The surge in Coinbase's private market valuation illustrates how the perceived value of the company has rallied hand-in-hand with the jump in the price of cryptocurrency bitcoin.
The IPO comprises fresh issuance of equity shares worth Rs 2,500 crore
Market players said the spate of recent weak listings forced high networth individuals (HNIs) to take gains at the table
The firm previously weighed plans for an initial public offering in London
Investors bid for nearly 30 million shares as against only 5 million on the offer
The firm is a leading manufacturer of acetyl intermediates and specialty intermediates
Pre-listing holding period reduced from 2 years to 1 year; open offer trigger relaxed from 26%to 49%
The calendar year 2021 has been a busy one for the primary markets with 17 mainboard issues already having hit the Street
The calendar year 2021 has been a busy one for the primary markets with 17 mainboard issues already having hit the Street
The stimulus unleashed by central banks globally in response to the Covid-19 pandemic also has driven flows from foreign investors into many emerging market shares, particularly India
The initial public offer of Suryoday Small Finance Bank was subscribed 2.37 times on the last day of subscription on Friday
The firm may come out with its initial share sale next week
The issue price is Rs 187
The IPO of Suryoday Small Finance Bank was fully subscribed on the second day of subscription
The size of the initial share sale is Rs 510 crore
SBI AMC, India's largest asset manager, is said to be planning an IPO too
Suryoday Small Finance Bank's initial public offer was subscribed 42 per cent on Wednesday
Nazara Technologies on Tuesday mopped up a little over Rs 261 crore from anchor investors
All the sectoral indices ended the day in the red with the Nifty Realty, Metal, and PSU Bank indices dropping up to 3 per cent
Tuesday was the last day of bidding