The average applications for IPOs in July stood at 2.6 million, while that in August was about a million, said bankers.
Cloud services and data centre firm ESDS Software Solution has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,200-1,300 crore through an initial share sale
The initial public offer of specialty chemicals maker Ami Organics was subscribed 64.54 times on the closing day of subscription on Friday
The company, which counts SoftBank Group Corp. among its investors, is speaking with advisers about a potential listing in Mumbai that could value it at as much as $2.5 billion
Ami is a pharma-focused specialty chemicals firm; Vijaya Diagnostic is among the largest diagnostic chains in southern India
Joyalukkas may file a draft prospectus by end of November or early December: report
While Ami is a pharma-focused specialty chemicals firm, Vijaya Diagnostic is among the largest diagnostic chains in southern India
Software-as-a-service (SaaS) companies seem to be coming off age, with several of them firming up initial public offering (IPO) plans to raise capital from the market.
The initial public offer of specialty chemicals maker Ami Organics was fully subscribed within the first few hours on the opening day on Wednesday.
At the higher price band of Rs 610, Ami Organics is demanding a P/E multiple of 41.2x (to its FY21 EPS of Rs 14.8), which is at discount to the peer average of 48.3x
The fast swelling unicorn universe in the startup ecosystem is set to witness a flurry of share sales as around 18 large startups are set to hit primary markets, according to a Wall Street brokerage
MapmyIndia, which powers Apple maps in India, has filed draft papers with the domestic market regulator for an initial public offering
Investment bankers say pipeline for rest of the year also looks strong. Aditya Birla MF, Go Airlines and Vijaya Diagnostic likely to launch offerings in Sept
Leading integrated steel company Shri Bajrang Power and Ispat Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 700 crore through an initial share sale.
The Bangalore-based startup could seek a valuation of more than $8 billion in the IPO and could lodge a filing as soon as October, people familiar with the matter said
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India's first home-grown mapping company is looking to list in the public market at a Rs 6,000-crore valuation
The IPO rush will continue in September with two more companies Vijaya Diagnostic Centre and Ami Organics launching their initial share-sales on Wednesday to raise a total of Rs 2,465 crore.
The firm, backed by Qualcomm Inc. and Walmart Inc.-owned payments startup PhonePe, is targeting an IPO size around $175 million at a valuation of about $825 million
Tech companies from India and South Korea, and Southeast Asia have raised $8 billion from first-time share sales this year, already blowing past the previous annual peak