IPOs - Angel One

Corrtech International, a supplier of pipeline laying solutions, has filed preliminary paperwork with the capital markets regulator SEBI to acquire money via an initial public offering. According to a draft red herring prospectus filed with SEBI, the public offering includes a new issuance of equity shares worth Rs 350 crore and a promoter offer to …

In December 2021, 17 new IPOs were launched via the primary market route which helped the companies in raising Rs. 16,700 crore. In 2020 and 2021, there were hundreds of successful IPOs and the market was cheerful for the longest time in the history of IPOs. It flourished as a part of a bull run. …

Although the activities of the primary market have paused lately due to the Russia-Ukraine crisis, there is an upcoming IPO by Uma Exports Limited. The estimated fund they plan to raise by this initial public offering is Rs. 60 crores. To know about it in detail, continue reading! Closer Insight of Initial Public Offering by Uma …

Aether Industries Limited, a specialty chemicals firm, has raised an additional Rs 130 crore in pre-IPO capital from White Oak Capital, SBI Mutual Funds, IIFL, and Public Sector Pension Investments. The Surat-based firm earlier secured Rs 100 crore in a pre-IPO placement from IIFL Group and White Oak Capital in November 2021. On December 28, …

Rainbow Children’s Medicare, a multi-specialty hospital network sponsored by United Kingdom-based development financing organization CDC Group plc, has acquired SEBI clearance to undertake an initial public offering for Rs 2,000 crore. The IPO consists of new issuance of equity shares worth up to Rs 280 crore and an offer sale by the selling shareholders of …

Reports suggest that the Government is planning to launch the much-hyped mega LIC IPO sometime around the mid of May 2022. It hopes that the market turbulence that has been triggered worldwide by the Russian invasion of Ukraine will calm down by then. Want to know more on this matter? Keep reading! Why Did the …

According to an official, the government has until 12th May to launch the LIC IPO without having to file new paperwork with market regulator SEBI. The government had intended to sell roughly 31.6 million shares or a 5% interest in Life Insurance Corporation in March, with the proceeds expected to be about Rs 60,000 crore, …

24 March 2022 is marked by Ruchi Soya to release its follow-on public offering. As per the news, an additional FPO will be issued after the initial public offering made by this diversified FMCG company. This act of FPO comes in to meet the requirements of SEBI, where a listed business should possess 25 percent …

According to DIPAM Secretary Tuhin Kanta Pandey, the government aims to conduct the LIC IPO as soon as stock market volatility caused by Russia’s invasion of Ukraine subsides. The Securities and Exchange Board of India has given LIC’s DRHP “prima-facie” approval, subject to the fulfillment of certain conditions, Pandey said during an industry engagement. “We …

The Securities and Exchange Board of India (SEBI) accepted Life Insurance Corporation’s (LIC) initial public offering (IPO) plan in 23 days, the quickest in sixteen years. According to SOURCES, the swift approval of the country’s biggest IPO to date has opened the path for faster approvals in future offerings, which would help IPO-bound firms. On …