Page 9 - Latest Updates on IPO
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")
Urban Company CEO says IPO success is 'Day Zero' for home services giant
Abhiraj Singh Bhal discusses profitability path and ₹8.5 lakh crore market opportunity after blockbuster public debut
 "Urban Company CEO says IPO success is 'Day Zero' for home services giant")
Sebi approves Zelio E-Mobility's ₹78 crore IPO for electric vehicles
The company has already got the DRHP (draft red herring prospectus) approval. The IPO may go live at the end of this month, Zelio E-Mobility said in a statement
 "Sebi approves Zelio E-Mobility's ₹78 crore IPO for electric vehicles")
Jaro Education IPO to open on September 23, aims to raise Rs 450 crore
In a public announcement, the company said it has fixed a price band of Rs 846 to Rs 890 per share for its maiden public offering
 "Jaro Education IPO to open on September 23, aims to raise Rs 450 crore")
GK Energy raises ₹139.27 crore from anchor investors ahead of IPO
The company has allotted 91.03 lakh equity shares to 13 funds at Rs 153 apiece, aggregating the transaction size to Rs 139.27 crore, it added
Ahead of IPO, Saatvik Green Energy garners ₹269 cr from anchor investors
HDFC Mutual Fund (MF), Nippon India MF, Bandhan MF and SBI General Insurance Company are among the anchor investors, according to a circular uploaded on BSE's website
India's top used-car startups line up for IPOs worth over $1 billion
Three Unicorn startups - CARS24 Services Pvt., CarDekho and Spinny - that buy and sell pre-owned vehicles are in early talks with bankers to assess investor appetite
 "India's top used-car startups line up for IPOs worth over $1 billion")
Urban Company shares jump 62% above issue price on trading debut
The initial public offer of Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the final day of bidding on Friday last week
 "Urban Company shares jump 62% above issue price on trading debut")
Groww eyes ₹7K cr public issue; GK Energy to float ₹465 cr IPO on Sep 19
Urban Company, Dev Accelerator and Shringar House of Mangalsutra will make their trading debut on Wednesday
Simple Energy develops India's first heavy rare earth-free EV motor
This shields the e2W maker from dependence on elusive Chinese imports of critical minerals
 "Simple Energy develops India's first heavy rare earth-free EV motor")