Page 142 - Ipos

Snapdeal to shelve its $152 million IPO amid tech stock market retreat

Snapdeal filed its initial public offering (IPO) regulatory papers for approval in December 2021, a year that saw many stock market debuts and record fund raising by Indian startups

Concord Biotech, Vaibhav Gems get Sebi's approval to float IPOs

Rare Enterprises-backed Concord Biotech and regional jewellery brand Vaibhav Gems N' Jewellers have received capital markets regulator Sebi's go-ahead to raise funds through initial public offerings (IPOs). The two companies filed their preliminary IPO papers with the capital markets regulator between August and September and obtained their observation letters during November 28-December 2, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday. In Sebi's parlance, its observations imply its go-ahead to float initial share sales. According to the draft papers, Concord Biotech's IPO is entirely an offer for sale of (OFS) of 2,09,25,652 equity shares by Helix Investment Holdings Pte Limited, backed by private equity firm Quadria Capital. Concord is among the leading manufacturers of fermentation-based biopharmaceutical APIs focused on niche segments, such as immunosuppressant, oncology, anti-fungal and anti-bacterial. It has three manufacturing facilities

Wine maker Sula's IPO to open Dec 12, size Rs 900-1,000 crore, say sources

Entire issue will be OFS of nearly 27 million shares belonging to promoters and PE investors

Top Headlines: India Inc's profit declines, Ola ride-share's IPO, and more

Business Standard brings you the top headlines at this hour

IPO-bound OYO to lay off 600 in its tech team, hire 250 in sales roles

These layoffs come at a time when many other large start-ups are also letting go of employees

Uniparts India IPO receives 25.32 times subscription on last day of offer

The IPO received bids for 25,66,29,175 shares against 1,01,37,360 shares on offer, according to NSE data

Uniparts India IPO receives 25.32 times subscription on last day of offer

The Initial Public Offer (IPO) of engineering systems and solutions provider Uniparts India was subscribed 25.32 times on the last day of subscription on Friday. The IPO received bids for 25,66,29,175 shares against 1,01,37,360 shares on offer, according to NSE data. The category meant for Qualified Institutional Buyers (QIBs) was subscribed 67.14 times, while the quota for non-institutional investors got 17.86 times subscription and the portion for Retail Individual Investors (RIIs) 4.61 times. The IPO of up to 1,44,81,942 equity shares had a price range of Rs 548-577 a share. On Tuesday, Uniparts India said it has raised Rs 251 crore from anchor investors. Since the IPO is entirely an Offer for Sale (OFS), the company will not receive any proceeds from the public issue. Uniparts India is a global manufacturer of engineered systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and

CIEL HR acquires talent assessment company, plans IPO in Q2 of FY24

Skilling solutions firm is in talks to acquire two other professional staffing companies before its goes public

Uniparts India IPO subscribed 2 times on the second day of offer

The Initial Public Offer (IPO) of engineering systems and solutions provider Uniparts India was subscribed 2 times on the second day of subscription on Thursday. The Rs 836-crore IPO received bids for 2,04,29,925 shares against 1,01,37,360 shares on offer, according to NSE data. The category for non-institutional investors was subscribed 3.41 times, the portion for Retail Individual Investors (RIIs) got 2 times subscription and the quota for Qualified Institutional Buyers (QIBs) attracted 97 per cent subscription. The IPO is of up to 1,44,81,942 equity shares and has a price range of Rs 548-577 a share. On Tuesday, Uniparts India said it has raised Rs 251 crore from anchor investors. Since the IPO is entirely an Offer for Sale (OFS), the company will not receive any proceeds from the public issue. Uniparts India is a global manufacturer of engineered systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in agriculture and .

Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine

CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.

Dharmaj Crop IPO subscribed 36 times; promising start for Uniparts

It raised Rs 216 crore by issuing fresh equity in the IPO

Sensex hits 63K, gains 418pts; Nifty ends at record high of 18,750

CLOSING BELL: The S&P BSE Sensex scaled a new summit at 63,303, and settled above 63,000-mark for the first-time ever. The Nifty 50 hit a new all-time high at 18,816 on Wednesday.

Uniparts India IPO: Here's why analysts recommend subscribing to the issue

Uniparts India IPO: Brokerages say the issue is reasonably valued given the company's robust financial profile and leading global market position in its core products

Dharmaj Crop Guard IPO subscribed over 5x on strong retail, HNI interest

The two categories were subscribed around 7 times each; QIB was nearly half covered

ICICI Bank, HUL, ITC help lift Sensex 177 pts, Nifty above 18,600; PSBs dip

CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,887, and the Nifty 50 registered a new summit at 18,678 on Tuesday.

IPO-bound OYO reports Rs 63 crore profit in April-September with Sebi

Travel tech firm OYO shared its financials for the first half of FY23 with market regulator Sebi on Monday, reporting a profit of Rs 63 crore as against a loss of Rs 280 crore a year ago. In an addendum to update its IPO application filed with the Securities and Exchange Board of India (Sebi), the company said its revenues in the first half of FY23 grew by 24 per cent year-on-year to Rs 2,905 crore. The adjusted EBITDA improved from a loss of Rs 280 crore in the first half of financial year 2022 to a profit of Rs 63 crore in the latest half-year period. Apart from improving operating performance, the company has a cash corpus of Rs 2,785 crore, the filing to Sebi showed. The market regulator had given OYO the permission to submit updated financials before it examined and processed the company's application for IPO (Initial Public Offering). The company's adjusted EBITDA for the second quarter grew to eight times from Rs 7 crore in first quarter to Rs 56 crore, primarily driven by a

Dharmaj Crop IPO subscribed 1.8x on Day-1, QIB portion not fully covered

Retail, HNI fully covered, institutional investor portion subscribed 35%

Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%

CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,701, and the Nifty 50 registered a fresh summit at 18,614 on Monday

Rs 20K-crore Adani FPO to be fourth biggest fundraise by India Inc

RIL's rights issue in 2020 for Rs 53,124 cr remains the single-biggest equity issuance by an Indian firm

Adani Enterprises to raise Rs 20,000 crore in India's largest FPO

This would be the group's second fundraise from the public in 2022. In January, Adani Wilmar came out with an initial public offering of Rs 3,600 crore