Stock Analysis, IPO, Mutual Funds, Bonds & More

Nasdaq to tighten listing rules, restricting Chinese IPOs: Sources

This is the first time Nasdaq has put a minimum value on the size of IPOs.

SBI Cards IPO Allotment Status: Here’s how to check

SBI Cards is expected to get listed early next week.

SBI Cards IPO opens: Should you subscribe?

The management is confident that the IPO will sail through amid the ongoing market conditions.

Virus scare threatens to chill frenzy for SBI Card IPO, cut listing gains

Small investors in the primary market are worried if the rout can hurt the prospects of the IPO.

If grey market is telling the real story, here is your next multibagger

Brokerage Edelweiss Securities in a report said the issue will open during March 2-5.

SBI Cards IPO likely to hit Street in early March

The company will offer up to 13.05 crore equity shares via the offer for sale route, according to the draft red herring prospectors (DRHP).

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.

Mattress startup files for IPO as losses grow

The company’s marketing strategy includes use of influencers to tout its products online. It cites relying on them as a risk that “may materially and adversely affect our reputation or subject us to fines or other penalties”.

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.

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.

Antony Waste Handling Cell IPO subscribed 13% on Day 2

The price band of the issue is set at Rs 295-Rs 300 per equity share.

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.

View: Saudi Aramco's true value is still a mystery

A more open Aramco can only be a good thing, but much will depend on whether it embraces transparency (despite the Kingdom of Saudi Arabia owning almost all of the stock). The IPO process invited a global discussion about Aramco’s true value.

SBI Card IPO subscribed 39% on Day 1; here’s what analysts say

According to the company, SBI Card IPO saw record 8.52 lakh applications on the first day.

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.

India’s SBI Cards is on track to pull off $1.4 billion IPO

SBI Cards & Payment Services Ltd. had received orders for 15.5 times the shares on offer by Wednesday.

IRCTC quotes 69-71% premium in grey market, promises strong listing gains

When interest in the primary market picks up, grey market activity picks up as well.

Pre-trade share allocation to funds may be mandatory

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

All you need to know about IPO allotment process

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

Neogen Chemicals IPO fully subscribed on Day 2

The IPO was subscribed 27 per cent on the first day of bidding Wednesday.

Neogen Chemicals IPO subscribed 27% on Day 1

The company had on Tuesday raised Rs 39.70 crore from seven anchor investors at Rs 215 per share.

Sterling & Wilson Solar successfully closes its IPO

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

Neogen Chemicals IPO subscribed 41 times on Day 3 so far

The company had on Tuesday raised Rs 39.70 crore from seven anchor investors at Rs 215 per share.

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.

Polycab India IPO overall subscribed 52 times, biggest since HDFC AMC

Polycab is the first issue of 2019 to see subscription of 10 times or more.

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

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

One theory why Lyft, Uber IPOs flopped: special purpose vehicles

Uber’s IPO flop suggests investors are growing wary of the business prospects in ride-hailing.

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.

SBI Cards IPO likely to disappoint investors on debut, suggests grey market

SBI Cards is likely to fix the issue price at Rs 755, the upper limit of IPO price band.

A wide array of tests makes Metropolis special: Ameera Shah

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

SBI Cards mops up Rs 2,769 crore from anchor investors

Shares have been allotted at the offer's upper price band of Rs 755 apiece, as per a regulatory filing.

Retail investors and employees lead bids for SBI Card IPO

The IPO received bids for 39.4 million shares out of 100.4 million shares on offer.

Will a little-known ship breaker help Raghav Bahl raise funds from the market?

Late last year, Bahl and his wife acquired a controlling stake in listed firm Gaurav Mercantiles.

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.

Affle India IPO subscribed 28% on first day of bidding

Affle India on Friday raised about Rs 206.55 crore from 15 anchor investors.

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.

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

The company serves customers largely untapped by the top HFCs.

Market Movers: What changed for D-Street while you were sleeping

Asian markets are off to a subdued start on Tuesday. Let us check out what may move market all through Tuesday.

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.

CreditAccess Grameen IPO subscribed 25% on Day 1

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

Sebi directs HDFC AMC to call off pre-IPO placement

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

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.

RVNL IPO overall subscribed 1.83 times, sees good retail demand

The RVNL offer comprises of 12.12 per cent of paid-up equity share capital of the company.

Not even Aramco’s giant IPO can get Saudis trading more stocks

While there were trading spikes around certain events, they proved short-lived.

Stocks in the news: DMart, Tata Motors, Airtel, Dr Reddy's, Thomas Cook and Religare

Thomas Cook board has approved a share buyback programme for a total consideration of up to Rs 150 crore.

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: 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.

Strong asset quality, cheap valuations make Indostar attractive

Indostar has also improved asset quality over the past few quarters.

IRCTC IPO commands strong premium in grey market

IRCTC is offering a discount of Rs 10 per share to retail investors and employees.

ICICI Pru MF sells part of ICICI Securities stake

A spokesperson for the fund house confirmed that the shares had been sold to comply with the regulator’s instructions.

IRCTC files draft papers with Sebi for IPO

According to market sources, the IPO would be worth about Rs 500-600 crore.

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.

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.

IRCTC IPO to open on Monday; here’s what brokerages say

The IPO has a price band of Rs 315-320 per share, and closes on October 3.

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.

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.

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.

How to get IPO-ready and ride the primary market boom

After a dry patch of almost a decade, the IPO floodgates have opened up. If 2016 was good — 88 companies raised Rs 26,000 crore — 2017 promises to be better.

Rs 645-crore IRCTC IPO set to hit market on Monday at Rs 315-320

The issue comprises an offer for sale of 2,01,60,000 shares.

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.

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.

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

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

Liquidity rush in primary market! Top 5 myths about investing in IPOs

The IPOs in India are set to hit a six-year high in 2016, and are estimated to raise over $5 billion (Rs 33,500 crore), says an EY report.

Metropolis IPO gets oversubscribed 5.8x

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

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.

Quess Corp IPO a huge hit; oversubscribed 147 times

The offer has generated demand worth over Rs 31,000 crore, excluding the anchor portion worth Rs 180 crore that was already allocated to investors.

MSTC IPO subscribed 5% on Day 1

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

MSTC IPO kicks off: Should you subscribe?

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

Rs 1,243-crore initial public offering of L&T Infotech fully subscribed on day one

At the end of day one, the portion reserved for QIBs was subscribed nearly two times and the non-institutional investors’ portion got subscribed 0.2 times.

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.

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.

31 companies raise record Rs 57,000 cr via IPOs so far this year; promoters, PEs corner lion's share

Before this, the highest amount of funds through IPOs was raised in 2010 at Rs 37,535 crore.

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.

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.”

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.

Tanvi Foods to set up corn plant in Andhra Pradesh mega food park

The company on Thursday got listed on the Bombay Stock Exchange and expects to rake in Rs 6.6 crore from the IPO proceeds to be used for expansions.

Reliance Insurance plans to file fresh IPO papers

Volatile equity market conditions had forced the insurer to postpone its plans.

Sebi to revamp initial public offer process

As the time to complete an IPO is reduced under this process, risks for investors will also come down substantially, sources said.

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.

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.

Use of UPI for IPOs can boost capital market participation

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

Sebi eases norms for anchor investors in public offers

Sebi has approved the removal of current restriction on the maximum number of anchor investors for anchor allocation of public issue worth over Rs 250 crore.

Fund raising via market doubles to Rs 1.73 lakh crore in April-June quarter

A large chunk of this amount or Rs 1,42,334 crore has been mopped up from debt market, while Rs 30,484 crore has been mobilised via equity route.

Sebi gives MFs leeway on IPOs, may play role of anchor investors

The regulator also clarified that the restriction would, however, be applicable to other group entities related to the merchant banker.

IPO bound companies will have more legroom to sell shares to foreign investors

Local institutions would force cos to offer better valuation; it would also indirectly enhance retail participation and cut reliance on foreign funds.

Can IPOs make you rich?

A flood of new issues is expected to hit the market in the coming months. Here’s how you can make the most of this opportunity.

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

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

Sebi seeks clarification on Adlabs Entertainment's IPO

Adlabs Entertainment runs amusement park, Adlabs Imagica. Located on the Mumbai-Pune expressway, the park was built by film producer and director Manmohan Shetty.

Over half of the IPOs since 2017 trading below offer price

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

Tara Jewels allots shares worth Rs 26 cr to anchor investors

Tara Jewels, whose initial public offering opens tomorrow, has alloted shares worth over Rs 26 cr to two anchor investors.

Sebi seeks fresh clarification on Videocon d2h's Rs 700-cr IPO

Sebi has sought fresh clarifications from the merchant banker of Videocon d2h Ltd regarding its proposed Rs 700-crore IPO.

Sebi seeks clarification on Videocon D2H's Rs 700 crore IPO

The status is updated on a weekly basis by the regulator and the next update as on January 9, 2015 would be uploaded on Sebi's website.

Sebi seeks fresh clarification on Lavasa Corporation's Rs 750-crore IPO

Sebi has sought fresh clarifications on the proposed Rs 750-crore IPO of Lavasa Corporation, the realty arm of construction major HCC.

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.

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.

PC Jeweller allots shares worth Rs 91 crore to anchor investors ahead of IPO

PC Jeweller has finalised allocation of 6,716,250 equity shares to investors at Rs 135 a piece, the upper end of the price band for the IPO, aggregating to Rs 90.67 crore.

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.

Lavasa Corporation files IPO document to raise Rs 750 crore

HCC's realty arm Lavasa Corporation filed documents with market regulator SEBI for launching an initial public offer (IPO) to raise Rs 750 crore.

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