IPO - Angel One - Page 256

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 …

Bangalore-based start-up Ola is preparing for an IPO in the first half of FY2021 – 2022. The company has already selected banks to manage its IPO to raise up to $1 billion. The selected banks include Kotak Mahindra Bank and Citigroup Inc. With this decision, Ola will be joining a strong channel of Indian start-ups …

India’s IPO market is witnessing an unprecedented frenzy in 2021, with major start-ups jumping the IPO bandwagon. The total amount of funds raised through public offerings till now in 2021 stands at $8.8 billion. Although the year is yet to be over, the amount is already more than the total of the past 3 years …

With the Indian equity Benchmark Indices trading at historical high levels the secondary market place has been really buzzing. The way benchmark indices have defied all gravity over the past 15 months even the primary market space has also witnessed significant traction. Just to put the numbers in perspective there were 47 initial public offerings …

Good news is waiting for interested investors. Despite the long-pause in the COVID-19 hit 2020, the domestic initial public offering market has given a heroic performance, thanks to high liquidity and strong investors’ interest. It ended as a busy year, with more than seventeen companies raising more than Rs 30,000 crores from the market, more …

Data Patterns (India) Private Limited is the new name to enter India’s IPO fest of FY2021-2022. The Chennai-based company, well known for supplying electronics systems, is now preparing to go public. The initial news from sources close to the matter is that this public issue is likely to have a valuation of at least $100 …

The IPO market is in full swing in the new financial year. As many as sixteen companies have floated their IPOs in Q1 of FY23, including the most talked-about LIC IPO.  IPOs are an excellent opportunity for investors to invest in high-potential companies during the initial phase of their growth when the shares are offered …

Agrochemical manufacturing company India Pesticides Limited launched its Initial Public Offering on 23 June 2021. Through India Pesticides IPO, the company aimed to obtain a sum of Rs. 800 crores, which it intends to use for: General corporate purposes. Fulfil working capital requirements. On 30 June 2021, India Pesticides published its basis of allotment. If you …

The casual dining chain’s IPO opens on March 24, 2021, for bidding. The company is trying to raise Rs 180 crores from the sale of 2750 million fresh equity shares, which it plans to use in business expansion and reducing its debt of Rs 148 crores. It is the second attempt by the restaurant chain …

2020 had been a good year for the companies that launched IPO during it. Despite a slow start in the pandemic-hit year, the IPO market picked up really well. Around 16 companies that made maiden offers ended up raising more than Rs 31,000 crores from the market.  Some companies like IT startup Happiest Minds, defence …