Watch the interview of GV Ravishankar, MD at Sequoia Capital, Kamal Yadav, MD at Morgan Stanley, Sudhir Bassi, Executive Director at Khaitan & Co, and A Velumani, Chairman, MD, and CEO at Thyrocare with Nisha Poddar of CNBC-TV18 where they discussed the IPO market in India.
Last two years have been magnificent in terms of number and amount of IPOs that ventured into the primary markets.
The initial public offer will see sale of 13.90 crore equity shares of the company, according to the draft red herring prospectus (DRHP) filed with SEBI.
Of the total, country's largest lender SBI alone garnered Rs 15,000 crore by issuing shares to institutional investors
Thyssenkrupp and Tata Steel will each own 50 percent of the venture and have committed to hold equal shares in the entity for the first six years.
Besides, the ongoing fiscal has witnessed the highest IPO activity since 2007-08, when companies had mopped up Rs 52,219 crore through the route.
Realty major Lodha Developers has revived plans to launch an initial public offer (IPO) and will soon approach market regulator Sebi with a fresh prospectus as it looks to raise Rs 3,000 to Rs 6,000 crore including by pre-IPO placement of shares.
The qualified institutional buyers (QIBs) portion got oversubscribed 103.36 times, non institutional investors 396.99 times and retail investors 76.26 times, merchant banking sources said. The issue is in the price band of Rs 45-50.
Astron Paper and Board Mills' initial public offer (IPO) was over-subscribed 12.39 times on the third day of issue on Tuesday.
The IPO to raise Rs 70 crore received bids for 9,60,60,160 shares against the total issue size of 1,40,00,000 shares, data available with the NSE showed.
Watch the interview of K Sanath Kumar, CMD of National Insurance with Yash Jain of CNBC-TV18 where he spoke about the hopeful launching of National Insurance IPO by March-end.
The IPO to raise Rs 70 crore received bids for 7,15,88,440 shares against the total issue size of 1,40,00,000 shares.
The company's market valuation stood at Rs 2,747.06 crore.
We need to bring in efficiencies in our supply chain and that opportunity has been created with the removal of all the tax barriers, said Rakesh Biyani, Chairman of Future Supply Chain Solutions.
The stock listed at Rs 674 on the BSE on Monday. The issue price was fixed at Rs 664 per share.
Thane-based business process outsourcing (BPO) company One Point One Solutions has taken the SME markets by storm garnering a whopping subscription of over Rs 2,600 crore for its Rs 43 crore initial public offering.
The portion set aside for qualified institutional buyers was oversubscribed 1.50 times, non institutional investors 10 percent and retail investors 2.24 times.
Shares of multi-speciality hospital chain Shalby Ltd made a sluggish debut on bourses on Friday, ending 3.5 percent lower over the issue price of Rs 248.
Earlier this year, ICICI Bank had diluted part of its holding in ICICI Lombard General Insurance Company's IPO.
Indiamart's existing investors include Intel Capital, Amadeus Capital, WestBridge Capital and Quona Capital.
The public issue of the logistics arm of Future Group was subscribed 7.56 times during December 6-8, 2017.
With 1,40,00,000 equity shares of face value of Rs 10 each, at the upper end of the price band, the firm could be looking to raise Rs 70 crore through the issue that will close on December 20, 2017.
In pre-opening trade, the stock settled at Rs 239.70 against IPO price of Rs 248.
If it gets a go ahead, the investment banker will become the first institution in India which will be allowed to do so.
In an interview to CNBC-TV18, Raj Sharma, Chairman of Majestic Research Services and Solutions, which listed in mid-2015 and is one of Asia's largest independent full service market research companies and Mahavir Lunawat, Group Founder & MD of Pantomath Group which has handled the maximum SME IPOs overall discussed about the road ahead and what the risks are.