Svatantra Microfin files draft papers for Rs 3,000 crore IPOSvatantra Microfin has submitted a proposal seeking approval for a ₹3,000 crore initial public offering (IPO). The plan includes a fresh is...
Shiprocket IPO ends day 3 with 99.3x subscription on strong QIB push. Check GMP & other detailsShiprocket’s IPO was subscribed 99.31 times, led by strong institutional demand, with QIBs subscribing 122.8 times. The Rs 1,617.59 crore i...
Ananya Birla-promoted Svatantra Microfin files for Rs 3,000 crore IPOSvatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...
LEAP India shares fall 12% post-listing, slip below IPO price. What should investors do?LEAP India shares dropped from their listing price, slipping below the IPO issue price after a modest debut. While analysts highlight the c...
Zetwerk’s promoters have pledged nearly a third of their combined stake, IPO prospectus showsFounders Srinath Ramakkrushnan and Amrit Acharya have pledged 1.85% of the company's equity directly.
Zetwerk files updated IPO papers with Sebi; plans to raise Rs 2,600-cr via fresh issueZetwerk Manufacturing Business Ltd has updated its IPO papers to initiate a substantial Rs 2,600 crore offering. The funds raised are earma...
Rupee ends modestly higher on RBI interventionOn Wednesday, the Indian rupee experienced a modest increase, managing to withstand the upward pressure of crude oil prices. Support from t...
Milky Mist Dairy Food IPO Day 2: Dairy firm's Rs 1,553 crore IPO gets fully subscribed. Check latest GMPMilky Mist Dairy Food IPO was fully subscribed on Day 2, with strong retail and NII demand. The GMP rose to over 17%, while Anand Rathi gav...
Tablespace technologies files draft papers with Sebi to raise funds through IPOTablespace Technologies has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to ₹800 crore and an OFS. The managed worksp...
Lalithaa Jewellery Mart IPO price band fixed at Rs 190-201 for Rs 1,700 crore IPO; issue opens on August 17Lalithaa Jewellery Mart has set the price band for its Rs 1,700-crore IPO at Rs 190-201 per share. The issue comprises a Rs 1,200-crore fre...
LIC's OFS discount looks tempting, but triggers don'tAnalysts hold differing views on retail investor interest in LIC's offer for sale. The government is divesting a stake to meet minimum publ...
LIC shares fall after India’s largest OFS closes with oversubscription on both daysThe government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option...
SoftBank-backed OfBusiness is said to explore reviving IPOBeyond SoftBank, backers also include Tiger Global Management, Norwest Venture Partners, Matrix Partners, and Falcon Edge Capital, accordin...
SoftBank-backed OfBusiness revives IPO plans, eyes up to $800 million issueSoftBank-backed OfBusiness is reviving its IPO plans, aiming to raise up to $800 million through a mix of fresh issue and offer for sale am...
LIC OFS opens for retail investors: Should you apply in insurance behemoth's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer...
LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...