IPO - Angel One - Page 307

The retail housing finance company Aptus Value Housing Finance India Ltd. is all set to open its IPO on 10 August 2021. The offer for sale (OFS) will consist of a fresh issue of 6.4 crore equity shares amounting to around Rs. 500 crores by existing promoters and shareholders. Their draft red herring prospectus (DRHP) …

Chemplast Sanmar Ltd. has fixed its IPO price band at Rs. 531 – 540 per share with a face value of Rs. 5 apiece. This initial public offering of this chemical company is slated to open on 10 August 2021 and close on 12 August. Chemplast Sanmar wishes to raise Rs. 3,850 crores through its …

Supriya Lifescience, a leading active pharmaceutical ingredients (APIs) manufacturer and supplier, filed DRHP with SEBI to fundraise Rs. 1,200 cores through IPO. The said initial public offer will comprise a new issue of shares worth Rs. 200 crores. It will also consist of an offer for sale (OFS) of a maximum of Rs. 1,000 crores. …

With IPO fever still going strong in India 2021, CarTrade has received the green signal to float its initial public offering on 9 August 2021. The IPO will be open for subscription till 11 August 2021, with the company hoping to raise Rs. 2000 crores through it. CarTrade Tech Ltd. is an online portal through …

Market regulator SEBI said it wants to bring some changes in the IPO norms, especially in book building, fixed price, and some aspects of the price band. The Indian IPO market has emerged as a favourite for the companies to float their maiden equity offer to raise funds. IPOs like Zomato’s show the robustness of …

The National Stock Exchange has once again approached SEBI (Securities and Exchange Board of India), asking if it can file its red herring prospectus. NSE has been under constant pressure from its shareholders lately, who want the largest bourse of the country to go public. Many of these shareholders are looking to liquidate their holdings …

After the turbulent fiscal of 2020-2021, businesses across India had suffered due to the Covid-19 pandemic. But, FY2022 brought new hopes. However, the second wave of this virus has ravaged the country and halted the progress of the Indian economy. Owing to this economic downturn, several companies had halted their plans to go public since …

Paytm has received the nod from shareholders to fundraise $268 million in a pre-initial public offering share sale. The said IPO is likely to be scheduled later this year. This pre-IPO fundraising round will be a part of the OCL’s primary fundraising. It will be carried out through the issue of shares. Moreover, this Monday, …

Jana Small Finance Bank confirmed receiving SEBI’s approval to launch its latest initial public offering. The company’s DRHP shows that this IPO will comprise fresh issuance of equity shares worth Rs. 700 crores. The small finance bank had previously filed its draft papers with market regulator SEBI in April this year, approximately a week after …

After Zomato, one of the most highly anticipated IPOs of an Indian start-up is that of the fintech giant Paytm. However, in the run-up to the launch of the Paytm IPO, news of a bunch of its high profile executives quitting has raised concerns. Amit Nayyar, one of the presidents of Paytm, quit recently fanning …