Latest Updates Around The World
Securities and Exchange Board of India (Sebi) has given the go-ahead to ICICI Prudential Asset Management Company, Powerica, Annu Projects and Technocraft Ventures to launch their initial public offering (IPO).While ICICI Prudential AMC and Powerica received Sebi sightings on November 26 (Wednesday), Annu and Technocraft received them on November 17 and 25 respectively. In stock […]
The IPO momentum shows no signs of slowing down as another 20 companies, including ICICI Prudential AMC, Meesho and Juniper Green Energy, prepare to launch their public offerings that could collectively raise nearly Rs 40,000 crore in the next two months, investment bankers said.This robust pipeline will add prominent names such as artificial intelligence company […]
ICICI Prudential Asset Management Company will launch its $1.2 billion initial public offering in the second week of December, two sources said on Thursday. This makes India’s second-largest asset manager the latest in a long list of companies to go public this year.The fund house, which had filed for an initial public offering in July, […]
Sudeep Pharma’s Rs 895 crore IPO has entered its second day of bidding. On Day 1, the issue was already oversubscribed, receiving subscriptions of 1.42 times the number of shares on offer, with bids for shares of 1.50 crore against the available 1.05 crore. On the gray market, the IPO is trading at a premium […]
Sudeep Pharma’s Rs 895-crore IPO opens for subscription today after a strong anchor reaction and rising premiums in the gray market, paving the way for one of the most-watched specialty ingredient lists of the year. The company on Wednesday raised Rs 268 crore from top anchor investors, allotting 45.27 lakh shares at a price of […]
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 […]
Capillary Technologies India has raised Rs 394 crore from a group of anchor investors ahead of its initial public offering (IPO), which opens for subscription on Friday, November 14. Ravi Dharamshi-backed Valuequest, French asset management firm Amundi and HSBC are some of the major investors who have received the allocations.The software product company allotted 68.28 […]
Edtech major PhysicsWallah has mobilized Rs 1,563 crore from 57 anchor investors ahead of its Rs 3,480 crore IPO, which opens for public subscription on Tuesday. The company allotted 14.33 crore shares at the top end of the price band of Rs 109 per share, according to data filed with the BSE.The strong anchor reaction […]
Utkarsh Small Finance Bank plans to allot shares to a group of investors, including a fund house run by Madhusudan Kela, the Massachusetts Institute of Technology and HDFC Life, through a rights issue of Rs 949 crore, the lender said on Friday. The other investors include FLC Investco, Kotak Mahindra Life Insurance and ICICI Prudential […]
Major domestic financial institutions, including mutual funds, insurance companies and pension funds, on Tuesday subscribed to Bharti Telecom’s twin bond issue worth Rs 10,500 crore, the largest issuance in the domestic market so far this fiscal. The parent of India’s second largest mobile network, Airtel, raised an identical Rs 5,250 crore through two bonds, a […]
