Page 109 - Latest Updates on IPO
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.
 "China's first high-speed rail company launches IPO to raise over $5 billion")
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
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
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
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")