MobiKwik, which is looking for a foreign institutional investor, could delay its IPO by up to three months and possibly push it to the next financial year. FinTech is finding it difficult to get overseas institutional investors with the desired valuation as the distrust in the industry rises. What was the original plan? The company …
Seven Islands Shipping, a Mumbai-based shipping and logistics firm, has received SEBI’s go-ahead for its IPO. The company announced the news in April 2021. Seven Islands Shipping will join the frenzy of companies heading to Dalal Street this year. Find further details of this public offer in the next section. Key Highlights of Seven Islands Shipping’s …
On 25 November 2020, Thursday, Tega Industries set its IPO price band at Rs. 443-453 per equity share. The public issue of the Kolkata-based company comprises an offer-for-sale (OFS) of 1,36,69,478 shares; there will not be any fresh issuance of equity shares. As part of the OFS, promoters as well existing shareholders will be offloading …
Star Health IPO – Company Information As per CRISIL reports, Star Health is the largest private health insurer in the Indian health insurance sector with a 15.5% market share. In FY20-21 it had a total gross written premium (GWP) of Rs 9,348.95 crores with a split of 87.9% in retail health and 10.5% in group …
Shriram Properties Limited has filed an updated DRHP to raise Rs. 600-700 crores via an initial share sale. This company had previously filed preliminary papers with SEBI in April 2021 to launch a public issue worth Rs. 800 crores. In June 2021, the capital market regulator had given this Chennai-based company the nod to float …
VLCC Health Care Ltd. has got the green signal from SEBI (Securities and Exchange Board of India) to introduce its IPO. Market sources say that its IPO may launch at the end of December. This issue will be in two parts, new issuance of equity shares and an offer for sale from promoters and existing …
Go Fashion, a brand operated by Go Colors got listed on the exchanges today, on 30th November 2021, with a massive 90 percent premium over its issue price. The Go Fashion shares were allotted at Rs. 690 per unit to the subscribers. At 10 AM, the shares of Go Fashion got listed on both, Bombay Stock …
India’s one of the leading women’s apparel brands has launched its offering starting today, 17th November 2021. ‘Go Fashion’ is a well-known brand amongst women recognized for its vivid heterogeneity with more than 50 variants of their products available in 120+ colors. The company manufactures and sells these bottom-wears in the brand name of ‘Go …
Go Fashion, the parent company of women’s bottom wear brand, Go Colors, has raised Rs. 456 in the anchor investment. This was ahead of the IPO, which the company has scheduled to take place on Wednesday, 17 November 2021. Here are more details regarding the anchor investment round of Go Fashion. Key Highlights of the …
India’s largest insurance provider LIC will start contacting anchor investors for its initial share sale in the coming week. Regarding this, the company has shared around 100 global investors’ names with the 10 banks handling this deal. These institutions will most likely approach different groups of investors. In addition, reports state that this state-owned insurance …
