Page 23 - Latest Updates on IPO
Mamata Machinery IPO to open on Dec 19; price band at Rs 230-243 a share
Public issue will conclude on December 23 and the bidding for anchor investors will open for a day on December 18, the company announced
 "Mamata Machinery IPO to open on Dec 19; price band at Rs 230-243 a share")
Mutual funds go big on fresh issuances in November, shows data
Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments
 "Mutual funds go big on fresh issuances in November, shows data")
IPO-bound Rebel Foods raises $210 million in funding round led by Temasek
Other participants included existing investor Evolvence. The Series G round which was a mix of primary and secondary share sales also facilitated exits for certain investors, the company said
 "IPO-bound Rebel Foods raises $210 million in funding round led by Temasek")
Mobikwik subscribed 7x on Day 1; Vishal, SaiLife get tepid responses
The IPOs of SaiLife and Vishal Megamart were subscribed 0.84 times and 0.5 times
 "Mobikwik subscribed 7x on Day 1; Vishal, SaiLife get tepid responses")
Mobikwik IPO opens today: GMP zooms 49%; should you park your money?
Mobikwik IPO GMP today: Mobikwik shares were trading at Rs 415 apiece, reflecting a grey market premium (GMP) of Rs 136 or 48.75 per cent per share
 "Mobikwik IPO opens today: GMP zooms 49%; should you park your money?")
Cracking the whip: Why Sebi is tightening rules for public issues of SMEs
SME IPO is a red-hot market segment. Many of these floats routinely see 100-time subscription and massive gains upon listing
 "Cracking the whip: Why Sebi is tightening rules for public issues of SMEs")
Rekha Jhunjhunwala-backed IKS Health sets IPO price band at Rs 1,265-1,329
With the IPO, the company aims to provide an opportunity for investors to participate in one of the fastest-growing niches in the US healthcare sector
 "Rekha Jhunjhunwala-backed IKS Health sets IPO price band at Rs 1,265-1,329")
Flipkart plans IPO within 12-15 months, prepares to shift base to India
Flipkart, valued at $36 billion, is planning to launch its initial public offering by 2025-26, and will be shifting its domicile from Singapore to India
 "Flipkart plans IPO within 12-15 months, prepares to shift base to India")
Investors demand Sebi's green light for NSE IPO in Delhi High Court plea
Investors led by the People Activism Forum urge Delhi HC to direct Sebi to approve NSE's IPO, alleging unjustified delays that hinder shareholder value and public market access
 "Investors demand Sebi's green light for NSE IPO in Delhi High Court plea")
Street Signs: Nifty racing past resistance, BSE's high-wire act, more
Shares of BSE have surged more than 20 per cent in less than two weeks, defying concerns surrounding the Securities and Exchange Board of India's (Sebi's) new futures and options
 "Street Signs: Nifty racing past resistance, BSE's high-wire act, more")
FPI Leviathan Rises: Primary markets unleash kraken of investment in 2024
Unshackling animal spirits: A record Rs 1.1 trillion in foreign flows via IPOs, QIPs, and rights issues
 "FPI Leviathan Rises: Primary markets unleash kraken of investment in 2024")
IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr
Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd
 "IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr")
LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO
South Korean parent to sell 15% stake
 "LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO")
LG Electronics India files for IPO; South Korean parent to sell 15% stake
Its South Korean parent company LG Electronics Inc will sell 10,18,15,859 equity shares of face value of Rs 10 each, according to DHRP
 "LG Electronics India files for IPO; South Korean parent to sell 15% stake")
RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO
Canara Robeco AMC was established in 1993 and was initially known as Canbank Mutual Fund
 "RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO")
Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr
The company may consider raising Rs 90 crore through a pre-IPO placement
 "Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr")
Co-working space provider Urban Vault plans IPO in the next 3 years
The company expects to reach the Rs 150-crore revenue mark by FY25, growing at 80-85 per cent year-on-year
Global investment group Prosus eyes five India listings in 12-18 months
While Prosus said that the exact timeline for the IPO announcements will come from the firms themselves, it also identified another five investee companies on its "future potential" IPO list
 "Global investment group Prosus eyes five India listings in 12-18 months")
Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months
The expiry of the lock-in period could have implications for these companies, as some investors might look to sell their holdings
 "Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months")
C2C Advanced Systems IPO sees 80% of individual investors withdraw bids
The SME IPO had received a good response, seeing 100 times more demand than shares on offer
 "C2C Advanced Systems IPO sees 80% of individual investors withdraw bids")