IPO - Angel One - Page 268

The Data Patterns (IPO) Initial Public Offering was subscribed 119.62 times by the end of its third and closing day. As of 16 December 2021, this public issue received bids for 84,89,85,725 equity shares against 70,97,285 shares allotted by Data Patterns. Data Patterns is a provider of defence and aerospace electronics solutions. This company operates …

The initial public offering of HP Adhesives was subscribed 20.96 times on its third and final day. As of 17 December 2021, investors put forth bids for 5,29,87,700 shares against 25,28,500 equity shares offered by HP Adhesives. HP Adhesives Ltd. is a manufacturer of industrial sealants and adhesives. It offers a wide range of industrial …

Data Patterns IPO On Thursday, the last day of bidding, Data Patterns‘ initial public offering (IPO) was oversubscribed by 119.62 times. In comparison to the IPO size of 70.97 lakh shares, the offer has received bids for Rs 84.89 crore shares. Bidding on the company’s shares, which supply electronic systems to the defence and aerospace …

FSN E-Commerce Ventures Ltd., the operator of the online platform for wellness and beauty products Nykaa, raised as much as Rs. 2396 crores via anchor investors. Nykaa made this announcement on 27 October 2021, a day before the opening date of its IPO. Moreover, after consulting with its merchant bankers, the company opted to allocate …

Capital market governing body, SEBI, has given a ‘go-ahead’ to Fino Payments Bank and Popular Vehicles and Services Limited to initiate their IPO proceedings. Both the companies have recently received the approval, i.e. observation letter, to go public. Observation letters are compulsory for initial share sales, and as per SEBI’s parlance, this letter signifies a …

The public issue of Latent View Analytics will be opening for subscription on 9 November 2021, Tuesday. The data analytics company had filed their draft prospectus with SEBI to raise funds of around Rs. 600 crores via an initial share sale. The initial public offer will consist of freshly issued equity shares amounting to Rs. …

Non-Banking Financial Companies (NBFCs) have started to issue ultra-short-term commercial documents since the beginning of this week. The sole objective here is to raise money as quickly as possible for the ongoing as well as the upcoming IPOs. Know About the IPO Scene With two ongoing initial public offers and four more to go live …

Investors who rely on external funding to subscribe to IPOs may end up paying two times the interest rate than what they used to as RBI is tightening the rules around it. As the demand for funds for this purpose is on the rise and liquidity tightens, the interest rates have amplified from 6%-7% to …

India seems to have become an IPO capital globally with a slew of big-ticket IPOs that organisations have announced. There are 5 big firms ready to take their plunge on the bourse in November. Let’s take a look at this full story! Key highlights of the IPOs opening in November The 5 companies that are …

API Holdings, the parent company of PharmEasy, is ready to file a draft red herring prospectus in the coming 7-10 days for an IPO worth Rs. 6,000 – 7,000 crores. This IPO will be a potential full primary share sale. Find more about this topic here. PharmEasy To Join a Pool of Top-Tier Start-ups With …