The Rs 100 crore-initial share sale of RBZ Jewellers received 16.86 times subscription on the closing day of bidding
May pick the lead bank in 2 weeks and DRHP expected in Jan-Feb
Tech start-ups do not reveal important numbers to back their narratives of consumer flywheels and unrelenting growth
After two years of preparation, the govt on Sunday approached SEBI to sell 5% stake in Life Insurance Corporation through Initial Public Offering. It expects to collect Rs 60,000 cr through this move
The markets gave a thumbs up to the budget. In an interview with Business Standard, Vice-Chairman and Joint Managing Director at First Global, Shankar Sharma, shared his views on this year's budget
The ongoing correction in capital market has not dented valuation of Kolkata-based ethnic wear major Vedant Fashions' initial public offer that aims to raise Rs 3,149 crore
Paytm's IPO was subscribed 1.89 times and Star Health's offer was subscribed 79 per cent
Exxaro Tiles is engaged in manufacturing and marketing vitrified tiles that are used mainly for flooring solutions
The largest-ever fresh fundraising through an IPO was by Reliance Power at Rs 10,123 crore in 2008
Siddharth Purohit of SMC Global Securities believes that given the stable RoE of 30% valuation, in terms of P/E ratio is likely to come down to 31x and 22x in FY21 and FY22, respectively from 43x.
Brokers expect pricing at Rs 600 apiece; bankers believe IPO could fetch Rs 450 a share