IPO Financial News

03.11 / 05:03

markets IPO Analysis Food Trade Experts band Swiggy IPO: GMP at 5% in unlisted market 3 days ahead of issue opening

Swiggy stood at 5% or Rs 19 in the unlisted market three days ahead of its initial public offering (IPO), which will hit the Street on November 6 and will be available till November 8. However, a month ago, Swiggy shares were trading at Rs 515 in the unlisted market.

02.11 / 06:31

markets UPS IPO Food Trade Experts Celebrity Amitabh Bachchan to Rahul Dravid: Know the star-studded lineup of Swiggy’s celebrity investors as IPO nears

Swiggy gears up for its high-profile IPO next week, anticipation is high among its celebrity investors, who acquired stakes in the food delivery giant early on. These high-profile stakeholders could stand to benefit significantly from a successful market debut as Swiggy transitions from a private entity to a publicly traded company. A host of celebrities from entertainment and sports have bet on India's food and grocery delivery market, hoping that Swiggy would capture the lion's share of the market.

02.11 / 04:45

markets UPS IPO Analysis Trade Experts Executive search firm EMA Partners India to launch IPO

Executive search firm EMA Partners India is planning to launch an initial public offering (IPO) with a maximum offer of up to Rs 100 crore subject to approval.

02.11 / 00:37

COST IPO Booking security Covenant guidelines HDB IPO: Two concerns that could hurt the HDFC Bank subsidiary’s valuation

Subscribe to enjoy similar stories. As HDB Financial Services Ltd prepares for a nearly $1.5 billion initial public offering of shares, two key factors could potentially impact its valuation: a recent proposal to regulate banks’ group businesses and HDB’s rising bad loans. HDB Financial Services said in its draft red herring prospectus, or its IPO filing, that its parent, HDFC Bank Ltd, may have to reduce its stake in the company to below 20% if the Reserve Bank of India implements its draft proposal in the current form.

01.11 / 00:07

markets IPO Career wellness trends performer information WhiteOak’s Aashish Somaiyaa on the need to rebalance portfolios in Samvat 2081

Subscribe to enjoy similar stories. As India’s equity markets approach Samvat trading—a special session conducted during an auspicious hour on Diwali, 1 November—it would be wise not to focus much on sectors that delivered high returns in recent years, says Aashish Somaiyaa. The chief executive of WhiteOak Capital AMC expects that recent changes in market trends will continue during Samvat 2081, which marks the beginning of a new Hindu year.

31.10 / 10:37

markets IPO Manufacturing Analysis Trade Experts Waaree Energies shares surge 80% over issue price post 12% gains today

Waaree Energies' shares zoomed 12% in today’s intraday session to a new record high of Rs 2,718, marking the fourth consecutive day of gains with strong trading activity. Following a strong debut at a premium of Rs 1,047 or 70%, the stock has surged over 80% from its issue price of Rs 1,503 per share.

31.10 / 03:57

markets UPS IPO security Analysis Trade Experts HDFC Bank's arm HDB Financial files papers for Rs 12,500 crore IPO

HDB Financial Services, the non-banking lending unit of HDFC Bank, has filed for an initial public offering of up to Rs 12,500 crore ($1.49 billion), in line with its parent's announcement earlier this month. HDFC Bank, which holds a 94.6% stake in the lender, will sell shares worth up to Rs 10,000 crore, while HDB Financial will issue fresh shares worth up to Rs 2,500 crore according to draft papers filed late on Wednesday.

31.10 / 03:57

markets UPS IPO Analysis Trade Experts band Acme Solar Holdings fixes price band at Rs 275-289 for Rs 2,900 crore IPO. Check details

Acme Solar Holdings announced on Thursday a price band of Rs 275-389 for its initial public offering (IPO), which will be open for public subscription from Tuesday, November 5, to Friday, November 8. The bids can be made for a minimum quantity of 51 shares and in multiples of 51 thereof.

31.10 / 03:57

markets UPS IPO Analysis Food Trade Experts Bought Swiggy shares over Rs 500 prior to IPO? Here's what you can do

Swiggy gears up for its highly anticipated IPO, the food delivery giant has set its price band with an upper limit of Rs 390 per share. This might come as a little surprise for investors who acquired the company's unlisted shares when they were trading at around Rs 530 a month ago. There’s still a possibility that Swiggy shares could list at a premium, far higher than the IPO price if the issue garners strong demand and market sentiments are positive.

30.10 / 17:25

IPO Diwali mithai bullies can stuff themselves

Grandmums, mums and even 21st-century dads dole out laddoos, barfis and gulab jamuns as if they're IPOs. These Willy Wonkas with more ghee and less Oompa Loompas need to stop their Diwali-tide 'hard insisting', 'Oh, you MUST try another! You can gym it off later!' Refusing mithai should not be considered a cardinal paap whose prayaschit is to have mithai.

30.10 / 12:13

markets IPO security Food Trade Experts country Swiggy fixes IPO price band at Rs 371-390 per share, Rs 11,300 crore IPO to open from November 6

IPO) at Rs 371-390 per equity share of the face value of Re 1, according to an announcement by the Bengaluru-based Food and grocery delivery company on Wednesday. The IPO will be open for subscription from November 6-8.

30.10 / 08:19

IPO Provident Booking security Healthcare Trade band Sagility India IPO to open for subscription on November 5, price band fixed at Rs 28-30 per share

The IPO will consist entirely of an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, excluding expenses, will go to the selling shareholder, and Sagility India will not receive funds from the issue.

30.10 / 03:37

markets IPO Analysis Food Trade Experts band Swiggy sets price band at Rs 371-390 for Rs 11,327 crore IPO. Check details

Swiggy announced the price band for its upcoming Rs 11,327.43 crore IPO as Rs 371-390 apiece. The issue comprises a fresh issue of shares amounting to Rs 4,499 crore with an offer for sale (OFS) for 17,50,87,963 equity shares. At the upper end of the price band, the OFS component stands worth Rs 6,828.43 crore.

30.10 / 00:05

markets IPO Food Celebrity band performer reports Swiggy’s early backers set to reap a windfall in IPO

Subscribe to enjoy similar stories. Bengaluru: Swiggy Ltd’s early backers, including Accel, Apoletto, Elevation Capital and Norwest Venture Partners, are set to reap multifold gains on their investments as the food delivery and quick-commerce platform goes public in early November, according to a Mint analysis. The price band for Swiggy has been fixed in the range of ₹371-390 per equity share with a face value of ₹1, according to a Bloomberg report.

29.10 / 09:27

markets IPO Trade Chrysalis eyes fresh investment programme amid hopes of £200m liquidity boost

In a trading statement today (28 October), managers Richard Watts and Nick Williamson said the sale of Featurespace to Visa and Klarna's upcoming IPO, which they expect in the first half of 2025, could generate a total £200m of potential liquidity. This amount, which represents 38% of the trust's market cap, would be in addition to the trust's current £109m liquidity position, following $57m proceeds from the sale of Graphcore to SoftBank and the drawdown of a £70m loan facility from Barclays Bank. According to Chrysalis, the forthcoming liquidity from the Featurespace sale and Klar...

29.10 / 03:23

markets UPS IPO Booking Experts recommendations Updates Afcons Infrastructure IPO Day 3 Live Updates: Issue booked 36% so far. Check GMP, subscription status, review

₹1,621 crore from anchor investors. The IPO, valued at ₹5,430 crore, is set to remain open until today (Tuesday, 29 October).

29.10 / 00:29

markets IPO Waters Trade stage track Interviews Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say

BEIJING — Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise investor optimism over profitable exits.

29.10 / 00:03

markets IPO Analysis Hyundai Research Trade Experts Valuations, weak demand slow auto bull run

vehicle demand. The Nifty Auto index has declined over 11% in the past month as against the 5.7% decline in the benchmark Nifty. Analysts said the Auto index could drop at least 10-15% from the current levels. «Post-Covid, auto shares have experienced a bull run, and despite some adjustments over the past six months, valuations remain stretched,» said Krishna Appala, senior research analyst, Capitalmind Research. «If earnings growth doesn't hold up, corrections of around 10-15% are likely, as share prices have already surged over the last three years.»

28.10 / 15:25

markets IPO Trade Chrysalis considers fresh investment programme amid hopes of £200m liquidity boost

28.10 / 12:31

markets IPO Analysis Enterprise awards Research Trade Sebi approves IPOs of NTPC Green Energy, Avanse Financial Services

NTPC Green Energy, a wholly-owned subsidiary of NTPC. The company, which filed its draft prospectus in September, plans to raise Rs 10,000 crore through the IPO. The IPO is entirely a fresh issue of equity shares. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.

28.10 / 08:17

markets IPO Manufacturing Analysis Research Trade Experts Waaree Energies: Early birds Madhu Kela, Ravi Dharamshi make multibagger returns in solar play

Ravi Dharamshi, who backed Waaree Energies when hardly anyone else was talking about it, have made multifold returns on the solar energy stock, which got listed on the stock exchanges today. Madhu Kela's wife, Madhuri, owned 33,41,700 shares, or 1.27% equity in Waaree Energies. Disclosures made by the company in its red herring prospectus (RHP) show that Kela participated in a private placement in June 2023 and purchased 7.25 lakh shares at Rs 550 per share.

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