Page 109 - Latest Updates on IPO
Ujjivan SFB IPO: Promising franchise comes at a reasonable valuation
Ability to diversify is well demonstrated; its effectiveness may take a while to reflect on numbers
 "Ujjivan SFB IPO: Promising franchise comes at a reasonable valuation")
Ahead of IPO, Ola plans realignment of various businesses to cut costs
According to sources in the know, this exercise would result in reduction of its workforce by around 300 people, which is roughly 5-8 per cent of its overall headcount
 "Ahead of IPO, Ola plans realignment of various businesses to cut costs")
Ola restructuring business ahead of IPO; move may impact over 250 roles
Ola is estimated to have about 4,500 people on its payrolls
 "Ola restructuring business ahead of IPO; move may impact over 250 roles")
Fairfax-backed CSB Bank IPO subscribed 87 times so far on final day
Given the huge oversubscription, the IPO is likely to be priced at the upper end of its price band of Rs 193-195 per share
 "Fairfax-backed CSB Bank IPO subscribed 87 times so far on final day")
Kerala-based CSB Bank IPO fully subscribed on first day of bidding
The category reserved for non-institutional investors was subscribed 10 per cent, while that for retail investors was subscribed 5.60 times
 "Kerala-based CSB Bank IPO fully subscribed on first day of bidding")
CSB Bank's IPO opens today; should you subscribe? Here's what analysts say
The bank's IPO will remain open between November 22 and 26, while allotment would be made on December 2, 2019. The shares would be listed on, both, the NSE and BSE on December 4.
 "CSB Bank's IPO opens today; should you subscribe? Here's what analysts say")
Aramco IPO: Institutional tranche gains $17 bn in orders, says Al Arabiya
The retail portion of the planned deal had received 10 billion riyals, it also said.
 "Aramco IPO: Institutional tranche gains $17 bn in orders, says Al Arabiya")
Saudi Aramco has received nearly enough early orders to pull off its IPO
Building early momentum is important in large equity offerings, as investors are encouraged to jump in when they see other institutions rushing to buy shares.
 "Saudi Aramco has received nearly enough early orders to pull off its IPO")
Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn
The banks will be paid 35 basis points of the money raised, according to the three sources
Shapoorji Pallonji group subsidiary announces plan to list Eureka Forbes
The company's board has authorised the management to evaluate any such scheme in this regard, Forbes & Company said in a regulatory filing.
 "Shapoorji Pallonji group subsidiary announces plan to list Eureka Forbes")
Fairfax-backed CSB Bank fixes share price at Rs 193-195 for IPO on Nov 22
The bids for the offer can be applied for a minimum of 75 shares and its multiples
Here's how Indians can invest in Saudi Aramco, the world's biggest IPO
Saudi Aramco said it would sell 1.5 percent of the company in a blockbuster initial public offering worth between $24 billion and $25.6 billion
The IRCTC offer for sale opens today. Should you subscribe?
The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20
 "The IRCTC offer for sale opens today. Should you subscribe?")
World's biggest public offering: Saudi Aramco seeks $1.71 trn in valuation
The company is seeking to raise between $24 billion and $25.6 billion by selling a 1.5% stake, putting it close to Alibaba Group Holding Ltd.'s $25 billion deal
Burger King India to file for Rs 1,000-crore IPO this week: Details here
The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore
 "Burger King India to file for Rs 1,000-crore IPO this week: Details here")
Recipe for growth: Don't bet everything you have, says Lemon Tree's Keswani
The fast-talking Keswani tells Pavan Lall what he learnt from former boss Russi Mody, how he was let down by a private equity investor and why he launched an upscale hotel in Udaipur
 "Recipe for growth: Don't bet everything you have, says Lemon Tree's Keswani")
Reliance General Insurance scraps IPO plan; withdraws draft offer documents
Markets regulator Sebi had received draft red herring prospectus for the proposed IPO on February 8
 "Reliance General Insurance scraps IPO plan; withdraws draft offer documents")
Aramco to make its long-awaited debut on Riyadh stock market on Dec 11
The Aramco listing is expected to be a major topic at a major investment summit that opened Tuesday in Riyadh
Hong Kong defies upsurge in protests, leads global IPO market since Sept
Sentiment in Hong Kong's primary market turned around as AB InBev revived its IPO plan for Budweiser Brewing Company APAC Ltd. last month
UTI MF picks Citigroup and ICICI Securities to manage public offering
Details of the offering could change as the deliberations are ongoing
 "UTI MF picks Citigroup and ICICI Securities to manage public offering")