Busiest summer for Asia IPOs on record with $56 billion in deals
In the DRHP, the firm says its app has been downloaded 100 million times and its major focus geographies are India, Malaysia, Indonesia and Europe
Institutional investor portion subscribed 10.4 times, HNI 4.4 times and retail portion was subscribed 3.22 times
Plans to raise Rs 1,500-1,600 cr; This is the second pharmacy chain to file for IPO after Hyderabad-based MedPlus, which filed its DRHP with Sebi in August
Mobilisation by way of initial offerings is already near the 2017 record tally of Rs 67,147 crore
Diversified company PKH Ventures Ltd has filed draft papers for an Initial Public Offering (IPO) with markets watchdog Sebi.
M Senthilnathan, the Chairman and Managing Director of ECGC on Thursday said that the corporation hopes that the listing process would be completed by the last quarter of the financial year 2023.
The retail portion has already been subscribed 2x, HNI by 40%, and institutional investor portion by 6%
Proceeds from the fresh issue will be used to pay debt and general corporate purposes.
IPOs in the third quarter raised a total of about $94.6 billion, down 26.3% from the second quarter
A day earlier, the asset manager had allotted shares worth Rs 789 crore to anchor investors at Rs 712 apiece
Veeda Clinical Research has filed preliminary papers with capital markets regulator Sebi to raise a little over Rs 831 crore through an initial public offering
Company's CEO says firm is working with business process management (BPM) company Startek on opportunities where they can add value
Aditya Birla AMC is looking at valuations of Rs 20,500 cr in its IPO-the fourth by a domestic mutual fund house
In March 2021, nine IPOs were launched but only one IPO hit the markets in April
IPO also has OFS component; proceeds from fresh issuance will be used for setting up 2 Gw solar cell unit and 1 Gw solar PV module plant
Cardiac stent maker Sahajanand Medical Technologies has filed preliminary papers with markets regulator Sebi to raise Rs 1,500 crore through an initial share sale.
Analysts recommend subscribing to the issue given the company's reasonable valuations, strong return on equity, diverse product portfolio and well recognised promoter group.
The move to hire a CFO follows a decision to re-designate LIC's top job to chief executive officer from chairman earlier this year.
Metal recycling company CMR Green Technologies has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.