Page 37 - Ipo

Stock Market Highlights, June 10: Sensex snaps 3-day winning run, dips 203 pts; IT, HDFC Bank weigh

Stock Market Highlights on June 10: The broader markets, however, stayed afloat with the BSE MidCap, and SmallCap indices adding up to 1 per cent

Travel platform Ixigo IPO opens for bids today: Should you apply or not?

On June 07, Ixigo secured Rs 333.05 crore from anchor investors, offering a total of 35,811,405 shares

New updates: Sonia Gandhi unanimously elected as Congress Parliamentary Party chairperson

Catch all the latest updates from around the world here

Ixigo's parent firm says investors sell shares worth Rs 176 cr in pre-IPO

Le Travenues Technology Ltd, which operates travel booking platform ixigo, on Friday said its existing sharehoders have completed the sale of equities worth a little over Rs 176 crore in a pre-IPO round. Those who picked up shares are Ashoka India Equity Investment Trust Plc, Tata Multi Asset Opportunities Fund, Tata Digital India Fund, Bay Capital Holdings and Steadview Capital Mauritius, ixigo co-founders Aloke Bajpai and Rajnish Kumar told PTI in an interaction. The travel aggregator's certain shareholders -- SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, and Catalyst Trusteeship Ltd -- collectively sold 1.89 crore shares to these institutional investors on June 6 at Rs 93 apiece, which is also the upper end of the price band for the company's Rs 740-crore IPO. At this price, the total transaction is pegged at Rs 176.2 crore. This pre-IPO round has been completed just before the anchor round that opens o

Bajaj Finance stock gains 4% on IPO plans of subsidiary Bajaj Housing Fin

Shares of Bajaj Finance gained 4.1 per cent at Rs 7,201 per share on the BSE in Friday's intraday trade

Bajaj Housing Finance approves to file IPO to raise Rs 4,000 crore

The IPO would be subject to market conditions, approvals and regulatory clearances, the company added.

Hindalco Industries defers Novelis IPO in US, citing market conditions

US subsidiary of Hindalco Industries says it will continue evaluate timing of the offering

Kronox Lab Sciences IPO gets 117.25 times subscription on last day of offer

The initial public offer of Kronox Lab Sciences garnered 117.25 times subscription on the closing day of bidding on Wednesday. The IPO received bids for 78,54,49,390 shares against 66,99,000 shares on offer, as per NSE data. The portion for non-institutional investors fetched a whopping 301.92 times subscription while the quota for Qualified Institutional Buyers (QIBs) got subscribed 89.03 times. The category for Retail Individual Investors (RIIs) received 54.23 times subscription. The Initial Public Offer (IPO) has an offer for sale of up to 95,70,000 equity shares. The price range for the offer is Rs 129-136 a share. Kronox Lab Sciences has raised Rs 39.04 crore from anchor investors. Pantomath Capital Advisors is the book-running lead manager to the offer. The company's equity shares are proposed to be listed on the BSE and NSE. Vadodara-based Kronox Lab Sciences is the manufacturer of high-purity speciality fine chemicals. Its high purity speciality fine chemicals portfolio

Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall

The delay will likely have a short-term negative impact on Hindalco, said Sneha Poddar, associate vice president at Motilal Oswal Financial Services

Investors subscribe Kronox Lab Sciences IPO 24.57 times on 2nd day of offer

The initial public offer of Kronox Lab Sciences received 24.57 times subscription on the second day of bidding on Tuesday. The IPO got bids for 16,45,99,160 shares against 66,99,000 shares on offer, as per NSE data. The quota for non-institutional investors got subscribed 52.92 times while the category for Retail Individual Investors (RIIs) fetched 24.52 times subscription. The portion for Qualified Institutional Buyers (QIBs) received 3.39 times subscription. The Initial Public Offer (IPO) has an offer for sale of up to 95,70,000 equity shares. The price range for the IPO is Rs 129-136 a share. Kronox Lab Sciences has raised Rs 39.04 crore from anchor investors. Pantomath Capital Advisors is the manager to the offer. The company's equity shares are proposed to be listed on the BSE and NSE. Vadodara-based Kronox Lab Sciences is the manufacturer of high-purity speciality fine chemicals. Its high purity speciality fine chemicals portfolio has more than 185 products. The products a

Sebi seeks additional IPO disclosures to speed up clearance process

After a co files for IPO, Sebi may seek additional details from merchant bankers, and the companies can also file addendums to their draft documents based on clarifications sought by market regulator

Ola Electric planning to layoff 400-500 employees to streamline operations

Ola Electric's IPO application is currently under review by the Securities and Exchange Board of India (Sebi)

Kronox Lab Sciences IPO opens today for bids; check price bands, GMP

Kronox Lab Sciences IPO price band is set at Rs 129 to Rs 136 per share. The minimum lot size for an application is 110 shares

Indian bankers get ready for IPO surge as elections come to a close

The year's largest IPOs are likely yet to come, such as South Korea's Hyundai Motor Co.'s first-time share sale of its India unit, which could raise about $2.5 billion

Molbio Diagnostics prepares for IPO in FY25 to raise Rs 2,200-2,400 crore

Molbio Diagnostics became Goa's first startup to achieve unicorn status in September 2022 following a Rs 680 crore investment from Temasek and MOPE, plans to launch the IPO in November

Aimtron Electronics IPO opens today; check price bands, lot size, GMP

Aimtron Electronics initial public offering (IPO) is set to open for subscription on Thursday, May 30, 2024. This is a book-built issue aiming to raise Rs 87.02 crores

Ztech India IPO subscription opens today; price bands, lot size, GMP here

On Tuesday, May 28, Ztech India secured Rs 10.61 crore from anchor investors by offering them a total of 9,64,800 shares

Hindalco Industries looks to garner $945 million via Novelis US IPO

To offload 45 mn shares, or 7.5% stake, at $18-21 apiece; values arm at $12.6 bn

Hyundai Motor adds Kotak, Morgan Stanley for possible record India IPO

Hyundai Motor India Ltd. plans to file for an IPO in June, International Financing Review reported earlier Monday, when it also said Kotak and Morgan Stanley were joining the syndicate

Beacon Trusteeship's IPO opens on May 28; check price bands, lot size, GMP

Beacon Trusteeship's initial public offering (IPO) is set to open for subscription on Tuesday, May 28, 2024