Page 54 - Initial Public Offerings Ipos

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Market boom, success of global start-ups key drivers

Top headlines: Sebi panel to study IPO books, Byju's sets US targets

Business Standard brings you the top headlines on Wednesday

Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report

The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital

Yatharth Hospital & Trauma Care Services files initial papers for IPO

Yatharth Hospital & Trauma Care Services Ltd has filed preliminary papers with Sebi for an initial public offering that will include sale of fresh equity shares worth Rs 610 crore. The company operates and manages private hospitals in the Delhi-NCR region. The Initial Public Offering (IPO) consists of a fresh issue of equity shares aggregating up to Rs 610 crore and an Offer For Sale (OFS) offer for sale of up to 65.51 lakh equity shares by the company's promoters and promoter group entities. As many as 37.43 lakh equity shares would be sold by Vimla Tyagi, 20.21 lakh equity shares by Prem Narayan Tyagi and 7.87 lakh equity shares by Neena Tyagi. The company may also consider a pre-IPO placement aggregating up to Rs 122 crore. The firm intends to utilise the net proceeds for repayment or prepayment in full or part of certain borrowings availed by the company and its subsidiaries, and for funding capital expenditure expenses, among others. The proceeds will also be used for fundin

Gujarat Polysol Chemicals files DRHP for Rs 414-crore IPO

The company will use the net proceeds towards repayment or pre-payment in full or in part of all borrowing availed by the company and general corporate purposes

Investment bankers add weight to Jhunjhunwala's take on realty IPOs

Top private property developers say IPOs are just one source of fundraising

Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday

The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit D-street in March

Top headlines: LIC IPO, BSE500 headline P/E falls, Tata Steel's NINL bid

Business Standard brings you the top headlines at this hour.

'LIC IPO expected to hit market by Q4FY22,' says DIPAM Secretary

The government will invite financial bids for privatising as many as many as six CPSEs, including BPCL, BEML and Shipping Corp, by January, a top government official said on Wednesday. Tuhin Kanta Pandey, Secretary in the Department of Investment and Public Asset Management (DIPAM), also invited private players to bid for the CPSEs, which are up for privatisation, along with transfer of management control. After 19 years, we will see 5-6 privatisation this year. BPCL is in the due diligence stage. BEML, Shipping Corp, Pawan Hans, Central Electronics, NINL financial bids can take place in December-January so that we can close it by this year itself, Pandey said. Speaking at the CII Global Economic Policy Summit 2021, the secretary said the initial public offering of Life Insurance Corporation (LIC) is expected in the January-March quarter of this fiscal. On LIC IPO, we are working very hard. For the capital market, it will be a very big event in the first quarter of 2022, Pandey ...

True North, Sequoia-backed Cloudnine files draft papers with Sebi for IPO

Kids Clinic India Ltd, which operates super-specialty mother and babycare chain Cloudnine, has filed preliminary prospectus with Sebi to raise Rs 1,200 crore through an initial share-sale

Agrochemicals firm Dharmaj Crop Guard files IPO papers

The offer also includes a reservation for subscription by eligible employees

LG Energy Solution jumps in debut to become S Korea's second-most valuable

LGES shares opened at 597,000 won versus an IPO price of 300,000 won. But the shares fell as much as 25% in early trading

Successful IPOs bolster investor confidence for exit: Darius Pandole

Infrastructure has investment opportunities estimated worth more than Rs 50 trillion, says industry leader

Adani Wilmar fixes IPO price band at Rs 218-230 per share

The public issue of Adani Wilmar comprises fresh issue of equity shares and there will not be any secondary offering

South Korea's IPO boom leaves investment banks short changed

Hong Kong IPOs generally pay fees of 2%, in line with the New York Stock Exchange, while Nasdaq listings net bankers an average of 3.4%,

IPO-bound India1 Payments aims to deploy 20,000 ATMs in next 4-5 years

It is the second largest ATM brand in the semi-urban and rural areas after State Bank of India (SBI)

AGS Transact Technologies prices IPO at Rs 166-175 per share

The IPO will open on January 19 and conclude on January 21

Braithwaite & Co aims at Rs 2,500 crore revenue, IPO by FY26

State-run Braithwaite & Co Ltd is aiming at a four-fold increase in its revenue to Rs 2,500 crore and planning to hit the capital market with an Initial Public Offer by the 2025-26 fiscal, a top company official said on Thursday. The public sector undertaking has made a turnaround in the last three years and posted Rs 609 crore revenue in 2020-21, he said. The PSU company under the administrative control of the Ministry of Railways is expecting to touch Rs 700 crore topline in the current fiscal. We have already achieved Rs 488 crore revenue till the third quarter (October-December) of the current financial year and are on track to post Rs 700 crore turnover by March. We are confident to have a topline of Rs 2,500 crore by FY26, Braithwaite & Co Ltd chairman and managing director Yatish Kumar said. The company now has an order book of Rs 1,700 crore. "We will go for listing to raise money via IPO after achieving a revenue of Rs 2,500 crore and a healthy profit for better ...

Dozen IPOs likely to raise Rs 16,000 crore in March quarter

Emcure Pharmaceuticals, ESDS Software Solutions, AGS Transact Technologies, Waaree Energies, Hexagon Nutrition, and Ixigo are among the companies that could launch their issues this quarter

Top headlines: Omicron brings curbs back, MF industry assets surge 30%

India questions China's developing country status on per capita basis. Read more about that in today's top headlines