Unicorn will be first general insurer to be listed on the bourses in five years
The offer got bids for 2,62,69,148 shares against 2,85,63,816 shares on offer, according to the NSE data.
Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares
The company has decided to allocate a total of 114,56,261 equity shares to anchor investors at Rs 220 apiece, aggregating the transaction size to Rs 252.04 crore, circular uploaded on BSE website read
Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares.
As part of the OFS, promoter Meena Bindra and private equity investors Warburg Pincus-backed Highdell Investment and Faering Capital India Evolving Fund are proposing to offload shares
The company, which filed its preliminary IPO papers with the capital markets regulator in April, obtained its "observation" letter on August 2, an update with the Sebi showed
Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India's small but rapidly growing wine market
Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies.
Gujarat Polysol Chemicals and construction and hospitality firm PKH Ventures have received capital markets regulator Sebi's go ahead to raise funds through Initial Public Offerings (IPOs).
Ethnic apparel retailer Sai Silks (Kalamandir) Limited has filed preliminary papers with capital markets regulator Sebi to raise as much as Rs 1,200 crore through an initial public offering (IPO).
The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn
The company proposes to utilise the net proceeds from the fresh issue towards payment of the debt, inorganic growth through land acquisitions and general corporate purposes
The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO
IndiaFirst will be the fourth private sector life insurer to get listed on the bourses
The proposed IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 35,69,180 equity shares by promoters and an investor
The company is an out-of-hospital healthcare provider with brand Portea
The IPO comprises fresh issuance of 85.20 lakh equity shares and an offer-for-sale (OFS) of up to 25.5 lakh equity shares by promoters ---- Mayank Shah and Sweta Shah, according to the DRHP.
The IPO comprises fresh issue of equity shares worth Rs 1,000 cr and an Offer For Sale to the tune of Rs 1,000 cr by promoter and promoter group entity, according to the DRHP
This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture