The govt to soon file the final papers for LIC IPO with Sebi, which will provide details about the price band, discount for policyholders and retail buyers
Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)
LIC IPO: If investors agree with those calculations proposed by the government, LIC would join the league of India's biggest companies like RIL and TCS
Airport service aggregator platform Dreamfolks Services Ltd has filed preliminary prospectus with capital markets regulator Sebi to mop-up funds through an initial share-sale.
Mobilisation by way of initial offerings is already near the 2017 record tally of Rs 67,147 crore
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)
While 51% of profit-making companies had positive returns one year after IPO, for companies that bore losses in at least one in the previous three years, the proportion was 30%
Integrated steel company Shri Bajrang Power and Ispat Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 700 crore through an initial share-sale
Macrotech Developers Ltd, erstwhile Lodha Developers, on Tuesday raised Rs 740 crore from anchor investors, ahead of its initial public offer (IPO) that will hit the capital market on Wednesday.
Bitcoin has come off its highs after it crossed $40,000 this month, but is still up about 16% this year.
Antony Waste Handling Cell has priced its IPO between Rs 313 and Rs 315 per share. The IPO consists of a fresh issue of Rs 85 crore and an offer for sale of up to 6.8 million shares
Antony Waste Handling Cell's initial public offering was subscribed 1.98 times on the first day of subscription on Monday.
The company will sell an additional 169 million new shares should a so-called greenshoe option be exercised in full, the filing said
Market players said the lockdown and social distancing norms had made it difficult for companies, investment bankers and legal firms to do the paper work for IPO filings
Through the IPO, Happiest Minds was looking to raise Rs 110 crore in fresh capital
The company closed the financial year with a revenue of around Rs 2,500 crore and the valuation of Grofers is estimated to be close to Rs 6,000 crore.
The company said the issue was subscribed by both domestic as well as foreign investors
Build India Capital Advisors, Canara Bank, Indian Farmers Fertiliser Cooperative, Investcorp Private Equity Fund I are among the selling shareholders
This IPO is mainly to meet the regulatory requirement. RBI had asked the Bank to list on the bourses by September but this was delayed due to procedural issues
Systematix Corporate Services is the sole book running lead manager to the IPO