Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year
The retail investor portion was subscribed 71%. A day earlier, form allotted shares worth Rs 160 cr to anchor investors
Deal done at Rs 326 apiece to three anchor investors Nippon India, Kotak Life Insurance and India SME Investments
The Indian logistics business is poised for tremendous expansion, and the IPO-bound Delhivery, with its focus on the fast-growing e-commerce market, has promising growth potential ahead of it
Move to have a separate quota for policyholders proves a game-changer, say experts
The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore
The issue is an example that capital markets can be run without having to completely rely on foreign investors, Tuhin Kanta Pandey said
Receives record 7.33 million applications from retail investors
With just hours to go until end of the subscription period for the $2.7 billion initial public offering of LIC, foreign institutional funds have put in orders for merely 8% of the shares
As many as five companies, including Aadhar Housing Finance, TVS Supply Chain Solutions and Landmark Cars, have received Sebi's go ahead to raise funds through initial share sales
Against 3,95,31,236 reserved, 4,61,62,185 bids were received, reflecting a subscription of 1.17 times, according to data posted on stock exchanges at 12:12 pm
The policyholder quota was subscribed over 5 times, employee portion 3.8 times and retail individual investor quota 1.6 times.
Industry players said the refund process for LIC's IPO will complete on May 13 - the same day when Delhivery IPO closes
"Having an international investor like Exor or Gateway increases the confidence in the market because of the strong governance," said Viswanathan.
The portion of LIC's initial public offering earmarked for non-institutional investors, including high net-worth individuals, has been subscribed fully on the fourth day on Saturday
The initial share-sale will be open for public subscription on May 11 and conclude on May 13
The policyholder quota was subscribed 4 times, employee portion 3.1 times and retail individual investor quota 1.23 times
After surviving the pandemic, Awfis is on an expansion mode. From 50 centres with 30,000 seats in 2015, it has more than doubled its capacity to 131 centres and 75,500 seats
Logistics company's anchor allotment on May 10 will demonstrate interest among investors for tech startups, say experts.
LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market