Latest Updates Around The World
Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission and Duroflex have received approval from the Securities and Exchange Board of India (Sebi) to go ahead with their initial public offerings (IPOs). All five companies received Sebi’s observation during the week. In IPO parlance, Sebi’s ‘observation’ refers to the regulator’s formal comments or approval […]
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 […]
After nearly four months of back-to-back public offerings that have helped Indian companies raise record capital in the primary market, the week ahead will be noticeably quieter. No new motherboard IPOs are planned, marking a brief pause in what has been one of the busiest listing cycles in recent years. Instead, three SME issues will […]
The Indian primary market is set for a quieter week, with just one initial public offering (IPO) from the mainboard’s Midwest. Meanwhile, three pending motherboards and three SME issues will complete their bidding process. The much-awaited listings of Tata Capital and LG Electronics are scheduled for Monday and Tuesday respectively, while eight other companies are […]
Even as foreign institutional investors (FIIs) flood Indian IPOs with billion-dollar bids, they don’t really make much money, says Samir Arora, founder and fund manager at Helios Capital Management. In a post on “It is pertinent to point out that when the FII quota is oversubscribed by a hundred times in an IPO, FII investors […]
