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initial public offer News
initial public offer
India Grid Trust to list on BSE, NSE tomorrow; should you invest?
Mon, Jun 05, 2017
India Grid Trust, an infrastructure investment trust (InvIT), is set to get listed on exchanges on Tuesday. It is the second InvIT to debut on bourses after IRB InvIT Fund.
Canara HSBC OBC Life eyes expanding insurance services to small cities, towns
Sun, May 21, 2017
Canara HSBC Oriental Bank of Commerce Life Insurance is planning to expand its insurance services to semi-urban, rural, tier-II and tier-III cities.
India's first state-run company IPO in 5 years receives strong response
Fri, May 12, 2017
Investors bid for 16.22 billion shares compared with about 204 million on offer, according to stock exchange data on Thursday, the closing date for applications.
S Chand IPO a hit, oversubscribed 59 times on last day
Fri, Apr 28, 2017
S Chand had raised nearly Rs 219 crore from anchor investors on Tuesday. The price band for the offer is Rs 660-670 a share.
IPOs continue their winning streak in 2017
Thu, Apr 27, 2017
Avenue Supermart, with its listing on March 21, has crossed Rs 800-level giving returns of 167% to its investors.
S Chand IPO oversubscribed on Day 2
Thu, Apr 27, 2017
Existing shareholders of the company, including Everstone Capital, would collectively sell 6,023,236 shares worth Rs 403.5 crore, taking the total IPO size to Rs 728.5 crore, as reported by PTI.
S Chand IPO opens today, here's what experts outlook say
Wed, Apr 26, 2017
Indian education content company, S Chand & Company Ltd will open its Rs 728 crore initial public offering (IPO) on Wednesday to raise 325 crore via fresh issue of equity shares of Rs 5 each and an offer for sale (OFS) of up to 60.23 lakh equity shares by PE investor Everstone Capital and promoters, both in the price band of Rs 660 to Rs 670 per share.
Two IPOs headed for markets this week, eye Rs 584 crore
Sun, Mar 19, 2017
So far this year, Music Broadcast and leading stock exchange BSE have got listed.
Snapchat plans to unveil Android smartphone: Report
Sat, Feb 18, 2017
The device might also inlcude a lock screen that allows users to easily swipe for Snapchat notifications and updates, messaging, and syncing with Spectacles. It may also pack Discover screen that combines GPS and maps, Snapchat Stories, and advertisements.
Snap sets valuation below expectations
Thu, Feb 16, 2017
Snap Inc, the owner of the popular messaging app Snapchat, set a valuation of between $16.20 billion and $18.52 billion in its initial public offering, significantly below expectations.
Budget raises India's capital market ambitions
Mon, Feb 06, 2017
The government intends to raise Rs 110 billion from the listing of state-owned insurance companies, Rs 465 billion from the sale of stakes in state-owned companies on local stock exchanges and Rs 150 billion from strategic sales in 2017-18.
Snap Inc goes public, seeks to raise $3 billion
Fri, Feb 03, 2017
Snap Inc, parent company of the fast-growing social networking app Snapchat, has made its long-awaited initial public offering (IPO) filing public, seeking to raise up to $3 billion.
From waiting seven years for a green card to selling his company to Cisco for $3.7 billion; here is Jyoti Bansal’s story
Sat, Jan 28, 2017
The Indian-American entrepreneur, Jyoti Bansal, who hailed from Delhi’s IIT college has been commended on selling his company –AppDynamics to IT major Cisco for $3.7 billion. Former H1-B visa holder, arrived in America in the year 2000 and waited seven years for a green card.