New Delhi, Dec 7 (PTI) Pharmacy retail chain MedPlus Health Services on Tuesday fixed a price band of Rs 780-796 a share for its Rs 1,398 crore initial share-sale, which will open for public subscription on December 13. The three-day initial public offering (IPO) will close on December 15. The bidding for anchor investors will [...]
New Delhi, Dec 7 (PTI) Footwear retailer Metro Brands Ltd, backed by Rakesh Jhunjhunwala, on Tuesday, fixed a price band of Rs 485-500 a share for its Rs 1,368-crore initial share sale. The initial public offering (IPO) will open for public subscription on December 10 and conclude on December 14. The bidding for anchor investors [...]
New Delhi, Dec 6 (PTI) RateGain Travel Technologies on Monday said it has raised Rs 599 crore from anchor investors ahead of its IPO (initial public offering) rollout on Tuesday. The company has decided to allocate 1,40,90,136 equity shares to 34 anchor investors at Rs 425 apiece, valuing the transaction size to Rs 598.83 crore, [...]
New Delhi, Dec 6 (PTI) The initial public offer of Anand Rathi Wealth Limited, part of Mumbai-based financial services group Anand Rathi, received 9.78 times subscription by the closing day on Monday. The Rs 660-crore IPO received bids for 8,29,21,509 shares against 84,75,000 shares on offer, according to data available with the NSE. The category [...]
New Delhi, Dec 6 (PTI) Digital mapping company MapmyIndia, which powers Apple maps, has fixed a price band of Rs 1,000-1,033 a share for its Rs 1,040-crore initial share-sale, which will open on December 9. The three-day initial public offering (IPO) will conclude on December 13. The bidding for anchor investors will open on December [...]
Inox Wind on Monday said the board of its arm Inox Green Energy Services Ltd has approved fundraising of Rs 500 crore through an initial public offering of its equity shares. Inox Wind is a fully integrated player in the wind energy market with state-of-the-art manufacturing plants near Ahmedabad (Gujarat) for blades & tubular towers [...]
New Delhi, Dec 6 (PTI) A total of Rs 52,759 crore has been raised by 61 companies through initial public offers till October this fiscal, higher than the funds mopped up through this route in the last financial year, the government told the Lok Sabha on Monday. Out of the 61 companies that hit the [...]
New Delhi, Dec 6 (PTI) Shriram Properties has fixed a price band of Rs 113-118 a share for its Rs 600-crore initial share sale, which will open for public subscription on December 8. The three-day initial public offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7, according [...]
New Delhi, Dec 5 (PTI) Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021. The non-performing assets (NPAs) as of March 31, 2021, are Rs 35,129.89 crore out of a total portfolio of Rs 4,51,303.30 crore, according to the latest Annual [...]
New Delhi, Dec 5 (PTI) The initial share-sale of footwear retailer Metro Brands Ltd, which is backed by Rakesh Jhunjhunwala, will open for public subscription on December 10. The initial public offering (IPO) will conclude on December 14, according to the red herring prospectus. The initial share-sale comprises fresh issuance of equity shares worth Rs [...]
