Among the new entrants, Rail Vikas Nigam Limited, which got listed on April 11, has seen the biggest rally in its scrip, which jumped 21.31 per cent from its initial public offer (IPO) price on the NSE.
The IPO will be an offer for sale by the company's chairman Khurshed Yazdi Daruvala and Shapoorji Pallonji and Company, according to the Draft Red Herring Prospectus (DRHP).
Sebi's observations are necessary for any company to launch public issues such as IPO, follow-on public offer and rights issue.
The IPO could value the company at $3.5 billion and raise about $1 billion, according to a Bloomberg report.
Bajaj Energy plans to raise Rs 5,450 crore through public issue which comprises a fresh issue of up to Rs 5,150 crore and offer for sale of Rs 300 crore by promoter Bajaj Power Ventures Private Limited.
The category reserved for institutional investors was subscribed 8.88 times, while non-institutional investors segment was subscribed by 3.03 times. The retail investor category was subscribed 2.17 times, according to sources.
The IPO received bids for 1.25 crore shares as against the total issue size of 1.76 crore shares, according to the latest data on the National Stock Exchange.
The category reserved for non-institutional investors was subscribed 9 per cent, while that for retail individual investors was subscribed 25 per cent.
The price band for the IPO has been fixed in the range of Rs 877-880 per equity share.
The category reserved for qualified institutional buyers (QIBs) was subscribed 3 per cent, non institutional investors 15 per cent and retail individual investors 1.25 times, merchant banking sources said.
Pranav Haldea feels fund raising in 2019-20 is going to be significantly impacted by the outcome of the general elections.
For FY 18, Annai Infra reported revenue from operations at Rs 468 crore against Rs 311.8 crore in the previous year
The IPO is expected to raise about Rs 481 crore at the upper end of the price band.
Embassy Office Park, the joint venture of Blackstone and realty firm Embassy Group, raised Rs 2,619 crore from anchor and strategic investors ahead of its initial issue, which opened on Monday and closed on Wednesday.
MSTC revised the price range for the share sale to 120-128 rupees per share on Monday from 121-128 rupees.
The REIT issue received bids for 8,54,49,600 units against the total issue size of 7,12,56,400 units, according to NSE data till 1430 hrs.
The initial public offer was subscribed 1.12 times on the third day of bidding Friday.
The Rs 226-crore IPO received bids for 1,98,69,390 shares against the total issue size of 1,76,70,400 shares, the data available with the NSE till 1900 hrs showed.
The IPO, which opened for subscription on Wednesday, would close Friday and has a price band of Rs 121-128 per share.
While investor sentiment for Indian equities has picked up amid renewed hopes for a second term for Prime Minister Narendra Modi's government, analysts expect the primary market for equity issues to only gather pace after election results.
The issue will be launched on March 13 and closes on March 15.
The IPO would be by way of offer for sale by the Union government of 17,600,000 shares, equivalent to 25 per cent of the post-offer, paid-up equity share capital.
The insurance company has been talking about an IPO since 2016. The issue is necessitated by the American financial services major and its partner Metlife Inc's plans to exit the company.
Getting listed on a stock exchange not only brings a wider recognition to the company, it also gives the company an opportunity to raise funds from one of the most traditional investor class, the public. By listing, the risk of ownership is spread among a wider group of shareholders thereby allowing the original shareholders to make profits while retaining a stake in the company.
The Government of India will dilute its stake in the company by selling 1.76 crore equity shares (representing 25 percent of total paid-up equity) through offer for sale.