Hotel and hospitality chain Oyo is planning to go public with an IPO of about $1 billion. The company is expected to file its draft red herring prospectus (DRHP) next week, as confirmed by sources close to the company. This initial public offering is expected to have a valuation of between $1 billion to $1.2 …
Puranik Builders, India’s leading real estate developer, has filed DRHP with SEBI to float its initial public offering. As per its DRHP, the company’s public issue will include the fresh issuance of equity shares amounting to Rs. 510 crores. Moreover, this IPO will comprise an offer for sale (OFS) of a maximum of 9,45,000 shares …
Digital payments firm Paytm has added another 5.45 lakh shares to its IPO through its employees. In a recent regulatory filing, One97 Communications mentioned that another 20 employees had converted their ESOP to a total of 5,45,735 shares for monetisation. Previously, 200 former and current employees of Paytm have also gone down this route of …
With eleven companies going public in the month of July alone this year, everyone seems to be excited about more upcoming IPOs. The COVID 19 pandemic made the stock market feel jittery last year with major disruption of economic activities and few companies calling off their IPO plans till the market activity changed towards the end …
The public issue of Paras Defence and Space Technologies will be opening for subscription on 21 September 2021 Monday. This forthcoming IPO will close on 23 September at 5 pm. The initial share sale will include a fresh issue of equity shares worth approximately Rs. 140.6 crores. Moreover, it will comprise an offer for sale …
Data Patterns (India) Private Limited is the new name to enter India’s IPO fest of FY2021-2022. The Chennai-based company, well known for supplying electronics systems, is now preparing to go public. The initial news from sources close to the matter is that this public issue is likely to have a valuation of at least $100 …
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 …
