Citing poor market conditions, Anand Rathi Wealth Services shelves Rs 500-cr IPO
6 years ago

Citing poor market conditions, Anand Rathi Wealth Services shelves Rs 500-cr IPO

Firstpost  

Mumbai: Wealth management services firm Anand Rathi Wealth Services on Wednesday withdrew its Rs 500-crore initial public offering plan citing difficult market conditions. The move comes within a fortnight of SEBI chairman Ajay Tyagi expressing concern over the poor primary market and asking merchant bankers to get the pricing right for better IPO participation. Anand Rathi Wealth has already given application for withdrawal of the proposed IPO to the market regulator SEBI, it said in a statement. A large part of the IPO proceeds were in nature of offer-for-sale by the holding company but in light of the difficult market conditions, we have decided to pursue other avenues to raise funds,” Anand Rathi Wealth Services managing director Amit Rathi said in the statement.

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History of this topic

Anand Rathi Wealth Q3 Results 2025 on 15 Jan, 2025: profit rise by 33.2% YOY, profit at ₹77.02 crore and revenue at ₹237.04 crore
1 hour, 25 minutes ago

Anand Rathi Wealth Q3 Results 2025 on 15 Jan, 2025: profit rise by 33.2% YOY, profit at ₹77.02 crore and revenue at ₹237.04 crore

Live Mint  

Anand Rathi Wealth Q3 Results 2025:Anand Rathi Wealth declared their Q3 results on 13 Jan, 2025, showcasing a significant growth in their financial performance. The operating income for Anand Rathi Wealth was also on the rise, up by 2.44% quarter-on-quarter and a notable 35.23% year-over-year, indicating robust operational efficiency and growth. As of 15 Jan, 2025, Anand Rathi Wealth holds …

Mumbai-based Shanti Gold International Limited files DRHP for IPO
19 hours, 5 minutes ago

Mumbai-based Shanti Gold International Limited files DRHP for IPO

Live Mint  

Mumbai-based Shanti Gold International Limited has filed Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering. The proceeds from the fresh issue will be utilized as follows: ₹45.83 crore will fund capital expenditure for the proposed Jaipur facility, ₹190 crore will be allocated towards the company's incremental working capital …

Urban Company hires banks for IPO, likely to file by March-end
1 day, 7 hours ago

Urban Company hires banks for IPO, likely to file by March-end

Live Mint  

Mumbai: Home services platform Urban Company plans to file draft papers for a ₹3,000 crore initial public offering before the end of the March quarter, three people aware of the development said. The Prosus-backed company has already appointed Kotak Mahindra Capital, Goldman Sachs and Morgan Stanley to manage the IPO, the people said. Urban Company's financial performance Urban Company's consolidated …

Upcoming IPOs: Dr. Agarwal’s and Regreen Excel get SEBI nod to raise funds via public issue
6 days, 17 hours ago

Upcoming IPOs: Dr. Agarwal’s and Regreen Excel get SEBI nod to raise funds via public issue

Live Mint  

The primary market is all set to witness opening of three new initial public offerings as markets regulator Securities and Exchange Board of India gives its green signal. Dr. Agarwal's, Casagrand Premier and Regreen Excel EPC are among the companies which received approval from the markets regulator to raise funds via IPO. Dr. Agarwal's IPO Dr. Agarwal Health Care, backed …

Upcoming IPOs: 7 new public issues, 6 listings scheduled for next week; check full list
1 week, 3 days ago

Upcoming IPOs: 7 new public issues, 6 listings scheduled for next week; check full list

Live Mint  

Following the momentum from last year, the IPO market has kicked off the new year robustly, with seven offerings lined up for the upcoming week. The IPO has a total size of ₹410.05 crores, which includes a fresh issue of 1.50 crore shares amounting to ₹210 crore and an offer for sale of 1.43 crore shares totaling ₹200.05 crores. Iifl …

Standard Glass Lining IPO: Hyderabad-based firm garners ₹123 crore from anchor investors ahead of public issue
1 week, 4 days ago

Standard Glass Lining IPO: Hyderabad-based firm garners ₹123 crore from anchor investors ahead of public issue

Live Mint  

Standard Glass Lining Technology Limited has raised ₹123.02 crores from anchor investors ahead of its upcoming initial public offering, set to open for public subscription on Monday, January 6, 2025. The company announced that it has allocated 87,86,809 equity shares to anchor investors at a price of ₹140 per share on Friday, January 3, 2025. Foreign and Domestic Institutions who …

Upcoming IPO: Rajputana Stainless, Caliber Mining and Regaal Resources files DRHP with SEBI for IPO
1 week, 5 days ago

Upcoming IPO: Rajputana Stainless, Caliber Mining and Regaal Resources files DRHP with SEBI for IPO

Live Mint  

Companies like Rajputana Stainless Ltd, Caliber Mining and Logistics Ltd., and Regaal Resources Ltd., have filed their draft red herring prospectus with the Securities and Exchange Board of India. The offer is a combination of a 1.90 crore fresh issue of shares, along with an offer-for-sale component of 35 lakh equity shares, according to the draft papers. The company is …

Indian IPO market soared to new heights in 2024: Will the momentum sustain in 2025?
1 week, 6 days ago

Indian IPO market soared to new heights in 2024: Will the momentum sustain in 2025?

Live Mint  

IPO Market Outlook: The year 2024 marked a defining moment for the Indian IPO market, as over 90 companies collectively raised an impressive ₹1.62 lakh crore, two times more than ₹49,436 crore raised in 2023. It is better to focus on strong Mainboard IPOs and carefully select SME IPOs with solid promoters and good financials.” Resilience in the Mainboard IPO …

Upcoming IPO: Engineering services firm Neilsoft files DRHP papers with Sebi
2 weeks, 4 days ago

Upcoming IPO: Engineering services firm Neilsoft files DRHP papers with Sebi

Live Mint  

Neilsoft Ltd, the Tokyo-based Fujita Corporation backed engineering services and solutions company, has filed a draft red herring prospectus with capital markets regulator SEBI to raise funds through initial public offering. Neilsoft IPO is a mix of fresh issue of shares up to ₹100 crore and an offer-for-sale of up to 80 lakh equity shares by promoters and other selling …

NACDAC Infra IPO: This SME issue garners over ₹14,000 crore bids for ₹7 crore offer; here’s what GMP signals
3 weeks, 5 days ago

NACDAC Infra IPO: This SME issue garners over ₹14,000 crore bids for ₹7 crore offer; here’s what GMP signals

Live Mint  

NACDAC Infrastructure IPO: The recent SME IPO of NACDAC Infrastructure has drawn significant attention, becoming one of the highest-subscribed issues in the SME segment. Today's grey market premium for NACDAC Infrastructure IPO is ₹32 per share, as per the market observers, suggesting that the shares are likely to list at ₹67, a 90 per cent premium over the issue price …

Will plan IPO only after new business units return more profits: Razorpay’s Shashank Kumar
4 weeks, 1 day ago

Will plan IPO only after new business units return more profits: Razorpay’s Shashank Kumar

Live Mint  

Razorpay, the fintech major valued at $7.5 billion, completes 10 years of its startup journey this month. In an exclusive interview, co-founder and managing director Shashank Kumar talks about the company’s reverse flip plans, IPO and the way forward, while reminiscing the early days. We have inculcated that as a cultural pillar of the company whether it’s from a governance …

Anand Rathi Share and Stock Brokers files draft papers with SEBI for ₹745-crore IPO
4 weeks, 1 day ago

Anand Rathi Share and Stock Brokers files draft papers with SEBI for ₹745-crore IPO

The Hindu  

Anand Rathi Group's brokerage arm, Anand Rathi Share and Stock Brokers has filed draft papers with capital markets regulator Sebi to raise ₹745 crore through an Initial Public Offering. According to the draft papers filed on Saturday, ₹550 crore of the IPO proceeds will be allocated to fund the company’s long-term working capital requirements and for general corporate purposes. Anand …

Anand Rathi Group’s brokerage arm Anand Rathi Share and Stock Brokers files DRHP with SEBI for ₹745 crore IPO
4 weeks, 1 day ago

Anand Rathi Group’s brokerage arm Anand Rathi Share and Stock Brokers files DRHP with SEBI for ₹745 crore IPO

Live Mint  

Upcoming IPO: Anand Rathi Share and Stock Brokers, the brokerage arm of Anand Rathi, has filed a Draft Red Herring Prospectus with market regulator Securities and Exchange Board of India for an Initial Public Offering. Nuvama Wealth Management Limited, DAM Capital Advisors Limited, and Anand Rathi Advisors Limited are the book-running lead managers, and Link Intime India Private Limited is …

India’s IPO Craze Continues as Vishal Mega Mart Draws Strong Demand
1 month ago

India’s IPO Craze Continues as Vishal Mega Mart Draws Strong Demand

Live Mint  

-- Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. IPO craze continues as Vishal Mega Mart draws strong demand India’s equity capital markets show no signs of slowing down, edging closer to their 2021 peak of $21.8 billion in fundraising via IPOs. Vishal Mega Mart’s $944 …

Mobikwik IPO subscribed fully in less than 90 minutes of opening
1 month ago

Mobikwik IPO subscribed fully in less than 90 minutes of opening

New Indian Express  

NEW DELHI: The initial oublic offer of fintech firm One Mobikwik Systems saw a strong participation from investors as the issue was fully subscribed in less than 90 minutes of opening on Wednesday. The Rs 8,000 crore IPO of supermarket chain Vishal Mega Mart saw 51% subscription at the end of the first day of bidding. The company already raised …

One MobiKwik Systems IPO subscribed 7.3 times on first day of offer
1 month ago

One MobiKwik Systems IPO subscribed 7.3 times on first day of offer

The Hindu  

The initial public offering of fintech company One MobiKwik Systems got subscribed 7.3 times, receiving an overwhelming response from retail investors, on the first day of sale on Wednesday. The Retail Individual Investors part got subscribed 26.71 times, while non-institutional investors category received 8.97 times subscription, and the quota for Qualified Institutional Buyers received a mere 2 per cent subscription. …

India IPO share sales rise to record in 2024, growing about 3-fold from last year on upbeat investor appetite
1 month ago

India IPO share sales rise to record in 2024, growing about 3-fold from last year on upbeat investor appetite

Live Mint  

Investors purchased a record ₹1,34,345 crore of shares in initial public offerings so far in 2024, as 76 companies including Hyundai Motor India, Swiggy, NTPC Green and Bajaj Housing Finance listed on the stock exchanges, giving venture capital and private equity firms profitable exits. Sai Life Sciences’ investors such as TPG Asia and HBM Private Equity India are expected to …

MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in
1 month ago

MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in

Live Mint  

-Indian digital payments firm MobiKwik's 5.72 billion-rupee initial public offering was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India's booming online payments market. Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold, exchange data showed. India's …

MobiKwik IPO: Fintech major raises ₹257 crore from anchor investors ahead of subscription
1 month ago

MobiKwik IPO: Fintech major raises ₹257 crore from anchor investors ahead of subscription

Live Mint  

MobiKwik IPO: One Mobikwik Systems Limited raised nearly ₹257 crore from anchor investors ahead of its IPO subscription opening for bidding tomorrow. MobiKwik Ltd allocated 92.26 lakh equity shares to 21 funds at ₹279 apiece in the anchor round, the upper end of the price band. MobiKwik IPO details MobiKwik Systems is poised to raise ₹572 crore through its IPO, …

IPOs Ahead: Equity Markets To See Rush Of 11 Maiden Offers Including Mobikwik, Vishal Mega Mart
Trending News
1 month ago

IPOs Ahead: Equity Markets To See Rush Of 11 Maiden Offers Including Mobikwik, Vishal Mega Mart

ABP News  

The equity markets are all set to witness major action on the intial public offering front in the coming week. About 11 firms are gearing up to launch their maiden offers in the week including Sai Life Sciences, Vishal Mega Mart, One Mobikwik Systems, and Inventurus Knowledge Solutions Ltd. Along with five mainboard IPOs, six SMEs are also gearing up …

Vishal Mega Mart IPO: Price band set at ₹74-78 per share; check issue details, key dates, more
1 month, 1 week ago

Vishal Mega Mart IPO: Price band set at ₹74-78 per share; check issue details, key dates, more

Live Mint  

Vishal Mega Mart IPO price band: The Vishal Mega Mart IPO price band has been fixed in the range of ₹74 to ₹78 per equity share of the face value of ₹10. The Vishal Mega Mart IPO date of subscription is scheduled for Wednesday, December 11, and will close on Friday, December 13. The allocation to anchor investors for the …

Temasek-backed Star Agriwarehousing files DRHP for IPO with SEBI
1 month, 1 week ago

Temasek-backed Star Agriwarehousing files DRHP for IPO with SEBI

Live Mint  

Star Agriwarehousing and Collateral Management Limited has filed its draft red herring prospectus with the capital market regulator, Securities and Exchange Board of India, for an initial public offering. Issue Details The IPO consists of fresh issuance of equity shares valued at ₹450 crore, along with an offer for sale of 2.69 crore equity shares from current shareholders. Claymore Investments …

Upcoming IPOs: Blackstone-owned International Gemological Institute, Ventive Hospitality, and five others get SEBI nod
Trending News
1 month, 1 week ago

Upcoming IPOs: Blackstone-owned International Gemological Institute, Ventive Hospitality, and five others get SEBI nod

Live Mint  

Upcoming IPO: Blackstone-owned International Gemological Institute Limited, Ventive Hospitality, Concord Enviro Systems Limited, Carraro India Limited, Trualt Bioenergy Limited, Smartworks Coworking Spaces Limited, and Ecom Express Limited received the final approval from the Securities and Exchange Board of India for going ahead with their initial public offering, according to a regulatory filing on November 29. International Gemological Institute IPO Details …

2024: A year of IPO boom as retail interest zooms
1 month, 2 weeks ago

2024: A year of IPO boom as retail interest zooms

Live Mint  

2024 has been a landmark year for the Indian initial public offer market, with an unprecedented surge in fundraising and retail participation. A hot streak in 2024 IPO activity in India has hit a new record this year with a staggering ₹1.4 trillion raised through both main-board and small and medium enterprises segments. While mainstream IPOs offered limited listing gains, …

IPO Frenzy Continues, 10 Firms Plan To Raise Rs 20,000 Crore Via Maiden Issues In Dec
1 month, 3 weeks ago

IPO Frenzy Continues, 10 Firms Plan To Raise Rs 20,000 Crore Via Maiden Issues In Dec

ABP News  

The IPO frenzy seems to not be ending any time soon. The primary market is expected to remain strong with at least 10 firms planning to raise a combined Rs 20,000 crore via maiden issues in the next month, merchant bankers revealed. The companies scheduled to launch their public offers include Vishal Mega Mart, NBFC Avanse Financial Services, International Gemmological …

IPO pipeline to remain strong; 10 companies aim to raise ₹20,000 cr in Dec
1 month, 3 weeks ago

IPO pipeline to remain strong; 10 companies aim to raise ₹20,000 cr in Dec

Live Mint  

New Delhi, Nov 24 The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute Ltd expected to raise a combined ₹20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras …

IPO Update: Kolkata-based Crizac refiles IPO papers with SEBI
1 month, 3 weeks ago

IPO Update: Kolkata-based Crizac refiles IPO papers with SEBI

Live Mint  

IPO Update: Kolkata-based Crizac has refiled papers with market regulator Securities and Exchange Board of India for an initial public offering. In the six months ending September 30, 2023, as well as during the last three fiscal years, Crizac Limited facilitated enrollment applications from over 75 countries through its registered agents using its technology platform. The company's pro forma consolidated …

Upcoming IPO: Construction material supplier ArisInfra Solutions gets SEBI nod for ₹600-crore public issue
1 month, 3 weeks ago

Upcoming IPO: Construction material supplier ArisInfra Solutions gets SEBI nod for ₹600-crore public issue

Live Mint  

ArisInfra Solutions IPO: ArisInfra Solutions Limited received the green signal from the Securities and Exchange Board of India to launch its initial public offering. ArisInfra Solutions Limited is a business-to-business firm which uses technology to simplify and digitise the procurement process for construction materials. ArisInfra Solutions IPO Details ArisInfra Solutions Limited aims to raise ₹600 crore through the public issue, …

Venture Capital Firms Encourage Startups to Go Public in a Bull Market
2 months, 3 weeks ago

Venture Capital Firms Encourage Startups to Go Public in a Bull Market

Live Mint  

Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public. Startups can take advantage of a bullish stock market and return capital to their investors through an IPO. However, the IPO market is hot, and startups must be prepared to meet investor expectations. Some startups are …

Upcoming IPO: Shree Tirupati Balajee Offer Open For Bidding From Sep 5, Check Price Band And Details
4 months, 1 week ago

Upcoming IPO: Shree Tirupati Balajee Offer Open For Bidding From Sep 5, Check Price Band And Details

ABP News  

Shree Tirupati Balajee Agro Company is set to list its initial public offering in the stock market next week. The maiden offering includes a fresh issue of 1.47 crore equity shares worth Rs 122.42 crore and an offer-for-sale of 56.9 lakh equity shares coming up to Ts 47.23 crore. The company plans to raise Rs 169.65 crore via the public …

Premier Energies Limited IPO to open tomorrow: All you need to know
4 months, 2 weeks ago

Premier Energies Limited IPO to open tomorrow: All you need to know

India Today  

The initial public offering of Premier Energies IPO will open for bidding on Tuesday, looking to raise Rs 2,830.40 crore. Premier Energies' IPO is a book-built issue which includes a fresh issue of 2.87 crore shares, amounting to Rs 1,291.40 crore, and an offer for sale of 3.42 crore shares totalling to Rs 1,539 crore. Premier Energies IPO objectives The …

Upcoming IPO: Rekha Jhunjhunwala-Backed Bazaar Style Retail Submits Papers For Maiden Offer, Check Details
4 months, 3 weeks ago

Upcoming IPO: Rekha Jhunjhunwala-Backed Bazaar Style Retail Submits Papers For Maiden Offer, Check Details

ABP News  

Bazaar Style Retail, backed by Rekha Rakesh Jhunjhunwala, submitted the red herring prospectus with the Securities and Exchange Board of India for its initial public offering. The prospectus of the company showed that the maiden listing includes a fresh issue of equity shares worth Rs 148 crore and an offer-for-sale of 1.7 crore equity shares being sold by promoter group …

Rekha Jhunjhunwala-backed Baazar Style Retail may launch IPO this week: Report
4 months, 3 weeks ago

Rekha Jhunjhunwala-backed Baazar Style Retail may launch IPO this week: Report

Hindustan Times  

Rekha Jhunjhunwala-backed Baazar Style Retail is reportedly launching its initial public offering this week. The company had filed its draft red herring prospectus in May this year as per which the proposed IPO comprises a fresh issue of equity shares worth ₹185 crore and an offer for sale of up to 1.68 crore shares by promoter group entities and other …

Mumbai-based realty firm Ashwin Sheth Group plans to float an IPO in the next 2 years, raise ₹2,000- ₹3,000 crore
6 months ago

Mumbai-based realty firm Ashwin Sheth Group plans to float an IPO in the next 2 years, raise ₹2,000- ₹3,000 crore

Hindustan Times  

Mumbai-based real estate developer, Ashwin Sheth Group, on July 9 announced that it plans to float an Initial Public Offering in the next 18 to 24 months and raise ₹2,000 to ₹3,000 crore. Ashwin Sheth Group on July 9 announced that it plans to float an Initial Public Offering in the next 18 to 24 months and raise ₹ 2,000 …

IPO: Godavari Biorefineries Submits Draft Papers With SEBI For Maiden Offer
6 months, 4 weeks ago

IPO: Godavari Biorefineries Submits Draft Papers With SEBI For Maiden Offer

ABP News  

Godavari Biorefineries Ltd submitted the draft papers for its maiden initial public offering with the Securities and Exchange Board of India. The firm, involved in manufacturing of ethanol-based chemicals, sought approval from the regulator for the fresh listing and filed a draft red herring prospectus to capitalise funds via the offering. The firm’s maiden offer comprised a fresh issue of …

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate
7 months ago

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate

Hindustan Times  

Bajaj Housing Finance is launching a Rs.7,000 crore IPO. Bajaj Housing Finance managed Rs.91,370 crore worth of assets as of March 31st this year. Bajaj Housing Finance was till now, a wholly-owned subsidiary of Bajaj Finance. The lead book-runners are Kotak Mahindra Capital Company Limited, BofA Securities India Limited, Axis Capital Limited, Goldman Sachs Securities Private Limited, SBI Capital Markets …

Suraj Estate IPO day 2 subscription status: Issue subscribed 2.42 times
1 year ago

Suraj Estate IPO day 2 subscription status: Issue subscribed 2.42 times

Live Mint  

Suraj Estate IPO : The initial public offering of Suraj Estate Developers Limited that opened on Monday, December 18 and will remain open till Wednesday 20th December 2023, saw retail portion subscribed 390% Suraj Estate IPO subscription status As on 19th December, Tuesday the issue had been subscribed 2.42 times. The public issue subscribed 3.9 times in the retail category, …

Suraj Estate IPO day 2 subscription status: Issue subscribed 127% at 12 PM
1 year ago

Suraj Estate IPO day 2 subscription status: Issue subscribed 127% at 12 PM

Live Mint  

Suraj Estate IPO : The initial public offering of Suraj Estate Developers Limited that opened on Monday, December 18 and will remain open till Wednesday 20th December 2023, saw retail portion subscribed 200% Suraj Estate IPO subscription status As on 19th December, Tuesday the issue had been subscribed 1.27 times. The public issue subscribed 2.23 times in the retail category, …

SEBI sets conditions for National Stock Exchange IPO. These are…
1 year ago

SEBI sets conditions for National Stock Exchange IPO. These are…

Hindustan Times  

The Securities and Exchange Board of India has laid down some important conditions for the National Stock Exchange's proposed initial public offering, media reports said on Monday. According to Zee Business, the NSE had filed its draft papers for the IPO with SEBI in December 2016, with a plan to raise ₹10,000 crore from the public issue, which was planned …

IPOs: Mistakes to avoid when investing in public offerings. A checklist!
2 years ago

IPOs: Mistakes to avoid when investing in public offerings. A checklist!

Live Mint  

For a company that plans to get listed and raise fresh capital, an IPO is the main route. The IPO market witnessed a lacklustre demand in the first few months of 2022, and also, major startups that launched their IPOs corrected heavily post-listing. As per Prime Database report, in 2022, a total of 40 Indian companies raised around ₹59,412 crore …

Fundraising Via IPO Nearly Halves To Rs 59,412 Crore In 2022; 35% By LIC Alone: Prime Database
2 years ago

Fundraising Via IPO Nearly Halves To Rs 59,412 Crore In 2022; 35% By LIC Alone: Prime Database

News 18  

A total of 40 Indian companies raised Rs 59,412 crore through main board IPOs in the calendar year 2022, which is half of the Rs 1,18,723 crore mobilised by 63 IPOs in 2021, according to data from primary market tracking firm Prime Database. Out of the total fundraising via IPO in 2022, about Rs 20,557 crore or a huge 35 …

Nearly 100 public offerings in 2023? How experts see IPO market performing
2 years ago

Nearly 100 public offerings in 2023? How experts see IPO market performing

Live Mint  

A little over a week is all we have left of the year 2022! This robustness for IPOs will continue because these IPOs are being supported by domestic retail and institutional capital unlike earlier when capital markets relied heavily on foreign institutional investors. According to Gopal Kavalireddi, Head of Research at FYERS, as per primary market updates, more than 55 …

‘No business to suggest…’: SEBI chief on IPO pricing of new-age tech firms
2 years, 4 months ago

‘No business to suggest…’: SEBI chief on IPO pricing of new-age tech firms

Hindustan Times  

Securities Exchange Board of India chairperson Madhabi Puri Buch on Tuesday said the capital markets regulator has no business to suggest pricing of the initial share sale of new-age technology companies. Sebi chairperson Madhabi Puri Buch said a company is free to ask for a higher price, but needs to disclose what happened in the intervening period which justifies the …

Sebi Gives Approval To 28 Companies in April-July To Launch IPOs; Check Details
2 years, 5 months ago

Sebi Gives Approval To 28 Companies in April-July To Launch IPOs; Check Details

News 18  

The Securities and Exchange Board of India gave its approval to initial public offerings through which 28 companies plan to raise about Rs 45,000 crore in April-July 2022. The firms that have got the Sebi approval for IPOs include Bharat FIH, a subsidiary of FIH Mobiles and a Foxconn Technology Group; lifestyle retail brand FabIndia; Blackstone-backed Aadhar Housing Finance; TVS …

Delhivery Likely To Launch IPO In Q1 Of Next Fiscal As Market Sentiment Improves, Says Report
2 years, 9 months ago

Delhivery Likely To Launch IPO In Q1 Of Next Fiscal As Market Sentiment Improves, Says Report

ABP News  

New Delhi: Delhivery, Indian logistics firms, may launch its initial public offering in the first quarter of next financial year, quoting some investment bankers, Business Standard has reported. According to the report, one of the bankers have said, “The market has seen an improvement in the past one week amid talks of ceasefire between Russia and Ukraine. If market conditions …

IPO fundraising at highest ever in 2021-22
2 years, 9 months ago

IPO fundraising at highest ever in 2021-22

India TV News  

Highlights Total 52 Indian corporates raised an all-time high Rs 1.11L crore through main board IPOs in 2021-22 The 2021-22 IPO amount was over 3.5 times Rs 31,268 cr raised through 30 IPOs in 2020-21 The previous best year was 2017-18 in which Rs 81,553 crore was raised A total of 52 Indian corporates raised an all-time high Rs 1.11 …

IPO mania gets reality check in India after series of flops
2 years, 10 months ago

IPO mania gets reality check in India after series of flops

Hindustan Times  

A boom in technology initial public offerings in India risks grinding to a halt after several of the country’s highest-profile startups tanked soon after listing. “Investors are no longer enamored of the household name startups; they want a path to profitability and returns, not hype and hoopla,” said Anup Jain, a managing partner at early-stage investor Orios Venture Partners. Delhivery …

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details
2 years, 11 months ago

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details

News 18  

Life Insurance Corporation of India filed the draft red herring prospectus with the market regulator for its much-awaited initial public offering. LIC IPO Size: The central government owned 100 per cent stake in Life Insurance Corporation. The proceeds of LIC IPO will go to the central government and the insurance company will not receive any funds as the issue will …

Adani Wilmar IPO GMP, Subscription, Strength, Other Details. Should you Invest?
2 years, 11 months ago

Adani Wilmar IPO GMP, Subscription, Strength, Other Details. Should you Invest?

News 18  

Adani Wilmar initial public offering saw a tepid response from investors on day one. Adani Wilmar IPO is a complete fresh issue of equity shares of Rs 3,600 crore and no existing promoters or shareholders will be selling any shares. Adani Wilmar IPO comprises a fresh issue of new equity shares of face value Re 1 for an amount of …

The trends and concerns pertaining to initial public offers in India
2 years, 11 months ago

The trends and concerns pertaining to initial public offers in India

Live Mint  

2021 witnessed a surge in IPOs in India and globally. Key drivers which propelled the IPO market in India are new-age technology start-ups, extended low interest rate environment, strong retail participation and the Indian growth story. To address these concerns, market regulator, the Securities and Exchange Board of India has introduced some reforms recently, including a cap on OFS by …

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