The GOI has Thought of Such Rewards Before The Finance Ministry thought of giving such a gift to unitholders of UTI after it was severely impacted due to a huge fraud. UTI’s investments in large-cap stocks were housed in a brand new fund that was floated especially for this objective. The government wanted to offer …
Quick service restaurant chain and fast-food giant Burger King India has received SEBI approval to go public. Burger King is already a 202 restaurant strong brand. Outlets can be found at strategically handpicked locations such as metro stations and key shopping-dining hotspots among other high footfall locations. It has achieved this presence within about six years, …
After a fairly long lull of over 5 years between 2010 and 2015, IPOs are back in the reckoning over the last couple of years. Apart from quality IPOs like Alkem, Dr. Lal Pathlabs, Interglobe Aviation, Avenue Supermart and Sankara Building Products that performed exceedingly well after their listings, IPOs on an average have performed …
The much-anticipated Zomato IPO subscription, which is all set to open from July 14 to July 16, is creating a buzz and with good reason. The food delivery company’s IPO is sized at Rs 9375 crore and the company is valued in the Rs 60,000 crore or $8 billion range, with experts observing that the valuation …
Popular Vehicles and Services Ltd. approached markets regulator SEBI on 4 August 2021 with draft papers to raise funds via an IPO. The initial public offering will consist of a fresh issue of shares amounting to Rs. 150 crores. It will also include an offer for sale (OFS) by existing company shareholders. About Popular Vehicles …
The initial public offering of LIC (Life Insurance Corporation) is going to be the biggest one that India has ever witnessed so far. Several individuals across the nation have bought policies from this company just to be eligible to participate in this event. With such hype and enthusiasm among investors, one should be aware of …
Campus Shoes IPO Campus Activewear Ltd, founded on September 24, 2008, specializes in the production, distribution, and sale of athletic and athletic-inspired footwear. In FY21, it was one of India’s leading sports and athleisure footwear brands in terms of value and volume, with a 17 percent market share in this category. In FY20, revenue increased …
Campus Activewear, the leading athleisure and sports brand in India, aims to fetch around Rs. 1,400 crores from its public offer. On 25 April 2022, the IPO has already raised Rs. 418.3 crores from anchor investors. The issue has obtained bids for 2.92 crore equity shares against an offer of 3.36 crores equity shares. Learn …
The IPO of Rainbow Group was subscribed 12.43 times as of 29 April 2022 or the closing day. It comprises a total of 25,49,00,439 bids against an offer of 2,05,14,617 equity shares to its investors, based on the official portal of NSE. With the offer for sale in this public issue, Dinesh Kumar Chirla, Padma …
The public offering of India’s largest life insurance provider, LIC, was subscribed 2.93 times on 9th May 2022, the final bidding day. The company acquired bids for 47,50,61,265 equity shares against an issue size of 16,20,78,067 shares. LIC is a government-owned company offering insurance products as well as non-participating products, which include ULIPs, term insurance …
