Page 25 - Top Stories on IPOs
Big C invests Rs 125 cr to open 250 outlets in 2 yrs, mulls IPO after FY24
Mobile handset, electronics retailer Big C on Friday said it will be investing Rs 125 crore in the next two years to open 250 new outlets focusing on tier four and five cities
 "Big C invests Rs 125 cr to open 250 outlets in 2 yrs, mulls IPO after FY24")
Govt shortlists four law firms to assist LIC IPO after failed first attempt
Crawford Bayley, Cyril Amarchand Mangaldas, Link Legal and Shardul Amarchand Mangaldas will make a representation before govt on Friday
 "Govt shortlists four law firms to assist LIC IPO after failed first attempt")
Law firms bid to work on India's LIC IPO as government sweetens terms
After the law firms showed no interest, the government revised its offer twice this month, limiting the timeline of the LIC's IPO work and offering a part payment during the IPO process, not just at t
 "Law firms bid to work on India's LIC IPO as government sweetens terms")
Real firm Casagrand plans IPO by next December to fund land acquisition
Will invest Rs 5,000 crore in residential development in the next one year, has already raised Rs 400-500 crore from KKR for land acquisition in Chennai and Bengaluru
 "Real firm Casagrand plans IPO by next December to fund land acquisition")
Paras Defence IPO receives 304 times subscription so far on closing day
Mirroring massive investor interest, the initial public offer of Paras Defence and Space Technologies received a whopping 304.05 times subscription so far on the closing day on Thursday.
Paras Defence IPO subscribed 41x on day-2, Data Patterns files DRHP
Data Patterns (India) is looking to raise Rs 300 cr through its offer, which will also consist of secondary share sale between Rs 300-400 cr
Aditya Birla AMC to launch Rs 3,000-cr IPO next week
In August, Sebi had cleared the asset manager's IPO document, which was filed with the regulator in April.
 "Aditya Birla AMC to launch Rs 3,000-cr IPO next week")
India likely to block Chinese investment in mega LIC IPO: Report
With China after the border clashes it cannot be business as usual. The trust deficit has significantly widened, say sources
Electronics Mart files paperwork for Rs 500 crore initial public offering
Consumer durables retail chain Electronics Mart India Ltd has filed preliminary papers with Sebi to raise Rs 500 crore through an initial share-sale.
Hariom Pipe Industries files IPO paperwork to raise Rs 100-120 crore
Net proceeds from the initial share sale will be used to fund its capital expenditure, working capital requirements and towards expenses for general corporate purposes.
 "Hariom Pipe Industries files IPO paperwork to raise Rs 100-120 crore")
Data Patterns files paperwork for IPO; aims to raise Rs 600-700 crore
The firm supplies electronic systems to defence and aerospace sector
 "Data Patterns files paperwork for IPO; aims to raise Rs 600-700 crore")
Freshworks prices IPO at $ 36 per share, to raise over $1 bn via US listing
Freshworks will become the first Indian-origin software products startup to list on the US stock exchanges
 "Freshworks prices IPO at $ 36 per share, to raise over $1 bn via US listing")
Macleods Pharmaceuticals picks banks for $1-billion offering
The Mumbai-based company is planning to file its initial draft prospectus by January and is targeting a listing as soon as next year, the people said
Paras Defence IPO subscribed 16.6x on Day-1 on strong retail interest
Experts said retail investors are enthused by the high premium commanded by Paras Defence in the grey market
Puranik Builders files draft papers with Sebi again to raise funds via IPO
Real estate developer Puranik Builders has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering
Should you subscribe to Paras Defense IPO despite weak financials?
Paras Defense IPO is priced at Rs 165-175 per share and looks to raise Rs 171 crore at the upper end of the price band
UPI IPO mandate creation dips in August despite best mop-up in 4 years
5.9 mn mandates were created compared to 7.7 mn in July
 "UPI IPO mandate creation dips in August despite best mop-up in 4 years")
Indian defense supplier Data Patterns nears $100-mn IPO filing: Report
Data Patterns is seeking a valuation of around 25 billion rupees ($340 million) in the IPO, and is looking to sell an equal number of primary and secondary shares, the people said
 "Indian defense supplier Data Patterns nears $100-mn IPO filing: Report")
Paras Defence's Rs 171 cr IPO opens Sept 21, price band Rs 165-175
At the top-end, Paras Defence will have a market capitalisation of Rs 683 crore on a post-diluted basis
Sansera Engineering IPO subscribed 11.5x, gets bids worth over Rs 10,000 cr
Sansera's IPO was entirely an offer for sale worth Rs 1,283 crore. At the top-end of the price band, the company's market cap translates to Rs 3,823 crore
