Market regulator SEBI said it wants to bring some changes in the IPO norms, especially in book building, fixed price, and some aspects of the price band. The Indian IPO market has emerged as a favourite for the companies to float their maiden equity offer to raise funds. IPOs like Zomato’s show the robustness of …
The National Stock Exchange has once again approached SEBI (Securities and Exchange Board of India), asking if it can file its red herring prospectus. NSE has been under constant pressure from its shareholders lately, who want the largest bourse of the country to go public. Many of these shareholders are looking to liquidate their holdings …
After the turbulent fiscal of 2020-2021, businesses across India had suffered due to the Covid-19 pandemic. But, FY2022 brought new hopes. However, the second wave of this virus has ravaged the country and halted the progress of the Indian economy. Owing to this economic downturn, several companies had halted their plans to go public since …
Paytm has received the nod from shareholders to fundraise $268 million in a pre-initial public offering share sale. The said IPO is likely to be scheduled later this year. This pre-IPO fundraising round will be a part of the OCL’s primary fundraising. It will be carried out through the issue of shares. Moreover, this Monday, …
Jana Small Finance Bank confirmed receiving SEBI’s approval to launch its latest initial public offering. The company’s DRHP shows that this IPO will comprise fresh issuance of equity shares worth Rs. 700 crores. The small finance bank had previously filed its draft papers with market regulator SEBI in April this year, approximately a week after …
After Zomato, one of the most highly anticipated IPOs of an Indian start-up is that of the fintech giant Paytm. However, in the run-up to the launch of the Paytm IPO, news of a bunch of its high profile executives quitting has raised concerns. Amit Nayyar, one of the presidents of Paytm, quit recently fanning …
There are chances that the much-hyped LIC IPO may not be as colossal as was expected before. Earlier analysis pegged the issue size at Rs 8-10 crore, making it the largest IPO launched in the country, which might reduce to Rs 45,000-55,000 core depending on valuation. It is the third time that the market has …
Established in 1996, Tatva Chintan Pharma Chem Ltd. is a leading chemical manufacturing company. Tatva Chintan Pharma products mostly include SDAs, PTCs, agrochemical intermediates, and other speciality chemicals. Apart from India, its products are also available in 25+ nations, including the USA, Germany, China, and the UK. Tatva Chintan Pharma has two manufacturing units in …
The second week of July has proved to be a busy one in terms of companies going public and their share allotments being disclosed. Initial public offering (or IPO) dealings are in full swing, and this week is crucial for those interested in understanding the status of the share allotment for IPOs brought forth by …
Tatva Chintan Pharma Chem Limited, a Gujarat-based Pharmaceuticals and Chemicals Company, is gearing up to launch its IPO. The Tatva Chintan Pharma IPO listing date has been finalised, and it will open on 16 July 2021 and close on 20 July 2021. The expected price band of this IPO is Rs. 1073 – Rs. 1083 per …
