IPO Financial News

Jupiter Life Line Hospitals saw a steady response from investors on the first day of the bidding process. The issue, which closes on September 8, was subscribed 46% so far. The non-institutional investors category was subscribed 60%, while that of retail investors was subscribed 66%.

IPO Subscription Status: The initial public offering (IPO) of Jupiter Life Line Hospitals Ltd, the multi-specialty tertiary and quaternary healthcare provider, opened for public subscription today. The IPO, which will close on September 8, has so far received decent response from investors. Jupiter Life Line IPO has been subscribed 0.47 times so far on September 6, the first day of the bidding process.

The non-institutional category was subscribed the most at 90.04 times, followed by retail investors at 39.67 times. The demand from qualified institutional buyers (QIB), which stayed muted for the first two days, also picked up pace on the last day with the category subscription at nearly 23 times. According to market analysts, the company's shares are commanding a premium of Rs 60 in the unlisted market. The IPO is a combination of a fresh issue and an offer for sale (OFS).

Former Morrison government transport minister Michael McCormack had competition concerns at the front of his mind in 2018 when he set limits on Qatar Airways expanding in Australia.

«I do not think people expecting them to grow very much but the PE expansion is now getting into a zone which hopefully the festive season will give one positive surprise to us but if it does not you could have a lot of grief sitting all there,» says Ajay Srivastava, Dimensions Corporate.Just wanted to understand what do you make of the strength in the mid and the small caps and the disconnect with what the large cap universe has been doing? Do you think it is getting a little toppish when it comes to individual segments at least within the mid and small cap universe and is it time to tread with caution?I keep saying this again and again that this India is a market of flows, I think that is where we are at this point of time that the midcap, small cap, mutual funds are driving this market into PE expansion. I do not think people expecting them to grow very much but the PE expansion is now getting into a zone which hopefully the festive season will give one positive surprise to us but if it does not you could have a lot of grief sitting all there.

TSMC, the world's largest contract chipmaker, will decide this week whether to invest in chip designer Arm Holdings' blockbuster initial public offering (IPO), Chairman Mark Liu said on Wednesday. Speaking on the sidelines of the SEMICON Taiwan summit, Liu said his company was still evaluating the matter and, when pressed on when a decision may come, he added «this week».

₹31 apiece, a premium of 3.33% to the issue price of ₹30 per share. Sahaj Fashions IPO had received a decent response from investors. The public issue was subscribed 7.75 times in total during its subscription period from August 25 to August 29.

₹66.35 crore from this initial offer. Data on NSE shows retail individual investors subscribed 84.5 crore shares of the company while qualified institutional buyers (QIBs) bought 13.53 crore shares of the company in the IPO out of which foreign institutional investors(FIIs) bought 4.99 crore shares of the company and domestic financial institutions bought 1.66 crore shares. The remaining shares (6.88) in the QIB segment were bought by 'others'.

₹695-735 per share and the offer will close on Friday, September 8. Jupiter Life Line IPO issue size is ₹869.08 crore which comprises a fresh issue of equity shares worth ₹542 crore and an Offer For Sale (OFS) of 44.5 lakh equity shares by promoter group entities and other shareholders. The lot size for the Jupiter Life Line Hospitals IPO is 20 shares and the minimum investment amount required by retail investors is ₹14,700.

startups toward going public as its success would signal the return of investor appetite for technology companies. Several other big names including grocery delivery service Instacart Inc, marketing automation platform Klaviyo and footwear brand Birkenstock are expected to list their shares on U.S. exchanges in the coming weeks.

₹261 crore from anchor investors ahead of its Initial Public Offering (IPO) that opens for subscription today, Wednesday. The company on Tuesday said it decided to allocate 35.47 lakh equity shares to 39 entities at ₹735 apiece, which is also the upper end of the price band. Singapore Government, Abu Dhabi Investment Authority, Goldman Sachs, Fidelity Funds, Nomura, HDFC Mutual Fund (MF), Nippon India MF, Axis MF, Kotak Mahindra MF, Aditya Birla Sun Life MF, SBI Life Insurance Company and HDFC Life Insurance, are among the anchor investors.

New Street Research analyst Pierre Ferragu said in a research note Tuesday that the reported Arm Holdings (ARM) IPO range is an «attractive valuation.»

According to CEO Luca de Meol, Renault 's (EPA:RENA) Ampere electric vehicle division, set to go public through an initial public offering (IPO), might attain a valuation of around €10 billion ($10.8 billion).

British chip designer Arm Ltd. is targeting a valuation of more than $52 billion from what is expected to be the largest initial public offering this year, according to the company’s latest regulatory filing. SoftBank Group, Arm’s owner, plans to sell roughly 10% of the total shares outstanding, setting a share sale price of between $47 to $51 apiece.

Sebi to raise funds through an IPO. In Sebi's parlance, a final observation letter is equivalent to approval. SAMHI Hotels had filed preliminary IPO papers with Sebi in March. The issue comprises a fresh equity of Rs 1,000 crore and an offer for sale (OFS) of 9 million shares by selling shareholders. Under the OFS, Blue Chandra Pte will offload 4.23 million shares, Goldman Sachs will sell up to 2.48 million units.

https://ipo.bigshareonline.com/ipo_status.html Login at direct Bigshare link — https://ipo.bigshareonline.com/ipo_status.html Select "CPS Shapers IPO" in company name section. Select 'Application No/CAF No or Beneficiary ID or PAN Number. Click at 'Search' Your CPS Shapers IPO allotment status will become available on your computer monitor on the display of your cell phone.

₹1,000 crore and an Offer For Sale (OFS) of 90 lakh equity shares by existing shareholders. ALSO READ: Rishabh Instruments IPO: Latest GMP, how to check allotment status online The OFS consists of the sale of 42.36 lakh equity shares by Blue Chandra Pte Ltd, up to 24.78 lakh equity shares by Goldman Sachs Investments Holdings (Asia) Ltd, up to 15.47 lakh equity shares by GTI Capital Alpha Pvt Ltd, and up to 7.39 lakh equity shares by International Finance Corporation. It is a partial exit by the existing shareholders to meet the listing regulations.

₹200 crore through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth ₹200 crore, and an offer-for sale of up to 9.13 million shares by existing shareholders, including the promoter group. The sofa maker said that founders Shubha Sunil and Sunil Suresh plan to sell up to 1.18 million shares in the OFS, while Oman India Joint Investment Fund II plans to offer up to 5.54 million shares.

ipo subscription status: Ratnaveer IPO was subscribed 21.78 times on day 2. Ratnaveer Precision Engineering IPO opened for subscription on Monday, September 4, and will close on Wednesday, September 6. Ratnaveer IPO received positive response from retail investors, non-institutional investors (NIIS), and Qualified institutional buyers (QIBs) on day 2.

SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering as the chip designer heads for the biggest stock market flotation of the year. SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 to $51 apiece and aims to raise up to $4.87 billion at the top of the range, a regulatory filing showed on Tuesday.

Ashi Anand, CIO-IME-branded strategies, Valcreate Investment Managers LLP, says “a lot of froth around the IPO market clearly is an area of concern. One can also see this around certain themes which are more popular. So, you start seeing valuations having a disconnect with underlying fundamentals starting to really factor in a lot of the growth and valuations of companies without very strong cash flows, without healthy ROEs and balance sheets not as great starting to command 50, 60, 70 PE upward. All these are very clearly signs of froth being built up in certain areas.”Do you think a lot of spaces are getting overbought, overvalued now and one needs to have a lot of caution while making fresh investments into any of those verticals?I would think so. In the small and midcap space, we have seen very sharp run-ups especially in anything related to capital goods, defence and railways; some of these have started becoming extremely expensive. We are starting to counter a lot of the optimism around some of these themes. In some cases, actual implementation and actual growth around capital goods will take some more time. We are factoring in all of this positivity up front and seeing this in this space but across the range, we are more concerned around mid and smallcaps compared to the largecap space. We are seeing greater value and greater comfort in largecaps. That is broadly the way we are seeing the market.