Unlisted shares of Swiggy traded at a premium in the grey market ahead of its IPO launch today. Should you subscribe? Here's what brokerages recommend
Softbank-backed Swiggy IPO will be open for public subscription from Wednesday, November 6, to Friday, November 8, 2024. Bidding for anchor investors is expected to take place on Tuesday, November 5
Brokerages remain optimistic about Swiggy's public offering and have broadly recommended the investors to subscribe to the issue for the long-term perspective
Sagility India Ltd, a technology-enabled services provider in the healthcare services space, on Monday said it has mobilised over Rs 945 crore from anchor investors, a day before its initial share-sale opening for public subscription. Nomura Funds Ireland, Government Pension Fund Global, Florida Retirement System - Allspring Global Investments, LLC (EMSC), Amundi Funds New Silk Road, and Goldman Sachs (Singapore) Pte are among the top anchor investors, according to a circular uploaded on the BSE website. Additionally, ICICI Prudential Mutual Fund (MF), HDFC MF, Motilal Oswal MF, Max Life Insurance Co Ltd, and ICICI Prudential Life Insurance Company have participated in the anchor round. As per the circular, Sagility India has allotted 31.51 crore equity shares to 52 funds at Rs 30 apiece. This aggregates the transaction size to Rs 945.40 crore. Of the total allocation of shares to the anchor investors, 11.84 crore were allocated to eight domestic mutual funds through 26 schemes. T
The public offering comprises a fresh issue of 108,108,108 shares and an offer for sale, with the promoters Bupa Singapore Holdings and Fettle Tone offloading 189,189,189 shares
Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO open on Wednesday
The company's initial public offering (IPO) comprises a fresh issue of equity shares with a face value of Rs 10 each, aggregating up to Rs 900 crore
HDFC Bank, which holds a 94.6 per cent stake in the lender, will sell shares worth up to Rs 10,000 crore, while HDB Financial will issue fresh shares worth up to Rs 2,500 crore
The public offering is entirely an offer for sale. Through the Sagility India IPO, the promoter, Sagility B.V., is offloading 702,199,262 shares with a face value of Rs 10 apiece
Food and grocery delivery company expected to announce its IPO price band on Wednesday
Once the allotment is finalised, investors can check the allotment status by visiting the official websites of BSE, NSE, or Link Intime India, the registrar for the issue
The initial public offer of Shapoorji Pallonji Group's flagship infrastructure engineering and construction firm Afcons Infrastructure got fully subscribed on the last day of share sale on Tuesday and ended with 2.63 times subscription. The Rs 5,430-crore initial share sale received bids for 22,78,13,728 shares against 8,66,19,950 shares on offer, as per NSE data. The category for non-institutional investors received 5.05 times subscription while the quota for Qualified Institutional Buyers (QIBs) got subscribed 3.79 times. The portion meant for Retail Individual Investors (RIIs) got 94 per cent subscription. Afcons Infrastructure Ltd (AIL) on Thursday said it has mopped up Rs 1,621 crore from anchor investors. The price band has been fixed at Rs 440-463 per share. The IPO is a combination of a fresh issue of shares worth Rs 1,250 crore and an offer for sale (OFS) of up to Rs 4,180 crore by promoter Goswami Infratech Pvt Ltd. The Maharashtra-based company will utilise Rs 80 crore
Non-Institutional Investors (NIIs) have placed the highest bids for the Afcons Infrastructure IPO, with their quota oversubscribed by 1.43 times
The rise in NTPC share price came after the market regulator Securities and Exchnage Board of India (Sebi) approved NTPC Green Energy's initial public offering (IPO)
The IPO will open for bids from Nov. 6 to Nov. 9, and shares are expected to start trading from Nov. 13
The initial public offering (IPO) of Shapoorji Pallonji Group's flagship infrastructure engineering and construction firm Afcons Infrastructure received 36 per cent subscription on the day two of the share sale on Monday. The initial share sale received bids for 3,15,57,920 shares against 8,66,19,950 shares on offer, as per NSE data. The portion for non-institutional investors fetched 72 per cent subscription while the category for retail individual investors (RIIs) got subscribed 36 per cent. The qualified institutional buyers (QIBs) part received 8 per cent subscription. Afcons Infrastructure Ltd (AIL) on Thursday said it has mopped up Rs 1,621 crore from anchor investors. The Rs 5,430-crore IPO will remain open till Tuesday. The price band has been fixed at Rs 440-463 per share. The IPO is a combination of a fresh issue of shares worth Rs 1,250 crore and an offer for sale (OFS) of up to Rs 4,180 crore by promoter Goswami Infratech Pvt Ltd. Currently, promoter and promoter grou
NTPC Green Energy -- the renewable energy arm of NTPC, and Avanse Financial Services Ltd -- an education-focused NBFC, has received Sebi's go-ahead to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Monday. NTPC Green Energy and Avanse Financial Services are looking to garner Rs 10,000 crore and Rs 3,500 crore through initial share-sales, respectively. The two companies, which filed their preliminary IPO papers with Sebi between July and September, obtained their observations during October 22-23, the update showed. In Sebi's parlance, obtaining observations means its go-ahead to float the public issue. NTPC Green Energy's initial share-sale is entirely a fresh issuance of equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP). Of the total proceeds, Rs 7,500 crore will be used to repay or prepay part or all of its subsidiary NTPC Renewable Energy Ltd's (NREL) outstanding loans
Afcons Infrastructure IPO, which is available at a price band of Rs 440-463 and a lot size of 32 shares, is set to close for subscription on Tuesday, October 29, 2024
Once the allotment is finalised, investors can check the allotment status by visiting the official website of BSE, NSE or Link Intime India, the registrar for the issue
Shares of Waaree Energies are expected to make their debut on the bourse on Monday, October 28, 2024. Here's what the Grey Market Premium (GMP) hints at for the likely listing gains