Gear up for another rollercoaster ride starting January 2022! The Indian stock markets will continue to be abuzz with activity as several Indian companies are lining up their initial public offers for the new year. For example, sources say that ethic wear giant Fabindia may launch its IPO early next year. For more details regarding …
Morgan Stanley and Goldman Sachs are among the institutional investors who are looking to buy into the initial public offering of MapmyIndia. As per individuals close to this matter, leading asset management companies of India, including HDFC Mutual Fund and SBI Mutual Fund, have placed bids to participate in the anchor book. To get more …
MapmyIndia IPO Subscription On the first day of bidding, CE Info Systems, a data and technology products and platforms company, received offers for 18.62 equity shares out of a total of 70.44 lakh equity shares, for a subscribed rate of 26 percent. It is the 59th initial public offering, with subscriptions beginning in 2021. Retail …
The initial public offering of RateGain was subscribed 17.41 times on 9 December 2021, receiving bids for 30,20,04,780 shares. That said, the total number of equity shares that were allotted for different investor categories was 1,73,51,146. RateGain Travel Technologies aimed to raise Rs. 1,335.74 crores at Rs. 425 per equity share. RateGain is a major …
COVID-19 disrupted the food delivery industry and made it difficult for startups to raise capital, which had prompted Zomato to go public in 2020. There was a point in time last year when the CEO of Zomato, Deepinder Goyal had made up his mind to go public even if it was only for $50 million, because …
Supriya Lifescience Ltd. will launch its IPO on 16 December 2021. It will close on 20 December 2021. According to the prospectus, the company may issue its shares at a discount to retail investors. Supriya Lifescience released details like the price band and lot size on Monday, 13 December. Read on to know all the …
The MapmyIndia IPO, which closed on 13 December 2021, has managed to receive bids for 44,06,41,852 shares and has been subscribed a total of 154.71 times. This issue consisted entirely of an offer for sale of 1,00,63,945 shares by the existing promoters and shareholders of the company. The price band of this Rs. 1,040 crores …
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 …
