A sharp pick-up in subscription for the follow-on-public offer (FPO) of Shipping Corporation of India was witnessed on the last day of the bidding where the offer got over-subscribed 4.63 times, garnering a demand worth Rs 5,492 crore.

SCI FPO over-subscribed 4.63 times

Press Trust of India

A2Z Maintenance &amp; Engineering Services (A2Z), in which renowned investor Rakesh Jhunjhunwala holds about 21 per cent stake (on pre-IPO capital), has come out with an IPO to fund its growth plans.

Counting on the future

Business Standard

A2Z Maintenance's initial public offer failed to garner enough investor interest to get fully subscribed on the final day of the issue today, attracting bids for just 96 per cent of the equities on offer.

A2Z Maintenance IPO subscribed 0.96 times on final day

State-run Punjab &amp; Sind Bank's (PSB) initial public offer was subscribed by 1.58 times on the first day of issue today.

Punjab & Sind Bank IPO subscribed 1.58 times on Day 1

Realty firm BPTP today said there is no immediate plan to launch its Rs 1,500-crore initial public offer due to volatility in the stock market.

BPTP's IPO uncertain over market condition

In the wake of some of the recent public issues failing to yield adequate returns, retail investors seem to have turned to bonds issues. According to industry experts, there has been a reduction in retail participation in public issues, while debt instruments like bonds issues are getting increased attention from retail investors.

Retail investors prefer bonds over public offers

The follow-on public offer (FPO) of state-run Power Finance Corporation (PFC) got subscribed 15% on the second day of issue today.

PFC FPO subscribed 15% on second day

Galaxy Surfactants is a leading manufacturer and marketer of surfactants and specialty chemicals in India for the personal and home care (PHC) industry. It has a portfolio of 66 products having applications in skin care, hair care, oral care, body wash, household cleaners and fabric care segments with sales spread over 70 countries. It currently has six manufacturing units out of which one is in the US.

Good growth prospects, but stiff pricing

Vaswani Industries listing halted; all this year&rsquo;s listings and most of last year&rsquo;s trade below issue price.

Suspected dummy IPO subscriptions under Sebi probe

Was told by Sebi to do so to reflect revision in shareholding; to reapply in 6 weeks.

SRL withdraws IPO prospectus

Super Religare Laboratories (SRL), part of the Fortis Healthcare group, today said it has withdrawn its initial public offering (IPO) prospectus filed with market regulator Sebi due to a change in the shareholding pattern of the company.

SRL withdraws draft IPO prospectus to resubmit again

Last Monday, the Securities and Exchange Board of India (Sebi) announced that retail investors being allotted shares at a discount in initial public offerings (IPOs) should be allowed to apply at the discounted price rather than the cut-off price. From June 15, the changes would apply to all public offer documents filed with the Register of Companies.

IPO benefit for retail investors

Many have postponed their plan, despite regulatory approval, underlining need for investing with a long-term view.

PE-backed IPOs hit rough market weather

The Securities and Exchange Board of India (Sebi) on Thursday said its preliminary analysis suggested large-scale withdrawal of applications in the high net worth individual (HNI) category after the closure of Vaswani Industries&rsquo; initial share sale offer.

Most HNI applicants pull out of Vaswani IPO

Of nearly 25,000 Coal India (CIL) employee applications, over 3,100 have failed to get a pie of the company's Rs 15,200-crore initial share sale offer due to certain anomalies in their applications.

Over 3,100 CIL employee IPO applications rejected

The initial public offer (IPO) of Gravita India received robust demand from investors and was oversubscribed 41.28 times by the end of the issue today, with most bids coming from high net-worth individuals, as per National Stock Exchange (NSE) data.

Gravita India IPO oversubscribed 41.28 times on final day

The government today fixed price band at Rs 85-90 per share for about Rs 7,600 crore follow-on public offer (FPO) of state-run transmission company Power Grid Corporation of India.

Govt fixes Power Grid FPO price band at Rs 85-90

Bangalore-based real estate developer Embassy Property Developments (EPD) today said it will raise Rs 2,400 crore through an initial public offer (IPO).

Embassy Property to raise Rs 2,400 cr via IPO

Generic injectables player, Claris Lifesciences, plans to raise Rs 300-crore, for expanding its capacities and paying a part of its debt. The company, which gets over half of its revenues (Rs 759 crore) from exports, has a presence in 76 countries with over 1,100 product registrations and a product portfolio of 128 drugs.

Healthy portfolio driving profits

&quot;Given the growth potential of the Indian telecom industry, we plan to develop innovative services and products that will address the changing consumer needs. The IPO proceeds will largely be invested for developing new and innovative platforms, products and services for enhancing the scope of our existing applications,&quot; One97 Communications' Chairman and Managing Director Vijay Shekhar Sharma told reporters here today.

One97 Communications mulls to raise Rs 120 cr via IPO

The IPO of MOIL is similar to Coal India offering in many ways. MOIL, too, has got the highest rating of 5/5 from rating agency, Care Ratings, for its upcoming IPO. Its dominance in the domestic manganese industry, strong cash flows, high dividends, better return ratios, debt free balance sheet, growing demand from steel sector and huge manganese reserves are key positives.

Rich mineral, attractive pricing

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