IPO Financial News

14.08 / 09:05

IPO Provident AXY JPMorgan band TVS Supply Chain IPO: Issue subscribed nearly 2x so far on Day 3. Check GMP and other details

The retail category was subscribed the most at 6.02 times, followed by non-institutional investors at 1.72. The part reserved for qualified institutional buyers was subscribed just 47% on Day 3. According to market sources, the company's shares are commanding a premium of Rs 3 in the unlisted market.

14.08 / 08:29

IPO Aviat band track country Aeroflex Industries sets price band of Rs 102-108 for its IPO

The company, which is backed by marquee investors Ashish Kacholia and others, plans to raise Rs 351 crore at the upper price band. The allocation to anchor investors will be done on August 21. The IPO comprises a fresh equity issue of Rs 162 crore and an offer for sale (OFS) of 1.75 crore equity shares.

14.08 / 08:15

IPO Booking Citigroup band Concord Concord Biotech IPO: What does GMP signal as focus shifts to listing date; Check key details here

allotment was finalised on August 11, the focus now shifts to the IPO listing date. Concord Biotech share listing is expected to take place on August 18, Friday, on BSE and NSE. However, ahead of the listing, let us take a look at the Concord Biotech IPO GMP, or grey market premium.

14.08 / 06:45

IPO band SBFC Finance IPO: Latest GMP signals strong debut of shares on listing date

SBFC Finance IPO: Listing date of the initial public offering (IPO) of SBFC Finance Limited can be announced any time today. As per the information available on BSE website, equity shares of SBFC Finance Limited shall be listed and admitted to dealings on the Exchange in due course. Afer BSE notice in regard to SBFC Finance IPO listing date published on Friday last week, Dalal Street observers are expecting share listing date today and the likely date for SBFC Finance IPO listing date is 16th August 2023.

14.08 / 06:45

IPO Booking band Aeroflex Industries IPO price band fixed. GMP, other details you should know

Aeroflex Industries IPO: The initial public offering (IPO) of Aeroflex Industries Limited is going to open on 22nd August 2023 i.e. on Tuesday next week. The company which was previously known as Suyog Intermediates Private Limited has fixed price band of the book build issue at ₹102 to ₹108 per equity share.

14.08 / 04:13

IPO Provident AXY NOT TVS Supply Chain IPO: Bidding ends today. GMP, subscription status, apply or not?

TVS Supply Chain IPO: The initial public offering (IPO) of TVS Supply Chain Solutions Limited opened for bidders on 10th August 2023 and it will remain open for bidding till 14th August 2023. This means, TVS Supply Chain IPO subscription is going to end today. After two days of bidding, the public issue worth ₹880 crore has sailed through as the issue has been fully subscribed despite weak stock market sentiments on Dalal Street.

14.08 / 03:41

UPS IPO love pop play Far East finds some love from Kazakh government for Indonesia play

Far East Gold was fronting investors with a share placement on Monday as it moved to fund exploration at its Indonesian projects.

14.08 / 01:59

IPO Provident MAIL Booking Aware Honda Hero Hero FinCorp in talks with I-banks for Rs 4,000-crore IPO

Hero FinCorp, an arm of India's largest two-wheeler maker, Hero MotoCorp, has interviewed investment banks over the past two weeks as it searches for underwriters for a planned initial public offering (IPO) of shares that could raise ₹4,000 crore, according to people aware of the matter. The financing arm of the two-wheeler maker that provides retail and business loans has interviewed 7-8 investment banks that include domestic and international players. It could finalise the list of advisers soon, according to people in the know.

14.08 / 01:29

UPS IPO Waves Digital Remark social Remember this 'traditional' approach while investing in new-age stocks like Zomato, Paytm

In recent months, hope has been bubbling around the world that digital businesses, which earlier appeared to be perennial lossmakers, may be able to make profits at some point. This hope has mostly been triggered by the build-up of the first quarterly profit that Uber has turned in. This, along with an apparent improvement in the basic numbers of some digital businesses, has led to a rally in some of these stocks.

13.08 / 18:13

Citi IPO AXY Strategy country India’s appeal as alternative to China rises: Citi’s Khullar

MUMBAI : In a strategic shift, Citi India sold its retail business to Axis Bank and is now focussed on its institutional business and global capability centres (GCCs). By the end of this year, the bank’s GCCs that go beyond just being a back office to its global operations will employ around 30,000 people. In an interview, Citi India chief executive officer Ashu Khullar emphasized that while India is not the only option to counter the world’s dependence on China, it is a credible option, and the bank is seeing growing interest among clients to invest.

13.08 / 15:55

IPO Provident NASDAQ SoftBank T-Mobile stake Exclusive-SoftBank in talks to buy Vision Fund's 25% stake in Arm -sources

By Echo Wang and Anirban Sen

13.08 / 15:55

COST IPO Digital Amazon Tapestry reports Deal 4 big deal reports: Michael Kors parent rockets on huge buyout deal with Tapestry

By Davit Kirakosyan

13.08 / 15:27

IPO Provident NASDAQ SoftBank T-Mobile stake SoftBank in talks to buy Vision Fund’s 25% stake in Arm

SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering a win for investors who have waited years for strong returns. The discussions come as Softbank is preparing to list the chip designer on Nasdaq next month at a valuation of $60 billion to $70 billion. If the negotiations lead to a deal, the Japanese tech investor would be delivering a major, immediate windfall to VF1 investors, including Saudi Arabia's Public Investment Fund and Abu Dhabi's Mubadala.

13.08 / 12:41

UPS IPO AXY Manufacturing EPACK Durable to raise funds through IPO, files papers with Sebi

₹400 crore and an offer-for-sale (OFS) of 1.3 crore equity shares by promoters, promoter group members, and existing shareholders. Under the OFS, two investor shareholders -- India Advantage Fund S4 I and Dynamic India Fund S4 US1 -- will be offloading shares, apart from promoters. The proceeds of the initial public offering will be used to fund capital expenditure for setting up of manufacturing facilities, payment of loans, and general corporate purposes.

13.08 / 12:41

UPS IPO Enterprise band IPOs week Pyramid Technoplast, TVS Supply Chain Solutions, other IPOs to watch closely this week

open for subscription on 18 August with a fixed price band of ₹151-166 per share with a bid for a minimum of 90 shares in a lot. The anchor investor allocation will be conducted for a day on 17 August. The packaging company is aiming to raise around ₹139 crore to ₹150 crore through a fresh issue of 55 lakh shares and an offer-for-sale of 32.7 lakh shares.

13.08 / 06:27

UPS IPO Provident Action Fighting track Mayfair promoter James Mawhinney emerges to run anti-scam service

James Mawhinney, the investment fund promoter whose Mayfair 101 business was found to have misled potential customers, is behind a new service which says it helps Australians avoid investment scams by providing free verifications that the product provider is legitimate.

13.08 / 04:57

UPS IPO FIVE NIFTY Vodafone band track week CPI data, FII mood among 8 factors to drive D-Street this week

Therefore, rangebound trade could be seen in indices in the truncated week ahead. The stock markets are closed on Tuesday for Independence Day.

13.08 / 00:51

IPO Target NIFTY SENSEX performer country week Macro data, global cues, FII inflows & more: Key triggers for stock markets this week

top drag on the Sensex index, followed by those of ICICI Bank, Infosys and Hindustan Unilever. Mid and smallcaps also fell but they still outperformed the benchmark. The BSE Midcap index ended 0.13 per cent lower while the Smallcap index ended with a loss of 0.31 per cent.

12.08 / 12:55

UPS IPO Lowe's Progressive Action Why Mahantesh Sabarad is bullish on ITC

ITC has been welcomed by the investors and the direction for the company will probably continue to remain positive, says Mahantesh Sabarad, Market Expert. Edited excerpts.We have seen a bit of a comeback in terms of inflation. Whether it is tomatoes, wheat prices, rice prices and of course sugar prices are also expected to inch higher. Does all of this put a bit of a question mark in terms of where inflation is headed. And do you think that is the nervousness that the market is dealing with right now? I think you are probably right.

12.08 / 10:45

UPS IPO RK Swamy Ltd files DHRP with SEBI; first-ever IPO by integrated marketing firm

capital market regulator Securities and Exchange Board of India (SEBI). The initial public offering (IPO) of the firm, comprises a fresh issue of aggregating up to ₹215 crore and an offer for sale of up to 8,700,000 equity shares by selling shareholders.

12.08 / 10:45

IPO Digital Booking band NOT TVS Supply Chain IPO: Latest GMP, subscription status. Apply or not?

TVS Supply Chain IPO: The Initial Public Offering (IPO) of TVS Supply Chain Solutions Ltd opened for bidding on 10th August 2023 and it will remain open for bidding till 14th August 2023. This means, TVS Supply Chain IPO subscription will end on Monday next week. After two days of bidding, the public issue worth ₹880 crore has been subscribed 1.03 times whereas its retail portion has been subscribed 3.62 times.

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