'Nobody can predict the market. We have been saying that it should not be held for a particular day but for more than a day,' Tuhin Kanta Pandey told reporters after the listing of LIC shares
Market boom, success of global start-ups key drivers
Volatility in global markets and selling pressure in the domestic stock market are likely to cast a shadow on LIC's listing
The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital
Digital signature certificate provider eMudhra Ltd on Monday said it has fixed a price band of Rs 243-256 a share for its Rs 413-crore Initial Public Offering (IPO).
The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.
The QIB portion of the Delhivery IPO garnered 2.66 times subscription, with bids worth Rs 4,385 cr. QIBs also invested Rs 2,346 cr through anchor book
The institutional investor portion of the Delivery IPO issue was subscribed for nearly two times
The institutional investor portion of the issue was subscribed 1.26 times, high-networth individual portion 99 per cent and retail portion 1.3 times
The Bangalore-based HR services platform plans to raise Rs 50 crore in fresh capital through the IPO and the remaining Rs 750 crore will be an offer for sale by existing shareholders
Both the IPOs close on Friday. Delhivery's IPO size is Rs 5,235 crore, second-biggest after LIC this year
The Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a batch of pleas filed by some policy holders.
Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies to go public
Retail investors still in-the-money
Sebi is seeking comments from the public on its new proposal by June 6
Pristine Logistics & Infraprojects Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
A day earlier, Delhivery raised Rs 2,346 crore from 64 anchor investors
The actual number of valid applications will be formally announced by LIC ahead of its listing
The category meant for retail investors received 2.59 times subscription, while the portion for non-institutional investors got subscribed 34% and QIBs 30%
LIC IPO saw 2.95 times more demand than the shares on offer on the final day of bidding