IPOs - Angel One

The Centre is likely to block Chinese investors from buying shares in what could be India’s biggest ever IPO (Initial Public Offering) worth $12.2 billion. While GOI (Government of India) will allow foreign investors to participate in this IPO, it is suspicious of Chinese ownership. The State-owned insurance giant LIC (Life Insurance Corporation) is considered …

New IPOs continue to enchant stag investors across all investment sectors. Taking a cue from the popular trend, two new companies have joined the IPO bandwagon, CMR Green Tech, and Paradeep Phosphates. Let us uncover more details about these upcoming IPOs below! CMR Green Tech IPO – Latest Development A leading metal recycling company, CMR …

The National Stock Exchange (NSE), which is the largest bourse of the country, has been planning for its public offering for quite some time. It has been facing much pressure from its shareholders, who have wanted to liquidate their shares for over a decade now. It wrote to market regulator SEBI seeking permission to once …

Paras Defence is one of India’s leading developers and manufacturers of defence and space engineering products. The company closed its IPO subscription on 23 September 2021. This public issue had a total valuation of Rs. 170.78 crores, including fresh issue equity shares of up to Rs. 140.60 crores and the remaining as an OFS. At …

An Overview It’s not just companies that are raising big cash from the primary market now that stock markets are rallying. Investment banks are also making more money as these companies become more publicly traded. According to data provided by Prime Database, investment bank fees have climbed at a higher rate than the number of …

Oyo Hotels and Homes is on the course to go public as they are preparing for an IPO of about $1 to $1.2 billion. However, the hospitality startup is now facing a legal hurdle in this course over a failed acquisition deal. Zostel or Zo Rooms, the victim here, has now approached the judiciary for …

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 …

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 …

By the last day, Exxaro Tiles’ initial public offering was subscribed 22.68 times, receiving bids for 25,96,52,625 shares. The issue size of this IPO was Rs. 161.09 crores. According to its DRHP, this IPO consists of a fresh issue of Rs. 134.23 crores and offer for sale of Rs. 26.86 crores. Exxaro Tiles IPO Subscription Status …

True Balance, a South Korean Fintech platform, has announced its goal to match its expenses and revenues by the end of this year and list its IPO by 2024. Backed by investors like Naver, Daesung Private Equity, and SoftBank, the company is growing strong in their business in India. A large uptake of their small-sized …