you should avail the ASBA (application supported by blocked amount) The fiscal year ending March 2021 was a bumper year for the IPO market and the momentum is expected to continue into 2021-22. After a lull in the early months of 2021, the year is all set for some IPO action. IPOs in the fiscal …
The initial public offering of Star Health and Allied Insurance Company will be opening for subscription on Tuesday, 30 November 2021. This public issue will comprise freshly issued equity shares worth Rs. 2,000 crores along with a secondary issue. As part of the latter, promoters, as well as existing investors of Star Health, will be …
After a few sluggish months, the Indian IPO market has picked up the steam once more with a long list of companies ready with their offer. Julsy will be a busy month for the companies and investors alike, with several IPOs in line. IPOs in the fiscal year 2020-21 IPOs In FY 2020-21 55 Amount …
Backed by leading private equity firms, Five Star Business Finance Ltd is all set to file DRHP for an IPO. The Chennai-based NBFC features several big-equity firm names, like KKR and Sequoia Capital. Moving ahead, It plans to raise as much as $400 million (approx. Rs. 2900 crores) from the initial public offering, as per …
India’s general market capitalisation could surge by a whopping $160 billion over the next 12-18 months, owing to an increase in equity fundraising via IPOs. Note that this figure does not include the upcoming initial public offering of LIC. Leading investment banking company Credit Suisse says that although public market activity has been straggling in …
Online payments firm MobiKwik has received approval from the Securities and Exchange Board of India to raise Rs. 1900 crores ($255 million) via IPO (Initial Public Offering). According to their draft papers, the IPO will consist of a fresh issue of shares worth Rs. 1500 crores and an offer for sale (OFS) worth Rs. 400 …
Indian ethnic wear and artisan product retailer, Fabindia is the next in line in the IPO bonanza currently buoying Indian investor sentiments. The company, established in 1960, is looking to raise around $1 billion from the markets this autumn. It is expected to file its prospectus in November. To know more about the IPO and …
One of India’s largest edible oil producers and distributors, Adani Wilmar, is planning a Dalal Street entry with an IPO of Rs. 4500 crores. The company, a 50-50 partnership between Wilmar Group and Adani Enterprise, has filed DRHP with market regulator SEBI on 2 August 2021. Details of this DRHP are yet to be available. …
Delhi-based pioneer D2C brand and the fifth largest wearable brand globally, boAt is all set to debut the primary market with its IPO. With this move, boAt will become the first-ever D2C brand to launch its IPO. The company plans to generate as much as Rs. 2,000 crores through this public issue and will file …
NTPC is recognised as India’s largest electricity producer. Recently, this company has been inching towards green energy as more entities are trying their best to lower coal usage. As a part of its new plan, this coal giant is planning to float its shares via IPO. As per reports, NTPC is planning to raise nearly …
