IPOs - Angel One

Le Travenues Technology Ltd., which is Ixigo’s parent company, received approval from SEBI regarding its initial public offering. The market regulator has already issued an observation letter favouring the company, allowing it to carry on with its Rs. 1,600 crores public offer. As per sources, Ixigo’s listing in the bourses is likely to happen between …

One of India’s largest cash management companies, CMS Info Systems, gathered Rs. 330 crores from anchor investors in the exclusive pre-IPO round. This company confirmed an allocation of 1,52,77,777 shares at Rs. 216 apiece to these investors. More details of this IPO and the anchor investment round are given below. Anchor investors who invested in …

Square Yards, one of India’s leading real estate consultants, plans to launch an IPO (Initial Public Offering) worth Rs. 1,500 crores, according to market sources. The startup has made preparations for investment bankers for this issue and will soon file its DRHP (draft red herring prospectus) with market regulator SEBI to get the clearance. This …

Shriram Properties, a real estate developer, made a weak debut on the stock exchanges on December 20, 2021, as the stock had a discount of over 20% compared to the issue price. On the National Stock Exchange, Shriram Properties share price today began trading at Rs. 92. Shriram Properties has raised around 600 crores through its …

The Supriya Lifescience IPO (Initial Public Offering) was subscribed 71.47 times by the end of 20 December 2021. It received 1,03,82,75,874 bids against an allotment of 1,45,28,299 equity shares on the final day of subscription. Supriya Lifescience is one of the country’s top manufacturers and suppliers of APIs (active pharmaceutical ingredients). The company produces 38 APIs in various …

Looking at recent events, the Indian Government may have to delay its plans for an Initial Public Offering of Life Insurance Corporation of India (LIC). One probable reason for this delay is that this company’s valuation is taking a lot of time. Meanwhile, there is a lot of preliminary work that this company is yet …

Data Patterns IPO On Thursday, the last day of bidding, Data Patterns‘ initial public offering (IPO) was oversubscribed by 119.62 times. In comparison to the IPO size of 70.97 lakh shares, the offer has received bids for Rs 84.89 crore shares. Bidding on the company’s shares, which supply electronic systems to the defence and aerospace …

The initial public offering of HP Adhesives was subscribed 20.96 times on its third and final day. As of 17 December 2021, investors put forth bids for 5,29,87,700 shares against 25,28,500 equity shares offered by HP Adhesives. HP Adhesives Ltd. is a manufacturer of industrial sealants and adhesives. It offers a wide range of industrial …

The Data Patterns (IPO) Initial Public Offering was subscribed 119.62 times by the end of its third and closing day. As of 16 December 2021, this public issue received bids for 84,89,85,725 equity shares against 70,97,285 shares allotted by Data Patterns. Data Patterns is a provider of defence and aerospace electronics solutions. This company operates …

CMS Info Systems, the largest cash management company in India, is all set to launch its IPO (Initial Public Offering) on 21 December 2021. The public subscription will be a pure OFS (Offer for Sale) by Sion Investment Holdings Pte Ltd. The company has recently cut its IPO size from a proposed Rs. 2,000 crores …