Page 23 - Latest Updates on IPO
NSE IX launches 1st fixed income derivatives; Indo Farm IPO subscribed 17x
Fixed income derivatives would help investors to manage exposure in the Indian bond market
 "NSE IX launches 1st fixed income derivatives; Indo Farm IPO subscribed 17x")
Lionel Messi holds IPO for real estate assets, portfolio valued at $232 mn
His arrival in Miami has sparked a boom in interest and business for his Inter Miami team and more broadly for MLS, the main US football league
 "Lionel Messi holds IPO for real estate assets, portfolio valued at $232 mn")
Senores Pharma IPO listing jackpot: Shares debut at bumper 52% premium
Senores Pharma shares listed at Rs 593.70 apiece on the BSE, reflecting a premium of 51.84 per cent over the IPO allotment price of Rs 391
 "Senores Pharma IPO listing jackpot: Shares debut at bumper 52% premium")
Five companies shine on debut; deliver gains of up to 159% on listing day
These five IPOs had closed on Monday and attracted cumulative bids worth Rs 1.4 trillion as against the Rs 2,909 crore they were looking to mop up
 "Five companies shine on debut; deliver gains of up to 159% on listing day")
RBL Bank divests entire 8.16% stake in DAM Capital before IPO listing
RBL Bank sold its stake in DAM Capital Advisors via an offer for sale, raising Rs 163.32 crore by selling 5.77 million shares at Rs 283 each
 "RBL Bank divests entire 8.16% stake in DAM Capital before IPO listing")
Share Market Today: Nifty F&O expiry; Unimech IPO closes; Senores allotment
Share market today: In the primary market, Unimesh Aerospace IPO will close for subscription today. Besides, Carraro India, Senores Pharmaceuticals, and Ventive Hospitality will have IPO allotment
 "Share Market Today: Nifty F&O expiry; Unimech IPO closes; Senores allotment")
Ventive Hospitality IPO gains 9.82 times subscription on last day of offer
As of September 2024, the company's portfolio has 11 operational properties, comprising 2,036 keys across the luxury, upper upscale and upscale segments
 "Ventive Hospitality IPO gains 9.82 times subscription on last day of offer")
Indo Farm IPO to open on Dec 31 with price band of Rs 204-215 per share
Indo Farm Equipment on Tuesday fixed a price band of Rs 204 to Rs 215 per share for its initial share-sale that opens for public subscription on December 31.
Six issues fully subscribed today, IGI ends at 13% premium on listing day
Companies typically avoid December due to concerns about limited participation from foreign portfolio investors during the year-end holiday period
 "Six issues fully subscribed today, IGI ends at 13% premium on listing day")
Mobikwik leads IPO debut with 90% surge; Vishal, Sai Life gain around 40%
These stellar debuts came despite the benchmark indices logging continuous declines since their initial public offerings (IPOs) closed on Friday
 "Mobikwik leads IPO debut with 90% surge; Vishal, Sai Life gain around 40%")
Ventive Hospitality to raise Rs 1,600 crore through IPO to reduce debt
Investors can bid for a minimum of 23 equity shares and in multiples of 23 equity shares thereafter
 "Ventive Hospitality to raise Rs 1,600 crore through IPO to reduce debt")
With 11 IPOs announced so far, December tops as busiest month for listings
Industry players note that the sharp rally in the market over the past month has emboldened companies to advance their listing plans
 "With 11 IPOs announced so far, December tops as busiest month for listings")
Now, institutions dwarf retail investors in SME IPOs, reveals data
Handful of domestic, foreign institutions show large activity in SME segment: Report
 "Now, institutions dwarf retail investors in SME IPOs, reveals data")
Transrail Lighting's IPO to open on Dec 19; price band at Rs 410-432
The initial share-sale is scheduled to close on December 23 and the bidding for anchor investors will open for a day on December 18, the company announced
 "Transrail Lighting's IPO to open on Dec 19; price band at Rs 410-432")
DeVANS to boost Samba beer capacity to 600K HL with Rs 60 crore investment
Jammu-based company DeVANS Modern Breweries also plans to enter the duty-free space with one-litre bottles of its Single Malt brand GianChand exclusively for travel retail
 "DeVANS to boost Samba beer capacity to 600K HL with Rs 60 crore investment")
Investors return to IPOs with Rs 2.2 trillion bids across three offerings
Mobikwik subscribed 119x, Vishal Mega Mart 27x, Sai Life 10.3x
 "Investors return to IPOs with Rs 2.2 trillion bids across three offerings")
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")