Page 49 - Latest Updates on IPO
Shares of SBFC Finance gains 62% on trading debut, subscribed over 70 times
The company has 152 branches spread across 120 cities and 16 Indian states
 "Shares of SBFC Finance gains 62% on trading debut, subscribed over 70 times")
Fundraising through SME IPOs hits a new high in 2023, shows data
The SME segment is for smaller enterprises raising lower amounts, while the mainboard is for listing larger, more mature companies
 "Fundraising through SME IPOs hits a new high in 2023, shows data")
TVS Supply Chain IPO subscribed 2.8 times on last day of subscription
The company had earlier raised Rs 396 crore from 18 anchor investors
 "TVS Supply Chain IPO subscribed 2.8 times on last day of subscription")
Citi sells TaMo shares worth Rs 2,089 cr, TVS Supply Chain subscribed 55%
The price band for the TVS Supply Chain IPO is Rs 187 to Rs 197 per equity share
Satellite TV firm Tata Play reports Rs 105 cr loss in FY23, plans IPO
Investor sentiment for offering may dampen due to company's performance, says one banker
 "Satellite TV firm Tata Play reports Rs 105 cr loss in FY23, plans IPO")
Should you subscribe to TVS Supply Chain IPO? Here's what brokerages say
The objective of the issue is repayment of outstanding borrowings and general corporate purposes
 "Should you subscribe to TVS Supply Chain IPO? Here's what brokerages say")
TVS Supply Chain Solutions prepares for initial share sale: R Dinesh
The initial share sale comprises Rs 600 crore of fresh issue and Rs 280 crore sale by the promoters
 "TVS Supply Chain Solutions prepares for initial share sale: R Dinesh")
Amazon in talks to become anchor investor in SoftBank's Arm IPO: Report
Arm, owned by SoftBank Group Corp., is gearing up for what promises to be the biggest tech IPO of the year. It's spent months talking to some of its top customers about joining the offering
 "Amazon in talks to become anchor investor in SoftBank's Arm IPO: Report")
Apple, Samsung to invest in SoftBank's Arm at IPO in Sept: Report
Arm plans to sell the chipmakers stakes of "a few percent each", the report said
 "Apple, Samsung to invest in SoftBank's Arm at IPO in Sept: Report")
SBFC IPO subscribed 6.3x on day 2, Concord Biotech IPO over half covered
At the top end, SBFC will be valued at Rs 6,066 crore on a post-dilution basis
SBI Mutual Fund listing off the focus, says chairman Dinesh Khara
SBI first revealed its intentions to take the mutual fund subsidiary public on December 15, 2021, with the aim of raising $1 billion
 "SBI Mutual Fund listing off the focus, says chairman Dinesh Khara")
Sebi keeps in abeyance the proposed IPO sale of securities depository NSDL
Going by the draft papers, NSDL's proposed initial public offering (IPO) is a complete offer-for-sale (OFS) of more than 5.72 crore equity shares by existing shareholders
Aeroflex Industries gets Sebi's clearance to raise money through IPO
The OFS comprises sale of 1.23 crore shares by Sat Industries Ltd and up to 52 lakh shares by Italica Global FZC
 "Aeroflex Industries gets Sebi's clearance to raise money through IPO")
Jhunjhunwala-backed Concord Biotech eyes to raise Rs 1,550 cr through IPO
The late Rakesh Jhunjhunwala-backed firm sets price band of Rs 705-Rs 741 a share
Fedbank Financial Services to raise up to Rs 1,400 cr from IPO this year
Fedbank Financial Services is aiming to raise up to Rs 1,400 crore through an Initial Public Offering (IPO) by the end of 2023, a top official at its promoter entity Federal Bank has said
BankBazaar.com hopes to breakeven this fiscal, to file DRHP for IPO next yr
Post breakeven, the company would start the preparation for listing and hopes to file the Draft Red Herring Prospectus for initial public offering (IPO) in the next financial year
Yatharth Hospital IPO subscribed 36.16 times on last day of subscription
The IPO comprised a fresh issue aggregating up to Rs 490 crore and an offer for sale of up to 65,51,690 equity shares
Oriana Power IPO to open on Aug 1; fixes price band at Rs 115-118 per share
The IPO of Oriana Power will comprise 50.55 lakh equity shares with a face value of Rs 10 each
TVS Supply Chain Solutions gets Sebi's approval for launching IPO
It will be the first IPO by TVS family company in three decades, after TVS Electronic in 1994
 "TVS Supply Chain Solutions gets Sebi's approval for launching IPO")
Shri Techtex IPO to open on July 26; fixes price band at Rs 54-61/share
At the upper end of the price band, the issue plans to raise Rs 45.14 crore. The issue comprises a fresh issue of 74 lakh equity shares
 "Shri Techtex IPO to open on July 26; fixes price band at Rs 54-61/share")