V Jayasankar, senior executive director and head of equity capital markets, Kotak Investment Banking, says the huge listing day pop is partly because of technical factors.
The companies had raised Rs 20,300 crore through IPO route in 2019
The FTSE Renaissance Global IPO Index, which tracks the performance of offerings worldwide, is up 82 per cent this year, compared with a 12 per cent gain for MSCI's all-country equity index
The issue comprises of Rs 40 crore of fresh capital raise and Rs 500 crore of secondary share sale by four existing shareholders
The price band has been fixed at Rs 286-288 per share for the initial public offering
With an over-subscription of 157 times, Burger King India IPO became the second-most subscribed offer in calendar year 2020. The shares are expected to get listed on December 14
Only 10 per cent of the issue has been reserved for retail investors
The price band for Burger King India IPO has been set at Rs 59-60 per share
Burger King IPO will remain open till December 4 with a price band of Rs 59-60 per share
The post-listing market capitalisation for the company stands at Rs 29,848 crore, helping it break into the top 10 valuable pharma firms in the country
The retail and HNI portion of the IPO were subscribed just 51 per cent and 24 per cent, respectively
In conversation with Shine Jacob, RailTel's Chairman and Managing Director PUNEET CHAWLA talks about how its business improved during Covid and the IPO road map
The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 5,840,000 equity shares by private equity firm Sequoia Capita
Institutional portion sees 6.4x subscription; HNIs, retail investors give issue a miss
While prospects remain strong led by niche products and a differentiated business model, relatively rich valuations leave limited scope for upside in near-term
Fosun-owned Gland Pharma sets price band for its IPO at Rs 1,490-1,500 per share
In this podcast, Business Standard's Samie Modak explains reasons behind the halt and the way forward for Jack Ma
The stock listed at Rs 31, a decline of 6 per cent against the issue price on the BSE
Rising FPI registrations & inflows signify sustained interest of foreign investors in the Indian capital mkt, the regulator said
Apart from the fresh issue, there is an offer for sale (OFS) of a little over 34 million shares as part of the IPO