Go Fashion, the parent company of women’s bottom wear brand, Go Colors, has raised Rs. 456 in the anchor investment. This was ahead of the IPO, which the company has scheduled to take place on Wednesday, 17 November 2021. Here are more details regarding the anchor investment round of Go Fashion. Key Highlights of the …
India’s largest insurance provider LIC will start contacting anchor investors for its initial share sale in the coming week. Regarding this, the company has shared around 100 global investors’ names with the 10 banks handling this deal. These institutions will most likely approach different groups of investors. In addition, reports state that this state-owned insurance …
Foreign portfolio investors are now reportedly turning their gaze to the primary market in India. According to news reports, FPIs have invested over Rs 46,000 crore in the primary market thus far in 2021. Data from reports suggest that FPIs have collectively invested over $2 billion in three leading initial public offerings (IPOs) by payments platform …
The initial share sale of Tarsons Products was subscribed for 77.49 times, on the third and final bidding day, i.e., 17 November 2021. Public offering of the company managed to receive bids for 84,02,81,684 shares, against the allotment of 1,08,44,104 shares in total. With more than three decades of experience in the service and production …
The retailers are all set to inject about Rs 200 billion in the sizzling hot domestic equity market by the end of this year, as valuations improve and competition from other classes of assets becomes tougher. With less than two months left for the year to end, so far, the companies that made their debut …
Leading IT solutions provider, Inspira Enterprise has received SEBI’s nod to generate as much as Rs. 800 crores via IPO. The public issue will consist of a fresh equity issuance worth Rs. 300 crores and an offer for sale of Rs. 500 crores by Manjula Jain Family Trust, Prakash Jain and Prakash Jain Family Trust, …
The Common Service Centres are physical outlets where the Government of India’s e-services to rural and remote locations are carried out. CSC, as it is commonly known, calls itself a government promoted company. Let’s look into the necessary details as this organisation attempts to raise money in an IPO. Key Highlights of Common Service Centre …
The public issue of Go Fashion, the owner of women’s bottom-wear brand, “Go Colors”, will be opening for subscription on 17 November 2021, Friday. As per the draft papers filed with SEBI, this IPO will contain fresh issuance of equity shares amounting to Rs. 125 crores. Moreover, it will include a secondary issue wherein promoters, …
India is witnessing a slew of IPOs in the recent past. From Zomato to Nykaa to LIC, some of the biggest names in their sector took a trip to Dalal Street in 2021. Hence, other smaller companies, too, are looking to capitalise on the warm welcome others have met. On that note, let’s delve deeper …
The IPO of Sapphire Foods India, which began earlier this week, was subscribed 6.62 times on its final day, as per BSE data. Sapphire Foods, which operates the Pizza Hut and KFC outlets in India, launched its Rs. 2,073 crores IPO on 9 November 2021. It was entirely an OFS of 1.75 crores shares by …
