Of 85 IPOs to hit the market between FY17 and FY19, 58 ended at a premium to their offer prices
Markets regulator Sebi had received draft red herring prospectus for the proposed IPO on February 8
The Aramco listing is expected to be a major topic at a major investment summit that opened Tuesday in Riyadh
Details of the offering could change as the deliberations are ongoing
The state-owned company raised Rs 645 crore through its initial public offer (IPO).
The IPO, which was open for subscription between September 30 and October 4, was subscribed 112 times
The public offers of Affle (India) Ltd and Metropolis Healthcare have given smart returns to their investors soaring about 49 and 40 per cent, respectively
While Ola's high cash burn, owing to its fierce fight with Uber, is a dampener, some of its recent bets on newer areas make it attractive
In the first two days of the three-day offer, the IPO was oversubscribed by 325 per cent
The issue closes on Thursday
The issue was subscribed about 81 per cent on the opening day of bidding on Monday. The price range for the initial public offering (IPO) has been fixed at Rs 315-320 per share.
Bidding for the offer of the railways' tourism and catering arm will close on Thursday
It will be the first IPO from a life insurance company in the country
This IPO is the first by an insurer in India and the biggest in nearly six years
The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20 (FY20).
In 2017, as many as 36 firms mopped-up a record amount of over Rs 68,000 crore through initial share-sales
The market regulator returned the company's draft scheme with an advise to re-submit the application after ensuring compliance with provisions mentioned in the Sebi circular
Maximum bids came at Rs 267 per share, higher than the floor price of Rs 262
Sebi has acknowledged that investors could be facing issues using the UPI payment method
The share sale could fetch between Rs 500 crore and Rs 600 crore and help the government with its disinvestment target