Page 84 - Top Stories on IPOs
GreenSignal Bio Pharma to go for IPO
The firm, which makes TB vaccines and immunotherapy drugs, hopes to garner up to Rs 120 crore from the issue
PNB Housing Finance files draft papers for Rs 2,500-cr IPO
The housing finance firm, promoted by Punjab National Bank, would be using the proceeds from the share sale mainly towards augmenting its capital base
 "PNB Housing Finance files draft papers for Rs 2,500-cr IPO")
IPO market in fast lane, companies mop up Rs 7,775 cr in Jan-Jun
The period has seen more than half of the 11 newly-listed stocks trading at a higher premium over the issue price
 "IPO market in fast lane, companies mop up Rs 7,775 cr in Jan-Jun")
Quess Corp IPO subscribed 144 times
It's also the fifth highest subscribed issue since the year 2000, data collated from Prime Database show
 "Quess Corp IPO subscribed 144 times")
L&T Infotech plans to go shopping with IPO funds
The IT arm of Larsen & Toubro is looking at acquisitions in Germany, France and the Nordic region
 "L&T Infotech plans to go shopping with IPO funds")
Quess IPO garners subscription of over 3.4 times on Day 2
The retail quota got subscribed 9.9 times, while the non-institutional segment got subscribed for 0.3 times
No firm plans for IPO: Tata Technologies
Company eyes Silicon Valley start ups for investments and partnerships
 "No firm plans for IPO: Tata Technologies")
10 things to know in L&T Infotech IPO
L&T Infotech will not be enjoying the proceeds of the present issue as this being an offer for sale, the entire sale amount of around Rs 1,200 crore will go the parent L&T
Quess Corp subscribed 0.41 times on Day One of IPO
The retail quota got subscribed 2.2 times, while the non-institutional segment got subscribed 0.05 times
L&T eyes Rs 1,200 crore with L&T Infotech's IPO
The company is looking to divest 10.85% in IT services arm; scales down price band substantially
BSE shareholders okay IPO plan
The proposed IPO could be a combination of OFS and fresh issues for up to a maximum of 30% of the post-issue equity share capital of the company
 "BSE shareholders okay IPO plan")
iBanks caught in cleft over exchanges' IPOs
Conflict of interest might prevent NSE and BSE from selecting iBanks appointed by the other
 "iBanks caught in cleft over exchanges' IPOs")
Quess Corp's Rs 400-cr IPO to kick off tomorrow
The firm, promoted by Ajit Isaac and Thomas Cook (India), has fixed a price band of Rs 310-317 a share with Rs 10 face value
Quess Corp: High growth, but low entry barriers
The company, which seeks to be a preferred partner of corporate firms for handling business functions, has used the acquisition route to expand its operations
 "Quess Corp: High growth, but low entry barriers")
NSE to file for domestic IPO by January 2017; will pursue foreign listing too
All these decisions were taken during the last meeting of the board of directors on June 23, 2016
 "NSE to file for domestic IPO by January 2017; will pursue foreign listing too")
NSE to file for domestic IPO by January 2017: Source
It will also pursue a foreign listing
Mahanagar Gas subscribed 65 times
Gas distribution firm's Rs 1,000-cr IPO garners demand worth around Rs 47,000 cr
 "Mahanagar Gas subscribed 65 times")
PepsiCo bottler Varun Beverages files draft prospectus for IPO
Launch later this year, for over Rs 1,000 cr
 "PepsiCo bottler Varun Beverages files draft prospectus for IPO")
Quess Corp plans to raise Rs 400 cr via IPO
The company, promoted by Thomas Cook (India), fixed price band of Rs 310-Rs 317 per share; issue will remain open from June 29-July 1
Mahanagar Gas IPO subscribed four times
The IPO has so far received 68 million bids as against 17.3 million on offer
