At present, the Mumbai-based company has presence in six countries such as Singapore, the Philippines, the UAE, Indonesia, the US and Kenya
Aether Industries caters to the pharmaceutical, agrochemical, material science, electronic chemical, high performance photography and oil and gas industry segments
The firm has reduced its offer for sale size to Rs 350 crore from Rs 550 crore earlier
Retail portion subscribed 29 times, HNI 666 times and institutional investor 216 times
It was subscribed at just 79%, getting bids worth $427.37 million, despite it extending the subscription period for its offering
The firm has plans to raise up to $1 billion through an IPO
The Rs 7,240-cr issue received just 79% subscription before I-bankers stepped in
Anand Rathi Wealth IPO subscribed 1.5 times on opening day
At present, the company has 586 stores in 134 cities spread across 29 states and union territories in India. Of these, 211 stores were opened in the last three years
Hopes to regain pre-Covid level of $60 million ARR in FY22
Popular is set to be the first Indian auto dealership in a highly fragmented market to list
Price band Rs 443-453 per share. At the top-end, company is valued at about 22x it FY21 earnings and will have a market cap of Rs 3,000 cr
Not even a single domestic institutional investor has applied for the IPO so far, data disclosed by stock exchanges shows
As per the proposed plan, up to 10 per cent of the LIC IPO issue size would be reserved for policyholders
The company has decided to allocate 35.25 lakh equity shares to 12 anchor investors at Rs 550 apiece, valuing the transaction size at Rs 194 crore
Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.
Offer closes on Thursday. IPO is the third-biggest this year and 8th biggest ever to hit domestic market
Snapdeal would become the largest tech company to test investors' appetite for IPOs after the disastrous debut of Paytm's parent, One 97 Communications Ltd
The IPO is entirely an offer for sale of 12 million shares; promoter entities Anand Rathi Financial Services, Anand Rathi and Amit Rathi are selling
Others include VLCC Health Care and Metro Brands