Firm seeks to raise Rs 50 cr; shares will get listed on NSE Emerge platform, which caters to SMEs; IPO price band is Rs 71-75
RBI has publicly expressed strong reservations against permitting cryptocurrencies
The government is hopeful of bringing out India's largest IPO before May
The benchmark Nifty bounced sharply from its low of 15,748 last week to close at 16,630
LIC, Delhivery, PharmEasy among deals to be keenly followed by the market
Sebi's push comes after the flop listing of SoftBank-backed payments firm Paytm's $2.5 billion IPO in November
The company may also consider raising further equity including a rights issue of up to Rs 1,200 crore. If this placement is completed, the fresh issue size will be reduced
There are certain external factors affecting the markets because of the conflict in Europe, and the government is watching the situation carefully, the official said
Suraj Estate Developers Ltd has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 500 crore through an initial public offering (IPO).
India Exposition Mart Ltd, a leading integrated exhibitions and conventions venue, has filed a preliminary prospectus with markets regulator Sebi to raise Rs 600 crore through IPO
Hexagon Nutrition, which filed preliminary IPO papers with Sebi in December 2021, obtained its observations letter on March 4 2022, an update with the regulator showed on Monday
ICICI Securities, BofA and Axis Capital are the investment banks handling the share sale
Government may defer the mega initial public offering (IPO) of LIC to next fiscal year as the ongoing Ukraine war has dampened fund managers' interest in public issue, market experts said on Sunday
Biocon arm buys Viatris biosimilars biz for $3.2 billion
The existing FDI policy did not prescribe any specific provision for foreign investment in LIC, which is a statutory corporation established under LIC Act, 1956
Domestic institutional investors, including mutual funds, are keeping their powder dry to invest in LIC's offering
The government will closely monitor the Ukrainian crisis before taking any decision, the official added
Potential conflicts of interest issues are taking centre-stage in the IPO roadshows that began last week and are expected to go on till the end of the month
LIC has in recent years been a key buyer of shares in state-owned firms sold off by New Delhi, often bailing out less-than-successful public issues of shares
API Holdings, the parent company of PharmEasy, Adar Poonawalla-backed Wellness Forever Medicare and metal recycling firm CMR Green Technologies received Sebi's nod for IPOs