Page 84 - Latest Updates on IPO
Markets still offer opportunities for long-term investors: Experts at BFSI
Leading money managers also warn of risks emanating from external factors besides frothy valuations in certain pockets in the domestic market
 "Markets still offer opportunities for long-term investors: Experts at BFSI")
Sapphire Foods subscribed 49% on Day-1 on strong retail interest
Sapphire Foods is one of Yum's franchisee operators in the Indian subcontinent; it runs KFC, Pizza Hut and Taco Bell outlets
 "Sapphire Foods subscribed 49% on Day-1 on strong retail interest")
Paytm IPO half covered on Day-2 on interest from retail investors
The firm is eyeing bids worth at least Rs 5,000 cr on the final day. While most bids in any IPO come on the last day, the response so far is nevertheless subdued, said market watchers
 "Paytm IPO half covered on Day-2 on interest from retail investors")
Paytm's Rs 18,300 crore IPO subscribed 18% on Day-1
Some brokerages like Marwadi Financial Services have sounded caution
 "Paytm's Rs 18,300 crore IPO subscribed 18% on Day-1")
Overseas funds seek relaxations in IPO payment rules from Sebi
Current framework restrictive, impacting capital allocation, FPIs tell regulator
 "Overseas funds seek relaxations in IPO payment rules from Sebi")
Latent View Analytics IPO opens Nov 10; price band at Rs 190-197 a share
Latent will use the fresh issue proceeds for inorganic growth initiatives and for investment in its subsidiaries to augment its capital base
 "Latent View Analytics IPO opens Nov 10; price band at Rs 190-197 a share")
PolicyBazaar IPO subscribed 16.6x
SJS Enterprises' offering just about managed to scrape, while Sigachi Industries was subscribed 71x
Nykaa's Rs 5,300-crore IPO sees strong interest; subscribed 82x
This is the second-biggest IPO since that of food delivery start-up Zomato's, the first by an Indian unicorn.
 "Nykaa's Rs 5,300-crore IPO sees strong interest; subscribed 82x")
Top headlines: Oct GST collection second highest ever; auto sales skid
Maruti Suzuki and Hyundai report a double-digit drop in sales in October as auto firms struggle to get computer chips for their vehicles. More in our top headlines.
 "Top headlines: Oct GST collection second highest ever; auto sales skid")
Capital Small Finance Bank files paperwork with Sebi to raise funds via IPO
The small finance bank (SFB) proposes to utilise net proceed from the fresh issue towards augmentation of the bank's Tier-I capital base to meet the future capital requirements
Beauty platform Purplle plans to go for IPO in about 4 years from now
E-commerce firm Purplle, which deals in beauty and personal care products, is planning to go for an IPO in 3-4 years after scaling up business with a target growth of around 80 per cent year-on-year.
 "Beauty platform Purplle plans to go for IPO in about 4 years from now")
Prudent Corporate Advisory Services plans to float IPO in November
Retail wealth management firm Prudent Corporate Advisory Services is planning to launch its IPO in the second half of November that will see private equity firm TA Associates making partial exit.
Nykaa's Rs 5,352 cr IPO subscribed 5x; Fino Payments Bank garners 51%
Brokerages bullish on Nykaa given the firm's high growth potential
 "Nykaa's Rs 5,352 cr IPO subscribed 5x; Fino Payments Bank garners 51%")
Nykaa IPO subscribed 1.6x on Day 1 on strong retail investor support
Institutional category subscribed 1.4x, retail quota 3.5x while HNI portion was subscribed 60%; issue closes Monday
 "Nykaa IPO subscribed 1.6x on Day 1 on strong retail investor support")
Paytm pegs IPO at $20 bn valuation, Vijay Sharma says life to become QSQT
Paytm plans to have "100 per cent flexible" working for its employees "for good", according to Sharma
 "Paytm pegs IPO at $20 bn valuation, Vijay Sharma says life to become QSQT")
Nykaa IPO: Brokerages recommend subscribing, but cite valuation concern
The much-awaited IPO of FSN E-Commerce Ventures, which owns online e-tailer Nykaa, will open for subscription on Thursday in a price band of Rs 1,085 - Rs 1,125
 "Nykaa IPO: Brokerages recommend subscribing, but cite valuation concern")
Nykaa raises Rs 2,396 crore from anchor investors ahead of IPO
The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore
Paytm IPO subscription to open on November 8; listing on November 18
Softbank was not part of investors selling stake in the disclosure made by the company in its IPO draft paper
 "Paytm IPO subscription to open on November 8; listing on November 18")
Nykaa anchor book subscribed 40x on strong institutional interest
A clutch of large foreign as well as domestic funds have submitted bids worth over Rs 95,000 crore
Paytm parent firm to price IPO at Rs 18,300 crore, reveals RHP
Paytm's IPO will be the largest market debut in India yet. It increased its IPO issue size from the earlier Rs 16,600 crore due to increased investor demand