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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…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 27 2024 | 12:10 PM IST Primary market, it seems, is not only luring investors back home but also globally. A recent report by GlobalData, a London-based data analytics firm suggests that 822 Initial Public Offers (IPO) aimed to raise $65…
Source: Live Mint Manba Finance IPO: The initial public offering (IPO) of Manba Finance Ltd opened on September 23 and has been receiving strong demand. The bidding period for the ₹150.84-crore worth Manba Finance IPO ends today as the last day of the subscription period is September 25. Manba Finance is a non-banking finance company…
Source: Live Mint Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available….
Source: Live Mint “Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes the by-product of the activities of a casino, the job is likely to be ill done,”…
Source: Live Mint Ganesh Chaturthi 2024: As we kick off the festive season of 2024 with Ganesh Chaturthi, reflecting on the Initial Public Offering (IPO) market reveals some astounding numbers. In essence, IPOs have become the talk of the town following the record highs of Nifty 50 and Sensex, capturing attention not only in the…
