Latest Updates Around The World
The Indian market reversed early gains to close lower for a second straight session on Tuesday, with a pullback in the financial sector weighing on sentiment. Meanwhile, LG Electronics India, despite not being part of the indices, made a blockbuster debut, with a 50% premium to its issue price, the strongest market debut for a […]
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 […]
LG Electronics India has collected RS 3,475 Crore from Anker investors prior to his IPO, which will be opened on October 7. The company has assigned approximately 3.04 crore shares on RS 1,140 each. The issue is completely an OFS of 10.18 crore shares with a size of RS 11,607 Crore. Among the tent funds […]
The long-awaited RS 15,000-crore IPO from LG Electronics India will be opened on 7 October for subscription, according to the Red Herring Prospectus (RHP). The issue, which will be fully an offer for sale of 10.18 crore shares of the Korean parent, will be closed on 9 October. The price band for the IPO will […]
Mumbai: The Indian market regulator speeds up the approvals of initial public offers (IPOs) and encourages an already strong pipeline of stock sales that could reach a record this year, according to sources for legal and investment banking. The Securities and Exchange Board of India (Sebi) will try to approve a majority of the IPOs […]
