Page 175 - Ipos
Private equity players divided on reason for decline in exit deals
According to data from VCC Edge which tracks PE investments, in the first quarter of the calendar year, the value of total PE exit deals has fallen by 7 per cent to hit $1,938 million
 "Private equity players divided on reason for decline in exit deals")
India vs US listing: Zomato may be test case for start-ups waiting in wings
The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies
 "India vs US listing: Zomato may be test case for start-ups waiting in wings")
Tata Power considering a $473-million IPO for its renewable energy unit
The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust
 "Tata Power considering a $473-million IPO for its renewable energy unit")
TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today
Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; was heading financial analytics before this announcement
 "TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today")
VC investors anticipate a flurry of IPOs by Indian start-ups: Survey
The 'India Sentiment Outlook Survey' said 19 per cent of them also held the opposing view while 16 per cent were unsure
 "VC investors anticipate a flurry of IPOs by Indian start-ups: Survey")
PowerGrid InvIT garners Rs 3,480 cr from anchor investors ahead of IPO
PowerGrid Infrastructure Investment Trust on Wednesday raised a little over Rs 3,480 crore from anchor investors ahead of its initial public offer, which opens for subscription on Thursday
IPO market likely to stay bullish in June quarter, Covid to weigh: EY
India had 22 IPOs worth $2.6 bn in Q1 of Calendar 2021 versus 12 IPOs at the same time last year, was ranked ninth globally on number of offerings for the quarter
Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn
The global pandemic has accelerated the already growing shift to SaaS (software-as-a-service) and subscription-based business models from cars to coffee providers
 "Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn")
IPO boom prompts ICICI Bank to make hiring push in investment banking
ICICI plans to add five mid-to-senior level hires in each of the two units, which currently have 130 bankers in total.
 "IPO boom prompts ICICI Bank to make hiring push in investment banking")
Fundraising through public issues more than doubled in fiscal 2021
The Finance Ministry on Wednesday said fundraising through public and rights issues surged 115 per cent and 15 per cent, respectively, in 2020-21
 "Fundraising through public issues more than doubled in fiscal 2021")
Street signs: Large AMC IPOs can be delayed, MFs buy Timken India & more
Several high net-worth individuals are said to be lapping up shares of cotton yarn manufacturers amid a spike in yarn prices
 "Street signs: Large AMC IPOs can be delayed, MFs buy Timken India & more")
Shriram Properties files draft papers with Sebi to launch Rs 800 cr IPO
Bengaluru-basedShriram Propertieshas filed a draft document with market regulator Sebi to raise up to Rs 800 crore through an initial public offer (IPO)
 "Shriram Properties files draft papers with Sebi to launch Rs 800 cr IPO")
Pressing question before India's tech unicorns: Where to bring an IPO?
Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios
Burger King India IPO: Well placed to tap the QSR opportunity in market
The Street is bullish about the long-term growth trajectory, but analysts believe the stock is factoring in the near-term upsides. Investors could look at it on dips
 "Burger King India IPO: Well placed to tap the QSR opportunity in market")
Over 70% IPOs delivered gains on listing day in FY21, shows data
On average, listing-day gains stood at 34%, the highest in over five years
 "Over 70% IPOs delivered gains on listing day in FY21, shows data")
Happiest Minds Technologies IPO: Digital exposure buoys company
The stock surge since listing (up 225 per cent) has taken valuations to nearly 40 times its FY23 earnings estimates. Investors can look at the stock on dips
 "Happiest Minds Technologies IPO: Digital exposure buoys company")
Rossari Biotech IPO: A diversified portfolio, expansion are key triggers
The expansion is expected to support growth with revenues and profits estimated to rise by 20-25 per cent over the FY20-23 period
 "Rossari Biotech IPO: A diversified portfolio, expansion are key triggers")
Route Mobile IPO: Company's signal stays strong on surge in Cloud adoption
Though the growth trajectory remains strong, valuation at 51 times its FY22 earnings estimates is already factoring in most of the growth, say analysts at Edelweiss
 "Route Mobile IPO: Company's signal stays strong on surge in Cloud adoption")
Equitas SFB IPO: Diversified loan book helps firm overcome poor Day-1
At Rs 61.95 a share, the stock has more than doubled from listing day as the Street is acknowledging its diversified book
 "Equitas SFB IPO: Diversified loan book helps firm overcome poor Day-1")
CY21 will be defining year for start-up listings, says Atul Mehra
More companies will prefer a domestic listing as it will bring more visibility, says Atul Mehra
 "CY21 will be defining year for start-up listings, says Atul Mehra")