Page 17 - Latest Updates on IPO
ArisInfra Solutions Ltd sets IPO price band at Rs 210-222 per share
The initial share sale will open for a public subscription on June 18 and conclude on June 20, the company announced
 "ArisInfra Solutions Ltd sets IPO price band at Rs 210-222 per share")
JSW Cement begins roadshow ahead of next month's planned Mumbai IPO
JSW Cement could be joining a swelling pipeline of summer listings in India, where the central bank cut rates by a bigger-than-expected 50 basis points last week
 "JSW Cement begins roadshow ahead of next month's planned Mumbai IPO")
Indian depository NSDL plans IPO for July, expects to raise $400 million
The listing of NSDL, the country's largest depositary in terms of assets under custody, is being managed by ICICI Securities Ltd., Axis Capital Ltd., HSBC Holdings Plc and IDBI Capital
 "Indian depository NSDL plans IPO for July, expects to raise $400 million")
Oswal Pumps prices its IPO in ₹584-₹614 range; opens on June 13
The ₹1,387-crore IPO includes a ₹890-crore fresh issue and ₹497-crore OFS, with funds earmarked for new plants, debt repayment, and Oswal Solar investment
 "Oswal Pumps prices its IPO in ₹584-₹614 range; opens on June 13")
Indian realty companies building up over Rs 15,000 crore IPO pipeline
Robust housing sales growth after the pandemic has prompted leading developers to unleash relevant inventory across markets, experts said
 "Indian realty companies building up over Rs 15,000 crore IPO pipeline")
Kent RO, 3 others get Sebi nod for IPOs: Here's all you need to know
Upcoming IPOs: These companies are collectively expected to raise around ₹2,500 crore through their public issues
 "Kent RO, 3 others get Sebi nod for IPOs: Here's all you need to know")
Karamtara Engineering gets Sebi nod for ₹1,750 cr IPO; check key details
Karamtara Engineering plans to raise ₹1,750 crore through a combination of fresh issue and offer for sale
 "Karamtara Engineering gets Sebi nod for ₹1,750 cr IPO; check key details")
TReDS platform M1xchange eyes IPO in 3-5 years, aims ₹1.25 trn biz in FY25
M1xchange, which started operations in 2017, is aiming to close the financial year with a business of Rs 1.25 trillion
 "TReDS platform M1xchange eyes IPO in 3-5 years, aims ₹1.25 trn biz in FY25")
Sebi relaxes stance on the IPOs of companies with high public float
Sebi has clarified that large public shareholding alone does not violate listing norms, paving the way for IPOs from firms like HDB Financial, Hero FinCorp, and Vikram Solar
 "Sebi relaxes stance on the IPOs of companies with high public float")
Scoda Tubes shares make flat D-Street debut, list at ₹140 on BSE
The listing price of Scoda Tubes was significantly below grey market estimates of ₹160
 "Scoda Tubes shares make flat D-Street debut, list at ₹140 on BSE")
Lalit Suri Hospitality Group eyes IPO after 2026 amid expansion plans
Co looking at Management Contracts and Religious Tourism
 "Lalit Suri Hospitality Group eyes IPO after 2026 amid expansion plans")
With an eye on IPO, 5 startups in process of reverse-flipping: Bay Capital
Metrics such as customer acquisition cost (CAC), lifetime value (LTV) and retention rates are now well understood, making it easier for startups to communicate their value propositions
Aegis Vopak Terminals shares make muted D-Street debut, list at 6% discount
Aegis Vopak Terminals shares listed at ₹220 on the BSE, against the issue price of ₹235
 "Aegis Vopak Terminals shares make muted D-Street debut, list at 6% discount")
BCCL files IPO papers with Sebi, CIL to offload 465.7 million shares
The IPO will be a pure offer for sale (OFS) with no issuance of new shares. CIL plans to offload up to 465.7 million equity shares through the offering
 "BCCL files IPO papers with Sebi, CIL to offload 465.7 million shares")
Prostarm Info Systems IPO subscribed 97x; Scoda Tubes offer booked 8.11x
The initial public offering (IPO) of stainless-steel tubes and pipes manufacturer Scoda Tubes fetched 8.11 times subscription on the second day of bidding on Thursday
Fintech firm Razorpay completes reverse flip from US to India ahead of IPO
Fintech firm Razorpay has moved its parent company's domicile from the US to India as it gears up for an IPO, joining the growing trend of Indian startups relocating home
 "Fintech firm Razorpay completes reverse flip from US to India ahead of IPO")
Unified Data-Tech shares make positive D-Street debut, list at 4% premium
Unified Data-Tech shares listed at ₹285 on the BSE SME platform, against the issue price of ₹273
Anchor lock-in expiry to unlock ₹21 billion worth shares by September 2025
The counters of Ajax Engineering, Dr Agarwal's Health Care, Ather Energy, and Hexaware Technologies will be among the major companies in the main board space to see their lock-in periods expire
 "Anchor lock-in expiry to unlock ₹21 billion worth shares by September 2025")
IPO-bound ed-tech firm Imarticus Learning acquires MyCaptain in ₹50 cr deal
Prior to MyCaptain, in April 2023, Imarticus Learning acquired Hero Mindmine, the training arm of Hero Group
 "IPO-bound ed-tech firm Imarticus Learning acquires MyCaptain in ₹50 cr deal")
Prostarm Info Systems IPO receives 12.65x subscription on day-2 of offer
The initial public offering (IPO) received bids for 14,16,94,842 shares, as against 1,12,00,000 shares on offer, as per NSE data