LIC is gearing up to be the biggest IPO of India backed by the Government, where every day sets in a new development. For example, recently, the Government has come close to setting a valuation. The targeted valuation is around Rs. 10 lakh crores. However, while the Government is trying its best to launch the …
The public issue of Paras Defence and Space Technologies will be opening for subscription on 21 September 2021 Monday. This forthcoming IPO will close on 23 September at 5 pm. The initial share sale will include a fresh issue of equity shares worth approximately Rs. 140.6 crores. Moreover, it will comprise an offer for sale …
With eleven companies going public in the month of July alone this year, everyone seems to be excited about more upcoming IPOs. The COVID 19 pandemic made the stock market feel jittery last year with major disruption of economic activities and few companies calling off their IPO plans till the market activity changed towards the end …
Digital payments firm Paytm has added another 5.45 lakh shares to its IPO through its employees. In a recent regulatory filing, One97 Communications mentioned that another 20 employees had converted their ESOP to a total of 5,45,735 shares for monetisation. Previously, 200 former and current employees of Paytm have also gone down this route of …
Local IPOs have recently heated up to quite a frenzy. This is despite the economic slowdown brought by the deadly pandemic. All this has led to a rewarding year for Indian investment bankers. Interestingly, Mumbai listings have raised as much as $10.2 billion in 2021. Moreover, banks involved in these offerings have churned out humungous …
By the third and last day of Paras Defence IPO, i.e., 23 September 2021, the company’s shares were subscribed 304.26 times. Paras Defence is among the leading players in the field of defence and space engineering products and solutions. Its diverse offerings and advanced R&D capabilities make this company stand out among its peers. To …
Casagrand is a famed real estate developer based in Chennai. To fuel growth plans, this real estate developer is planning to fundraise a maximum of Rs. 1,000 crores via its initial public offering. Moreover, the company plans to enhance its footing in Bangalore and enter the Hyderabad market by investing Rs. 1,500 crores. Bangalore and …
Hotel and hospitality chain Oyo is planning to go public with an IPO of about $1 billion. The company is expected to file its draft red herring prospectus (DRHP) next week, as confirmed by sources close to the company. This initial public offering is expected to have a valuation of between $1 billion to $1.2 …
The Centre is likely to block Chinese investors from buying shares in what could be India’s biggest ever IPO (Initial Public Offering) worth $12.2 billion. While GOI (Government of India) will allow foreign investors to participate in this IPO, it is suspicious of Chinese ownership. The State-owned insurance giant LIC (Life Insurance Corporation) is considered …
New IPOs continue to enchant stag investors across all investment sectors. Taking a cue from the popular trend, two new companies have joined the IPO bandwagon, CMR Green Tech, and Paradeep Phosphates. Let us uncover more details about these upcoming IPOs below! CMR Green Tech IPO – Latest Development A leading metal recycling company, CMR …
