IPO Financial News

Hexaware Technologies shares are set to make a debut on the NSE and BSE platforms on Wednesday. However, the grey market premium (GMP), ahead of the listing, has vanished to stand at 0%. Thus, the GMP indicates subdued demand and cautious sentiment among investors as the absence of any premium highlights the uncertainty surrounding the stock's performance post-listing.

NSE SME platform today, Wednesday, February 19. Ahead of the listing, the company's shares are reflecting no Grey Market Premium (GMP), indicating a 0% listing gain over their IPO price. Thus, the GMP indicates a flat demand among the market participants as the premium in the grey markets.

JP Morgan Chase was one of several banks that advised on the floatation on the London Stock Exchange, which marked the largest IPO on London's markets in more than two years.  However, since launch, the French film giant has seen its share price slide, dropping from highs of 299p to around 190p at the time of reporting, according to data from MarketWatch.  Canal+ crosses Channel to list on the London Stock Exchange following disbanding of Vivendi Now, JPMAM is betting on that share price ailing further, as it hopes to cash in on the decline. According to the Financial Conduct Autho...

The retail portion of the issue was subscribed 2.33 times, while the issue was subscribed by 95% in the non-institutional investors’ category on the final day of bidding. Meanwhile, the qualified institutional buyers had subscribed by 2.71 times of the allotted portion.

The retail portion of the issue was subscribed by 4.7 times, while the issue was subscribed by 2.33 times in the non-institutional investors’ category on the second day of bidding. Meanwhile, the qualified institutional buyers had subscribed by 10% of the allotted portion.

₹599 to ₹629 per share. The company announced on Friday that it has raised over ₹379 crore from anchor investors, just ahead of the initial share-sale launch.

Subscribe to enjoy similar stories. KRN Heat Exchanger, a small but ambitious industrial player, made a remarkable debut with its initial public offering (IPO)—oversubscribed 213 times—raising ₹342 crore. Impressively, it debuted at ₹480 per share, a premium of 118%.

Subscribe to enjoy similar stories. Mumbai: After more than two years of a funding slowdown in the edtech ecosystem and mismatched valuation expectations in the private markets, these startups are gearing up for a public listing in the next 1-2 years. Professional learning provider Imarticus, B2B edtech platform Classplus, online higher education company Jaro Education, and full-stack edtech unicorn Physics Wallah are among those that have set the ball rolling for their public market debut.

Subscribe to enjoy similar stories. New Delhi: Homegrown data centre and cloud computing services provider Yotta Data Services has filed its final application with the United States Securities and Exchange Commission (SEC) to list on the Nasdaq stock exchange, chief executive Sunil Gupta told Mint in an interview.

Osaka Gas Co, Sumitomo Corporation, Japan Bank for International Cooperation (JBIC) and Konoike Transport is planning to double its stake in city gas distribution company AG&P Pratham ahead of its IPO planned next year, according to sources aware of the development. This will make the consortium a majority stakeholder in the I-Squared Capital-backed company, which was last year valued at $1.5 billion.

The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and small cap stocks.

Urbanclap Technologies has converted into a public entity, according to regulatory filings made with the Ministry of Corporate Affairs (MCA).

Backed by Singapore-based investment firm AT Capital and Dutch energy & commodity trading company Vitol, Juniper has hired ICICI Securities, JM Financial and HSBC to launch a Rs 3000-crore IPO, said people aware of the development. The money will be raised through primary offering of shares, said sources.

SME IPO of Amwill Healthcare, which opened for subscription on Wednesday, was fully subscribed by the final day of bidding, achieving an overall subscription of 1.68 times as of 11:00 AM. The retail portion of Amwill Healthcare's SME IPO was subscribed 2.41 times, while non-institutional investors subscribed to 81% of their allocated quota. Meanwhile, demand from qualified institutional buyers (QIBs) remained steady at 2.19 times.

«We are not talking about the near-term pain that we are seeing in equity market because of the short-term headwinds that we are seeing in India,» says Manish Sonthalia, Emkay Investment Managers. Capital market stocks. So, I am assuming that Motilal Oswal is also looking good as a stock for a fund manager like you. Manish Sonthalia: See, I do not want to talk about individual companies, but suffice to say that this entire theme, because it is leveraging a lot of technology and these are somewhat annuity sort of businesses, not specifically the online broking piece, but other pieces across the spectrum. Just one name, it is across the spectrum and mind you why I am saying this is because in India's case, the financial sector is leading the real sector.

company plans to raise around Rs 78 crore through its IPO. The company plans to use the net proceeds from the IPO to be used for repayment of debt, working capital requirements and general corporate purposes.

TBTG's IPO, valued at around £350m, comes after a poor year for listings on UK's main stock exchange market in 2024. London Stock Exchange suffers lowest IPO volume on record in 2024 An EY report in January found that the London Stock Exchange saw 88 delistings in 2024, while just 18 IPOs took place on the main market and AIM. However, despite the low volumes of listings, the value of the IPOs significantly trumped the proceeds raised in 2023, with a 256% rise year-on-year from £953.7m to £3.4bn.  The Beauty Tech Group is yet to come up with any details about its float. ...

The SME IPO of Amwill Healthcare, which opened for subscription on Wednesday, was fully subscribed by the second day of bidding, reaching an overall subscription of 1.15 times as of 11:00 AM. The retail portion saw a subscription of 1.37 times, while non-institutional investors subscribed to 49% of their allocated quota. Meanwhile, qualified institutional buyers (QIBs) showed strong demand, subscribing 2.19 times to the issue.

Hexaware Technologies will launch its Rs 8,750-crore initial public offering (IPO) on February 12, with a price band of Rs 674-708 per share. The IPO is a pure Offer for Sale (OFS), with promoter Carlyle offloading its stake. Post-IPO, Carlyle's stake will drop to 74.1% from the current 95%.

Subscribe to enjoy similar stories. Sify Infinite Spaces, the data centre business of Nasdaq-listed Sify Technologies Ltd., is looking to tap capital markets in India to raise ₹3,000 crore through an initial public offering (IPO), according to three people aware of the matter. “The firm has appointed investment banks to help it with the process," the first person cited above said on the condition of anonymity.