India’s primary market was buzzing throughout 2021, with 65 companies raising Rs. 1,18,704 crores through Initial Public Offerings (IPOs). New-age technology companies did well in the stock market, with brands like Zomato, Paytm, Nykaa and PolicyBazaar, mopping a whopping Rs. 1.2 lakh crores. The bullish trend of stock markets captured retail investors’ interest in the …
Three insurance-related companies are gearing up to enter the primary market in the coming months, adding more fuel to the already charged-up IPO front. Want to know what’s more interesting? All three insurance firms come from different sub-segments of the sector. Here’s a quick take on the topic. A Sneak Peek into the Insurance IPO …
Recently, India’s market regulator – SEBI has given a go-ahead to two more IPOs. The capital market regulator approved the upcoming IPOs of Star Health Insurance and Adani Wilmar. Adani Wilmar filed its draft prospectus to propose the initial public offering back in August. However, as per reports, it was put on hold by SEBI …
An Overview of the IPO Chennai-based Star Health Insurance, India’s first and largest private standalone health insurance provider, is preparing a Dalal Street launch in 2021, backed by ace investor Rakesh Jhunjhunwala and private equity companies Westbridge Capital and Madison Capital. The firm’s IPO plans follow a dramatic rise in demand for health insurance policies …
Star Health and Allied Insurance Company has filed a draft red herring prospectus (DRHP) with market regulator SEBI to raise funds via an initial public offering. According to sources, the IPO will comprise a fresh share issue worth approximately Rs. 2000 crores. The listing will also consist of an OFS of around 6.01 crore equity …
An allied insurance company, Star Health, is planning to raise about 7,500-crore in an initial public offering (IPO) that is expected to open by the end of this month. The offer, which would be the third-largest after Paytm and Zomato, is likely to open by the end of November. The opening and closing dates of …
The recent preference for specialty chemical company shares has encouraged unlisted specialty chemical producers to list with the bourses. Gujarat based specialty chemical manufacturing firm Anupam Rasayan has filed the draft prospectus with SEBI seeking approval for its Rs 760 crores IPO plan. Before it, Laxmi Organics from the same segment also applied for SEBI’s …
The issue from the specialty chemical company will hit the market on March 12, 2021. Investors can subscribe to the offer until the window closes on March 16, 2021. The issue contains fresh scrips worth Rs 760 crores. The issuer has allotted 35 percent of the issue size to retail investors and 2.20 lakh shares …
Concord Biotech Limited, a prominent Active Pharmaceutical Ingredients (API) manufacturer through fermentation & semi-synthetic process and finished formulations, is listed with a premium of 21.45% at Rs 900.05 per share on BSE. On the NSE, the stock debuted at Rs 900.05, indicating an impressive increase of 21.46% compared to its initial public offering price of …
IRFC IPO is going to be the first initial public offerings of 2021. In the red herring prospectus, the corporation mentioned that it aims to raise Rs 4,634 cores in the upper range by selling up to 1,782,069,000 equity shares. IRFC received SEBI approval last year in February. Indian Railway Financing Corporation is registered with …
