Page 162 - IPO Tracker
Ahead of IPO, Aether Industries garners Rs 240 cr from anchor investors
Aether Industries is a speciality chemicals manufacturer focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and tech core competencies
 "Ahead of IPO, Aether Industries garners Rs 240 cr from anchor investors")
HNI interest sees Ethos IPO scrape through with just 1.03x subscription
Retail investor portion subscribed 82%, HNI was covered 1.48x and institutional investor category received 1.06x subscription
 "HNI interest sees Ethos IPO scrape through with just 1.03x subscription")
Sajjan Jindal's JSW Infrastructure plans public listing by March 2024
The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing
 "Sajjan Jindal's JSW Infrastructure plans public listing by March 2024")
Paradeep Phosphates IPO scrapes through on Day 3; issue subscribed 1.75x
The retail investor portion of the issue was subscribed 1.37 times, HNI portion was covered 82% and institutional investor category saw three times subscription
Aether Industries' Rs 808-cr IPO to open May 24; price band at Rs 610-642
Proceeds from the fresh issuance will be used to fund the speciality chemicals company's capex requirements for the proposed new project in Surat, fund working capital requirements and to pay debt
Paradeep Phosphates IPO subscribed 51% day before close on retail interest
Retail investor portion subscribed 91%, HNI 20%; institutional investor category received negligible bids
Luxury watch player Ethos IPO to open on May 18; price band Rs 836-878
Proceeds from the fresh issuance will be utilised for repayment of debt, funding working capital requirements, opening new stores and general corporate purposes
Go First plans IPO of up to Rs 3,600 cr by July after deferring for months
The airline plans to increase daily flights, add 10 new aircraft by March 2023
 "Go First plans IPO of up to Rs 3,600 cr by July after deferring for months")
After tepid market debut, antsy LIC investors seek Aramco-style dividend
Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the govt
 "After tepid market debut, antsy LIC investors seek Aramco-style dividend")
Fedbank Financial, Dreamfolks, Archean Chemical get Sebi nod to float IPOs
In Sebi's parlance, its observation implies the company concerned has received the approval to launch the IPO.
Investors should hold on to stock for long term: DIPAM Secy on LIC listing
'Nobody can predict the market. We have been saying that it should not be held for a particular day but for more than a day,' Tuhin Kanta Pandey told reporters after the listing of LIC shares
 "Investors should hold on to stock for long term: DIPAM Secy on LIC listing")
Over 10 Indian start-ups may mop up at least $10 billion in IPO rush
Market boom, success of global start-ups key drivers
 "Over 10 Indian start-ups may mop up at least $10 billion in IPO rush")
LIC set for lacklustre market debut despite oversubscription: Analysts
Volatility in global markets and selling pressure in the domestic stock market are likely to cast a shadow on LIC's listing
 "LIC set for lacklustre market debut despite oversubscription: Analysts")
Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report
The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital
 "Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report")
eMudhra sets IPO price band at Rs 243-256 per share, sale to open on May 20
Digital signature certificate provider eMudhra Ltd on Monday said it has fixed a price band of Rs 243-256 a share for its Rs 413-crore Initial Public Offering (IPO).
 "eMudhra sets IPO price band at Rs 243-256 per share, sale to open on May 20")
Faith of millions of Indian small investors put to test with LIC debut
The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.
 "Faith of millions of Indian small investors put to test with LIC debut")
Delhivery IPO subscribed 1.63x on QIB support, Venus Pipes subscribed 16.3x
The QIB portion of the Delhivery IPO garnered 2.66 times subscription, with bids worth Rs 4,385 cr. QIBs also invested Rs 2,346 cr through anchor book
Delhivery IPO fully subscribed despite challenging market conditions
The institutional investor portion of the Delivery IPO issue was subscribed for nearly two times
 "Delhivery IPO fully subscribed despite challenging market conditions")
Prudent Corporate Advisory's IPO scrapes through with 1.22x subscription
The institutional investor portion of the issue was subscribed 1.26 times, high-networth individual portion 99 per cent and retail portion 1.3 times
 "Prudent Corporate Advisory's IPO scrapes through with 1.22x subscription")
Staffing firm FirstMeridian files papers for Rs 800-cr IPO with Sebi
The Bangalore-based HR services platform plans to raise Rs 50 crore in fresh capital through the IPO and the remaining Rs 750 crore will be an offer for sale by existing shareholders