As compared to 2023, this year the IPO fundraising has seen a spike of over Rs 1.10 lakh crore. The IPO boom not only shows issuer's confidence but also investor's faith to invest in the IPOs of firms with strong future prospects.
Hyundai Motor India IPO Day 2 sees a 22% subscription, with retail investors showing strong interest. The price band is set between Rs 1865 and Rs 1960, and the grey market premium stands at Rs 65.
Interestingly, the Indian IPO market has been experiencing a significant uptrend recently because of the positive market sentiment and a strong macroeconomic environment.
Saraswati Saree Depot will finalise its IPO allotment on August 16. Investors can check their status via the BSE website or Bigshare Services portal by Monday. The IPO, which aimed to raise around Rs 160.01 crore, was oversubscribed 107.52 times, with strong interest from non-institutional bidders.
The Agra-based firm is among the largest exporters of frozen buffalo meat products from India. Its products are exported to over 40 countries all over the globe. More than 90 per cent of its sales comes from exports.
Here is a list of some of the upcoming IPOS (Initial Public Offering) in January 2023. The list sums up companies like Zaggle Prepaid Ocean Services Limited, Puranik Builders Limited and Indegene Limited.
LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders.
Based on the bid received for Paytm's Rs 18,300 crore initial public offer (IPO), the company will list an enterprise valuation of Rs 1,49,428 crore or slightly over USD 20 billion at an exchange rate of 74.35.
Six companies, which filed their preliminary IPO papers with Sebi between May and August, obtained its "observations" during October 11-14, an update with Sebi showed on Monday.
Chemplast Sanmar Ltd on Thursday said it has fixed a price band of Rs 530-541 a share for its Rs 3,850-crore initial public offering.
The Rs 1,546.62 crore-IPO is entirely an offer for sale (OFS) by existing promoters and other shareholders.
Brookfield REIT IPO Date: Brookfield REIT is the the country's only 100 per cent institutionally managed public commercial real estate vehicle. The price band is fixed at Rs 274 to Rs 275. Retail investors can bid for minimum 200 shares.
Shares of Home First Finance Company will be listed on the BSE and NSE today. Shares were quoting a grey market premium of Rs 140 to trade at Rs 658 apiece.
Indigo paints IPO allotment: Shares will be credited to demat account on February 1. The listing of Indigo Paints shares is expected on February 2.
Stove Kraft IPO will open for subscription on January 22. The three-day initial share-sale will close on January 28.
The portion meant for qualified institutional buyers (QIBs) was subscribed 86.64 times, non-institutional investors 354.11 times and retail individual investors (RIIs) 68.15 times.
According to an analysis of data available with the stock exchanges, 12 initial public offerings (IPOs) in 2020 so far raised around Rs 25,000 crore, significantly higher than Rs 12,362 crore mopped up through 16 initial share-sales in the entire 2019.
UTI Asset Management Company (AMC) has raised Rs 645 crore from anchor investors as its initial share-sale opens for public subscription on Tuesday.
Kerala-based Kalyan Jewellers, a retail jeweller with pan-India presence filed for an initial public offering (IPO) to raise Rs 1,700 crore, the largest IPO by any jewellery retail brand in the domestic bourses.
Ujjivan Small Finance Bank IPO: With oversubscription of more than 165 times Ujjivan Small Finance Bank IPO has now become the most subscribed IPO (initial public offering) of 2019. It received an overwhelming response for its ₹750 crore IPO.
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