Rajni Bector started Mrs Bectors with an investment of Rs 300. Recently the company's IPO was oversubscribed 198 times, raising Rs 541 crore
The proceeds will be used for repayment of debt, the firm said in the draft red herring prospectus (DRHP
Four of the five most-subscribed initial public offers are down 12-71% over day-one listing gains
The portion reserved for employees was subscribed the most (30x); the retail investors' portion was subscribed 16.4x, the wealthy investor portion 8.6x, and the institutional investor portion 4.7x
A stock market debut sets up a clash between US rivals as listed peers in India
The company on Monday had allotted shares worth Rs 162 crore to anchor investors
Eliciting robust response from investors, the initial share sale of Mrs Bectors got oversubscribed within a few hours of opening for subscription Tuesday and ended the day with 3.72 times subscription
V Jayasankar, senior executive director and head of equity capital markets, Kotak Investment Banking, says the huge listing day pop is partly because of technical factors.
The companies had raised Rs 20,300 crore through IPO route in 2019
Airbnb reserved $238 million worth of stock for its hosts, according to company filings
The FTSE Renaissance Global IPO Index, which tracks the performance of offerings worldwide, is up 82 per cent this year, compared with a 12 per cent gain for MSCI's all-country equity index
The issue comprises of Rs 40 crore of fresh capital raise and Rs 500 crore of secondary share sale by four existing shareholders
Lower public shareholding norms should help large IPOs
The post-listing market capitalisation for the company stands at Rs 29,848 crore, helping it break into the top 10 valuable pharma firms in the country
In conversation with Shine Jacob, RailTel's Chairman and Managing Director PUNEET CHAWLA talks about how its business improved during Covid and the IPO road map
The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 5,840,000 equity shares by private equity firm Sequoia Capita
Institutional portion sees 6.4x subscription; HNIs, retail investors give issue a miss
Ant faces more scrutiny, tougher China regulatory requirements
Fosun-owned Gland Pharma sets price band for its IPO at Rs 1,490-1,500 per share
Shanghai, HK postpone listing two days before trading