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LIC IPO was the fastest to get SEBI approval

LIC IPO was the fastest to get SEBI approval

10 March 2022

The Securities and Exchange Board of India (SEBI) accepted Life Insurance Corporation’s (LIC) initial public offering (IPO) plan in 23 days, the quickest in sixteen years. According to SOURCES, the swift approval of the country’s biggest IPO to date has opened the path for faster approvals in future offerings, which would help IPO-bound firms. On …

Ruchi Soya’s FPO: Rs 4,300 Cr Issue to Open on 24 March 2022

Ruchi Soya’s FPO: Rs 4,300 Cr Issue to Open on 24 March 2022

14 March 2022

24 March 2022 is marked by Ruchi Soya to release its follow-on public offering. As per the news, an additional FPO will be issued after the initial public offering made by this diversified FMCG company. This act of FPO comes in to meet the requirements of SEBI, where a listed business should possess 25 percent …

Government is Planning LIC IPO by Mid-May After Market Calms

Government is Planning LIC IPO by Mid-May After Market Calms

15 March 2022

Reports suggest that the Government is planning to launch the much-hyped mega LIC IPO sometime around the mid of May 2022. It hopes that the market turbulence that has been triggered worldwide by the Russian invasion of Ukraine will calm down by then. Want to know more on this matter? Keep reading! Why Did the …

Children’s Hospital Group Rainbow Gets SEBI Nod for Rs 2,000 cr IPO

Children’s Hospital Group Rainbow Gets SEBI Nod for Rs 2,000 cr IPO

15 March 2022

Rainbow Children’s Medicare, a multi-specialty hospital network sponsored by United Kingdom-based development financing organization CDC Group plc, has acquired SEBI clearance to undertake an initial public offering for Rs 2,000 crore. The IPO consists of new issuance of equity shares worth up to Rs 280 crore and an offer sale by the selling shareholders of …

Joyalukkas Files Draft Papers with SEBI for Rs 2,500 Cr IPO

Joyalukkas Files Draft Papers with SEBI for Rs 2,500 Cr IPO

24 March 2022

As per bankers, the ISO certified multinational jewelry group Joyalukkas is planning to file draft papers for an initial public offering with market regulator Securities and Exchange Board of India (SEBI) within this week. Keep reading to know more about the fund planning and other Joyalukkas India IPO news insights! Know About the Plan of Joyalukkas for …

Ruchi Soya Files FIR Against Unwanted Messages Asking to Invest in FPO

Ruchi Soya Files FIR Against Unwanted Messages Asking to Invest in FPO

30 March 2022

Ruchi Soya has lodged an FIR (First Information Report) at Haridwar against unsolicited text messages that asked investors to park money in the firm’s FPO (follow-on public offer). On Tuesday, 29 March 2022, the company clarified that none of its group companies, promoter group and directors is aware of such messages. Continue reading to get …

Hariom Pipe Industries IPO: Begins Tomorrow Key Things to Keep in Mind

Hariom Pipe Industries IPO: Begins Tomorrow Key Things to Keep in Mind

30 March 2022

The third and last initial public offering in March will be Hariom Pipe Industries. Uma Exports and Veranda Learning Solutions are the other two IPOs that have previously gone public. IPO Dates Bidding for the Hariom Pipe Industries begins on March 30 and ends on April 5. On March 29, the anchor book will open …

Uma Exports IPO Know Share Allotment Listing Dates

Uma Exports IPO Know Share Allotment Listing Dates

1 April 2022

Uma Exports Limited launched its IPO on 28 March 2022. It recorded a strong response in raising a fund of Rs. 60 crores through it. While the company will credit shares to accounts of successful investors within 5 April 2022, those unsuccessful in placing a bid will get their refunds as well. Keep reading further …

Hariom Pipe Industries Limited IPO Received 7.93 Times on the Final Day

Hariom Pipe Industries Limited IPO Received 7.93 Times on the Final Day

5 April 2022

Hariom Pipe Industries Limited launched its IPO on 30 March 2022 and offered its investors 85,00,000 shares in total. However, against this offering, investors bid for 6,74,04,596 shares as of the final day of subscription, 5 April 2022. As per data available on the official website of the NSE, investors subscribed to this IPO 7.93 …

DCX Systems Files For an IPO of 600 Cr Rupees

DCX Systems Files For an IPO of 600 Cr Rupees

11 April 2022

DCX Systems IPO News DCX Systems has submitted preliminary paperwork to the SEBI in order to raise Rs 600 crore via an initial public offering (IPO). A fresh issue of Rs 500 crore and an offer for sale (OFS) of up to Rs 100 crore from existing shareholders and promoters will be included in the …

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