Initial Public Offering (ipo)

The IPO is likely to raise around Rs 10,000 crore, with HDFC Bank diluting stake by nearly 10 percent to meet regulatory norms

Appointment of merchant banker for Canara Robeco AMC IPO in final stages

The Canara Robeco AMC is likely to be launched in the fourth quarter of FY25 and that of Canara HSBC Life Insurance Company in the first quarter of the next fiscal, Canara Bank CEO K Satyanarayana Raju has said

IRM Energy sees no threat to CNG from the EV value chain

The city gas distribution company plans to use the bulk of its IPO proceeds on capex for expansion. However, it cautions that its growth will slow down in the years to come due to the higher base effect.

IPO fundraising dips 26% in H1 FY24, but retail investor confidence remains high, shows data

Of the 31 IPOs that hit the market in H1 FY24, as many as 21 were rolled out in August and September, according to data from PRIME Database

Valiant Laboratories to boost revenue, margins by diversifying into specialty chemicals

Valiant Laboratories’ FY23 operating margins stand at 10 percent, which is almost half, compared to other peers like Granules and Alkyl Amines Chemicals.

Yatra eyes corporate travel for sales growth rebound, as Rs 775-crore IPO opens today

Yatra's growth momentum lost to peers, but set to rebound as employees get back to work

Jupiter Life Line Hospitals to target micro-markets in western India for growth

The company’s debt/equity ratio is 1.3 times compared to the industry average of 0.6 times. Post the initial public offering, the company would be debt-free

SEBI should cut IPO timelines, allow brokers as underwriters: Raamdeo Agarwal

The Motilal Oswal Financial Services chairman suggested that the process for granting clearance to go public should be streamlined to a concise one-month period

Aeroflex Industries targets fourfold revenue growth in 5 years

The IPO of the company, which makes advanced hoses catering to a range of high-tech and specialised sectors, opened on August 22 and was fully subscribed on Day 1

Yatharth Hospital plans to be debt-free and improve occupancy per bed in next two years

The IPO was subscribed 1.08 times as of 5:00 pm on July 26, the first day of subscription

Federal Bank subsidiary FedFina revives IPO plans

The FedFina IPO will be undertaken through fresh issues and an offer for sale.

Utkarsh Small Finance sees oversubscription on the back of brisk growth prospects

While the bank’s growth is robust, a key concern for Utkarsh is its low CASA level of 20.8 percent. Another issue is its high concentration in two states, Bihar and Uttar Pradesh.

Veefin Solutions IPO opens June 22; check offer price, other details

The issue price for the small and medium enterprise IPO has been set at Rs 82. The bidding process will end on June 26

ideaForge Tech sets IPO price band at Rs 638-672 a share

The closing date for the offer would be June 29, while the anchor book will be launched for a day on June 23, 2023.

Only four IPOs in March quarter but India leads in share sale by large corporates: EY

In contrast, the SME market witnessed higher activity, having raised $82 million via 38 IPOs

Oyo turns cash flow positive in Q4, ends FY23 in black as it gears up to go public

Oyo, which refiled its draft red herring prospectus (DRHP) with the SEBI under the recently introduced pre-filing route in March 2023, was sitting on a cash reserve of around Rs 2,700 crore, according to the presentation.

Avalon Tech's Rs 865-crore IPO opens for subscription on April 3

Avalon Tech IPO: The electronic manufacturing services company has cut its IPO size to Rs 865 crore from Rs 1,025 crore. The offer comprises a fresh issue of Rs 320 crore and an offer for sale of shares worth up to Rs 545 crore

Sebi gets stricter with IPO clearance, returns draft papers for six listings

Sebi has become stricter after investors lost their money in some of the high-profile initial shares in 2021 and according to data compiled by Primedatabase.com, the average time taken by the markets regulator in approving an IPO in 2022 was 115 days.

Battery maker Northvolt in talks to hire IPO banks

The company, which last raised funding from investors at a valuation of $12 billion in 2021, is expected to tap Goldman Sachs Group and Morgan Stanley to lead a stock market launch

After this year’s IPO slump, bankers are wary of 2023 relief

Just $207 billion have been raised this year from listings — 68% down versus last year — as a surge in flotations in China and the Middle East failed to make up for a frozen US market.

Archean Chemical Industries IPO subscribed 1.41 times on Day 2

The Initial Public Offering (IPO) received bids for 2,81,97,180 shares against 1,99,57,325 shares on offer, according to data available with the National Stock Exchange (NSE).

Porsche to debut amid market tumult in historic IPO

Books closed on Wednesday with a final price of 82.50 euros, the carmaker said, at the top end of the 76.50-82.50 euro range it announced earlier this month.

Next-in-line public issues to revive bullish bets on Indian markets

Digit Insurance, Concord Biotech, Dreamfolks Services, and Balaji Solutions are a few upcoming IPOs you can watch out for.

IPO activity in India to pick up in Q1CY23, says Grant Thornton Bharat's Prashant Mehra

The first half of 2022 saw 17 IPOs worth $6 billion in India, with LIC alone raising $2.8 billion. It was the largest IPO in the country's history. Logistics company Delhivery and FMCG company Ruchi Soya raised $0.7 billion and $0.6 billion, respectively.