IPOs - Angel One

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 …

Swiggy, India’s leading food delivery company, has been eyeing to raise a minimum of $800 million from an IPO next year. It aims to expand its market share with such funds amidst neck-to-neck competition from Zomato in the food business. Keep scrolling to know more! What Is Swiggy’s Valuation? Since 2014, the company has raised …

On Saturday, 26 February 2022, the UNION Cabinet passed an amendment to the Foreign Direct Investment (FDI) policy to clear up to 20% FDI in the Life Insurance Corporation(LIC) under automatic route. This came before its much-awaited IPO (initial public offering), which is expected to be the greatest in the nation’s market so far. Keep …

Amidst the Ukraine-Russia conflict, the Brent crude oil’s price has reached $100 per barrel. On 1 February 2011, crude oil prices stood at $100 for the last time, following a 10-15% jump in diesel and petrol prices over a few months. However, this year, the benchmark price of Brent crude oil has already risen 20%, …

One of India’s leading FMCG firms, Bikaji Foods, has filed DRHP with capital market regulator SEBI to go public. The company has plans to raise funds by selling about 2.93 crore shares in this public offering. As per various market sources, this IPO is likely to be worth about Rs. 1,000 crores. Additionally, this will …

The calendar year of 2021 has been a landmark year for India’s share market as the record number of companies went public. The count stopped at 63, and the total amount gathered in this process was Rs. 1.18 lakh crores. The prediction for 2022 is not far from this metric, and experts believe a similar …

According to reports, BlueStone Jewellery, which is funded by Ratan Tata, plans to raise about Rs 1,500 crore via an IPO and has hired IIFL Securities, ICICI Securities, JM Financial and Jefferies as investment bankers. The planned IPO, which would include a new issuance of equity as well as an OFS, is expected to dissolve …

A Brief Overview The Union Budget announcement for 2022-2023 made clear the government’s desire to follow through with its insurance behemoth, Life Insurance Corporation of India’s (or LIC), public issuance of stock in the form of an initial public offering (or IPO). Anticipated to be the country’s largest ever IPO, LIC has begun its campaigning …