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Initial Public Offer News


How Are Shares Allotted In An IPO?
IPO or initial public offer is the means taken on to by companies for mopping up funds for various requirements such as for corporate purposes, pre-payment or repayment of debt, expansion etc. Now the IPO may be inclusive of both the ...
Zomato's Rs 9,375 Crore IPO To Open On July 14
Ant Group-backed food ordering platform Zomato on Thursday said it plans to raise Rs 9,375 crore through its initial share sale that will open for subscription from July 14 to 16. The price band for the issue has been fixed at ...
5 Risks To Understand When Investing In IPOs
Since the Covid 19 2.0 wave has hit the country, there have been no new IPO launches, but a number of companies from across sectors have lined up for their IPO offerings. Now as we saw mind boggling subscription together with ...
LIC's IPO May Be Postponed To Next Fiscal
Life Insurance Corporation (LIC's) mega initial public offer is likely to be launched in the next fiscal as the centre would first have a glance on the independent actuarial valuation of LIC, a top official is quoted as saying in ...
LIC IPO Could Be Even Bigger With 25% Stake Sale
LIC with a proposal to sell close to 25% can be even bigger than proposed earlier. And retail investors will be better off investing to the issue, as they will get a pie of bonus as well as discounts. "The ...
IRFC Files Draft Papers For IPO
Indian Railway Finance Corporation (IRFC) has filed draft papers with SEBI for floating an IPO issue. As per draft red herring prospectus, the public issue is of up to 140,70,69,000 equity shares of which up to 93,80,46,000 equity shares are fresh ...
CSB Bank To List On Bourses On Wednesday
Catholic Syrian Bank which opened its IPO issue between November 22 and 26 to raise a total of Rs. 410 crore will list on bourses on Wednesday. The Kerala based bank received overwhelming interest and was subscribed 86.89 times. The ...
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