The Rs 1,540 crore-IPO had got a robust response, being oversubscribed a staggering 80 times
Market positioning, a more profitable business and the HDFC brand lend support
More than Rs 45,000 crore have gone to promoters and other existing shareholders leaving only 20 per cent funds for the firms' growth and expansion plans
Bajaj said both the life and general insurance companies were well capitalised and its promoters remained committed
The company's IPO was oversubscribed 81.54 times during October 25-27
Retail portion witnessed 84% subscription
If not for LIC, the Rs 9,600-cr offer would have struggled to garner full subscription
Khadim India on Wednesday raised Rs 163 crore from anchor investors
More than 80% of issue sold on strength of bids placed by country's largest life insurer
The institutional portion was subscribed 15.6 times
Khadim is a footwear brand with a strong presence in eastern part of the country
The issue was subscribed 1.04 times a day prior and saw only a few incremental bids on its second day
Mahindra Logistics operates as third-party logistics services provider; price band for IPO fixed at Rs 425-429 per share
State-owned giant makes Rs 9,000-cr bid on first day of latter's offer
Market leader, with strong foothold in segment and healthy opportunity, to improve financials
Together, these companies are estimated to raise more than Rs 6,000 crore, according to merchant banking sources
The issue comprises sale of 1,93,32,346 shares, including offloading of 96,66,173 shares -- amounting to 13.74% stake -- by the parent firm Mahindra and Mahindra
At the top end of the price band, HDFC Standard Life will be valued at around Rs 58,100 crore
Market leader, with strong foothold in segment and healthy opportunity to improve financials
The price band for the IPO was Rs 247 to 252 per share. At the top-end of the price band, Reliance Nippon AMC was valued at Rs 15,422 crore