Page 111 - Latest Updates on IPO
Ola inching closer to profitability, may float IPO in two years: Report
While Ola's high cash burn, owing to its fierce fight with Uber, is a dampener, some of its recent bets on newer areas make it attractive
 "Ola inching closer to profitability, may float IPO in two years: Report")
Budweiser to Metro Pacific: Asian firms using IPO proceeds to pare debt
Budweiser Brewing is using the $5 billion in proceeds from its Hong Kong IPO to repay debt, according to a listing prospectus
 "Budweiser to Metro Pacific: Asian firms using IPO proceeds to pare debt")
Despite bulls' preference for IRCTC IPO, important to tread with caution
In the first two days of the three-day offer, the IPO was oversubscribed by 325 per cent
 "Despite bulls' preference for IRCTC IPO, important to tread with caution")
PepperFry may go for two more funding rounds before IPO, says CEO
This includes a $20-30 million one in equity financing in the next six months, said its cofounder and chief executive officer (CEO) Ambreesh Murty
 "PepperFry may go for two more funding rounds before IPO, says CEO")
Post WeWork, IPO market slams brakes on unprofitable companies
The surprise postponement of the WeWork IPO has underscored how confidence is eroding in the market both for companies looking to raise capital and investors
 "Post WeWork, IPO market slams brakes on unprofitable companies")
IRCTC IPO opens Monday. Here's why analysts suggest subscribing to it
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 (FY20).
 "IRCTC IPO opens Monday. Here's why analysts suggest subscribing to it")
Top 10 biz headlines: Modi lures investors, IRCTC's IPO, and more
From PM Modi urging investors to come to India and invest to LIC's stake in private sector dropping to 16-year-low, here are the top 10 business headlines on Thursday
 "Top 10 biz headlines: Modi lures investors, IRCTC's IPO, and more")
IRCTC looks to raise Rs 645 cr via IPO, at price band of Rs 315-320 a share
The issue comprises an offer for sale of 2.01 crore shares of the face value of Rs 10
 "IRCTC looks to raise Rs 645 cr via IPO, at price band of Rs 315-320 a share")
Some WeWork board members trying to oust CEO Adam Neumann: Report
WeWork declined to comment on the report and SoftBank was not immediately available for a comment outside business hours
 "Some WeWork board members trying to oust CEO Adam Neumann: Report")
IPOs dry up: Only 11 hit bourses this year compared to 24 in 2018
In 2017, as many as 36 firms mopped-up a record amount of over Rs 68,000 crore through initial share-sales
 "IPOs dry up: Only 11 hit bourses this year compared to 24 in 2018")
AB InBev set to revive Budweiser Asia IPO with $5 billion float: Sources
The listing would be a boost for the Hong Kong Stock Exchange
 "AB InBev set to revive Budweiser Asia IPO with $5 billion float: Sources")
Saudis replace Aramco chairman with wealth fund boss ahead of IPO
Saudis Replace Aramco Chair With Wealth Fund Boss Before IPO
 "Saudis replace Aramco chairman with wealth fund boss ahead of IPO")
Spandana Sphoorty Financial shares fail to shine on debut, end at Rs 855
Market players said the listing day performance was encouraging, considering the IPO had come amid challenging market conditions
 "Spandana Sphoorty Financial shares fail to shine on debut, end at Rs 855")
Manipal Health Enterprises plans expansion, may go for IPO in 2 years
Plans organic expansion after unsuccessful attempts to acquire Fortis, Medanta hospitals
 "Manipal Health Enterprises plans expansion, may go for IPO in 2 years")
Saudi Aramco's H1 2019 net income slips to $46.9 bn on lower oil prices
The fall in income, owing to lower oil prices, comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing
 "Saudi Aramco's H1 2019 net income slips to $46.9 bn on lower oil prices")
After lukewarm response to Spandana IPO, other MFIs re-evaluate IPO plans
In the next few quarters, at least two other MFIs, Arohan and Muthoot Microfin are planning for an IPO
 "After lukewarm response to Spandana IPO, other MFIs re-evaluate IPO plans")
Sterling & Wilson IPO garners only 92% subscription on the last day
In the IPO, promoters Shapoorji Pallonji Company and Khurshed Yazdi Daruval had put on the block shares worth Rs 2,083 crore and Rs 1,042 crore, respectively
 "Sterling & Wilson IPO garners only 92% subscription on the last day")
Affle India shares gain 15% on debut
The successful listing follows huge demand for the Microsoft-backed firm's IPO, which was subscribed 87 times.
 "Affle India shares gain 15% on debut")
From Khadim to S Chand & Co: 11 cos' market-cap slips below IPO issue size
There could be more pain in store for these stocks as analysts expect the markets to remain under pressure for some more time given the domestic and global developments
 "From Khadim to S Chand & Co: 11 cos' market-cap slips below IPO issue size")
Affle India makes strong debut, lists at 25% premium over issue price
The mobile marketing firm's Rs 459 -crore initial public offer (IPO) received a huge response from investors as the issue was overall subscribed 86 times
 "Affle India makes strong debut, lists at 25% premium over issue price")