The bulk of the bids came from retail investors
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The hotel aggregator, in which SoftBank owns a 46% stake and is one of its biggest bets, has endured months of layoffs, cost cuts and losses during the global health crisis
Nuvoco Vistas IPO: Despite healthy operational performance, higher depreciation and interest cost have led to an inconsistent performance at the PAT level for Nuvovo Vista
CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations
The Rs 731-crore IPO generated bids worth Rs 66,744 crore
Investors have been keen to know the embedded value of India's largest insurer, and the value of new businesses, which are yet to be determined
So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21.
The initial public offering (IPO) comprises fresh issue of shares worth Rs 1,500 crore and an offer for sale of Rs 3,500 crore by promoter Niyogi Enterprise.
Sources say that the IPO size could be around Rs 2,000 crore
According to industry players, the many banks found it difficult to process the record 10 mn retail applications garnered, leading to higher failure rate, delayed OTP messages
The Rs 401.53-crore offer had a price range of Rs 448-460 per share
Superb listing gains made by companies listed recently have prompted investors to enthusiastically participate in all IPOs
The company aims to raise Rs 3,850 crore through the IPO, which will include Rs 1,300 crore fresh issue and offer for sale up to Rs 2,550 crore by promoters
Market experts say buoyed by returns from recent IPOs, retail investors are now subscribing to all offers being launched. The last four firms to list have seen gains of 65-113% on the first day
Four initial public offerings (IPO) -- Windlas Biotech, Exxaro Tiles, Krsnaa Diagnostics and Devyani International -- have opened for subscription from Wednesday.
Nuvoco Vistas Corporation, part of the Nirma Group, on Wednesday said it has fixed a price band of Rs 560-570 a share for its Rs 5,000 crore initial public offering
Market regulator observes several shortcomings in the existing procedure
At the upper end of the price band, Devyani is offered at 9.5x market capitalisation/sales as per FY21 financial statement, compared to peers like Jubilant Foodworks (15x), Westlife Development (8.8x)
Nykaa, her brainchild, has grown into India's top e-commerce site for beauty products.