IPO - Angel One - Page 310

After receiving the green light from India’s Securities and Exchange Board (SEBI), Aditya Birla Sun Life is preparing to go public by the end of September 2021. Sources close to the company and lead managers have confirmed it. They are currently preparing the required documents, and updates will follow soon, as per a senior employee …

Nuvoco Vistas Corporation will open its initial public offer for subscription on 9 August and close on 11 August. Per the latest reports, this Nirma Group Company has set the price band for this initial public offer at Rs. 560 – 570. Also, the IPO equity share will have a face value of Rs. 10 …

Star Health and Allied Insurance Company has filed a draft red herring prospectus (DRHP) with market regulator SEBI to raise funds via an initial public offering. According to sources, the IPO will comprise a fresh share issue worth approximately Rs. 2000 crores. The listing will also consist of an OFS of around 6.01 crore equity …

The digital payments giant MobiKwik has filed DRHP with SEBI to raise Rs 1900 crore through an IPO. As per the draft document, the company will raise Rs. 1500 crores from the sale of primary shares. Additionally, it will raise a maximum of Rs. 400 crores through the sale of secondary shares held with existing …

An Overview of the IPO Chennai-based Star Health Insurance, India’s first and largest private standalone health insurance provider, is preparing a Dalal Street launch in 2021, backed by ace investor Rakesh Jhunjhunwala and private equity companies Westbridge Capital and Madison Capital. The firm’s IPO plans follow a dramatic rise in demand for health insurance policies …

GoAir Ready To Land at Dalal Street The travel industry has recently reached a snag as a result of the pandemic. Several firms have only recently bounced back and entered the stock market to list themselves publicly amidst the gradually normalising business activities. Several investors have shown interest in GoAir’s proposed initial public offering (IPO). …

Public sector ‘Maharatna’ unit Powergrid India is all set to roll out its InvIT IPO on April 29, 2021. Let’s now check all the necessary details associated with the offer that is creating a buzz in the market. Power Grid is set to become the first PSU to launch an InvIT IPO in the country. …

It’s IPO call for the PSU power ‘Maharatna’, Powergrid Corporation of India, which prepares to go public on April 29, 2021. The proposed IPO size of Rs 7,734,99 crores contains prime components worth Rs 4,500 crores. The rest of Rs 2,741.50 crore is OFS units. Powergrid Corporation of India Limited is a PSU that belongs …

Mumbai-based gaming and sports media platform Nazara Technologies is hitting the markets with its Initial Public Offering (IPO) that begins on March 17th and closes on March 19th. The Nazara Technologies IPO plans to raise Rs 583 crore through the markets with its offer of 5.29 million equity shares at a face value of Rs 4. About …

The Suryoday Small Finance Bank IPO date has been announced; the bank will launch its initial public offering on March 17. The Rs 582.33-crore offering will close for subscription on March 19. The price band for the IPO is Rs 303-305 per share, while the face value of a share is Rs 10. The offer accounts …