Dharmaj Crop Guard, an agrochemicals company, has filed its DRHP (draft red herring prospectus) with SEBI for an IPO (Initial Public Offering) that could raise Rs. 300 crores. It will comprise a fresh issuance of equity shares worth Rs. 216 crores and an OFS (offer for sale) by the company’s promoters consisting of 14.83 lakh …
The new year brings forth a tough time for IPOs. Globally, initial public offerings worth $26.7 billion have been priced, indicating a 60% fall from a year back. Due to pressure from tumultuous markets, pulled deals have been piled up. Sail through this blog to get the ultimate picture! What’s the Global Scenario for IPOs? …
Recently, the Modi Government had set disinvestment as one of its financial agenda. This was announced in the Budget 2021 last year but has since been scaled down. The LIC IPO, which this government is rushing to clear in this last quarter, is going to be key if the government wishes to achieve its disinvestment …
HP Adhesives IPO Date On December 15, HP Adhesives, a household sealants firm with a wide range of products and categories, will begin its initial public offering, which will run through December 17, 2021. HP Adhesives IPO Details The proceeds from the new issue would be used to meet working capital needs and expand production …
Gear up for another rollercoaster ride starting January 2022! The Indian stock markets will continue to be abuzz with activity as several Indian companies are lining up their initial public offers for the new year. For example, sources say that ethic wear giant Fabindia may launch its IPO early next year. For more details regarding …
COVID-19 disrupted the food delivery industry and made it difficult for startups to raise capital, which had prompted Zomato to go public in 2020. There was a point in time last year when the CEO of Zomato, Deepinder Goyal had made up his mind to go public even if it was only for $50 million, because …
Morgan Stanley and Goldman Sachs are among the institutional investors who are looking to buy into the initial public offering of MapmyIndia. As per individuals close to this matter, leading asset management companies of India, including HDFC Mutual Fund and SBI Mutual Fund, have placed bids to participate in the anchor book. To get more …
The initial public offering of RateGain was subscribed 17.41 times on 9 December 2021, receiving bids for 30,20,04,780 shares. That said, the total number of equity shares that were allotted for different investor categories was 1,73,51,146. RateGain Travel Technologies aimed to raise Rs. 1,335.74 crores at Rs. 425 per equity share. RateGain is a major …
As the IPO-action-packed year is drawing to an end, two companies have received the nod from market regulator, SEBI to float their IPOs. The companies are Anil Aggarwal’s Sterlite Power Transmission and Nashik-based ESDS Software Solution. They have received the Securities And Exchange Board of India’s (SEBI) approval to raise capital via an initial share …
Supriya Lifescience Ltd. will launch its IPO on 16 December 2021. It will close on 20 December 2021. According to the prospectus, the company may issue its shares at a discount to retail investors. Supriya Lifescience released details like the price band and lot size on Monday, 13 December. Read on to know all the …
