Jana, Capital Small Finance Bank slip below IPO price
The IPO received bids for 36,39,20,733 shares against 35,92,445 shares on offer, garnering a 101.30 times subscription, as per NSE data
Funds will be used to support inorganic growth through acquisitions, and for general corporate purposes
The price band has been fixed at Rs 141-151 per share
India's $4 trillion stock market has been pulling in billions of dollars of domestic and foreign money as investors flock to a fast-growing alternative to China
As per Sebi rules, funds raised via IPOs can be used for capital expenditure, debt reduction, general corporate purposes and acquisitions
Last week, the company received the regulatory nod to launch a Rs 430 crore initial share sale and part of the proceeds will be used for the investment
The category for Retail Individual Investors (RIIs) got subscribed 88 per cent while the quota for non-institutional investors received 9 per cent subscription
In Sebi's parlance, receiving observations from the regulator means its go-ahead to float the maiden public issue
The company's IPO is a combination of fresh issue of 54.8 lakh equity and an Offer For Sale (OFS) of 18.25 lakh shares with a fixed price of Rs 77 apiece, according to a statement
"The regulator has returned at least six public offer documents, as Sebi observed companies are misleading in their reasons for fundraise," said the first of the four people cited above
The initial share-sale is a combination of fresh issue of equity shares worth Rs 680 crore and an offer-for-sale (OFS) of 1.86 crore shares by promoters and an existing investor
Company connects travel agencies and suppliers like hotels, airlines in more than 100 countries
The company is a leading distributor of global brands in the computing and communication space
The company plans to file regulatory papers in India by May to June for an approval, said two of the three sources, all of whom declined to be named as the talks are private
Private equity majors TPG and Morgan Stanley-backed company's IPO received bids for 18,71,96,580 shares as against 1,01,16,284 shares on offer, as per NSE data
The IPO is a combination of fresh issue of up to Rs 1,000 crore and an Offer For Sale (OFS) of up to 47,69,475 equity shares, aggregating up to Rs 600 crore at the upper end of the price band
Healthcare products distributor Entero Healthcare Solutions has collected Rs 716 crore from anchor investors
The Initial Public Offer (IPO) received bids for 4,53,93,936 shares against 1,42,37,289 shares on offer, according to data available with the NSE
The Rs 920 crore IPO received bids for 2,07,38,23,392 shares against 3,47,61,903 shares on offer, as per NSE data