Page 22 - Ipo Activity

The bells of Dalal Street welcome nine new SME IPOs today; what are these?

The first nine months of 2022 have already seen 87 SMEs make their IPOs, earning a total of Rs 1,460 crore

Stricter disclosure norms may trigger DRHP filing rush in next two months

Industry players expect companies to advance their DRHP filings before new rules kick in

Retail IPO applications down by over 50% in H1FY23, shows data

Firms raised a total of Rs 36,535 cr in the period, 30.2% less than Rs 52,325 cr last yr

Harsha Engineers soars 47% on debut after strong demand for shares in IPO

At the last close, the company was valued at Rs 4,424 crore

Sebi likely to step up disclosure norms for IPOs of new-age companies

Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar

Harsha Engineers International IPO subscribed 10.35 times on Day 2 of issue

The company allotted 68.4 lakh shares at Rs. 330 per share

Harsha Engineers IPO to open Sep 14, price band Rs 314-330 a share

Fresh fund raise Rs 455 crore, secondary share sale Rs 300 crore; company eyeing Rs 3,000 crore valuation; firm makes brass, steel and polyamide cages and stamped components

Tamilnad Mercantile Bank IPO subscribed 2.9x on strong retail interest

Response muted when compared to previous two IPOs; Lender to issue 15.84 million fresh shares via offering

Tech companies likely to lead primary market revival in India: HSBC

Thus far in calendar year 2022, Indian companies have raised over 40,000 crore from the primary markets via the IPO route, data from PRIME Database showed.

Tamilnad Bank IPO subscribed 1.5x on Day 2, issue closes Wednesday

The priced band for the IPO is Rs 500-525 per share

DreamFolks Services IPO: Grey market premium jumps 15% on strong demand

In the grey market, shares of Dreamfolks Services were trading at Rs 75 per share, which implies listing at Rs 401 per share against the upper price band of issue price.

DreamFolks Services IPO is open for subscription, should you Subscribe?

The DreamFolks Services IPO saw strong demand from retail investors, with subscribtion of up to 8x the alloted quota. The HNI segment was also oversubscribed at the end of Day 1 of the offer period.

LIC's mega Rs 21,000-cr IPO does little to lift demat tally in May

The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added

Murthy advises start-ups not to see IPOs as 'surrogate' for a funding round

Says that isn't a good thing as an IPO comes with great responsibilities; points to pressure from VCs as a reason for IPO move by companies

IPO subscriptions: Process only money-backed ASBA applications, says Sebi

Latest directive follows instances during LIC's IPO where certain applications had to be cancelled as they didn't have sufficient funds in bank accounts

Aether Industries' IPO subscribed 6.3 times on final day of offer

Aether's Rs 808-crore offering capped a busy month for IPOs, which saw a cumulative mop up of Rs 30,140 crore by eight companies

LIC IPO: Will the reduced offer size help garner investor interest?

While analysts remain mixed on how the government's largest-ever IPO would perform on Dalal Street, they expect the issue to sail through as the markets have staged strong recovery from March lows.

Manyavar owner Vedant Fashions IPO: Know price, GMP, size, other details

Vedant Fashions will open for subscription on February 4. From IPO price to Vedant Fashions IPO GMP, here's all you need to know

Nykaa, Paytm: Recent IPOs down 48% from 52-week high. Should you buy any?

Calendar year 2021 (CY21) was one of the most remarkable years for the primary markets where nearly Rs 1.2 trillion was mopped up till early December by 66 companies

Sigachi Industries IPO subscribed 101.91 times on last day of the offer

The initial public offer of the company received a whopping 101.91 times subscription