IPOs - Angel One

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 …

While the world shut down in the pandemic, some Indian companies witnessed tremendous growth. At least 15 companies launched their IPO in 2020 and received great subscription numbers. The IPO window is wide open this year as well with several big names such as LIC, Nykaa, Zomato, Go Air, etc. looking to go public. This …

SEBI’s Stance The Securities and Exchange Board of India (SEBI) said on Monday that the IPO approval process for Go Airline (India) Ltd and Aditya Birla Sun Life AMC has been put on hold. The notice on the regulator’s website did not give any justification for the temporary suspension of these approvals; however, it did …

After a few sluggish months, the Indian IPO market has picked up the steam once more with a long list of companies ready with their offer. Julsy will be a busy month for the companies and investors alike, with several IPOs in line. IPOs in the fiscal year 2020-21 IPOs In FY 2020-21 55 Amount …

IPO or Initial Public Offering is how a privately owned company starts to publically trade in the market by offering it’s shares for sale. Small firms or start-ups that manage to grow their business successfully and have a strong potential, decide to go public to raise funds in order to expand or strengthen their business …

After a recess of two months, IPOs are once again back in the market. In June, four companies lined up to hit the IPO market to raise a total of Rs 9,123 core. India Pesticides Limited IPO will open on June 23. The three days subscription window for retail investors will remain open till June …

The Commerce and Industry Ministry has decided to set a draft cabinet note on a proposal for 100 per cent foreign direct investment in government-owned refineries. If approved, it could pave the way for privatising Bharat Petroleum Corporation Limited, the second-biggest oil refiner in India. A detailed look into the issue As per ministry sources, …

Religare Enterprises is planning a Rs 2,000-crore initial public offer (IPO) for its subsidiary, Care Health Insurance, its health insurance concern. The IPO is expected to be launched towards the end of the current fiscal, according to news reports. Religare Enterprise is in talks with investment banks for the listing of shares. Tapping into the …