Page 87 - Latest Updates on IPO
Solar company Waaree Energy files for IPO, plans Rs 1,350 cr fresh issue
IPO also has OFS component; proceeds from fresh issuance will be used for setting up 2 Gw solar cell unit and 1 Gw solar PV module plant
 "Solar company Waaree Energy files for IPO, plans Rs 1,350 cr fresh issue")
Should you subscribe to AB Sun Life AMC IPO? Here's what analysts say
Analysts recommend subscribing to the issue given the company's reasonable valuations, strong return on equity, diverse product portfolio and well recognised promoter group.
 "Should you subscribe to AB Sun Life AMC IPO? Here's what analysts say")
Aditya Birla AMC eyes Rs 20,500 cr valuation in Rs 2,768 cr IPO
The IPO will entirely be a secondary share sale by promoters Aditya Birla Capital and Sun Life AMC; price band Rs 695-712 per share
 "Aditya Birla AMC eyes Rs 20,500 cr valuation in Rs 2,768 cr IPO")
More competition isn't a threat, it will grow the market: Birla MF chief
In a Q&A, A Balasubramanian, MD & CEO of the fund house, talks about the pricing of its IPO and welcomes the entry of fintechs in the MF space
 "More competition isn't a threat, it will grow the market: Birla MF chief")
Sansera Engineering lists at 9% premium over issue price of Rs 744
Post listing, the stock moved higher to Rs 828, up 11 per cent over its issue price on the BSE
Govt shortlists four law firms to assist LIC IPO after failed first attempt
Crawford Bayley, Cyril Amarchand Mangaldas, Link Legal and Shardul Amarchand Mangaldas will make a representation before govt on Friday
 "Govt shortlists four law firms to assist LIC IPO after failed first attempt")
Paras Defence IPO subscribed 318 times with bids worth Rs 38,021 crore
Market experts say it is the most subscribed IPO, surpassing previous record of Salasar Tech, which was subscribed 273 times; HNI portion was 974 times with bids of Rs 25,000 cr
Law firms bid to work on India's LIC IPO as government sweetens terms
After the law firms showed no interest, the government revised its offer twice this month, limiting the timeline of the LIC's IPO work and offering a part payment during the IPO process, not just at t
 "Law firms bid to work on India's LIC IPO as government sweetens terms")
Real firm Casagrand plans IPO by next December to fund land acquisition
Will invest Rs 5,000 crore in residential development in the next one year, has already raised Rs 400-500 crore from KKR for land acquisition in Chennai and Bengaluru
 "Real firm Casagrand plans IPO by next December to fund land acquisition")
Paras Defence IPO subscribed 41x on day-2, Data Patterns files DRHP
Data Patterns (India) is looking to raise Rs 300 cr through its offer, which will also consist of secondary share sale between Rs 300-400 cr
Aditya Birla AMC to launch Rs 3,000-cr IPO next week
In August, Sebi had cleared the asset manager's IPO document, which was filed with the regulator in April.
India likely to block Chinese investment in mega LIC IPO: Report
With China after the border clashes it cannot be business as usual. The trust deficit has significantly widened, say sources
 "India likely to block Chinese investment in mega LIC IPO: Report")
LIC agents to steer awareness campaign for retail investors ahead of IPO
Move comes ahead of India's largest IPO, expected later this year
 "LIC agents to steer awareness campaign for retail investors ahead of IPO")
Paras Defence IPO subscribed 16.6x on Day-1 on strong retail interest
Experts said retail investors are enthused by the high premium commanded by Paras Defence in the grey market
Ahead of IPO, Paytm employees add 545,000 more shares for monetisation
Last week, Paytm gave time till September 22 to employees to convert their ESOPs into shares for monetisation in the upcoming IPO
 "Ahead of IPO, Paytm employees add 545,000 more shares for monetisation")
Should you subscribe to Paras Defense IPO despite weak financials?
Paras Defense IPO is priced at Rs 165-175 per share and looks to raise Rs 171 crore at the upper end of the price band
UPI IPO mandate creation dips in August despite best mop-up in 4 years
5.9 mn mandates were created compared to 7.7 mn in July
Indian defense supplier Data Patterns nears $100-mn IPO filing: Report
Data Patterns is seeking a valuation of around 25 billion rupees ($340 million) in the IPO, and is looking to sell an equal number of primary and secondary shares, the people said
 "Indian defense supplier Data Patterns nears $100-mn IPO filing: Report")
Paytm IPO: Employees get time till Sep 22 to convert ESOPs into shares
Paytm has given time till September 22 to its employees to decide on converting their stock options ahead of the company's Rs 16,600 crore-IPO planned to be launched in October
 "Paytm IPO: Employees get time till Sep 22 to convert ESOPs into shares")
Ahead of IPO, Oyo expands share capital through stock split, bonus issue
The Softbank-backed travel technology firm is expected to file its DRHP with Sebi in the next few months
 "Ahead of IPO, Oyo expands share capital through stock split, bonus issue")