Page 10 - Latest Updates on IPO
Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs
Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments
 "Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs")
Standard Glass Lining Technology files DRHP with Sebi to raise Rs 600 cr
The company will decide the offer price, floor price and cap price in consultation with BRLMs (Book Running Leader Managers), and on the basis of assessment of market demand for the equity shares
 "Standard Glass Lining Technology files DRHP with Sebi to raise Rs 600 cr")
Jungle Camps aims to hit Rs 100 cr revenue by 2028; firms up IPO plans
In line with its growth strategy, the Delhi-headquartered company has set its sights on an Initial Public Offering (IPO) to fund its expansion plans
 "Jungle Camps aims to hit Rs 100 cr revenue by 2028; firms up IPO plans")
Investor subscribe Sanstar IPO 13.47 times offer size on day 2 of offer
The initial public offer of plant-based speciality products company Sanstar Ltd received 13.47 times subscription on the second day of share sale on Monday.
 "Investor subscribe Sanstar IPO 13.47 times offer size on day 2 of offer")
RNFI Services IPO opens today: Check GMP, Dates, Price, Size and more
The RNFI Services IPO comprises a fresh issue of 6,744,000 shares aggregating up to Rs 70.8 crore and is available at a price band of Rs 98-105 per share
 "RNFI Services IPO opens today: Check GMP, Dates, Price, Size and more")
NLC India to raise funds via IPO of arm for clean energy expansion: CMD
In an interview to PTI here, the CMD said the PSU is planning to ramp up its renewable energy capacity from the current 1.4 GW to 6 GW by 2030
 "NLC India to raise funds via IPO of arm for clean energy expansion: CMD")
Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr
Through this, the company will be following in the footsteps of other listed players including Hatsun Agro Product, Heritage Foods, Parag Milk Foods, and Dodla Dairy
 "Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr")
Kataria Industries IPO opens today for bids; GMP indicates 52% listing gain
Kataria Industries raised Rs 15.53 crore from anchor investors on Monday, July 15, with key anchors including AG Dynamic Funds, North Star Opportunities Fund and Radiant Global Fund
IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOP liquidity over the five events, benefiting over 3,200 employees
 "IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million")
Tunwal E-Motors IPO opens for subscription today; price, GMP, lot size here
Tunwal E-Motors initial public offering (IPO) is set to open for subscription on Monday, July 15. The IPO aims to raise Rs 115.64 crore
 "Tunwal E-Motors IPO opens for subscription today; price, GMP, lot size here")
Ratlam-based Kataria industries to float Rs 54.5 cr IPO on July 16
The initial public offering (IPO) will be available for public subscription during July 16-19 and the bidding for anchor investors will open on July 15, the company said in a statement
Invesco lowers fair value, cutting Swiggy and Pine Labs valuations
US-based investor Invesco valued its 28,844 shares in Swiggy at $219.2 million, implying a total valuation of $12.3 billion, down from $12.7 billion in January 2024
 "Invesco lowers fair value, cutting Swiggy and Pine Labs valuations")
Reliance Jio listing: Tariff hikes a trigger, but spinoff better option
The current minority investors in Jio may prefer the spin off route and RIL could also consider buyout of current institutional stakeholders in Jio after the spin off if it wanted to shore up stake
 "Reliance Jio listing: Tariff hikes a trigger, but spinoff better option")
Emcure Pharma lists at 31% premium; should you buy, sell or hold the stock?
Emcure Pharmaceuticals listing today: According to analysts, Emcure Pharma is quoting at a reasonable valuation with a niche opportunity to invest in the gynaecology & HIV antivirals therapeutic areas
 "Emcure Pharma lists at 31% premium; should you buy, sell or hold the stock?")
Ashwin Sheth to invest Rs 5,000 cr to expand biz, to launch IPO in 2 yrs
The Mumbai-based company said it has achieved sales bookings of around Rs 1,500 crore during the last fiscal, a three-fold increase from the 2022-23 financial year
 "Ashwin Sheth to invest Rs 5,000 cr to expand biz, to launch IPO in 2 yrs")
Nephro Care IPO makes bumper debut on NSE SME; lists at 90% premium
Post listing, Nephro Care shares moved higher to Rs 179.55, and locked in 5 per cent upper circuit, quoting 99.50 per cent higher over the issue price on the NSE SME
Ganesh Green Bharat IPO opens today for bids; GMP, price, lot size here
Ganesh Green Bharat initial public offering (IPO) is set to open for subscription on Friday, July 5. The IPO aims to raise Rs 125.23 crores
 "Ganesh Green Bharat IPO opens today for bids; GMP, price, lot size here")
Bansal Wire Industries' IPO gets subscribed 5.72 times on Day 2 of offer
Bansal Wire Industries on Tuesday said it has collected over Rs 223 crore from anchor investors
Steel manufacturer Bansal Industries' IPO subscribed 1.76 times on Day 1
The quota for Retail Individual Investors (RIIs) got subscribed 2.47 times while the portion for non-institutional investors fetched 2.44 times subscription
Bain Capital-backed Emcure Pharma IPO fully subscribed on Day 1 of offer
The issue, with a price band of Rs 960 to Rs 1,008 per share, will be open for public subscription till July 5. The IPO comprises fresh issuance of equity shares worth Rs 800 crore
 "Bain Capital-backed Emcure Pharma IPO fully subscribed on Day 1 of offer")
