Page 81 - Latest Updates on IPO
Shriram Properties fixes IPO price band at Rs 113-118 per share
The three-day initial public offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7
 "Shriram Properties fixes IPO price band at Rs 113-118 per share")
Ahead of IPO, LIC lowers net NPA to 0.05%, improves asset quality
Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021.
 "Ahead of IPO, LIC lowers net NPA to 0.05%, improves asset quality")
Tega Industries subscribed 219 times, becomes 6th most subscribed IPO
At the top end, the company is valued at about 22 times its financial year 2020-21 (FY21) earnings
Tega Industries IPO subscribed 219 times, generated bids worth Rs 95,000 cr
Retail portion subscribed 29 times, HNI 666 times and institutional investor 216 times
Will there be a Santa Claus rally this December?
We have seen the market logging gains in the last two Decembers. Will it make a hat-trick of rallies or will the Omicron threat prevail this December? Let's find out what market experts expect
 "Will there be a Santa Claus rally this December?")
BSE stock soars 16% to end at Rs 1,912 on NSE IPO buzz; MCX adds 5%
Market players expect NSE's valuation to be around the Rs 2 trillion mark. They feel the exchange's IPO could lead to sharp re-rating in shares of BSE and MCX
 "BSE stock soars 16% to end at Rs 1,912 on NSE IPO buzz; MCX adds 5%")
Star Health's IPO scrapes through as investment bankers prune OFS component
The Rs 7,240-cr issue received just 79% subscription before I-bankers stepped in
 "Star Health's IPO scrapes through as investment bankers prune OFS component")
Tega Industries IPO subscribed 13.5x on day-2 on HNI, retail interest
Anand Rathi Wealth IPO subscribed 1.5 times on opening day
Hospitality SaaS company Rategain aims to mop up Rs 1,300 cr via IPO
Hopes to regain pre-Covid level of $60 million ARR in FY22
Tega Industries IPO subscribed 4.7 times on Day-1 on retail interest
Price band Rs 443-453 per share. At the top-end, company is valued at about 22x it FY21 earnings and will have a market cap of Rs 3,000 cr
 "Tega Industries IPO subscribed 4.7 times on Day-1 on retail interest")
Star Health IPO struggles to get subscribed, mops up only 20% by Day-2 end
Not even a single domestic institutional investor has applied for the IPO so far, data disclosed by stock exchanges shows
 "Star Health IPO struggles to get subscribed, mops up only 20% by Day-2 end")
LIC asks its policyholders to update PAN details for participation in IPO
As per the proposed plan, up to 10 per cent of the LIC IPO issue size would be reserved for policyholders
Ahead of IPO, Anand Rathi Wealth raises Rs 194 cr from anchor investors
The company has decided to allocate 35.25 lakh equity shares to 12 anchor investors at Rs 550 apiece, valuing the transaction size at Rs 194 crore
Decoded: Primary and secondary markets in a nutshell
The listing of Paytm and Nykaa in the primary market made a lot of news recently due to Paytm's poor showing and Nykaa's success. Let's find out what are primary and secondary markets.
 "Decoded: Primary and secondary markets in a nutshell")
Star Health's Rs 7,250 crore IPO subscribed 12% on Day-1
Offer closes on Thursday. IPO is the third-biggest this year and 8th biggest ever to hit domestic market
Go Fashion gains 82% on debut after IPO is oversubscribed 135 times
Shares touch a high of Rs 1,341 over offer price of Rs 690 before settling at Rs 1,253
 "Go Fashion gains 82% on debut after IPO is oversubscribed 135 times")
SoftBank-backed Snapdeal targets $250-mn IPO in early 2022: Report
Snapdeal would become the largest tech company to test investors' appetite for IPOs after the disastrous debut of Paytm's parent, One 97 Communications Ltd
 "SoftBank-backed Snapdeal targets $250-mn IPO in early 2022: Report")
Brokerages give thumbs up to Rakesh Jhunjhunwala-backed Star Health's IPO
Say it stands to benefit as market leader in health space, but risk of fresh Covid wave may weigh on profitability
 "Brokerages give thumbs up to Rakesh Jhunjhunwala-backed Star Health's IPO")
Anand Rathi prices IPO at Rs 530-550 a share; size Rs 660 cr at upper end
The IPO is entirely an offer for sale of 12 million shares; promoter entities Anand Rathi Financial Services, Anand Rathi and Amit Rathi are selling
 "Anand Rathi prices IPO at Rs 530-550 a share; size Rs 660 cr at upper end")
Top headlines: Sebi chief speaks on IPO valuations; Omicron spreads
Slice, a credit-card startup targeting young consumers, raised $220 million to become India's latest unicorn. More on that story in our top headlines.
 "Top headlines: Sebi chief speaks on IPO valuations; Omicron spreads")