Blackstone-backed Aadhar Housing Finance files for $1-bln IPO
The offering will comprise a fresh issue of shares worth up to Rs 15 billion by the housing financier and shares worth up to Rs 58 billion by BCP Topco VII Pte Ltd, an entity managed by Blackstone that owns 98.72% in the company.
The IRFC IPO drew strong response from investors last week as it was oversubscribed several times with retail and high net-worth individuals driving the interest.
Home First Finance IPO subscribed 27 times on the final day
The IPO proposed to raise Rs 1,153.71 crore which comprises a fresh issue of Rs. 265 crore and an offer for sale of Rs. 888.71 crore by promoters and existing investors and individual shareholders.
Stove Kraft IPO subscribed 99% on Day 1
Analysts remain neutral on the issue and advised only aggressive investors with high risk appetite to participate in the IPO.
Stove Kraft IPO opens for bidding: Should you subscribe?
They are largely neutral on the issue and advise only aggressive investors with high risk appetite to participate in the IPO.
Paytm, PolicyBazaar parent among 6 startups looking at global listing
While legal amendments for a global IPO have been undertaken, guidelines on where they can list as well as the tax regime are yet to be thrashed out and companies are expecting that it will be clearer in the Budget.
Aadhar Housing to file for Rs 7,300 cr IPO
Public issue likely this quarter; 4x RoI for Blackstone as it monetises stake
Stove Kraft issue aggressively priced, needs high risk appetite
Stove Kraft’s increasing profitability in recent months, mainly from cost-cutting measures and improved investor sentiment about the kitchenware segment, may help the company with a positive listing. The three-day IPO opens on Monday.
Stove Kraft IPO opens today: Analysts' take, grey market trend and other key details
Abhay Doshi, founder of UnlistedArena.com, who tracks grey market trends, said that the stock was surprisingly trading at a premium of Rs 100 in the grey market on Friday.
Stove Kraft mobilises over Rs 185 cr from anchor investors ahead of IPO
A total of 48,22,290 shares have been allotted to 32 anchor investors at Rs 385 apiece, which is the upper end of the price band. At this price, the company raised Rs 185.68 crore, according to a BSE circular issued late evening on Friday.
Indigo Paints IPO subscribed over 117 times on final day
The IPO comprises a fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares.
Zomato set to close $500 million pre-IPO funding round
With the fresh capital, Zomato is expected to have a valuation of $5.5 billion and $1 billion in cash as it inches closer to an initial public offering (IPO) by June this year.
Home First Finance IPO sails through on Day 1
The housing finance company (HFC) had on Wednesday raised a little over Rs 346 crore from 25 anchor investors.
Indigo Paints IPO subscribed nearly 7 times on Day 2
Analysts said that while the asking valuations look demanding, one can subscribe to the issue, citing the paint maker's improving performance and scope for the market share expansion.
Stove Kraft IPO to open on Jan 25; price band fixed at Rs 384-385 a share
This would be the fourth company to launch an IPO in this year, after Indian Railway Finance Corporation which concluded on Wednesday, while Indigo Paints and Home First Finance Company are currently open for public subscription.