IPO News

At $125 billion valuation, IPO size set to be over $3 billion

Ambani's Jio Platforms is set to file for approval of its IPO in Mumbai as early as this week

Central Mine Planning IPO allotment today: Check share allocation status, latest GMP, and tentative listing date here

Temasek-backed Manipal Hospitals has filed its DRHP for a $1 billion-plus IPO, which could become the largest public issue in India's healthcare sector

Central Mine Planning IPO comprises a fresh issue of 107.1 million equity shares worth up to ₹1,842.12 crore

The share sale will include an offer by existing investors to sell as many as 43.23 million shares, representing a 3.66 per cent stake, alongside a fresh issue of shares worth ₹8,000 crore

Brokerages remain divided on the investment case for Amir Chand Jagdish Kumar (Exports), with some recommending subscription on the back of growth prospects, while others flag valuation and governance

Analysts at SBI Securities, and Ashika Institutional Equities have recommended subscribing to the issue for the long term, while those at Swastika Investmart have assigned an 'Avoid' rating

XED Institute may extend its IPO subscription window by three days amid weak demand and global uncertainty, with bids reaching only about 5 per cent so far.

Three issues - Powerica, Amir Chand Jagdish Kumar (Exports) and Sai Parenterals - are set to launch this week

The company proposes to utilise proceeds from the fresh issue to support its working capital requirements, purchase of construction vehicles and equipment, and for general corporate purposes

The IPO comprises a fresh issue of 1 crore equity shares and an offer for sale of 25 lakh equity shares

Ahead of its IPO, CMPDI raised ₹470 crore from anchor investors, allotting 27.3 million shares at ₹163-₹172 each on March 19.

GSP Crop Science set to debut on the bourses on Tuesday, March 24, while Central Mine Planning & Design Institute's IPO will close for bidding on the same day

Amir Chand Jagdsh Kumar has set the price band for its IPO in the range of ₹201 to ₹212 per share

Existing ‌investors State Bank of India and Amundi will sell ​203.7 million shares through ‌the "offer ​for ‌sale" route. SBI Funds ‌will not ‌issue new ​shares ​in the IPO

The unlisted shares of Central Mine Planning were trading almost flat at ₹175, up ₹3 or 1.7 per cent compared to the issue price of ₹172 per share, according to sources tracking unofficial markets

As per the circular, the state-owned firm allotted 2.73 crore equity shares to 22 funds at ₹172 per piece, aggregating the transaction size to ₹469.74 crore

Powerica and Sai Parenteral IPOs will open on March 24 amid mixed investor sentiment, while GSP Crop Science's ₹400-crore issue saw 1.61 times subscription

The IPO will be executed as a so-called "offer for sale" in India, three of the sources said, where only existing shareholders sell their shareholding to public