IPOs - Angel One

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 …

Bikaji Foods International Ltd has filed preliminary documents with SEBI in order to seek money via an IPO. The IPO comprises a pure offer for sale of up to 29.37 million shares by the company’s current promoters and shareholders. Deepak Agarwal and Shiv Ratan Agarwal each have up to 2.5 million shares in the OFS. …

Sufficient and cheap funding may become a thing of the past as international financial institutions scramble back to a normal interest rate environment and begin restructuring their unduly bloated balance sheets. The US Federal Reserve is projected to end its quantitative easing programme by March 2022, and an American economist at Jefferies estimates that seven …

Despite market volatility and geopolitical worries, Finance Minister Nirmala Sitharaman stated on Tuesday that the government will proceed with the initial public offering of Life Insurance Corporation of India. “There is a buzz in the market and there is demand for the LIC IPO,” Sitharaman said, declining to comment on whether the IPO may be …

FedFina (Fedbank Financial Services Ltd.), a subsidiary of Federal bank, has filed the initial papers with market regulator Securities and Exchange Board of India to garner funds through an IPO (initial public offering). Keep reading to get the details! A Closer Look into FedFina’s Public Issue As per the company’s DRHP (Draft Red Herring Prospectus) …

The speciality marine chemical manufacturer Archean Chemical Industries Ltd. takes a step towards the launch of its IPO by filing the draft papers with market regulator SEBI this week. Read on to obtain more information on this matter! A Closer Look into Archean Chemical’s IPO As per the draft papers filed with the Securities and …

Archean Chemical Pvt. Ltd, a specialty marine chemical manufacturer sponsored by India Resurgence Fund, has filed its draft red herring prospectus for an initial public offering (IPO). According to the DRHP, the offering would consist of the primary issuance of Rs 2,000 crore worth of shares and an offer-for-sale of up to 19.07 million shares …