Glenmark’s API subsidiary Glenmark Life Sciences’ IPO process will commence this week. IPO DETAILS: Subscription: 27-29 July. Price band: Rs 695-720 per share. Total issue size: `1513.6 cr. Use of proceeds: - Payment of outstanding purchase consideration to Promoter for the spin-off of API business (from Promoter into their company) - Funding working capital requirements - General corporate purposes Ahead of the IPO, Moneycontrol's Karunya Rao fills us in on all the details to help you decide if you should subscribe to offer or not.
India’s leading food delivery startup Zomato gained over 60 percent on listing day. The Rs 9,375-crore initial public offering, which opened for subscription during July 14-16, got a stellar response, with the offer being subscribed 38.25 times. There have been at least 12 listings since January 2020 that saw gains of more than 50 percent. Take a look at some of them.
After the finalisation of share allotment, the company will start the process of refunds on July 23 and credit shares to eligible investors' demat accounts around July 26. The shares of Zomato will start trading on both BSE and NSE from July 27.
In the year 2020 many companies have gone public. A couple of initial public offerings (IPOs) which debuted in the last year, saw a record-breaking subscription from investors and delivered at least double-digit returns. Experts expect the momentum to continue as several companies have lined up IPOs. In the last one year, while four companies registered more than 100 percent gains on debut, Clean Science & Technology gained close to 100 percent (up 98.3 percent). Let’s have a look at the 8 IPOs who has gained more than 100 percent on the listing day. (Disclaimer: The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.)
Paytm IPO will be India's biggest public issue so far, a record that was previously held by Coal India, which raised over Rs 15,000 crore over a decade ago.
GR Infra IPO: Read on to get the direct links of the pages on BSE website and KFintech website where you can check status of your IPO application
Clean Science IPO: Investors can check their application status through two options — BSE website or IPO registrar website, which is LinkIntime
Zomato’s initial public offering received 1.05 times subscription on the very first day of the IPO launch. According to the subscription data available on the exchange, the public issue of one of the leading food service platforms in India has received bids for 75.60 crore equity shares against IPO size of 71.92 crore equity shares.
Here is the full list of investors that participated in the anchor book of Zomato
Paytm Money will allow users to place their bids even before the issue opens to the general public. The Zomato IPO is the first public issue to be launched with this feature on Paytm Money.
Applying the conventional methods of valuations to these businesses might not be appropriate. Simply because these businesses are quite unlike the conventional businesses.
Shyam Metalics IPO received an overwhelming response to its public issue from both qualified institutional buyers and non-institutional investors, witnessing oversubscription of 121.43 times.
With momentum building up once again with Sona Comstar and Shyam Metalik opening up for a subscription, the stage is getting set for two more IPOs this week - Dodla Dairy and Krishna Institute of Medical Sciences. Ahead of that, Moneycontrol's Karunya Rao fills us in on all the details to help you decide if you should subscribe.
The last initial public offering (IPO) was that of Macrotech Developers (erstwhile Lodha Developers), which opened during April 7-9.
The initial public offer (IPO) comprises fresh issue of equity shares worth Rs 300 crore and an offer for sale of up to 6,059,600 shares by promoter and existing shareholders, according to draft red herring prospectus (DRHP).
These companies will get listed on the exchange's SME platform, Ajay Thakur, head of BSE SME and Startup told PTI.
In the past CPPIB has been selective in its approach and has participated in equity capital market deals like the SBI Life Insurance IPO, the Power Grid InvIT IPO and the Embassy Office Parks QIP.
Valuation expectation benchmarked close to the multiples HDFC Mutual Fund’s shares command on the exchanges. Experts say strong leadership at AMC & Birla parentage may give the upside.
Given the sharp loss due to COVID-19 the company' net worth has dipped in the negative territory.
Attractive yield, quality assets, stable cash flows, and a buzzing project pipeline. Power Grid InvIT checks all these boxes. Watch the video to find out more about the company and whether you should subscribe to PowerGrid InvIT IPO.
Several companies are hitting the D-Street with their IPOs. Which company should one invest in, what can be the do’s and don’t of investing in a company's IPO? Here’s a checklist for investors before investing in an IPO.
Real-estate stocks have evolved and there is a huge premium for those who offer credibility, predictability, capability and prudence. A leading player in this space, enjoying strong brand equity is Macrotech Developers (erstwhile Lodha Developers), which is coming out with an IPO. Here's how should investors position themselves.
A dominant player in South India, Kalyan Jewellers is trying to have a wider footprint. How does its valuation position its IPO for investors? Watch the video to find out.
Each of these companies could list with healthy gains. But it’s a tricky call because strong listing gains do not mean a company is necessarily a good long-term pick. We look at what the experts recommend.
Kalyan Jewellers IPO is scheduled to open for subscription during March 16-18. The price band was fixed at Rs 86-87 per equity share.