Page 80 - Latest Updates on IPO
Emcure Pharmaceuticals gets Sebi's go-ahead to float IPO
Emcure Pharmaceuticals is engaged in developing, manufacturing and globally marketing a broad range of pharmaceutical products across several major therapeutic areas
 "Emcure Pharmaceuticals gets Sebi's go-ahead to float IPO")
Fino Payments Bank eyes 30-35% long-term revenue growth: MD Rishi Gupta
Gupta said Fino is a very differentiated payments bank compared to other fintech players in the market.
 "Fino Payments Bank eyes 30-35% long-term revenue growth: MD Rishi Gupta")
China's SenseTime Hong Kong IPO in limbo after US blacklisting: Report
SenseTime's addition to the US blacklist would prohibit US-based investors from buying its shares
 "China's SenseTime Hong Kong IPO in limbo after US blacklisting: Report")
Stay away from secondary IPOs, there's conflict of interest: Zomato's Goyal
The Zomato CEO also talked about an e-mail from Info Edge founder Sanjeev Bikhchandani on how the company should price its IPO
 "Stay away from secondary IPOs, there's conflict of interest: Zomato's Goyal")
Shriram Properties IPO closes with 4.6x subscription on retail push
The company had priced its IPO at Rs 113-118 a share. Offer consisted of a fresh issue of Rs 250 crore and an OFS of Rs 350 crore
 "Shriram Properties IPO closes with 4.6x subscription on retail push")
Star Health ends in green, albeit by a small margin, despite IPO drubbing
Stock ends at Rs 907, a gain of Rs 7 over issue price of Rs 900. Shares hit a high of Rs 940 and a low of Rs 827.5 on BSE
 "Star Health ends in green, albeit by a small margin, despite IPO drubbing")
Defence solutions major Data Patterns to raise Rs 588 crore via IPO
Open December 14-16 at a price band of Rs 555-585. IPO consists of fresh issue of Rs 240 crore and an OFS of Rs 348 crore, through which existing shareholders will offload 5.95 mn shares
RateGain Travel IPO subscribed 17.4 times on robust HNI interest
Wealthy investor portion was subscribed 42 times, while institutional and retail portions were oversold 8x each
 "RateGain Travel IPO subscribed 17.4 times on robust HNI interest")
Brazil's Nubank raises $2.6 billion in top-of-range US IPO
Nubank warned investors to brace for "short-term profit implications" from the firm's expansion push
 "Brazil's Nubank raises $2.6 billion in top-of-range US IPO")
Ola in talks to raise over $1 billion through equity, debt: Report
Ola co-founder Bhavish Aggarwal had earlier this year said the company -- which competes against US-based Uber -- is planning a public offering sometime in 2022 but has not yet set a date
 "Ola in talks to raise over $1 billion through equity, debt: Report")
TMS Ep60: Vaccine crunch, internet shutdowns, RBI policy, IPO lock-in
Will vaccine crunch hurt India's fight against Covid-19? Internet shutdowns bleeding Indian businesses? What RBI policy means to the markets? What's the new lock-in period for IPOs? All answers here
 "TMS Ep60: Vaccine crunch, internet shutdowns, RBI policy, IPO lock-in")
RateGain subscribed 75% on Day-2, bulk of bids from retail investors
Shriram properties get 89% subscription on opening day
 "RateGain subscribed 75% on Day-2, bulk of bids from retail investors")
Saudi stock exchange soars on debut after $1 billion IPO
The shares rose as much as 22% on Wednesday on bets that buoyant Middle East stock markets will attract more listings from private companies and cash from investors around the world
 "Saudi stock exchange soars on debut after $1 billion IPO")
Star Health cuts IPO size to about $848 mn after tepid subscription
Star Health has cut the size of its initial public offering (IPO) to 64 billion rupees ($848.02 million) from 72.49 billion rupees
 "Star Health cuts IPO size to about $848 mn after tepid subscription")
Rategain Travel IPO subscribed 41% on Day-1, retail portion by 2.23 times
A day earlier, the company had allotted nearly Rs 600 crore worth of shares to 34 anchor investors
Medplus Health's downsized IPO opens Monday at price band of Rs 780-796
In August, when the firm filed its offer document with Sebi, IPO size was pegged at Rs 1,638.7 cr. While the fresh issue portion remains the same, OFS portion has been reduced by Rs 240 cr
Intel to take its mobileye unit public in 2022 IPO; shares jump
Intel will remain the majority owner after the transaction
 "Intel to take its mobileye unit public in 2022 IPO; shares jump")
Anand Rathi Wealth IPO subscribed nearly 10x on strong HNI interest
Institutional portion saw only 2.5 times subscription. Overall, the IPO saw bids worth Rs 4,500 crore
Shriram Properties to raise Rs 600 cr via IPO, price band set at Rs 113-118
Proceeds to be used to retire debt; company to expand footprint in the south while steering clear of northern and western markets
Chip major Qualcomm to book 20X returns in MapmyIndia's Rs 1,040-cr IPO
The price band for the offer has been fixed at Rs 1,000 - Rs 1,033 per equity share
 "Chip major Qualcomm to book 20X returns in MapmyIndia's Rs 1,040-cr IPO")