Shree Tirupati Balajee IPO subscribed 68.98 times on Day 3, check details

Shree Tirupati Balajee IPO subscribed 68.98 times on Day 3, check details

Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available. The IPO shares … Read more

IPOs next week: Ola Electric and Akums Drug to hit Dalal Street; two listings expected, check full list here

IPOs next week: Ola Electric and Akums Drug to hit Dalal Street; two listings expected, check full list here

Indian stock market after the Union Budget 2024 announcement is set to witness the launch of two new initial public offerings (IPOs) and the listing of two companies in the coming week. Dalal Street is expected to witness the issue of the two pharmaceutical sector IPOs, one EV maker IPO, and one SME IT company … Read more

SEBI puts Jaipur-based SK Finance IPO in abeyance; details here

SEBI puts Jaipur-based SK Finance IPO in abeyance; details here

The Securities and Exchange Board of India (Sebi) has put on hold the proposed initial public offering (IPO) of SK Finance, a non-bank lender focused on vehicle finance and business loans. Without specifying reasons, Sebi stated that the “issuance of observations (has been) kept in abeyance,” as per an update on its website on Monday. … Read more

Colombian airline Avianca plans to confidentially file for US IPO

(Adds background on airline in paragraphs 5, 10-11) July 1 (Reuters) – Avianca Group plans to confidentially file for an initial public offering in the United States, the holding company for the Colombian airline said on Monday. The Bogota-based airline, with over 100 years of operation since 1919, is moving ahead with its listing more … Read more

IPO rush sets up India’s equity market for another record year

IPO rush sets up India’s equity market for another record year

Ola Electric Mobility, Swiggy Pvt. Ltd, National Securities Depository Ltd (NSDL), Afcons Infrastructure Ltd, and FirstCry operator BrainBees Solutions Pvt. Ltd have already filed with the Securities and Exchange Board of India for their initial public offering of shares.  Tata Capital Ltd, JSW Cement Ltd, and Hexaware Technologies Ltd are also expected to join the … Read more