The IPO will open on September 1 and conclude on September 3
A ministerial panel, called the Alternative Mechanism on strategic Divestment, is expected to decide soon on the size of the stake to be sold.
The IPO is entirely an offer for sale of 35,688,064 equity shares by the promoter and investors
Vijaya Diagnostics, Arohan Financial Services, Penna Cement, Shri Bajrang Power and Ispat are the companies likely to come out with their IPOs in September
The company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people with knowledge of the matter
Overall, HNIs have profited in 16 out of 27 IPOs in 2021
Aptus Value Housing Finance, Chemplast Sanmar latest to make tepid debuts
Any strategic investment would be subject to a cap, though it's unclear at what level that would be set, according to a person familiar with the matter
Around two-thirds of overall IPO clients have been onboarded from three states - Gujarat, Rajasthan and Maharashtra
Without disclosing the reason, Sebi said "issuance of observations kept in abeyance" with regard to the IPO of Gemini Edibles & Fats India according to an update on the Sebi's website as of August 20
Almost 52 per cent of IPO investors sold shares on the listing day while another 20 per cent sold the allotted shares within the first week of listing, an analysis by Motilal Oswal Financial Services.
The government is also planning a big advertisement campaign for the listing of the IPO
The Adani Group has said that it has not received any formal communication from the Securities & Exchange Board of India (SEBI)
Footwear retailer Metro Brands Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share-sale.
The company had filed preliminary papers with Sebi on August 3, to raise funds through an initial public offering (IPO)
CarTrade Tech's initial public offering (IPO) was subscribed 20.29 times
The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission
Shares of CarTrade Tech had a muted market debut on Friday, closing with a discount of nearly 8 per cent against its issue price of Rs 1,618.
Payment solutions provider AGS Transact Technologies has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 800 crore through an initial share-sale
The catalyst, in a word, is Zomato Ltd. The food-delivery startup went public in July