Sebi's planned move could upend Rs 30,000-crore broking industry
Regulator not against algo trading but businesses 'cannot be a black box', she says
Go Digit had filed preliminary IPO papers with the capital markets regulator on August 17.
Continuing with its consultative approach, the markets regulator, over the past one year has floated a number of discussion papers in areas such as IPO pricing, retail algo, and pricing of share sales
The IPO will comprise fresh issuance of equity shares worth Rs 370 cr and an offer-for-sale of equity stocks aggregating to Rs 370 cr by promoter Inox Wind, according to the DRHP
Porsche isn't alone in scaling back valuation targets, with Intel Corp. lowering expectations for its Mobileye IPO
The offer for sale is expected to be anywhere between Rs 5000-5500 crore, say sources
The offered price per share of just under $177 gave the company an implied valuation of $300 billion
Enthused by the 40% grey market premium, investors have placed bids worth more than Rs 40,000 crore on the offer
TMB's IPO was subscribed 2.86 times on the last day of subscription
The institutional investor portion was subscribed 0.06 times, the high net worth individual (HNI) portion by 5.8 times
Is against dictating IPO pricing; calls for greater disclosures and transparency
She added that there needs to be more disclosures by companies on how valuations have changed between a pre-initial public offering (IPO) placement and the price which is being asked for in the issue
Many are beefing up their investment banking teams and pitching for deals which otherwise would have gone to larger banks
The firm provides digital-first distribution of personal loans, home loans and health insurance to customers without the need of physical infra
Fresh fund raise Rs 455 crore, secondary share sale Rs 300 crore; company eyeing Rs 3,000 crore valuation; firm makes brass, steel and polyamide cages and stamped components
Harsha Engineers International, manufacturer of precision bearing cages, on Friday said it has fixed a price band of Rs 314-330 per share for its Rs 755-crore initial public offering (IPO).
Hem Securities Ltd is the sole book-running lead managers to the issue. The equity shares of the company will be listed on the BSE and NSE
Response muted when compared to previous two IPOs; Lender to issue 15.84 million fresh shares via offering
The offering could value Porsche at between 60 billion euros and €85 billion, equivalent to between $59.8 and $84.6 billion, according to analyst estimates