Page 27 - Latest Updates on IPO
Spice brand MTR's owner Orkla exploring IPO in 2025, says top executive
The company is looking to expand its play in the international market-with a focus on Gulf Cooperation Council (GCC) countries
 "Spice brand MTR's owner Orkla exploring IPO in 2025, says top executive")
NTPC Green Energy files draft papers for around Rs 10,000 crore IPO
Senior management of the company confirmed the development, but the spokesperson declined to comment
 "NTPC Green Energy files draft papers for around Rs 10,000 crore IPO")
Tata Sons rules out IPO plans despite push from shareholder SP group
Holding co prepays Rs 21,813 crore debt in FY 2024 to declassify itself as NBFC upper layer
 "Tata Sons rules out IPO plans despite push from shareholder SP group")
Northern Arc Capital IPO got subscribed 9.98 times on Day 2 of offer
The quota for non-institutional investors received 21.71 times subscription while the Retail Individual Investors (RIIs) part got subscribed 10.82 times
 "Northern Arc Capital IPO got subscribed 9.98 times on Day 2 of offer")
PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale
PMEA Solar IPO: The funds raised through the fresh issue will be allocated towards capital expenditure and debt repayment
 "PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale")
Bajaj Housing Finance surges 2.4x on debut, adds Rs 79K cr in market value
BHF's strong debut follows strong demand for its shares during its Rs 6,560 crore IPO, which saw 67 times more demand than shares on offer and garnered record Rs 3.2 trillion worth of bids
 "Bajaj Housing Finance surges 2.4x on debut, adds Rs 79K cr in market value")
Western Carriers IPO gets subscribed 4.83 times on Day 2 of subscription
The Kolkata-based company's initial public offering (IPO) is available for subscription in the price range of Rs 163-172 per share
Northern Arc Capital IPO fully subscribed on Day 1, 2.86x oversubscribed
Northern Arc Capital on Friday said it has collected Rs 229 crore from anchor investors
Fabtech Technologies files draft papers with Sebi to raise funds via IPO
The company may raise up to Rs 10 crore through the pre-IPO round. If such placement is completed, the fresh issue size will be reduced
Mutual funds betting big on recently listed and new-age companies
PB Fintech and Delhivery were also among the top 15 most bought stocks, as per an analysis by Nuvama Alternative & Quantitative Research
 "Mutual funds betting big on recently listed and new-age companies")
Northern Arc Capital gets Rs 229 cr from anchor investors ahead of IPO
According to a circular uploaded on BSE's website, the company has allotted 8.702 mn equity shares to 15 funds at Rs 263 apiece, which is also the upper end of the price band
 "Northern Arc Capital gets Rs 229 cr from anchor investors ahead of IPO")
IPOs next week: Bajaj Housing among 14 listings; 5 new offers on radar
The upcoming week is packed with opportunities for investors, starting with the initial public offerings of Arkade Developers, and Northern Arc Capital
 "IPOs next week: Bajaj Housing among 14 listings; 5 new offers on radar")
Liquidity galore in markets: Spotlight on IPOs in trillion-bid club
Bajaj Housing Finance IPO highlights history's highest-bid public offerings
 "Liquidity galore in markets: Spotlight on IPOs in trillion-bid club")
Bajaj Housing IPO sees record-breaking demand, garners 9 mn applications
Public offer gets subscribed over 67x, cumulative bids exceed Rs 3.24 trillion
 "Bajaj Housing IPO sees record-breaking demand, garners 9 mn applications")
Burma Burma plans IPO by 2027, aims for Rs 300 crore revenue before listing
Burma Burma is also eyeing international markets for expansion, with a focus on the United Arab Emirates (UAE) and the United Kingdom (UK)
 "Burma Burma plans IPO by 2027, aims for Rs 300 crore revenue before listing")
Blackstone prepares to take two firms public amid buoyant markets
PE/VC majors have raised Rs 8,059 cr this year by offloading stakes in IPOs
 "Blackstone prepares to take two firms public amid buoyant markets")
Shriram Group to list general insurance arm first, both IPOs in two years
Shriram Group and South African financial services giant Sanlam jointly own Shriram Life Insurance and Shriram General Insurance
 "Shriram Group to list general insurance arm first, both IPOs in two years")
Swiggy plans to raise Rs 5,000 crore via fresh issue in upcoming IPO
The Bengaluru-based company had already targeted Rs 6,664 crore through an offer for sale (OFS)
 "Swiggy plans to raise Rs 5,000 crore via fresh issue in upcoming IPO")
After Ola Electric, e-scooter maker Ather Energy files for $536 million IPO
The IPO is the latest in India's booming stock market that has attracted about 200 companies to raise more than $7 billion through IPOs so far this year, per LSEG data
 "After Ola Electric, e-scooter maker Ather Energy files for $536 million IPO")
Bajaj Housing Finance's $782 mn float kicks off busy week for Indian IPOs
This week alone, IPOs of 16 companies open for subscription, including Bajaj Housing Finance's smaller peer Sammaan Capital
 "Bajaj Housing Finance's $782 mn float kicks off busy week for Indian IPOs")