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 …
The South India based company Shriram Properties has announced several key details regarding its initial public offering launching on 8 December 2021. Investors looking to put their money in this IPO should get all the details below before taking the plunge. Shriram Properties IPO Details IPO Opening Date 8 December 2021 IPO Closing Date 10 …
The Securities and Exchange Board of India has given its nod for the IPOs of three firms, including Mobikwik, SJS Enterprises and Skanray Tech. These three companies received observations by the watchdog, as per the updated status of draft offer documents on 8th October 2021. An observation letter is necessary for a company’s IPO. Further, …
Zostel Hospitality Pvt. Ltd, owner of ZO Rooms and Zostel Hostel has recently written to the Securities and Exchange Board of India. The hospitality company urged the market regulator to reject the Draft Red Herring Prospectus filed by Oravel Stays Ltd. Oravel operates Oyo and is its parent firm. Zostel requested SEBI to cancel the …
