Page 5 - Latest Updates on IPO
822 IPOs globally aimed to raise $65bn till August; India tops APAC tally
Investors, the report suggests, are shifting towards larger, more valuable IPOs at the global level despite the reduced number of listings thus far in 2024
 "822 IPOs globally aimed to raise $65bn till August; India tops APAC tally")
SME IPO bet, aerial arts: Top personal finance stories of the week
What risks investors face when they back small and medium enterprises and how aerial art is becoming a popular fitness culture
 "SME IPO bet, aerial arts: Top personal finance stories of the week")
Swiggy files for IPO, aims to raise Rs 3,750 crore through fresh issue
Sources, however, added that the company may decide to upsize the fresh issue component by another Rs 5,000 crore, taking the total fresh issue component up to Rs 11,600 crore
 "Swiggy files for IPO, aims to raise Rs 3,750 crore through fresh issue")
Softbank-backed Swiggy files for IPO; aims to raise about Rs 3,750 crore
Swiggy's long-awaited public listing comes amid a booming IPO market, with 198 companies having raised $7.1 billion in the year to Sept.4, more than double the amount for the same period last year
 "Softbank-backed Swiggy files for IPO; aims to raise about Rs 3,750 crore")
Bourses call for better checks by merchant bankers on IPO-bound SMEs
Over 80 merchant bankers apprised about discrepancies, lack of background checks on firms
 "Bourses call for better checks by merchant bankers on IPO-bound SMEs")
Wow Momo plans to go public in 2 years, takes cues from Domino's for IPO
India's $5 billion fast-food sector has seen significant growth, driven by rising demand among low- and middle-income families
 "Wow Momo plans to go public in 2 years, takes cues from Domino's for IPO")
Rahul Dravid, Zaheer Khan, Karan Johar invest in Swiggy ahead of IPO launch
Swiggy previously secured investments from Bollywood stars like Madhuri Dixit and Amitabh Bachchan, along with entrepreneur Ritesh Malik, during its pre-IPO funding rounds
 "Rahul Dravid, Zaheer Khan, Karan Johar invest in Swiggy ahead of IPO launch")
Bajaj now third most valued finance group; overtakes State Bank of India
Bajaj Housing Finance, which more than doubled on listing day, added Rs 1.36 trillion to the group's mcap
 "Bajaj now third most valued finance group; overtakes State Bank of India")
Spice brand MTR's owner Orkla exploring IPO in 2025, says top executive
The company is looking to expand its play in the international market-with a focus on Gulf Cooperation Council (GCC) countries
 "Spice brand MTR's owner Orkla exploring IPO in 2025, says top executive")
NTPC Green Energy files draft papers for around Rs 10,000 crore IPO
Senior management of the company confirmed the development, but the spokesperson declined to comment
 "NTPC Green Energy files draft papers for around Rs 10,000 crore IPO")
Northern Arc Capital IPO got subscribed 9.98 times on Day 2 of offer
The quota for non-institutional investors received 21.71 times subscription while the Retail Individual Investors (RIIs) part got subscribed 10.82 times
 "Northern Arc Capital IPO got subscribed 9.98 times on Day 2 of offer")
Tata Sons rules out IPO plans despite push from shareholder SP group
Holding co prepays Rs 21,813 crore debt in FY 2024 to declassify itself as NBFC upper layer
 "Tata Sons rules out IPO plans despite push from shareholder SP group")
PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale
PMEA Solar IPO: The funds raised through the fresh issue will be allocated towards capital expenditure and debt repayment
 "PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale")
Western Carriers IPO gets subscribed 4.83 times on Day 2 of subscription
The Kolkata-based company's initial public offering (IPO) is available for subscription in the price range of Rs 163-172 per share
Northern Arc Capital IPO fully subscribed on Day 1, 2.86x oversubscribed
Northern Arc Capital on Friday said it has collected Rs 229 crore from anchor investors
Bajaj Housing Finance surges 2.4x on debut, adds Rs 79K cr in market value
BHF's strong debut follows strong demand for its shares during its Rs 6,560 crore IPO, which saw 67 times more demand than shares on offer and garnered record Rs 3.2 trillion worth of bids
 "Bajaj Housing Finance surges 2.4x on debut, adds Rs 79K cr in market value")
Fabtech Technologies files draft papers with Sebi to raise funds via IPO
The company may raise up to Rs 10 crore through the pre-IPO round. If such placement is completed, the fresh issue size will be reduced
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")
