Page 13 - Latest Updates on IPO
Ixigo's parent firm says investors sell shares worth Rs 176 cr in pre-IPO
This pre-IPO round has been completed just before the anchor round that opens on Friday
 "Ixigo's parent firm says investors sell shares worth Rs 176 cr in pre-IPO")
Bajaj Finance stock gains 4% on IPO plans of subsidiary Bajaj Housing Fin
Shares of Bajaj Finance gained 4.1 per cent at Rs 7,201 per share on the BSE in Friday's intraday trade
 "Bajaj Finance stock gains 4% on IPO plans of subsidiary Bajaj Housing Fin")
Bajaj Housing Finance approves to file IPO to raise Rs 4,000 crore
The IPO would be subject to market conditions, approvals and regulatory clearances, the company added.
 "Bajaj Housing Finance approves to file IPO to raise Rs 4,000 crore")
Kronox Lab Sciences IPO gets 117.25 times subscription on last day of offer
The Initial Public Offer (IPO) has an offer for sale of up to 9,570,000 equity shares
 "Kronox Lab Sciences IPO gets 117.25 times subscription on last day of offer")
Hindalco Industries defers Novelis IPO in US, citing market conditions
US subsidiary of Hindalco Industries says it will continue evaluate timing of the offering
 "Hindalco Industries defers Novelis IPO in US, citing market conditions")
Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall
The delay will likely have a short-term negative impact on Hindalco, said Sneha Poddar, associate vice president at Motilal Oswal Financial Services
 "Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall")
Investors subscribe Kronox Lab Sciences IPO 24.57 times on 2nd day of offer
The quota for non-institutional investors got subscribed 52.92 times while the category for Retail Individual Investors (RIIs) fetched 24.52 times subscription
Sebi seeks additional IPO disclosures to speed up clearance process
After a co files for IPO, Sebi may seek additional details from merchant bankers, and the companies can also file addendums to their draft documents based on clarifications sought by market regulator
 "Sebi seeks additional IPO disclosures to speed up clearance process")
Ola Electric planning to layoff 400-500 employees to streamline operations
Ola Electric's IPO application is currently under review by the Securities and Exchange Board of India (Sebi)
 "Ola Electric planning to layoff 400-500 employees to streamline operations")
Kronox Lab Sciences IPO opens today for bids; check price bands, GMP
Kronox Lab Sciences IPO price band is set at Rs 129 to Rs 136 per share. The minimum lot size for an application is 110 shares
 "Kronox Lab Sciences IPO opens today for bids; check price bands, GMP")
Indian bankers get ready for IPO surge as elections come to a close
The year's largest IPOs are likely yet to come, such as South Korea's Hyundai Motor Co.'s first-time share sale of its India unit, which could raise about $2.5 billion
 "Indian bankers get ready for IPO surge as elections come to a close")
Molbio Diagnostics prepares for IPO in FY25 to raise Rs 2,200-2,400 crore
Molbio Diagnostics became Goa's first startup to achieve unicorn status in September 2022 following a Rs 680 crore investment from Temasek and MOPE, plans to launch the IPO in November
Aimtron Electronics IPO opens today; check price bands, lot size, GMP
Aimtron Electronics initial public offering (IPO) is set to open for subscription on Thursday, May 30, 2024. This is a book-built issue aiming to raise Rs 87.02 crores
 "Aimtron Electronics IPO opens today; check price bands, lot size, GMP")
Ztech India IPO subscription opens today; price bands, lot size, GMP here
On Tuesday, May 28, Ztech India secured Rs 10.61 crore from anchor investors by offering them a total of 9,64,800 shares
Hindalco Industries looks to garner $945 million via Novelis US IPO
To offload 45 mn shares, or 7.5% stake, at $18-21 apiece; values arm at $12.6 bn
Hyundai Motor adds Kotak, Morgan Stanley for possible record India IPO
Hyundai Motor India Ltd. plans to file for an IPO in June, International Financing Review reported earlier Monday, when it also said Kotak and Morgan Stanley were joining the syndicate
 "Hyundai Motor adds Kotak, Morgan Stanley for possible record India IPO")
Beacon Trusteeship's IPO opens on May 28; check price bands, lot size, GMP
Beacon Trusteeship's initial public offering (IPO) is set to open for subscription on Tuesday, May 28, 2024
Sebi mandates 10-minute video disclosure for companies launching IPOs
"The content of the AV must be factual, non-repetitive, non-promotional and shall not be misleading in any manner," said Sebi
 "Sebi mandates 10-minute video disclosure for companies launching IPOs")
IPO Alert: Awfis Space Solutions opens today: Should you subscribe?
Awfis Space Solutions IPO opens for subscription on May 22, 2024, and closes on May 27, 2024. The allotment for the IPO is expected to be finalised on Tuesday, May 28, 2024
Stock market volatility: It is a good time to rebalance equity portfolio
Equities offer the best potential for wealth building over the long term. Investors need to invest time and effort in acquiring skills to improve their stock selection, timing, money management skill
 "Stock market volatility: It is a good time to rebalance equity portfolio")
