Page 8 - Latest Updates on IPO
Glottis IPO receives over two times subscription on final day of bidding
Glottis on Friday said it has mobilised a little over ₹55 crore from anchor investors
 "Glottis IPO receives over two times subscription on final day of bidding")
LG Electronics India seeks $8.7 billion valuation in October IPO
LG Electronics India Ltd. got regulatory approval for its updated draft red herring prospectus on Thursday and filed the final version on Tuesday
 "LG Electronics India seeks $8.7 billion valuation in October IPO")
LG Electronics India to launch its ₹15,000 crore IPO on October 7
This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India Ltd in October last year
 "LG Electronics India to launch its ₹15,000 crore IPO on October 7")
OYO-owned Innov8 revenue jumps 58% to ₹38 crore in June quarter
Innov8 attributed the growth in revenue to an improvement in average monthly membership revenue (AMMR) per seat, which increased by 21 per cent year-on-year to ₹10,000
 "OYO-owned Innov8 revenue jumps 58% to ₹38 crore in June quarter")
Tata Investment shares up for 3rd day on heavy volumes, zoom 32% in 6 days
Shares of Tata Investment Corporation hit a new high of ₹9,596.75, surging 9 per cent on the BSE in Tuesday's intra-day trade in an otherwise subdued market.
 "Tata Investment shares up for 3rd day on heavy volumes, zoom 32% in 6 days")
Want more retail investors in Tata Capital story: MD & CEO Rajiv Sabharwal
Sabharwal noted that they have been in regular communication with the regulator, and the RBI has granted its consent for the slight delay
 "Want more retail investors in Tata Capital story: MD & CEO Rajiv Sabharwal")
Fabtech Technologies IPO receives 70% subscription on first day of issue
Fabtech Technologies has fixed a price band of Rs 181-191 per share for its Rs 230-crore initial public offering (IPO)
PayNearby plans to raise funds via IPO in FY27, says CEO Anand Kumar Bajaj
"We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," he said
 "PayNearby plans to raise funds via IPO in FY27, says CEO Anand Kumar Bajaj")
Tata Capital IPO to open October 6, anchor investor bids from October 3
Tata Capital filed its red herring prospectus with Sebi for an IPO opening October 6 and closing October 8, with anchor investor subscriptions beginning October 3
 "Tata Capital IPO to open October 6, anchor investor bids from October 3")
Curefoods secures ₹160 crore pre-IPO placement from 3State Ventures
Curefoods allots 12.8 million equity shares at Rs 124 each to Binny Bansal's 3State Ventures in a pre-IPO placement, ahead of its Rs 800 crore fresh issue and OFS under SEBI norms
 "Curefoods secures ₹160 crore pre-IPO placement from 3State Ventures")
Tata Capital's IPO likely to hit market in the first half of October
Tata Capital is set to launch its IPO in October to raise Rs 16,500-17,500 crore, providing growth capital for 2-3 years as Tata group stake declines to 86.5% post issue
 "Tata Capital's IPO likely to hit market in the first half of October")
Anand Rathi Share and Stock Brokers IPO fully subscribed on Day Two
Anand Rathi Share and Stock Brokers on Monday announced raising a little over ₹220 crore from anchor investors
 "Anand Rathi Share and Stock Brokers IPO fully subscribed on Day Two")
Jain Resource Recycling IPO receives 73% subscription on day one
The Tamil Nadu-based company's IPO has a fresh issue of equity shares aggregating to ₹500 crore and an offer for sale (OFS) valued at ₹750 crore
 "Jain Resource Recycling IPO receives 73% subscription on day one")
GK Energy's ₹464-crore IPO gets 89.62 times subscription by final day
GK Energy on Thursday said it has collected over Rs 139 crore from anchor investors
 "GK Energy's ₹464-crore IPO gets 89.62 times subscription by final day")
Jaro Education IPO receives 87% subscription on first day of share sale
Jaro Institute of Technology Management and Research on Monday said it mopped up Rs 135 crore from anchor investors
 "Jaro Education IPO receives 87% subscription on first day of share sale")
Solarworld Energy raises ₹220.5 cr from anchor investors ahead of IPO
The ₹490-crore initial public offering (IPO) will open for subscription on September 23 and conclude on September 25. The price band has been fixed in the range of ₹333 to ₹351 per share
GK Energy IPO worth ₹464 cr sees 6.41 times subscription on day two
The ₹464-crore IPO will conclude on Tuesday. The price band has been fixed at ₹145-153 per share
Atlanta Electricals IPO subscribed 97% on the first day of bidding
The categories for Qualified Institutional Buyers (QIBs) and non-institutional investors got full subscription. Retail Individual Investors (RIIs) quota got subscribed 95%
PhonePe posts 40% revenue surge, turns free cash flow positive ahead of IPO
Fintech firm crosses Rs 7,000 crore in revenue as adjusted EBITDA and PAT soar; diversification into lending and broking fuels growth momentum
 "PhonePe posts 40% revenue surge, turns free cash flow positive ahead of IPO")
Mutual funds leave insurance companies in the shade on anchor allotments
Insurance participation in IPOs has risen but MF allocations have grown even faster
 "Mutual funds leave insurance companies in the shade on anchor allotments")