Issue Size

In the year 2022, approximately 109 SME firms went public, collectively raising around Rs 1,875 crore through IPOs. By comparison, in 2021, 59 SME firms were listed, raising a total of Rs 746 crore.

Mankind debuts with 'outperform' rating from Macquarie; stock gets a 30% uptick

Brokerage firm Macquarie Research has given Mankind Pharma Ltd an outperform rating with a target price of Rs 1400 per share, indicating a potential upside of 29.6% from its issue price of Rs 1068 per share.

Around 75% of public issues floated in 2022 set to end the year in green

Adani Wilmar is the top-performing IPO trading around 174 percent higher than its issue price, while ASG Transact posted a 57 percent decline in stock price. Among other notables, Life Insurance Corporation and Delhivery stocks are down 34 percent each. 

Sula Vineyards sets IPO price band at Rs 340-357 per share

The anchor investors bidding will start on 9 December. The firm will start crediting shares on 21 December and the stock will be listed on exchanges on 22 December.

IPO Watch: These 4 open next week, to raise Rs 5,020 crore as market stays buoyant

Archean Chemicals Industries Ltd, Five Star Business Finance Ltd, Kaynes Technology India and Inox Green Energy Services will be out next week. More IPOs are lined up for mid-November

Five Star Business Finance sets IPO band at 10.6% discount to unlisted market price

Its shares have dropped 35% in the grey market from their peak of Rs 730 a share in October 2021. Five Star Business is not the only one to set the IPO band lower than the unlisted market price. 

Five Star Business Finance IPO to open on November 9: Check details

The south-based lender has cut its IPO size to Rs 1,960 crore from Rs 2,752 crore earlier planned. The issue will be a pure offer for sale

Four IPOs aim to raise over Rs 4,500 crore next week

Bengaluru-based DCX Systems Ltd, cardiologist Dr Naresh Trehan-promoted Global Health Ltd, Bikaji Foods International Ltd and Fusion Micro Finance Ltd are looking to raise funds in the primary market

Fusion Micro Finance IPO opens for subscription on November 2

The IPO, which will close on November 4, consists of a fresh issue of Rs 600 crore and an offer for sale of up to 13.70 million shares

Medanta hospital chain IPO to open on November 3

The IPO, which will close on November 7, consists of a fresh issue of Rs 500 crore and an offer for sale of up to 50.76 million shares by shareholders and promoters

Fincare Small Finance Bank refiles IPO draft papers

The IPO consists of a fresh issue of shares worth Rs 625 crore and an offer for sale of up to 17 million shares by shareholders and promoters.

Aether Industries IPO opens on May 24

The IPO consists of a fresh issue of Rs 627 crore and an offer for sale of up to 2.82 million shares by its shareholders and promoters

Tepid listing of LIC shares leaves investors poorer by over Rs 50,000 crore

At close, the stock settled at Rs 872.70 on the BSE, down 8.04% from issue price of Rs 949, while its mcap stood at Rs 5.52 trillion

Delhivery shares slump in unlisted market ahead of IPO

Delhivery has set the price band in its IPO at Rs 462-487 a share, valuing the company at Rs 35,283 crore at the upper end. This is down about 19% from the current price in the unlisted market.  

LIC IPO | LIC issue size could range from Rs 53,500 crore to Rs 93,625 crore; issue price may be Rs 1,693-2,962 per share

Considering its size, and dominant position in the market with 66 percent market share in new business premium, its growth rate may not match up to some of the nimble footed private insurers

Motherson Sumi launches QIP; issue size expected at $250mn

Motherson Sumi has launched a qualified institutional placement (QIP) through which it plans to raise Rs 1,500-2,000 crore.

Advanced Enzyme IPO sails through, oversubscribed 4.28 times

The Rs 411.5-crore initial public offer of Advanced Enzyme Technologies was oversubscribed 4.28 times on the second day of the offer today.

IFC issues 15-yr masala bond: What it means for foreign debt mkt

International financial institution IFC has issued a USD 30-million, 15-year rupee-denominated "masala" bond, proceeds of which it will use towards development of private sector enterprise in India.