Page 50 - Latest Updates on IPO
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
 "Sebi keeps in abeyance the proposed IPO sale of securities depository NSDL")
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
 "Jhunjhunwala-backed Concord Biotech eyes to raise Rs 1,550 cr through IPO")
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
 "Fedbank Financial Services to raise up to Rs 1,400 cr from IPO this year")
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")
Foxconn's Bharat FIH rolls back plan to raise Rs 5,000 cr via IPO: Report
The decision has been taken due to weak smartphone market conditions and changes in the company's internal strategy
 "Foxconn's Bharat FIH rolls back plan to raise Rs 5,000 cr via IPO: Report")
Utkarsh Small Finance Bank makes solid debut with 60% listing gains
Shares of Utkarsh Small Finance Bank listed at Rs 40, a 60 per cent premium over its issue price of Rs 25 per share on the National Stock Exchange (NSE) on Friday
 "Utkarsh Small Finance Bank makes solid debut with 60% listing gains")
Definitely not listing this year, says boAt co-founder Gupta on IPO plans
"Maybe FY25-FY26 is what we're looking... We're not in a hurry to list," Gupta said
 "Definitely not listing this year, says boAt co-founder Gupta on IPO plans")
Netweb Technologies IPO subscribed 2.33 times on Day 1 of offer on Monday
Homegrown server maker Netweb Technologies had on Friday said it has collected Rs 189 crore from anchor investors
Top headlines: Ola advances plan for IPO, Govt's FDI push in space sector
Business Standard brings you the latest headlines at this hour
 "Top headlines: Ola advances plan for IPO, Govt's FDI push in space sector")
Ola Electric founder Bhavish advances plan for IPO as e-scooters take off
The company, whose backers include SoftBank Group Corp. and Tiger Global Management, has become leader in India's electric-scooter market with a 38% share
 "Ola Electric founder Bhavish advances plan for IPO as e-scooters take off")
Pen maker Flair Writing Industries files Rs 745-cr IPO papers with Sebi
The IPO comprises a fresh issue of equity shares aggregating up to Rs 365 crore and an offer-for-sale (OFS) of equity shares worth up to Rs 380 crore by promoters and promoter group entities
Utkarsh SFB's offer is second IPO to be subscribed over 100x in a fortnight
Sold 102 times, attracts bids over Rs 30,000 cr as institutional portion is subscribed 125x
Oriana Power plans to raise up to Rs 60 crore through IPO, says CEO
Oriana Power plans to come out with an Initial Public Offering (IPO) by the end of this month or early August to raise up to Rs 60 crore, its CEO Rupal Gupta said on Friday.
 "Oriana Power plans to raise up to Rs 60 crore through IPO, says CEO")
Homegrown server maker Netweb Technologies to float IPO on July 17
The initial share sale of homegrown server maker Netweb Technologies India will open on July 17 for public subscription