Page 25 - Latest Updates on IPO
Sebi extends deadline demat a/c nomination; SBI MF promotes DP Singh
In March, the regulator had extended the deadline from March 31 to September 30
 "Sebi extends deadline demat a/c nomination; SBI MF promotes DP Singh")
JSW Infra IPO subscribed 43%; SME stocks to come under surveillance
Updater Services IPO subscribed 6 per cent on day 1
 "JSW Infra IPO subscribed 43%; SME stocks to come under surveillance")
Brokerages recommend JSW Infra IPO, cite firm's govt contracts among risks
Sajjan Jindal company is the third listing by the JSW Group and it comes after a gap of 13 years
 "Brokerages recommend JSW Infra IPO, cite firm's govt contracts among risks")
Regulatory relook: Move to push firms away from in-house RTAs on the cards
Sebi looking to increase networth requirement, other measures; may float discussion paper
 "Regulatory relook: Move to push firms away from in-house RTAs on the cards")
Inspire Films to launch IPO during Sept 25-27, plans to raise Rs 21.20 cr
"Following the IPO, the company's shares will be listed on the NSE Emerge platform on October 9, 2023," it added
 "Inspire Films to launch IPO during Sept 25-27, plans to raise Rs 21.20 cr")
Samhi Hotels to Sai Silks: Subscriptions drop as IPOs get bunched up
Deterioration in market sentiment, investment fatigue also to blame
 "Samhi Hotels to Sai Silks: Subscriptions drop as IPOs get bunched up")
SAMHI Hotels gains 14% on stock market debut; Zaggle Prepaid slips 3.5%
Samhi Hotels raised Rs 1,200 crore by issuing fresh shares in the IPO
 "SAMHI Hotels gains 14% on stock market debut; Zaggle Prepaid slips 3.5%")
Sai Silks IPO subscribed 33 % on day 2 of bidding, RIIs subscribed 26%
The initial share sale received bids for 1,27,49,966 shares against 3,84,86,309 shares on offer, as per NSE data
 "Sai Silks IPO subscribed 33 % on day 2 of bidding, RIIs subscribed 26%")
Sai Silks Kalamandir's IPO subscribed 33% a day ahead of its close
Sai Silks is looking to raise Rs 600 crore in fresh capital, which will be used to set up 30 new stores and two warehouses to help fuel its growth
RR Kabel gains 15% on debut, Yatra Online's IPO manages to scrape through
The stock hit a low of Rs 1,141 and a high of Rs 1,213 on the BSE. Shares worth nearly Rs 1,900 crore got traded on NSE and BSE of the company
 "RR Kabel gains 15% on debut, Yatra Online's IPO manages to scrape through")
Instacart founder Apoorva Mehta exits with $1.1 bn fortune after IPO
The transition marks the end of Mehta's 11-year tenure with the company he co-founded in 2012
 "Instacart founder Apoorva Mehta exits with $1.1 bn fortune after IPO")
Instacart valuation zooms above $14 billion after stock pops 43% in debut
The IPO gave Instacart a valuation of nearly $9.9 billion, a fraction of the $39 billion it was worth in 2021, the company's last funding round
 "Instacart valuation zooms above $14 billion after stock pops 43% in debut")
Signature Global raises Rs 318.5 cr from anchor investors ahead of IPO
In a regulatory filing, Signature Global informed that under Anchor Investors (AIs) portion in the public issue, 82,72,700 equity shares have been subscribed at Rs 385 per equity share
Signature Global raises Rs 318.5 cr from anchor investors ahead of IPO
In a regulatory filing, Signature Global informed that under Anchor Investors (AIs) portion in the public issue, 82,72,700 equity shares have been subscribed at Rs 385 per equity share
Domestic mutual funds anchoring more listings as issue sizes shrink
Have subscribed to shares worth Rs 2,850 cr as 'cornerstone investors' in 20 IPOs so far in FY24
 "Domestic mutual funds anchoring more listings as issue sizes shrink")
R R Kabel to list on Wed, become 1st to debut within 2 days of IPO closure
Capital markets regulator Sebi in August halved the timeline for listing of shares on stock exchanges after the closure of IPOs to three days (T+3) from six days (T+6)
OYO's growth 'incredibly strong', can't give timeline for IPO: Troy Alstead
Profitability 'starting point' ensure growth, says independent director of hospitality major
 "OYO's growth 'incredibly strong', can't give timeline for IPO: Troy Alstead")
Zaggle Prepaid IPO subscribed 12.57 times on last day of subscription
The initial share sale got bids for 24,28,83,090 shares against 1,93,26,761 shares on offer, according to data available with the NSE
Ebanx to integrate India's UPI payments later this year, US IPO in works
Since its founding in 2012, Curitiba-based Ebanx has focused on cross-border transactions for clients like Spotify Technology SA, Airbnb Inc. and Alibaba Group Holding Ltd
 "Ebanx to integrate India's UPI payments later this year, US IPO in works")
Yatra Online IPO receives 30% subscription on second day of bidding
The Rs 775-crore IPO received bids for 94,27,005 shares against 3,09,42,356 shares on offer, according to NSE data
