Page 51 - Initial Public Offering (ipo)

Laxmi Organic IPO subscribed 6 times on second day of subscription

The initial public offer of speciality chemicals manufacturer Laxmi Organic Industries Limited was subscribed 6.05 times on the second day of subscription on Tuesday. The issue received bids for 19,69,52,680 shares against 3,25,58,138 shares on offer, as per data available with the NSE. The category meant for qualified institutional buyers (QIBs) was subscribed 1.15 times, non institutional investors 2.48 times and retail individual investors(RIIs) 10.38 times. The initial public offer (IPO) aggregating up to Rs 600 crore comprises a fresh issue of up to Rs 300 crore and an offer for sale of up to Rs 300 crore. The offer is in a price range of Rs 129-130 per share. Laxmi Organics Industries on Friday garnered Rs 180 crore from anchor investors. Net proceeds from the issue will be utilised for setting up a manufacturing facility for fluorospecialty chemicals, working capital requirements, purchase of plant and machinery and upgrading existing units. In addition, funds would be us

Auto parts maker Craftsman Automation IPO subscribed 55% on Day 1

The initial public offer of auto component maker Craftsman Automation received 55 per cent subscription on the first day of bidding on Monday.

Chemicals maker Laxmi Organic IPO subscribed 2.28 times on Day 1

The firm is in the speciality chemicals space

SEBI approves Paytm UPI handle, helping firm in managing IPO applications

Paytm Payments Bank has entered into a partnership with Paytm Money to enable payment mandates for IPO applications

Anupam Rasayan IPO subscribed 3.64 times on second day of subscription

The firm is in the speciality chemicals space

Kolkata gaming company considering IPO, listing on LSE

A city-based entrepreneur is mulling to list his startup venture on the London Stock Exchange

Laxmi Organic Industries IPO opens today: All you need to know

The company has fixed the price band for the issue at Rs 129-130 per share. The IPO will close on March 17

Baidu looks to raise $3.03 billion in Hong Kong listing

The final price for Baidu's shares will be set on March 17

Sebi forms expert group to examine feasibility of SPACs

Capital market regulator Sebi has formed a group of experts to examine the feasibility of introducing Special Purpose Acquisition Companies (SPACs)

Easy Trip Planners IPO subscribed 159.30 times so far on last day

Easy Trip Planners' initial public offer was subscribed a whopping 159.30 times so far on the last day of subscription

Vodafone seeks to raise up to 2.8 billion euros from towers IPO

The base offer size is 2 billion euros, but there is scope to increase it to 2.8 billion euros

Craftsman Automation to list shares at Rs 1,488 at least for March 15 IPO

Craftsman Automation is a diversified engineering company, with vertically integrated manufacturing capabilities

Deliveroo launches London IPO after business surges in 2020

The initial public offering (IPO) is expected to value Deliveroo at more than $7 billion

US grocery firm Instacart mulls direct listing in snub to IPOs: Report

IPOs have been on a tear since last summer

BS READS: Restaurant chain to realtor - 6 IPOs to track this listing season

Startups, PSUs and big-ticket brands all plan to list, continuing a trend that raised about Rs 7,375 crore in January. Akash Podishetty evaluates six companies that are planning to bring their IPOs

Logistics firm Seven Islands files for Rs 600 crore public issue

The firm said it has filed papers with markets regulator Sebi for a public offering to raise up to Rs 600 crore

Heranba Industries IPO to open on Feb 23; to raise Rs 625 crore

The price band for the initial public offer has been fixed at Rs 626-627 per share

Nureca initial public offering subscribed 5.73 times on first day

The firm is the home healthcare and wellness space

Arohan Financial files paperwork for Rs 1,800 cr initial public offering

Arohan Financial Services, a non-banking financial company, has filed draft papers with markets regulator SEBI for its proposed initial public offer (IPO). As per market sources, the Kolkata-based company plans to raise between Rs 1,750 crore and Rs 1,800 crore. The public offer of the Aavishkaar Group promoted company comprises a fund raise through a fresh issuance of shares amounting to Rs 850 crore. The company will have an offer for sale of 2,70,55,893 equity shares by Maj Invest Financial Inclusion Fund II K/S, Michael & Susan Dell Foundation, Tano India Private Equity Fund II, TR Capital III Mauritius and Aavishkaar Goodwell India Microfinance Development Company II Ltd, according to Draft Red Herring Prospectus (DRHP). The net proceeds from the fresh issue will be utilised for augmenting the company's capital base to meet their future capital requirements. Edelweiss Financial Services Ltd, ICICI Securities Ltd, Nomura Financial Advisory and Securities (India) Private ...

Bumble's 31-year-old CEO Wolfe Herd becomes a rare female billionaire

Bumble's IPO launches Herd into a rarefied club of self-made female billionaires