The FinTech Hub
Source: Live Mint Hyundai Motor India IPO: The much-anticipated Hyundai Motor India IPO is open for subscription and has been receiving slow response from investors. The public issue has garnered mixed reactions from investors and has sparked widespread discussions about the valuations and the issue being fully an offer for sale (OFS) by the South…
Source: Live Mint IPO buzz: 18 out of the top 30 initial public offerings (IPOs) by size did not yield excess returns compared to the returns from the Nifty 500 index, said Bengaluru-based Capitalmind Financial Services’s in its recent report. A study on IPOs was carried out by the Bengaluru-based wealth management firm, which is…
Source: Live Mint Bajaj Housing Finance IPO’s record-breaking subscription presents a more concerning scenario compared to the ₹12-crore IPO of Resourceful Automobile, an SME company, which attracted bids worth ₹4,800 crore. The ₹6,560-crore IPO of Bajaj Housing Finance set a new record, with subscriptions exceeding ₹3 lakh crore. The IPO was oversubscribed 63.61 times, receiving…
