Page 18 - Latest Updates on IPO
Tata Capital's risk adjusted capital to improve to 10% in 2 years: S&P
Company to benefit from infusions by the Tata group and planned IPO, says rating agency
 "Tata Capital's risk adjusted capital to improve to 10% in 2 years: S&P")
Reddit signs content licensing deal with AI company ahead of IPO: Report
The details of the AI deal could change as talks over the Reddit IPO launch, which could come in March, continue
 "Reddit signs content licensing deal with AI company ahead of IPO: Report")
Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr
Ather competes with players such as Ola Electric, Bajaj, Ampere, Hero MotoCorp, and TVS Motor Company. It has been making efforts to achieve profitability as it prepares for the IPO
 "Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr")
Metalbook targets $200 million ARR by FY24, plans IPO in 4-5 years
"Metalbook is anticipated to achieve an annualized revenue run rate of USD 200 million by the end of FY24, demonstrating a growth of over 15 times in the past two years," it said in a statement
 "Metalbook targets $200 million ARR by FY24, plans IPO in 4-5 years")
Hyundai seeks expansion and higher valuation with its $3 bn IPO in India
Hyundai, India's second-biggest carmaker behind Maruti Suzuki with a 15 per cent market share, has appointed bankers for the initial public offering which could be the country's biggest ever
 "Hyundai seeks expansion and higher valuation with its $3 bn IPO in India")
Smallcap selloff weighs on sentiment causing dull debut for new listings
Jana, Capital Small Finance Bank slip below IPO price
 "Smallcap selloff weighs on sentiment causing dull debut for new listings")
SoftBank-backed Eruditus plans to shift to India from Singapore for IPO
India's $4 trillion stock market has been pulling in billions of dollars of domestic and foreign money as investors flock to a fast-growing alternative to China
Sebi ups scrutiny of issue documents amid a rise in IPO in market: Reports
"The regulator has returned at least six public offer documents, as Sebi observed companies are misleading in their reasons for fundraise," said the first of the four people cited above
 "Sebi ups scrutiny of issue documents amid a rise in IPO in market: Reports")
IPO corner: Rashi subscribed 60 times and Jana SFB booked 18 times
The company is a leading distributor of global brands in the computing and communication space
 "IPO corner: Rashi subscribed 60 times and Jana SFB booked 18 times")
Japan's SoftBank takes 10% hit on fintech major Paytm as rout continues
Japanese firm gradually exiting its investment since Paytm IPO
 "Japan's SoftBank takes 10% hit on fintech major Paytm as rout continues")
Entero Healthcare garners Rs 716 cr from anchor investors, IPO opens
Healthcare products distributor Entero Healthcare Solutions has collected Rs 716 crore from anchor investors
 "Entero Healthcare garners Rs 716 cr from anchor investors, IPO opens")
Jana Small Finance Bank IPO subscribed 88% on first day of bidding
The offer comprises of fresh issue of equity shares aggregating up to Rs 462 crore and offer for sale of up to 26,08,629 equity shares
 "Jana Small Finance Bank IPO subscribed 88% on first day of bidding")
Entero Healthcare Solutions set to launch Rs 1,600-crore IPO on February 9
In FY23, Entero Healthcare reported Rs 33,00.20 crore in revenue from operations with a gross profit of Rs 268.34 crore
 "Entero Healthcare Solutions set to launch Rs 1,600-crore IPO on February 9")
4 IPOs to hit the market next week; Aadhar Housing refiles IPO papers
Capital Small Finance Bank (Rs 523-crore issue), Small Finance Bank (Rs 570 crore) and Rashi Peripherals', (Rs 600 crore) IPO opens on February 7, while Apeejay Surrendra Park's Rs 920-crore IPO opens
Capital Small Finance Bank fixes Rs 445-468 as price band for its IPO
The issue consists of Rs 450 crore of fresh issue and the remaining Rs 73 crore of offer for sale through which promoters and external investors will dilute 5 per cent of their pre-issue holdings
 "Capital Small Finance Bank fixes Rs 445-468 as price band for its IPO")
Sebi mulls removing 1% security deposit for IPOs and rights issue
The regulator added that the number of complaints per IPO have reduced after the implementation of T+3 (Trade day plus three days) listing cycle
 "Sebi mulls removing 1% security deposit for IPOs and rights issue")
Nova Agritech shares jump nearly 43.39% to Rs 58.79 in debut trade
The stock listed at Rs 56, up 36.58 per cent from the issue price on the BSE. It later jumped 43.39 per cent to Rs 58.79
 "Nova Agritech shares jump nearly 43.39% to Rs 58.79 in debut trade")
Blackstone's Aadhar Housing Finance targets $600 million India IPO: Report
Aadhar plans to file its IPO papers with India's market regulator within the next two weeks, both sources said
 "Blackstone's Aadhar Housing Finance targets $600 million India IPO: Report")
BLS E-Services IPO sails through on Day 1: Here's all you need to know
BLS E-Services Rs 311 crore IPO was subscribed up to 2.5 times as of 11:30 AM on Day 1 of the offer period.
 "BLS E-Services IPO sails through on Day 1: Here's all you need to know")
Faasos, Behrouz Biryani's parent Rebel Foods aiming to get listed in 2025
With this, Rebel Foods would become the country's first cloud kitchen business to go public
 "Faasos, Behrouz Biryani's parent Rebel Foods aiming to get listed in 2025")
