Page 23 - Ipo Activity

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.

Lodha Group's Rs 2,500-crore IPO subscribed 26% on Day 1

A day earlier, the company allotted shares worth Rs 740 crore to anchor investors

Canara Bank, PNB, SBI: How to trade PSU bank stocks post Budget 2021?

A decisive close above 2,000 mark on Nifty PSU index may open doors for 2,200 levels going ahead

IPO street: From Zomato to InMobi, 2021 could be the year of start-ups

The country has realised the potential of start-ups that have disrupted traditional businesses (or ways of doing business) and have garnered large market share, across segments

Happiest Minds IPO subscribed nearly 3 times on first day of issue

Digital IT services company, promoted by former MindTree chairman, works in cloud services, SaaS, analytics.

JM Financial raises Rs 770 cr via QIP, issues 110 mn shares

The company said the issue was subscribed by both domestic as well as foreign investors

YES Bank fallout: SBI Cards may see some negative impact on listing

A plan to infuse capital in YES Bank where it continues to function as a separate entity just like LIC investing in IDBI Bank, would be a big positive for all the concerned stakeholders, analysts say

Prince Pipes and Fittings IPO opens today. Should you subscribe?

Price band of the offer has been fixed at Rs 177-178

Ujjivan Small Finance Bank IPO opens today. Should you subscribe to it?

Established in 2017, the Ujjivan Financial Services-controlled Small Finance Bank offers small finance to underserved and unserved segments in India.

IRCTC makes grand debut, doubles over issue price; should you book profit?

The state-owned company raised Rs 645 crore through its initial public offer (IPO).

IPO activity drops in September quarter amid volatility in secondary market

In terms of number of deals, India ranked sixth globally

IRCTC IPO fully subscribed; sees strong demand from retail investors

The issue was subscribed about 81 per cent on the opening day of bidding on Monday. The price range for the initial public offering (IPO) has been fixed at Rs 315-320 per share.