Page 76 - Latest Updates on IPO
Centre extends tenure of IPO-bound LIC's chairman by one more year
The government has extended the tenure of chairman of IPO-bound LIC by one more year with a view to facilitate smooth listing of the insurance behemoth, sources said.
 "Centre extends tenure of IPO-bound LIC's chairman by one more year")
Manyavar owner Vedant Fashions sets IPO price band at Rs 824-866 per share
The initial share-sale will open on February 4 and conclude on February 8
 "Manyavar owner Vedant Fashions sets IPO price band at Rs 824-866 per share")
Adani Wilmar IPO subscribed 1.13 times on the second day of offering
The IPO of up to Rs 3,600 crore is in a price range of Rs 218-230 per share
Adani Wilmar plans to buy local food brands with funds from upcoming IPO
Small part of proceeds will also go towards expanding its edible oil capacity in eastern India, where its capacity utilisation is high and the market is growing at a fast pace
 "Adani Wilmar plans to buy local food brands with funds from upcoming IPO")
Centre seeks regulatory fast track for LIC ahead of India's largest IPO
How successful any LIC stock sale will be, however, remains an open question
 "Centre seeks regulatory fast track for LIC ahead of India's largest IPO")
Sensex falls 884 pts from day's high, ends 77 pts down; Nifty holds 17,100
For the week, the Sensex and the Nifty indices are down 3% each
 "Sensex falls 884 pts from day's high, ends 77 pts down; Nifty holds 17,100")
China halts several IPO plans as it investigates underwriter, law firm
Exchange disclosures showed 12 plans in Shanghai's tech-heavy STAR Market and 48 in Shenzhen's start-up market ChiNext were suspended
 "China halts several IPO plans as it investigates underwriter, law firm")
BoAt-owner Imagine Marketing files papers for Rs 2,000-crore IPO
Imagine Marketing, owner of consumer electronics brand BoAt, has filed a preliminary prospectus with capital markets regulator Sebi to raise Rs 2,000 crore through an initial public offering (IPO).
 "BoAt-owner Imagine Marketing files papers for Rs 2,000-crore IPO")
Adani Wilmar IPO gets 57% retail subscription on Day-1
Institutional portion subscribed 30%, HNI 54% and retail quota 96%
Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100
Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each
 "Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100")
Can you make a fortune in Adani Wilmar IPO? What brokerages say
The IPO in the price band of Rs 218 to Rs 230 per share will be open for subscription from January 27 to January 31.
 "Can you make a fortune in Adani Wilmar IPO? What brokerages say")
Adani Wilmar Rs 3,600-cr IPO opens tomorrow: Price band, other details
The IPO comprises fresh issuance of about 15.65 crore shares worth Rs 3,600 cr and the entire proceeds will go to the company.
LIC's net profit zooms to Rs 1,437 crore in H1FY22 ahead of IPO
The government is expected to mop up around Rs 1 trillion from LIC's IPO
 "LIC's net profit zooms to Rs 1,437 crore in H1FY22 ahead of IPO")
TVS SCS gears up for IPO; family settlement may get NCLAT nod in 6 weeks
TVS Supply Chain Solutions, the logistics arm of $8.5-bn TVS Group, will launch a Rs 3,000-cr IPO sometime in 2022-23
 "TVS SCS gears up for IPO; family settlement may get NCLAT nod in 6 weeks")
IPO-bound LIC's H1FY22 profit after tax surges to Rs 1,437 crore
Its new business premium growth rate stood at 554.1 per cent in H1FY22
 "IPO-bound LIC's H1FY22 profit after tax surges to Rs 1,437 crore")
IPO-bound OYO gets in-principle listing approval from BSE, NSE
Oravel Stays Limited, the parent company of travel-tech firm OYO, has received in-principle approval from BSE and NSE to list on the respective bourses, sources said.
 "IPO-bound OYO gets in-principle listing approval from BSE, NSE")
New-age stocks: Drop in trading volumes may be the first sign of bottoming
Fear of withdrawal of easy money and lack of profits will likely weigh on these counters in the near-term
 "New-age stocks: Drop in trading volumes may be the first sign of bottoming")
Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth
FMCG major Adani Wilmar has set aside Rs 450 crore from the share sale that opens later this week, to tap more acquisition-led growth opportunities primarily in its non-edible oils business.
 "Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth")
FabIndia plans Rs 4k-cr IPO; 750k shares to be given to artisans, farmers
FabIndia's two promoters intend to transfer 400,000 shares and 375,080 shares to certain artisans and farmers, respectively, subsequent to the filing of the DRHP
 "FabIndia plans Rs 4k-cr IPO; 750k shares to be given to artisans, farmers")
Centre to get cracking on IDBI Bank sale once LIC IPO is launched
With LIC IPO being top priority, other plans take back seat
 "Centre to get cracking on IDBI Bank sale once LIC IPO is launched")