IPOs - Angel One

India’s IPO frenzy is expected to break all previous records this financial year, and MapMyIndia is going to be a play a significant role in it. The India-based digital mapping company with a valuation of Rs. 6000 crores is planning to fundraise around Rs. 1200 to Rs. 1300 crores through a public offer. As per …

Delhivery, a logistics and supply chain start-up, is the latest Indian company to join the ongoing IPO frenzy. The company is gearing up for its massive $1 billion IPO and plans to file its draft paper in October 2021. As per sources familiar with the developments, Delhivery expects to make its stock market debut in …

Kedaara Capital funded Vijaya Diagnostic Centre Ltd. will open its IPO on 1 September 2021. The public offering is set to close on 3 September 2021. As per reports, Vijaya Diagnostic IPO will be entirely an offer for sale (OFS) of nearly 35.69 million shares by its current promoters and shareholders. Objectives of the IPO …

Ami Organics’ initial public offer will be opened for subscription on 1 September 2021. The said IPO would continue till 3 September. As per the DRHP, this public offer will comprise a new share issue worth Rs. 200 crores and an OFS of nearly 6.06 million shares by its shareholders and promoters. Here’s more on …

After the devastating effects of the second wave of Covid-19 and subsequent lockdowns across the country, the economy is on the path to recovery. The market is also showing steady growth, which is evident by Sensex’s recent rally to its highest ever mark. In the midst of such a positive market scenario, companies are lining …

Three insurance-related companies are gearing up to enter the primary market in the coming months, adding more fuel to the already charged-up IPO front. Want to know what’s more interesting? All three insurance firms come from different sub-segments of the sector. Here’s a quick take on the topic. A Sneak Peek into the Insurance IPO …

SEBI has put Gemini Edibles and Fats India’s proposed Rs. 2,500 crores IPO (initial public offering) in abeyance, according to an update on their website. The company filed DRHP (draft red herring prospectus) with the Securities and Exchange Board of India (SEBI) on 9 August 2021 to go public. However, as of 20 August 2021, …

DIPAM (Department of Investment and Public Asset Management) is set to finalise the lead managers for LIC IPO. Touted to be one of the largest public offerings to date, 16 lead managers are poised to make a presentation in front of a Government-appointed committee on the 24 and 25 August 2021. On Tuesday, i.e. 24 …

Renowned payment solutions provider AGS Transact Tech is planning an IPO of nearly Rs. 800 crores through an offer for sale by the selling shareholders. The company has already filed its DRHP with the market regulator SEBI on 20th August 2021. Want to know more about this upcoming IPO? Keep reading! A Closer Look at …

India’s market regulator SEBI has put the Rs. 4500 crores IPO of Adani Wilmar on hold due to an ongoing investigation against Adani Enterprises. SEBI mentioned that the observation issuance on the DRHP had been kept ‘in abeyance’ without further clarification. Let us take a closer look at this subject to know more! All you …