IPOs - Angel One

With India Exposition Mart Limited filing for the preliminary prospectus, we should soon be seeing another initial public offering of 2022. India Exposition Mart is a key venue provider and planner in India offering high-class amenities, tech-focus facilities, and safe infrastructure to host events. As per the draft prospectus submitted by the company with the …

Hexagon Nutrition Ltd. has obtained SEBI’s nod on Friday, 4 March 2022. This company filed its Draft Red Herring Prospectus back in December 2021. According to the DRHP, this company plans to gather funds up to Rs. 600 crores via an initial public offering (IPO). Read along to find out more on this matter! A …

The IPO of Campus Activewear, the biggest sports and athleisure footwear brand in India, was subscribed 51.75 times on the third day of its offering, 28 April 2022. This includes a total of 1,74,02,02,110 bids against an offering of 3,36,25,000 shares the company made to its investors, as per the official website of NSE. The …

Amidst the Ukraine-Russia conflict, the Brent crude oil’s price has reached $100 per barrel. On 1 February 2011, crude oil prices stood at $100 for the last time, following a 10-15% jump in diesel and petrol prices over a few months. However, this year, the benchmark price of Brent crude oil has already risen 20%, …

According to the official website of the Securities and Exchange Board of India (SEBI), the market regulator has issued observation letters to three companies on 16 February 2022 and 17 February 2022. Read along to know about those companies and their public offerings! A Closer Look into the Filing and Approval Process Market regulator SEBI …

GPT Healthcare, which owns the ILS Hospitals chain, has got permission from the capital markets regulator SEBI to fund up to Rs 500 crore via an IPO. According to the DRHP, the IPO would include an offer for sale (OFS) of up to 2.98 crore equity shares by a promoter company and an investor and …

A Closer Look at GPT Healthcare IPO The initial share sale of GPT Healthcare will consist of freshly issued shares of Rs. 17.5 crores. Further, as per its red herring prospectus, this IPO will also include an OFS of around 29,887,486 equity shares by an investor and a promoter entry. Reportedly, as a part of …

The GOI has Thought of Such Rewards Before The Finance Ministry thought of giving such a gift to unitholders of UTI after it was severely impacted due to a huge fraud. UTI’s investments in large-cap stocks were housed in a brand new fund that was floated especially for this objective. The government wanted to offer …

Quick service restaurant chain and fast-food giant Burger King India has received SEBI approval to go public. Burger King is already a 202 restaurant strong brand. Outlets can be found at strategically handpicked locations such as metro stations and key shopping-dining hotspots among other high footfall locations. It has achieved this presence within about six years, …

After a fairly long lull of over 5 years between 2010 and 2015, IPOs are back in the reckoning over the last couple of years. Apart from quality IPOs like Alkem, Dr. Lal Pathlabs, Interglobe Aviation, Avenue Supermart and Sankara Building Products that performed exceedingly well after their listings, IPOs on an average have performed …