Page 33 - Latest Updates on IPO
Officer's Choice whisky maker Allied Blenders' IPO subscribed 51% on Day 1
The Rs 1,500-crore initial share sale received bids for 2,01,69,680 shares against 3,93,71,669 shares on offer, as per NSE data
 "Officer's Choice whisky maker Allied Blenders' IPO subscribed 51% on Day 1")
Ahead of IPO, Vraj Iron and Steel pockets Rs 51 cr from anchor investors
Vraj Iron and Steel has allotted 24,78,259 equity shares to six anchor investors at Rs 207 apiece, aggregating the transaction size to Rs 51.30 crore
 "Ahead of IPO, Vraj Iron and Steel pockets Rs 51 cr from anchor investors")
Allied Blenders IPO opens: Is Officer's Choice whiskey maker worth bidding?
Allied Blenders & Distillers Ltd. raised Rs 449.10 crore from anchor investors on June 24. Top investors included Nippon Life India Trustee, JM Financial Mutual Fund, Jupiter India Fund
 "Allied Blenders IPO opens: Is Officer's Choice whiskey maker worth bidding?")
Best first half for IPOs in 17 years, 37 firms mop up nearly Rs 32k cr
Unlike the previous election years, bankers said there was more certainty regarding the outcome
 "Best first half for IPOs in 17 years, 37 firms mop up nearly Rs 32k cr")
Why Hyundai is again eyeing IPO in India, 25 years after its failed attempt
Hyundai needs the money especially for EVs but it could have sold equity in the South Korean parent company, which is much bigger and already listed
 "Why Hyundai is again eyeing IPO in India, 25 years after its failed attempt")
Officer's Choice whisky maker Allied Blenders raises Rs 449 cr ahead of IPO
The company has allotted 1.6 crore equity shares to 17 funds at Rs 281 apiece, which is also the upper end of the price band
 "Officer's Choice whisky maker Allied Blenders raises Rs 449 cr ahead of IPO")
Fast fashion retailer Shein filed for London listing in early June: Report
The Chinese-founded company, was valued at $66 billion in a fundraising round last year
 "Fast fashion retailer Shein filed for London listing in early June: Report")
Countdown begins: $12 billion pre-IPO shares set to escape lock-up
Release the fortune: Market observers predict surge in block deals as restrictions lift
 "Countdown begins: $12 billion pre-IPO shares set to escape lock-up")
Armee Infotech files draft papers to raise Rs 250 crore through IPO
Proceeds of the issue will be used to increase the working capital requirements of the company, payment of debt and general corporate purposes
 "Armee Infotech files draft papers to raise Rs 250 crore through IPO")
Warburg-backed Avanse Financial Services files for Rs 3,500-cr IPO
Avanse is the first education-focused NBFC looking to go public
 "Warburg-backed Avanse Financial Services files for Rs 3,500-cr IPO")
Managed this fundraise because of biz performance: Zepto CEO Aadit Palicha
We have been able to raise this round purely because of business performance. We are growing 140 per cent year-on-year, said Palicha
 "Managed this fundraise because of biz performance: Zepto CEO Aadit Palicha")
Will the Indian stock market tank post the Hyundai IPO? What history suggests
Back home, out of the last seven big IPOs to hit the Dalal Street (D-Street) since 2007, the Sensex has lost ground five times post the stocks of these companies debuted at the exchanges
 "Will the Indian stock market tank post the Hyundai IPO? What history suggests")
Allied Blenders IPO to open June 25; Sensex, FTSE rejig on Friday
NSE Indices has launched the thematic index Nifty India Tourism Index
 "Allied Blenders IPO to open June 25; Sensex, FTSE rejig on Friday")
Sebi tightens norms for IPO price discovery to curb manipulation
Introduces critical tweak to weed out fake orders during call auction
 "Sebi tightens norms for IPO price discovery to curb manipulation")
EV maker Ola Electric secures market regulator Sebi approval for IPO
Ola Electric is eyeing a $6-7 billion valuation through the offering
 "EV maker Ola Electric secures market regulator Sebi approval for IPO")
Emcure Pharmaceuticals gets market regulator Sebi's approval for IPO
IPO comprises fresh issue of equity shares worth Rs 800 crore and OFS of 13.6 million equity shares by promoters
 "Emcure Pharmaceuticals gets market regulator Sebi's approval for IPO")
Ola Electric receives Sebi approval for IPO; looks to raise Rs 5,500 crore
Ola Electric IPO: The the first public offering by an EV startup in India includes an offer-for-sale component of 95.2 million shares
 "Ola Electric receives Sebi approval for IPO; looks to raise Rs 5,500 crore")
DEE Development Engineers IPO subscribed 2.51 times on Day 1 of offer
The Rs 418 crore initial share sale received bids for 3,74,51,044 shares against 1,49,44,944 shares on offer, as per NSE data
Hyundai's IPO poised to boost already-buzzing Indian automakers' valuations
Local auto stocks have already added $70 billion in market value so far this year, rising nearly 40 per cent - over four times the advance in the country's equity benchmark
Akme Fintrade's Rs 132 crore IPO subscribed 3 times on Day 1 of offer
The Rs 132 crore initial public offer received bids for 2,36,47,500 shares against 78,65,000 shares on offer, according to NSE data
 "Akme Fintrade's Rs 132 crore IPO subscribed 3 times on Day 1 of offer")