IPOs - Angel One

Robinhood Markets, Inc. filed paperwork for its much-anticipated initial public offering. Let’s take a closer look at the IPO The company filed an S-1 with the Securities and Exchange Commission (SEC), signalling its intent to go public. It plans to trade under the ticker symbol of “HOOD” on the NASDAQ stock exchange. However, Robinhood did …

India’s largest insurance provider, Life Insurance Corporation of India (LIC), is gearing up to go public by the end of FY 22. With an estimated valuation of Rs. 10 lakh crores, LIC’s IPO will be the biggest in this country to date. Government plans to divest up to 25% of India’s largest insurer, with initial disinvestment …

An Overview of GR Infraprojects IPO The initial public offering (IPO) of GR Infraprojects will begin accepting subscriptions on July 7, 2021. There will be no new shares issued, and the public offering is planned to be an offer-for-sale (OFS) of up to 1.15 crore shares by promoters and shareholders. On July 9, 2021, the …

Agrochemical manufacturing company India Pesticides Limited launched its Initial Public Offering on 23 June 2021. Through India Pesticides IPO, the company aimed to obtain a sum of Rs. 800 crores, which it intends to use for: General corporate purposes. Fulfil working capital requirements. On 30 June 2021, India Pesticides published its basis of allotment. If you …

Healthium Medtech, India’s 2nd largest surgical sutures and medical consumables manufacturer, is on track to hit the share market by this calendar year’s end. Owned by Apax Partners, a private equity fund from the UK, the Indian company is aiming to obtain capital anywhere between $300 and $400 million through this IPO, to shore up …

The world’s largest and China’s go-to mobility technology platform, DiDi Global Inc. (DIDI), sold approximately 317 million American Depository Shares (ADS) on Wednesday. Timeline of DiDi stock The company initially priced each of its IPO shares at $14, summing up to a $67 billion market valuation on Tuesday. On Wednesday, DiDi’s shares began trading at …

Established in 2009 in Gandhinagar, Walpar Nutritions is a manufacturer of food supplements, Ayurvedic, sexual wellness, cosmeceuticals, and nutraceutical products. They come with around 100+ formulations of different products under various segments. These segments include diabetic, antibiotic, pain management, dermatology, and gastro-intestinal, among others. It manufactures around 23 lakhs tablets, 12.5 lakhs capsules, and 1.5 …

Focus Business Solution IPO has hit the primary market on June 30 2021, and is all set to raise Rs. 1.22 crores through this initial public offering of 642000 equity shares. The said offer is a 100 percent fixed price issue. Focus Business Solution is here for more than a decade now and has established …

Medical equipment manufacturer Skanray Technologies filed its preliminary papers for an initial public offering (IPO) with SEBI. Let’s take a look at its plan of action. Skanray decides to go public Per its draft red herring prospectus, Skanray Technologies IPO comprises new share issuance of up to Rs. 400 crores. Additionally, the IPO includes an Offer-for-Sale aggregating …

NTPC’s Recent Strategy The state-run NTPC plans to IPO its renewable energy unit, NTPC Renewable Energy Ltd, to generate funding to meet its ambitious aim of 60 GW installed renewable energy capacity by 2032. As part of the UN High-Level Dialogue on Energy, NTPC has become India’s first energy firm to declare its energy compact …