Page 66 - Sundar Sethuraman

Zomato listing to provide shot in the arm to startup ecosystem

Market players say strong stock market debut will prompt VC and PE firms to back more domestic startups, apart from motivating more unicorns to resist the temptation to list in the US

Indices rebound as stimulus, earnings help offset coronavirus fears

Analysts said though markets are concerned about the delta variant the availability of more vaccines is reassuring

More pain in store for markets, say experts amid fear of further lockdowns

The benchmark indices fell for the last three sessions as rising Covid cases brought fresh worries about disruption in economic activities

Glenmark Life Sciences prices its IPO between Rs 695-720 per share

The company has reduced its offer size by about Rs 150 crore. Bankers to the issue said that the promoters have reduced their selling stake marginally

Mega ITC share sale will be challenging for govt, say market experts

Market experts said offloading the entire stake at one go would be challenging and the centre should look at selling the stake in tranches.

Tatva Chintan Pharma IPO is second-most subscribed this year at 180 times

Is second only to MTAR Tech; Tatva's 3.26-million share offering garnered bids for 588 million shares, generating demand worth Rs 63,713 crore

Markets fall for third day on the trot amid delta variant worries

Sensex shed 355 points to end at 52,198, down 0.7%; Nifty lost 120 points to end at 15,632

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 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

With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high

All-time high not far away with Paytm planning fresh issue of Rs 12,000 cr

Digital payments start-up MobiKwik files for Rs 1,900-crore offering

MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday

Street signs: Zomato GMP at 15-18%, beeline of AIFs at IFSC, and more

Shares of thermal power producers are likely to benefit from the rise in power demand, say analysts

GR Infra Projects, Clean Science IPOs subscribed close to 100x each

Attract bids worth over Rs 1.73 trillion

IPO Watch: G R Infraprojects subscribed six times on Day-2

Clean Science offer gets 4.4x subscription

Insurance sector attracts 40% of FPI flows worth $2.35 bn in June

Insurance isn't a big sector in terms of weight, accounting for just 2.5% of FPI corpus. In comparison, nearly a third of FPI investments in the country are in banking and financial sector

Rising cases, delta variant worries rattle domestic and global markets

Sensex posts biggest loss in nearly two months

Zomato prices its IPO at Rs 72-76 per share; offer open between July 14-16

At the top end of the band, the company could raise Rs 9,375 cr and is valued at Rs 64,365 cr. Zomato's is the largest IPO in 16 months after SBI cards which raised Rs 10,355 cr

Sensex closes above 53,000 for the first time ever, adds 193 pts

Nifty 50 index rose 61 points, or 0.4 per cent, to end at a new lifetime high of 15,879.65

India Pesticides shares jump 16% to close at Rs 343.2 on listing day

It touched a high of Rs 368 and a low of Rs 340 with nearly Rs 980 crore worth of shares changing hands.

Strong debut by Dodla and KIMS, gain 42% and 21% respectively at close

While the Dodla IPO was subscribed 45x, that of Krishna Institute was subscribed 3.8x