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Saudi Aramco raises IPO to record $29.4 billion through greenshoe option

Investors were allocated the additional shares for the option during the book-building process.

Prince Pipes to list on Monday; check share allotment

Traders said the scrip is trading at a Rs 5-8 discount to issue price in the grey market.

Prestige Estate: Listing of REIT may lead to re-rating

​​GIC already owns 4.4% in the company but with the preferential shares allotment may be viewed as a step closer to the REIT IPO as it will bring the expertise to manage the REIT like Blackstone is managing for Embassy.

All you need to know about IPO allotment process

The minimum bid lot is defined based on the minimum application amount.

Airtel Malawi plans to raise $37.5 million via IPO

“Airtel Africa PLC ("Airtel Africa" or "Group")... further to its announcement of 11 December 2019 of its intention to float its local business Airtel Malawi PLC ("Airtel Malawi" or the "Subsidiary) on the Malawi Stock Exchange, today announces the price for the initial public offering ("IPO" or the "Offer")," said the company on Tuesday.

State Bank of India adds a record 3.6 lakh shareholders in December quarter

The total number of public shareholders in India’s largest public sector lender has increased to 18.54 lakhs at the end of December.

CSB Bank IPO listing: Here's how to check your share allotment status

Traders said the scrip is trading at a Rs 65-67 premium in the grey market.

Ujjivan Small Finance Bank share allotment likely today: Here's how to check

The IPO saw an overall 165.68 times subscription by end of third and final day of the bidding process.

What is Member-Client Agreement Form?

The agreement mentions that the member, on the other hand, agrees to be satisfied by the genuineness and financial soundness of the client and making the client aware of broker’s liability for the business to be conducted.

Sebi bans 3 persons for 7 years for creating sham identities to transact in market

Besides, they have been asked to disgorge unlawful gain of about Rs 7 lakh, including interest.

Rs 32,500 crore on tap to fund IPO bets

Out of the 15 IPOs so far this year, only three were financed by the NBFCs.

Ujjivan SFB IPO subscribed 1.62 times on Day 1

The issue received bids for 3,37,51,600 against an issue size of 12,39,58,333 shares.

IPO market may recover in 2020, follow-on volumes to remain strong: Kotak Investment

Qualified institutional placements (QIPs) have witnessed a rebound in the year so far.

Brokers advise clients to buy share of SBI ahead of credit card unit’s IPO

SBI shareholders likely to have better chance of getting allotment even if they hold one share.

IPO: CSB Bank mops up Rs 184 crore from anchors

The bank, which was earlier known as, The Catholic Syrian Bank, has priced the offer in the range Rs 193-195 per share.

Pre-trade share allocation to funds may be mandatory

Institutional investors may have to disclose in advance quantity of shares meant for a fund.

Ujjivan SFB raises Rs 304 cr from anchor investors; here’s what analysts say on IPO

The SFB has finalised allocation of 8,20,94,594 shares to anchor investors at Rs 37 per share.

Aditya Puri family nets Rs 200 crore selling HDB stake

HDB Fin Services which is considering an IPO is valued at Rs 90,000 crore in the unlisted market.

Should you book profit or hold Ujjivan Small Finance Bank after stellar listing?

After earning those notional fat gains, what should investors do now?

Glitches in ITR processing lead to bloated tax liability on capital gains

This has led to bloated tax liability on capital gains and denial of credit for TDS, among other issues.

Stocks in the news: SBI, Lupin, IndiGo, Lemon Tree, Bank of Baroda and JSPL

Pharma major Lupin said its alliance partner Concord Biotech has received approval from USFDA.

This much-awaited IPO is at the mercy of Dhoni and an ED probe

In unlisted market, the stock has eroded one-third of its value in last two months.

All you need to know about using UPI ID to apply for IPOs

Sebi has now allowed investors to use their UPI (Unified Payment Interface) ID as a payment option for IPO issues. Here's the process.

Buffett's firm to largest DII, all hooked to India’s grey market: Here’s what’s buzzing

Here are some of the names that have kept the grey market abuzz over past few weeks.

Sterling & Wilson Solar successfully closes its IPO

Overall, the issue was subscribed 92 per cent, including anchor investors.

Sterling & Wilson Solar ends 7% below IPO price on listing day

The stock hit a low of Rs 691 and a high of 755.50 during the day.

Ola in talks with Microsoft for $200 million funding

Ola, which has about 200 million riders on its platform across India, the UK, Australia and New Zealand, had recently announced setting up of a research unit in the Bay Area to focus on new areas like e-vehicles and connected cars.

Cycling startup Peloton files for IPO as sales, losses surge

Peloton acknowledges that it operates in a young, brutally competitive market in the part of its IPO prospectus where it details the risks it faces.

India’s first startup IPO opens, to alter young entrepreneurs’ world

Markets regulator Sebi in February paved the way for a separate platform for startups.

Tax query: How is the interest paid on borrowings taxed?

Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.

Sterling & Wilson Solar IPO subscribed 32% on Day 2

The portion reserved for qualified institutional buyers was subscribed 0.20 times.

Sterling & Wilson Solar IPO subscribed 9% on Day 1

The company on Monday said it has raised Rs 1,406 crore from 27 anchor investors.

IRCTC may end up with EPS of Rs 24-26 for FY20: Deepak Jasani, HDFC Securities

Once the institutions finished buying, IRCTC will probably react a bit on the downside.

IndiaMART IPO subscribed 50% on Day 1

On Friday, the company raised Rs 213 crore by allotting 21,95,038 shares to 15 anchor investors.

Tapping the bourses: The procedure for filing for an IPO with SME exchanges

Listing pre-supposes good corporate governance, which results in sustainability and helps generate an independent valuation of the company.

Many retail investors unable to navigate payments platform, miss out on Affle IPO

Bankers said many investors have struggled to operate the UPI platform.

Ask almighty: Sebi chief on Nilekani's God remark

The comments come after Nilekani said processes at Infy are so strong that God cannot change their numbers.

Volkswagen's $18.6 billion truck IPO to test CEO's overhaul plan

VW intends to offer stock in Traton SE for between 27 euros to 33 euros per share.

TruJet mulls IPO after 3 years; expects Rs 600 Cr topline by FY22

Trujet is the first airline in India to have started operations to all the routes under UDAN 1 and 2.

Metropolis IPO gets oversubscribed 5.8x

The quota for qualified institutional buyers (QIBs) was over subscribed 8.8 times.

MSTC IPO subscribed 5% on Day 1

At the upper price band of Rs 121-128 per, the issue size is Rs 226 crore.

Airtel Africa sets London IPO price band between 80-100 pence/share

Bharti Airtel currently owns 68.3 per cent in its Africa unit.

Sterling and Wilson Solar raises Rs 1,406 crore from 27 anchor investors

US-based Massachusetts Institute of Technology has also been allotted shares worth Rs 35 crore.

The week that was in 10 stocks: Bluechips at new highs, Jet’s zigzag show, and a new IPO

The Sensex slipped 0.65 per cent to 39,194 for the week ended June 21.

Embassy REIT IPO will list ahead of schedule on April 1

REITs are required to be listed on recognised stock exchange within 12 days of closure of offer.

MSTC IPO kicks off: Should you subscribe?

The company is engaged in e-commerce, trading and recycling.

Allotment of shares to FPIs in IPOs need to be verified with PAN: Sebi

Purchase of equity shares of each company by a single FPI or an investor group would have to be below 10 per cent of the total issued capital of the company.

Day 2: MSTC IPO subscribed 11% so far

The issue received bids for 19,21,500 shares by 4:30 pm, which was 11 per cent of the total issue size of 1,76,70,400.

Lyft aims for calculation near $20 billion in biggest US IPO

Lyft warned in its filing that expenses are likely to increase and that it may not be able to “achieve or maintain profitability in the future.”

Airtel Africa constitutes new board post equity allotment to 6 investors

Airtel Africa has been experiencing healthy revenue growth in voice and data services and had posted strong performance in its Airtel Money business.

Affle raises Rs 206.55 crore from anchor investors

The Rs 459-crore initial public offer (IPO) by Affle India, a company in which Microsoft is a minority shareholder, will open for subscription on Monday.

Airtel Africa makes a weak debut on LSE

“It does show the market is tricky,” said a person close to the transaction.

Affle is a global opportunity, says CEO

We are already public now and the journey of building value for the shareholders has started.

Use of UPI for IPOs can boost capital market participation

IPOs of good companies historically have been the reason for growing investor base.

Airtel Africa falls 16% after London listing

Telecom company also completes listing on Nigerian stock exchange

MSTC IPO overall subscribed 1.12 times; NII quota sees good demand

At the upper price band of Rs 121-128 per share, the issue size stands at Rs 226 crore.

Embassy Office Parks REIT to raise Rs 4,750 cr via IPO

The investment trust has fixed a price band of Rs 299 to Rs 300 per unit for the offering.

Sebi asks banks to compensate retail investors if they fail to allot shares in an IPO

No compensation would be payable in case the listing price is below the issue price.

IndiaMart raises Rs 213 crore from anchor investors

At the upper end of the price band, the offer is expected to raise about Rs 475 crore.

The week in 10 stocks: Stocks that surged up to 23%, IPO update plus fresh all-time highs

Take a look at top stocks and sectors that kept investors glued to their seats the whole week.

Flair Writing, Neccon Power get Sebi nod for IPOs

The total number of companies getting clearance from the Sebi has reached 75 this year so far.

Flair Writing Industries files IPO papers with Sebi

The initial public offering comprises equity shares of face value of Rs 10 each of Flair Writing aggregating up to Rs 450 crore.

Over half of the IPOs since 2017 trading below offer price

Market observers say such a correction in the newly-listed companies was imminent.

Market in retreat and deferred IPOs upset PE investors’ exit plan

The Sensex has fallen over 12 per cent bringing the IPO market to a halt.

SAT pulls up Sebi over victim redressal

“Disgorgement without restitution does not serve any purpose,” it said, while delivering a judgement in the matter of Vital Communications earlier this month.

HDFC Bank’s next boss needs to win Aditya Puri's 15-day challenge

HDFC Bank’s growth and performance are widely attributed to Puri’s no-nonsense approach.

SoftBank is said to place all shares for $23 billion IPO

SoftBank is set to announce the final offering price on Monday.

HDFC AMC IPO to list today; HNIs pray for at least 45% pop

IPOs receiving similar subscription have delivered 56% listing gains.

Aavas Financiers IPO pricey, but can be a long-term bet

The company serves customers largely untapped by the top HFCs.

CDSL IPO mega hit, but you may not get share allotment

CDSL's IPO is the most subscribed maiden issue in over a decade on Dalal Street.

Bharti Airtel eyes $1 billion from 25% stake sale in African unit

Airtel is turning to its overseas arms to cut debt, as its prepares to list its Africa unit on London Stock Exchange.

Sebi directs HDFC AMC to call off pre-IPO placement

HDFC Asset Management had filed papers with Sebi in March for an IPO.

A wide array of tests makes Metropolis special: Ameera Shah

Its Rs 1,204-crore initial public offer (IPO) opened for subscription on Wednesday.

Metropolis Healthcare raises Rs 530 crore from anchor investors

The price band has been fixed in the range of Rs 877-880 per share.

Retail IPO investors may soon get an alternative payment option

Investment bankers handling IPOs said implementing the new system will not be easy.

Things to know before investing in REITs

An investor can apply for investment in REITs through his demat account, either online or by filling up the IPO form and indicating demat account details.

ICICI Securities IPO subscribed 29% on Day 1

The price band of the issue has been fixed at Rs 519-Rs 520 per share.

Sebi proposes alternative payment mechanism for retail investors in IPO

The regulator has sought comments from the public till August 15 on the proposal.

HDFC AMC IPO flies, subscribed 98% so far on Day 1

Demand was seen mainly from qualified investors buyers (QIBs) and retail investors.

CreditAccess Grameen IPO subscribed 25% on Day 1

The Bengaluru-based firm on Tuesday raised over Rs 339 crore from anchor investors.

IPOs that see big listing gains quickly go into long hibernation

Stocks with strong listings tend to lose steam after six months of their debuts.

MFs exit ICICI Securities stock at a loss within 3 months of IPO

Fund managers are known to participate in anchor allotment in IPOs.

Reliance Capital to exit MF biz, use funds to cut debt

RNAM will continue to remain a public limited company after the open offer.

ICICI Securities IPO subscribed 78% on Day 3

Investors bade for 3,46,75,704 shares against the total issue size of 4,42,25,343 shares.

Sebi orders ICICI MF to return Rs 240 crore invested in I-Sec IPO

Sebi thinks the act of the fund house was not in the best interest of investors.

Aavas Financiers IPO: CEO unfazed by NBFC mayhem, says it has a differentiated model

Aavas had a CRISIL credit rating of A+ in FY18 against BBB+ in FY14.

Eyeing IPOs this season? Take note of what is going on there

The aim of many IPOs in recent months has been to give early investors an option to exit.

Should you invest in RITES IPO? Here's what top brokerages say

All brokerages covering the IPO have assigned ‘subscribe’ rating to the issue.

Aavas Financiers' Rs 1,734-crore IPO opens: Will you take the bet?

The price band for the public issue has been fixed at Rs 818-821.

Newgen Software IPO subscribed 19% on Day 1

The price band for the issue is fixed at Rs 240-245 and the bid lot is 61 equity shares.

Once the world’s most valuable startup, Xiaomi IPO could value it at half its initial goal

Xiaomi started marketing the deal to investors Thursday, touting cornerstone investments from US wireless-chip giant Qualcomm Inc. and SF Holding Co., the Chinese equivalent of FedEx Corp.

ICICI Securities cuts IPO size after issue saw undersubscription

The brokerage said it has successfully closed the OFS and has raised around Rs 3,500 crore.

HDFC MF to make private placement of 16 lakh shares ahead of IPO

Marketmen believe HDFC MF could be valued at Rs 30,000 crore.

Mahindra Logistics IPO subscribed 7.9 times

Mahindra Logistics is a third-party logistics company of the Mahindra & Mahindra Group.

DLF's QIP mops up Rs 3,173 crore to prepay debt

The debt stood at around Rs 7,000 crore at the end of December 2018.

Aster DM Healthcare IPO receives 25% bids on Day 1

The price band for the offer is set at Rs 180-190 per share.

DLF to raise Rs 3,200 crore via QIP; issue subscribed two times

According to market sources, the DLF's QIP offer has been over-subscribed by two times at a price of around Rs 183-184 apiece.

Flipkart delivers $100m Esops to a chosen few

Esop distribution took place as part of the company’s annual performance assessment programme.

HDFC AMC IPO to open on July 25; sets price band at Rs 1,095-1,100

The initial share-sale offer will be open for public subscription from July 25 to 27.

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