Latest Updates Around The World
PNGS Reva Diamond Jewelery has raised Rs 170.58 crore from anchor investors ahead of its IPO, which opens for public subscription on February 24. The company has allotted 44,19,200 shares at Rs 386 per share to anchor investors, according to a stock exchange filing.Key global institutions participating in the anchor round included Citigroup Global Markets […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 shares to 52 anchor investors at the top end of the price band of Rs 900 per share.The IPO opens for public subscription on Monday, February 9 and closes on […]
ICICI Prudential AMC’s IPO has generated one of the strongest demand signals in India’s primary markets. The Rs 10,600 crore IPO attracted bids worth nearly Rs 3 lakh crore from 55 lakh applications, making it the fourth largest subscription amount in the history of Indian IPOs.In comparison, Tata Capital’s IPO had received around 23.6 lakh […]
Shares of Urban Company fell nearly 6% intraday on Monday, hitting the day’s low of Rs 121.40 on the NSE as the three-month anchor lock-in ended today. This means that, according to Nuvama’s estimates, 41 million shares, accounting for 3% of the total shares outstanding, are now available for trading.The price action took place amid […]
ICICI Prudential AMC has raised Rs 3,022 crore from 148 investors across sovereign wealth funds, global asset managers, domestic insurers, pension funds, mutual funds and family offices ahead of its Rs 10,600-crore IPO.The participation pattern indicates broad institutional conviction ahead of the public issue, which runs from December 12 to 16 at a price range […]
Home and furniture company Wakefit Innovations Ltd has mobilized Rs 186 crore from three investors, Steadview Capital, WhiteOak Capital, InfoEdge and Temasek-backed Capital 2B, ahead of the initial opening of its share sale for public subscription.As part of the transaction, Steadview Capital Mauritius, WhiteOak Capital and Capital 2B jointly bought 95.57 lakh shares at Rs […]
Precision engineering company Aequs Limited on Tuesday raised Rs 414 crore from 33 anchor investors ahead of its initial public offering (IPO), which opens for bids on Wednesday, December 3. The company has allotted nearly 3.34 crore shares at the highest price band of Rs 124 per share to major investors including Blackrock and Mukul […]
Sudeep Pharma, a technology-focused maker of excipients and specialty ingredients used in pharmaceuticals, food and nutrition, has raised Rs 268 crore from a heavyweight roster of anchor investors, setting the tone for its Rs 895 crore IPO set to open on November 21.The company allotted 45.27 lakh shares of Rs 593 each to anchors, drawing […]
The buzz around Lenskart’s recent IPO has sparked sharp reactions and debates among investors and social media users. Deepak Shenoy, CEO of Capitalmind Asset Management, added perspective to the ongoing discussion and shared his views on the drama surrounding an IPO and the unpredictability of market behavior. Shenoy posted on social media platform So much […]
Tata Capital’s RS 15,512-Crore IPO, one of the largest public issues of the year, is open today for subscription. In the first hour of bidding, the issue was subscribed to 17%, with bids received for 5.58 Crore shares against the total range of 33.34 Crore shares. The IPO will remain open for three days and […]
