IPOs - Angel One

One of the market leaders in the precious engineering segment of India, Harsha Engineers International, has decided to refile its draft papers with the capital market regulator to initiate an IPO of Rs. 755 crores. Currently, the promoters of Harsha Engineers International hold 99.7% equity of the company. This public issue will include an offer …

Civil construction project developer GR Infraprojects Ltd. is in talks to house a few of its operating road assets under an InvIT (Infrastructure Investment Trust). The company wishes to go ahead with a public listing of this InvIT and raise around Rs. 1,200 crores, as per sources. Read along to find out more about this! …

Inox Wind, a wind energy service provider, said on Tuesday that its significant subsidiary Inox Green Energy filed a draft red herring prospectus with the market regulator SEBI for an initial public offering on February 7, 2022. The proposed offer includes a new issuance of equity shares worth up to Rs 370 crore and a …

The insurance industry is particularly difficult to value. Because there are just six publicly-traded insurance firms in India, understanding of the terminology and conditions is still developing. Retail investors who have their eyes and hearts set on the Life Insurance Corporation of India’s mammoth initial public issue, which is expected to reach the markets in …

The subscription period for Vedant Fashions’ IPO started on 4th February, 2022, and will run through 8th February, 2022. The public issue of Rs 3,149.19 crore was acquired 0.14 times, while the retailer portion was acquired 0.22 times, according to the Vedant Fashions IPO subscription status after the initial day of bidding. Vedant Fashions’ share …

During the December quarter, the revenue of NSE hiked 2 times at Rs. 2,367 crores. The consolidated net profit is reported at Rs. 1,348 crores, growing 5 times. Isn’t it a whooping jump from Rs. 208 crores during Q3 of 2020? Keep reading to get the details! What About the Business of NSE? Before its …

With the final quarter of FY 22 drawing to an end, the entire nation is waiting for the blockbuster initial public offering of Life Insurance Corporation. The Government of India is all set to file the Draft Red Herring Prospectus of LIC IPO with the Securities and Exchange Board of India (SEBI), the market regulator. …

Vedant Fashions Ltd., the owner of Manyavar, conducted its anchor round on Thursday, 3 February 2022. This celebration and wedding wear brand raised around Rs. 945 crores from the anchor investors in this round ahead of its initial public offering. Vedant Fashions IPO is set to go live for subscription on Friday, 4 February 2022. …

Recently, the Modi Government had set disinvestment as one of its financial agenda. This was announced in the Budget 2021 last year but has since been scaled down. The LIC IPO, which this government is rushing to clear in this last quarter, is going to be key if the government wishes to achieve its disinvestment …

The new year brings forth a tough time for IPOs. Globally, initial public offerings worth $26.7 billion have been priced, indicating a 60% fall from a year back. Due to pressure from tumultuous markets, pulled deals have been piled up. Sail through this blog to get the ultimate picture! What’s the Global Scenario for IPOs? …