Figma priced its initial public offering at $33 a share on Wednesday, above the expected range of $30 to $32 and stunned the Wall Street. T...

Figma reported higher revenue and profit for early 2025 as it readies a NYSE IPO, over a year after its $20 billion sale to Adobe was scrap...

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Large institutional investors and funds have traditionally been the first in line for allocations on IPOs, as well as the investment banks ...

‘We have to soft land the fundraising in a volatile market’

Qualified institutional placements (QIPs) have witnessed a rebound in the year so far.

The IPO received bids for 1,22,10,47,920 shares as against the total issue size of 8,34,96,347.

The IPO received bids for 9,74,87,160 shares as against the total issue size of 8,34,96,347, data showed.

Investors bade for 4,22,90,520 shares against the total issue size of 8,34,96,347 shares.

Brokerage Centrum Wealth Research has subscribe rating on the issue.

The bank would also offer fresh issue of 9.76 crore shares to the public.

Sale will be a combination of up to 9.76 crore fresh equity shares and an offer for sale of up to 1.40 crore shares.

The equity shares are proposed to be listed on BSE and NSE.

It started operations on August 23, 2015, and RBI mandated it to go public within three years.

The IPO will consist of a fresh issue of up to 97,663,910 equity shares.