Page 3 - Latest Updates on IPO
Swiggy delivers 17% gains on stock market debut; Mcap tops Rs 1 trillion
The gains came despite overall market weakness amid sustained selling by foreign portfolio investors
 "Swiggy delivers 17% gains on stock market debut; Mcap tops Rs 1 trillion")
Swiggy to make 500 employees crorepatis after its IPO: Here's how
On the Bombay Stock Exchange (BSE), the stock opened at Rs 412, registering a 5.64% gain from the issue price. This listing is set to bring significant value through Esops
 "Swiggy to make 500 employees crorepatis after its IPO: Here's how")
Swiggy enters the stock market, Zomato shares heartfelt post: 'You and I…'
Zomato shared a social media post featuring a banner announcing Swiggy's listing, the post shows a friendly nod between the two food delivery applications
 "Swiggy enters the stock market, Zomato shares heartfelt post: 'You and I…'")
Swiggy's Sriharsha Majety recounts journey in rare appearance at IPO debut
Swiggy's CEO, at the stock market debut, shared the journey from an IIM Calcutta college project to India's leading delivery platform
 "Swiggy's Sriharsha Majety recounts journey in rare appearance at IPO debut")
Food delivery major Swiggy to debut on stock market on Wednesday
If the grey market premium is any indication, Swiggy's shares could list close to its issue price of Rs 390 per share, valuing the company at Rs 87,300 crore
 "Food delivery major Swiggy to debut on stock market on Wednesday")
NTPC Green seeks $12 bn valuation in one of biggest renewable industry IPO
NTPC Green's IPO would follow the successful listing of Waaree Energies Ltd., which raised $514 million last month and was subscribed more than 70 times
 "NTPC Green seeks $12 bn valuation in one of biggest renewable industry IPO")
Supply chain startup Zetwerk considers raising $1 billion through IPO
Zetwerk's technology platform helps connect suppliers and customers in areas such as aircraft engine manufacturing, consumer electronics and home appliances
 "Supply chain startup Zetwerk considers raising $1 billion through IPO")
Zinka Logistics' IPO to open on Nov 13; sets price at Rs 259-273 per share
The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares
 "Zinka Logistics' IPO to open on Nov 13; sets price at Rs 259-273 per share")
Swiggy IPO subscribed 12% on day one; individual investors bid most
Swiggy has already allotted shares worth Rs 5,085 crore to anchor investors, drawn from the QIB quota
Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025
Reliance Retail could be valued between $125 bn and $150 bn at the time of IPO
 "Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025")
Apollo Green Energy prepares for IPO, eyes Rs 10,000 cr portfolio by 2025
Apollo International's renewable energy arm in the EPC sector looks to build its Rs 3,500 crore portfolio before going public in 2025
 "Apollo Green Energy prepares for IPO, eyes Rs 10,000 cr portfolio by 2025")
Apollo Green to launch IPO in 2025; to build Rs 10K cr project portfolio
Operating in eight states, the company manages a diverse portfolio of projects, including 400 MW of solar installations
 "Apollo Green to launch IPO in 2025; to build Rs 10K cr project portfolio")
Niva Bupa sets a price band of Rs 70-74 for its Rs 2,200 crore IPO
The IPO is a mix of a fresh issue of up to Rs 800 crore and an offer for sale (OFS) of up to Rs 1,400 crore by Bupa Singapore Holdings Pte Ltd and Fettle Tone LLP
 "Niva Bupa sets a price band of Rs 70-74 for its Rs 2,200 crore IPO")
Street Signs: IPO pulse weakens, TBO Tek's lock-up expiry, and more
The last released net SIP data for July stood at Rs 8,964 crore, with gross inflows reaching Rs 23,332 cr
 "Street Signs: IPO pulse weakens, TBO Tek's lock-up expiry, and more")
HDB Financial Services files draft papers for Rs 12,500 crore IPO
The lender plans to use the proceeds from the IPO to enhance its Tier-I capital base and meet future capital requirements, including those for onward lending
 "HDB Financial Services files draft papers for Rs 12,500 crore IPO")
Swiggy IPO gets bids of $15 bn from big investors like Norges, Fidelity
Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its $1.35 billion IPO that will be country's second-biggest stock offering this year
 "Swiggy IPO gets bids of $15 bn from big investors like Norges, Fidelity")
Firms get second shot at IPO jackpot as buoyant markets offer a lifeline
So far in 2024, 68 firms have raised over Rs 1 trillion through IPOs. This is only the second time after 2021 that IPO mop-up is crossing Rs 1 trillion
 "Firms get second shot at IPO jackpot as buoyant markets offer a lifeline")
NTPC Green Energy's Rs 10,000 crore IPO likely to unlock value for parent
NTPC is targeting 60 Gw of renewable energy (RE) capacity by FY32 through NGEL
 "NTPC Green Energy's Rs 10,000 crore IPO likely to unlock value for parent")
Waaree's Hitesh Doshi: The tycoon who began with $60 and is now worth $5 bn
With the listing of the group's solar cell manufacturing arm Waaree Energies Ltd. on Monday in Mumbai, Doshi and his family have joined the ranks of the world's richest people
 "Waaree's Hitesh Doshi: The tycoon who began with $60 and is now worth $5 bn")
A mixed bag for new listings: Waaree Energies up 56%, Deepak Builders dips
Waare's IPO consisted of fresh fundraise of Rs 3,600 crore and an offer for sale of Rs 721 crore. The stock is priced at 53 times its financial year 2024 (FY24) earnings of Rs 1,274 crore
