LIC IPO | A look at the journey of India’s leading insurance company
On February 13 LIC filed a draft red herring prospectus with Security Exchange Board of India (Sebi) to raise funds via initial public offering. The IPO consists of an offer for sale of upto 316.25 million shares or 5 percent stake by the government of India. The listing of LIC is poised to be India's biggest IPO to date. LIC continues to be the dominant life insurer even in the liberalised scenario of Indian insurance and is moving fast on a new growth trajectory surpassing its own past records
Paytm stock volatile as brokerages mixed on results
Paytm stock at 10.20 am was trading at Rs 969 on BSE, up 1.7% from its previous close. The stock hit a high and a low of Rs 984 and Rs 898 respectively.
LIC IPO: Market cap of India’s biggest insurer likely to hit $293 billion after listing
At such a level, based on the current valuation multiples of listed life cover players in India, LIC will become the second-largest listed insurance provider and the largest life insurer globally
Economic Survey 2022: Fundraising from IPOs hit decade high in first eight months of FY22
The survey noted that 75 companies raised Rs 89,066 crore from the primary market through initial public offerings in April-November as against Rs 14,733 crore in the same period in 2020.
AGS Transact fails to impress on listing day; what should investors do?
Analysts recommend that investors book profits on any gains post listing
AGS Transact Technologies prepones listing day to Monday. What should you expect?
The maiden public offer was subscribed 7.79 times during January 19-21 amid good participation by all kind of investors. Non-institutional investors had put in bids 25.61 times their reserved portion.
Why LIC policyholders are rushing to open demat accounts ahead of IPO
India’s largest insurer, Life Insurance Corporation of India (LIC), is expected to file its IPO prospectus soon. While LIC is ironing out the finer points before launching the mega IPO, brokers are getting ready to cash in on the huge interest from LIC policyholders. Know the reasons behind the demat frenzy.
AIF, Credit Suisse, Integrated Core Strategies, Societe Generale sell substantial shares in SJS Enterprises
Alternate Investment Funds, Credit Suisse Singapore, Integrated Core Strategies Asia Pte and Societe Generale name are missing in SJS Enterprises' latest December quarter shareholding data.
Adani Wilmar IPO subscribed 51 percent on first day, retail portion booked 85 percent
Adani Wilmar IPO | The company garnered Rs 940 crore through anchor book on January 25, ahead of public issue opening, at a price of Rs 230 per share.
Morgan Stanley reduces stake in Paytm substantially
Morgan Stanley’s name is missing from the key shareholders' list, as per data. However, it is not clear whether the brokerage firm has sold its entire stake in Paytm or its ownership has come down to less than one percent.
Adani Wilmar IPO likely to launch on January 27
The firm, which aims to be the largest food company in India by 2027, is trying to muscle its way in the fast-growing consumer segment and unlock value through the IPO. If the plans fructify, it will be the seventh firm to be listed from the diversified Adani group’s stable
Waaree Energies, Five-Star Business Finance get SEBI approval for IPO
Waaree Energies had filed its draft papers for the public issue in September with the intention to raise Rs 1,350 crore through the issue of fresh shares and an offer for sale of 4 million shares.
IPO craze to continue in March quarter; 23 firms line up public issues worth Rs 44,000 crore
This comes after 63 companies mopped up a record Rs 1.2 lakh crore in 2021 through initial public offerings (IPOs) even as the pandemic gloom shadowed the broader economy.
Aether Industries files draft papers with SEBI to raise funds through IPO
The IPO comprises a fresh issue of Rs 757 crore and an offer-for-sale of up to 2.57 million shares by its existing promoter Purnima Ashwin Desai
FPIs have pumped in Rs 79,851 crore in IPOs this year
FPIs became net buyers of $3.9 billion worth of Indian equities in 2021 despite selling stocks worth $6.8 billion in the secondary market
IPO-bound firms see correction in unlisted market
In 2021, 63 Indian corporate entities have raised Rs 1.19 trillion via IPOs with most firms reporting healthy gains on debut
Officer's Choice whiskey maker Allied Blender seeks to go public
The maker of Officer’s Choice whiskey has initiated talks with advisors and seeks a valuation of at least $2.5 billion
I have full confidence in Star Health management, Rakesh Jhunjhunwala says despite tepid debut today
"Star Health dominates the sector with about 31% market share in retail health insurance in India. I think this kind of dominance in an industry which is poised to grow is very rare."
Anand Rathi Wealth IPO share allotment likely today; here's how to check allotment status online
The Mumbai-based financial services group had received 9.78 times subscription by the closing day on Monday
Footwear retailer Metro Brands IPO to open on December 10
Axis Capital, Ambit, DAM Capital Advisors, Equirus Capital, ICICI Securities and Motilal Oswal Investment Advisors are the book running lead managers to the IPO
Star Health IPO: Should you subscribe to Rakesh Jhunjhunwala-backed insurer?
Ace investor Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Company is set to launch its maiden public offer on November 30, 2021. The IPO comprises a fresh issue of shares worth Rs 2,000 crore and will be the third-largest IPO in 2021, after Paytm and Zomato. Should you subscribe to this IPO? Watch the video to find out.
Paytm IPO: Why the flop listing may not be such a bad thing
Paytm’s poor listing is a good reminder that investors should care more about fear of loss than fear of missing out
Policybazaar parent PB Fintech lists today. Watch its founder on the growth ahead
Policybazaar and Paisabazaar operator PB Fintech shares made a decent debut on November 15 as the stock listed with a 17.35 percent premium. The opening tick on the BSE was Rs 1,150. The price trend was largely in line with analysts’ expectations and grey market trend.
Watch Yashish Dahiya in conversation with Chandra R Srikanth and Priyanka Iyer
350 Paytm employees set to become millionaires after IPO launch
With the Rs 18,300-crore share sale, the Paytm IPO has become the largest fintech IPO in the Asia Pacific region.
