Page 2 - Tech Ipos
Surprise corporate actions by Indian tech darlings spur investor scrutiny
Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare
 "Surprise corporate actions by Indian tech darlings spur investor scrutiny")
Tracxn Technologies IPO: High attrition, losses keep analysts apprehensive
Tracxn Technologies IPO review: Attrition continues to remain at elevated levels. The company's bottom-line performance has been disappointing in the last three years. It turned profit positive in Q1
 "Tracxn Technologies IPO: High attrition, losses keep analysts apprehensive")
Tech companies likely to lead primary market revival in India: HSBC
Thus far in calendar year 2022, Indian companies have raised over 40,000 crore from the primary markets via the IPO route, data from PRIME Database showed.
 "Tech companies likely to lead primary market revival in India: HSBC")
Syrma SGS Technology to come out with IPO worth Rs 840 crore on Friday
Electronic manufacturing services firm Syrma SGS Technology on Monday said it will come out with Rs 840-crore initial share sale on August 12, which will end 2-and-a-half months of gap in IPO market.
 "Syrma SGS Technology to come out with IPO worth Rs 840 crore on Friday")
Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?
Analysts remain mixed over the Gurgaon-based logistics firm Delhivery due to volatile market conditions and loss-making nature of the company.
 "Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?")
We expect constructive environment for IPOs in 2nd half of FY23: Nomura
India's capital market fundraising will remain robust in the next six to 12 months as companies such as LIC are still looking to list, Nomura's Amit Thawani said
 "We expect constructive environment for IPOs in 2nd half of FY23: Nomura")
Paytm CEO will get stock grants once market cap recovers to IPO levels
'We should be operating Ebitda-break-even in the next six quarters, well ahead of estimates by most analysts,' Vijay Shekhar Sharma wrote
 "Paytm CEO will get stock grants once market cap recovers to IPO levels")
Over half the stocks that debuted in FY22 trade below listing-day close
Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup
 "Over half the stocks that debuted in FY22 trade below listing-day close")
India's IPO mania gets reality check, start-ups defer public debut
Investors sour on new tech offerings after calamitous listing of Paytm and the battering received by Zomato, Nykaa.
 "India's IPO mania gets reality check, start-ups defer public debut")
China halts several IPO plans as it investigates underwriter, law firm
Exchange disclosures showed 12 plans in Shanghai's tech-heavy STAR Market and 48 in Shenzhen's start-up market ChiNext were suspended
Top Headlines: Govt alerts states on Omicron; MFs' foreign holdings balloon
Business Standard brings you the top headlines at this hour.
 "Top Headlines: Govt alerts states on Omicron; MFs' foreign holdings balloon")
RateGain Travel Technologies IPO: Brokerages recommend to 'Subscribe'
The IPO will be open for subscription from December 07 to December 09, in the price band of Rs 405 to Rs 425
 "RateGain Travel Technologies IPO: Brokerages recommend to 'Subscribe'")
Startup season: Online medical store PharmEasy targets $842 mn IPO
The company provides health services ranging from teleconsultation to radiology tests to home delivery of medical products and devices.
Markets Today: Primary market buzzing with action. What to track?
The action has shifted to the primary market now. The Nykaa IPO will open for subscription today. What factors are likely to keep traders and investors busy today?
 "Markets Today: Primary market buzzing with action. What to track?")
ESDS Software files draft papers with Sebi; aims to raise Rs 1,300 crore
Cloud services and data centre firm ESDS Software Solution has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,200-1,300 crore through an initial share sale
 "ESDS Software files draft papers with Sebi; aims to raise Rs 1,300 crore")
Homegrown firm MapmyIndia files draft papers for IPO with Sebi
MapmyIndia, which powers Apple maps in India, has filed draft papers with the domestic market regulator for an initial public offering
 "Homegrown firm MapmyIndia files draft papers for IPO with Sebi")
CarTrade Tech makes tepid market debut; tumbles 7% at close of trade
CarTrade Tech's initial public offering (IPO) was subscribed 20.29 times
 "CarTrade Tech makes tepid market debut; tumbles 7% at close of trade")
An $8.8 bn IPO wave sweeps across India as investors bet on startups
The catalyst, in a word, is Zomato Ltd. The food-delivery startup went public in July
 "An $8.8 bn IPO wave sweeps across India as investors bet on startups")
TikTok owner ByteDance eyes Hong Kong IPO by early 2022: Report
ByteDance is going through a review process and has submitted filings to Chinese authorities, and final guidance is expected from ByteDance by September
 "TikTok owner ByteDance eyes Hong Kong IPO by early 2022: Report")
Paytm files for India's largest IPO, eyes $25 bn-$30 bn valuation
Digital payments major to raise Rs 8,300 cr fresh capital; Vijay Shekhar Sharma, SoftBank, SAIF to divest
 "Paytm files for India's largest IPO, eyes $25 bn-$30 bn valuation")
