IPOs - Angel One

PB Fintech, the group that owns websites PolicyBazaar and PaisaBazaar, saw its shares listed at a premium of 23%. This premium is against the issue price of Rs. 980 as of 15 November 2021. So, let’s delve into knowing more about the IPO and the subsequent performance of PB Fintech below. Highlights of PB Fintech …

India’s capital market regulator Securities and Exchange Board of India, has proposed the utilisation of IPO funds. The target here is to limit the funds raised via IPOs that firms can use for the purpose of mergers and acquisitions unless they are clearly stated beforehand. Additionally, monitoring the funds reserved for general corporate purposes is …

Foreign portfolio investors are now reportedly turning their gaze to the primary market in India. According to news reports, FPIs have invested over Rs 46,000 crore in the primary market thus far in 2021. Data from reports suggest that FPIs have collectively invested over $2 billion in three leading initial public offerings (IPOs) by payments platform …

Indian beauty giant Nykaa saw an erosion in its profits because of the excessive advertising surrounding its IPO. After a massive and stellar performance on the IPO and later on the bourse, Nykaa has reported a marginal profit after tax. Here are the details regarding this story. Main details regarding Nykaa’s profit erosion Nykaa has …

India’s largest insurance provider LIC will start contacting anchor investors for its initial share sale in the coming week. Regarding this, the company has shared around 100 global investors’ names with the 10 banks handling this deal. These institutions will most likely approach different groups of investors. In addition, reports state that this state-owned insurance …

Go Fashion, the parent company of women’s bottom wear brand, Go Colors, has raised Rs. 456 in the anchor investment. This was ahead of the IPO, which the company has scheduled to take place on Wednesday, 17 November 2021. Here are more details regarding the anchor investment round of Go Fashion. Key Highlights of the …

India’s one of the leading women’s apparel brands has launched its offering starting today, 17th November 2021. ‘Go Fashion’ is a well-known brand amongst women recognized for its vivid heterogeneity with more than 50 variants of their products available in 120+ colors. The company manufactures and sells these bottom-wears in the brand name of ‘Go …

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. …