Page 64 - Latest Updates on IPO
Vaibhav Jewellers files draft papers with Sebi to mop-up funds via IPO
Vaibhav Gems N' Jewellers Ltd, a leading regional jeweller brand in South India, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering
 "Vaibhav Jewellers files draft papers with Sebi to mop-up funds via IPO")
Tamilnad Bank IPO subscribed 1.5x on Day 2, issue closes Wednesday
The priced band for the IPO is Rs 500-525 per share
 "Tamilnad Bank IPO subscribed 1.5x on Day 2, issue closes Wednesday")
Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak
DreamFolks Services made a strong stock market debut as its shares got listed at Rs 508.70, a 56 per cent premium over its issue price of Rs 326 per share on the National Stock Exchange (NSE)
 "Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak")
Volkswagen AG seeks to defy market gloom going ahead with Porsche IPO
Volkswagen AG is planning the initial public offering at the end of September or beginning of October, subject to further developments in capital markets
 "Volkswagen AG seeks to defy market gloom going ahead with Porsche IPO")
Analysts say 'subscribe' to Tamilnad Mercantile Bank IPO: Read to know why
Tamilnad Mercantile Bank's dedicated customer base, strong financial track record, healthy asset quality and reasonable valuation make analysts bullish on its IPO
 "Analysts say 'subscribe' to Tamilnad Mercantile Bank IPO: Read to know why")
Banks could consolidate with NBFCs as valuations looking sensible: Girotra
'I feel more positive about the NBFC sector than I did in the last three years', said Manisha Girotra
 "Banks could consolidate with NBFCs as valuations looking sensible: Girotra")
Paytm shares drop over 6% after ED raid; Blue Jet Healthcare files for IPO
Its stock dropped to an intraday low of Rs 681.2 before closing at Rs 708.6, down 2.6 per cent over its previous day's close
 "Paytm shares drop over 6% after ED raid; Blue Jet Healthcare files for IPO")
Tamilnad Mercantile Bank IPO subscribed 0.8x on first day of issue
TMB is looking to issue 15.84 million fresh shares in the IPO. At the upper end of the price band, the bank will raise Rs 832 crore and will be valued at Rs 8,314 crore
Concord Enviro Systems gets SEBI go-ahead to raise funds through IPO
Concord Enviro Systems is an integrated solutions provider for industrial wastewater reuse and zero liquid discharge solutions, with an in-house position across the value chain
 "Concord Enviro Systems gets SEBI go-ahead to raise funds through IPO")
Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650
CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50
 "Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650")
Disney likely to offload 10% stake in Rs 3,200-crore Tata Play IPO
The aggressive push of DD Freedish by Prasar Bharati in the past five years has only compounded matters for private DTH players, experts say
 "Disney likely to offload 10% stake in Rs 3,200-crore Tata Play IPO")
SAT dismisses plea opposing Tamilnad Mercantile Bank's Rs 830 cr IPO
Three shareholders of TMB had sought a stay on the share sale, aggrieved by TMB's decision to drop the OFS component
 "SAT dismisses plea opposing Tamilnad Mercantile Bank's Rs 830 cr IPO")
Primary market revival is still some time away, say analysts
Inflation trajectory and the actions of global central banks, especially the US Fed will be keenly watched by market participants. In this backdrop, primary markets will remain in wait and watch mode
 "Primary market revival is still some time away, say analysts")
TMB sets price band of Rs 500-525 a share: IPO to open on September 5
Offer consists of fresh issue of 15.8 mn equity shares; bank is expected to raise Rs 832 crore at the upper end of the band; stock will start trading on Sept 15
 "TMB sets price band of Rs 500-525 a share: IPO to open on September 5")
Top headlines: TMB IPO to open on Sep 5; rupee sees biggest gain in 1 year
The Indian rupee notched its biggest one-day gain in a year on Tuesday against a wobbly dollar as local equities saw a rush of foreign investor inflows
 "Top headlines: TMB IPO to open on Sep 5; rupee sees biggest gain in 1 year")
SSBA Innovations scraps Rs 105-cr IPO plans; withdraws draft papers
SSBA Innovations, which runs tax portal TaxBuddy, has decided to withdraw its Rs 105 crore IPO
Prasol Chemicals gets Sebi's approval to raise Rs 800 crore via IPO
Specialty chemical company Prasol Chemicals has received capital markets regulator Sebi's go-ahead to raise as much as Rs 800 crore through an Initial Public Offering
DreamFolks Services IPO receives 6 times subscription on Day 2 of offer
The Initial Public Offer (IPO) of airport service aggregator DreamFolks Services received 6.09 times subscription on the second day of the offer on Thursday
 "DreamFolks Services IPO receives 6 times subscription on Day 2 of offer")
DreamFolks Services IPO is open for subscription, should you Subscribe?
The DreamFolks Services IPO saw strong demand from retail investors, with subscribtion of up to 8x the alloted quota. The HNI segment was also oversubscribed at the end of Day 1 of the offer period.
Top headlines:Nitish wins trust vote; DreamFolks IPO sails through on Day 1
Adani Green Energy Ltd., one of the seven listed units of Gautam Adani's ports-to-renewables empire, has seen its debt-to-equity ratio balloon to the second-highest in Asia
 "Top headlines:Nitish wins trust vote; DreamFolks IPO sails through on Day 1")