Page 83 - Top Stories on IPOs
ICICI Pru Life files for India's biggest IPO in six years
This is the biggest IPO in rupee terms since state-run Coal India Ltd's market debut in 2010
 "ICICI Pru Life files for India's biggest IPO in six years")
ICICI Pru Life to file for Rs 4,700-cr IPO next week
IPO, first by life insurer in India, to be biggest in six years; company to approach Irdai before Sebi
 "ICICI Pru Life to file for Rs 4,700-cr IPO next week")
Another L&T group subsidiary to hit the market
L&T Technology will file its draft red herring prospectus with market regulator Sebi tomorrow
 "Another L&T group subsidiary to hit the market")
L&T Infotech IPO subscribed 11 times
Company's 12.25-mn share offering attracted 132 mn bids
 "L&T Infotech IPO subscribed 11 times")
Enzyme's IPO to open on July 20
The IPO price band has been set at Rs 890-896 per share
 "Enzyme's IPO to open on July 20")
L&T Infotech subscribed 11 times on the closing day
Company's 12.25 mn share offering attracted 132 mn bids from various investors as per exchange data
 "L&T Infotech subscribed 11 times on the closing day")
L&T Infotech IPO subscribed nearly four times
The 12.25-million share offering attracts over 43 million bids, QIB segment subscribed over five times
 "L&T Infotech IPO subscribed nearly four times")
Quess soars 59% on debut
The company's Rs 400-crore issue had witnessed a demand of 140 times the shares on offer
 "Quess soars 59% on debut")
IPOs unleash value for shareholders
Listings of subsidiaries reward investors, parent companies
 "IPOs unleash value for shareholders")
L&T Infotech IPO subscribed 80%
The 12.25-mn share offering attracted 9.62 mn bids as on 1:00 pm
BSE starts process to accept shares for IPO
Shareholders invited to deposit all or part of their holding in demat form in escrow account by Aug 22
L&T Infotech IPO fully subscribed on Day 1
The 12.25-million share offering attracted 14.65 million bids - 1.2 times shares on offer
L&T Infotech's over Rs 1,200-cr IPO to kick off tomorrow
Price band for the issue, which would be open for subscription from July 11 to 13, has been fixed at Rs 705-710
PNB's limited gains from housing finance IPO
Apart from some increase in sum-of-parts valuation, the issue will not help in augmenting the bank's capital
 "PNB's limited gains from housing finance IPO")
L&T Infotech: Low valuations, but lower growth too
There is nothing exciting about the offer; those looking for an exposure to the Indian IT sector can look at other high-growth investment ideas
 "L&T Infotech: Low valuations, but lower growth too")
ICICI arm tops IPO rankings
US-based Citibank handles most fundraising via stocks
 "ICICI arm tops IPO rankings")
PNB shares move up 4.5% on subsidiary's IPO plan
Post-IPO, PNB will continue to hold approximately 35-37% of the issued and paid-up share capital in the company
PE exits set to see new record through IPOs this year
The first six months of the year saw PE investors exiting stakes worth Rs 2,993 cr across six IPOs, as per Prime Database
 "PE exits set to see new record through IPOs this year")
Robust listings whet retail appetite in IPOs
In 2016, six of the twelve issues that hit the market have seen retail investors bidding for more than three times the shares on offer
 "Robust listings whet retail appetite in IPOs")
Over 60% newly-listed cos stay above IPO price; Ujjivan shines
The share of Ujjivan Financial Services, which made its stock market debut in May, is trading about two times higher than IPO price
