Fundraising Via IPOs

With limited mainboard activity but several SME offerings, the coming week provides selective opportunities for investors looking to participate in the primary markets

With an average acquisition cost of just ₹2.01 per share, translating to a total investment of nearly ₹5.21 crore, the transaction is likely to yield a pre-tax gain of ₹684.37 crore for Canara Bank

The Reserve Bank of India's Monetary Policy Committee on Wednesday kept the repo rate unchanged at 5.5 per cent and maintained the policy stance at 'neutral'

The financial sector pipeline is dominated by Tata Capital's ₹17,000 crore issue, followed by ICICI Prudential Asset Management and Billionbrains Garage Ventures, the parent of Groww

Atlanta Electricals IPO: Check price band, lot size, GMP, review, allotment date, listing date, and other key details here

Prestige Hotel Ventures has filed its draft papers with market regulator Sebi to raise funds via IPO

Data sourced from PrimeDatabase suggest that the IPO pipeline for CY25 continues to remain strong, as 44 companies have already received approval from Sebi

A total of 66 companies have submitted applications for IPOs, with highly anticipated offerings from Hero Fincorp and LG Electronics awaiting approval from the capital market regulator, Sebi

From opening to allotment to listing, here is the complete list of IPOs that will keep primary market investors busy next week

Non-institutional investors (NIIs) have shown major interest in Stallion India IPO, subscribing at 216.08 times, while Retail investors have subscribed at 60.31 times

Tata Group companies' shares increased following reports of Tata Capital planning to raise Rs 15,000 crore through an initial public offering (IPO)

The Concord Enviro IPO is a book-built issue, with a total size of Rs 500.33 crore. Concord Enviro IPO is structured as a combination of a fresh issue and an offer for sale (OFS)

The IPO, which is entirely an offer for sale (OFS), will see Seoul-based parent LG Electronics divesting up to 101,815,859 equity shares of face value Rs 10 each from its Indian subsidiary

So far in 2024, 68 firms have raised over Rs 1 trillion through IPOs. This is only the second time after 2021 that IPO mop-up is crossing Rs 1 trillion

The main attraction of pre-IPO investing usually remains that it gives a chance to buy shares at a lower price compared to the price offered during the IPO

Maintaining its momentum, the Indian primary market is poised to captivate investors in the next week, with the launch of two mainline, and as many as eight SME initial public offerings (IPOs)

Prior to the public subscription period, Shree Tirupati Balajee IPO raised over Rs 50.90 crore from anchor investors.

In 2024 so far, 56 IPOs have raised Rs 65,000 crore, compared to just 20 IPOs raising slightly more than Rs 15,051 crore in the first eight months of 2023

The IPO comprises a fresh issue of 41.8 million shares valued at Rs 397.1 crore and an offer for sale (OFS) of 11.9 million shares worth Rs 113.05 crore.

Vraj Iron and Steel IPO has seen a strong demand, with the issue being subscribed 8.3 times on Day 2 by 12:30 PM