IPOs have raised more than $6 billion this year, according to data compiled by Bloomberg
This is the first time since 2022 that the average retail participation in IPOs has declined in a year. Market experts believe retail investors may now be getting selective, and no longer getting swayed by grey market premiums alone.
India's deal count fell by about 20% on year during the January-March quarter, but the deal size continued to rise, said EY, hinting at a 'potential IPO peak'.
The latest development highlights a strong pipeline of upcoming issues despite a volatile market
So far this year, 10 IPOs have been filed on the BSE mainboard, a sharp decline compared to 90 in 2024
Chatterji, a veteran dealmaker, is not that concerned with the shorter-term pullback by FIIs from Indian equities and said they are scouting for well-priced IPOs.
In the past 12 months, companies from 23 sectors raised funds in the primary market, offering investors greater diversity while marking a shift away from the dominance of a few sectors seen in the previous years.
Historically, Indian IPOs exceeding $1 billion have averaged a 4.8% gain on their first day, data compiled by Bloomberg show.
The ongoing momentum in Indian stocks is likely to take Sensex past 1,00,000 mark 'probably by end of the year', provided measures by capital market regulator do not become a dampener, Mobius said.
Until now, they had to give up their rights only at the time of listing; under the new guidelines, they will need to do that before getting the go-ahead for listing
Over the next two months, more than 24 dozen companies are set to hit Dalal Street, looking to raise over Rs 30,000 crore
Sunil Khaitan will be Goldman’s India head of financing and Kamna Sahni India head of Mergers & Acquisitions (M&A) in Mumbai
2023 became a landmark year for primary markets, marked by the second-highest count of mainboard IPOs in over a decade. Around 57 Indian companies collectively raised a staggering Rs 49,000 crore through mainboard IPOs. in terms of listing day candidates - Tata Technologies soared with a staggering 162% gain, leading the pack. Following closely were ideaforge Technologies, Utkarsh Small Finance Bank, IREDA, and Mothison Jewellers, all boasting substantial listing day gains.
He will handle various departments including Investment Management Department, Market Intermediaries Regulation and Supervision Department, Office of International Affairs, Investigations Department and Human Resources Department
Netweb Technologies IPO: The public issue aims to raise Rs 631 crore and includes an offer for the sale of 8.5 million equity shares. The price band for the shares has been set at Rs 475-500 per.
While the company plans to utilise the Rs 150 crore IPO proceeds to retire external debt, it will retain some debt on its books.
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Sebi has given its observations and approvals to 56 companies seeking to raise a massive Rs 1.4 lakh crore through IPOs in FY23, while 41 more are in the queue. Approvals to these companies will add another Rs 81,000 crore
As many as 52 IPOs were launched during the year and more than Rs 1.12 lakh crore raised. Out of these, 8 companies have generated three-digit returns. We look at some of the big gainers and losers
About $65 billion has been raised via IPOs around the world in 2022, down 70% from $219 billion in the first three months of last year.
Sources told Moneycontrol that the total issue size is likely to be up to Rs 2,770 crore. The IPO is fully an offer for sale (OFS) to sell a 13.5% stake in ABSL AMC.
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COVID-19 has triggered a surge in sales of health insurance policies. Kotak Mahindra Capital, Citi, Axis Capital, ICICI Securities and BofA Securities are the investment banks engaged by the firm for the IPO.
The comments come a day after capital markets regulator Sebi expressed concerns over the sluggish IPO activity, despite it already clearing over Rs 60,000 crore worth of issues.