Page 49 - Latest Updates on IPO
Sewerage infra player EMS plans to float IPO in Sept to raise Rs 300-320 cr
In the pre-IPO placement round, the Ghaziabad-based firm issued 16 lakh equity shares at an issue price of Rs 211 apiece, the company said in a statement
 "Sewerage infra player EMS plans to float IPO in Sept to raise Rs 300-320 cr")
Jio Financial hits down limit for third day, Aeroflex subscribed 21 times
Market players expect the selling pressure to continue until the selling by passive funds is fully absorbed
 "Jio Financial hits down limit for third day, Aeroflex subscribed 21 times")
Heating equipment maker JNK India files draft papers with Sebi to float IPO
Those offloading shares in the OFS are of promoters -- Goutam Rampelli, Dipak Kacharulal Bharuka, JNK Heaters Co. Ltd. and Mascot Capital and Marketing Pvt Ltd. -- and shareholder Milind Joshi
TVS Supply Chain shares settle 2% higher than issue price in debut trade
The stock was listed at Rs 206.30, up 4.72 per cent from the issue price on the BSE. During the day, it jumped 5.83 per cent to Rs 208.50
 "TVS Supply Chain shares settle 2% higher than issue price in debut trade")
Stationery maker Doms files draft papers for $145 mn IPO with Sebi
Milan-listed FILA Fabbrica Italiana Lapis ed Affini SpA, which holds a 51% stake in the company, is selling shares worth Rs 800 cr
 "Stationery maker Doms files draft papers for $145 mn IPO with Sebi")
Aeroflex Industries IPO subscribed 6.69 times on first day of offer
The IPO has a fresh issue of up to Rs 162 crore and an offer for sale of up to 1.75 crore equity shares
 "Aeroflex Industries IPO subscribed 6.69 times on first day of offer")
Fintech firm Zaggle garners Rs 25 cr from ValueQuest in pre-IPO round
Zaggle filed its draft papers with capital markets regulator Sebi in December 2022 to raise funds through an IPO
 "Fintech firm Zaggle garners Rs 25 cr from ValueQuest in pre-IPO round")
Aeroflex Industries garners Rs 104 cr from anchor investors ahead of IPO
The company has decided to allocate 95.99 lakh equity shares to 15 funds at Rs 108 apiece, which is also the upper end of the price band, according to a circular uploaded on the BSE website
Shares of Concord Biotech ends 27% higher in debut at $1 bn valuation
The Ahmedabad, Gujarat-based company opened at 900.05 rupees, a 21.5% premium to its initial public offer (IPO) price of 741 rupees
Happy Forgings files IPO papers to raise Rs 1,200-1,300 cr with Sebi
Also, the company may consider a pre-IPO placement of shares aggregating up to Rs 100 crore. If such placement is completed, the fresh issue size will be reduced
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
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
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