CarTrade’s initial public offering was subscribed 20.29 times by the end of its bidding day, i.e., 11 August 2021. The company’s public offer managed to receive bids for 26,31,74,823 shares against the total issue of 1,29,72,552 shares. These figures indicate that the IPO managed to garner a positive response from the investors. Through this initial …
On 11 August 2021, the third and final bidding day, Nuvoco Vistas IPO was subscribed 1.71 times. The company’s initial share sale received bids for 10,70,27,492 shares from different investor categories, whereas 6,25,00,001 equity shares were reserved in total. Established in 1999, Novoco Vistas is one of the leading cement companies in India. Its diverse …
The government-owned life insurance giant LIC plans to split its IPO into two consecutive offerings with a few months gap. This is because this IPO, through which the government expects to raise around Rs. 1 lakh crores, may be too massive for the market to absorb in one go. If the above plan is successfully …
Joyalukkas India is considering an initial share sale to raise approximately $400 million in Q1 2022. A source close to the matter has revealed that the company is planning to file preliminary papers with SEBI in November or December this year. Investors who are interested in subscribing to this forthcoming IPO need to know a …
