Ixigo IPO allotment will be finalised on June 13, listing is scheduled for June 18. The IPO received nearly nearly 98.34 times subscription
On June 07, Ixigo secured Rs 333.05 crore from anchor investors, offering a total of 35,811,405 shares
Kronox Lab Sciences IPO allotment will be finalised on June 6, the IPO received receives 117.25 times subscription on last day of offer
The price band for TBI Corn IPO is fixed at Rs 90 to Rs 94 per share, with a minimum lot size for an application set at 1200 shares
Go Digit General Insurance IPO to open bids from May 16-17 with a lot size of 55 shares. Here is everything you need to know about the company's IPO details, key dates, prices and allotment
The Initial Public Offering (IPO) of Nova Agritech Ltd, a manufacturer of agricultural inputs, got subscribed 33.82 times on the second day of subscription on Wednesday. The IPO received bids for 85,96,22,815 shares against 2,54,14,746 shares on offer, as per NSE data. The category for Non-Institutional Investors (NIIs) received 71.19 times subscriptions, while the portion for Retail Individual Investors (RIIs) subscribed 36.19 times. Qualified Institutional Buyers (QIBs) part got subscribed 1.12 times. The IPO comprises a fresh issue of equity shares worth up to Rs 112 crore and an Offer For Sale (OFS) component of 77.58 lakh equity shares by a shareholder Nutalapati Venkatasubbarao, who owns an 11.9 per cent stake in the company. On Friday, Nova Agritech had raised a little over Rs 43 crore from anchor investors. It has set a price band of Rs 39-41 per share for the issue. At the upper end of the price band, the maiden public issue is expected to mobilise Rs 143.81 ...
Tata Tech IPO: The shares of Tata Technologies will likely be listed on the bourses (BSE & NSE) on November 30
Following the issuance of the observation letter, Tata Play will now have to file an updated draft red herring prospectus (UDRHP-1) before it launches its IPO
Only 2 companies raised more than $500 mn via public offers in 2022
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.
In the grey market, which is an unofficial platform for trading in IPO shares, Adani Wilmar shares are available at a premium of Rs 40 as of today.
Mrs Bectors IPO beat issues by Mazagon Dock Shipbuilders and Burger King that were subscribed 157 times each
With an over-subscription of 157 times, Burger King India IPO became the second-most subscribed offer in calendar year 2020. The shares are expected to get listed on December 14
Investors may check the allotment status of their share either on the BSE or Link Intime India website.
The SBI Cards IPO is one of the largest share sale in recent times, both in terms of size and oversubscription
Smaller fund houses want a change in the rules on allocation in Initial Public Offers (IPOs) of equity.Some of them say preference in the anchor investor portion is given mostly to larger entities. Those not among the top 15 rarely get any. The issue is to be raised on Tuesday with the markets regulator, Securities and Exchange Board of India (Sebi). According to sources, Ajay Tyagi, the latter's chief, has called a meeting of MF chief executives.Any fund house may apply in an IPO in the Qualified Institutional Buyer (QIB) category, where allotment is made on a proportionate basis. Typically, half the issue size is reserved for QIBs. The bone of contention is the anchor allotment, where investment banks and the issuer usually decide whom to allot. Up to 60 per cent of the QIB portion may be allocated to the so-called anchor investors. While MFs compulsorily have to be allotted some part of the anchor book, the smaller ones say only the bigger fund houses get this. "If you look at ...