Civil construction project developer GR Infraprojects Ltd. is in talks to house a few of its operating road assets under an InvIT (Infrastructure Investment Trust). The company wishes to go ahead with a public listing of this InvIT and raise around Rs. 1,200 crores, as per sources. Read along to find out more about this! …
According to an official, the government has until 12th May to launch the LIC IPO without having to file new paperwork with market regulator SEBI. The government had intended to sell roughly 31.6 million shares or a 5% interest in Life Insurance Corporation in March, with the proceeds expected to be about Rs 60,000 crore, …
Though the pricing of LIC’s IPO (initial public offering) is yet to be decided, the market expects its size to be between Rs. 53,500 crores and Rs. 93,625 crores. The span between the two ends (about Rs. 40,000 crores) is nearly 1/3rd of the amount raised in 2021 ─ that was the primary market’s best …
Ruchi Soya Industries Limited jumped up on the equity trading markets, landing at Rs. 924.85, after listing its follow-on public offering shares on Friday 8 April 2022. The stocks of the largest manufacturer of edible oil makers even touched a price of Rs. 940, while the initial price of FPO shares stood at Rs. 650. …
Subscription of an IPO will start from 4th May to 9th May to sell up to 3.5% of its stock in a public offering. They also said that global economic worries have been taken into account, and that market volatility has decreased. On February 13, the DRHP was filed. The LIC IPO will be the …
VLCC Health and Fitness Treatment will begin its initial public offering in the middle of this year, according to the head of the wellness and health care organization. “By then, we anticipate that the global market uncertainty caused by the continuing Russia-Ukraine conflict would have subsided. We believe the time is right for listing now …
Just like in 2021, when Indian IPOs raised a record Rs. 1.18 lakh crores in total investment, much higher than the previous highest of Rs Rs 75,279 crore in 2017. Experts are predicting that India’s stock market will have another prosperous year in 2022, as several firms are set to go public in the next …
India’s IPO fest is listing new companies every month, and reports from multiple sources suggest that it may cross the Rs. 100 lakh crore mark by the end of this fiscal year. The Covid-19 pandemic has significantly affected the Indian economy, but the market has remained positive afterwards. The GDP growth is rising, and Sensex …
India’s stock market is inching closer to the United Kingdom in terms of value and is likely to gain entry into the top five markets in terms of market capitalisation, according to some reports. India’s market cap is currently over $3.46 trillion. It may be recalled that the country’s market cap was at $3.4055 trillion …
Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 198 per share, reflecting an impressive 83% premium compared to the final issue price of Rs …
