Online food delivery platform Zomato has recently released its financial statement for the April-June quarter of FY 21-22. This is the first quarterly update of Zomato since its magnificent debut in the stock market last month. Surprisingly, this company has registered a net loss of Rs. 356 crores as opposed to Rs. 99.8 crores in …
On the last day of its public offering, Chemplast Sanmar received a total subscription of 2.17 times. The initial share sale received an accumulated bid of 8,66,38,140 shares from various investor categories. The total number of reserved shares for this public offering was 3,99,52,829. Incorporated in 1985, Chemplast is one of the leading speciality chemical manufacturers …
The initial public offering of Aptus Value was subscribed 17.20 times by the end of its third and final day of public issue on 12 August 2021. This IPO received bids for a total of 94,82,42,442 shares against the 5,51,28,500 reserved shares. The figures indicate a favourable response from the investors. According to the DRHP, …
After receiving the green light from India’s Securities and Exchange Board (SEBI), Aditya Birla Sun Life is preparing to go public by the end of September 2021. Sources close to the company and lead managers have confirmed it. They are currently preparing the required documents, and updates will follow soon, as per a senior employee …
Devyani International, India’s largest franchisee of Yum! Brands and QSR (quick service restaurant) has finalised the basis of allotment for their IPO on 11 August 2021. The Rs. 1838 crores IPO of our country’s largest franchisee of Pizza Hut, KFC and Costa Coffee ran from 4 August to 6 August and received an overwhelming response. …
After its IPO subscription closure, Krsnaa Diagnostics is set to announce its final basis of allotment today. On its final day of subscription last Friday, i.e., 6 August 2021, the initial public offering was subscribed 64.40 times. This reveals the high interest of bidders who have their eyes set on today’s proceedings. Krsnaa IPO shares …
Windlas Biotech IPO has been subscribed over 22.47 times and is finalising is allotment on 11 August. Shares of Windlas Biotech were trading at Rs. 540 each in the grey market. This would be roughly 17% higher than the issue price band of Rs. 448-460. The company does not have any listed peers as of …
Keventer Agro Ltd has filed its DRHP with the Securities Exchange Board of India (SEBI). This move will allow the company to raise funds by way of an initial public offering. Let’s Take a Closer Look at the Keventer Agro IPO This initial public offering consists of a fresh issuance of shares worth Rs. 350 …
Tarsons Products has filed preliminary papers with the Securities and Exchange Board of India to float its initial public offering. As per the DRHP, its public issue will comprise a fresh issue worth Rs. 150 crores along with a secondary issue of 1.32 crore equity shares. Promoters Sanjive Sehgal and Rohan Sehgal will be divesting …
SoftBank-backed Oyo Hotels and Rooms has selected 3 investment banks Kotak Mahindra Capital, JP Morgan, and Citi, to lead its initial public offering. Per reports, Oyo is heading for a massive IPO of over $1.2 billion and is likely to file DRHP this September. This major move from Oyo comes in the backdrop of a …
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