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Oversubscription

Arkade Developers IPO gets subscribed 106.40 times on offer's last day

The initial share sale of Arkade Developers got subscribed 106.40 times on the last day of the offer on Thursday. The Rs 410-crore initial share sale received bids for 2,52,97,38,200 shares against 2,37,75,719 shares on offer, according to data available with the NSE. Qualified institutional buyers subscribed the offer 163.16 times while the quota for non-institutional investors fetched 162.75 times subscription. The portion for retail individual investors received 50.65 times subscription. The initial public offering (IPO) of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription. The realty firm has raised Rs 122.40 crore from anchor investors. The company has fixed a price band of Rs 121-128 per share for its Rs 410-crore IPO, which is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale (OFS) component. Proceeds from the issue will be used for the development of the ..

Arkade Developers IPO gets subscribed 106.40 times on offer's last day
Updated On : 19 Sep 2024 | 8:44 PM IST

Arkade Developers IPO gets subscribed 16.20 times on Day 2 of bidding

The initial public offer of Arkade Developers Ltd received 16.20 times subscription on the second day of bidding on Tuesday. The initial share sale received bids for 38,51,04,390 shares against 2,37,75,719 shares on offer, as per NSE data. The portion for non-institutional investors attracted 28.26 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 19.99 times. The quota for Qualified Institutional Buyers (QIBs) fetched 44 per cent subscription. The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription. Realty firm Arkade Developers Ltd has raised Rs 122.40 crore from anchor investors. The company has fixed a price band of Rs 121-128 per share for its Rs 410-crore initial public offering. The initial share sale will conclude on September 19. The IPO is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale (O

Arkade Developers IPO gets subscribed 16.20 times on Day 2 of bidding
Updated On : 17 Sep 2024 | 8:10 PM IST

Water purifier maker Livpure eying over 1 mn subscriptions within 4 years

Livpure is betting big on its water-as-a-service model, targeting over 10 lakh subscriptions in the next four years as it intensifies efforts to scale up affordable access to clean and purified water across India, according to company Managing Director Rakesh Kaul. The company, also present in categories such as appliances, mattresses and sleep accessories, is targeting a turnover of Rs 900 crore this fiscal year, a growth of up to 60 per cent from the previous year. "India is a huge market, and everyone knows that purified water and access to purified water is a big challenge...Currently, in a country the size of ours, penetration of water purifiers is still at 7 to 8 per cent of the total household population of India," Kaul told PTI. With a view to reducing the cost of access to clean drinking water to consumers, he said,"We launched an innovative business model called water-as-a-service four years back, whereby we decided that the installation (of electric water purifier) will .

Water purifier maker Livpure eying over 1 mn subscriptions within 4 years
Updated On : 15 Sep 2024 | 11:22 AM IST

Motorbike dealer with 8 staffers receives Rs 4.8K cr bids for Rs 12-cr IPO

Resourceful Automobile IPO: The New Delhi-based company specialises in the sale of Yamaha motorcycles and scooters. It runs two showrooms in the national capital under the name 'Sawhney Automobiles'

Motorbike dealer with 8 staffers receives Rs 4.8K cr bids for Rs 12-cr IPO
Updated On : 27 Aug 2024 | 11:16 AM IST

After getting out of hand during Covid, subscription boom faces big test

A majority of US adults surveyed in March said they pay too much for subscriptions

After getting out of hand during Covid, subscription boom faces big test
Updated On : 09 Aug 2024 | 10:40 AM IST

DreamFolks Services IPO is open for subscription, should you Subscribe?

The DreamFolks Services IPO saw strong demand from retail investors, with subscribtion of up to 8x the alloted quota. The HNI segment was also oversubscribed at the end of Day 1 of the offer period.

DreamFolks Services IPO is open for subscription, should you Subscribe?
Updated On : 25 Aug 2022 | 11:13 AM IST

DreamFolks' IPO sails through on Day 1, retail portion booked 5.4x

The Initial Public Offer (IPO) of airport service aggregator platform DreamFolks Services got fully subscribed within hours of opening for subscription on Wednesday. The IPO received bids for 1,03,46,872 shares against 94,83,302 shares on offer, translating into 1.09 times subscription, according to data available with the NSE till 1348 hours. The category for Retail Individual Investors (RIIs) received 5.39 times subscription, while non-institutional investors portion got subscribed 41 per cent. The IPO is entirely an offer-for-sale (OFS) of 1,72,42,368 equity shares and has a price range of Rs 308-326 per share. On Tuesday, DreamFolks Services raised Rs 253 crore from anchor investors. It facilitates consumers' access to airport-related services like lounges, food and beverages, spa, meet and assist airport transfer, transit hotels or nap room, and baggage transfer services. Equirus Capital and Motilal Oswal Investment Advisors are the managers to the offer.

DreamFolks' IPO sails through on Day 1, retail portion booked 5.4x
Updated On : 24 Aug 2022 | 4:06 PM IST

Oversubscription provision overshadows base issuance in recent debt offers

India Infoline had a base amount of Rs 250 crore and oversubscription portion of Rs 1,750 crore

Oversubscription provision overshadows base issuance in recent debt offers
Updated On : 28 Jan 2019 | 11:20 PM IST