The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025
Analysts at SBI Securities have given the Midwest IPO a 'Neutral' rating, noting that it is priced at a premium relative to its industry peers
Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size
Ahead of the IPO, the company had allotted over 12.7 million equity shares to 32 funds at ₹485 per share to raise ₹619 crore
Data shows that over half of the mainboard IPOs (49 out of 97) are currently trading below their listing price, reflecting weak post-listing performance
Top IPOs of Samvat 2081: Among the winners, Stallion India Fluorochemicals led the performance chart, with its stock rising 268 per cent from the issue price and 176 per cent above the listing price
Investors can check their allotment status on the official websites of the NSE, BSE, or through MUFG Intime India
Midwest is engaged in the business of exploration, mining, processing, marketing, distribution and export of natural stones
Midwest aims to raise ₹451 crore through its maiden public issue, comprising a fresh issue of 2.3 million equity shares and an offer for sale of 1.9 million equity shares.
Canara HSBC Life Insurance IPO received bids for 178.92 million equity shares against 166.7 million shares on offer, translating to a subscription of 1.07 per cent
LG Electronics India listed at ₹1,710 on the NSE, reflecting a premium of 50 per cent over the issue price of ₹1,150
Investors can check their Rubicon Research IPO allotment status on the official portals of the NSE, BSE, or through MUFG Intime India
The initial public offer of pharmaceutical company Rubicon Research Ltd garnered 103.90 times subscription on the closing day of bidding on Monday. The Rs 1,377.5-crore IPO received bids for 1,70,96,76,420 shares against 1,64,55,670 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) attracted 130.26 times subscription. The category for non-institutional investors got subscribed 97.61 times and Retail Individual Investors (RIIs) received 35.47 times subscription. Rubicon Research on Wednesday said it has mobilised Rs 619 crore from anchor investors. The company's initial public offering (IPO) has a fresh issue of equity shares worth Rs 500 crore and an Offer For Sale (OFS) of Rs 877.5 crore by the promoter, General Atlantic Singapore RR Pte Ltd. Post the IPO, General Atlantic's shareholding is expected to reduce to over 35 per cent. The issue has a price band of Rs 461-485 per share. Proceeds from the fresh issue to the tune of Rs 310 cr
The Rs 1,326 crore IPO got bids for 33,99,83,168 shares against 3,48,98,051 shares on offer, according to details available with the NSE
US-based Tryfacta Inc is planning to file draft papers for its initial public offering (IPO) by the end of this month to raise USD 100-150 million through a listing on the international exchanges at Gujarat International Finance Tec-City (GIFT City), according to people familiar with the development. Currently, the only other company that has filed for an IPO at GIFT City exchanges is Mumbai-based education platform XED, which submitted its draft papers in August. XED aims to garner funds for working capital needs, technology capex, and general corporate purposes. At present, there are two GIFT City Exchanges -- India INX and NSE International Exchange (NSE IX) -- located within GIFT City. According to sources, Yoki Financial Services, an arm of Mefcom Capital and an IFSCA-registered investment bank, has been appointed as the lead manager for Tryfacta's public offering. An email sent to Yoki Financial Services seeking comments on the development remained unanswered. Headquartered
Midwest worth ₹451 crore comprises a fresh issue of 2.3 million equity shares amounting to ₹250 crore and an OFS of 1.9 million equity shares amounting to ₹201 crore
Rubicon Research's unlisted shares were trading at ₹580, reflecting a grey market premium of ₹95 or 19.6 per cent above the issue price of ₹485
Samco's Jimeet Modi says investors now prize fundamentals over hype - expect fewer but higher-quality IPOs as India's markets evolve into a leaner, value-driven ecosystem
The 2025 Nobel Peace Prize was awarded to Venezuelan opposition leader Maria Corina Machado for her efforts to restore democracy and human rights in Venezuela, dashing Donald Trump’s
Tata Capital and LG Electronics India are among the key names set to debut on the exchanges, alongside Canara Robeco Asset Management, Rubicon Research, and Canara HSBC Life Insurance