Page 2 - Latest Updates on IPO
LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO
South Korean parent to sell 15% stake
 "LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO")
LG Electronics India files for IPO; South Korean parent to sell 15% stake
Its South Korean parent company LG Electronics Inc will sell 10,18,15,859 equity shares of face value of Rs 10 each, according to DHRP
 "LG Electronics India files for IPO; South Korean parent to sell 15% stake")
RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO
Canara Robeco AMC was established in 1993 and was initially known as Canbank Mutual Fund
 "RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO")
Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr
The company may consider raising Rs 90 crore through a pre-IPO placement
 "Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr")
Co-working space provider Urban Vault plans IPO in the next 3 years
The company expects to reach the Rs 150-crore revenue mark by FY25, growing at 80-85 per cent year-on-year
Global investment group Prosus eyes five India listings in 12-18 months
While Prosus said that the exact timeline for the IPO announcements will come from the firms themselves, it also identified another five investee companies on its "future potential" IPO list
 "Global investment group Prosus eyes five India listings in 12-18 months")
Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months
The expiry of the lock-in period could have implications for these companies, as some investors might look to sell their holdings
 "Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months")
C2C Advanced Systems IPO sees 80% of individual investors withdraw bids
The SME IPO had received a good response, seeing 100 times more demand than shares on offer
 "C2C Advanced Systems IPO sees 80% of individual investors withdraw bids")
BlackRock agrees to buy private credit group HPS Investment Partners
BlackRock, the world's largest asset manager overseeing more than $10 trillion, is seeking to capitalize on a boom in investor demand for alternative assets, ranging from private equity to infra
 "BlackRock agrees to buy private credit group HPS Investment Partners")
Property Share files offer document for Rs 353 crore IPO of its SM Reit
Property Share Investment Trust (PSIT) is India's first registered small and medium real estate investment trust (SM Reit)
 "Property Share files offer document for Rs 353 crore IPO of its SM Reit")
Zepto raises $350 million at flat $5 billion valuation ahead of IPO
Indian HNIs, family offices, and leading financial institutions took part in latest funding round
 "Zepto raises $350 million at flat $5 billion valuation ahead of IPO")
Should you dump Adani Green stock for NTPC Green IPO? What analysts say
Vneet Jaain, former chief executive officer at Adani Green Energy along with Adanis, prosecutors said, raised over $3 billion in loans and bonds by hiding their corruption from lenders and investors
 "Should you dump Adani Green stock for NTPC Green IPO? What analysts say")
SME players voice concerns on tighter fund raising norms, compliance cost
Sebi has proposed an overhaul of the SME IPO rules to curb instances of fund diversion and malpractices
 "SME players voice concerns on tighter fund raising norms, compliance cost")
NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks
NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.
 "NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks")
NTPC Green allots shares worth Rs 3,960 crore to anchor investors
Anchor allotment is made to marquee investors a day before the IPO to instil confidence and provide cues to other investors
 "NTPC Green allots shares worth Rs 3,960 crore to anchor investors")
Zinka Logistics Solutions IPO subscribed 1.86 times on third day of issue
The IPO comprises a fresh issue of equity shares worth up to Rs 550 crore and an offer for sale of 2,06,85,800 equity shares, aggregating up to Rs 564.72 crore
 "Zinka Logistics Solutions IPO subscribed 1.86 times on third day of issue")
India's startup ecosystem sees rebound, late-stage deals take lead
Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities
 "India's startup ecosystem sees rebound, late-stage deals take lead")
Rosmerta Digital postpones Rs 206 crore IPO amid adverse market conditions
The IPO was touted as the largest-ever for an SME (small and medium enterprise)
Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing
Swiggy is the first company to list through the Securities and Exchange Board of India's confidential listing route, highlighting the competitive nature of the sector
 "Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing")
Zinka Logistics' IPO subscribed 24% of offer size on opening day
The IPO received bids for 54,08,100 shares against 2,25,67,270 shares on offer, as per NSE data
