Promoter Sanjay Shah holds 43.36 percent stake in Prudent Corporate, and investor Wagner Ltd, an affiliate of US-based private equity investor TA Associates, has 40 percent shareholding.
British International Investment Plc-backed Rainbow Children's Medicare, which operates 14 hospitals and three clinics in six cities, intends to raise Rs 1,581 crore through its IPO, which includes a fresh issue of Rs 280 crore worth of shares.
Both offers open in the midst of rising volatility in the secondary markets and experts advise investing in them only for the long term
Rainbow Children's Medicare IPO | The company intends to garner Rs 1,580.84 crore through its public issue at upper price band. The IPO comprises a fresh issue of Rs 280 crore and offer for sale up to 2.4 crore equity shares
Rainbow Children's Medicare IPO | Half of the offer has been reserved for qualified institutional investors, 15 percent for non-institutional investors, and the rest 35 percent for retail bidders.
The IPO comprises a fresh issue of Rs 280 crore and an offer for sale of up to 24 million shares by shareholders and promoters.
Investors can bid for a minimum of 51 equity shares and in multiples of 51 shares thereafter. Retail investors can make a minimum investment of Rs 14,892 for one lot and their maximum investment would be Rs 1,93,596 for 13 lots.
Up to 75 percent of the total offer is reserved for qualified institutional buyers, 15 percent for non-institutional bidders, and the remaining 10 percent for retail investors.
The higher end of the price band – Rs 650 a share – represents a 35 percent discount from Thursday's closing price
Vedant Fashions IPO | The company will not receive IPO proceeds as all the money will go to selling shareholders.
AGS Transact Technologies Ltd. claims to be one of the largest integrated omni-channel payment solutions providers in India, offering digital and cash-based solutions to banks and corporate clients.
AGS Transact clocked lower profit of Rs 54.79 crore in FY21, down from Rs 83.01 crore a year back, and its revenue declined marginally to Rs 1,758.94 crore from Rs 1,800.44 crore
AGS Transact Tech IPO | The issue will entirely be an offer for sale wherein promoter Ravi B Goyal will sell shares worth up to Rs 677.58 crore
CMS Info Systems IPO | The company in its BSE filing said it has finalised allocation of 1,52,77,777 equity shares to anchor investors, at a price of Rs 216 per equity share.
CMS Info Systems IPO | Half of the offer is reserved for qualified institutional buyers (including anchor investors), 15 percent for non-institutional investors, and the remaining 35 percent for retail investors.
Supriya Lifescience IPO | Nippon Life, Aditya Birla Sun Life Insurance, Abakkus Growth Fund, and Reliance General Insurance have invested in Supriya Lifescience.
Supriya Lifescience IPO | The company plans to raise Rs 700 crore through its maiden public offer that comprises a fresh issuance of shares worth Rs 200 crore and an offer for sale of Rs 500 crore by promoter Satish Waman Wagh
Data Patterns IPO | After consultation with merchant bankers, Data Patterns has finalised allocation of 30,16,533 equity shares to anchor investors, at a price of Rs 585 per equity share, as per the BSE filing on December 13.
While MapmyIndia closes for subscription on December 13, Medplus Health Services, Data Patterns India, HP Adhesives and Supriya Lifescience will launch their IPOs during December 13-17.
Supriya Lifescience IPO | Investors can bid for a minimum of 54 equity shares and in multiples of 54 shares thereafter. Retail investors can bid for a minimum of shares worth Rs 14,796 for one lot, and their maximum investment would be Rs 1,92,348 for 13 lots.
Supriya Lifescience IPO | The company may offer shares at a discount to retail investors as per its prospectus.
Medplus Health Services IPO | The company aims to garner Rs 1,398.3 crore through its initial public offering. The offer comprises a fresh issuance of shares worth Rs 600 crore, and an offer for sale of Rs 798.3 crore by selling shareholders.
Medplus Health Services IPO | Before the stake sale (pre-offer period), Lavender was the largest shareholder in the company with 24.58 percent stake, followed by PI Opportunities Fund – I with 22.07 percent stake.
Medplus Health Services IPO | The company will launch its initial public offering on December 13 at a price band of Rs 780-796 per share.
Metro Brands aims to raise Rs 1,367.5 crore through its initial public offering that comprises a fresh issue of shares worth Rs 295 crore and an offer for sale of 2,14,50,100 equity shares by promoters.