Investment bankers said the price bands became narrower as price discovery happened during roadshows for institutional investors
Offers consists of fresh equity issue of aggregating up to Rs 125 crore and OFS of Rs 890 crore
He said the debacle was a collective failure of the management and investment bankers
The Rs 1,013.6-crore IPO received bids for 5,55,12,051 shares against 80,79,491 shares on offer
In most cases, the demand in the anchor category gives an indication to how successful the IPO is likely to be
Covid is mentioned 78 times in the IPO document of FSN E-Commerce Ventures Ltd, which runs online beauty store Nykaa
Paytm plans to have "100 per cent flexible" working for its employees "for good", according to Sharma
Typically, HNIs borrow at 8 to 10 per cent from NBFCs to place leveraged bets in IPOs
Nykaa IPO: At the top-end of the band, the beauty startup will be valued at Rs 53,200 crore
The company is eyeing a valuation of $20-22 billion, sources said
41 companies have raised Rs 66,974 cr via IPOs so far this year; just Rs 173 cr shy of all-time high touched in 2017
Valuers are expected to finalise embedded value of LIC this month
At least six firms looking to raise Rs 20,000 crore to hit Street soon
An analysis of some trends in other markets suggests that it could be swimming against the tide
The deal values Volvo Cars at as much as $23 billion
The fund raise was twice the amount of funding received in Q3CY20 and an increase of 41% over the Q2CY21 figure
The IPO includes fresh issue of Rs 1,300 crore and anoffer for sale of up to Rs 250 crore by its promoter PR Cement Holdings, which currently holds 33.41% stake in the company
Mobilisation by way of initial offerings is already near the 2017 record tally of Rs 67,147 crore
Diversified company PKH Ventures Ltd has filed draft papers for an Initial Public Offering (IPO) with markets watchdog Sebi.
In March 2021, nine IPOs were launched but only one IPO hit the markets in April