The initial share sale of Go Fashion was subscribed for 135.40 times on the 3rd and final day of bidding. The company managed to receive 1,09,39,82,631 subscriptions against a total allotment of 80,79,491 equity shares. Leading women’s bottom wear brand, Go Fashion’s IPO consisted of fresh share issuance worth Rs. 125 crores and an offer …
India’s leading digital payments platform made history by launching the biggest ever IPO in the country this month. The Rs. 18,300 crores worth public offering had its price band fixed at Rs. 2,080 – 2,150 for each share. However, Paytm stock is listed at Rs. 1,955, dropping 9% from its issue price on the Bombay …
Even as the initial public offering rush continues, six companies have received the go-ahead to their draft red herring prospectuses (DRHP) from market regulator SEBI. This is expected to pave the path for their upcoming IPOs, reports suggest. According to news reports, RateGain Travel Technologies, Medplus Health Services, Puranik Builders, Tracxn Technologies, Fusion Micro Finance …
Life Insurance Corporation has recently reached a pre-IPO valuation of around USD 150 Billion as per reports. The largest insurance provider in India is likely to put forward its draft red herring prospectus to SEBI by the last month of this year. Considering the recent developments, this insurance giant is expected to hit the share …
The second-largest pharmacy distributor in India, MedPlus said that it had received SEBI’s approval regarding its initial public offer. The company aims to raise around Rs. 1,638.71 crores. This Hyderabad-based pharmacy retailer had filed the DRHP with the market regulator earlier in August 2021. Here are more details on this IPO. MedPlus IPO – A …
Jesons Industries has filed its draft prospectus with SEBI (Securities and Exchange Board of India). The company is a stalwart manufacturer of adhesives and coatings. It proposes to raise Rs. 800-900 crores from the IPO. Find out the comprehensive details below. Key Highlights of the Jesons Industries proposed IPO The IPO will have two aspects: …
An Overview Tega Industries IPO will open for subscription on December 1, 2021, and end on December 3, 2021, for a total value of Rs 619.23 crore. The promoters and an existing shareholder have made an offer for sale (OFS) of 1,36,69,478 equity shares. The price band has been established at Rs 443-453 per share, with …
An overview Ajay Tyagi’s tenure as chairman of the market regulator Securities and Exchange Board of India (SEBI) lasted four years and nine months and was mainly successful. He helped the market ecosystem whether the pandemic, managed record IPO mobilization, created a new risk-mitigation framework to protect millions of new investors joining the markets, and …
Sources close to the matter have reported that Snapdeal is looking to float its IPO with a $250 million offer. The company is choosing to go public after a stellar year for IPOs in 2021. Let’s get down to the details of the story. Details of Snapdeal’s Proposed IPO Sources close to Snapdeal, the e-commerce …
MapmyIndia Price According to a newspaper notice, CE Info Systems, which is best known for its MapmyIndia brand, has set the price range for its first public offering at Rs 1,000-1,033 per equity share with a face value of Rs 2 each. MapmyIndia IPO Date The offer will begin on December 9 and end on …
