If institutional investors, equipped with extensive research capabilities and resources, behave similarly to retail investors and sell their IPO holdings rapidly, are they truly maximising the potential of their investments?
Utkarsh SFB was incorporated as an NBFC in FY10 with a core focus on micro finance loans to underserved segments and in particular in the states of Uttar Pradesh and Bihar.
Any AIF having 50% or more contribution from a single investor or investors belonging to the same group should not be entitled to avail benefits designated for QIBs, states SEBI's consultancy paper.
The market regulator has invited suggestions for a consultation paper to expand the definition of qualified institutional buyer (QIB) in the debt market
With retail category highly likely to be oversubscribed, how can an investor improve her chances of taking a lot home
The IPO received bids for 61,39,95,600 shares against the total issue size of 20,40,58,747 shares, data available with the NSE showed.
The IPO, from March 22-24, was subscribed 41.60 times. The price band was fixed at Rs 440-460 per share.
CL Educate's initial public offering sailed through on the last day of the offer today and was oversubscribed 1.90 times.
The company had set the floor price at Rs 184.45 per share for raising funds through qualified institutional placement (QIP) issue which opened on March 2.
The Securities and Exchange Board of India has begun drawing up a roadmap for listing and trading of security receipts issued by a securitization company or asset reconstruction company, on stock exchanges. The regulator is seeking the inputs of the Reserve Bank of India in framing the regulations.
Apollo Tyres is planning to raise up to Rs 1,500 crore through placement of equity shares to qualified institutions to meet the needs of its growing business and is seeking nod of shareholders for the same.
The IPO received bids for 65,38,260 shares as against the total issue size of 52,50,001 shares, garnering a subscription of 1.25 times, as per NSE data till 1400 hours.
The initial share sale has been extended for the second time while the price band has been lowered to Rs 68-76.
The IPO received bids for 82,91,97,506 shares against the total issue size of 2,80,77,500 shares, as per NSE's data till 1915 hrs.
The IPO of Varun Beverages, PepsiCo's largest franchise bottler, was oversubscribed on the second day of the offer today, riding on strong demand from institutional investors.
The Rs 6,057-crore IPO got subscription worth Rs 2,299.44 crore, which along with shares worth Rs 1,635 crore already allocated to anchor investors, has taken the total collected amount to Rs 3,934.44 crore.
The company is planning to raise aroud Rs 1212 crore. The issue comprises fresh issue of equity shares by the bank aggregating up to Rs 832.5 crore and an offer for sale up to 16,909,628 equity shares.
The board meeting of company will be held on August 10, 2016, to consider and approve the unaudited financial result for the quarter ended on June 30, 2016.
The initial public offer (IPO) of TeamLease generated a demand worth about Rs 27,918 crore, as it received bids for 19,09,15,620 shares against the total issue size of 28,92,063, data available with the NSE till 1900 hrs showed.
The firm plans to expand its footprint internationally. It had a portfolio of 705 brands in the domestic market as on September 30.
The IPO received bids for 54,57,26,720 shares, against the total issue size of 2,02,34,342 shares, data available with the NSE till 1700 showed.
CNBC-TV18 spoke with a host of experts, such as Kapil Kaul of Centre for Asia-Pacific Aviation, Deven Choksey of KR Choksey and market expert Ambareesh Baliga, who outlined their views on the issue.
"400 accounts are there (wilful defaulters) which we have reported to RBI so that it (list) can updated on website of RBI," Punjab National Bank Executive Director (with additional charge of MD and CEO) Gauri Shankar said.
Under the new norms, the entire pre-issue capital is expected to be locked-in for a period of six months for all shareholders, sources said.
The IPO received bids for 71,23,125 shares against an offer of 94,42,575 scrips, reflecting a subscription of 0.75 times, data available with the National Stock Exchange showed. "The Ortel IPO has been successfully closed on Thursday.