» initial public offering News

initial public offering

Astron Paper & Board Mills IPO opens to raise Rs 70 crore

Astron Paper & Board Mills IPO opens to raise Rs 70 crore

Fri, Dec 15, 2017

Astron is intending to aggressively penetrate in the domestic markets and expand their domestic market presence by expanding their sales and distribution network, said Kotak Securities.

More >
Reliance mulls plans to bring Jio IPO soon

Reliance mulls plans to bring Jio IPO soon

Tue, Dec 12, 2017

Since Reliance Jio entered in September 2016, it has created a disruption in telecom market, damaging fortunes of other incumbent operators with free offers and sharply discounted plans. 

More >
Future Supply Chain Solutions IPO sees 25% subscription on Day 1

Future Supply Chain Solutions IPO sees 25% subscription on Day 1

Wed, Dec 06, 2017

50% of the issue has been allotted to qualified institutional buyers (QIB), while 15% to non-institutional individuals (NII) and remaining 35% was kept for retail individual investors (RII).

More >
Shalby Limited IPO sees tepid response from investors on day 1

Shalby Limited IPO sees tepid response from investors on day 1

Tue, Dec 05, 2017

 The company aims to raise about Rs 505 crore from its issue and utilize it for repayment of debt and purchase of medical equipment, furniture and infrastructure.

More >
Companies may use IPO market boom to meet credit demand

Companies may use IPO market boom to meet credit demand

Mon, Dec 04, 2017

"There are various reasons that can explain the recent splurge in the IPO market. Ease of listing criteria for MSME has been one of the reasons for increasing number of companies approaching capital market,” said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser at SBI.

More >
Want to invest in IPOs? do a little bit of homework to avoid future pain

Want to invest in IPOs? do a little bit of homework to avoid future pain

Mon, Nov 20, 2017

While choosing an IPO, we should begin with knowing the KYC (Know Your Company) of the firm to understand what the company does for business and how well is the sector doing. 

More >
Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs

Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs

Wed, Nov 15, 2017

India has had a boom in IPOs, with a record $11 billion raised this year. However, high valuations - especially for some recent insurance IPOs - have produced some weak secondary market debuts and weighed on investor sentiment in recent weeks.

More >
Mahindra Logistics shares fall over 2% on market debut

Mahindra Logistics shares fall over 2% on market debut

Fri, Nov 10, 2017

Shares of Mahindra Logistics Ltd fell as much as 2.1 percent on its market debut on Friday after the company raised 8.3 billion rupees ($128 million) via an initial public offering last week.

More >
HDFC Standard Life IPO begins; Is it worth subscribing?

HDFC Standard Life IPO begins; Is it worth subscribing?

Tue, Nov 07, 2017

HDFC Standard is offering nearly 30 crore equity shares and plans to raise nearly Rs 8,695 crore from this issue.  

More >
New India Assurance IPO fully subscribed on Day 1

New India Assurance IPO fully subscribed on Day 1

Wed, Nov 01, 2017

NIA through this issue plans to raise about Rs 9,600 crore – which would be the second largest IPO after state-owned General Insurance Corp's Rs 11,000 crore IPO this year.

More >
Mahindra Logistics IPO: Is it worth subscribing?

Mahindra Logistics IPO: Is it worth subscribing?

Tue, Oct 31, 2017

 The company would be the first IPO in the niche SCM segment on stock exchanges. Within few hours of first day, MLL has already been subscribed by 24%. 

More >
General Insurance Corp's Rs 11,000 crore IPO gets oversubscribe by 1.36 times on Day 3; QIBs bid most

General Insurance Corp's Rs 11,000 crore IPO gets oversubscribe by 1.36 times on Day 3; QIBs bid most

Fri, Oct 13, 2017

 Issue consists of an offer for sale (OFS) of 10.75 crore equity shares worth Rs 9,804 crore at higher price band and a fresh issue of 1.72 crore equity shares worth Rs 1,569 crore.

More >
Rs 11,000-crore worth General Insurance Corporation IPO gets 3/4th subscription on day one

Rs 11,000-crore worth General Insurance Corporation IPO gets 3/4th subscription on day one

Wed, Oct 11, 2017

Among the top five companies selected by the Finance Minister Arun Jaitley, in January 2017 for listing the national reinsurer General Insurance Company would be the first one to launch its initial public offering. 

More >
SMEs garner record Rs 656 crore via IPOs in Apr-Sep FY18

SMEs garner record Rs 656 crore via IPOs in Apr-Sep FY18

Sun, Oct 08, 2017

Spurred by investors' interest, as many as 58 small and medium enterprises (SMEs) got listed on capital markets with IPOs worth record Rs 656 crore in April- September 2017 and many are lined up for the coming months.

More >
These 10 IPOs of 2017 have returned handsome returns; are you invested?

These 10 IPOs of 2017 have returned handsome returns; are you invested?

Wed, Sep 27, 2017

A total of 24 companies have launched their IPOs and cumulatively raised about Rs 21,560 crore through the route. 

More >
Capacit'e Infraprojects gains over 46% on market debut

Capacit'e Infraprojects gains over 46% on market debut

Mon, Sep 25, 2017

Capacit'e saw robust listing on stock exchanges on Monday. The company was trading higher by 46% against its IPO issue price.   

More >
Matrimony.com shares fall at listing

Matrimony.com shares fall at listing

Thu, Sep 21, 2017

The company has touched a 52-week high of Rs 1024 per piece and low of Rs 949.10 per piece on stock exchanges. 

More >
ICICI Lombard's IPO is now open: What should you do?

ICICI Lombard's IPO is now open: What should you do?

Fri, Sep 15, 2017

ICICI Lombard plans to raise about Rs 5700 crore from its IPO issue - which would be biggest issue after ICICI Prudential's Rs 6,000 crore IPO last year and Coal India's Rs 15,000 crore IPO in 2010.

More >
Matrimony.com IPO: Subscribe for listing gains or avoid?

Matrimony.com IPO: Subscribe for listing gains or avoid?

Mon, Sep 11, 2017

The company plans to raise over Rs 500 crore by offering nearly 38 lakh equity shares. Analysts have mixed feelings on this IPO.   

More >
ICICI Lombard sets IPO price band, to raise up to Rs 5,700 crore

ICICI Lombard sets IPO price band, to raise up to Rs 5,700 crore

Fri, Sep 08, 2017

"The price band has been set at Rs 651-661. At the upper end of the band, it will raise Rs 5,700 crore," a source said late in the evening.

More >