The National Stock Exchange (NSE), which is the largest bourse of the country, has been planning for its public offering for quite some time. It has been facing much pressure from its shareholders, who have wanted to liquidate their shares for over a decade now. It wrote to market regulator SEBI seeking permission to once …
New IPOs continue to enchant stag investors across all investment sectors. Taking a cue from the popular trend, two new companies have joined the IPO bandwagon, CMR Green Tech, and Paradeep Phosphates. Let us uncover more details about these upcoming IPOs below! CMR Green Tech IPO – Latest Development A leading metal recycling company, CMR …
The IPO frenzy of India in 2021 is reaching new heights, with reports from various sources claiming it will hit the Rs. 100 lakh crore mark. After hitting a few snags in the previous financial year due to the Covid-19 outbreak, this is a positive sign. The market, in general, has recovered well, and Sensex …
Casagrand is a famed real estate developer based in Chennai. To fuel growth plans, this real estate developer is planning to fundraise a maximum of Rs. 1,000 crores via its initial public offering. Moreover, the company plans to enhance its footing in Bangalore and enter the Hyderabad market by investing Rs. 1,500 crores. Bangalore and …
By the third and last day of Paras Defence IPO, i.e., 23 September 2021, the company’s shares were subscribed 304.26 times. Paras Defence is among the leading players in the field of defence and space engineering products and solutions. Its diverse offerings and advanced R&D capabilities make this company stand out among its peers. To …
One of India’s premier asset management companies, the Aditya Birla Sun Life AMC, is expected to make its stock market debut with an Rs. 2,768 crores IPO next week. The long-awaited IPO is finally going live on 29 September 2021, and it will close on 1 October 2021. The asset management company filed its DRHP …
One of India’s premier asset management companies, the Aditya Birla Sun Life AMC, is expected to make its stock market debut with an Rs. 3,000 crores IPO next week. The asset management company filed its DRHP in April. However, the capital market regulator SEBI put it in abeyance due to some regulatory violations. On 5 …
The Centre is likely to block Chinese investors from buying shares in what could be India’s biggest ever IPO (Initial Public Offering) worth $12.2 billion. While GOI (Government of India) will allow foreign investors to participate in this IPO, it is suspicious of Chinese ownership. The State-owned insurance giant LIC (Life Insurance Corporation) is considered …
Local IPOs have recently heated up to quite a frenzy. This is despite the economic slowdown brought by the deadly pandemic. All this has led to a rewarding year for Indian investment bankers. Interestingly, Mumbai listings have raised as much as $10.2 billion in 2021. Moreover, banks involved in these offerings have churned out humungous …
Macleods Pharmaceuticals intends to file its DRHP by next January. This Mumbai-based company is planning to get listed on the stock exchange by next year. To achieve the targeted timeline, this drug-maker is completing every necessary IPO-related task one after another. This time, the company has selected banks to oversee its public offering. Here’s more …
