Latest News on Upcoming IPO’s

New Delhi, Jan 11 (PTI) Organic food company Sresta Natural Bioproducts Ltd has filed preliminary documents with capital markets regulator Sebi to raise Rs 500 crore through an initial share-sale.The initial public offering (IPO) comprises fresh issue of equity shares aggregating up to Rs 50 crore and an offer-for-sale of up to 70,30,962 equity shares [...]

New Delhi, Jan 10 (PTI) Pure-play data analytics and insights compay Course5 Intelligence Ltd has filed preliminary documents with markets regulator Sebi to raise Rs 600 crore through an initial share-sale. The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 300 crore and an Offer For Sale of [...]

Kochi, Jan 7 (PTI) The seventh edition of Seeding Kerala, the Kerala Startup Mission's (KSUM) flagship initiative to attract angel investors, high net worth individuals (HNIs) and leading investors by showcasing investment opportunities in startups, will be held here on February 2 and 3, a release said on Friday. The two-day event, hosted by the [...]

New Delhi, Jan 7 (PTI) Life insurers' collective new business premium income stayed nearly flat from a year ago at Rs 24,466.46 crore in December 2021, data from Irdai showed on Friday. The new business premium, or the first year premium, of 24 life insurance companies had stood at Rs 24,383.42 crore in December 2020. [...]

New Delhi, Jan 7 (PTI) Finance Minister Nirmala Sitharaman on Friday reviewed the progress of the planned disinvestment of the country's largest insurer LIC. The initial public offering (IPO) of Life Insurance Corporation (LIC), touted to be the biggest ever in the country's history, is expected to hit the markets by March. "Union Finance Minister [...]

New Delhi, Jan 7 (PTI) Yarn manufacturer Sanathan Textiles has filed preliminary documents with markets regulator Sebi to raise as much as Rs 1,300 crore through an initial public offering (IPO). The initial share-sale comprises fresh issue of equity shares aggregating up to Rs 500 crore and an offer-for-sale of up to 1.14 crore equity [...]

New Delhi, Jan 7 (PTI) Customer experience and technology services provider CSS Corp on Friday said it has appointed former Wipro executive Ashok Philipose as its Executive Vice President and Chief Delivery Officer.Philipose will lead CSS Corp's global delivery and operations, and also serve as an integral part of the executive leadership team, influencing the [...]

New Delhi, Jan 6 (PTI) The commerce and industry ministry is making changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC, after taking views from the finance ministry, a top government official said on Thursday. Anurag Jain, secretary in the Department for Promotion of Industry and Internal [...]

Mumbai, Jan 5 (PTI) The rupee surged 23 paise to close at 74.35 (provisional) against the US dollar on Wednesday, tracking gains in domestic equity markets.At the interbank forex market, the local unit opened up at 74.54 against the greenback and witnessed an intra-day high of 74.30 and a low of 74.55. It finally settled [...]

MUMBAI, India, Jan. 5, 2022 /PRNewswire/ -- Speciality chain Of Cardiac Clinics, Vaidya Sane Ayurved Laboratories Limited, a unique medical service institution popularly known as 'Madhavbaug' that treats chronic ailments like cardiac disease, diabetes, hypertension and obesity with the distinctive outlook of amalgamating technology with traditional healing of Ayurveda has filed its draft red herring [...]

Mumbai, Jan 3 (PTI) 9Unicorns, an accelerator fund, is targeting to nearly double its investments in start-ups in the new year by infusing over Rs 400 crore, a senior official said on Monday. The city-based platform invested USD 32 million or Rs 240 crore in 2021 in 101 deals, as per an official statement. "Next [...]

New Delhi, Jan 3 (PTI) GPT Healthcare, which runs the chain of ILS Hospitals, has received capital markets regulator Sebi's go-ahead to raise up to Rs 500 crore through an initial share sale. The Initial Public Offering (IPO) comprises fresh issuance of equity shares worth Rs 17.5 crore and an Offer For Sale (OFS) of [...]

New Delhi, Dec 31 (PTI) Shares of cash management company CMS Info Systems Ltd on Friday listed at a nearly 2 per cent premium before settling with around 10 per cent gains compared to its issue price. The stock listed at Rs 218.50, a gain of 1.15 per cent on the BSE. During the day, [...]

Mumbai, Dec 28 (PTI) The IPO-bound Life Insurance Corporation of India (LIC) has sought Expression of Interest from bidders to provide consultancy services for its digital transformation.The Expression of Interest (EoI) has been invited from eligible management and strategy consultants who can evaluate the insurer's current IT setup, map it with current trend and best [...]

New Delhi, Dec 28 (PTI) Shares of Supriya Lifescience Ltd on Tuesday listed at a premium of over 55 per cent against its issue price of Rs 274 and settled with over 42 per cent gains. The stock was listed at Rs 425, reflecting a jump of 55.10 per cent against the issue price on [...]

New Delhi, Dec 27 (PTI) Shares of HP Adhesives on Monday listed with a premium of over 16 per cent against the issue price of Rs 274 and settled with a gain of more than 22 per cent.The stock listed at Rs 319, a gain of 16.42 per cent from the issue price on BSE. [...]

New Delhi, Dec 27 (PTI) Venus Pipes & Tubes has filed draft papers with markets regulator Sebi to raise funds through an initial share sale.      Through the Initial Public Offering (IPO), 50.74 lakh equity shares of the company will be sold, according to the Draft Red Herring Prospectus (DRHP).      Proceeds from the [...]

New Delhi, Dec 26 (PTI) Sports and athleisure footwear company Campus Activewear has filed preliminary papers with capital markets regulator Sebi to mop up funds through an initial share-sale. The initial public offering (IPO) is entirely an offer for sale (OFS) of 5.1 crore equity shares by promoters and existing shareholders, according to the draft [...]

New Delhi, Dec 26 (PTI) Travel services provider TBO Tek Ltd has filed preliminary prospectus with capital markets regulator Sebi to raise Rs 2,100 crore through an initial public offering (IPO).       The public issue comprises fresh issue of equity shares of up to Rs 900 crore and an offer for sale worth up to Rs [...]

New Delhi, Dec 25 (PTI) Protean eGov Technologies (formerly known as NSDL E-Governance Infrastructure) has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering. The public issue is purely an offer of sale (OFS) of 1.2 crore equity shares, according to the draft red herring prospectus (DRHP). Those [...]

New Delhi, Dec 24 (PTI) Hexagon Nutrition has filed preliminary papers with capital market regulator Sebi to raise up to Rs 600 crore through an initial public offering (IPO). Mumbai-based Hexagon Nutrition is a fully integrated company engaged in product development and marketing, including research and development and nutrition manufacturing.The company's public issue consists of [...]

New Delhi, Dec 24 (PTI) Shares of Data Patterns (India) Ltd, which supplies electronic systems to defence and aerospace sector, on Friday listed with nearly 48 per cent higher against the issue price of Rs 585 and settled with 29 per cent gains. The stock listed at Rs 864, reflecting a premium of 47.69 per [...]

New Delhi, Dec 23 (PTI) Cash management company CMS Info Systems Limited's initial public offering was subscribed 1.95 times on the last day of subscription on Thursday.The IPO received bids for 7,32,71,721 shares against 3,75,60,975 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) was subscribed 2.15 times, while Qualified Institutional [...]

New Delhi, Dec 23 (PTI) Shares of Medplus Health Services on Thursday listed with a premium of nearly 31 per cent against the issue price of Rs 796 and settled with a gain of nearly 41 per cent. The stock listed at Rs 1,015, a gain of 27.51 per cent against the issue price on [...]

New Delhi, Dec 22 (PTI) The initial public offering of cash management company CMS Info Systems Limited was subscribed 66 per cent on the second day of subscription on Wednesday.The IPO received bids for 2,47,38,294 shares against 3,75,60,975 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) received 1.30 times subscription, [...]

New Delhi, Dec 22 (PTI) Shares of footwear retailer Metro Brands on Wednesday listed with a discount of nearly 13 per cent from the issue price of Rs 500 and settled over 1 per cent lower.The stock listed at Rs 436, a decline of 12.8 per cent against the issue price on BSE. During the [...]

New Delhi, Dec 22 (PTI) Leading internet service provider Asianet Satellite Communications Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 765 crore through an initial share sale. The initial public offering (IPO) consists of a fresh issue of equity shares aggregating to Rs 300 crore, and an offer for sale [...]

New Delhi, Dec 22 (PTI) Bharat FIH, a subsidiary of FIH Mobiles and a Foxconn Technology Group company, has filed preliminary documents with markets regulator Sebi to raise over Rs 5,000 crore through an initial public offering (IPO). The public issue comprises fresh issue of shares worth Rs 2,502 crore and an offer for sale [...]

New Delhi, Dec 21 (PTI) The initial public offering of cash management company CMS Info Systems Limited was subscribed 40 per cent on the first day of subscription on Tuesday. The IPO received bids for 1,48,92,132 shares against 3,75,60,975 shares on offer, according to NSE data. The category for Retail Individual Investors (RIIs) was subscribed [...]

New Delhi, Dec 21 (PTI) Shares of CE Info Systems Ltd, the parent of digital mapping company MapmyIndia, on Tuesday listed with a premium of 53 per cent against its issue price of Rs 1,033 and finally settled with a gain of 35 per cent.The stock made its debut at Rs 1,581, a huge gain [...]

New Delhi, Dec 20 (PTI) The initial public offer of Supriya Lifescience Limited was subscribed 71.51 times on the last day of share sale on Monday. The initial share sale received bids for 1,03,89,57,138 shares against 1,45,28,299 shares on offer, according to NSE data. The category for non-institutional investors was subscribed 161.22 times while that [...]

New Delhi, Dec 20 (PTI) The initial public offer of Supriya Lifescience Limited was subscribed 71.47 times on the last day of share sale on Monday.The initial share sale received bids for 1,03,83,31,980 shares against 1,45,28,299 shares on offer, according to NSE data.The category for non-institutional investors received 161.22 times subscription, while those for Retail [...]

Mumbai, Maharashtra, India (NewsVoir) Cyril Amarchand Mangaldas acted as legal counsel to the book running lead managers on initial public offering (IPO) of FSN E-Commerce Ventures Limited (Nykaa), comprising of 47,575,326 equity shares of face value of INR 1 each for cash at a price of INR 1,125 per equity share (including a share premium [...]

New Delhi, Dec 20 (PTI) Le Travenues Technology Ltd, which operates travel platform Ixigo, has received markets regulator Sebi's go-ahead to raise Rs 1,600 crore through an initial share-sale. Apart from this, cardiac stent maker Sahajanand Medical Technologies and food and beverage major Keventer Agro have received regulatory approval from Sebi to float their initial [...]

New Delhi, Dec 19 (PTI) Cardiac stent maker Sahajanand Medical Technologies, which has been expanding its presence through buyouts, will continue to explore strategic partnerships and acquisition opportunities to fast-track entry into advanced high growth products, its top official said on Sunday. The company purchased medical devices firm Vascular Concepts in 2020 following the acquisitions [...]

New Delhi, Dec 19 (PTI) The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and preparatory work is still far from complete. There are still some issues that [...]

New Delhi, Dec 19 (PTI) Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was [...]

New Delhi, Dec 17 (PTI) The initial share sale of Supriya Lifescience Limited received 5.69 times subscription on the second day of offer on Friday.The initial public offer (IPO) received bids for 8,27,05,698 shares against 1,45,28,299 shares on offer, as per NSE data.The category for Retail Individual Investor (RIIs) was subscribed 25.38 times, while non-institutional [...]

New Delhi, Dec 17 (PTI) The initial public offer of HP Adhesives Limited was subscribed 20.96 times on the last day of subscription on Friday.The IPO received bids for 5,29,89,650 shares against 25,28,500 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) was subscribed 81.24 times, non institutional investors 19.04 times, [...]

New Delhi, Dec 17 (PTI) Shares of RateGain Travel Technologies Ltd on Friday listed with a discount of over 15 per cent against the issue price of Rs 425. The stock listed at Rs 364.80, a decline of 14.16 per cent from the issue price on the BSE. It further tumbled 19.45 per cent to [...]

New Delhi, Dec 16 (PTI) The initial public offer of HP Adhesives Limited was subscribed eight times on the second day of subscription on Thursday.The company's IPO received bids for 2,03,03,100 shares against 25,28,500 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) was subscribed 40.29 times, non institutional investors 1.90 [...]

New Delhi, Dec 16 (PTI) The initial public offer of Data Patterns (India) Limited, which supplies electronic systems to defence and aerospace sector, closed with 119.62 times subscription on Thursday. The IPO on the last day of subscription received bids for 84,89,85,725 shares against 70,97,285 shares on offer, according to the NSE data. The category [...]

New Delhi, Dec 16 (PTI) The initial public offer of Supriya Lifescience Ltd was fully subscribed within a few hours of opening for subscription on Thursday on the back of a strong response from retail investors. The IPO received bids for 3,38,75,982 shares as against 1,45,28,299 shares on offer, translating into 2.33 times subscription, as [...]

New Delhi, Dec 16 (PTI) Cash management company CMS Info Systems on Thursday said it has fixed a price band of Rs 205-216 a share for its Rs 1,100-crore initial public offering (IPO) that opens next week. The initial share-sale will open for public subscription on December 21 and close on December 23.The bidding for [...]

New Delhi, Dec 16 (PTI) The initial public offer of Supriya Lifescience Ltd was fully subscribed within few hours of opening for subscription on Thursday on the back of a strong response from retail investors. The offer received bids for 1,92,28,860 shares as against 1,45,28,299 shares on offer, as per data with the NSE till [...]

New Delhi, Dec 16 (PTI) Cash management company CMS Info Systems has fixed a price band of Rs 205-216 a share for its Rs 1,100-crore initial public offering (IPO). The initial share-sale will be open for public subscription during December 21-23.The bidding for anchor investors will open on December 20, according to the company. The [...]

New Delhi, Dec 15 (PTI) Supriya Lifescience Ltd on Wednesday said it has raised Rs 315 crore from anchor investors ahead of its IPO rollout on Thursday.     The company has allotted 1.15 crore equity shares to anchor investors at Rs 274 apiece, which is the upper end of the price band, aggregating the transaction [...]

New Delhi, Dec 15 (PTI) The initial public offering of pharmacy retail chain MedPlus Health Services Ltd was subscribed 52.59 times on the last day of subscription on Wednesday. The Rs 1,398.3-crore IPO received bids for 66,13,67,268 shares against 1,25,75,154 shares on offer, according to an update on the NSE. Qualified institutional buyers (QIBs) received [...]

New Delhi, Dec 15 (PTI) The initial public offer of Data Patterns (India) Limited, which supplies electronic systems to defence and aerospace sector, was subscribed 7.68 times on the second day of subscription on Wednesday.The IPO received bids for 5,44,91,050 shares against 70,97,285 shares on offer, as per NSE data.The category for Retail Individual Investors [...]

New Delhi, Dec 15 (PTI) The initial public offer of HP Adhesives Limited was subscribed 3.48 times on the first day of the offer on Wednesday following a strong response from retail investors. The IPO of the adhesives and sealants company received bids for 87,96,050 shares against 25,28,500 shares put on offer under three categories, [...]

New Delhi, Dec 14 (PTI) The initial public offer of Data Patterns (India) Limited, which supplies electronic systems to the defence and aerospace sector, was subscribed 3.30 times on the first day of subscription on Tuesday.The Rs 588.22-crore initial share sale received bids for 2,34,31,875 shares against 70,97,285 shares on offer, according to data with [...]

New Delhi, Dec 14 (PTI) The initial public offer of footwear retailer Metro Brands Limited was subscribed 3.64 times on the last day of subscription on Tuesday. The Rs 1,367.5-crore IPO received bids for 6,96,12,480 shares against 1,91,45,070 shares on offer, according to NSE data. The category for Qualified Institutional Buyers (QIBs) garnered 8.49 times [...]

New Delhi, Dec 14 (PTI) Shares of Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi, on Tuesday settled with over 6 per cent gains against its issue price of Rs 550. The stock made its debut at Rs 602.05, a gain of 9.46 per cent from the issue price on the [...]

New Delhi, Dec 14 (PTI) Shares of Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi, on Tuesday listed with over 9 per cent gains against its issue price of Rs 550.The stock made its debut at Rs 602.05, a gain of 9.46 per cent from the issue price on BSE. It [...]

New Delhi, Dec 13 (PTI) Data Patterns (India) Ltd, which supplies electronic systems to the defence and aerospace sector, on Monday said it has collected Rs 176 crore from anchor investors ahead of its IPO rollout on Tuesday. The company has allotted 30.16 lakh equity shares to anchor investors at Rs 585 apiece, aggregating the [...]

New Delhi, Dec 13 (PTI) Bain Capital-backed Emcure Pharmaceuticals has received capital markets regulator Sebi's go-ahead to raise funds through an initial share-sale. The initial public offering (IPO) comprises fresh issuance of equity shares worth Rs 1,100 crore and offer of sale (OFS) of 18,168,356 equity shares by promoters and existing shareholders, according to the [...]