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Aether Industries is a speciality chemicals manufacturer focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and tech core competencies
LIC IPO: The government plans to list LIC, which is held to be the country's largest listing, in the last quarter this financial year
Shares fell 1.5 per cent after the cut to market perform from outperform. The stock is on track for its sixth negative session of the past seven, though it remains up over 30 per cent this year
Listing may spill over into FY23 as geopolitical tensions roil markets
The food company has almost tripled since its debut while most newcomers are trading under water
None of the three investor categories completes quota, with HNI interest being the dullest at 16%
Digit has appointed Morgan Stanley and Indian investment bank ICICI Securities as bookrunners for the deal
Through the IPO, Venus Pipes raised Rs 165.4 crore in fresh capital
OYO's move to launch the IPO after the September quarter is mainly driven by the expectation of improvement in its financial performance and the current volatile nature of the market
Delhivery is set to list on Tuesday after an initial public offering (IPO) that raised Rs 5,235 crore ($684 million) - India's second-largest this year after LIC's milestone deal
The IPO comprises Rs 200 crore fresh fund raise and Rs 213 crore secondary share sale.
Retail investor portion subscribed 82%, HNI was covered 1.48x and institutional investor category received 1.06x subscription
The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing
The retail investor portion of the issue was subscribed 1.37 times, HNI portion was covered 82% and institutional investor category saw three times subscription
Proceeds from the fresh issuance will be used to fund the speciality chemicals company's capex requirements for the proposed new project in Surat, fund working capital requirements and to pay debt
Retail investor portion subscribed 91%, HNI 20%; institutional investor category received negligible bids
Proceeds from the fresh issuance will be utilised for repayment of debt, funding working capital requirements, opening new stores and general corporate purposes
The airline plans to increase daily flights, add 10 new aircraft by March 2023
Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the govt
In Sebi's parlance, its observation implies the company concerned has received the approval to launch the IPO.