The FinTech Hub
Source: Live Mint The primary market will pause with no new IPOs launching next week. However, as many as eight listings, including Waaree Energies, Deepak Builders, and Godavari Biorefineries, are set to energize the market during Diwali week. The near-term IPO pipeline appears promising, with 26 companies poised to raise ₹72,000 crore, pending SEBI approval….
Source: Live Mint Godavari Biorefineries Limited’s initial public offering (IPO) was subscribed 1.83 times on the third and final day of the bidding process, as investors bid for 2.06 crore shares compared to 1.12 crore shares available. The book build issue combines a fresh issue and an Offer for Sale (OFS). The IPO opened for…
Source: Live Mint Godavari Biorefineries initial public offering (IPO) witnessed a slow start on October 23, the first day of bidding. Godavari Biorefineries IPO was subscribed 27% on first day. According to subscription data from the exchanges, retail investors subscribed 48 percent, while non-institutional investors portion was subscribed 12 percent. Qualified institutional buyers portion remained…
Source: Live Mint Godavari Biorefineries IPO: The initial public offering (IPO) of ethanol-based chemical manufacturer Godavari Biorefineries hit the Indian primary market on Wednesday, October 23. The ₹555 crore book-built issue, which combines a fresh issue of 92 lakh shares and an offer for sale (OFS) of 65 lakh shares, will close on Friday, October…
Source: Live Mint Godavari Biorefineries Ltd, a producer of ethanol and bio-based chemicals, on Tuesday raised over ₹166 crore from anchor investors, ahead of its initial public offering (IPO) set to open for public subscription. Notable participants in the anchor round included HDFC Mutual Fund, Whiteoak Capital Fund, Goldman Sachs (Singapore) Pte Ltd, Societe General,…
Source: Live Mint The initial public offer (IPO) of Godavari Biorefineries is set to hit the primary market on Wednesday, October 23. The company is looking to raise ₹554.75 crore via the three-day share sale. Godavari Biorefineries IPO is a mix of fresh issue and an offer for sale (OFS). The company is a major…
Source: Live Mint The primary market is all set to remain in action with opening of four new public issues of Waaree Energies, Deepak Buidlers, Afcons Infrastructure and Godavari among in the mainboard segment. Additionally, the market will witness the listings of Hyundai India and two other IPOs next week. “India’s primary market is on…
Source: Live Mint Godavari Biorefineries IPO: Godavari Biorefineries has fixed the price band for its upcoming initial public offering (IPO), which is slated to open for subscription on October 23, in the range of ₹334 to ₹352 apiece. Godavari Biorefineries IPO will close for subscription on October 25. The anchor investment date is fixed as…
