Star Health and Allied Insurance Company has filed a draft red herring prospectus (DRHP) with market regulator SEBI to raise funds via an initial public offering. According to sources, the IPO will comprise a fresh share issue worth approximately Rs. 2000 crores. The listing will also consist of an OFS of around 6.01 crore equity …
An allied insurance company, Star Health, is planning to raise about 7,500-crore in an initial public offering (IPO) that is expected to open by the end of this month. The offer, which would be the third-largest after Paytm and Zomato, is likely to open by the end of November. The opening and closing dates of …
The recent preference for specialty chemical company shares has encouraged unlisted specialty chemical producers to list with the bourses. Gujarat based specialty chemical manufacturing firm Anupam Rasayan has filed the draft prospectus with SEBI seeking approval for its Rs 760 crores IPO plan. Before it, Laxmi Organics from the same segment also applied for SEBI’s …
The issue from the specialty chemical company will hit the market on March 12, 2021. Investors can subscribe to the offer until the window closes on March 16, 2021. The issue contains fresh scrips worth Rs 760 crores. The issuer has allotted 35 percent of the issue size to retail investors and 2.20 lakh shares …
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 …
