitrage in MFs")
China's first high-speed rail company launches IPO to raise over $5 billion
The listing adds to signs that China is pushing to further open industries dominated by state-owned companies.
Karuna Therapeutics, little-known firm is yr's best US IPO with 420% surge
Early Karuna holders saw more than 420 per cent returns since the June IPO at $16 a share
 "Karuna Therapeutics, little-known firm is yr's best US IPO with 420% surge")
UTI MF files draft papers for IPO; issue size likely to be up to Rs 4000 cr
The issue size is expected to be Rs 3,000-4,000 crore, valuing the AMC at Rs 10,000-11,000 crore
 "UTI MF files draft papers for IPO; issue size likely to be up to Rs 4000 cr")
Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher
On average, IPO stocks listed 20 per cent higher than their issue price on a listing day
 "Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher")
Prince Pipes and Fittings IPO opens today. Should you subscribe?
Price band of the offer has been fixed at Rs 177-178
 "Prince Pipes and Fittings IPO opens today. Should you subscribe?")
From Byju's to Swiggy: Next wave of tech unicorn listings could be in India
Mohandas Pai expects food delivery platforms Swiggy and Zomato, as well as PhonePe and Myntra to list in local markets in next few years
 "From Byju's to Swiggy: Next wave of tech unicorn listings could be in India")
Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit
The fund-raising comes at a time when the company plans to penetrate cities and scale up investments and become a key player in the industry
 "Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit")
Street cheers for Ujjivan Small Finance Bank, IPO sees 170x subscription
According to investment bankers, the issue was of over 16 million applications, making it one of the most-subscribed IPOs
Following hugely successful IPO, CSB Bank soars 54% on market debut
CSB Bank's total market value has soared to Rs 5,205 crore, compared to Rs 3,382 crore at the IPO price
 "Following hugely successful IPO, CSB Bank soars 54% on market debut")
Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports
A final pricing decision will be taken later on Wednesday by an executive committee overseeing the IPO that includes top government officials, Aramco executives and bankers
 "Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports")
Saudi Aramco considers pricing at top to become world's biggest IPO
The Gulf energy giant has discussed pricing its IPO shares at 32 riyals apiece, after marketing them at 30 to 32 riyals each,
 "Saudi Aramco considers pricing at top to become world's biggest IPO")
Ujjivan Small Finance Bank IPO subscribed 1.7 times on first day
Only 10% of the shares on offer were reserved for retail investors, against the usual 35%
Top events today: Chanda Kochhar hearing, Ujjivan SFB IPO and more
From Bombay High Court hearing on Chanda Kochhar's termination by ICICI to India participating in UN's climate conference, Business Standard brings you the top events of the day
 "Top events today: Chanda Kochhar hearing, Ujjivan SFB IPO and more")
Street signs: Ujjivan SFB commands hefty premium, F&O trend, and more
Activity at the counter had picked up even before the price band of Rs 36-37 for its IPO was announced
Ujjivan SFB raises Rs 304 crore from anchor investors ahead of IPO
Singapore govt, CX Partners are key anchor investors