Page 172 - Ipos

IPOs fundraise tops Rs 27,000 crore in first four months of ongoing fiscal

As many as 12 firms have raised a staggering Rs 27,000 crore through IPO route in the first four months of the ongoing fiscal, and the pipeline is pretty strong for the remaining part of the year too

Fino Payments Bank files papers with Sebi for Rs 1,300-crore IPO

Fino Payments Bank has filed preliminary papers with markets regulator Sebi to raise an estimated Rs 1,300 crore through an initial share-sale.

SoftBank Q1 performance seen buoyed by China IPOs; crackdown clouds outlook

The group reported a record $37 billion net profit in the financial year ended March due in large part to outsized gains from a stake in South Korean e-tailer Coupang Inc.

NPS fund managers have more choices as investment universe expands

Investment advisors are not comfortable with the idea of a retirement product like NPS investing in IPOs

Paytm files for India's largest IPO, eyes $25 bn-$30 bn valuation

Digital payments major to raise Rs 8,300 cr fresh capital; Vijay Shekhar Sharma, SoftBank, SAIF to divest

Aptus Value Housing, CarTrade, 4 others get Sebi's go-ahead to float IPO

As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead to float initial share-sales. The other firms that received the regulator's nod are-- Krsnaa Diagnostics, Vijaya Diagnostic Centre, and Ami Organics. The six firms, which had filed their respective preliminary IPO papers with the markets regulator between May and June, obtained their observations during July 19-23, an update with Sebi showed on Monday. Aptus Value's initial public offer (IPO) comprises a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale of up to 64,590,695 equity shares by the promoter and existing shareholders, draft red herring prospectus (DRHP) showed. Proceeds from the fresh issue will be utilised towards augmenting the company's capital base and to meet future growth requirements. According to merchant banking sources, the IPO is expected to fetch Rs 2,600-3,000 crore. Onli

Investment bankers get choosy as fundraise season reaches fever pitch

This is to avoid conflict of interest of competing firms

A new 'Day Zero', says Zomato Co-founder Deepinder Goyal on listing

In a blog post titled "Letter from Deepi," he said Zomato will not alter the firm's focus for short term profits at the cost of the long term success of the company

Star Health and Allied Insurance files DRHP for IPO of fresh shares-cum-OFS

Net proceeds from fresh issue amounting to Rs 2,000 cr will be used to boost company's solvency levels and capital

Zomato IPO share allotment finalised: How to check your application status

In the grey market, Zomato shares are available at a premium of Rs 23, up Rs 2 from its GMP of Rs 21 yesterday

Glenmark Life Sciences prices its IPO between Rs 695-720 per share

The company has reduced its offer size by about Rs 150 crore. Bankers to the issue said that the promoters have reduced their selling stake marginally

Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO

The Softbank-backed insurance aggregator is also likely to consider offer for sale from some of its investors

E-commerce firm Bukalapak prices Indonesia's biggest IPO at top end: Report

Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering, the country's largest issue, after pricing it at the top of an indicated price range

Top headlines: Govt considers tax ordinance; Microsoft seeks Telangana deal

Business Standard brings to you the top headlines on Wednesday

Pension funds will soon be allowed to invest in IPOs: PFRDA Chairman

Regulator will come up with comprehensive guidelines on issuer's track record and other aspects within a week

Pension money to soon be allowed into IPOs, NSE-200 companies: PFRDA

Pension fund managers (PFMs) will soon be allowed to invest in initial public offerings, and also in a broader list of stocks, a top official from sector regulator PFRDA said on Tuesday.

Robinhood seeks up to $35-billion valuation in upcoming mega US IPO

About 55 million shares are being offered in the IPO to raise over $2.3 billion

Paytm's merchant base grows to 21.1 million in FY21 from 11.2 mn in FY20

The firm's GMV increased to Rs 4.03 trn as of March 31, 2021, from Rs 2.29 trn as of March 31, 2109

Zomato IPO subscribed 38 times as investors pour money to get a bite

Institutional investors, who shied away in the first two days of the IPO, bid several times over the number of shares reserved for them

Paytm set to break into top 10 most-valued financial stocks in India

According to investment banking sources, the company is eyeing a valuation of between $20 billion and $25 billion