Page 98 - Latest Updates on IPO
India's Trifecta Capital files for Rs 1,500 crore late-stage VC fund
Trifecta Capital is planning a Rs 1,500 crore-late stage venture capital fund that will invest in new economy companies that are likely to pursue an initial public offering in the medium term
 "India's Trifecta Capital files for Rs 1,500 crore late-stage VC fund")
Lodha allots shares worth Rs 740 cr to anchor investors ahead of IPO
The company allotted 15.2 million shares to 14 investors at Rs 486 apiece
 "Lodha allots shares worth Rs 740 cr to anchor investors ahead of IPO")
Shriram Properties may file IPO this week to raise up to Rs 800 cr
Bengaluru-based Shriram Properties may file a draft document this week with market regulator Sebi for its proposed initial public offer (IPO) to raise up to Rs 800 crore, according to sources.
 "Shriram Properties may file IPO this week to raise up to Rs 800 cr")
Heranba Industries falls below issue price, hits lowest level since listing
Shares of Heranba Industries had made a strong debut on the bourses with the stock listing at a 43.5 per cent premium over its issue price
 "Heranba Industries falls below issue price, hits lowest level since listing")
Macrotech Developers to reduce debt by 24% to Rs 12,700 crore after IPO
He said the company's net debt for India business is Rs 16,700 crore as of December 31, 2020. "Our debt will come down to Rs 12,700 crore after the IPO".
 "Macrotech Developers to reduce debt by 24% to Rs 12,700 crore after IPO")
Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions
Shares in the food delivery company slumped as much as 30% on Wednesday in one of the biggest first day falls for a stock in London
 "Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions")
Jana Small Finance Bank files IPO papers, aims to raise Rs 1,100 crore
According to merchant banking sources, the IPO is expected to fetch Rs 1,100 crore
InMobi plans $1-billion IPO on Nasdaq by the end of fourth quarter
According to the sources, the company is approaching merchant bankers, including Goldman Sachs, Morgan Stanley, and JPMorgan, and it expects to finalise the line-up quickly
 "InMobi plans $1-billion IPO on Nasdaq by the end of fourth quarter")
Highest-ever fundraising via IPOs in FY21; FY22 will be tough: Analysts
Retail investors were the key drivers of the momentum seen in the primary markets in FY21. The road in FY22, however, will not be easy as investors are likely to become choosier
 "Highest-ever fundraising via IPOs in FY21; FY22 will be tough: Analysts")
Nazara Technologies lists at 81% premium; analysts advise booking profit
Analysts believe that given Nazara Technologies' stock has surged nearly 100 per cent over the issue price, investors can partially book profit and can add more at a later stage once it corrects
 "Nazara Technologies lists at 81% premium; analysts advise booking profit")
Deliveroo narrows IPO price range ahead of London stock market debut
Deliveroo narrowed its price range on Monday to between 3.90 and 4.10 pounds per share
 "Deliveroo narrows IPO price range ahead of London stock market debut")
IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21
30 firms raised Rs 31,277 cr through IPOs in 2020-21, significantly higher than Rs 20,352 cr mopped up through 13 initial share sales in the preceding fiscal year
 "IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21")
GoAir plans Rs 2,500-cr IPO early FY22; may file preliminary papers in Apr
The no-frills airline has been working on expansion plans and an Initial Public Offer (IPO) will help in raising funds
 "GoAir plans Rs 2,500-cr IPO early FY22; may file preliminary papers in Apr")
Barbeque Nation IPO subscribed 1.98 times on day two of subscription
The Rs 453-crore issue received bids for 98,75,790 shares against 49,99,609 shares on offer, as per NSE data
 "Barbeque Nation IPO subscribed 1.98 times on day two of subscription")
IPO conundrum: Massive subscription, weak returns; what's behind the trend?
The calendar year 2021 has been a busy one for the primary markets with 17 mainboard issues already having hit the Street
 "IPO conundrum: Massive subscription, weak returns; what's behind the trend?")
Laxmi Organic makes decent debut, lists at 20% premium over issue price
The initial public offer (IPO) of Laxmi Organic Industries had received a robust response from the investors
 "Laxmi Organic makes decent debut, lists at 20% premium over issue price")
Barbeque Nation IPO appetising, but avoid, say analysts
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company
 "Barbeque Nation IPO appetising, but avoid, say analysts")
Trading app Robinhood Markets says it filed confidentially for IPO
Robinhood became immensely popular during the coronavirus pandemic, particularly as homebound young people turned to online trading to pass the time and make money
 "Trading app Robinhood Markets says it filed confidentially for IPO")
China's Didi leans towards NY over HK for IPO, eyeing $100 bn valuation
China's top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its IPO, eyeing a valuation of at least $100 billion via the float, two sources said
 "China's Didi leans towards NY over HK for IPO, eyeing $100 bn valuation")
Online education platform Coursera targets over $4 bn valuation in US IPO
Online education provider Coursera Inc is aiming for a valuation of more than $4 billion in a US initial public offering (IPO), a regulatory filing on Monday showed
 "Online education platform Coursera targets over $4 bn valuation in US IPO")