Page 93 - Latest Updates on IPO
Zomato IPO subscribed 38 times, generates demand worth over Rs 2 trillion
Nearly three-fourth of bids came from institutional investors, with QIB portion garnering 52x subscription
 "Zomato IPO subscribed 38 times, generates demand worth over Rs 2 trillion")
Tatva Chintan Pharma IPO subscribed 4.51 times on first day of subscription
The initial public offer aggregating up to Rs 500 crore comprises a fresh issue of up to Rs 225 crore and an offer for sale of up to Rs 275 crore.
 "Tatva Chintan Pharma IPO subscribed 4.51 times on first day of subscription")
Northern Arc Capital files DRHP for IPO with market regulator Sebi
Northern Arc Capital Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share-sale
 "Northern Arc Capital files DRHP for IPO with market regulator Sebi")
One97 taps IPO market in new, bigger avatar 11 years after aborted attempt
Vijay Shekhar Sharma-founded firm had to shelve Rs 120-cr IPO last minute in December 2010
 "One97 taps IPO market in new, bigger avatar 11 years after aborted attempt")
Tatva Chintan Pharma IPO fully subscribed within hours of opening
The initial public offer of specialty chemical manufacturing company Tatva Chintan Pharma Chem was fully subscribed within the first few hours of opening on the first day of subscription on Friday
 "Tatva Chintan Pharma IPO fully subscribed within hours of opening")
Paytm submits draft papers for its $2.2-billion IPO to market regulator
SoftBank-backed Paytm has filed for an initial public offering of up to $2.23 billion, draft papers submitted to the country's market regulator showed on Friday
 "Paytm submits draft papers for its $2.2-billion IPO to market regulator")
DIPAM invites bids from bankers, advisors for LIC's initial public offering
Kick-starting the process for LIC disinvestment, the government has invited bids from merchant bankers and legal advisors for advising it on the proposed mega initial public offering.
 "DIPAM invites bids from bankers, advisors for LIC's initial public offering")
Zomato IPO brought new investors, shift in behaviour: Paytm Money CEO
Zomato's Rs 9,375-crore IPO has seen a new set of investors coming into the capital market and there is a visible shift in consumer behaviour, a senior official of Paytm Money said on Thursday.
 "Zomato IPO brought new investors, shift in behaviour: Paytm Money CEO")
Govt floats Request for Proposal to appoint intermediaries for mega LIC IPO
Merchant bankers, and registrar and share transfer agents will have to submit their bids by August 5
Top headlines: Govt floats RFP for LIC IPO; Covid scare for Team India
Business Standard brings you the top stories of the day
 "Top headlines: Govt floats RFP for LIC IPO; Covid scare for Team India")
Amid robust retail demand, Zomato IPO oversubscribed 1.3 times on Day 2
Zomato's initial public offering was oversubscribed 1.3 times on the second day of the offering with retail investors continuing to bid for shares of the food delivery platform.
 "Amid robust retail demand, Zomato IPO oversubscribed 1.3 times on Day 2")
KIMS zooms 61% over IPO price as investors lap up shares post listing
Institutional investors purchased an additional 1.24 million equity shares or 1.55 per cent stake of the company via open market post its listing
 "KIMS zooms 61% over IPO price as investors lap up shares post listing")
Zomato in MSCI, FTSE indices by year-end, Sensex-Nifty entry hard: Analyst
Stock will need to move to about Rs 328 a share (4.3x over possible IPO price of Rs 76) for it to be part of Nifty index
Zomato IPO fully subscribed on Day 1, attracts bids worth Rs 5,700 cr
Market players say marquee names in anchor book have been a big confidence booster; young investors are showing a lot of interest in the IPO of a brand they relate with
 "Zomato IPO fully subscribed on Day 1, attracts bids worth Rs 5,700 cr")
Paytm Money trends on Day One of Zomato IPO as new investors flock
Zomato IPO sees retail portion subscribed by over 200% within the first two hours of opening
Zomato IPO gets Twitter buzzing with tweets from startup community
Deepinder Goyal 'stress eating', Vijay shekhar Sharma of Paytm cheers along
 "Zomato IPO gets Twitter buzzing with tweets from startup community")
Zomato allots shares worth Rs 4,195 cr to anchor investors ahead of IPO
Sources said the anchor book saw over 30x more demand than the shares on offer. The total interest generated was in excess of Rs 1 trillion
Zomato's grey market premium is on a steady decline; here's why
Zomato shares were trading at a premium of 10 per cent in the grey market
LIC IPO gets Cabinet nod; decision on issue size soon by FM-led panel
The government is targeting the launch of LIC's IPO in the last quarter of the financial year as it is yet to derive the embedded value of the insurer.
Zomato IPO: Subscribe for listing gains, suggest brokerages
Zomato IPO is set to be a watershed moment in the Indian internet space, Jefferies said in a note
 "Zomato IPO: Subscribe for listing gains, suggest brokerages")