Page 27 - Latest Updates on IPO
Hospital chain Jupiter Life IPO subscribed 3.3 times on day two of offer
The IPO received bids for 2,80,31,300 shares against 84,97,169 shares on offer, according to NSE data
 "Hospital chain Jupiter Life IPO subscribed 3.3 times on day two of offer")
Ratnaveer Precision Engineering IPO subscribed 21.77 times on 2nd day
The IPO received bids for 25,66,70,250 shares against 1,17,88,000 on offer, as per NSE data
Arm Ltd's IPO expectations tempered as roadshow kicks off: Report
The SoftBank Group Corp.-owned chip unit now seeks to raise $5 billion to $7 billion, down from as much as $10 billion it previously sought, Bloomberg News reported
 "Arm Ltd's IPO expectations tempered as roadshow kicks off: Report")
Jyoti CNC Automation files papers to raise Rs 1,000 crore via IPO
Proceeds from the issue would be used for debt payment, funding long-term working capital requirements of the company, and general corporate purposes
 "Jyoti CNC Automation files papers to raise Rs 1,000 crore via IPO")
SoftBank Group lines up Apple, Nvidia as strategic Arm IPO backers
The investors will put in amounts ranging from $25 million to $100 million, according to the people
 "SoftBank Group lines up Apple, Nvidia as strategic Arm IPO backers")
Rishabh Instrument IPO subscribed 32x; Arkade Developers files DRHP
As of July 31, Arkade had developed 1.8 million square feet of residential property. Its revenue in FY23 stood at Rs 224 crore
Jupiter Life Line Hospital announces IPO, plans to mop up Rs 869 crore
The company has disclosed that approximately Rs 500 crore from the public offering will be allocated towards debt repayment
TPG Capital-backed wires manufacturer RR Kabel gets Sebi approval for IPO
Apart from these, US-based private equity firm TPG Capital, which holds a 21 per cent stake in RR Kabel, will partly sell its stake in the company as part of the OFS
 "TPG Capital-backed wires manufacturer RR Kabel gets Sebi approval for IPO")
Sunil Mittal's Airtel plans Uganda's biggest IPO to raise $216 million
The offer opens on Wednesday and closes on Oct. 13, according to a prospectus released in the capital, Kampala, on Tuesday. The company will start trading on the exchange on Oct. 31
 "Sunil Mittal's Airtel plans Uganda's biggest IPO to raise $216 million")
Vishnu Prakash IPO subscribed 87.81 times on last day of bidding
The Initial Public Offering (IPO) of Vishnu Prakash R Punglia Ltd was subscribed 87.81 times on the last day of bidding on Monday, helped by strong engagement from institutional buyers
Stake sale, IPO plans for retail units in focus for Ambani's AGM speech
His once-a-year speech to investors - similar to Warren Buffett's annual letters to Berkshire Hathaway shareholders - has over time evolved into an highly anticipated pageant
 "Stake sale, IPO plans for retail units in focus for Ambani's AGM speech")
Reliance Retail Ventures may sell another 8-10% stake to prepare for IPO
Further dilution of stake might make its IPO size manageable
 "Reliance Retail Ventures may sell another 8-10% stake to prepare for IPO")
Tata group gets ready to launch Tata Tech IPO, plans to raise Rs 5,000 cr
Group to launch IPO after a gap of 19 years
Sewerage infra player EMS plans to float IPO in Sept to raise Rs 300-320 cr
In the pre-IPO placement round, the Ghaziabad-based firm issued 16 lakh equity shares at an issue price of Rs 211 apiece, the company said in a statement
Jio Financial hits down limit for third day, Aeroflex subscribed 21 times
Market players expect the selling pressure to continue until the selling by passive funds is fully absorbed
 "Jio Financial hits down limit for third day, Aeroflex subscribed 21 times")
After Bikaji Foods, Bikanervala to go for IPO in next three years
The company is making substantial investments in capacity expansion, including setting up a Rs 400 crore plant near Jewar Airport to manufacture and package snack foods
 "After Bikaji Foods, Bikanervala to go for IPO in next three years")
Heating equipment maker JNK India files draft papers with Sebi to float IPO
Those offloading shares in the OFS are of promoters -- Goutam Rampelli, Dipak Kacharulal Bharuka, JNK Heaters Co. Ltd. and Mascot Capital and Marketing Pvt Ltd. -- and shareholder Milind Joshi
TVS Supply Chain shares settle 2% higher than issue price in debut trade
The stock was listed at Rs 206.30, up 4.72 per cent from the issue price on the BSE. During the day, it jumped 5.83 per cent to Rs 208.50
 "TVS Supply Chain shares settle 2% higher than issue price in debut trade")
Stationery maker Doms files draft papers for $145 mn IPO with Sebi
Milan-listed FILA Fabbrica Italiana Lapis ed Affini SpA, which holds a 51% stake in the company, is selling shares worth Rs 800 cr
 "Stationery maker Doms files draft papers for $145 mn IPO with Sebi")
Aeroflex Industries IPO subscribed 6.69 times on first day of offer
The IPO has a fresh issue of up to Rs 162 crore and an offer for sale of up to 1.75 crore equity shares
 "Aeroflex Industries IPO subscribed 6.69 times on first day of offer")
