IPO calendar: 3 issues worth Rs 3,871 crore to open next week as Fractal and Aye Finance hit the market

India’s primary market is set for an active week, with three companies looking to raise a cumulative Rs 3,871 crore through initial public offerings taking place between February 9 and 16. The spotlight will be firmly on two mainboard issues: Fractal Analytics and Aye Finance, which together account for the bulk of the fundraising.Fractal Analytics […]

NSE IPO likely within 7-8 months; no new issue, sale of 4-4.5% shares through OFS: Ashish Chauhan

The National Stock Exchange’s (NSE) initial public offering (IPO) is likely to hit domestic primary markets in the next seven to eight months, with India’s largest stock exchange expected to transfer 4 to 4.5% of its equity through existing shareholders, ET Now reported, quoting Managing Director and CEO Ashish Kumar Chauhan. He clarified that NSE […]

IPO of Rs 1071 crore gets bids of Rs 1.1 lakh crore: Bharat Coking Coal creates history with 90 lakh applications

Bharat Coking Coal’s IPO has seen one of the strongest subscription responses seen in India’s primary market in recent years, with bids worth over Rs 1.1 lakh crore swamping an issue size of just Rs 1,071 crore. Data from the exchanges shows that investors bid for 50,93,16,75,600 shares at the highest price band of Rs […]