A Brief Overview Belonging to the umbrella enterprise Kotak Mahindra Group, Kotak Investment Advisors Limited (or KIAL) has brought forth a pre-initial public offering (or IPO) fund. Called the Kotak Pre IPO Opportunities fund, it is set to target high-quality companies that have a strong technological bent. Recognized as a category II alternative investment fund …
A Brief Overview Diagnostics-focused Vijaya Diagnostics Centre Limited has filed a draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India (or SEBI) for an initial public offering (or IPO). If this IPO is approved, it would allow its investors a partial exit from the company. Vijaya Diagnostics is one of …
The Rs 5,550-crore Sona BLW Precision Forgings Limited ( Sona Comstar) initial public offer (IPO) will hit the market on June 14 and close on June 16. The price band is between Rs 285-291 per share. When the IPO hits the market, it will be the largest one by an auto component maker in India. …
An Overview The capital market regulator, SEBI has approved Glenmark Life Sciences and Utkarsh Small Finance Bank’s initial public offerings (IPOs), reviving the market that has witnessed minimal activity so far this fiscal year. Glenmark Life Sciences and Utkarsh Small Finance Bank are aiming to raise more than Rs. 2,500 crores through their initial public …
Krishna Institute of Medical Sciences (KIMS) Limited is a very popular chain of Indian hospitals. It is based out of Andhra Pradesh and Telangana in the southern parts of India. Recently, the Krishna Institute of Medical Sciences (KIMS) announced a new IPO. Being a healthcare chain, the importance of it only grows as health needs …
A Brief Overview After a sluggish two months, following the last initial public offering (or IPO) listing made by Macrotech Developers between April 7 and 9, IPO listings are once again set to hit the market this week. Presently four companies seek to offer their shares and seek to collectively raise INR 91,23 Crores. Shyam …
The Government of India has proposed to bring in nearly two dozen anchor investors to inject Rs. 25000 crores in the Life Insurance Corp. of India IPO. The broad structure of LIC will undergo a change followed by the adoption of new accounting norms even before the IPO kick starts. As per the government report, …
Religare Enterprises is planning a Rs 2,000-crore initial public offer (IPO) for its subsidiary, Care Health Insurance, its health insurance concern. The IPO is expected to be launched towards the end of the current fiscal, according to news reports. Religare Enterprise is in talks with investment banks for the listing of shares. Tapping into the …
After a recess of two months, IPOs are once again back in the market. In June, four companies lined up to hit the IPO market to raise a total of Rs 9,123 core. India Pesticides Limited IPO will open on June 23. The three days subscription window for retail investors will remain open till June …
While the world shut down in the pandemic, some Indian companies witnessed tremendous growth. At least 15 companies launched their IPO in 2020 and received great subscription numbers. The IPO window is wide open this year as well with several big names such as LIC, Nykaa, Zomato, Go Air, etc. looking to go public. This …
