IPOs - Angel One

After a stellar year in 2021, the main market has slowed this year, with just three businesses successfully completing public offerings, compared to ten in the first two-and-a-half months of last year. The reason for this is a jittery secondary market, which has been shaken by global turbulence in the aftermath of Russia’s invasion of …

Hexagon Nutrition Ltd. has obtained SEBI’s nod on Friday, 4 March 2022. This company filed its Draft Red Herring Prospectus back in December 2021. According to the DRHP, this company plans to gather funds up to Rs. 600 crores via an initial public offering (IPO). Read along to find out more on this matter! A …

With India Exposition Mart Limited filing for the preliminary prospectus, we should soon be seeing another initial public offering of 2022. India Exposition Mart is a key venue provider and planner in India offering high-class amenities, tech-focus facilities, and safe infrastructure to host events. As per the draft prospectus submitted by the company with the …

The long-awaited IPO of Life Insurance Corporation of India, which was originally scheduled to launch in the financial year 2021-22 is likely to be postponed to FY 2022-23. The reason the government is planning to delay the launch is uncertain times prevailing due to the geopolitical tensions between Russia and Ukraine. The financial markets around …

Life Insurance Corporation of India said on 3rd March that it has chosen insurance veteran Sunil Agrawal as its new chief financial officer ahead of its big IPO debut, according to sources. Starting in March 2022, he has been appointed on a contract basis. In September 2021, LIC advertised for the recruitment of a CFO …

The government may postpone Life Insurance Corporation‘s massive initial public offering (IPO) until the next fiscal year, as the administration is expected to convene a meeting to reconsider the scheduling of the IPO in light of the intensifying Russia-Ukraine conflict. According to sources, the government is continuing its roadshows for the public offering. LIC’s initial …

In 2021, it was not only stocks that generated whopping returns for their shareholders. Some IPOs (Initial Public Offerings) too delivered stellar returns for their investors. The IPO of EKI Energy Services is one such phenomenal issue that got listed in April 2021 on BSE SME Exchange. Keep reading to know more! Get an Insight …

The government is expected to conduct a meeting to evaluate the IPO timeline in light of the intensifying Russia-Ukraine crisis. The much-anticipated initial public offering of state-run insurance behemoth Life Insurance Corporation of India (LIC) might be moved until the following financial year. According to insiders, a meeting for a possible LIC evaluation would be …

JK Files & Engineering Ltd and Elin Electronics Ltd, both situated in Delhi, have received clearance from the Securities Exchange Board of India (SEBI) to undertake initial public offerings (IPOs). JK Files & Engineering, which is backed by Raymond, submitted draft papers in December to seek Rs 800 crore via an initial public offering (IPO) …

According to the official website of the Securities and Exchange Board of India (SEBI), the market regulator has issued observation letters to three companies on 16 February 2022 and 17 February 2022. Read along to know about those companies and their public offerings! A Closer Look into the Filing and Approval Process Market regulator SEBI …