Page 29 - Initial Public Offerings

Burger King India IPO to open next week: Should you subscribe?

The initial public offering (IPO) will open on December 2, for three days. The price band for the IPO has been set at Rs 59-60 per share

Burger King IPO to open on December 2; here is all you need to know

Burger King IPO will remain open till December 4 with a price band of Rs 59-60 per share

Gland Pharma IPO: Expensive at a price tag of 30x the FY20 earnings

While prospects remain strong led by niche products and a differentiated business model, relatively rich valuations leave limited scope for upside in near-term

RailTel Corporation gets Sebi's go-ahead to float Rs 700-crore IPO

State-owned RailTel Corporation of India Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 700 crore through an initial share-sale. The initial public offer (IPO) is entirely an offer-for-sale through which the government will offload 8.66 crore equity shares, according to draft papers filed with Sebi. The company, which filed its IPO papers in October, obtained the regulator's observation on November 6, an update with Securities and Exchange Board of India (Sebi) showed on Monday. The regulator's observation is necessary for any company to launch public issues like initial public offering, follow-on public offer and rights issue. According to merchant banking sources, the IPO is estimated to fetch Rs 700 crore. The miniratna PSU is one of the largest neutral telecom infrastructure providers in the country, owning an optical fibre network on exclusive Right of Way (RoW) along the railway track. The company provides broadband telecom and multimedia networks ac

Jack Ma's Ant Group seeks to raise $35 billion in biggest-ever IPO

The company's much-anticipated IPO is on track to surpass Saudi Aramco's $29 billion sale last year

Divestment strategy: Govt to avoid ETF, OFS to protect stock value

ETFs have been a favoured strategy for the government, with around 80 per cent of last fiscal year's sale proceeds coming from such transactions.

Equitas SFB prunes IPO size by half to Rs 518 cr, issue opens Oct 20

Price band fixed at Rs 32-33 a share; promoter stake to drop to 82-83% from 95.49% currently

Mazagon Dock Shipbuilders IPO: Here's how to check share allotment status

The retail portion was subscribed nearly 4 times, while the institutional investor category was over-bid by 90 times

Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times

The last hugely subscribed PSU IPO was that of IRCTC last year

Mazagon Dock Shipbuilders IPO opens today, gets thumbs up from brokerages

The company is primarily engaged in constructing and repairing warships and submarines for MoD and other types of vessels for commercial clients

Equitas SFB revises offer size for proposed initial public offering

Equitas Small Finance Bank had received the Sebi's approval for the IPO on March 3

Angel Broking IPO subscribed 2x so far on Day 3; retail portion at 3.4x

The offer received bumper response from retail investors who have subscribed the issue 3.4 times so far on Day 3 of the issue. However, the IPO failed to get any subscription from QIBs

Angel Broking's IPO subscribed 1.46 times on second day of bidding

The category meant for non institutional investors was subscribed 31 per cent and that of retail individual investors 2.79 times.

CAMS IPO: Issue subscribed 34 times on day 3; HNI bids at 91.5 times

The portion of qualified institutional buyers was subscribed 42.25 times

Applying for an IPO? Here are the things that you should keep in mind

Those who invest in an IPO are among the first to buy shares in the company after it goes public and hence there is a price discovery that is yet to happen

Tech firm CAMS' IPO subscribed 1.93 times on second day of bidding

The initial public offer is of up to over 1.82 crore shares and is in the price range of Rs 1,229-1,230 per share

MARKET WRAP: Sensex tanks 812 pts amid weak global cues; India VIX up 13%

All that happened in the markets today

Angel Broking to launch Rs 600-cr initial public offering next week

Angel Broking will be looking to ride the boom in broking industry seen this financial year

India Inc looks to raise more than Rs 50,000 crore from IPOs in FY21

At least 80 companies are in the process to tap the primary market to raise approximately Rs 51,515 crore equity capital in FY 2020-21 with benchmark indices up by 50% since March

Happiest Minds IPO subscribed 151 times, sees bids worth Rs 58,000 cr

Through the IPO, Happiest Minds was looking to raise Rs 110 crore in fresh capital