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Source: Live Mint (Reuters) -Indian budget retailer Vishal Mega Mart’s 80-billion-rupee ($943 million) initial public offering (IPO) was fully subscribed on day two of bids, led by demand from non-institutional investors. The issue, which runs from Dec. 11-13, received bids for 835.5 million shares as of 1440 IST, compared to the 756.8 million shares on…
Source: Live Mint International Gemmological Institute Limited raised ₹1,900 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Thursday, December 12. The company has allocated 4,55,71,942 or 4.55 crore equity shares to the anchor investors at an allocation price of ₹417 per share, with a face…
Source: Live Mint Inventurus Knowledge Solutions Limited raised ₹1,120 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Wednesday, December 11. The company has allocated 84,28,730 or 84.28 lakh shares to the anchor investors at an allocation price of ₹1,329 per share, with a face value…
Source: Live Mint Sai Life Sciences Limited’s initial public offering (IPO), through a book-built issue, offers a combination of a fresh issue of equity shares amounting to ₹950 crore and an offer-for-sale (OFS) component of up to 3.81 crore equity shares. The ₹3,043 crore IPO opened for public subscription on Wednesday, December 11 and will…
Source: Live Mint The IPO consists of a fresh issue of shares worth ₹950 crore and an offer for sale (OFS) of 3.81 crore shares with a face value of Re 1 each, bringing the total issue size to ₹2,940-3,043 crore. The company plans to use 75% of the IPO proceeds to repay or prepay…
Source: Live Mint Nisus Finance Services IPO: After a stellar response to the initial public offer (IPO) of Nisus Finance Services, all eyes are now on the allotment process. Nisus Finance Services IPO closed with a robust subscription of 192.29 times at the end of the three-day bidding process on Friday, November 6. The issue…
Source: Live Mint New Delhi [India], December 8 (ANI) Fundraising via initial public offerings (IPO) in India is set for another landmark year this 2024, asserted S&P Global Market Intelligence in a report. Economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in 2024, the financial information and…
Source: Live Mint IPOs this week: The primary market is set to remain active next week, with five mainboard companies and six SME companies preparing to launch their initial public offerings (IPOs). Ranging from fintechs to supermarket chains, these mainboard IPOs are expected to collectively raise over ₹19,000 crore, reflecting strong investor interest across diverse…
Source: Live Mint Fintech company One Mobikwik Systems is set to launch its initial public offering (IPO) next week to raise ₹572 crore from the primary market. One Mobikwik Systems is a fintech platform providing services to customers and merchants. Mobikwik IPO will open for public subscription on Wednesday, December 11, and close on Friday,…
Source: Live Mint Ganesh Infraworld IPO: The allotment for the public issue that closed for subscription on 3 December 2024 is to be finalised soon. Here are steps to check status online, GMP as focus shifts to listing The Ganesh Infraworld IPO, which opened for subscription on November 29, 2024 and ended on December 3,…
