Page 40 - Latest Updates on IPO
Sebi mulls removing 1% security deposit for IPOs and rights issue
The regulator added that the number of complaints per IPO have reduced after the implementation of T+3 (Trade day plus three days) listing cycle
 "Sebi mulls removing 1% security deposit for IPOs and rights issue")
4 IPOs to hit the market next week; Aadhar Housing refiles IPO papers
Capital Small Finance Bank (Rs 523-crore issue), Small Finance Bank (Rs 570 crore) and Rashi Peripherals', (Rs 600 crore) IPO opens on February 7, while Apeejay Surrendra Park's Rs 920-crore IPO opens
 "4 IPOs to hit the market next week; Aadhar Housing refiles IPO papers")
Capital Small Finance Bank fixes Rs 445-468 as price band for its IPO
The issue consists of Rs 450 crore of fresh issue and the remaining Rs 73 crore of offer for sale through which promoters and external investors will dilute 5 per cent of their pre-issue holdings
 "Capital Small Finance Bank fixes Rs 445-468 as price band for its IPO")
Nova Agritech shares jump nearly 43.39% to Rs 58.79 in debut trade
The stock listed at Rs 56, up 36.58 per cent from the issue price on the BSE. It later jumped 43.39 per cent to Rs 58.79
 "Nova Agritech shares jump nearly 43.39% to Rs 58.79 in debut trade")
Blackstone's Aadhar Housing Finance targets $600 million India IPO: Report
Aadhar plans to file its IPO papers with India's market regulator within the next two weeks, both sources said
 "Blackstone's Aadhar Housing Finance targets $600 million India IPO: Report")
BLS E-Services IPO sails through on Day 1: Here's all you need to know
BLS E-Services Rs 311 crore IPO was subscribed up to 2.5 times as of 11:30 AM on Day 1 of the offer period.
 "BLS E-Services IPO sails through on Day 1: Here's all you need to know")
Faasos, Behrouz Biryani's parent Rebel Foods aiming to get listed in 2025
With this, Rebel Foods would become the country's first cloud kitchen business to go public
 "Faasos, Behrouz Biryani's parent Rebel Foods aiming to get listed in 2025")
Transform Rural India to list on SSE; Nova Agri IPO subscribed 109 times
The SSE enables investors subscribe to zero coupon zero principal (ZCZP) bonds of non-profit organisations (NPOs), which are backed with robust standards of social impact and financial reporting
 "Transform Rural India to list on SSE; Nova Agri IPO subscribed 109 times")
Market regulator Sebi probing three IPOs for inflating subscriptions
MUMBAI (Reuters) -India's market regulator is investigating three initial public offerings (IPOs) for allegedly inflating the number of subscriptions received
 "Market regulator Sebi probing three IPOs for inflating subscriptions")
AC-maker EPACK Durable IPO subscribed 77% on first day of subscription
The Initial Public Offering (IPO) has a fresh issue of Rs 400 crore and an offer-for-sale of up to 1,04,37,047 equity shares. The IPO has a price range of Rs 218-230 a share
 "AC-maker EPACK Durable IPO subscribed 77% on first day of subscription")
Bansal Wire Industries files draft papers to mobilise Rs 745 crore via IPO
The maiden public issue is an entirely fresh issue of equity shares with no Offer-For-Sale (OFS) component, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday
Bansal Wire Industries files draft papers to mobilise Rs 745 cr via IPO
Steel wire manufacturer Bansal Wire Industries Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 745 crore through an Initial Public Offering (IPO)
 "Bansal Wire Industries files draft papers to mobilise Rs 745 cr via IPO")
Reddit may launch IPO in March, nearly 3 years since its initial filing
Delays in IPO launch may be due to unstable market conditions and Reddit's goal to 'come closer to profitability'
 "Reddit may launch IPO in March, nearly 3 years since its initial filing")
Reddit to launch IPO, first social media offering since Pinterest, in March
It would be first IPO of a major social media company since Pinterest's debut in 2019, and would come as Reddit and its peers face stiff competition for advertising dollars from likes of TikTok & FB
 "Reddit to launch IPO, first social media offering since Pinterest, in March")
KRN Heat Exchanger files draft papers with Sebi to raise funds via IPO
KRN Heat Exchanger and Refrigeration Ltd has filed preliminary papers with capital markets regulator Sebi to mobilise funds through an Initial Public Offering (IPO)
 "KRN Heat Exchanger files draft papers with Sebi to raise funds via IPO")
Officer's Choice whisky maker Allied Blenders files IPO papers with Sebi
The initial share sale comprises fresh issuance of equity shares worth Rs 1,000 crore and an Offer-For-Sale (OFS) of shares to the tune of Rs 500 crore by promoters
Medi Assist healthcare IPO subscribed 54% on first day of bidding
Medi Assist covers over 18,000 hospitals across 1,069 cities and 31 states and has 35 insurers as partners
 "Medi Assist healthcare IPO subscribed 54% on first day of bidding")
Flipkart eyes profitability ahead of IPO; looks to go public in 1 -2 years
Flipkart Internet, the marketplace arm of the e-commerce giant, recently reported a 42 per cent growth in operating revenue for FY23 at Rs 14,845 crore
 "Flipkart eyes profitability ahead of IPO; looks to go public in 1 -2 years")
Ahead of IPO, Medi Assist mobilises Rs 351 crore from anchor investors
The company has allotted 84.08 lakh equity shares to 36 funds at Rs 418 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website
Road to listing may get easier: Sebi expert panel for relaxing IPO norms
India Inc may get more flexibility to alter issue size, bring in promoter contribution
 "Road to listing may get easier: Sebi expert panel for relaxing IPO norms")