IPO - Angel One - Page 320

The follow on public offer of Ruchi Soya Industries Ltd. was subscribed 3.60 times on 28 March 2022, the final day of bidding. The company offered 4,89,46,260 shares, against which it received a total bid of 17,60,68,935 shares as per the updates available on the official website of NSE. Incorporated in 1986, it is one …

Securities and Exchange Board of India (SEBI) has approved several Initial Public Offerings (IPOs) as per an update on Monday. These companies, namely Capital Small Finance Bank, Jesons Industries and Uma Exports, received the market regulator’s observation letters on 7-8 February 2022. These companies had filed their draft red herring prospectus (DRHP) with SEBI between …

LIC (Life Insurance Corporation of India) has filed its DRHP or Draft Red Herring Prospectus with SEBI, giving way to the largest IPO of India. Don’t you think LIC has the potential of becoming the most prized company after its public listing ─ overturning Reliance Industries Ltd? Well, keep scrolling to get the details! Get …

2022 is off to a bang as various companies float fresh IPOs. One such IPO ready to launch on 27 January 2022 is the Adani Wilmar IPO. Get more details of this IPO and learn about its competitive strengths before you decide to buy any stock. Let’s begin with the details. Know About Adani Wilmar …

According to its latest annual reports, LIC (Life Insurance Corporation) had lowered its net NPA (Non-Performing Assets) to 0.05% in the financial year ended in March 2021. Its NPAs as of 31 March 2021 stood at Rs. 35,129.89 crores out of a total portfolio of Rs. 4,51,303.30 crores. This is lower than the net NPA …

December seems to be another action-packed month for IPOs, as several big ones get ready to launch. Metro Brands, a famous footwear retailer in India, has announced more of its IPO details. Those keen to subscribe to this company’s initial public offering may look at the details provided here before making a decision. So, let’s …

Kedaara Capital funded Vijaya Diagnostic Centre Ltd. will open its IPO on 1 September 2021. The public offering is set to close on 3 September 2021. As per reports, Vijaya Diagnostic IPO will be entirely an offer for sale (OFS) of nearly 35.69 million shares by its current promoters and shareholders. Objectives of the IPO …

After receiving the green light from India’s Securities and Exchange Board (SEBI), Aditya Birla Sun Life is preparing to go public by the end of September 2021. Sources close to the company and lead managers have confirmed it. They are currently preparing the required documents, and updates will follow soon, as per a senior employee …

Nuvoco Vistas Corporation will open its initial public offer for subscription on 9 August and close on 11 August. Per the latest reports, this Nirma Group Company has set the price band for this initial public offer at Rs. 560 – 570. Also, the IPO equity share will have a face value of Rs. 10 …

Star Health and Allied Insurance Company has filed a draft red herring prospectus (DRHP) with market regulator SEBI to raise funds via an initial public offering. According to sources, the IPO will comprise a fresh share issue worth approximately Rs. 2000 crores. The listing will also consist of an OFS of around 6.01 crore equity …