IPO: Page 3

News and Trends

Matrix Gas Concludes Pre-IPO Fundraising And Files DRHP For IPO

The company proposes to utilize the net proceeds from the fresh issue primarily towards meeting the working capital requirements for sourcing natural gas, rLNG and importing LNG cargoes

News and Trends

Utkarsh Small Finance Bank's Subscription Opens Today

USFB is aiming to raise INR 500 crore through its IPO and will get listed on the BSE. The IPO will consist fully of fresh issues with a face value of INR 10 and an offer price of INR 23-25.

News and Trends

Strong Debut! Cyient DLM Lists at a Premium of 52% Over the Issue Price

It was listed on the BSE at INR 401, and on NSE at INR 403 today, an over 50 per cent jump on the price band initially offered.

News and Trends

ideaForge Lists at a Premium of 94% at BSE

It was listed at INR 1,305.10 per share at the BSE and INR 1,300 per share at the National Stock Exchange against a price band of INR 638 to INR 672 offered by the drone manufacturers at the time of opening its initial public offering

News and Trends

Veefin Solutions Lists at BSE SME at a Premium

The IPO consists of 56,99,200 shares with a face value of INR 10, priced at INR 82 for a total of INR 46.73 crore. The minimum lot size is 1600 shares, which will equate to INR 1,31,200 per application.

News and Trends

SEBI Reduces IPO Listing Time To 3 Days

According to reports, the revised timeline of T+3 days will be made applicable in two phases

News and Trends

Cyient DLM To Open Its Rs 592 Crore IPO on June 27

Cyient aims at allocating 75 per cent of the Net Issue for qualified institutional bidders (QIBs), with 15 per cent being reserved for non-institutional bidders. The remaining ten per cent shall be allotted to retail investors.

News and Trends

Byju's Announces Plans For Aakash Education IPO In Mid-2024

According to an official statement released by the company, Byju's board has officially approved the IPO and it is expected to announce the appointment of merchant bankers for the IPO shortly

News and Trends

Indel Money Announces Third Tranche Of Its Public Issue Worth Rs 100 Crore

The company will open its issue on June 6 and close on June 19 (with an option of early closure in case of early oversubscription).

News and Trends

Ola Electric Engages Goldman Sachs And Kotak As It Aims For IPO By Early 2024

According to reports, the IPO planned by Ola Electric will consist of a combination of primary and secondary share offerings

News and Trends

SEBI To Cut Down IPO Listing Timeline

The proposed reduction in timelines for listing and trading of shares will reportedly benefit both issuers as well as investors

News and Trends

RR Kabel Files IPO Papers For INR 225 Crore

The proceeds from the IPO will be used towards funding repayment or prepayment of loans taken from banks and financial institutions, estimated at INR 170 crore

News and Trends

Pine Labs Shelves IPO Plans Considering Rout In Global Markets: Report

As per the report, Rau said that the company ended FY23 with net revenue of INR 1600 crore and positive EBITDA

News and Trends

Fundraise Through IPO More Than Halves To INR 52116 Crore In FY23: PTI

According to Prime Database, just 37 companies hit the main board listing process in FY23, much lower than 53 IPOs in FY22

Money & Finance

5 Things You Need to Know Before Taking Your Business Public

Ready for that next big step? Here are a few strategies to take into consideration when preparing for an IPO.