Sansera Engineering IPO was closed for public subscription on 16 September 2021. The IPO size was Rs. 1,282.98 crores and comprised an offer for sale of 17,244,328 equity shares. By the third and final day of Sansera’s public offering, its shares were subscribed 11.47 times. The finalisation of Sansera Engineering IPO’s basis of allotment is scheduled …
LIC is gearing up to be the biggest IPO of India backed by the Government, where every day sets in a new development. For example, recently, the Government has come close to setting a valuation. The targeted valuation is around Rs. 10 lakh crores. However, while the Government is trying its best to launch the …
By 16 September 2021, the third and last day of Sansera Engineering IPO, the shares were subscribed 11.47 times. As a result, Sansera’s public offer received total bids for 13,88,39,000 shares against the 1,21,09,166 shares reserved for investors belonging to different categories. Sansera is one of the leading auto component manufacturers in India. Its robust …
The Mumbai-based firm Paras Defence and Space Technologies Ltd. will open for public subscription on 21 September 2021. The initial public offer will comprise a new issue of equity shares and an OFS and will conclude on 23 September 2021. Here’s more about this upcoming initial public offering. Paras Defence and Space Technologies – In …
The omnichannel retail pharmacy chain Wellness Forever has decided to file DRHP (draft red herring prospectus) for an IPO (Initial Public Offering) by the end of September 2021. The company intends to raise Rs. 1500–1600 crores through an IPO consisting of a primary issue and an offer for sale by existing investors. Backed by investors …
The public issue of Markolines Traffic Controls will be opening for subscription on 15 September 2021 Wednesday. As per the papers filed with BSE, the company is offering 51,28,000 equity shares at Rs. 78 per unit (including a premium of Rs. 68). For individuals who are looking to apply for this forthcoming initial share sale, …
Homegrown mobile phone maker Lava International is almost ready for its IPO (Initial Public Offering) as it has notified all shareholders of an extraordinary general meeting on 10 September 2021. The company will seek shareholders’ approval for this IPO worth Rs. 2,400 crores, consisting of an offer for sale by existing shareholders and issuance of …
Indian ethnic wear and artisan product retailer, Fabindia is the next in line in the IPO bonanza currently buoying Indian investor sentiments. The company, established in 1960, is looking to raise around $1 billion from the markets this autumn. It is expected to file its prospectus in November. To know more about the IPO and …
New Delhi-based consumer electronics brand boAt is planning to float a public issue of about Rs. 3500 crores in the coming months. Even though there is no official comment available yet, sources close to this matter is expecting a DRHP (draft red herring prospectus) filing in the next couple of months. The senior management has …
Backed by leading private equity firms, Five Star Business Finance Ltd is all set to file DRHP for an IPO. The Chennai-based NBFC features several big-equity firm names, like KKR and Sequoia Capital. Moving ahead, It plans to raise as much as $400 million (approx. Rs. 2900 crores) from the initial public offering, as per …
