The new year brings forth a tough time for IPOs. Globally, initial public offerings worth $26.7 billion have been priced, indicating a 60% fall from a year back. Due to pressure from tumultuous markets, pulled deals have been piled up. Sail through this blog to get the ultimate picture! What’s the Global Scenario for IPOs? …
Recently, the Modi Government had set disinvestment as one of its financial agenda. This was announced in the Budget 2021 last year but has since been scaled down. The LIC IPO, which this government is rushing to clear in this last quarter, is going to be key if the government wishes to achieve its disinvestment …
Vedant Fashions Ltd., the owner of Manyavar, conducted its anchor round on Thursday, 3 February 2022. This celebration and wedding wear brand raised around Rs. 945 crores from the anchor investors in this round ahead of its initial public offering. Vedant Fashions IPO is set to go live for subscription on Friday, 4 February 2022. …
The insurance industry is particularly difficult to value. Because there are just six publicly-traded insurance firms in India, understanding of the terminology and conditions is still developing. Retail investors who have their eyes and hearts set on the Life Insurance Corporation of India’s mammoth initial public issue, which is expected to reach the markets in …
One of the market leaders in the precious engineering segment of India, Harsha Engineers International, has decided to refile its draft papers with the capital market regulator to initiate an IPO of Rs. 755 crores. Currently, the promoters of Harsha Engineers International hold 99.7% equity of the company. This public issue will include an offer …
February 28, 2022, has been marked as a cutoff date by the Life Insurance Corporation of India (LIC) for its policyholders to update their details in the policy records. Only the policyholders who update the details within the stipulated period will be eligible to participate in its upcoming public issue. The insurance firm on February …
Anand Rathi IPO was subscribed 9.78 times as of 6 December 2021. The public issue of this Mumbai-based company received bids for 8,29,21,509 shares. The total number of shares reserved was 84,75,000. This company expected to raise funds worth Rs. 660 crores at the upper end of the IPO price band. Established in 1994, Anand …
As the IPO-action-packed year is drawing to an end, two companies have received the nod from market regulator, SEBI to float their IPOs. The companies are Anil Aggarwal’s Sterlite Power Transmission and Nashik-based ESDS Software Solution. They have received the Securities And Exchange Board of India’s (SEBI) approval to raise capital via an initial share …
Shriram Properties IPO Date On December 8, Shriram Properties Limited will conduct a Rs 600-crore public offering. The deadline for subscriptions is December 10th. According to the number of units released between 2012 and the third quarter of 2021 across Tier 1 cities in the region, including Chennai, Hyderabad, and Bengaluru, the company is among …
HP Adhesives IPO Date On December 15, HP Adhesives, a household sealants firm with a wide range of products and categories, will begin its initial public offering, which will run through December 17, 2021. HP Adhesives IPO Details The proceeds from the new issue would be used to meet working capital needs and expand production …
