The management of this small, conservative bank views a public issue as a means of ending a long shareholder feud and unlocking value for its next phase of growth
Up to 10 per cent of the LIC IPO issue size would be reserved for policyholders, Minister of State for Finance Anurag Thakur said
The initial public offering of LIC may hit the market in the fourth quarter of fiscal 2022
Brookfield is an alternative asset manager
The company is looking to raise Rs 95 crore through the IPO. The issue also comprises of secondary share sale worth Rs 318 crore
Four deals worth Rs 7,376 crore launched, most since Jan 2008; bullish sentiment in secondary market fuels new offers
The offer of the mortgage financier, which got fully subscribed on the first day itself on January 21, received bids for 41,42,65,488 shares against 1,56,20,948 shares on offer
Most analysts believe the company has a long growth runway given its small size and the niche market it caters to
The retail portion of the issue was subscribed 3.4 times, while institutional investor portion was subscribed 1.4 times
Stove Kraft Ltd is a manufacturer of kitchen appliances
The initial public offer of Indian Railway Finance Corporation Limited was subscribed 3.49 times on the final day of bidding
The IPO aggregating up to Rs 1,153.71 crore comprises a fresh issue of up to Rs 265 crore and an offer-for-sale aggregating up to Rs 888.71 crore by promoters and existing shareholders, the firm said
The offer received bids for 1,52,64,04,775 shares against 1,24,75,05,993 shares on offer, as per the data available with NSE
Indigo Paints is the fastest-growing paints company in India in terms of revenues, in a highly oligopolistic paint market.
Employee quota lapped up by over 13 times. HNI and institutional book saw only a few bids
Investors can apply for IRFC's IPO in lots of 575 shares, and in multiples thereof
Priced at Rs 25-26 a share, IRFC's nearly risk-free model positions the initial public offering as a safe bet for investors
Centre for the first time exercises provision for IRFC issue
The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares
The issue consists of a fresh issue of up to 118.80 crore shares and offer for sale of up to 59.40 crore shares by the government