The stock listed at Rs 31, a decline of 6 per cent against the issue price on the BSE
Ant is poised to raise about $17.2 billion on Shanghai's STAR Market and roughly the same in Hong Kong, shattering the record set by Saudi Arabian Oil Co
Rising FPI registrations & inflows signify sustained interest of foreign investors in the Indian capital mkt, the regulator said
Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai
Apart from the fresh issue, there is an offer for sale (OFS) of a little over 34 million shares as part of the IPO
The net proceeds are proposed to be utilised towards augmenting the company's equity capital base to meet future capital requirements arising out of growth in business and general corporate purposes
Investment banking and legal fees, advertisement and marketing, listing fees and brokerage, and selling commission are the typical cost heads incurred by a company for an IPO
Net proceeds from the fresh issue are proposed to be utilised for funding the rollout of new company-owned Burger King Restaurants and for general corporate purposes
The IPO comprises fresh issuance of shares worth Rs 50 crore and offer of sale to the tune of Rs 500 crore by existing shareholders
A day earlier, the Chennai-based firm had allotted shares worth Rs 140 crore to anchor investors
A total of $95 billion was raised through 445 IPOs
The initial public offer of Equitas Small Finance Bank was subscribed 39 per cent on the first day of bidding on Tuesday
The two lapped up the bulk of shares during the offers for sale of HAL, Bharat Dynamics
In this podcast, Business Standard's Shrimi Choudhary discusses what has been done so far in the LIC IPO, what needs to be done to be on track and about the complexities surround the listing
Equitas Small Finance Bank (SFB) is likely to see good response for its Rs 520-crore IPO, going by the trend in the grey market
The stock closed the session at Rs 136.6, against the issue price of Rs 130 per share
ESFB filed the papers on October 11, EHL said in a regulatory filing. The prospectus was taken on record by the RoC on October 13, it added
UTI AMC IPO was subscribed 2.3 times, that is, it received bids for 6.31 crore equity shares as compared to the issue size of 2.73 crore shares
The last instance of an IPO listing at a discount was that of SBI Cards, in March. It, too, had ended 10 per cent lower amid the turbulence caused by the pandemic
The initial public offer (IPO) is entirely an offer-for-sale through which government will offload 8.66 crore equity shares, draft papers filed with Sebi showed