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.
Earlier this year, ICICI Bank had diluted part of its holding in ICICI Lombard General Insurance Company's IPO.
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.
The IPO, which opened for subscription from December 5-7, was subscribed 2.8 times at a price band of Rs 245-248 per share.
Jhunjhunwala expects Nazara, which may list next year, to be a market leader in the mobile gaming arena.
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 issue will open on December 15, 2017 and will close on December 20, 2017. The company has set a price band of Rs 45-50 per equity share for the same.
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.
Future Group's logistics arm Future Supply Chain solutions initial public offering (IPO) opens. The company plans to raise Rs 650 crores via the public offer. In an interview with CNBC-TV18, Sanjay Jain, Group CFO of Future Group spoke about the latest happenings in his company and sector.
The Rs 650-crore initial public offer of Future Supply Chain Solutions is set to open for subscription on Wednesday, with a price band of Rs 660-664 per share.
Future Supply said revenue earned from services related to contract logistics, express logistics and temperature-controlled logistics represented 69.8 percent, 21.7 percent and 6.2 percent of revenue from operations in fiscal 2017, respectively
The large part of the IPO proceeds will be used to pare debt and some for improvisation of facilities and buying equipment, said Vikram Shah, Chairman and MD, Shalby Hospitals.
The Ahmedabad-based multi-speciality hospital chain fixed the price band between Rs 245 to Rs 248 per equity share for its proposed initial public offer (IPO) to raise about Rs 504 crore.
The public offer comprises a fresh issue of equity shares aggregating up to Rs 480 crore and an offer for sale of up to 10,00,000 equity shares by Dr Vikram Shah.
After the proposed IPO, HDFC AMC would continue to be a subsidiary of HDFC.
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 company has fixed a price band of Rs 655-660 for the issue which will offer up to 9,784,570 equity shares that has a face value of Rs 10 each, and an offer-for-sale of up to 7,827,656 shares or 20 percent equity by Griffin Partners.
RINL, which was earning steady profits up to 2014, has been making losses due to variety of reasons such as slowdown and cheap imports from China.
Investing in Bharat 22 ETF is like participating in the Indian growth story and I am sure investors will take part in this growth story said, Neeraj Kumar Gupta, Secretary, DIPAM.
As much as 25 percent of the total issue size, or Rs 2,000 crore, was reserved for anchor investors who put in bids worth about Rs 12,000 crore, ICICI Prudential MF said.
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.
The Gurugram-based company has appointed Axis Capital and ICICI Securities as merchant bankers to advise it on its plans to list on the stock exchanges
The country's largest general insurance firm New India Assurance Company, which recently concluded its initial public offer, will be making its stock market debut on Monday, November 13, and most likely at a discount or to a slight premium.