Those who invest in an IPO are among the first to buy shares in the company after it goes public and hence there is a price discovery that is yet to happen
Those who invest in an IPO are among the first to buy shares in the company after it goes public and hence there is a price discovery that is yet to happen
A price band of Rs 345-350 apiece per share has been fixed for the IPO that will conclude on September 11
Issue involves fresh fundraise of Rs 1,000 cr and Rs 750 cr secondary share sale by promoter T S Kalyanaraman and PE firm Warburg Pincus
Hits an intra-day high of Rs 307 and a low of Rs 300 on NSE, before closing at Rs 303 a unit
Public market sales accounted for 80 per cent of the exit value in H1 2020, mainly due to SBI Cards' $1.4 billion IPO
A concurrent listing of Ant - one of the world's most hotly-anticipated IPOs - would be a boost to both cities' status as capital market centres
On Tuesday, the IPO garnered bids for 24.3 million shares as against 8.17 million available
Ready to invest at Rs 12-15 per share, a 50 per cent discount to current market price
So far this year, only seven companies, looking to raise less than Rs 6,500 crore, have filed their DRHPs
People in the know said Sebi has reservations over certain compliance issues
Investment bankers say many have shelved listing plans; appetite healthy for share sales in large listed firms
Kitchen appliance maker Stove Kraft gets Sebi's go-ahead to launch IPO
Educated in Mumbai, where his father worked on Dalal Street, Damani dropped out of college after studying commerce for a year.
A look at LIC's journey since being set up under the LIC Act of 1956 to understand why it continues to control the bulk of India's insurance market even 20 years after its monopoly ended
SEBI issued the final observations to the lenders proposal on March 20, 2020.
TMB has 20,600 shareholders
The SBI Cards IPO is one of the largest share sale in recent times, both in terms of size and oversubscription
Regulators, bankers in a huddle to resolve issue
Grey market premiums have dropped to 10% after last week's market fall.