Sources close to the matter have reported that Snapdeal is looking to float its IPO with a $250 million offer. The company is choosing to go public after a stellar year for IPOs in 2021. Let’s get down to the details of the story. Details of Snapdeal’s Proposed IPO Sources close to Snapdeal, the e-commerce …
Given the slew of IPOs that November 2021 witnessed, it is no surprise that the month should set some stock market records. Companies performed well in the IPO, so much so that they have raised twice as much as in the historic November 2017. November 2017 had been another stellar year for IPO in the …
An Overview According to sources, at least seven companies aim to conduct initial public offerings in the next 10-15 days, raising more than Rs 19,000 crore. The IPO of Star Health will begin on Tuesday, while the IPOs of tech firms RateGain Travel and CE Info Systems, as well as Anand Rathi Wealth, will begin …
Go Fashion, a brand operated by Go Colors got listed on the exchanges today, on 30th November 2021, with a massive 90 percent premium over its issue price. The Go Fashion shares were allotted at Rs. 690 per unit to the subscribers. At 10 AM, the shares of Go Fashion got listed on both, Bombay Stock …
An overview Ajay Tyagi’s tenure as chairman of the market regulator Securities and Exchange Board of India (SEBI) lasted four years and nine months and was mainly successful. He helped the market ecosystem whether the pandemic, managed record IPO mobilization, created a new risk-mitigation framework to protect millions of new investors joining the markets, and …
VLCC Health Care Ltd. has got the green signal from SEBI (Securities and Exchange Board of India) to introduce its IPO. Market sources say that its IPO may launch at the end of December. This issue will be in two parts, new issuance of equity shares and an offer for sale from promoters and existing …
Shriram Properties Limited has filed an updated DRHP to raise Rs. 600-700 crores via an initial share sale. This company had previously filed preliminary papers with SEBI in April 2021 to launch a public issue worth Rs. 800 crores. In June 2021, the capital market regulator had given this Chennai-based company the nod to float …
An Overview Tega Industries IPO will open for subscription on December 1, 2021, and end on December 3, 2021, for a total value of Rs 619.23 crore. The promoters and an existing shareholder have made an offer for sale (OFS) of 1,36,69,478 equity shares. The price band has been established at Rs 443-453 per share, with …
Star Health IPO – Company Information As per CRISIL reports, Star Health is the largest private health insurer in the Indian health insurance sector with a 15.5% market share. In FY20-21 it had a total gross written premium (GWP) of Rs 9,348.95 crores with a split of 87.9% in retail health and 10.5% in group …
On 25 November 2020, Thursday, Tega Industries set its IPO price band at Rs. 443-453 per equity share. The public issue of the Kolkata-based company comprises an offer-for-sale (OFS) of 1,36,69,478 shares; there will not be any fresh issuance of equity shares. As part of the OFS, promoters as well existing shareholders will be offloading …
