Latest Updates Around The World
Alphabet-backed Aye Finance has raised Rs 454 crore from major investors ahead of its IPO, which opens for public subscription on February 9, lending strong institutional backing to the NBFC, focused on micro-SME lending.The company informed the stock exchanges that it had allotted shares to investors at Rs 129 per share, the top end of […]
The primary market is set for a busy week, with six subscription IPOs scheduled between January 12 and 16, led by Amagi Media Labs, the only motherboard IPO scheduled during this period. The other five numbers concern SME listings. Apart from the new IPOs, five listings will be on investors’ radar, including that of Bharat […]
Market veteran Vijay Kedia said Friday that stock prices will eventually follow company fundamentals, pointing to the strong listing performance of Exato Technologies, an IPO pick from his portfolio that nearly doubled investor money in its debut.In a post on X, Kedia said that when fundamentals are strong, the market responds decisively. He highlighted that […]
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 […]
A slew of foreign and domestic institutions and family offices were among the 26 investors who participated in ICICI Prudential Asset Management’s pre-IPO share sale worth around Rs4,900 crore.Several major investors such as Abu Dhabi’s Lunate, Premji Invest, University of California, the estate of late Rakesh Jhunjhunwala, HCL Capital, 3P India managed by Prashant Jain, […]
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’s initial public offering (IPO) saw steady demand on its third and final bidding day as investors jumped in amid gray market chatter that hinted at only a modest IPO. As of 11.40 am on Tuesday, the SaaS company’s IPO had been subscribed a total of 1.40 times, receiving bids for shares of […]
Capillary Technologies India, whose initial public offering (IPO) will open for bids on Friday, November 14, has set the price range of Rs 549 – Rs 577 per equity share. The IPO is a combination of a fresh issue of shares worth Rs 345 crore and an offer for sale (OFS) under which selling shareholders […]
The primary market remains a red-hot one, with five IPOs, three in the mainboard and two in the SME segment, opening for subscription between November 11 and 14. Together, these offerings aim to raise more than Rs 10,000 crore, spanning sectors from education and clean energy to automotive technology and pharmaceuticals. Motherboard IPOs 1) PhysicsWallah […]
DSP Mutual Fund has clarified its decision to invest in Lenskart’s IPO following criticism on social media and several investors discussing the valuations. The fund house posted on social media platform However, given the questions and concerns on social media over the past 24 hours, we felt it was important to share clarity with our […]
