Page 21 - Ipo

Aadhar Housing Finance sets IPO price band of Rs 300 to Rs 315 per share

Aadhar HFC provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension

Travel distribution firm TBO Tek eyes Rs 1K cr via IPO; issue to open May 8

Travel distribution firm TBO Tek Ltd is looking to raise Rs 1,000 crore through its initial share sale, which will open for public subscription on May 8. The Initial Public Offering (IPO) will conclude on May 10 and the bidding for anchor investors will open for a day on May 7, according to the Red Herring Prospectus (RHP). The company's maiden public issue comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer-for-Sale (0FS) of up to 1.25 crore equity shares by promoters and investors. According to market sources, OFS size could be around Rs 600 crore, taking the total IPO size to Rs 1,000 crore. Those selling shares in the OFS are promoters -- Gaurav Bhatnagar, Manish Dhingra and LAP Travel -- and investors-- TBO Korea and Augusta TBO. Proceeds from the fresh issue will be used for the growth and strengthening of the platform by adding new buyers and suppliers, and unidentified inorganic acquisitions, besides, a portion will be used for general ...

Indegene sets IPO price band at Rs 430-452, aims to raise Rs 1,842 crore

In financial year 2023, Indegene reported Rs 2,306.13 crore in revenue from operations with a profit of Rs 266 crore

Vodafone Idea's FPO: A Rs 287 crore bonanza for investment bankers

The telecom operator has paid Rs 287 cr to three bankers, second-most ever

Traders complain of glitch in NSE system; Mkts gain for 5th session

IPO of heating equ­ip­ment maker JNK India received 28.07 times subscription on the closing day of bidding

Swiggy gets shareholder approval for potential $1.2 billion IPO this year

Bengaluru-based Swiggy intends to raise up to Rs 3,750 crore ($450 million) in fresh capital alongside an offer-for-sale (OFS) segment of up to Rs 6,664 crore ($800 million)

Microsoft-backed Rubrik prices US IPO above range at $32 per share

Rubrik upsized its IPO to raise $752 million after selling 23.5 million shares, the company said in a statement. This confirmed an earlier Reuters report about the offering details

Cross-margin benefits for index, futures extended; JNK IPO subscribed 49%

The initial public offering (IPO) of heating equ­ip­ment maker JNK India received 49 per cent subscription on the first day of bidding

Vodafone Idea FPO subscribed 26%; BSE warns investors against fake videos

Specialty chemicals company Kronox Lab Sciences has received Sebi's go-ahead to raise funds through an initial public offering (IPO), an update with the capital markets regulator showed on Thursday

Vodafone Idea FPO: Here's a step-by-step guide on how to subscribe

Retail investors will need a minimum of Rs 14,278 to bid for one lot of Voda Idea FPO; maximum bid can be for up to 18,172 equity shares at the higher-end of the FPO price band.

Heating equipment maker JNK India's set to open its IPO on April 23

Heating equipment maker JNK India Ltd is set to open its initial public offering (IPO) on April 23. The initial share-sale will conclude on April 25 and the bidding for anchor investors will open for a day on April 22, according to the red herring prospectus (RHP) filed on Tuesday. The IPO is a combination of fresh issue of equity shares worth up to Rs 300 crore and an Offer-for-Sale (OFS) of up to 84.21 lakh equity shares by promoters and an existing shareholder. Those offloading shares in the OFS are promoters -- Goutam Rampelli, Dipak Kacharulal Bharuka, JNK Heaters Co. Ltd and Mascot Capital and Marketing Pvt Ltd. -- and a shareholder Milind Joshi. Proceeds from the fresh issue will be used for funding working capital requirements and for general corporate purposes. JNK specialises in process-fired heaters, commanding a market share of about 27 per cent within the Indian heating equipment market for new order bookings during fiscal year 2023, according to F&S Report. As of ..

Metal recycling startup Runaya aims to generate $1 bn in revenue by FY30

The company is also looking at an IPO. But Agarwal said, it was not an urgent priority. It would happen whenever the timing is right

Swiggy converts to public limited company ahead of stock market debut

Ahead of filing its draft IPO papers, Swiggy is intensifying efforts to enhance its financial performance and reduce cash burn

Building materials B2B e-comm segment heats up; JSW One prepares for IPO

JSW One prepares for IPO, Birla Pivot eyes $1 bn revenue in next three years

3 SME public issues, 6 listings to hit Dalal Street this week: Details here

Six IPOs, including the Bharti Hexacom IPO and Aluwind Architectural IPO, will get listed on the stock exchanges

Bharti Hexacom IPO allotment to be finalised today: Check status, GMP, more

The IPO from Bharti Airtel's subsidiary opened for subscription on Wednesday, April 3, and closed on Friday, April 5

Northern Arc Capital seeks Rs 385 crore PE funding ahead of market debut

The company has filed a prospectus for IPO, which it is planning to launch in the first half of FY25

Bharti Hexacom IPO subscribed nearly 30 times on the final day

The telecom operator's Rs 4,275-crore issue was the largest in nearly a year

NSE awaiting Sebi's green signal to begin IPO process, says MD Chauhan

The National Stock Exchange (NSE) is awaiting approval from the capital markets regulator Sebi to kickstart the much-awaited Initial Public Offering (IPO) process, its MD and CEO Ashishkumar Chauhan said. Additionally, he said that retail investors should avoid trading in the high-risk-derivatives and, only informed investors should get into such markets. According to a Sebi study in the past, nine of the 10 traders lose money in derivatives trades. When asked about NSE's IPO plans, Chauhan on Thursday said," We will submit a revised Draft Red Herring Prospectus (DRHP) as and when we get approval from Sebi". The rival of NSE, BSE ( formerly Bombay Stock Exchange), launched its IPO in 2017 and is currently listed on the NSE. Notably, Chauhan was the CEO of BSE during its listing. The NSE's listing plans were on the back-burner following a probe by Sebi against the exchange and some of its former executives over the alleged governance lapses. It was alleged that the exchange misus

NSE awaits Sebi's green signal to kickstart IPO process: CEO Chauhan

The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday. The NSE's listing plans have been on the backburner amid a Sebi probe against the exchange and some of its top officials. It was alleged that the exchange misused its co-location facility and gave preferential access to certain trading members. "We will submit a revised Draft Red Herring Prospectus (DRHP) as and when we get an approval from Sebi," Chauhan said here. Its rival BSE (formerly Bombay Stock Exchange) launched its initial public offering (IPO) in 2017 and is currently listed on both exchanges. Notably, Chauhan was the CEO of BSE during its listing. Earlier in December 2016, NSE had filed draft papers with Sebi for its IPO. The initial share sale was expected to garner Rs 10,000 crore. The existing shareholders were looking to offload 22 per cent of shares to the public through th