IPOs - Angel One

NTPC is recognised as India’s largest electricity producer. Recently, this company has been inching towards green energy as more entities are trying their best to lower coal usage. As a part of its new plan, this coal giant is planning to float its shares via IPO. As per reports, NTPC is planning to raise nearly …

By the third and last day of its IPO, i.e., 1 October 2021, Aditya Birla Sun Life AMC Ltd shares were subscribed a total of 5.24 times. Accordingly, the company’s public offer received bids for 14,57,09,180 shares against the 2,77,99,200 reserved shares for different investor categories. This lender had filed its preliminary papers with the …

On Wednesday, 29 September 2021, the Union Cabinet approved Rs. 4,400 crores of capital infusion in ECGC Ltd over five years. It also approved the listing of this public sector undertaking through an IPO. With this, the Government expects to increase exports by Rs. 5.28 lakh crores over the next five years and enhance ECGC’s …

One of India’s leading FMCG firms, Adani Wilmar, has finally received some relief as their IPO proceedings are back on track. The Securities and Exchange Board of India is resuming its approval process for this public issue. Adani Wilmar filed its DRHP in early August of this year, and the capital market regulator put a …

The state-controlled Indian Renewable Energy Development Agency (IREDA) is already planning its listing on bourses. On Tuesday, 28 September, the company announced the setting up of an alternative investment fund (AIF) to monitor insurance funds, pension funds, and ESG (environmental, social, and governmental) funds. Let us find out more about the topic! IREDA IPO and …

Veeda Clinical Research has filed preliminary papers with SEBI to raise funds worth Rs. 831.60 crores via an initial share sale. As per the DRHP, this public issue will comprise fresh issuance of equity shares worth Rs. 331.60 crores. Moreover, it will include an offer for sale (OFS) of Rs. 500 crores. More Details Regarding …

Abans Holdings is closely involved with business services activities and is a leading company in this space. The company has filed its DRHP to derive the benefits of getting listed on the stock exchange and raise funds through an initial public offer. As per the draft paper, the upcoming IPO will comprise new share issuance …

Waaree Energies, a Mumbai-based solar module manufacturer, has filed its DRHP for initial public offering (IPO) comprising a fresh issue worth Rs. 1,350 crores. The issue will also have an OFS of 40,07,500 equity shares by promoters. The company intends to use around Rs. 978.36 crores to set up a 2 GW/year solar cell producing …

An Overview SEBI, the market regulator, stated on Tuesday to loosen the rules governing the issuance of shares with superior voting rights (SR shares), which will benefit new-age technology firms. According to the Securities and Exchange Board of India (SEBI), promoters with a net worth of more than Rs 1,000 crore can have superior voting …

Top medical devices manufacturer Sahajanand Medical Technologies (SMT) has filed its Draft Red Herring Prospectus (DRHP) with SEBI. The company aims to raise Rs. 1,500 crores through its initial public offering. As of now, SMT does not have any peers listed on the market. However, it is the second firm in the medical devices segment …