Page 28 - Latest Updates on 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")
Street signs: 10 IPOs raised Rs 17,110 cr, bullfight of exchanges, and more
NSE celebrates 30 years of operations, it recently unveiled sculptures of a bull and human figures on its campus
 "Street signs: 10 IPOs raised Rs 17,110 cr, bullfight of exchanges, and more")
Swiggy reports Rs 33 crore fraud by ex-employee, files legal complaint
The IPO-bound company engaged an external team to investigate the and filed a legal complaint against the former junior employee for embezzling money
 "Swiggy reports Rs 33 crore fraud by ex-employee, files legal complaint")
Food aggregator Swiggy strengthens top deck ahead of upcoming IPO
This comes at a time when competition is intensifying in the rapidly growing quick commerce space
 "Food aggregator Swiggy strengthens top deck ahead of upcoming IPO")
Primary driver: How average listing gains are pushing IPO subscriptions
Retail investors would be well advised to approach the market with caution and the exchanges must ensure that only quality issues make it to the market
 "Primary driver: How average listing gains are pushing IPO subscriptions")
Premier Energies gains 86% on trading debut; Nifty gains for a 14th day
The benchmark Nifty's winning run continued, with the 50-share index managing to eke out just a 1.15-point gain on Tuesday to end at 25,280
 "Premier Energies gains 86% on trading debut; Nifty gains for a 14th day")
ECOS Mobility IPO GMP surges 40%; experts eye double digit listing gains
ECOS (India) Mobility & Hospitality shares are slated to make their debut on the bourses tomorrow, Wednesday, September 4, 2024. Check listing price prediction here
 "ECOS Mobility IPO GMP surges 40%; experts eye double digit listing gains")
Bajaj Housing Finance targets nearly $7 bn valuation through $782 mn IPO
As of Aug. 28, about 200 companies have raised $7.11 billion through IPOs this year, more than double in the same period last year, according to LSEG data
 "Bajaj Housing Finance targets nearly $7 bn valuation through $782 mn IPO")
SK Finance gets IPO approval; Baazar Style booked 4.64x on second day
IPO of Gala Precision Engineering got fully subscribed within minutes of opening for bidding
 "SK Finance gets IPO approval; Baazar Style booked 4.64x on second day")
Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details
The company will offer a fresh issuance of up to 36,94,000 equity shares with a face value of Rs 10 apiece through the book-building route
 "Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details")
Brokerages bullish on Gala Precision IPO; GMP jumps 45%; should you bid?
Several brokerages, including Deven Choksi Research, Anand Rathi, Swastika Investmart, and Choice, have shared their outlook on the Gala Precision Engineering IPO for the investors
 "Brokerages bullish on Gala Precision IPO; GMP jumps 45%; should you bid?")
Sebi plans to tighten SME IPO norms, migration regulations: Ashwani Bhatia
Paper to review eligibility, disclosure, and institutional portion
 "Sebi plans to tighten SME IPO norms, migration regulations: Ashwani Bhatia")
Ecos Mobility IPO gets subscribed over 64 times on offer's closing day
The Initial Public Offer (IPO) of Ecos (India) Mobility & Hospitality got fully subscribed on the first day of bidding on Wednesday
IFSCA releases final norms for Gift City listings, sets IPO eligibility
Includes norms for already listed companies to explore the avenue, though subject to norms from other regulators
 "IFSCA releases final norms for Gift City listings, sets IPO eligibility")
GMP zooms 33%! Should you bid for Baazar Style Retail IPO on opening day?
Several brokerages, including Geojit, Deven Choksey Research, and Swastika Investmart, have reviewed the Bazaar Style Retail IPO, and shared their outlook for investors
 "GMP zooms 33%! Should you bid for Baazar Style Retail IPO on opening day?")
Most IPOs reasonably priced, domestic funds drive a hard bargain: Kaushik
The primary market has witnessed a promising trend across products in the first half of the year. IPOs have performed exceptionally well, with a notable increase in average ticket size, Kaushik said
 "Most IPOs reasonably priced, domestic funds drive a hard bargain: Kaushik")
Resourceful Automobile makes a tepid debut but ends on the upper circuit
Resourceful Automobile's initial public offering (IPO) was a fresh issue of Rs 12 crore and raised eyebrows as it was subscribed a whopping 419 times
 "Resourceful Automobile makes a tepid debut but ends on the upper circuit")
Final Hours! Premier Energies IPO ends today; GMP up 88%; Should you bid?
The public issue of Premier Energies has received a positive response from investors, with getting subscribed 6.61 times by the end of the second day of bidding
Orient Tech shares hit 5% upper circuit on BSE; up 48% from IPO price
Orient Technologies shares listed at Rs 290 on the BSE, reflecting a 40.77 per cent premium over the upper end of its issue price of Rs 206
 "Orient Tech shares hit 5% upper circuit on BSE; up 48% from IPO price")
ECOS Mobility IPO hits high gear: GMP jumps 58%; should you bid?
ECOS Mobility IPO, which is entirely an offer for sale of 18,000,000 shares with a face value of Rs 2, is available at a price band of Rs 318-334 per share, with a lot size of 44 shares
 "ECOS Mobility IPO hits high gear: GMP jumps 58%; should you bid?")