IPOs - Angel One

IPOs in Calendar Year 2021 In 2021, more IPOs were announced than in the previous three years combined. Over 60 companies raised over Rs. 1.35 Lakh Crores through IPOs in India, which is the highest amount in the history of the country’s capital market. In the last 12 months, new listings have given 60% average …

Single Digit Valuation for LIC Even though the valuation is supposed to be in lakh crore rupees, it will still stay in single digits. This will place LIC below companies like TCS and Reliance Industries. However, even after this conservative valuation, the life insurance provider’s public issue will still be significant in the country. LIC …

Top LIC executives said in one of their engagements with overseas shareholders in the run-up to its biggest IPO that the firm expects to submit its IPO papers with the market regulator by January’s 3rd week. Officials from the finance ministry have been claiming for months that LIC will be listed before the end of …

GPT Healthcare, which owns the ILS Hospitals chain, has got permission from the capital markets regulator SEBI to fund up to Rs 500 crore via an IPO. According to the DRHP, the IPO would include an offer for sale (OFS) of up to 2.98 crore equity shares by a promoter company and an investor and …

In a nutshell, 2021 has been a ‘blockbuster’ year for India’s primary market. With 63 companies making share market debut generated around Rs. 1.2 lakh crores. Among them, the likes of Paytm, Nykaa, and Zomato have been the most ‘talked-about’ public issues and accumulated a significant hype. Moreover, Paytm’s IPO broke all previous records in …

Old and New Firms Queue Up Firms that will expectedly hit the primary market in March 2022 quarter are: Firm’s Name Expected IPO Size OYO Rs. 8,430 crores Delhivery Rs. 7,460 crores Adani Wilmar Rs. 4,500 crores Emcure Pharmaceuticals Rs. 4,000 crores Vedant Fashions Rs. 2,500 crores Medanta Rs. 2,000 crores Paradeep Phosphates Rs. 2,200 …

The GOI has Thought of Such Rewards Before The Finance Ministry thought of giving such a gift to unitholders of UTI after it was severely impacted due to a huge fraud. UTI’s investments in large-cap stocks were housed in a brand new fund that was floated especially for this objective. The government wanted to offer …

The IPO frenzy is far from finished, and merchant bankers predict that the main market will be a flurry of activity in the March 2020 quarter, with almost two dozen businesses trying to raise about Rs 44,000 crore via initial share sales. Technology-driven enterprises will get a big portion of the overall financing. This comes …

CMS Info Systems, one of India’s top cash management firms and the last to go public in 2021, is unlikely to generate the same kind of excitement as HP Adhesives and Supriya Lifescience, which went public earlier this week. Given the modest initial public offering subscription data, tepid interest in the grey market, and fears …

Key Details of the SEBI Tightening the Rules Around An IPO SEBI’s rules aim to tighten the regulatory gap and avoid extreme volatility in pricing on listing day. Here is what the new rules address: How companies are allowed to set their price bands When any anchor investors can sell their existing shares How much …