Concord Biotech Limited, a prominent Active Pharmaceutical Ingredients (API) manufacturer through fermentation & semi-synthetic process and finished formulations, is listed with a premium of 21.45% at Rs 900.05 per share on BSE. On the NSE, the stock debuted at Rs 900.05, indicating an impressive increase of 21.46% compared to its initial public offering price of …
IRFC IPO is going to be the first initial public offerings of 2021. In the red herring prospectus, the corporation mentioned that it aims to raise Rs 4,634 cores in the upper range by selling up to 1,782,069,000 equity shares. IRFC received SEBI approval last year in February. Indian Railway Financing Corporation is registered with …
The kitchen appliance manufacturer Stove Kraft enters the market with IPO shares in the price band of Rs 384-358, which is expected to fetch Rs 412.62 crores at the upper price range. Stove Kraft IPO is the fourth IPO to open in this month after IRFC, Indigo Paints, and Home First Finance IPOs. IRFC IPO …
One of India’s leading logistics firms Delhivery has filed its DRHP with market regulator SEBI in early November for its Rs. 7,460 crores ($997.33 million) IPO. It is one of the latest start-ups of the country to join the IPO frenzy. But the journey so far for the new-age logistics and the delivery firm wasn’t …
Capital markets regulator Securities and Exchange Board of India on August 9 halved the timeline for listing shares on stock exchanges after the closure of Initial Public Offerings to three days from six days. It has been decided to reduce the time taken for the listing of specified securities after the closure of the public …
The Macrotech Developers IPO has been the talk of recent times. Macrotech Developers is offering a Rs. 2,500 Crores Initial Public Offering (IPO) that is to be started on April 7, 2021. The public offering is planned to be kept open from April 7 to April 9. The price range that Macrotech Developers has fixed for …
On 6 December 2021, RateGain Travel Technologies managed to garner as much as Rs. 598 crores from 34 anchor investors. This IPO is opening for subscription on 7 December 2021 and will close on 9 December 2021. In its BSE filing, the company mentioned that it had allocated around 1,40,90,136 shares to anchor investors at …
According to its latest annual reports, LIC (Life Insurance Corporation) had lowered its net NPA (Non-Performing Assets) to 0.05% in the financial year ended in March 2021. Its NPAs as of 31 March 2021 stood at Rs. 35,129.89 crores out of a total portfolio of Rs. 4,51,303.30 crores. This is lower than the net NPA …
Top LIC executives said in one of their engagements with overseas shareholders in the run-up to its biggest IPO that the firm expects to submit its IPO papers with the market regulator by January’s 3rd week. Officials from the finance ministry have been claiming for months that LIC will be listed before the end of …
The Commerce and Industry Ministry has decided to set a draft cabinet note on a proposal for 100 per cent foreign direct investment in government-owned refineries. If approved, it could pave the way for privatising Bharat Petroleum Corporation Limited, the second-biggest oil refiner in India. A detailed look into the issue As per ministry sources, …
