Page 65 - Ipo

Stitched Textiles Limited files IPO upto Rs. 200 Crore with SEBI

.

IIFL Home Finance looks to raise Rs 5,000 cr via direct assignment

Listing exercise to provide exit to ADIA, raise fresh capital; firm to scale up funding to developers, especially those complying with green finance norms

Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming

DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr

PhonePe prepping for IPO; seeks valuation of $8 bn-$10 bn: Report

Also, the company has initiated plans to move its registered holding entity from Singapore to India, underlining its 'made in India' credentials.

Ahmedabad-based Nandan Terry scraps IPO plans; withdraws draft papers

Nandan Terry, part of the Chiripal group, has decided to withdraw its Rs 255-crore initial public offering (IPO). The IPO was slated to be entirely a fresh issue of equity shares. Proceeds of the issue were to be used for payment of debt, for funding working capital requirements and general corporate proposals. The company had filed the Draft Red Herring Prospectus (DRHP) for the proposed IPO on December 10, 2021 with the Securities and Exchange Board of India (Sebi). However, the draft offer documents for the IPO were withdrawn on June 7 and the reasons for the withdrawal have not been disclosed, an update with the markets regulator showed on Monday. Incorporated in 2015, Ahmedabad-based Nandan Terry is a fully vertically integrated company engaged in the manufacturing terry towels and towelling products. The company also sells the cotton yarn manufactured at its units. Earlier, Uma Converter withdrew its proposed Rs 36-crore IPO on May 30. The company had filed the DRHP in July

Foxconn's Bharat FIH gets Sebi nod to raise Rs 5,000 crore through IPO

The initial share-sale of Bharat FIH comprises fresh issue of shares worth Rs 2,502 crore and an offer for sale of up to Rs 2,502 crore by promoter group and Foxconn unit Wonderful Stars

For the Modi government disinvestment hasn't been about earning money

The Modi government has earned twice as much from disinvestment as all previous governments combined have since 1991

At 1.27 lakh, OYO sees highest daily bookings in May as travel surge builds

Yatra, Booking.com, Ixigo also see biz uptick as travel picks up post-Omicron

Alibaba's stock slips as big hopes on Ant IPO revival quickly fade

Shares of the e-commerce giant shot up as much as 7% earlier after a Bloomberg News report that China's financial regulators have established a team to assess the fintech giant's share sale plans.

Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank

It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers

Tuticorin-based Tamilnad Mercantile Bank gets Sebi's nod to float IPO

Going by the draft papers, the bank proposes to utilise the net proceeds from the fresh issue towards augmenting its Tier-I capital base to meet its future capital requirement

Flipkart promotes several leaders as it gears up for IPO and US listing

These leaders have been instrumental in delivering impact and creating long-term value for the e-commerce giant

Centre garners Rs 471 crore from stake sale in Paradeep Phosphates

The sale would help Centre to inch towards its Rs 65,000 crore divestment target for financial year 2022-23

Ethos shares sink 9% over issue price on debut, 1.1 mn shares change hands

The poor listing day performance follows lukewarm response to the company's IPO, which had managed to scrape through with just 1.03% subscription

Aether Industries' IPO subscribed 6.3 times on final day of offer

Aether's Rs 808-crore offering capped a busy month for IPOs, which saw a cumulative mop up of Rs 30,140 crore by eight companies

Aether Ind IPO subscribed 49% a day before close on sparse overall interest

None of the three investor categories completes quota, with HNI interest being the dullest at 16%

eMudhra IPO subscribed 96% on day 2, issue subscribed 1.7 times

The IPO comprises Rs 200 crore fresh fund raise and Rs 213 crore secondary share sale.

Street signs: Traders eye a Nifty breakout, Aether Industries stock & more

Technical analysts say last week's trading range will act as good support and resistance and the next big directional move will depend on which side the index breaks out

HNI interest sees Ethos IPO scrape through with just 1.03x subscription

Retail investor portion subscribed 82%, HNI was covered 1.48x and institutional investor category received 1.06x subscription

Prudent Corporate falls 6% below its issue price despite decent listing

The stock hit an intra-day low of Rs 594.25, down 6 per cent from its issue price.