IPO rush encourages early stage investor to dial-up deals up to Series C rounds
SBI currently holds 63 per cent stake in the mutual fund company and the remaining 37 per cent stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding
A decision to shift to Hong Kong was made after regulatory approval for FWD's planned U.S. IPO of $2 billion to $3 billion was delayed.
Sources said an official announcement would be made to the Hong Kong Stock Exchange shortly
Investors are turning increasingly skeptical about IPOs as a record year for Indian listings draws to a close
Data Patterns (India), which supplies electronic systems to defence and aerospace sector, on Thursday said it has fixed a price band of Rs 555-585 a share for its Rs 588 crore initial public offering
South Korean biopharmaceutical firm SK Bioscience's IPO raised $1.3 billion for the firm, which is a local Covid-19 vaccine-production partner with AstraZeneca Plc.
Inox Wind on Monday said the board of its arm Inox Green Energy Services Ltd has approved fund raising of Rs 500 crore through an initial public offering of its equity shares
A total of Rs 52,759 crore has been raised by 61 firms through IPOs till October this fiscal, higher than the funds mopped up through this route in the last financial year, govt said
The Rs 660-crore initial share-sale received bids for 2,55,81,204 shares against 84,75,000 shares on offer
It was subscribed at just 79%, getting bids worth $427.37 million, despite it extending the subscription period for its offering
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Popular is set to be the first Indian auto dealership in a highly fragmented market to list
Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.
As many as 16 issues cumulatively worth over Rs 22,000 crore are expected to hit the market during the month.
As many as 10 companies, including Gemini Edibles & Fats India, defense supplier Data Patterns (India) Ltd, and digital mapping company MapMyIndia have received markets regulator Sebi's go-ahead to raise funds through IPOs. The other firms that received the approval to float the initial public offerings (IPOs) are -- AGS Transact Technologies, Electronics Mart India, India1 Payments, Healthium Medtech, VLCC Health Care, Metro Brands, and Godavari Biorefineries. These 10 companies, which filed their preliminary IPO papers with Sebi between August and September, obtained observations letter from the regulator during November 22-26, an update with the markets watchdog showed on Monday. In Sebi parlance, the issuance of an observations letter implies its go-ahead for the IPO. Going by the draft papers, edible oil company Gemini Edibles & Fats India is looking to raise Rs 2,500 crore through its IPO, which is entirely an offer for sale (OFS) by the company's promoter and existing
The IPO-bound India1 Payments, promoted by the Banktech Group of Australia and formerly known as BTI Payments, has said that it has crossed a milestone of deploying 10,000-white-lable ATMs
Two companies Star Health and Allied Insurance Company and Tega Industries are set to float their initial public offerings (IPOs) next week to cumulatively raise Rs 7,868 crore
Tega Industries, manufacturer of consumables for the mining industry, on Friday said it has fixed a price band of Rs 443-453 a share for its Rs 619-crore initial share-sale.
The book managers of LIC are reaching out to as many as 100 global investors, including global fund managers, pension fund managers, and private equity funds