Page 31 - Latest Updates on IPO
Ceigall India collects Rs 375 cr from anchor investors ahead of IPO
The initial public offering (IPO), with a price band of Rs 380 to Rs 401 per share, will open for subscription on August 1 and conclude on August 5
 "Ceigall India collects Rs 375 cr from anchor investors ahead of IPO")
Sebi returns IPO documents of Vishal Mega Mart, Avanse Fin, and 2 others
Vishal Mega Mart, on July 12, took the confidential filing route to submit its draft papers with the markets regulator
 "Sebi returns IPO documents of Vishal Mega Mart, Avanse Fin, and 2 others")
Ola Electric's IPO price out! How does it stack up against listed peers?
According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic 2W registrations in FY24 to 41-56 per cent of domestic 2W sales volume by FY28
 "Ola Electric's IPO price out! How does it stack up against listed peers?")
In future, we will have a few more listings from group: Ola Electric CEO
He believes this IPO is a key step in the company's long-term plan
 "In future, we will have a few more listings from group: Ola Electric CEO")
Electric 2W player Ola Electric sets IPO price band at Rs 72-76 per share
Volume growth, vertical integration would be the main pillars for improving its margins, founder and CEO Bhavish Aggarwal told reporters on Monday
 "Electric 2W player Ola Electric sets IPO price band at Rs 72-76 per share")
Unicommerce records 16% growth in order volume during mid-year online sales
The company said that volume growth was accompanied by an upward trend in gross merchandise value, which grew 19 per cent year-on-year in 2024, over 2023
 "Unicommerce records 16% growth in order volume during mid-year online sales")
Bhavish Aggarwal's Ola Electric IPO worth Rs 5,500 cr to open on August 2
Ola Electric IPO price band to be announced on Monday
 "Bhavish Aggarwal's Ola Electric IPO worth Rs 5,500 cr to open on August 2")
Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs
Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments
 "Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs")
Standard Glass Lining Technology files DRHP with Sebi to raise Rs 600 cr
The company will decide the offer price, floor price and cap price in consultation with BRLMs (Book Running Leader Managers), and on the basis of assessment of market demand for the equity shares
 "Standard Glass Lining Technology files DRHP with Sebi to raise Rs 600 cr")
Jungle Camps aims to hit Rs 100 cr revenue by 2028; firms up IPO plans
In line with its growth strategy, the Delhi-headquartered company has set its sights on an Initial Public Offering (IPO) to fund its expansion plans
 "Jungle Camps aims to hit Rs 100 cr revenue by 2028; firms up IPO plans")
Investor subscribe Sanstar IPO 13.47 times offer size on day 2 of offer
The initial public offer of plant-based speciality products company Sanstar Ltd received 13.47 times subscription on the second day of share sale on Monday.
 "Investor subscribe Sanstar IPO 13.47 times offer size on day 2 of offer")
RNFI Services IPO opens today: Check GMP, Dates, Price, Size and more
The RNFI Services IPO comprises a fresh issue of 6,744,000 shares aggregating up to Rs 70.8 crore and is available at a price band of Rs 98-105 per share
 "RNFI Services IPO opens today: Check GMP, Dates, Price, Size and more")
NLC India to raise funds via IPO of arm for clean energy expansion: CMD
In an interview to PTI here, the CMD said the PSU is planning to ramp up its renewable energy capacity from the current 1.4 GW to 6 GW by 2030
 "NLC India to raise funds via IPO of arm for clean energy expansion: CMD")
Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr
Through this, the company will be following in the footsteps of other listed players including Hatsun Agro Product, Heritage Foods, Parag Milk Foods, and Dodla Dairy
 "Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr")
Kataria Industries IPO opens today for bids; GMP indicates 52% listing gain
Kataria Industries raised Rs 15.53 crore from anchor investors on Monday, July 15, with key anchors including AG Dynamic Funds, North Star Opportunities Fund and Radiant Global Fund
IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOP liquidity over the five events, benefiting over 3,200 employees
 "IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million")
Tunwal E-Motors IPO opens for subscription today; price, GMP, lot size here
Tunwal E-Motors initial public offering (IPO) is set to open for subscription on Monday, July 15. The IPO aims to raise Rs 115.64 crore
 "Tunwal E-Motors IPO opens for subscription today; price, GMP, lot size here")
Ratlam-based Kataria industries to float Rs 54.5 cr IPO on July 16
The initial public offering (IPO) will be available for public subscription during July 16-19 and the bidding for anchor investors will open on July 15, the company said in a statement
Invesco lowers fair value, cutting Swiggy and Pine Labs valuations
US-based investor Invesco valued its 28,844 shares in Swiggy at $219.2 million, implying a total valuation of $12.3 billion, down from $12.7 billion in January 2024
 "Invesco lowers fair value, cutting Swiggy and Pine Labs valuations")
Reliance Jio listing: Tariff hikes a trigger, but spinoff better option
The current minority investors in Jio may prefer the spin off route and RIL could also consider buyout of current institutional stakeholders in Jio after the spin off if it wanted to shore up stake
 "Reliance Jio listing: Tariff hikes a trigger, but spinoff better option")