The IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale of 80 lakh scrips by GTI Capital Beta Pvt Ltd, according to the draft red herring prospectus (DRHP) filed with Sebi.
The initial public offer of Future Supply Chain Solutions, the logistics arm of the Future Group, was subscribed 72 percent at the end of the second day of bidding today.
The IPO, which aims to raise Rs 504 crore, received bids for 1,57,11,900 shares against the total issue size of 1,45,21,686 shares - a subscription of 1.08 per cent - data available with NSE till 11.30 am showed.
The initial share sale, which opened to public subscription yesterday, will close tomorrow. Shalby on Monday raised over Rs 150 crore from anchor investors.
Xiaomi was valued at $46 billion in a 2014 funding round completed before its sales stagnated. More recently it has seen expectations of its value pick up following strong results this year.
HEM Securities has come out with its report on Future supply chain solutions IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on December 06, 2017.
In all, 2.93 million shares were allocated to 16 anchor investors. Nine of the anchor investors were mutual fund schemes belonging to six mutual fund houses.
The initial share sale of Shalby will be open for public subscriptions till December 7.
SPA Research has come out with its report on Shalby Company IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on December 04, 2017.
Centrum has come out with its report on Shalby Company IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on December 04, 2017.
HEM Securities has come out with its report on Dynamic Cables Ltd SME IPO.
In the current fiscal, domestic companies have raised Rs 49,175 crore between April and October, which is more than the amount raised between FY12-FY16 put together.
The Edelweiss Crossover Opportunities Fund comes at a time when the IPO market has gathered pace and companies from a wide range of sectors intend to go public in the near-term, opening up new investment opportunities.
The IPO comprises fresh issue of little over 1.67 crore shares by Reliance General Insurance besides an offer for sale of 5.03 crore shares by Reliance Capital.
The IPO comprises fresh issue of equity shares worth Rs 1,100 crore, besides, Srei Infrastructure Finance will sell up to 43,86,765 shares in an offer for sale, the listed entity said in a regulatory filing to the exchanges.
Kishore Biyani led Future Supply Chain Solutions is all set to launch its Rs 650 crore IPO. The issue is priced between Rs 660 to 664 per share and opens on December 6 and closes on December 8. CNBC-TV18's Priya Sheth caught up with the management and began by asking them what the dilution is in terms of promoters as well as of the private equity post the issue.
India has had a boom in IPOs, with a record $11 billion raised this year. However, high valuations - especially for some recent insurance IPOs - have produced some weak secondary market debuts and weighed on investor sentiment in recent weeks.
Value investors as a norm do not like to invest in initial public offerings (IPO). Most of them publicly disclose their aversion to it and advice retail investors to stay away from it.
During the initial share sale, as many as 307 shareholders will sell 63,31,674 shares of the company, according to the draft red herring prospectus (DRHP )filed with Sebi.
Khadim India's IPO was subscribed 1.90 times during November 2-6. The price band for the offer was fixed at Rs 745-750 per share.
A look at top cues from domestic and international cues that could have a bearing on D-Street.
The IPO, estimated to raise Rs 8,695 crore, received bids for 25,78,71,850 shares against the total issue size of 21,97,59,218 shares, as per NSE data.
HEM Securities has come out with its report on HDFC Standard Life Insurance Company IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on November 07, 2017.
While every good thing comes at a price, so does the IPO of HDFC Life. The bankers have priced the issue at a premium that leaves little on the table by way of short-term gains.
HDFC Standard Life Insurance Company Limited on Monday raised Rs 2,322 crore from anchor investors through allocation of 8.0686 crore equity shares at Rs 290 per equity share.