Page 12 - Latest Updates on IPO
Trump weighs $30 bn Fannie Mae and Freddie Mac IPO for later this year
Plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock with an offering expected to raise about $30 billion
 "Trump weighs $30 bn Fannie Mae and Freddie Mac IPO for later this year")
Amber may offload ILJIN stake, to invest ₹4,200 crore in PCB plants
Electronics maker Amber Enterprises is planning a ₹4,200 crore investment under ECMS, while exploring pre-IPO or private equity options for ILJIN Electronics
 "Amber may offload ILJIN stake, to invest ₹4,200 crore in PCB plants")
NSDL extends rally after strong debut, up 25% against issue price in 2 days
Shares of National Securities Depository Limited (NSDL) hit a new high of ₹997.65 in intra-day trade, zooming 25 per cent against its issue price of ₹ 800 per share in two days.
 "NSDL extends rally after strong debut, up 25% against issue price in 2 days")
JSW Cement raises ₹1,080 crore from anchor investors ahead of IPO
As per the circular, JSW Cement has allotted 7,34,69,386 equity shares to 52 funds at ₹147 apiece. This aggregates the transaction size to ₹1,080 crore
 "JSW Cement raises ₹1,080 crore from anchor investors ahead of IPO")
Industrial and consumer discretionary sectors lead 2025 IPO charge
According to Prime Infobase data, the industrial sector has emerged as the frontrunner with nine IPOs so far this year, closely followed by consumer discretionary with seven
 "Industrial and consumer discretionary sectors lead 2025 IPO charge")
HDB Financial, Brigade Hotel, Kalpataru fall below IPO issue price
Shares of HDB Financial, Brigade Hotel and Kalpataru were trading at their lowest point since the listings in July.
 "HDB Financial, Brigade Hotel, Kalpataru fall below IPO issue price")
JSW Cement sets price band of ₹139-147/share for ₹3,600 crore IPO
The proceeds from the fresh issue will be utilised for part-financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan and for repayment of loans
 "JSW Cement sets price band of ₹139-147/share for ₹3,600 crore IPO")
Knowledge Realty Trust raises ₹1,620 crore from anchor investors in IPO
As per the circular, Knowledge Realty Trust has allotted 16.2 crore units to anchor investors at ₹100 per unit
 "Knowledge Realty Trust raises ₹1,620 crore from anchor investors in IPO")
Rediff plans to raise $100 mn to expand email, payments services
Sources said that the company will use the funds to accelerate its push into enterprise-grade email and business productivity suite -RediffOne, and digital payment - RediffPay
 "Rediff plans to raise $100 mn to expand email, payments services")
NSDL IPO oversubscribed by 41 times, reaching Rs 1.1 trillion in bids
The NSDL IPO sees over 40 times more demand than shares on offer, with institutional and retail portions heavily oversubscribed. The issue is a secondary share sale by major institutions
 "NSDL IPO oversubscribed by 41 times, reaching Rs 1.1 trillion in bids")
Sebi's new reforms aim to streamline mega IPOs, drawing positive response
Sebi is also considering easing the mandatory dilution norms for mega listings, according to sources. Presently, companies valued at over ₹1 trillion must dilute at least 5 per cent in an IPO
 "Sebi's new reforms aim to streamline mega IPOs, drawing positive response")
Sebi plans revamp of large IPO norms; retail quota may drop to 25%
Sebi noted that while average IPO sizes have been increasing, direct retail participation has remained flat over the past three years
 "Sebi plans revamp of large IPO norms; retail quota may drop to 25%")
Brigade Hotel Ventures shares drop over 5 pc in market debut trade
On the NSE, the stock started trading at Rs 81.10, a discount of 9.88 per cent. Shares of the firm ended at Rs 85.32, down 5.2 per cent
 "Brigade Hotel Ventures shares drop over 5 pc in market debut trade")
Knowledge Realty Trust to raise ₹4,800 cr, eyes asset buys post IPO listing
Quaiser Parvez, chief operating officer, KRT, said that the acquisitions will generate more value for unit holders, which will strengthen the Reit's earnings and the portfolio
 "Knowledge Realty Trust to raise ₹4,800 cr, eyes asset buys post IPO listing")
NSDL IPO opens today: How Harshad Mehta scam led demat revolution in India
From the 1992 Harshad Mehta scam to its public listing in 2025: How NSDL helped modernise and build the dematerialised capital market ecosystem in India
Lenskart files for IPO to raise ₹2,150 crore, eyes valuation of $10 billion
SoftBank-backed Lenskart plans to raise Rs 2,150 crore through IPO to expand CoCo stores, tech infrastructure, and branding amid rising Asian demand for prescription eyewear
 "Lenskart files for IPO to raise ₹2,150 crore, eyes valuation of $10 billion")
IPO fundraising in 2021-25 crosses that of 2001-20, marking a milestone
Avg Return of IPOs from 2021-25 at 63%
 "IPO fundraising in 2021-25 crosses that of 2001-20, marking a milestone")
Blackstone-backed KRT gets Sebi approval to launch ₹4,800 cr REIT-IPO
Sattva Group and Blackstone-backed Knowledge Realty Trust (KRT) receives Sebi approval to launch a ₹4,800 crore REIT-IPO, following a ₹1,400 crore pre-IPO placement
 "Blackstone-backed KRT gets Sebi approval to launch ₹4,800 cr REIT-IPO")
IndiQube Spaces IPO subscribed 12.3 times on final day of bidding
The company's IPO received bids for 211,496,292 shares against 17,148,335 shares on offer, according to NSE data
Lotus Developers IPO to open on July 30; price band set at Rs 140-150
Sri Lotus Developers announces a Rs 792 crore IPO with a price band of Rs 140-150, opening on July 30 and closing on August 1
 "Lotus Developers IPO to open on July 30; price band set at Rs 140-150")