With LIC‘s mega Initial Public Offering (IPO) forthcoming, several companies have delayed their plans to open their IPOs. This is because LIC’s mega listing will reduce the liquidity of around $10 billion from the system. That is why many companies which had their draft papers approved by SEBI will wait for a while to successfully …
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 …
The government is expected to conduct a meeting to evaluate the IPO timeline in light of the intensifying Russia-Ukraine crisis. The much-anticipated initial public offering of state-run insurance behemoth Life Insurance Corporation of India (LIC) might be moved until the following financial year. According to insiders, a meeting for a possible LIC evaluation would be …
The government may postpone Life Insurance Corporation‘s massive initial public offering (IPO) until the next fiscal year, as the administration is expected to convene a meeting to reconsider the scheduling of the IPO in light of the intensifying Russia-Ukraine conflict. According to sources, the government is continuing its roadshows for the public offering. LIC’s initial …
The Securities and Exchange Board of India (SEBI) accepted Life Insurance Corporation’s (LIC) initial public offering (IPO) plan in 23 days, the quickest in sixteen years. According to SOURCES, the swift approval of the country’s biggest IPO to date has opened the path for faster approvals in future offerings, which would help IPO-bound firms. On …
24 March 2022 is marked by Ruchi Soya to release its follow-on public offering. As per the news, an additional FPO will be issued after the initial public offering made by this diversified FMCG company. This act of FPO comes in to meet the requirements of SEBI, where a listed business should possess 25 percent …
Reports suggest that the Government is planning to launch the much-hyped mega LIC IPO sometime around the mid of May 2022. It hopes that the market turbulence that has been triggered worldwide by the Russian invasion of Ukraine will calm down by then. Want to know more on this matter? Keep reading! Why Did the …
Rainbow Children’s Medicare, a multi-specialty hospital network sponsored by United Kingdom-based development financing organization CDC Group plc, has acquired SEBI clearance to undertake an initial public offering for Rs 2,000 crore. The IPO consists of new issuance of equity shares worth up to Rs 280 crore and an offer sale by the selling shareholders of …
As per bankers, the ISO certified multinational jewelry group Joyalukkas is planning to file draft papers for an initial public offering with market regulator Securities and Exchange Board of India (SEBI) within this week. Keep reading to know more about the fund planning and other Joyalukkas India IPO news insights! Know About the Plan of Joyalukkas for …
Ruchi Soya has lodged an FIR (First Information Report) at Haridwar against unsolicited text messages that asked investors to park money in the firm’s FPO (follow-on public offer). On Tuesday, 29 March 2022, the company clarified that none of its group companies, promoter group and directors is aware of such messages. Continue reading to get …
