IPOs - Angel One

An Overview The capital market regulator, SEBI has approved Glenmark Life Sciences and Utkarsh Small Finance Bank’s initial public offerings (IPOs), reviving the market that has witnessed minimal activity so far this fiscal year. Glenmark Life Sciences and Utkarsh Small Finance Bank are aiming to raise more than Rs. 2,500 crores through their initial public …

The Rs 5,550-crore Sona BLW Precision Forgings Limited ( Sona Comstar) initial public offer (IPO) will hit the market on June 14 and close on June 16. The price band is between Rs 285-291 per share. When the IPO hits the market, it will be the largest one by an auto component maker in India. …

A Brief Overview Diagnostics-focused Vijaya Diagnostics Centre Limited has filed a draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India (or SEBI) for an initial public offering (or IPO). If this IPO is approved, it would allow its investors a partial exit from the company. Vijaya Diagnostics is one of …

A Brief Overview Belonging to the umbrella enterprise Kotak Mahindra Group, Kotak Investment Advisors Limited (or KIAL) has brought forth a pre-initial public offering (or IPO) fund. Called the Kotak Pre IPO Opportunities fund, it is set to target high-quality companies that have a strong technological bent. Recognized as a category II alternative investment fund …

Abhishek Integrations IPO – Summary On November 10, 2017, the company was formed as “Abhishek Integrations Limited” in Ahmedabad under the provisions of the Companies Act, 2013, with a certificate of incorporation issued by the Registrar of Companies. To give their organisation a corporate shape, Abhishek Integrations Limited was formed in 2017 with the primary …

Among the awaited IPOs to be launched in June 2021 is that of Kolkata-based Shyam Metalics and Energy Ltd (SMEL). The initial public offer (IPO) of the company will open on June 14 at a size of Rs 909 crore. The three-day IPO’s issue closes on June 16. The bidding for anchor investors is set …

The second wave, which has now gone past its peak in India, has left its mark on some sectors more than the others, the multiplex industry being one such sector. With lockdowns in several states as cases began to rise towards the second half of April, multiplexes much like other outlets had to be shut …

A Brief Overview Formerly known as UrbanClap, Urban Company is one of the most in-demand providers of home services and has decided to get started on the process of filing an initial public offering (or IPO). After securing a whopping USD 225 million in funding in May, Urban Company plans to make its shares public …

A Brief Overview Known for being the country’s most successful beauty retailer, Nykaa is set to potentially file its initial public offering (or IPO) with the Securities and Exchange Board of India (or SEBI) by submitting its red herring draft prospectus (or RHDP) as soon as early next month. This would allow for the company …

A Brief Overview Known as the country’s very own mobile manufacturer, Lava International has circulated a letter among its existing shareholders seeking their go-ahead in order to go public by way of an initial public offering (or IPO). This letter highlighted its desire to go public by offering equity shares. This transition to public ownership …