Page 11 - Latest Updates on IPO
Health insurer Niva Bupa files IPO papers to raise up to Rs 3,000 crore
It aims to use the proceeds from that sale to strengthen its balance sheet and for operating expenses
 "Health insurer Niva Bupa files IPO papers to raise up to Rs 3,000 crore")
Stock Market Highlights, July 1: Mid, SmallCap indices hit record highs; Sensex gains 443 pts
Stock market Highlights on Monday, July 1, 2024: Tech M, Bajaj Finance, Ultratech Cement, TCS, Infosys, JSW Steel, HUL, HDFC Bank, Tata Motors, ITC, ICICI Bank, Titan were the top gainers today
 "Stock Market Highlights, July 1: Mid, SmallCap indices hit record highs; Sensex gains 443 pts")
Street signs: Sensex, Nifty surge; Emcure IPO; Manufacturing funds gamble
Emcure Pharmaceuticals' shares are commanding a premium of over 25 per cent above their price band
 "Street signs: Sensex, Nifty surge; Emcure IPO; Manufacturing funds gamble")
Packaging equipment firm Mamata Machinery files IPO papers with Sebi
The company, in its draft papers filed on Friday, said that the objective of the initial share sale is to gain the advantages of listing the equity shares on the stock exchanges
Will have our cells in EVs by early 2025: Ola Electric's Bhavish Aggarwal
These cells would be manufactured from its newly set up Ola Gigafactory in Krishnagiri, Tamil Nadu
 "Will have our cells in EVs by early 2025: Ola Electric's Bhavish Aggarwal")
Luxury furniture brand Stanley Lifestyles gains 30% on trade debut
At the last close, Stanley Lifestyles was valued at nearly Rs 2,730 crore
Allied Blenders and Distillers IPO subscribed 23.5 times on concluding day
Allied Blenders & Distillers had an estimated market share in sales volume of 11.8 per cent in the Indian whisky market for FY23
Vraj Iron and Steel's Rs 171 cr IPO subscribed 16.9 times on Day 2 of offer
The initial share sale received bids for 10,37,65,824 shares against 61,38,462 shares on offer, as per NSE data
Ahead of IPO, Vraj Iron and Steel pockets Rs 51 cr from anchor investors
Vraj Iron and Steel has allotted 24,78,259 equity shares to six anchor investors at Rs 207 apiece, aggregating the transaction size to Rs 51.30 crore
 "Ahead of IPO, Vraj Iron and Steel pockets Rs 51 cr from anchor investors")
Officer's Choice whisky maker Allied Blenders' IPO subscribed 51% on Day 1
The Rs 1,500-crore initial share sale received bids for 2,01,69,680 shares against 3,93,71,669 shares on offer, as per NSE data
 "Officer's Choice whisky maker Allied Blenders' IPO subscribed 51% on Day 1")
Allied Blenders IPO opens: Is Officer's Choice whiskey maker worth bidding?
Allied Blenders & Distillers Ltd. raised Rs 449.10 crore from anchor investors on June 24. Top investors included Nippon Life India Trustee, JM Financial Mutual Fund, Jupiter India Fund
 "Allied Blenders IPO opens: Is Officer's Choice whiskey maker worth bidding?")
Why Hyundai is again eyeing IPO in India, 25 years after its failed attempt
Hyundai needs the money especially for EVs but it could have sold equity in the South Korean parent company, which is much bigger and already listed
 "Why Hyundai is again eyeing IPO in India, 25 years after its failed attempt")
Officer's Choice whisky maker Allied Blenders raises Rs 449 cr ahead of IPO
The company has allotted 1.6 crore equity shares to 17 funds at Rs 281 apiece, which is also the upper end of the price band
 "Officer's Choice whisky maker Allied Blenders raises Rs 449 cr ahead of IPO")
Fast fashion retailer Shein filed for London listing in early June: Report
The Chinese-founded company, was valued at $66 billion in a fundraising round last year
 "Fast fashion retailer Shein filed for London listing in early June: Report")
Best first half for IPOs in 17 years, 37 firms mop up nearly Rs 32k cr
Unlike the previous election years, bankers said there was more certainty regarding the outcome
 "Best first half for IPOs in 17 years, 37 firms mop up nearly Rs 32k cr")
Countdown begins: $12 billion pre-IPO shares set to escape lock-up
Release the fortune: Market observers predict surge in block deals as restrictions lift
 "Countdown begins: $12 billion pre-IPO shares set to escape lock-up")
Armee Infotech files draft papers to raise Rs 250 crore through IPO
Proceeds of the issue will be used to increase the working capital requirements of the company, payment of debt and general corporate purposes
 "Armee Infotech files draft papers to raise Rs 250 crore through IPO")
Managed this fundraise because of biz performance: Zepto CEO Aadit Palicha
We have been able to raise this round purely because of business performance. We are growing 140 per cent year-on-year, said Palicha
 "Managed this fundraise because of biz performance: Zepto CEO Aadit Palicha")
Warburg-backed Avanse Financial Services files for Rs 3,500-cr IPO
Avanse is the first education-focused NBFC looking to go public
Will the Indian stock market tank post the Hyundai IPO? What history suggests
Back home, out of the last seven big IPOs to hit the Dalal Street (D-Street) since 2007, the Sensex has lost ground five times post the stocks of these companies debuted at the exchanges
 "Will the Indian stock market tank post the Hyundai IPO? What history suggests")
