Page 6 - Latest Updates on IPO
Mutual funds betting big on recently listed and new-age companies
PB Fintech and Delhivery were also among the top 15 most bought stocks, as per an analysis by Nuvama Alternative & Quantitative Research
 "Mutual funds betting big on recently listed and new-age companies")
Northern Arc Capital gets Rs 229 cr from anchor investors ahead of IPO
According to a circular uploaded on BSE's website, the company has allotted 8.702 mn equity shares to 15 funds at Rs 263 apiece, which is also the upper end of the price band
 "Northern Arc Capital gets Rs 229 cr from anchor investors ahead of IPO")
IPOs next week: Bajaj Housing among 14 listings; 5 new offers on radar
The upcoming week is packed with opportunities for investors, starting with the initial public offerings of Arkade Developers, and Northern Arc Capital
 "IPOs next week: Bajaj Housing among 14 listings; 5 new offers on radar")
Liquidity galore in markets: Spotlight on IPOs in trillion-bid club
Bajaj Housing Finance IPO highlights history's highest-bid public offerings
 "Liquidity galore in markets: Spotlight on IPOs in trillion-bid club")
Bajaj Housing IPO sees record-breaking demand, garners 9 mn applications
Public offer gets subscribed over 67x, cumulative bids exceed Rs 3.24 trillion
 "Bajaj Housing IPO sees record-breaking demand, garners 9 mn applications")
Burma Burma plans IPO by 2027, aims for Rs 300 crore revenue before listing
Burma Burma is also eyeing international markets for expansion, with a focus on the United Arab Emirates (UAE) and the United Kingdom (UK)
 "Burma Burma plans IPO by 2027, aims for Rs 300 crore revenue before listing")
Shriram Group to list general insurance arm first, both IPOs in two years
Shriram Group and South African financial services giant Sanlam jointly own Shriram Life Insurance and Shriram General Insurance
 "Shriram Group to list general insurance arm first, both IPOs in two years")
Blackstone prepares to take two firms public amid buoyant markets
PE/VC majors have raised Rs 8,059 cr this year by offloading stakes in IPOs
 "Blackstone prepares to take two firms public amid buoyant markets")
Swiggy plans to raise Rs 5,000 crore via fresh issue in upcoming IPO
The Bengaluru-based company had already targeted Rs 6,664 crore through an offer for sale (OFS)
 "Swiggy plans to raise Rs 5,000 crore via fresh issue in upcoming IPO")
After Ola Electric, e-scooter maker Ather Energy files for $536 million IPO
The IPO is the latest in India's booming stock market that has attracted about 200 companies to raise more than $7 billion through IPOs so far this year, per LSEG data
 "After Ola Electric, e-scooter maker Ather Energy files for $536 million IPO")
Bajaj Housing Finance's $782 mn float kicks off busy week for Indian IPOs
This week alone, IPOs of 16 companies open for subscription, including Bajaj Housing Finance's smaller peer Sammaan Capital
 "Bajaj Housing Finance's $782 mn float kicks off busy week for Indian IPOs")
Street signs: 10 IPOs raised Rs 17,110 cr, bullfight of exchanges, and more
NSE celebrates 30 years of operations, it recently unveiled sculptures of a bull and human figures on its campus
 "Street signs: 10 IPOs raised Rs 17,110 cr, bullfight of exchanges, and more")
Swiggy reports Rs 33 crore fraud by ex-employee, files legal complaint
The IPO-bound company engaged an external team to investigate the and filed a legal complaint against the former junior employee for embezzling money
 "Swiggy reports Rs 33 crore fraud by ex-employee, files legal complaint")
Food aggregator Swiggy strengthens top deck ahead of upcoming IPO
This comes at a time when competition is intensifying in the rapidly growing quick commerce space
Primary driver: How average listing gains are pushing IPO subscriptions
Retail investors would be well advised to approach the market with caution and the exchanges must ensure that only quality issues make it to the market
 "Primary driver: How average listing gains are pushing IPO subscriptions")
Premier Energies gains 86% on trading debut; Nifty gains for a 14th day
The benchmark Nifty's winning run continued, with the 50-share index managing to eke out just a 1.15-point gain on Tuesday to end at 25,280
 "Premier Energies gains 86% on trading debut; Nifty gains for a 14th day")
ECOS Mobility IPO GMP surges 40%; experts eye double digit listing gains
ECOS (India) Mobility & Hospitality shares are slated to make their debut on the bourses tomorrow, Wednesday, September 4, 2024. Check listing price prediction here
 "ECOS Mobility IPO GMP surges 40%; experts eye double digit listing gains")
Bajaj Housing Finance targets nearly $7 bn valuation through $782 mn IPO
As of Aug. 28, about 200 companies have raised $7.11 billion through IPOs this year, more than double in the same period last year, according to LSEG data
 "Bajaj Housing Finance targets nearly $7 bn valuation through $782 mn IPO")
SK Finance gets IPO approval; Baazar Style booked 4.64x on second day
IPO of Gala Precision Engineering got fully subscribed within minutes of opening for bidding
 "SK Finance gets IPO approval; Baazar Style booked 4.64x on second day")
Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details
The company will offer a fresh issuance of up to 36,94,000 equity shares with a face value of Rs 10 apiece through the book-building route
 "Lights, Camera, IPO: VFX firm Identical Brains Studios files DRHP; details")
