Page 73 - Latest Updates on IPO
Veranda Learning IPO subscribed 1.31 times on second day of offer
The initial public offering of Veranda Learning Solutions Limited was subscribed 1.31 times on the second day of the offer on Wednesday.
 "Veranda Learning IPO subscribed 1.31 times on second day of offer")
Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record
54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said
 "Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record")
HMA Agro Industries files initial papers for Rs 480-crore IPO
Aryaman Financial Services is the book running lead manager for the IPO
 "HMA Agro Industries files initial papers for Rs 480-crore IPO")
Yatra Online files IPO papers with Sebi to raise 750 crore
Yatra also announced the appointments of Rohit Bhasin, Deepa Misra Harris and former bureaucrat Ajay Narayan Jha as non-executive independent directors
Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr
At present, the company generates over 90 per cent of its revenues from southern states.
 "Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr")
Jewellery chain Joyalukkas India files DRHP for Rs 2,300-crore IPO
Joyalukkas clocked a profit of Rs 471.75 crore in FY21 as against Rs 40.71 crore in the year-ago period
Travel services provider Yatra Online Ltd files preliminary papers for IPO
According to the Draft Red Herring Prospectus (DRHP), the company plans to utilise the net proceeds from the fresh issue for strategic investments, acquisitions and inorganic growth
 "Travel services provider Yatra Online Ltd files preliminary papers for IPO")
PKH Ventures files draft papers for IPO with Sebi
The public issue comprises fresh issuance of 1.826 crore equity shares and an Offer For Sale (OFS) of 0.983 crore shares by its promoter, according to the Draft Red Herring Prospectus (DRHP)
KN Agri IPO subscribed 2.4 times on Day-1, issue closes Thursday
Firm seeks to raise Rs 50 cr; shares will get listed on NSE Emerge platform, which caters to SMEs; IPO price band is Rs 71-75
 "KN Agri IPO subscribed 2.4 times on Day-1, issue closes Thursday")
Govt planning mega LIC IPO by mid-May after markets calm down: Report
A market volatility index for India around 15 will be a comfortable level for the government to launch the IPO, says a source
 "Govt planning mega LIC IPO by mid-May after markets calm down: Report")
Rainbow Children's Medicare, eMudhra get Sebi's go-ahead to float IPOs
The IPO of eMudhra consists of fresh issuance of equity shares worth Rs 200 crore and an OFS of 85.1 lakh shares by promoters and existing shareholders, draft papers showed
 "Rainbow Children's Medicare, eMudhra get Sebi's go-ahead to float IPOs")
Sachin Bansal's Navi Technologies files draft papers for Rs 3,350-cr IPO
The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus (DRHP)
 "Sachin Bansal's Navi Technologies files draft papers for Rs 3,350-cr IPO")
Edtech firm Unacademy eyeing IPO in next few years, says co-founder
Unacademy Group co-founder and CEO Gaurav Munjal also said the company is looking to expand its Relevel division -- which is a test platform for private jobs -- to global markets
 "Edtech firm Unacademy eyeing IPO in next few years, says co-founder")
Sebi tightens IPO valuation scrutiny, jolts startups eyeing listing: Report
Sebi probing IPO-bound firms on non-financial metrics, says report; the push comes after Paytm's IPO debacle
Noida-based EbixCash files DRHP for Rs 6,000 cr IPO of fresh shares
The company may also consider raising further equity including a rights issue of up to Rs 1,200 crore. If this placement is completed, the fresh issue size will be reduced
 "Noida-based EbixCash files DRHP for Rs 6,000 cr IPO of fresh shares")
Ebixcash files draft papers with Sebi for Rs 6,000-cr IPO
Proceeds of the IPO will be used for funding the working capital requirements of the company's subsidiaries -- Ebix Travels and EbixCash World Money
 "Ebixcash files draft papers with Sebi for Rs 6,000-cr IPO")
IPO-bound Mobikwik posts first-ever profit in Dec 2021 quarter: Co-founder
IPO-bound fintech firm Mobikwik became profitable in the December 2021 quarter and expects to close the current financial year with almost two times growth in revenue, a top company official has said
 "IPO-bound Mobikwik posts first-ever profit in Dec 2021 quarter: Co-founder")
Sebi raises investment limit via UPI to Rs 5 lakh for retail investors
The new framework will be applicable to public issues of debt securities which open on or after May 1, 2022, the Securities and Exchange Board of India (Sebi) said in a circular
Suraj Estate Developers files IPO papers with Sebi to raise Rs 500 cr
Suraj Estate Developers Ltd has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 500 crore through an initial public offering (IPO).
Hexagon Nutrition gets Sebi's nod to garner Rs 600-cr via IPO
Hexagon Nutrition, which filed preliminary IPO papers with Sebi in December 2021, obtained its observations letter on March 4 2022, an update with the regulator showed on Monday