CSB BANK IPO REVIEW
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 promising.
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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.
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.
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. `
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.
Goldman Sachs says it sold out of Uber stake after IPO lockup expired
Chief Financial Officer Stephen Scherr said on the bank’s earnings call Wednesday that it closed its position in Uber in the fourth quarter last year. Goldman owned about 10 million shares of Uber at the time of the IPO, turning a $5 million wager using the firm’s own money back in 2011 into a major windfall.
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.
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.
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.
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.
CSB Bank to list on bourses on Wednesday
Axis Capital and IIFL Securities were the managers to the offer.
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