February 28, 2022, has been marked as a cutoff date by the Life Insurance Corporation of India (LIC) for its policyholders to update their details in the policy records. Only the policyholders who update the details within the stipulated period will be eligible to participate in its upcoming public issue. The insurance firm on February …
Anand Rathi IPO was subscribed 9.78 times as of 6 December 2021. The public issue of this Mumbai-based company received bids for 8,29,21,509 shares. The total number of shares reserved was 84,75,000. This company expected to raise funds worth Rs. 660 crores at the upper end of the IPO price band. Established in 1994, Anand …
As the IPO-action-packed year is drawing to an end, two companies have received the nod from market regulator, SEBI to float their IPOs. The companies are Anil Aggarwal’s Sterlite Power Transmission and Nashik-based ESDS Software Solution. They have received the Securities And Exchange Board of India’s (SEBI) approval to raise capital via an initial share …
Shriram Properties IPO Date On December 8, Shriram Properties Limited will conduct a Rs 600-crore public offering. The deadline for subscriptions is December 10th. According to the number of units released between 2012 and the third quarter of 2021 across Tier 1 cities in the region, including Chennai, Hyderabad, and Bengaluru, the company is among …
HP Adhesives IPO Date On December 15, HP Adhesives, a household sealants firm with a wide range of products and categories, will begin its initial public offering, which will run through December 17, 2021. HP Adhesives IPO Details The proceeds from the new issue would be used to meet working capital needs and expand production …
Gear up for another rollercoaster ride starting January 2022! The Indian stock markets will continue to be abuzz with activity as several Indian companies are lining up their initial public offers for the new year. For example, sources say that ethic wear giant Fabindia may launch its IPO early next year. For more details regarding …
Morgan Stanley and Goldman Sachs are among the institutional investors who are looking to buy into the initial public offering of MapmyIndia. As per individuals close to this matter, leading asset management companies of India, including HDFC Mutual Fund and SBI Mutual Fund, have placed bids to participate in the anchor book. To get more …
MapmyIndia IPO Subscription On the first day of bidding, CE Info Systems, a data and technology products and platforms company, received offers for 18.62 equity shares out of a total of 70.44 lakh equity shares, for a subscribed rate of 26 percent. It is the 59th initial public offering, with subscriptions beginning in 2021. Retail …
The initial public offering of RateGain was subscribed 17.41 times on 9 December 2021, receiving bids for 30,20,04,780 shares. That said, the total number of equity shares that were allotted for different investor categories was 1,73,51,146. RateGain Travel Technologies aimed to raise Rs. 1,335.74 crores at Rs. 425 per equity share. RateGain is a major …
COVID-19 disrupted the food delivery industry and made it difficult for startups to raise capital, which had prompted Zomato to go public in 2020. There was a point in time last year when the CEO of Zomato, Deepinder Goyal had made up his mind to go public even if it was only for $50 million, because …
