Page 93 - Top Stories on IPOs
Alkem Laboratories $200-mn IPO fully subscribed
Institutional investors were active bidders, placing orders worth 2.3 times the number of shares available to them
 "Alkem Laboratories $200-mn IPO fully subscribed")
Alkem Labs subscribed 35%, Dr Lal PathLabs 65% on Day One
Alkem fixed the priced band for its IPO at Rs 1,020-1,050 a share, while Dr Lal priced it at Rs 540-550 a share
 "Alkem Labs subscribed 35%, Dr Lal PathLabs 65% on Day One")
Sebi does not need to ration number of IPOs: U K Sinha
He said that such limits are not imposed so that the secondary market can grow
 "Sebi does not need to ration number of IPOs: U K Sinha")
Focus on pharma IPOs next week
Sources say Alkem Laboratories' Rs 1,350-crore IPO and Dr Lal PathLabs' Rs 633-crore IPO will open from December 7 to 9
Alkem IPO price band set at 1,020-1,050 rupees per share
The issue will be open to cornerstone investors on Monday, and a day later for retail investors
 "Alkem IPO price band set at 1,020-1,050 rupees per share")
Country's oldest path lab chain to go public with Rs 638-cr IPO
Dr Lal PathLabs is offering 11.6 million shares in an initial public offer
 "Country's oldest path lab chain to go public with Rs 638-cr IPO")
Cochin Shipyard IPO set to sail well
Strong capabilities, light balance sheet, robust order book and impressive dividend history are key positives
 "Cochin Shipyard IPO set to sail well")
Alkem may announce IPO price band on Nov 30 or Dec 1: Sources
Issue size placed at about Rs 1,344 cr, open to anchor investors on Dec 7 and to retail investors from Dec 8-10
 "Alkem may announce IPO price band on Nov 30 or Dec 1: Sources")
Dr Lal PathLab's Rs 630-cr IPO to open Dec 8
Price band set at Rs 540-550 per share; 15% discount offered to retail investors
 "Dr Lal PathLab's Rs 630-cr IPO to open Dec 8")
Dr Lal PathLabs gets Sebi's approval for IPO
Company hopes to raise funds through IPO in next one or two months
 "Dr Lal PathLabs gets Sebi's approval for IPO")
Dr Lal PathLabs IPO to hit markets soon
The company is well-positioned to leverage upon one of the fastest-growing segments of the Indian healthcare industry
 "Dr Lal PathLabs IPO to hit markets soon")
Over 60% cos that debuted this year trade above issue price
This year, 18 firms that have so far launched IPOs, raising Rs 11,000 cr, making it the best in four years in terms of fund raising
Healthcare Global gets Sebi nod for IPO
The shares are proposed to be listed on BSE and NSE
 "Healthcare Global gets Sebi nod for IPO")
Sebi frowns at low retail IPO demand
Plans to raise issue with investment bankers
 "Sebi frowns at low retail IPO demand")
SH Kelkar soars 17% on trading debut
Successful listing comes within a week of IndiGo's trading debut
 "SH Kelkar soars 17% on trading debut")
Mahanagar Gas joins IPO party; files draft papers with Sebi
The IPO would be of up to 24,694,500 shares of Mahanagar Gas Limited, as per the Draft Red Herring Prospectus (DRHP) filed with Sebi
Vodafone says started preparations for IPO of Indian unit
An IPO for the Indian unit has been delayed by a long-running tax dispute with the government and fierce competition in the market
 "Vodafone says started preparations for IPO of Indian unit")
