IPO - Angel One - Page 327

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 …

UTI AMC divestment will take place with a maiden offer of Rs 3,000 crore. The company also announced the UTI AMC IPO date, which is September 29. The much-awaited UTI AMC IPO will hit the market during the last week of September. The IPO market has made a strong comeback after a sabbatical for nearly …

Route Mobile will launch IPO offers in the second week of September. After the dry spell of nearly four months, the Indian IPO market is gaining momentum again. Rossari Biotech ended the IPO hiatus in July, being the first company to float IPO offers amid the lockdown. The Indian IPO market, which has become one …

As the Indian IPO market is gaining steam again, several companies are floating their IPO offers to win over the investors. In the previous months, we have witnessed pharma firms and financial companies to launch IPO offers, which were lapped up by investors. The newest to join the list is an IT firm from Bangalore. …

India’s IPO market is one of the leading IPO markets in the world. In 2018, around 183 companies had launched IPO offers in the Indian stock market to raise $11.6 billion capital. The following year, 2019, also witnessed lots of activities in the segment, with several large players floating their initial public offers in the …

Compared to the previous two years, the number of IPOs hitting the markets this year has been scarce, to say the least. The financial markets have already witnessed one major IPO getting cancelled in view of the worsening economic situation due to the COVID-19 pandemic. Unfettered by this rough patch, NCDEX has gone ahead with …

Devyani International, India’s largest franchisee of Yum! Brands and QSR (quick service restaurant) has finalised the basis of allotment for their IPO on 11 August 2021. The Rs. 1838 crores IPO of our country’s largest franchisee of Pizza Hut, KFC and Costa Coffee ran from 4 August to 6 August and received an overwhelming response. …