Netweb Tech IPO: The company has a fixed price band between Rs 475-Rs 500 per share. The issue will close on Wednesday, July 19
The company, whose backers include SoftBank Group Corp. and Tiger Global Management, has become leader in India's electric-scooter market with a 38% share
The IPO comprises a fresh issue of equity shares aggregating up to Rs 365 crore and an offer-for-sale (OFS) of equity shares worth up to Rs 380 crore by promoters and promoter group entities
Sold 102 times, attracts bids over Rs 30,000 cr as institutional portion is subscribed 125x
Since then, Goel said, five more IPOs have been successfully completed and there is an expectation for a number of IPOs to be launched in the next 4-8 weeks
The company is issuing fresh shares worth Rs 500 crore in the IPO, which will be used for augmenting the bank's tier-1 capital base
Utkarsh Small Finance IPO: The price band for the issue, which runs between July 12 and July 14, has been fixed as Rs 23-25 per share
ICICI Securities, DAM Capital Advisors Ltd and Nuvama Wealth Management Ltd have been appointed as merchant bankers to advise the bank on the IPO
Most of these offers are coming right now because their regulatory deadlines, to bring the IPOs, are about to lapse, cautioned analysts
In its draft red herring prospectus (DRHP) dated July 7, the depository said the IPO will see sales of 57.3 million shares by its six shareholders
As of June 2023, NSDL handled 32.3 million demat accounts with underlying assets of Rs 338 trillion
The company has finalised the issue price at Rs 42 per share, the upper limit of its price band of Rs 35-42, thereby raising around Rs 26.41 crore, a company statement said
The company, which raised Rs 4,330 crore ($528 million) in India's second-largest new share sale this year, has seen its shares jump 57% in almost two months, drawing a rush of buy calls from analysts
Out of Rs 270 crore, the company proposes to use Rs 196 crore of net proceeds from the fresh issue for funding working capital requirements and the remaining for general corporate purposes
Founded in 2007, the Mumbai-based company has the largest operational deployment of indigenous Unmanned Aerial Vehicles (UAVs) across India
The IPO had a fresh issue aggregating up to Rs 592 crore. There was no offer-for-sale (OFS) component
The category for Retail Individual Investors (RIIs) received 13 per cent subscription while the portion for non institutional investors got subscribed 10 per cent
Faster fund release will allow retail investors to apply for multiple issues, say experts
The spurt in the follow-on offerings was partly due to redemptions by private equity players and promoters off the back of availability of valuation support and liquidity
Drone maker ideaforge Technology's Initial Public Offer (IPO) received 50 times subscriptions on day three of the share sale on Wednesday