PUBLIC OFFERINGS
Allied Blenders shares list at 13.8% premium over offer price Allied Blenders and Distillers, after a successful IPO, intends to use ₹720 crore from the fresh issue to repay outstanding borrowings and for general corporate purposes. The company's strategic financial decisions align with its growth objectives a...
03 Jul, 2024, 07.20 AM ISTBajaj Housing Finance launches Sambhav Home Loans for first-time home buyers Borrowers will have attractive interest rates with affordable EMIs and the option to choose a repayment tenor of up to 20 years. With this, Bajaj Housing Finance will offer a full suit of offerings in the housing finance sector covering all customer...
02 Jul, 2024, 05.33 PM ISTIPO Corner: 4 companies are all set for a D-Street debut Ahmedabad-based Mamata Machinery exports extrusion equipment while Shivalik Engineering Industries' IPO includes fresh issue shares and an offer for sale with a face value of ₹5 per equity share. Gala Precision and Interarch Building Products have r...
02 Jul, 2024, 07.40 AM IST- ADVERTISEMENT
Niva Bupa files for Rs 3,000-cr IPO Niva Bupa Health Insurance files a ₹3,000 crore IPO, aiming to enhance solvency ratio and operating expenses. British United Provident Fund Bupa is an existing shareholder. TrueNorth-managed Fettle Tone LLP and Bupa Group play key roles in the IPO p...
02 Jul, 2024, 07.21 AM ISTIPO Calendar: Primary market gears up for another robust week as 3 companies look to raise Rs 2,700 cr Apart from the above 3 public offers, the Street will see as many 11 listings including that of Allied Blenders and Vraj Iron and Steel, which received healthy investors' response for their IPOs in the week gone by.
29 Jun, 2024, 10.29 AM ISTUS IPOs off to their best start in a while Wall Street's equity capital markets see a resurgence with IPOs and equity offerings surpassing $20 billion in the first half of 2024, marking the strongest start since 2021. Enhanced investor engagement and favorable market conditions signal a pote...
28 Jun, 2024, 07.24 AM ISTAris Infra plans to raise Rs 600-700 crore via IPO Aris Infra, a Mumbai company using technology to streamline construction material procurement, is planning an IPO to raise Rs 600-700 crore. The company has attracted investment from prominent individuals and prestigious financial institutions inclu...
27 Jun, 2024, 10.27 PM ISTEcom Express sets the ball rolling for Rs 3,000-crore IPO Third-party logistics firm Ecom Express is looking to list on the public markets to raise Rs 3,000 crore, two people aware of the development told ET. The Warburg Pincus-backed company has appointed bankers Kotak Capital, IIFL, Axis Capital, and UBS...
27 Jun, 2024, 06.01 AM ISTAllied Blenders and Distillers IPO booked 51% on Day 1. Check GMP and other details Allied Blenders & Distillers IPO saw 51% subscription with promoters planning stake sale. Revenue grew 9% year-on-year to Rs 5,915 crore. ICICI Securities, Nuvama Wealth Management, and ITI Capital are the book running lead managers for the IPO.
25 Jun, 2024, 06.54 PM ISTStanley Lifestyles IPO booked 3.2 times so far on Day 2. Check GMP and other details Stanley Lifestyles, a luxury furniture maker, saw its IPO oversubscribed 3.2 times on the second day. The net proceeds will fund store expansion and renovation.
24 Jun, 2024, 02.01 PM ISTArmee Infotech files papers to garner Rs 250 cr via IPO IT infrastructure solutions provider Armee Infotech Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 250 crore through an initial public offering (IPO).
23 Jun, 2024, 04.51 PM ISTStanley Lifestyles high on luxury quotient, raises Rs 161 cr from anchors Private equity-backed Stanley Lifestyles, the fourth-largest player in India's home furniture market, is set to launch a ₹537 crore IPO. The company's revenues have more than doubled, and net profit has grown significantly in recent years.
21 Jun, 2024, 08.08 AM ISTSebi asks Religare Enterprises to apply for regulatory approval for open offer by Burman Group The Burmans, who founded and control consumer goods conglomerate Dabur India, raised its stake in Religare to nearly 25% in September last year, triggering the so-called open offer requirement that allows them to buy more shares from public sharehol...
20 Jun, 2024, 01.26 PM ISTDEE Development IPO Opens June 19 DEE Development Engineers, headquartered in Haryana, unveils its 418 crore IPO with a price band of 193-203 per share, opening for subscription on June 19 till June 21. The offering comprises a fresh issue of 325 crore and an offer for sale of 93.01...
13 Jun, 2024, 07.53 AM ISTIxigo parent’s IPO subscribed 98.1x Le Travenues Technology's IPO, backing online travel giant Ixigo, garnered massive interest, oversubscribed by 98.1 times, with retail, institutional, and high-net-worth investors showing overwhelming demand, signaling robust market enthusiasm.
13 Jun, 2024, 07.46 AM ISTWait for Ixigo to list before taking a call Le Travenues Technology, the promoter of Ixigo, is raising ₹740 crore through an IPO, with a fresh issue of ₹120 crore and an OFS of ₹620 crore.
10 Jun, 2024, 07.29 AM ISTInt’l investors grabbed bulk of share offering: Saudi Aramco Saudi Aramco's latest offering raised $11.2 billion with international investors acquiring the majority of shares. The Gulf kingdom aims to boost finances for large-scale projects in preparation for a post-oil future.
10 Jun, 2024, 07.09 AM ISTAramco sale set to raise at least $11.2 billion for Saudi Arabia Saudi Aramco's mega stock offering, set to raise $11.2 billion, supports the government's economic transformation. The sale includes Aramco's $124 billion dividend, attracting foreign investors despite challenges in the oil market.
07 Jun, 2024, 08.03 AM ISTSBI board to consider $3-billion fundraise SBI's board of directors to meet on June 11 to consider raising up to $3 billion through foreign currency bonds issued abroad.
06 Jun, 2024, 07.58 AM ISTIndia seeks firms make additional disclosures to fast track public offers, document shows SEBI wants companies seeking to go public to provide 31 additional disclosures, including details on conflicts of interest. The regulator aims to expedite public offers by requiring more information from merchant bankers, as reported by Reuters.
04 Jun, 2024, 09.00 AM IST