Page 137 - Ipos

TMS Ep433: Walmart strategy, WhatsApp, 2024 IPOs, aircraft lessors

What will be Walmart's future strategy in India? Is WhatsApp the new playground for scamsters? Why are retail investors not investing in IPOs in 2023? What are aircraft lessors? All answers here

More IPOs need to deliver listing pop to revive retail interest: Analysts

Analysts say retail investors' enthusiasm fizzled out post the muted listing of a majority of public offers in CY22

JSW Infra files for $342 mn IPO to cut debt, fund capital expenditure

JSW Infrastructure has filed for an IPO worth up to 28 billion rupees ($342.4 million), it said in a draft prospectus on Wednesday

Sensex, Nifty end flat after choppy day; Indiabulls RE sinks 20%, Zomato 6%

CLOSING BELL: Among sectors, the Nifty PSU Bank index fell nearly 3 per cent, followed by the Nifty Realty index (close to 1 per cent)

Nexus Select Trust raises nearly Rs 1,440 crore from anchor investors

Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised Rs 1,440 crore from anchor investors. Nexus Select Trust will launch India's first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assets. At present, there are three listed REITs on stock exchanges but all are backed by office assets. The company will hit the capital market on Tuesday to raise up to Rs 3,200 crore through its retail REIT maiden public offer, and this includes fresh issue of units worth up to Rs 1,400 crore and an Offer For Sale (OFS) of up to Rs 1,800 crore. The company has fixed the price band at Rs 95 per unit to Rs 100 per unit for the proposed issue scheduled to close on May 11. As per the regulatory filing on Monday, Nexus Select Trust has raised Rs 1,440 crore from anchor investors, which included many mutual fund and insurance companies. The anchor investors who have been allocated units are -- HDFC Mut

Mankind Pharma to make market debut on Tuesday following a successful IPO

The IPO had seen strong demand from institutional investors even as the retail quota had remained undersubscribed

Nexus Select Trust to raise Rs 3,200 crore through IPO next week

The Nexus Select Trust has a retail portfolio of over 3,000 stores, a total occupancy rate of 95 per cent and an annual footfall of over 130 million shoppers

Nexus Select Trust acquires 17 malls; to continue inorganic growth post IPO

Blackstone-sponsored Nexus Select Trust, which will soon launch Rs 3,200 crore retail REIT public issue, has acquired 17 shopping malls in the last seven years and will further expand portfolio through inorganic route as it remain bullish about retail consumption. Nexus Select Trust will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT Initial Public Offering (IPO) and this includes fresh issue of units worth up to Rs 1,400 crore and an Offer For Sale (OFS) of up to Rs 1,800 crore. The company has fixed the price band at Rs 95 per unit to Rs 100 per unit for the proposed issue scheduled to close on May 11. This will be India's first REIT (Real Estate Investment Trust) IPO backed by rent yielding retail real estate assets. At present, there are three listed REITs on stock exchanges but all backed by office assets. Nexus Select Trust has a portfolio of 17 operational shopping malls, including Delhi's premium Select City Walk, across 14 major citie

Tata Play, ideaForge Technology get Sebi's go ahead to float IPOs

Two companies -- Tata Play, formerly known as Tata Sky, and drone maker ideaForge Technology -- have received capital markets regulator Sebi's approval to raise funds through initial public offerings (IPOs). Tata Play, the first company in India to use the confidential pre-filing of draft papers option for an initial share sale in December 2022, obtained the regulator's observation letter on April 26. IdeaForge Technology, which filed its preliminary papers with the regulator in February this year, got its observation letter on April 13, an update with Sebi showed on Tuesday. In the Securities and Exchange Board of India's (Sebi's) parlance, its observation implies its go-ahead to launch the IPO. Under the pre-filing route, there is no pressure on the company to go for an IPO, experts said. Moreover, unlike the traditional route where companies have to launch the IPO within 12 months from the Sebi approval, or final observation; in the pre-filing route, an IPO can be floated withi

Mankind Pharma's Rs 4,326-crore IPO garners bids worth Rs 50,000 crore

The Rs 4,326-cr offering garnering bids worth nearly Rs 50,000 cr

In a first, Softbank-backed OYO turns cash flow-positive in Q4FY23

The firm expects to report adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) of about Rs 800 crore in FY24

Mankind Pharma IPO subscribed 8% so far on Day 1; GMP down 30% in 10 days

The Rs 4,326-crore public issue's price band is set in the range of Rs 1,026-1,080 per share. The issue will close on Thursday, April 27

Is Mankind Pharma IPO worth a subscription? Here's what brokerages suggest

In the grey markets, shares of Mankind Pharma enjoyed a premium of Rs 90, which translated to a likely listing price of Rs 1,170 per share on the upper price band

Mankind Pharma's Rs 4,326-crore initial public offering to open April 25

The offering is entirely a secondary share sale by promoters, global private equity firm Cairnhill and some other investors of the firm

Online used to be 99% of revenues, share is coming down: FreshToHome CEO

'If you look at it, the size of the industry is around Rs 3 trillion, which is roughly around $50 billion'

NSE's IPO plan unapproved by Sebi until pending cases are resolved: Report

A delayed NSE IPO will test the patience of its core shareholders - banks, insurance companies and foreign funds - who have been waiting for an exit opportunity in rising markets

Indian startup funding dives 75% YoY to $2.8 bn in Q1 of CY 2023: Tracxn

Deal values dip sequentially as well; despite this India emerges as second-highest funded nation, behind the US

IPO of Avalon Technologies subscribed 2.21 times on final day of offer

The offer comprised new shares worth Rs 320 crore and an offer for sale component of Rs 545 crore

Five IPOs get Sebi go-ahead to raise up to Rs 3,000 cr collectively

The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year

Indian IPO pipeline strong, other markets 'pretty dead': Link group execs

Number of IPOs happening in India probably equal to aggregate everywhere else combined, says Australia-headquartered firm