Page 16 - Latest Updates on IPO
NSE awaiting Sebi's green signal to begin IPO process, says MD Chauhan
The rival of NSE, BSE ( formerly Bombay Stock Exchange), launched its IPO in 2017 and is currently listed on the NSE
 "NSE awaiting Sebi's green signal to begin IPO process, says MD Chauhan")
NSE awaits Sebi's green signal to kickstart IPO process: CEO Chauhan
The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said
 "NSE awaits Sebi's green signal to kickstart IPO process: CEO Chauhan")
Airtel's subsidiary Bharti Hexacom's IPO subscribed 1.12x on day 2 of offer
Bharti Hexacom provides telecommunication services in Rajasthan and the Northeast
 "Airtel's subsidiary Bharti Hexacom's IPO subscribed 1.12x on day 2 of offer")
Telecom services provider Bharti Hexacom's IPO subscribed 34% on day 1
Bharti Hexacom, a subsidiary of Bharti Airtel, operates in the Rajasthan and the Northeast telecommunication circles
 "Telecom services provider Bharti Hexacom's IPO subscribed 34% on day 1")
'Tripling down on our India strategy,' says Jungle Ventures' Amit Anand
This includes partnering with founders to build high-growth, capital-efficient technology businesses, and supporting their growth from seed to unicorn, and IPO stage
 "'Tripling down on our India strategy,' says Jungle Ventures' Amit Anand")
Street Signs: DMart's stock surge, Tepid GMP and a IPO lull, more
If grey market activity is any indication, the subsidiary of Bharti Airtel could list at Rs 610, slightly above the initial public offering (IPO) price range of Rs 542-570
 "Street Signs: DMart's stock surge, Tepid GMP and a IPO lull, more")
Microsoft-backed data security startup Rubrik to file IPO papers next week
The company confidentially submitted its IPO plans to the US Securities and Exchange Commission earlier
 "Microsoft-backed data security startup Rubrik to file IPO papers next week")
FY24: A rewarding year for investors who put their money in IPOs
The S&P BSE IPO Index, a gauge tracking the after-listing performance of newly listed companies, has risen by 69 per cent in this financial year
 "FY24: A rewarding year for investors who put their money in IPOs")
Shapoorji Pallonji Group's Afcons Infra files papers for Rs 7,000-cr IPO
Moreover, the company may consider raising up to Rs 250 crore in the "pre-IPO placement" round. If such placement is completed, the fresh issue size will be reduced
 "Shapoorji Pallonji Group's Afcons Infra files papers for Rs 7,000-cr IPO")
Ecos (India) Mobility files draft paper with Sebi to mop up funds via IPO
At present, promoters and promoter group entities hold 100 per cent stake in the company
Co-working space provider BHIVE eyes IPO at issue size of Rs 500 cr by 2025
Backed by Blume Ventures, BHIVE expanded into the Mumbai-Pune region, securing office space at Adani's tower in BKC with an investment of Rs 25 crore
Trust Fintech SME IPO opens today: Check GMP, anchor issue & other details
Trust Fintech has raised Rs 18.05 crore from allocating nearly 1.8 million shares at Rs 101 to anchor investors ahead of the IPO
 "Trust Fintech SME IPO opens today: Check GMP, anchor issue & other details")
Street Signs: Shriram Finance and NTPC in spotlight, IPO blues, and more
According to IIFL Alternatives, Shriram Finance is expected to see inflows of nearly Rs 1,300 cr (over 3 days of volumes), while UPL could see outflows of over Rs 700 cr (nearly 5 days of volumes)
Reddit to make stock market debut today, prices IPO at $34/ share
The interest surrounding Reddit stems largely from a large audience that religiously visits the service to discuss a potpourri of subjects that range from silly memes to existential worries
 "Reddit to make stock market debut today, prices IPO at $34/ share")
Krystal Integrated Services lists at 11% premium over its issue price
At 10:01 am; Krystal was quoting at Rs 784.75, after hitting a low of Rs 764.65 on the BSE in intra-day trade. A combined 2.5 million equity shares changed hands on the NSE and BSE
 "Krystal Integrated Services lists at 11% premium over its issue price")
Domino's, Subway supplier Chatha Foods' SME IPO opens today: Check details
Of the total net proceeds, the company aims to use Rs 24.11 crore for setting up a manufacturing facility in Mohali and the remaining amount for general corporate purposes
 "Domino's, Subway supplier Chatha Foods' SME IPO opens today: Check details")
Birla AMC promoters to sell 11.47% to raise about Rs 1.4K crore
The Aditya Birla Group, which holds a 50 per cent stake in the AMC, will offload 5 per cent, while Sun Life, which has a 36.48 per cent, will sell the remaining 6.47 per cent stake in the OFS
 "Birla AMC promoters to sell 11.47% to raise about Rs 1.4K crore")
Baazar Style Retail files draft papers with Sebi to raise funds via IPO
The proposed IPO is a combination of a fresh issue of equity shares worth Rs 185 crore and an Offer for Sale (OFS) of up to 16.8 million by promoter group entities and other selling shareholders
Popular Vehicles' IPO gets subscribed 1.23 times on last day of bidding
The Rs 601.55 crore-IPO received bids for 1,77,74,350 shares against 1,44,15,110 shares on offer, as per NSE data
 "Popular Vehicles' IPO gets subscribed 1.23 times on last day of bidding")
Sebi board may ease IPO norms, approve same-day settlement framework
Exemption to certain FPIs from granular disclosures, passive funds from single co exposure also on anvil
 "Sebi board may ease IPO norms, approve same-day settlement framework")
