Page 113 - Latest Updates on IPO
Bumper IPO year continues: 11 cos approach Sebi in Aug to raise Rs 70 bn
The IPO market has seen heavy activity so far this year as 21 companies have mopped-up close to Rs 280 billion through initial share-sale
 "Bumper IPO year continues: 11 cos approach Sebi in Aug to raise Rs 70 bn")
660 IPOs raised $94.3 bn in Jan-June period, highest since 2015: Report
In Greater China, despite a decline in IPO activity, China's Shanghai (SSE) exchange hosted one of this year's largest IPOs globally
 "660 IPOs raised $94.3 bn in Jan-June period, highest since 2015: Report")
4 out of 7 insurance, MF IPOs trade 22% below issue price in aggregate
Despite the underperformance in some cases, analysts suggest investors should hold on to these stocks for now
Hinduja Leyland Finance's proposed IPO expected raise Rs 10-15 billion
Addressing shareholders on Tuesday, Ashok Leyland Chairman Dheeraj Hinduja said the future for Hinduja Leyland Finance was bright and the company was planning for an IPO this year
 "Hinduja Leyland Finance's proposed IPO expected raise Rs 10-15 billion")
Fund-raising via IPOs almost doubles in H1 2018: 18 firms raise Rs 236 bn
Many companies have opted the IPO route to give exit to their existing shareholders like private equity and venture capital firms
 "Fund-raising via IPOs almost doubles in H1 2018: 18 firms raise Rs 236 bn")
American IPOs set for busiest week in three years
Ten listings this past week, led by a slew of health-care deals, was the busiest since November, according to data compiled by Bloomberg
 "American IPOs set for busiest week in three years")
Earnings revival, stability key for IPO marker success: EY survey
Respondents, which included PE and non-PE firms, name cash flow, return on equity as key financial factors in evaluating an IPO; brand strength, market position among non-financial factors
RITES IPO: Valuation reasonable, growth prospects look good
The IPO entails disinvestment of 12.6 per cent stake by the government
IPO market hots up as 3 dozen companies line up listings worth Rs 350 bn
Of these three dozen firms, six are PSUs
12 new IPOs to come up in June-quarter, analysts remain positive
After raising Rs 843.57 bn through IPOs in FY18, 12 new companies are planning to garner Rs 170 bn in the next two months including names like HDFC Asset Management
 "12 new IPOs to come up in June-quarter, analysts remain positive")
Most sought-after IPOs of 2017-18 reap handsome gains for investors
Most-subscribed offerings do well after listing
 "Most sought-after IPOs of 2017-18 reap handsome gains for investors")
IPO analysis: Strong prospects for ICICI-Sec, but correlated to markets
Although valuations are rich, most analysts are positive due to rising financialisation of Indian savings
 "IPO analysis: Strong prospects for ICICI-Sec, but correlated to markets")
Companies are launching IPOs in March ahead of introduction of LTCG tax
Some companies are launching their IPOs this month ahead of the introduction of a new a tax on capital gains
Govt to raise Rs 4.4 billion through Midhani's IPO by divesting 26% stake
The government has raised Rs 927 billion from various stake sales during the fiscal
Patel Infrastructure, Krishna Institute get Sebi nod for IPOs
The companies had filed their draft papers with Sebi between December and January
 "Patel Infrastructure, Krishna Institute get Sebi nod for IPOs")
UPI-based system mulled for retail investors in IPOs
The UPI system enables instant and seamless payments from one bank account to another through a mobile-based application
NSE sees IPO pipeline by start-ups, e-tailers
Bourse expects to help firms raise $50 billion as investors exit
 "NSE sees IPO pipeline by start-ups, e-tailers")
HAL, ICICI Securities among several firms lining up Rs 250-bn public offers
Most of these companies plan to utilise initial public offer (IPO) proceeds for business expansion as well as working capital requirements
Stare-run companies Bharat Dynamics, IREDA get Sebi's go-ahead for IPO
Bharat Dynamics was established in 1970 and is a manufacturer of guided missiles and allied defence equipment
Domestic institutions lend their weight as anchors in IPOs
HDFC MF, Birla Sun Life MF, and Reliance MF have emerged the biggest anchor investors, having put in more than Rs 400 crore each this year