The Securities and Exchange Board of India approved IPO applications through UPI back in 2019. It was done to reduce the period between closing an IPO and listing security from 6 days to 3 days. Per data released by NPCI (National Payments Corporation of India), banks have received over 19 lakhs IPO mandates in June …
December seems to be another action-packed month for IPOs, as several big ones get ready to launch. Metro Brands, a famous footwear retailer in India, has announced more of its IPO details. Those keen to subscribe to this company’s initial public offering may look at the details provided here before making a decision. So, let’s …
An Overview According to the company’s draft red herring prospectus (DRHP) filed with the capital markets regulator, ‘ixigo’ plans to raise Rs 750 crore through a primary fundraise and Rs 850 crore through an offer for sale (OFS) from current investors as part of its first public offering. On Thursday evening, the DRHP for the …
The Mumbai-based firm Paras Defence and Space Technologies Ltd. will open for public subscription on 21 September 2021. The initial public offer will comprise a new issue of equity shares and an OFS and will conclude on 23 September 2021. Here’s more about this upcoming initial public offering. Paras Defence and Space Technologies – In …
Windlas Biotech IPO has been subscribed over 22.47 times and is finalising is allotment on 11 August. Shares of Windlas Biotech were trading at Rs. 540 each in the grey market. This would be roughly 17% higher than the issue price band of Rs. 448-460. The company does not have any listed peers as of …
Nuvoco Vistas Corporation will open its initial public offer for subscription on 9 August and close on 11 August. Per the latest reports, this Nirma Group Company has set the price band for this initial public offer at Rs. 560 – 570. Also, the IPO equity share will have a face value of Rs. 10 …
Tega Industries, a company involved in the production of ‘critical to operating’ products for the mining industry, is all set to join 2021’s IPO bonanza. Its IPO will open for subscription on 1 December 2021. Find out more about this story below. Key Highlights of the Tega Industries IPO The initial public offering of Tega …
The fintech start-up unicorn, PolicyBazaar is all set to canter into the Indian stock market in next year. It is ready to make an entry with an IPO share launch north of $3.5 billion and weighing all the propositions currently. Confirming the news, co-founder, Yashish Dahiya said that PolicyBazaar is willing to test the water …
The initial share sale of Go Fashion closed on 22 November 2021 after three days of bidding. It managed to receive 1,09,39,82,631 subscriptions against the total allotment of 80,79,491 shares. Overall, the company was subscribed 135.40 times on the last date of bidding. GO Fashion IPO consisted of a fresh share issuance of Rs. 125 …
Today, 10th of December 2021, the Metro Brands IPO subscription has come live for application. This Rs. 1367 Cr issue shall remain open till the 14th of December 2021 for all market participants to subscribe. Let us talk about the company, its finances, the purpose of the issue, and some key highlights in this article to …
