Page 24 - Initial Public Offerings

LIC IPO: Govt plans to tap around 180 investors in mega roadshows

As many as nine virtual roadshows being held daily over 20-day period

Adani Wilmar IPO subscribed 1.13 times on the second day of offering

The IPO of up to Rs 3,600 crore is in a price range of Rs 218-230 per share

Dreamfolks Services files draft papers with Sebi to raise funds via IPO

Airport service aggregator platform Dreamfolks Services Ltd has filed preliminary prospectus with capital markets regulator Sebi to mop-up funds through an initial share-sale.

IPO craze to continue in Q4; 23 cos line up public issues worth Rs 44k cr

The primary market will see frenetic activity in the March 2022 quarter with nearly two dozen companies are looking to collectively raise nearly Rs 44,000 crore through initial share-sale

Fairy dust year for fund-raising: Rs 1.8 trillion raised via equities

Initial public offerings to get the biggest slice of fund-raising pie in 2022

Volatility likely to challenge over Rs 2-trillion IPO pipeline in CY22

Pricing of issues has to be mindful, say experts

Keeping your head when others are losing theirs

Pointing to gold, the only important exception to the intrinsic-value rule is a very weak justification for arguing that Bitcoin will retain its value

Record public offerings binge in 2021 leaves investors hung over

The IPO pipeline for the first quarter of 2022 is strong

CMS Info Systems IPO subscribed 1.95 times on last day of offer

CMS Info Systems had priced its IPO between Rs 205 and Rs 216 per equity share

Foxconn's India subsidiary Bharat FIH files for Rs 5,000-crore IPO

Foxconn's Bharat FIH is India's largest EMS provider to the mobile phone industry, with a 23 per cent market share in FY 2021

CMS Info Systems subscribed 52%, Asianet files for Rs 765-crore IPO

The stocks of branded footwear retailer Metro Brands made a weak debut on the bourses on Wednesday

CMS Info Systems IPO subscribed 42% on first day of the issue

Axis Capital, DAM Capital Advisors, Jefferies India, and JM Financial are the book-running lead managers to the issue.

MedPlus IPO subscribed 1.46 times on second day of subscription

Pharmacy retail chain MedPlus Health Services' initial public offer was subscribed 1.46 times on the second day of subscription on Tuesday.

Supriya Lifescience IPO to open on Dec 16; price band at Rs 265-274/share

The Rs 700 crore IPO comprises a fresh issue of Rs 200 crore and an offer for sale of Rs 500 crore.

Stay away from secondary IPOs, there's conflict of interest: Zomato's Goyal

The Zomato CEO also talked about an e-mail from Info Edge founder Sanjeev Bikhchandani on how the company should price its IPO

Govt fails to join IPO bandwagon, share of PSUs less than 5% in 2021

Only two public sector undertakings (PSUs) have managed to launch their IPOs, together raising less than Rs 5,500 crore

Reflections of a rookie private market investor

Committing capital to younger companies is full of promise, but there are a few factors investors need to watch out for

Raymond's board approves JK Files & Engineering's Rs 800-crore IPO

Diversified group Raymond Ltd on Wednesday said its board has approved the listing of its subsidiary JK Files & Engineering Ltd (JKFEL), a company that is in the business of auto parts. The initial public offering (IPO) will also comprise an offer-for-sale (OFS) of Rs 800 crore, said the country's leading fabric and apparel manufacturer Raymond in a statement. Moreover, the IPO will not have any fresh issuance of shares and will be undertaken subject to requisite regulatory approvals and market conditions, it added. "We hereby inform that the board of directors of JKFEL, a wholly-owned material subsidiary of Raymond Ltd at its meeting held on November 30, 2021, approved an IPO comprising of an OFS for Rs 800 crore, subject to such variation as permitted under applicable law," it said. It further said that in this regard, the company's board of directors, at its meeting held on Wednesday, approved the OFS for Rs 800 crore, subject to such variation as permitted under applicable law

Ten companies receive Sebi's go-ahead to raise funds through IPOs

Others include VLCC Health Care and Metro Brands

Fresh capital raised by firms via IPOs at record high of Rs 39,254 cr

The highest fresh capital this year was raised by food delivery firm Zomato (Rs 9,000 cr), followed by Paytm parent One 97 Communications (Rs 8,300 cr), and PB Fintech (Rs 3,750 cr)