Page 9 - Latest Updates on IPO
FirstCry IPO subscribed 12 times; Ceigall India slips on stock market debut
FirstCry will use the IPO proceeds to set up new stores, lease payments for its existing stores, invest in its subsidiary for its overseas expansion, and pay technology costs, among others
 "FirstCry IPO subscribed 12 times; Ceigall India slips on stock market debut")
FirstCry's parent Brainbees Solutions IPO subscribed 11% on Day 1 of offer
The public issue of Pune-based Brainbees Solutions consists of a fresh issue of equity shares valued at Rs 1,666 crore and an OFS (offer for sale) component of up to 5.44 crore shares
 "FirstCry's parent Brainbees Solutions IPO subscribed 11% on Day 1 of offer")
Ceigall India's IPO subscribed 13.75 times on last day of share sale
The Rs 1,252.66-crore initial share sale received bids for 30,68,91,912 shares against 2,23,13,663 shares on offer, as per NSE data
 "Ceigall India's IPO subscribed 13.75 times on last day of share sale")
Bajaj Housing Finance, four others get Sebi's approval to go public
Sebi has also issued the observation letter or approval to IPOs of four other companies, including Rekha Rakesh Jhunjhunwala-backed Baazar Style Retail
Ola Electric IPO fully subscribed on Day 2, retail portion booked 3 times
The electric two-wheeler maker has already allotted 364 million shares - worth Rs 2,763 crore - to anchor investors at Rs 76 apiece, the top end of the price band
 "Ola Electric IPO fully subscribed on Day 2, retail portion booked 3 times")
Baazar Style Retail raises Rs 37 cr from Volrado Partners in pre-IPO round
With this, the IPO-bound company's fresh issue size has been reduced to Rs 148 crore, from Rs 185 crore earlier
Street signs: Rs 12,000 crore IPO gauntlet, regulatory quake, and more
The Securities and Exchange Board of India's proposed tightening of derivatives trading rules is expected to have a profound impact on stock exchanges
 "Street signs: Rs 12,000 crore IPO gauntlet, regulatory quake, and more")
Infra company Ceigall India's IPO subscribed 61% on Day 1 of offer
The Rs 1,252.66-crore initial share sale received bids for 1,35,07,627 shares against 2,23,13,663 shares on offer, as per the NSE data
FirstCry IPO to open on Tuesday; sets price band at Rs 440-465 per share
The IPO comprises a fresh fund raise worth Rs 1,666 crore and a secondary share sale worth Rs 2,528 crore
 "FirstCry IPO to open on Tuesday; sets price band at Rs 440-465 per share")
Hero FinCorp files for Rs 3,668 crore IPO; Akums IPO subscribed over 50x
Among the selling shareholders for Hero FinCorp are AHVF II Holdings (Apollo Management), Apis Growth, Link Investment Trust, and Otter
 "Hero FinCorp files for Rs 3,668 crore IPO; Akums IPO subscribed over 50x")
Ceigall India IPO opens today: GMP up; should you bid? Brokerage calls here
The three-day subscription window of the Ceigall India IPO opens today. Should You Subscribe to the public issue? Here's what brokerages recommend
 "Ceigall India IPO opens today: GMP up; should you bid? Brokerage calls here")
FirstCry to raise $501 million in IPO, targets valuation of $2.9 billion
It said it will use the proceeds from the offering to fund acquisitions, international expansion and set up new stores
 "FirstCry to raise $501 million in IPO, targets valuation of $2.9 billion")
Ceigall India collects Rs 375 cr from anchor investors ahead of IPO
The initial public offering (IPO), with a price band of Rs 380 to Rs 401 per share, will open for subscription on August 1 and conclude on August 5
Sebi returns IPO documents of Vishal Mega Mart, Avanse Fin, and 2 others
Vishal Mega Mart, on July 12, took the confidential filing route to submit its draft papers with the markets regulator
 "Sebi returns IPO documents of Vishal Mega Mart, Avanse Fin, and 2 others")
Electric 2W player Ola Electric sets IPO price band at Rs 72-76 per share
Volume growth, vertical integration would be the main pillars for improving its margins, founder and CEO Bhavish Aggarwal told reporters on Monday
 "Electric 2W player Ola Electric sets IPO price band at Rs 72-76 per share")
In future, we will have a few more listings from group: Ola Electric CEO
He believes this IPO is a key step in the company's long-term plan
 "In future, we will have a few more listings from group: Ola Electric CEO")
Unicommerce records 16% growth in order volume during mid-year online sales
The company said that volume growth was accompanied by an upward trend in gross merchandise value, which grew 19 per cent year-on-year in 2024, over 2023
 "Unicommerce records 16% growth in order volume during mid-year online sales")
Ola Electric's IPO price out! How does it stack up against listed peers?
According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic 2W registrations in FY24 to 41-56 per cent of domestic 2W sales volume by FY28
 "Ola Electric's IPO price out! How does it stack up against listed peers?")
Bhavish Aggarwal's Ola Electric IPO worth Rs 5,500 cr to open on August 2
Ola Electric IPO price band to be announced on Monday
 "Bhavish Aggarwal's Ola Electric IPO worth Rs 5,500 cr to open on August 2")
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")
