Page 23 - Ipo Activity

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

Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22

Around two-thirds of overall IPO clients have been onboarded from three states - Gujarat, Rajasthan and Maharashtra

Exxaro Tiles makes tepid debut; lists at 5% premium over issue price

Exxaro Tiles is engaged in manufacturing and marketing vitrified tiles that are used mainly for flooring solutions

Krsnaa Diagnostics lists at 7% premium over issue price on BSE

The initial public offer (IPO) of KDL got a strong response from the investors as the issue got subscribed 64.38 times

Latent View files draft papers with SEBI to raise Rs 600 cr via IPO

Data analytics services provider has filed preliminary papers with capital markets regulator.

Markets could consolidate at current levels: Harshad Patil, Tata AIA Life

The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said

IPO frenzy: 24 stocks that more than doubled your money in two years

Given the subscription levels of some of the recent IPOs, analysts have started to be cautious and suggest investors do not subscribe to every IPO that hits the Street

Should you bid for loss-making Devyani International's Rs 1,800 crore IPO?

At the upper end of the price band, Devyani is offered at 9.5x market capitalisation/sales as per FY21 financial statement, compared to peers like Jubilant Foodworks (15x), Westlife Development (8.8x)

How to check live subscription status for IPOs on NSE and BSE?

According to Ajit Mishra, VP - Research at Religare Broking, the subscription ratio gives an idea about what investors think about an IPO and one can look at it before subscribing to the issue

'You feel numb': India's markets keep rising as traders cope with Covid-19

Booming markets have left industry swamped with work at a time when many employees have been sickened by the virus.