Page 47 - Latest Updates on IPO
Instacart valuation zooms above $14 billion after stock pops 43% in debut
The IPO gave Instacart a valuation of nearly $9.9 billion, a fraction of the $39 billion it was worth in 2021, the company's last funding round
 "Instacart valuation zooms above $14 billion after stock pops 43% in debut")
Domestic mutual funds anchoring more listings as issue sizes shrink
Have subscribed to shares worth Rs 2,850 cr as 'cornerstone investors' in 20 IPOs so far in FY24
 "Domestic mutual funds anchoring more listings as issue sizes shrink")
R R Kabel to list on Wed, become 1st to debut within 2 days of IPO closure
Capital markets regulator Sebi in August halved the timeline for listing of shares on stock exchanges after the closure of IPOs to three days (T+3) from six days (T+6)
OYO's growth 'incredibly strong', can't give timeline for IPO: Troy Alstead
Profitability 'starting point' ensure growth, says independent director of hospitality major
 "OYO's growth 'incredibly strong', can't give timeline for IPO: Troy Alstead")
Zaggle Prepaid IPO subscribed 12.57 times on last day of subscription
The initial share sale got bids for 24,28,83,090 shares against 1,93,26,761 shares on offer, according to data available with the NSE
Ebanx to integrate India's UPI payments later this year, US IPO in works
Since its founding in 2012, Curitiba-based Ebanx has focused on cross-border transactions for clients like Spotify Technology SA, Airbnb Inc. and Alibaba Group Holding Ltd
 "Ebanx to integrate India's UPI payments later this year, US IPO in works")
Yatra Online IPO receives 30% subscription on second day of bidding
The Rs 775-crore IPO received bids for 94,27,005 shares against 3,09,42,356 shares on offer, according to NSE data
RR Kabel subscribed 19x; Lukewarm response for Samhi Hotels & more
Fintech player Zaggle Prepaid Ocean Services' initial public offering (IPO) received 43 per cent subscription on the second day of bidding
 "RR Kabel subscribed 19x; Lukewarm response for Samhi Hotels & more")
SoftBank left millions on the table to engineer a win for Masayoshi Son
as he and other top executives met with bankers to plot this week's initial public offering for Arm Holdings Plc, the focus was making sure the sale would go off without a hitch
 "SoftBank left millions on the table to engineer a win for Masayoshi Son")
Weekend Bites: FM's wish, 15 yrs since Lehman fell, Taper Tantrum, Apple
In which we munch over the week's platter of news and views
 "Weekend Bites: FM's wish, 15 yrs since Lehman fell, Taper Tantrum, Apple")
R R Kabel's Rs 1,964 cr IPO subscribed 18.69 times on final day of bidding
The Rs 1,964-crore Initial Public Offering (IPO) received bids for 24,88,98,328 shares against 1,33,17,737 shares on offer, as per NSE data
Yatra Online's Rs 775 crore IPO subscribed 11% on first day of bidding
The category for retail individual investors received 55 per cent subscription while the quota for non-institutional investors got subscribed 3 per cent
RR Kabel IPO subscribed 1.4 times, Lukewarm response for Zaggle Prepaid
The initial public offering (IPO) of RR Kabel was subscribed 1.4 times on Thursday, the second day of the issue. The IPO of Zaggle Prepais Ocean Services was subscribed 19 per cent
 "RR Kabel IPO subscribed 1.4 times, Lukewarm response for Zaggle Prepaid")
Wires maker R R Kabel IPO subscribed 1.39 times on Day 2 of bidding
The Rs 1,964 crore IPO received bids for 1,85,71,364 shares against 1,33,17,737 shares on offer, as per NSE data
SoftBank-backed Arm raises $4.87 billion in biggest IPO of the year
At the IPO price, Arm is valued at about $54.5 billion, according to Bloomberg News calculations. Underwriters have the option of buying as many as 7 million additional shares
 "SoftBank-backed Arm raises $4.87 billion in biggest IPO of the year")
Over Rs 7,000 crore IPOs on launchpad as Nifty50 crosses 20,000 mark
Those missing the launch window will have to file updated DRHPs
 "Over Rs 7,000 crore IPOs on launchpad as Nifty50 crosses 20,000 mark")
RR Kabel IPO subscribed 25% on day 1, price band at Rs 983 to Rs 1,035
The fresh issue component of the IPO is only Rs 180 crore and the remaining is secondary share sale by promoters and TPG
Wire maker R R Kabel IPO subscribed by 25% on first day of bidding
The Initial Public Offer (IPO) of wires and cables manufacturer R R Kabel Limited was subscribed 25 per cent on the first day of bidding on Wednesday.
RR Kabel IPO off to slow start on Day 1; Should you subscribe?
The company plans to raise up to Rs 1,964 crore from its maiden share sale in the price band of Rs 983 - Rs 1,035. Offer closes on Friday.
 "RR Kabel IPO off to slow start on Day 1; Should you subscribe?")
Updater Services receives Sebi's approval to go-ahead to float IPO
Integrated facilities management company Updater Services Ltd has received capital markets regulator Sebi's approval to raise funds through an initial public offering (IPO)
 "Updater Services receives Sebi's approval to go-ahead to float IPO")