IPOs - Angel One

Fino Payments Bank has unfortunately not capitalised on the bull run markets, as non-institutional buyers stayed away from the sale. Fino Payments Bank launched its IPO on 28 October 2021 and 2 November 2021 was subscribed 2.03 times. Its shares also had a lukewarm response on the bourse. Fino Bank’s stock was listed at a …

The Indian share market is witnessing a unique scenario with a flurry of companies going public. This has put the investment banks in charge of running these public issues in a position of profit. These financial institutions have pocketed record income as fees for running these IPOs. As per the documents filed by different consumer …

The IPO of Latent View Analytics opened on 10 November 2021. According to data from BSE, the Rs. 600 crores IPO received bids for 40.69 crores shares against an OFS of 1.75 crores shares. The company has fixed the price band at Rs. 190 to Rs. 197 for each share. In the first two days …

The IPO of Sapphire Foods India, which began earlier this week, was subscribed 6.62 times on its final day, as per BSE data. Sapphire Foods, which operates the Pizza Hut and KFC outlets in India, launched its Rs. 2,073 crores IPO on 9 November 2021. It was entirely an OFS of 1.75 crores shares by …

India is witnessing a slew of IPOs in the recent past. From Zomato to Nykaa to LIC, some of the biggest names in their sector took a trip to Dalal Street in 2021. Hence, other smaller companies, too, are looking to capitalise on the warm welcome others have met. On that note, let’s delve deeper …

The public issue of Go Fashion, the owner of women’s bottom-wear brand, “Go Colors”, will be opening for subscription on 17 November 2021, Friday. As per the draft papers filed with SEBI, this IPO will contain fresh issuance of equity shares amounting to Rs. 125 crores. Moreover, it will include a secondary issue wherein promoters, …

The Common Service Centres are physical outlets where the Government of India’s e-services to rural and remote locations are carried out. CSC, as it is commonly known, calls itself a government promoted company. Let’s look into the necessary details as this organisation attempts to raise money in an IPO. Key Highlights of Common Service Centre …

Leading IT solutions provider, Inspira Enterprise has received SEBI’s nod to generate as much as Rs. 800 crores via IPO. The public issue will consist of a fresh equity issuance worth Rs. 300 crores and an offer for sale of Rs. 500 crores by Manjula Jain Family Trust, Prakash Jain and Prakash Jain Family Trust, …

One of India’s leading logistics firms Delhivery has filed its DRHP with market regulator SEBI in early November for its Rs. 7,460 crores ($997.33 million) IPO. It is one of the latest start-ups of the country to join the IPO frenzy. But the journey so far for the new-age logistics and the delivery firm wasn’t …

The retailers are all set to inject about Rs 200 billion in the sizzling hot domestic equity market by the end of this year, as valuations improve and competition from other classes of assets becomes tougher. With less than two months left for the year to end, so far, the companies that made their debut …