Page 114 - Latest Updates on IPO
Clarify on proposed IPO plans, Sebi to Lemon Tree Hotels, 9 other companies
Together, these companies are estimated to raise more than Rs 6,000 crore, according to merchant banking sources
Lull in fresh fundraising despite IPO boom
Offers for sale accounted for 84% of the Rs 42,000 cr raised via IPOs so far in FY18
 "Lull in fresh fundraising despite IPO boom")
Small company IPOs hit a century in 2017
For the first time, more than 100 firms launch IPOs; raise a total of Rs 1,267 cr; 30 more IPOs lined up
 "Small company IPOs hit a century in 2017")
Indian investment banks topple foreign peers in IPO showdown
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
 "Indian investment banks topple foreign peers in IPO showdown")
IPOs raise record Rs 27,000 crore in April-September this year
Companies from sectors like insurance, healthcare, education, bank and shipping have made their way to the IPO space
Street signs: IPO fatigue for retail investors?
According to experts, many retail players who invest to make listing gains are not finding IPOs lucrative anymore
 "Street signs: IPO fatigue for retail investors?")
As IPOs boom, playing in the grey market can hurt badly
Many investors use this market during IPO booms. But if the market corrects, they risk losing their capital
 "As IPOs boom, playing in the grey market can hurt badly")
Centre to sell up to 25% stake in four defence companies via IPO
The government has invited proposals for the IPO by 3 pm on August 18
 "Centre to sell up to 25% stake in four defence companies via IPO")
GTPL Hathway IPO oversubscribed 1.53 times on last day
The IPO to garner up to Rs 485 crore comprises fresh issue of shares worth Rs 240 crore
 "GTPL Hathway IPO oversubscribed 1.53 times on last day")
IPO bonanza worth more than Rs 5,300 cr in June
June might be the best month for IPO mobilisation since September 2016
Short supply doesn't mean great value
To take advantage of scarcity premium, apply in IPO
 "Short supply doesn't mean great value")
Govt approves IPO of IREDA
This will enable it to mobilise funds for the clean energy sector
 "Govt approves IPO of IREDA")
In Aramco IPO pitch, Canada plays up its natural resources expertise
Canada Inc seeks a role in delivering the kingdom's broader Vision 2030 plan
 "In Aramco IPO pitch, Canada plays up its natural resources expertise")
Financial sector readies for IPO rush worth over Rs 20,000 crore
Last year, 26 companies collectively raising over Rs 26,000 crore trough their respective IPOs
 "Financial sector readies for IPO rush worth over Rs 20,000 crore")
New India Assurance looking for merchant bankers to manage IPO
Merchant bankers would advise New India on the timing and the modalities of the IPO
5 out of 10 IPOs oversubscribed over 30 times gain over 100%
The recently listed BSE and Music Broadcast were up in the range of 7%-16%, respectively
IPO lane gets busy as companies line-up Rs 20,000-cr public offerings
Hudco, NSE, Nakshatra World and Cochin Shipyard plan to launch share-sale offers in coming months
IPO fund raising at 6-year high in FY17, trend expected to continue
A total of 25 companies collectively raised Rs 28,220 crore, the highest since 2010-2011
 "IPO fund raising at 6-year high in FY17, trend expected to continue")
Two IPOs headed for markets this week, eye Rs 584 cr
2016 saw hectic fund-raising activity in IPO space as a total of 26 firms mobilised over Rs 26k cr
For biggest IPO, Saudi Aramco might have to give up on secrecy
The consultants at Wood Mackenzie figure a valuation of roughly $400 bn
 "For biggest IPO, Saudi Aramco might have to give up on secrecy")