On Wednesday, 23 December 2021, Foxconn’s Indian subsidiary Bharat FIH filed DRHP (draft red herring prospectus) for an IPO (Initial Public Offering). The company now awaits approval from the market regulator SEBI to be able to raise Rs. 5,000 (US$662.97million) from the public issue. Bharat FIH is the Indian arm of the Hong-Kong listed FIH …
CMS Info Systems Subscription The CMS Info Systems IPO has received a lukewarm reaction from investors, with just 80 percent of the shares subscribed on the last day of bidding. In comparison to the IPO size of 3.75 crore equity shares, the offer has received bids for 2.99 crore equity shares. Non-institutional investors have bid 7% of …
India’s decade-old start-up firm, Snapdeal, has filed the preliminary documents for its IPO or Initial Public Offering. This company is one among many such tech firms keen to make their debut on the bourses with the aim of legitimising as well as raising capital for expansion. Get more details regarding the same here! Key Highlights …
Today, HP Adhesives will finalise the terms of its initial public offer (IPO) after receiving positive feedback during the three-day offer that was open from 15th December 2021 to 17th December 2021. The size of this issue is about 126 crores that including both, issue of fresh shares as well as the offer for sale of …
Starting today, December 21, 2021, the initial public offering (IPO) of CMS Info Systems opens for the subscription. The Navi Mumbai based cash management company is offering shares worth Rs. 1,100 crore for different participants to invest. CMS Info Systems IPO shall close on Thursday, December 23, 2021. In the three-day offer, the company is planning to …
Le Travenues Technology Ltd., which is Ixigo’s parent company, received approval from SEBI regarding its initial public offering. The market regulator has already issued an observation letter favouring the company, allowing it to carry on with its Rs. 1,600 crores public offer. As per sources, Ixigo’s listing in the bourses is likely to happen between …
One of India’s largest cash management companies, CMS Info Systems, gathered Rs. 330 crores from anchor investors in the exclusive pre-IPO round. This company confirmed an allocation of 1,52,77,777 shares at Rs. 216 apiece to these investors. More details of this IPO and the anchor investment round are given below. Anchor investors who invested in …
Square Yards, one of India’s leading real estate consultants, plans to launch an IPO (Initial Public Offering) worth Rs. 1,500 crores, according to market sources. The startup has made preparations for investment bankers for this issue and will soon file its DRHP (draft red herring prospectus) with market regulator SEBI to get the clearance. This …
Shriram Properties, a real estate developer, made a weak debut on the stock exchanges on December 20, 2021, as the stock had a discount of over 20% compared to the issue price. On the National Stock Exchange, Shriram Properties share price today began trading at Rs. 92. Shriram Properties has raised around 600 crores through its …
The Supriya Lifescience IPO (Initial Public Offering) was subscribed 71.47 times by the end of 20 December 2021. It received 1,03,82,75,874 bids against an allotment of 1,45,28,299 equity shares on the final day of subscription. Supriya Lifescience is one of the country’s top manufacturers and suppliers of APIs (active pharmaceutical ingredients). The company produces 38 APIs in various …
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