With the final quarter of FY 22 drawing to an end, the entire nation is waiting for the blockbuster initial public offering of Life Insurance Corporation. The Government of India is all set to file the Draft Red Herring Prospectus of LIC IPO with the Securities and Exchange Board of India (SEBI), the market regulator. …
The IPO frenzy is far from finished, and merchant bankers predict that the main market will be a flurry of activity in the March 2020 quarter, with almost two dozen businesses trying to raise about Rs 44,000 crore via initial share sales. Technology-driven enterprises will get a big portion of the overall financing. This comes …
In 2021, the share market of India generated a record Rs. 1.18 lakh crores by listing 63 companies on its exchanges. Experts predict that 2022 will be another profitable year for the stock market of this nation, as many companies are expected to go public in the coming months. The prediction is based on the …
Rainbow Children’s Medicare IPO Rainbow Children’s Medicare ltd. is an Indian hospital network that specializes in obstetrics, pediatrics and gynecology. It provides pediatric and neonatal critical care, gynecology and obstetrics, pediatric multi-specialty services, perinatal genetics, multidisciplinary fetal care and reproductive treatment, among other services. The organization, which opened its first pediatric specialist hospital in Hyderabad …
Life Insurance Corporation of India (LIC) has filed updated draft papers with market regulator Securities and Exchange Board of India (SEBI). These revised documents for the company’s initial public offering reflect its earnings in the last quarter, which they had filed with their insurance regulator earlier this month. To get in-depth details on this LIC IPO update, stick to …
Veranda Learning Solutions, a Chennai-based learning solutions company, collected Rs 46.75 crore from 3 anchor investors on March 28 ahead of its public offering. The business announced to exchanges that it has finalized the distribution of 34,12,500 equity shares to anchor investors at a price range of Rs 137 per equity share. Through the anchor …
The largest life insurer of this nation has already filed its draft papers with market regulator SEBI and is likely to launch its public issue as early as March 2022. The Government of India will offload 5% of its stake in Life Insurance Corporation (LIC), which translates to more than 316 million shares. This will …
The speciality marine chemical manufacturer Archean Chemical Industries Ltd. takes a step towards the launch of its IPO by filing the draft papers with market regulator SEBI this week. Read on to obtain more information on this matter! A Closer Look into Archean Chemical’s IPO As per the draft papers filed with the Securities and …
Bikaji Foods International Ltd has filed preliminary documents with SEBI in order to seek money via an IPO. The IPO comprises a pure offer for sale of up to 29.37 million shares by the company’s current promoters and shareholders. Deepak Agarwal and Shiv Ratan Agarwal each have up to 2.5 million shares in the OFS. …
A Brief Overview The Union Budget announcement for 2022-2023 made clear the government’s desire to follow through with its insurance behemoth, Life Insurance Corporation of India’s (or LIC), public issuance of stock in the form of an initial public offering (or IPO). Anticipated to be the country’s largest ever IPO, LIC has begun its campaigning …
