IPO - Angel One - Page 321

The digital payments giant MobiKwik has filed DRHP with SEBI to raise Rs 1900 crore through an IPO. As per the draft document, the company will raise Rs. 1500 crores from the sale of primary shares. Additionally, it will raise a maximum of Rs. 400 crores through the sale of secondary shares held with existing …

An Overview of the IPO Chennai-based Star Health Insurance, India’s first and largest private standalone health insurance provider, is preparing a Dalal Street launch in 2021, backed by ace investor Rakesh Jhunjhunwala and private equity companies Westbridge Capital and Madison Capital. The firm’s IPO plans follow a dramatic rise in demand for health insurance policies …

GoAir Ready To Land at Dalal Street The travel industry has recently reached a snag as a result of the pandemic. Several firms have only recently bounced back and entered the stock market to list themselves publicly amidst the gradually normalising business activities. Several investors have shown interest in GoAir’s proposed initial public offering (IPO). …

Public sector ‘Maharatna’ unit Powergrid India is all set to roll out its InvIT IPO on April 29, 2021. Let’s now check all the necessary details associated with the offer that is creating a buzz in the market. Power Grid is set to become the first PSU to launch an InvIT IPO in the country. …

It’s IPO call for the PSU power ‘Maharatna’, Powergrid Corporation of India, which prepares to go public on April 29, 2021. The proposed IPO size of Rs 7,734,99 crores contains prime components worth Rs 4,500 crores. The rest of Rs 2,741.50 crore is OFS units. Powergrid Corporation of India Limited is a PSU that belongs …

Mumbai-based gaming and sports media platform Nazara Technologies is hitting the markets with its Initial Public Offering (IPO) that begins on March 17th and closes on March 19th. The Nazara Technologies IPO plans to raise Rs 583 crore through the markets with its offer of 5.29 million equity shares at a face value of Rs 4. About …

The Suryoday Small Finance Bank IPO date has been announced; the bank will launch its initial public offering on March 17. The Rs 582.33-crore offering will close for subscription on March 19. The price band for the IPO is Rs 303-305 per share, while the face value of a share is Rs 10. The offer accounts …

With operations spanning over a decade, Suryoday Small Finance Bank has emerged as one of the leading financial institutions in the country. The small finance bank has one of the best net interest margins, return on asset, yield and deposit growth. In FY20, Suryoday Small Finance Bank had the lowest cost-to-income ratio among Indian SFBs. …

Suryoday Small Finance Bank’s IPO (initial public offering) will open this week on 17th March and close on 19th March. Suryoday small finance bank IPO price of issue will be between ₹303 to ₹305 per share. The bank’s IPO comprises a fresh issue of 81.50 lakh shares and an offer-for-sale (OFS) of up to 1.09 crore …

2021’s IPO journey is going to start with a bang. In the new year’s first big IPO launch, Indian Railway Financial Corporation’s maiden offer will float in the market on January 18. The PSU NBFC targets to divest 1,782,069,000 equity shares aggregating to Rs 4,633.38  crores. The shares will launch in the price band of …