Top Stories on IPOs

Ahead of IPO, Aether Industries garners Rs 240 cr from anchor investors

Aether Industries is a speciality chemicals manufacturer focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and tech core competencies

IPO: to take glide path for surplus LIC transfer from next year

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

Bernstein downgrades Alphabet, warns it's moving 'too fast' in AI

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

LIC IPO draft papers likely to receive Sebi's approval on Monday

Listing may spill over into FY23 as geopolitical tensions roil markets

Adani's food venture Adani Wilmar Ltd is best-performing IPO in Asia

The food company has almost tripled since its debut while most newcomers are trading under water

Aether Ind IPO subscribed 49% a day before close on sparse overall interest

None of the three investor categories completes quota, with HNI interest being the dullest at 16%

Fairfax-backed Digit Insurance targets $5 billion in IPO valuation: Report

Digit has appointed Morgan Stanley and Indian investment bank ICICI Securities as bookrunners for the deal

Venus Pipes stock gains 9% on listing; eMudhra IPO subscribed 2.7x

Through the IPO, Venus Pipes raised Rs 165.4 crore in fresh capital

OYO plans IPO after September, may settle for lower valuation: Report

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

Logistics firm Delhivery tests mood for India IPOs after LIC's muted debut

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

eMudhra IPO subscribed 96% on day 2, issue subscribed 1.7 times

The IPO comprises Rs 200 crore fresh fund raise and Rs 213 crore secondary share sale.

HNI interest sees Ethos IPO scrape through with just 1.03x subscription

Retail investor portion subscribed 82%, HNI was covered 1.48x and institutional investor category received 1.06x subscription

Sajjan Jindal's JSW Infrastructure plans public listing by March 2024

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

Paradeep Phosphates IPO scrapes through on Day 3; issue subscribed 1.75x

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

Aether Industries' Rs 808-cr IPO to open May 24; price band at Rs 610-642

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

Paradeep Phosphates IPO subscribed 51% day before close on retail interest

Retail investor portion subscribed 91%, HNI 20%; institutional investor category received negligible bids

Luxury watch player Ethos IPO to open on May 18; price band Rs 836-878

Proceeds from the fresh issuance will be utilised for repayment of debt, funding working capital requirements, opening new stores and general corporate purposes

Go First plans IPO of up to Rs 3,600 cr by July after deferring for months

The airline plans to increase daily flights, add 10 new aircraft by March 2023

After tepid market debut, antsy LIC investors seek Aramco-style dividend

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

Fedbank Financial, Dreamfolks, Archean Chemical get Sebi nod to float IPOs

In Sebi's parlance, its observation implies the company concerned has received the approval to launch the IPO.