Page 14 - Latest Updates on IPO
Gift City may see its first IPO soon, marking a new era for unlisted firms
Ed-tech firm among half dozen eyeing direct listing at financial hub
 "Gift City may see its first IPO soon, marking a new era for unlisted firms")
Travel Food Services slips on mkt debut; Anthem subscribed 73% on Day 1
The ₹583-crore initial public offering (IPO) of Smartworks Coworking Spaces Ltd garnered 13.45 times(x) subscription on the closing day of bidding on Monday
 "Travel Food Services slips on mkt debut; Anthem subscribed 73% on Day 1")
Smartworks Coworking IPO subscribed 13.45 times on final bidding day
The IPO of Smartworks Coworking Spaces hit the capital market on Thursday last week to raise nearly ₹600 crore as the company intends to expand its business and reduce debt
 "Smartworks Coworking IPO subscribed 13.45 times on final bidding day")
Anthem Biosciences IPO subscribed 73 pc on Day 1 of offer
The initial share sale received bids for 3,21,13,406 shares against 4,40,70,682 shares on offer, according to NSE data
 "Anthem Biosciences IPO subscribed 73 pc on Day 1 of offer")
Flipkart offers $50 million stock buyback to employees ahead of planned IPO
Walmart-owned Flipkart is offering a $50 million stock buyback to employees, signaling confidence in its upcoming IPO and promising an additional liquidity event if performance targets are met
 "Flipkart offers $50 million stock buyback to employees ahead of planned IPO")
Smartworks Coworking IPO fully subscribed; 1.15 times on Day 2 of offering
The IPO of Smartworks Coworking Spaces hit the capital market on Thursday to raise nearly ₹600 crore as the company intends to expand its business and reduce debt
 "Smartworks Coworking IPO fully subscribed; 1.15 times on Day 2 of offering")
Orient Cables files for ₹700 crore IPO papers with fresh issue and OFS
The fresh issue consists of equity shares worth ₹320 crore, while the OFS comprises equity shares aggregating to ₹380 crore
Aggcon Equipments Int'l files IPO papers with Sebi to raise ₹332 cr
Proceeds from the fresh issue to the tune of ₹168 crore would be used for payment of debt,₹ 84 crore for purchase of equipment and a portion would be used for general corporate purposes
Apple supplier Lens Technology to debut in Hong Kong after $607 mn float
Headed by China's second-richest woman, Lens Technology is the latest China-traded company to set its sights on Hong Kong
 "Apple supplier Lens Technology to debut in Hong Kong after $607 mn float")
Travel Food Services IPO gets subscribed 10% on day one of bidding
Travel Food Services, operating a travel quick-service restaurant and a lounge business across airports in India and Malaysia, on Friday raised nearly ₹600 crore from anchor investors
IPOs mark a new era for India's hospitality industry with scale, ambition
In the past two months, international chains have announced aggressive expansion plans for India. Most plan to open 100-300 hotels in the next five years, said analysts at Elara Capital
 "IPOs mark a new era for India's hospitality industry with scale, ambition")
IPO-bound Smartworks FY25 loss widens to ₹63 cr, revenue rises 32%
Smartworks said it aims to generate and sustain increased revenue levels and decrease proportionate expenses in future periods to achieve profitability
 "IPO-bound Smartworks FY25 loss widens to ₹63 cr, revenue rises 32%")
Allied Engineering Works files IPO papers, to raise ₹400 cr via fresh issue
The proposed IPO is a combination of fresh issuance of shares worth ₹400 crore, and an offer-for-sale of 75 lakh shares by promoter Ashutosh Goel
 "Allied Engineering Works files IPO papers, to raise ₹400 cr via fresh issue")
Smarten Power IPO to open on Jul 7, sets issue price band at ₹100/share
The IPO is a combination of a fresh issue of up to 40.01 lakh equity shares aggregating to ₹40.01 crore and an offer for sale of 10 lakh shares aggregating to ₹10 crore
 "Smarten Power IPO to open on Jul 7, sets issue price band at ₹100/share")
Smartworks Coworking IPO to open on July 10; issue size cut to ₹445 crore
About Rs 226 crore from the total proceeds will be used for capital expenditure related to the fit-outs in new centres and security deposits for these new centres
 "Smartworks Coworking IPO to open on July 10; issue size cut to ₹445 crore")
Crizac's ₹860 crore IPO subscribed 59.82 times on final bidding day
The ₹860-crore initial share sale received bids for 154,56,79,488 shares against 2,58,36,909 shares on offer, as per NSE data
 "Crizac's ₹860 crore IPO subscribed 59.82 times on final bidding day")
Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing
Last month, the NCLT approved Meesho's move to shift its HQ from Delaware to India, a step seen as key to its long-awaited listing and corporate restructuring
 "Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing")
Kapur Family Trust to partially sell stake in Travel Food Services
Travel Food Services IPO is a full offer-for-sale issue by Kapur Family Trust with SSP Group raising stake as company eyes APAC, Middle East and highway QSR growth
 "Kapur Family Trust to partially sell stake in Travel Food Services")
HDB Financial Services jumps 13% on debut, valued at ₹69,704 crore
HDB Financial Services gains over 13 per cent on market debut with Rs 69,704 crore valuation after strong IPO demand, though RBI's stake cap proposal could weigh on outlook
 "HDB Financial Services jumps 13% on debut, valued at ₹69,704 crore")
Ellenbarrie, Globe Civil shine on market debut; Kalpataru, Raymond subdued
Industrial listings see strong investor response while real estate debuts Kalpataru and Raymond Realty deliver modest or flat returns despite strong sectoral interest
 "Ellenbarrie, Globe Civil shine on market debut; Kalpataru, Raymond subdued")