Page 68 - Sundar Sethuraman

KFC, Pizza Hut brand operator eyes Rs 10,823 cr valuation in IPO

Ravi Kant Jaipuria-promoted Devyani International prices its IPO between Rs 86-90

Glenmark Life's Rs 1,500 cr IPO subscribed 45x on strong HNI interest

Rolex Rings subscribed 9.3 times a day before close

Tatva Chintan zooms 113% to Rs 2,310 in highest listing gain this year

Issue price was Rs 903 per share, IPO had garnered 180x subscription

MFs shrug off valuation concerns, step up buying as FPIs press sell button

Have pumped in over Rs 10,500 cr this month-the most since in 16 months

China jitters drag indices: Sensex drops 273 pts, Nifty slips below 15,750

Market players said the developments in China has promoted several foreign funds to prune their exposure to the entire emerging market (EM) pack

Glenmark Life IPO subscribed 2.8x on Day-1 on strong retail interest

The wholly-owned subsidiary of Glenmark Pharma is issuing Rs 1,060 cr fresh equity and offer for sale of 6.3 million shares worth Rs 453.6 crore

Retail rush drives mobile trading volumes at BSE, share up 711 bps in a yr

Nearly 20 mn new demat accounts added since March 2020. Meanwhile, share of individual retail investors in NSE's cash market turnover shot up from 39% in FY20 to 45% in FY21

Rolex Rings prices IPO between Rs 880-900 per share; issue opens July 28

The offer comprises a fresh issue of Rs 56 crore and an offer for sale of shares worth Rs 675 crore.

Street signs: Glenmark Life GMP at 25%, HNIs in-the-money in Tatva & more

Analysts say American sanctions on Chinese companies will prompt global investors to look at India more favourably

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