Page 40 - Initial Public Offering Ipo

Decoding Azure Power: India's first NYSE-listed renewables company

Stock tanks after new CEO's sudden resignation, whistle-blower complaint

Zomato's weightage in FTSE indices to rise to 24.9% from August 11

Shares of Zomato gained 2 per cent to close at Rs 55.6

28 cos secure Sebi's clearance to float IPOs worth Rs 45k cr in April-July

These firms are yet to announce the launch date of their IPOs and are waiting for the right time to float their issues as current market conditions are challenging, merchant bankers said

Why Zomato's pre-public offer investors are rushing to the exit door

Though stock has crashed 65% from peak, most pre-IPO investors are in-the-money even at beaten-down valuations

Saudi prince plans $80-billion fund, IPO for zero-carbon city Neom

The Neom Investment Fund could potentially expand to 400 billion riyals, Crown Prince Mohammed bin Salman told reporters in Jeddah

Time to raise a toast to liquor stocks? Selectively, say analysts

Analysts believe the worst may be over for the sector, with out-of-home (OOH) consumption picking up, and reduction in taxes by some state governments

15-yr record in IPO filing with Sebi belies market volatility, shows data

This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture.

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public

Shares are now up 10% from Delhivery's debut, which Sahil Barua, the CEO, thinks signals solid appetite for risk in India's public markets despite a drop in financing from venture capital firms.

PayMate India files papers with Sebi to raise Rs 1,500 cr through IPO

The initial share-sale comprises fresh issue of equity shares worth Rs 1,125 crore and Offer-for-sale (OFS) of Rs 375 crore by promoters, investors and other shareholders

IPO-bound Navi appoints Meesho founder Vidit Aatrey as independent director

Sachin Bansal-led Navi Technologies on Thursday said it has appointed Vidit Aatrey, the founder of social commerce platform Meesho, as an independent director on its board. With this appointment, the number of independent directors on its board reached four. Overall, Navi's board now comprises seven members, according to the company statement. The appointed of Aatrey, effective from April 9, is subject to completion of formalities, it added. Navi has recently appointed three independent directors -- Abhijit Bose, head of India for WhatsApp; Shripad Nadkarni, a member of Maverix Platforms and FMCG veteran and Usha Narayanan who had worked with Lovelock & Lewes Chartered Accountants LLP, a member firm of PricewaterhouseCoopers -- on its board. "I am pleased to welcome Bobby (Abhijit), Shripad, Usha, and most recently, Vidit to our board. They each bring a unique perspective and I believe they will add significant strategic value to Navi as we continue to grow. These appointments ...

Venus Pipes IPO subscribed 2.3 times on first day of offer, raises Rs 49 cr

The initial public offer of Venus Pipes and Tubes got fully subscribed within the first few hours of opening on Wednesday. It closed with 2.37 times subscription on the first day

IPO to make our brand more visible and powerful: TVS SCS' Ravi Viswanathan

"Having an international investor like Exor or Gateway increases the confidence in the market because of the strong governance," said Viswanathan.

Awfis Space Solutions eyes IPO by next year; plans to raise Rs 500-600 cr

After surviving the pandemic, Awfis is on an expansion mode. From 50 centres with 30,000 seats in 2015, it has more than doubled its capacity to 131 centres and 75,500 seats

LIC IPO subscription to stay open on Saturday for retail investors

Retail investors will be alloted 35% of the total shares in the offer, and given a discount of 45 rupees from the IPO price

LIC IPO: Over 70% of anchor allotment made to domestic mutual funds

LIC raises a total of Rs 5,627 crore in anchor book; overseas funds pour in just Rs 1,624 crore

LIC IPO: Irdai raises investment limit for insurers in BFSI sector to 30%

This could free up more funds to invest in the largest IPO, say industry insiders

Uniparts India files preliminary papers with Sebi to raise funds via IPO

According to the Draft Red Herring Prospectus (DRHP), the initial share sale is entirely an Offer for Sale (OFS) of 15,731,942 equity shares by promoter group entities and existing investors.

Unique features of LIC IPO: Policyholder quota, differential discount

Life Insurance Corporation of India's (LIC's) landmark Rs 21,000-crore IPO will open for subscription on Wednesday

'65 million PAN numbers have been linked to LIC policies', says M R Kumar

The investor interest has been quite good. It is especially good as far as the domestic investors are concerned: M R Kumar

Failed to link PAN to policy? Apply for LIC IPO under retail/staff quota

Compared to Rs 60 discount under policyholder quota, you will get Rs 45 discount under these