The initial public offering of Devyani International was subscribed 116.70 times as of 5 PM on 6 August, the final day of its IPO. The IPO received bids for 13,13,79,21,555 shares against an issue size of 112,569,719 equity shares. In contrast, this IPO was subscribed only 3.06 times and 6.61 times on day 1 and day …
Krsnaa Diagnostics’ initial public offering opened for subscription from 4 August to 6 August 2021. In the three days, the company’s IPO was subscribed 64.40 times, with bids for a total of 458,008,245 shares. Per its DRHP, Krsnaa Diagnostics was supposed to raise Rs. 1200 crores through this public offer, comprising new issues worth Rs. …
Digital payments and financial services company Paytm is all set to hit the markets with its Rs. 16,600 crores IPO in October, which is likely to be the largest ever in India. The company has already filed a draft prospectus with SEBI for its initial share sale on 15 July 2021. Here’s all you need …
On 6 August 2021, it was reported that HDFC bank has decided to suspend IPO plans for its subsidiary HDB Financial Services Ltd. (HDBFSL). The non-banking financial company (NBFC) earlier had plans to raise funds via an initial public offering under the leadership of Aditya Puri. However, the financial institution is now considering analysing the …
The retail-focused housing finance company Aptus Value Housing Finance has fixed their upcoming IPO’s price band at Rs. 346 to Rs. 353 per share. The IPO is set to open for subscription on 10 August 2021 and will close on 12 August 2021. At Rs. 353 per share, the non-banking lender will raise around Rs. …
Chemplast Sanmar Ltd. has fixed its IPO price band at Rs. 531 – 540 per share with a face value of Rs. 5 apiece. This initial public offering of this chemical company is slated to open on 10 August 2021 and close on 12 August. Chemplast Sanmar wishes to raise Rs. 3,850 crores through its …
Digital lender Fincare Small Finance Bank has received SEBI’s approval to obtain Rs. 1,330 crores via its initial public offering. It had filed for its IPO with the market regulator in May and received the ‘observations’ from the market regulating body on 28 July. These observations from SEBI are essential for every firm that wishes …
Speciality chemical manufacturer, Chemplast Sanmar Ltd. is all set to launch its new IPO on 10 August. The company had approached SEBI earlier in May with its preliminary papers. It received the capital markets regulator’s approval later in July. Here is all you need to know about the initial public offering before investing. Key Insights …
Fino Payments Bank has filed a DRHP with market regulator SEBI to fundraise through its initial public offer. As per the DRHP, the said IPO will comprise a new issue of shares worth Rs. 300 crores and an OFS of a maximum of 15.60 million shares. It is speculated that this company could opt for …
After grappling with the initial Covid-19 frenzy, the diagnostic industry jumped back stronger to fulfil its role at the Test-Track-Treat strategy’s forefront. It has resulted in an unprecedented inflow of funds, inflating these companies’ valuations significantly. On the heels of this massively successful year, various private diagnostic service providers are eying an IPO in 2021. …
