Shriram Properties IPO Subscription On the second day of bidding, December 9, Shriram Properties’ initial public offering had 1.02 times subscription, with bids for 3.24 crore share capital versus a size of offer of around 3 crore share capital. The offer of a south-based real estate developer continues to get great support, with retail investors …
Pepperfry, India’s leading home and lifestyle platform, plans to file for its IPO by the second quarter of 2022. As per sources, the popular online furniture marketplace is keen on completing its pre-IPO fundraising by the end of 2021. Alongside its initial public offer plans, Pepperfry is also increasing its network of stores across both …
Sansera Engineering IPO was closed for public subscription on 16 September 2021. The IPO size was Rs. 1,282.98 crores and comprised an offer for sale of 17,244,328 equity shares. By the third and final day of Sansera’s public offering, its shares were subscribed 11.47 times. The finalisation of Sansera Engineering IPO’s basis of allotment is scheduled …
Puranik Builders, India’s leading real estate developer, has filed DRHP with SEBI to float its initial public offering. As per its DRHP, the company’s public issue will include the fresh issuance of equity shares amounting to Rs. 510 crores. Moreover, this IPO will comprise an offer for sale (OFS) of a maximum of 9,45,000 shares …
Macleods Pharmaceuticals intends to file its DRHP by next January. This Mumbai-based company is planning to get listed on the stock exchange by next year. To achieve the targeted timeline, this drug-maker is completing every necessary IPO-related task one after another. This time, the company has selected banks to oversee its public offering. Here’s more …
The initial public offering of diagnostics chain operator Vijaya Diagnostics closed on 3 September 2021 with an underwhelming response. It amassed a total subscription of 4.54 times and secured bids for 1,18,60,604 equity shares. The total issue size of this public issue was Rs. 1895 crores, comprising only an offer for sale. The company promoters …
India’s second-largest surgical sutures and medical consumables company, Healthium, and the country’s largest independent NBFC ATM operator, India1 Payments, have filed draft papers with the market regulator SEBI. The primary motive of their initial public offer is to raise funds and account for their general corporate purposes, among other financial requirements. Here’s a quick discussion …
Cars24 Services Pvt., India’s largest online platform for used cars, is planning to close a deal to raise $350 million. The company will be raising funds from SoftBank Group, DST Global and other investors. Cars24 would be the latest Indian company to jump into the current IPO bandwagon. India has witnessed a record year in …
The LIC IPO is keeping investors across all segments occupied with its prospects. However, the government is yet to announce concrete details regarding the public offer’s timeline and issue size. This is because the public offer is still in the planning process, which is advancing at a rapid speed. The government has appointed 10 lead …
After its IPO subscription closure, Krsnaa Diagnostics is set to announce its final basis of allotment today. On its final day of subscription last Friday, i.e., 6 August 2021, the initial public offering was subscribed 64.40 times. This reveals the high interest of bidders who have their eyes set on today’s proceedings. Krsnaa IPO shares …
