IPOs - Angel One

LIC IPO is one of the most keenly-awaited IPOs in the market. The government has decided to disinvest a 3.5% stake in the company to raise Rs 21,000 crore in funding from the market. LIC has more than 27 crore policyholders and if you are one among them, you have more than one reason to …

Campus Activewear is the greatest athleisure footwear and sports brand in India in terms of volume and value in FY 21. Through an IPO, this company will make the allotment of its shares on 4 May 2022. It intends to list on the stock exchanges on 9 May 2022. You will find more details about …

A few policyholders from Nashik seeking a stay on the anticipated LIC IPO were denied ad-interim relief by the Bombay High Court. The High Court heard a petition to overturn revisions to the Life Insurance Corporation Act of 1956 enacted by the Finance Act of 2021. The petitioners also requested an ad-interim suspension of the …

The government has modified the Foreign Exchange Management Act’s limits, enabling up to 20% foreign direct investment in the insurance giant LIC. The administration seeks to sell a part of its LIC stock in an IPO. In February, the LIC filed the DRHP for the IPO with the markets regulator SEBI. Last month, SEBI accepted …

DIPAM (Department of Investment and Public Asset Management) states that the LIC IPO is going to be the biggest initial public offering that the Indian stock market has ever witnessed. In fact, after the largest insurer in the country lists its shares on the bourses, the company’s market valuation may climb up to the ranks of …

Veranda Learning, an education technology company, had an unexpected debut on the stock exchanges on Monday. On the BSE, the stock started at a premium of nearly 15% above its IPO price of 137 per share, while on the NSE, it opened at an 8.7% discount. The Veranda Learning stock listed price discrepancy persisted throughout …

DCX Systems IPO News DCX Systems has submitted preliminary paperwork to the SEBI in order to raise Rs 600 crore via an initial public offering (IPO). A fresh issue of Rs 500 crore and an offer for sale (OFS) of up to Rs 100 crore from existing shareholders and promoters will be included in the …

Ruchi Soya Industries Limited jumped up on the equity trading markets, landing at Rs. 924.85, after listing its follow-on public offering shares on Friday 8 April 2022. The stocks of the largest manufacturer of edible oil makers even touched a price of Rs. 940, while the initial price of FPO shares stood at Rs. 650. …

Uma Exports’ stock had a strong start on the stock exchanges on Thursday, debuting at Rs 80 per share on the BSE, a 17.6 percent premium to its issue price of Rs 68. The firm began trading on the National Stock Exchange (NSE) for Rs 76 per share. As a result of the listing, the …

Subscription of an IPO will start from 4th May to 9th May to sell up to 3.5% of its stock in a public offering. They also said that global economic worries have been taken into account, and that market volatility has decreased. On February 13, the DRHP was filed. The LIC IPO will be the …