IPOs - Angel One

An Overview Most traditional metrics, such as yield differentials and price-to-earnings multiples with benchmark bonds, appear to overvalue Indian equities, but the pattern among promoters to uniformly increase ownership in listed companies represents their self belief in their companies, according to central bank economists in their recent data on the economic situation. The Reserve Bank …

The chairman of India’s largest insurance provider, LIC, seems positive about touching the milestone with its public offer in March 2022. During an exclusive interview, Chairman MR Kumar stated that preparations for this IPO are sprinting. He also described what this mega IPO would mean for investors, shareholders and the stock market. Keep reading to …

Firstly, the stock market is rallying thanks to the successful COVID-19 vaccination program. On the back of this happy news, multiple technology unicorns have taken to listing since January 2021. 2021 has witnessed several companies going to Dalal Street to raise funds for the first time. Some of these companies are Nykaa, Zomato, Paytm, etc. …

The much anticipated public offering of NSE could be instigated in the upcoming weeks since SEBI is willing to permit the bourse to re-filing its DRHP for the IPO. According to sources, NSE is firm to roll out India’s biggest IPO after receiving the market regulator’s nod. Interestingly, the public offer is expected to seek …

Fino Payments Bank has unfortunately not capitalised on the bull run markets, as non-institutional buyers stayed away from the sale. Fino Payments Bank launched its IPO on 28 October 2021 and 2 November 2021 was subscribed 2.03 times. Its shares also had a lukewarm response on the bourse. Fino Bank’s stock was listed at a …

The Indian share market is witnessing a unique scenario with a flurry of companies going public. This has put the investment banks in charge of running these public issues in a position of profit. These financial institutions have pocketed record income as fees for running these IPOs. As per the documents filed by different consumer …

The IPO of Latent View Analytics opened on 10 November 2021. According to data from BSE, the Rs. 600 crores IPO received bids for 40.69 crores shares against an OFS of 1.75 crores shares. The company has fixed the price band at Rs. 190 to Rs. 197 for each share. In the first two days …

The IPO of Sapphire Foods India, which began earlier this week, was subscribed 6.62 times on its final day, as per BSE data. Sapphire Foods, which operates the Pizza Hut and KFC outlets in India, launched its Rs. 2,073 crores IPO on 9 November 2021. It was entirely an OFS of 1.75 crores shares by …

India is witnessing a slew of IPOs in the recent past. From Zomato to Nykaa to LIC, some of the biggest names in their sector took a trip to Dalal Street in 2021. Hence, other smaller companies, too, are looking to capitalise on the warm welcome others have met. On that note, let’s delve deeper …

The public issue of Go Fashion, the owner of women’s bottom-wear brand, “Go Colors”, will be opening for subscription on 17 November 2021, Friday. As per the draft papers filed with SEBI, this IPO will contain fresh issuance of equity shares amounting to Rs. 125 crores. Moreover, it will include a secondary issue wherein promoters, …