The three-day initial public offering (IPO) will conclude on June 5 and the bid for anchor investors will open for a day on May 31, according to the Red Herring Prospectus (RHP)
To offload 45 mn shares, or 7.5% stake, at $18-21 apiece; values arm at $12.6 bn
The U.S. IPO market has shown positive indications of a turnaround in 2024, after two sub par years, on hopes of rate cuts in the second half of the year and a soft landing for the economy
Hyundai Motor India Ltd. plans to file for an IPO in June, International Financing Review reported earlier Monday, when it also said Kotak and Morgan Stanley were joining the syndicate
The IPO will comprise a fresh issuance of 45.84 lakh equity shares with a face value of Rs 10 each, said Founder and MD of Nephro Care India, Dr Pratim Sengupta
"The content of the AV must be factual, non-repetitive, non-promotional and shall not be misleading in any manner," said Sebi
The Rs 599 crore initial share sale received bids for 3,68,85,732 shares against 86,29,670 shares on offer, as per NSE data
"The refinancing will result in material changes to Oyo's financial statements. Hence as per existing regulations, it will need to revise its filings with the regulator," the source said
The Rs 599 crore initial share sale received bids for 1,74,46,143 shares against 86,29,670 shares on offer, as per NSE data
The Mumbai-headquartered company has fixed a price band at Rs 57-60 per share for the issue and the lot size will be 2,000 equity shares
The two companies, which filed their preliminary IPO papers with Sebi in February and March, obtained their observations during May 14-17
The company has allotted 70.13 lakh equity shares to 32 funds at Rs 383 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website
While the current ICDR rule permits certain categories of investors to contribute equity shares held by them towards the shortfall, further flexibility has been provided
A flurry of small deals has made India one of Asia's busiest IPO markets this year. Bigger share sales brighten the nation's chances of attracting global funds as investors rotate money
JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated interest rate of 9 to 10% per annum
According to the exchange data, the retail investor portion of the issue was subscribed 4.27 times. The qualified institutional buyers' portion was booked 12.56 times
Go Digit IPO Subscription Status, May 17: Retail investors' portion was booked (4x), NII portion (7.1x), and QIB portion (12.56x)
The company's maiden public issue will open on May 22 and conclude on May 27 and the bidding for anchor investors will open for a day on May 21, according to a statement
The initial share sale received bids for 1,88,86,890 shares against 5,28,69,677 shares on offer, as per NSE data
It allocated over 43 million equity shares at Rs 272 per share on Tuesday, to anchor investors