Page 21 - Latest Updates on IPO
Ather Energy could launch IPO by FY25 end, earlier than initially planned
Launch of a family scooter and expansion of dealership network to help it increase market share
 "Ather Energy could launch IPO by FY25 end, earlier than initially planned")
Wager on IPOs exceeds Rs 1 trn; Doms subscribed 93x, India Shelter 37x
Another half a dozen IPOs open for subscription next week
 "Wager on IPOs exceeds Rs 1 trn; Doms subscribed 93x, India Shelter 37x")
Auto component maker Happy Forgings to launch Rs 1,008 crore IPO on Dec 19
The maiden public issue will open for subscription from December 1921, and the anchor book will be opened for a day on December 18
 "Auto component maker Happy Forgings to launch Rs 1,008 crore IPO on Dec 19")
Muthoot Microfin IPO to open on Dec 18 at price band of Rs 277-291
The funds are expected to augment the capital base of the company. Out of the total, the company plans to raise Rs 760 crore through the sale of fresh equity and Rs 200 crore via Offer for Sale
 "Muthoot Microfin IPO to open on Dec 18 at price band of Rs 277-291")
Mutual Fund IPOs anchor bigger than FPIs for a second year in a row
So far this calendar, domestic funds subscribe for shares worth Rs 5,577 cr in anchor category, while FPIs Rs 5,417 cr
 "Mutual Fund IPOs anchor bigger than FPIs for a second year in a row")
IPO rush ahead of FPI holiday season, market to raise nearly Rs 8,000 cr
These companies will break a jinx of sorts seen during the December preceding a General Election year
 "IPO rush ahead of FPI holiday season, market to raise nearly Rs 8,000 cr")
India Shelter Finance IPO: Should you invest in this housing finance firm?
Here's what brokerages recommend investors should do, with this Rs 1,200 crore IPO which closes for subscription on Friday, December 15.
 "India Shelter Finance IPO: Should you invest in this housing finance firm?")
IPO-bound Oyo elevates Rakesh Kumar as new chief financial officer
Kumar will replace Abhishek Gupta, who will continue with Oyo in "an advisory and mentorship capacity
 "IPO-bound Oyo elevates Rakesh Kumar as new chief financial officer")
Next year will be equally robust for IPOs: IIFL Securities' Nipun Goel
Goel says that the increased focus on profitability and reasonable pricing underpins demand for IPOs
 "Next year will be equally robust for IPOs: IIFL Securities' Nipun Goel")
Street Signs: Smallcap posts double-digit gains, TCS buyback blues and more
The assets under management of active smallcap schemes experienced a slight decline, even as smallcap indices registered double-digit gains in November
 "Street Signs: Smallcap posts double-digit gains, TCS buyback blues and more")
Wired for growth: Strong outlook fuels EMS players' success circuit
The sector saw a dual dynamic in Q2 - revenue growth acted as a current of strength, yet profit margins faced resistance
 "Wired for growth: Strong outlook fuels EMS players' success circuit")
Flair Writing Industries' impressive debut marks end of busy listing week
However, newly listed shares come off highs as caution sets in
Tata Technologies shares soar 2.7 times on blockbuster market debut
The global ER&D player registers best listing-day performance for an IPO of over Rs 500 crore
 "Tata Technologies shares soar 2.7 times on blockbuster market debut")
Gandhar Oil Refinery soars 78% on market debut; Fedfina ends flat
For the quarter ended June 2023, Gandhar had posted a profit of Rs 54.3 crore on revenues of Rs 1,070 crore
Tata Technologies to boost India's hot IPO market on trading debut
Tata Technologies' IPO raised Rs 3,040 crore ($365 million), with shares being sold at Rs 500 each, the top of the marketed range. Demand exceeded shares on offer by 69 times, as investors piled
 "Tata Technologies to boost India's hot IPO market on trading debut")
Ireda gains 88% on debut; Tata Tech, 2 others to list IPOs on Thursday
As per grey market operators, Tata Tech shares could gain over 80 per cent, while that of Gandhar are pegged to gain 40 per cent on debut
 "Ireda gains 88% on debut; Tata Tech, 2 others to list IPOs on Thursday")
Tata Technologies IPO listing tomorrow: Here's what the experts expect
Tata Technologies IPO subscription: It was subscribed 69.43 times as of the final day of subscription on November 24, driven by high participation from institutional buyers
 "Tata Technologies IPO listing tomorrow: Here's what the experts expect")
Indian investors need protection from manipulative short-selling practices
Third party reports and comments can affect markets and shake investor confidence
 "Indian investors need protection from manipulative short-selling practices")
Tata Tech IPO: How to check allotment status, listing date, GMP & more
Tata Tech IPO: The shares of Tata Technologies will likely be listed on the bourses (BSE & NSE) on November 30
 "Tata Tech IPO: How to check allotment status, listing date, GMP & more")
Fast-fashion retail giant Shein may go public with US IPO filing
The Chinese retail giant, now headquartered in Singapore, is estimated to be valued over $60 billion
