State-owned giant makes Rs 9,000-cr bid on first day of latter's offer
Market leader, with strong foothold in segment and healthy opportunity, to improve financials
Together, these companies are estimated to raise more than Rs 6,000 crore, according to merchant banking sources
The issue comprises sale of 1,93,32,346 shares, including offloading of 96,66,173 shares -- amounting to 13.74% stake -- by the parent firm Mahindra and Mahindra
At the top end of the price band, HDFC Standard Life will be valued at around Rs 58,100 crore
Market leader, with strong foothold in segment and healthy opportunity to improve financials
The price band for the IPO was Rs 247 to 252 per share. At the top-end of the price band, Reliance Nippon AMC was valued at Rs 15,422 crore
The firm has fixed the price band at Rs 247-252 per share
The issue opens on November 7 and will close on November 9
The price band for the IPO is Rs 247-252 per share
Shares of Srei Infrastructure Finance were trading 1.12% lower at Rs 119.70 on BSE
At the end of the first day, the institutional and non-institutional categories were subscribed 6.13 and 11.38 times, respectively
The footwear retailer expects to raise Rs 543 crore through IPO next month
These are among the top 10 anchor investors in big IPOs this year
This will be the fourth-largest IPO ever in the history of Indian markets
According to merchant banking sources, promoters are expected to get about Rs 7,500 crore from the stake dilution
The IPO received bids for 199 million shares against the total issue size of 42.8 million shares
After raising Rs 11,176 crore in the country's biggest initial public offering in seven years
Reliance Nippon has fixed the price band at Rs 247-252 per equity share
Average fee for IPOs this year 1.6%, lowest in seven years