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
Analysts said total investments to provide tap water connections could be above Rs 1 trillion every year till FY24
At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally.
Retail investors were the key drivers of the momentum seen in the primary markets in FY21. The road in FY22, however, will not be easy as investors are likely to become choosier
Half a dozen IPOs could be launched in 4-6 weeks to raise up to Rs 10,000 cr
The net proceeds of the offer will be utilised to meet the long term working capital requirement of the company.
The company said the issue was subscribed by both domestic as well as foreign investors
Investment bankers say many have shelved listing plans; appetite healthy for share sales in large listed firms
While such a sale provides exits to PE investors and encourages promoters to list, it only results in change of equity ownership and doesn't really create new manufacturing or service capacity
The stock saw a weak debut due to prevailing market condition as the uncertainty regarding the effect of the coronavirus epidemic continued to keep investor sentiment in check.
Slew of companies in process of filing, re-filing public issue documents with the regulator
I also want to offload some stake to take care of the promoter level debt. But the amount is mainly for growth, says promoter
The second phase of UPI as a payment mechanism commenced from July 1
Exits through strategic sales/M&As created 69% of liquidity events
The largest initial share sale was from state-owned General Insurance Corporation of India for Rs 112.57 billion and the average deal size stood at Rs 18.25 billion