Page 79 - Latest Updates on IPO
Arab world's first football team to go public seeks $8.6 million
The company is seeking to sell a more than 60 per cent stake and expects a market capitalisation of 200 million pounds
 "Arab world's first football team to go public seeks $8.6 million")
Nykaa, Paytm: Recent IPOs down 48% from 52-week high. Should you buy any?
Calendar year 2021 (CY21) was one of the most remarkable years for the primary markets where nearly Rs 1.2 trillion was mopped up till early December by 66 companies
 "Nykaa, Paytm: Recent IPOs down 48% from 52-week high. Should you buy any?")
Footwear retailer Metro Brands' shares decline over 1% in debut trade
The shares of footwear retailer Metro Brands on Wednesday listed with a discount of nearly 13 per cent from the issue price of Rs 500 and settled over 1 per cent lower
 "Footwear retailer Metro Brands' shares decline over 1% in debut trade")
Husband-and-wife team worth Rs 4,400 cr after MapmyIndia's market debut
Rakesh, 71, and Rashmi, 65, started their company in the mid-1990s, when businesses had little interest in buying mapping data
 "Husband-and-wife team worth Rs 4,400 cr after MapmyIndia's market debut")
Online travel aggregator ixigo gets Sebi nod for Rs 1,600-crore IPO
According to sources, the firm is expected to list early next year.
 "Online travel aggregator ixigo gets Sebi nod for Rs 1,600-crore IPO")
Shriram Properties shares tumble more than 16% in debut trade
Shriram Properties' initial share sale got subscribed 4.60 times on the final day of the offering earlier this month
 "Shriram Properties shares tumble more than 16% in debut trade")
Ixigo, Sahajanand Medical Technologies, Keventer Agro get Sebi nod for IPOs
These three companies, which filed their preliminary IPO papers with Sebi between August and September, obtained observation letter from the regulator during December 16-17
Cash will always grow, is linked to economic growth: CMS Info Systems chief
In a Q&A, executive vice chairman & CEO Rajiv Kaul dwells on the firm's business structure, growth plans and the future of the ATM industry
 "Cash will always grow, is linked to economic growth: CMS Info Systems chief")
Ola raises $500-mn term loan, in talks to raise $1 bn at $7.5-bn valuation
IPO-bound firm is likely to use the loan to fuel its vision for future of mobility across businesses including ride-hailing, vehicle commerce, delivery with foods, quick commerce & financial services
 "Ola raises $500-mn term loan, in talks to raise $1 bn at $7.5-bn valuation")
Data Patterns IPO subscribed 120 times, generates Rs 50,000 cr in bids
QIB portion subscribed 186 times, HNI by 260 times, and retail by 23.6 times
 "Data Patterns IPO subscribed 120 times, generates Rs 50,000 cr in bids")
API manufacturer Supriya Lifescience's Rs 700-crore IPO reasonably priced
Growth prospects and scope for margin expansion are other triggers, say brokerages
Hospitality industry body urges Sebi again to suspend OYO's IPO process
The body had earlier urged Sebi to suspend OYO's IPO process, drawing attention to alleged irregularities, such as being engaged in anti-competitive business practice
 "Hospitality industry body urges Sebi again to suspend OYO's IPO process")
Data Patterns IPO subscribed 7.7 times on day 2
The price band for the IPO is Rs 555-Rs 585 per share.
Medplus' Rs 1,398 crore IPO subscribed 52.6x on strong QIB interest
Through the IPO, Medplus raised Rs 600 crore in fresh capital. The remaining Rs 798 crore was an OFS
 "Medplus' Rs 1,398 crore IPO subscribed 52.6x on strong QIB interest")
SBI MF's Rs 7,000-cr IPO likely in Q1FY23; eyes valuations of Rs 70,000 cr
JV partners SBI, Amundi to divest 6% and 4%, respectively
 "SBI MF's Rs 7,000-cr IPO likely in Q1FY23; eyes valuations of Rs 70,000 cr")
Communication eqpt maker HFCL raises Rs 600 cr fresh funds via QIP route
Medplus Health IPO subscribed 1.5x on penultimate day; Data Patterns subscribed 3.3x on opening
Metro Brands IPO subscribed 3.6 times last day on Institutional interest
The company had priced its Rs 1,367-crore IPO at Rs 485-500 a share; offer consisted of a fresh issue of Rs 295 cr and Rs 1,072 cr OFS
Amazon-backed More Retail considering IPO to raise up to $500 mn: Report
Witzig Advisory Services Pvt, owned by Amazon and Samara Capital Partners, acquired More Retail in 2019 from Kumar Mangalam Birla's Aditya Birla Group
 "Amazon-backed More Retail considering IPO to raise up to $500 mn: Report")
MapmyIndia IPO subscribed whopping 154.71 times
The company is backed by global wireless technologies company Qualcomm and Japanese digital mapping firm Zenrin
 "MapmyIndia IPO subscribed whopping 154.71 times")
Nupur Recyclers IPO subscribed fully on Day 1
The initial public offering (IPO) of Nupur Recyclers was fully subscribed on the first day of the issue on Monday.