Leading IT solutions provider, Inspira Enterprise has received SEBI’s nod to generate as much as Rs. 800 crores via IPO. The public issue will consist of a fresh equity issuance worth Rs. 300 crores and an offer for sale of Rs. 500 crores by Manjula Jain Family Trust, Prakash Jain and Prakash Jain Family Trust, …
The Common Service Centres are physical outlets where the Government of India’s e-services to rural and remote locations are carried out. CSC, as it is commonly known, calls itself a government promoted company. Let’s look into the necessary details as this organisation attempts to raise money in an IPO. Key Highlights of Common Service Centre …
The public issue of Go Fashion, the owner of women’s bottom-wear brand, “Go Colors”, will be opening for subscription on 17 November 2021, Friday. As per the draft papers filed with SEBI, this IPO will contain fresh issuance of equity shares amounting to Rs. 125 crores. Moreover, it will include a secondary issue wherein promoters, …
India is witnessing a slew of IPOs in the recent past. From Zomato to Nykaa to LIC, some of the biggest names in their sector took a trip to Dalal Street in 2021. Hence, other smaller companies, too, are looking to capitalise on the warm welcome others have met. On that note, let’s delve deeper …
The IPO of Sapphire Foods India, which began earlier this week, was subscribed 6.62 times on its final day, as per BSE data. Sapphire Foods, which operates the Pizza Hut and KFC outlets in India, launched its Rs. 2,073 crores IPO on 9 November 2021. It was entirely an OFS of 1.75 crores shares by …
The IPO of Latent View Analytics opened on 10 November 2021. According to data from BSE, the Rs. 600 crores IPO received bids for 40.69 crores shares against an OFS of 1.75 crores shares. The company has fixed the price band at Rs. 190 to Rs. 197 for each share. In the first two days …
The Indian share market is witnessing a unique scenario with a flurry of companies going public. This has put the investment banks in charge of running these public issues in a position of profit. These financial institutions have pocketed record income as fees for running these IPOs. As per the documents filed by different consumer …
Fino Payments Bank has unfortunately not capitalised on the bull run markets, as non-institutional buyers stayed away from the sale. Fino Payments Bank launched its IPO on 28 October 2021 and 2 November 2021 was subscribed 2.03 times. Its shares also had a lukewarm response on the bourse. Fino Bank’s stock was listed at a …
With Indian Equity Benchmark Indices trading at historical high levels there has been a lot of traction visible in the primary market as well. It is natural that when the secondary markets are running full throttle, it gives impetus to the primary market also. As the equity benchmark indices hit the new all-time high levels …
Vedant Fashions Ltd., which owns the Manyavar brand, will float its IPO or initial public offering on 4 February 2022. According to its red herring prospectus, its initial share sale will end on 8 February 2022. If you are keen on investing in this company, check out some details of its IPO below. Let’s start! …
