IPO - Angel One - Page 252

ideaForge Technology, a leading drone manufacturer in India, is one of the pioneers in the country’s unmanned aircraft systems industry. Established in 2007, is a company dedicated to the manufacturing of Unmanned Aircraft Systems. In the year 2022, they achieved an impressive market share of 50%. The recent offering by the company received a highly …

At the beginning of Q2 of the current fiscal year, several companies lined up for their debut in the stock market. Companies list themselves on the bourses through initial public offerings or IPOs. In the process, businesses raise fresh capital from the market by releasing the equity shares of their companies.   News about a new …

LIC and IDBI are in the final stages of negotiations to merge their assets. This will help LIC raise funds through an IPO. The deal is in the works before the mega IPO of the insurer. Together with the Union Government, LIC holds about 95 pc shareholding in IDBI Bank. LIC IPO has been long-awaited and …

By the third and last day of its IPO, i.e., 1 October 2021, Aditya Birla Sun Life AMC Ltd shares were subscribed a total of 5.24 times. Accordingly, the company’s public offer received bids for 14,57,09,180 shares against the 2,77,99,200 reserved shares for different investor categories. This lender had filed its preliminary papers with the …

Aditya Birla Sun Life AMC IPO subscription was carried out from 29 September 2021 to 1 October 2021. The size of this public offer was nearly Rs. 2,768.26 crores. By the third day of Aditya Birla public offering, its shares were subscribed 5.25 times. As per the announced IPO timeline, Aditya Birla public offer’s basis …

Mazagon Dock Shipbuilder Ltd.’s IPO will hit the market on September 29. The shipbuilder is a leading public sector undertaking under the Ministry Of Defense. The government is considering diluting a 10 to 15 percent stake in the shipbuilding company with a maiden public offering. The announcement came amid a slew of IPOs that has …

‘Baking the bun while the oven is hot’ – probably the same is happening to the Indian IPO segment currently. As interest investors returned to the market, the IPO segment is abuzz with action once again to capitalise on renewed  interest.  After a slew of new IPO launched in September, the frenzi is likely to …

One of India’s premier asset management companies, the Aditya Birla Sun Life AMC, is expected to make its stock market debut with an Rs. 3,000 crores IPO next week. The asset management company filed its DRHP in April. However, the capital market regulator SEBI put it in abeyance due to some regulatory violations. On 5 …

The board of Aditya Birla Capital has given the nod for an initial public offering of its subsidiary, Aditya Birla Sun Life Asset Management Company (AMC), as per stock exchange filings. The Aditya Birla Sun Life AMC IPO will be done as an offer for sale (OFS) as part of which the two promoters shares will …

One of India’s premier asset management companies, the Aditya Birla Sun Life AMC, is expected to make its stock market debut with an Rs. 2,768 crores IPO next week. The long-awaited IPO is finally going live on 29 September 2021, and it will close on 1 October 2021. The asset management company filed its DRHP …