CSB BANK IPO
SBI Cards in for a bumper IPO going by grey market swipes
The company is likely to be valued at Rs 57,000-60,000 crore in the initial public offering.
IPOs worth Rs 50,000 crore to light up Street next year
Interestingly, the returns of the companies that debuted on bourses in 2019 are promi...
India Inc garners Rs 8.7 lakh crore from markets in 2019, debt preferred route
There will be good appetite for debt markets in the new year t...
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.
CSB Bank IPO overall subscribed 87 times
Overall, investors bid for 1,00,43,98,500 shares against 1,15,54,987 on offer.
Equitas Small Finance Bank files papers with Sebi for IPO
The IPO comprises of a fresh issue aggregating up to Rs 550 crore and an OFS of up to 8 crore equity shares by Equitas Holdings.
CSB Bank IPO sees subscription of 4.28 times on Day 2; retail quota subscribed 20 times
The offer received bids for 4,94,25,750 shares so far against the total issue size of 1,15,54,987 shares.
Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
Last week, the country's largest lender State Bank of India (SBI) had approved diluting up to 8.25 per cent stake in UTI AMC.
CSB Bank to open 425 branches in 5 years
MD and CEO C V Rajendran said the bank with majority of branches in Kerala and Tamil Nadu will increase its presence in key geographical locations such as Maharashtra, Gujarat, Andhra Pradesh, Punjab, Telangana and Karnataka. `
Bumper listing for Ujjivan Small Finance Bank? Grey market suggests stock may list at up to 70% premium
Ujjivan SFB is likely to fix the issue price at Rs 37, the upper limit of IPO price band.
Ujjivan SFB IPO subscribed 4.86 times on Day 2
The IPO received bids for 60,29,84,400 shares against the issue size of 12,39,58,333.
Prince Pipes IPO to open on Wednesday; will it add to IPO frenzy?
While the recent IPOs have seen a solid response, analysts are mixed on this particular IPO. The outstanding litigations against promoters, who have exposure to sectors such as infrastructure and real estate sector, is a key concern. Besides, analysts see a few listed pipe players as more appealing bets in the highly-competitive industry.
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.
Strong fundamentals make Ujjivan Bank IPO a good bet
The loan book has doubled between March 2017 and September 2019 while deposits improved.
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.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service