The FinTech Hub
Source: Live Mint Zinka Logistics IPO: Early investors in Zinka Logistics stand to make multibagger returns of up to 1,370 per cent as the shares of the recently concluded public offer are set to list on the bourses tomorrow (Friday). Zinka Logistics’ initial public offer (IPO), which was open for subscription from 13 November to…
Source: Live Mint Upcoming IPO: Saatvik Green Energy has filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). According to the DRHP documents, filed on Monday, November 18, Saatvik Green Energy is looking to raise up to ₹1,150 crore via…
Source: Live Mint IPO buzz fizzling out: Despite the ongoing excitement surrounding initial public offerings (IPOs), a sense of fatigue appears to be creeping into the IPO market recently. So far in November, Afcons Infrastructure Ltd (2.6x), Sagility India Ltd (3.2x), Swiggy Ltd (3.6x), ACME Solar Holdings Ltd (2.8x), and Niva Bupa Health Insurance Company…
Source: Live Mint Sagility India, the healthcare service provider firm, on Monday, said that it has raised around ₹945.4 crore from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company’s exchange filing. As per the exchange filing, the company has allocated 31,51,34,668 or 31.51 crore equity…
Source: Live Mint The primary market is set to see significant activity beginning November 4, with four mainboard IPOs, including the anticipated Swiggy IPO, scheduled to launch on Dalal Street. Additionally, the SME segment will have one IPO opening next week. In October, the Indian stock market faced a substantial sell-off, with the Nifty 50…
Source: Live Mint Share market today: In a recent conversation with Mint, Aamar Deo Singh, Senior Vice President of Research at Angel One Ltd, emphasized that Samvat 2081 holds promise overall, yet volatility will persist due to the current state of the global economy and geopolitical tensions. Significant market swings, which offer both opportunities and…
Source: Live Mint Following Diwali 2023, around 12 initial public offerings (IPOs) have consistently held higher premiums from their listing gains, with each one surpassing 100%. Leading this group is the Indian Renewable Energy Development Agency Ltd (IREDA), followed by Motisons Jewellers Ltd, DOMS Industries Ltd, among others. After Diwali 2023, there have been approximately…
Source: Live Mint Large multinational corporations (MNCs) are keen to explore initial public offerings (IPOs) in India despite Hyundai Motor India’s muted public-market debut on Tuesday, according to Rahul Saraf, India head of investment banking at Citi, which counts many such companies among its clients. “I think they’re actually encouraged by the listing of Hyundai…
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: Business Standard 3 min read Last Updated : Oct 11 2024 | 5:48 PM IST The Securities and Exchange Board of India (Sebi) has intervened in the matter concerning alleged irregularities by Trafiksol ITS Technologies, which launched a Rs 45-crore initial public offering (IPO) on BSE’s small and medium enterprise (SME) platform last…
