IPO
Zomato IPO News: Investors alert! All you need to know
Wed, May 12, 2021
Anand Rathi said that Food aggregator Zomato has filed a draft prospectus with SEBI for a $ 1.1 bn issue (Rs 82.5 bn), comprising a fresh issue of Rs 75 bn and an OFS of Rs 7.5 bn. (Info-edge now has an 18.55% stake.) The company will be utilising Rs 56.25 bn (75%) of the fresh issue to fund organic (Rs 30 bn) and inorganic growth (Rs 26.25 bn). The rest will be used for general corporate purposes. The IPO will be a test of Indian investors’ appetite for unicorns
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M&As rise 8% to USD 32.3 bn till Apr despite Covid wave: Report
Sun, May 09, 2021
A massive 133 per cent jump in the proceeds from initial public offerings (IPOs) has seen the deal street on a near roll in spite of the raging second wave of the pandemic, with the value of mergers and acquisitions increasing by 8 per cent to USD 32.3 billion across 437 deals till end-April this year, says a report
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In chat with Anil Singhvi, PowerGrid management speaks on InvIT, operational assets and more
Wed, Apr 28, 2021
Zee Business Managing Editor Anil Singhvi says that PowerGrid started operations from as far back as 1989. This is a Maharatna company of the Government of India. It is also India’s largest power transmission company with 85% market share. On top of that, it is the world's 3rd largest power utility company
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POWERGRID InvIT IPO: Price band, Date of opening to Bid Lot, all details highlighted by Axis Capital
Mon, Apr 26, 2021
POWERGRID InvIT IPO: The POWERGRID Infrastructure Investment Trust (PGInvIT) was formed on September 14, 2020 by the sponsor, Power Grid Corporation of India Ltd. (“POWERGRID”) as an irrevocable trust. The Investment objectives of the Trust is to carry on the activities of and to make investments as an infrastructure investment trust as permissible in terms of the InvIT Regulations and the Trust Deed, says Axis Capital
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NURECA Share Price hits 5% UPPER CIRCUIT today; has shot up nearly 30% in last 1 week
Tue, Apr 20, 2021
Nureca share price has been rising sharply in recent days. It is not surprising as the products of Nureca will be in good demand considering the Covid fears are resurfacing in India. Last year it was Oximeters and Thermometers, while going forward it can be some other product or technology. Due to increasing Covid cases, Nureca will see good demand for their products and that’s the key reason that the stock price is locked at the upper circuit
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Macrotech Developers share price recovers 15% from yesterday's lows
Tue, Apr 20, 2021
Macrotech Developers share price today has shot up to Rs 484, up Rs 19 or 4%. The company got listed on the stock exchanges at Rs 436 per share against the issue price of Rs 486 per share recently and that means it has clawed its way back up to the issue price. The stock price had made a low of Rs 422.6 yesterday
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Macrotech Developers lists at discount of over 10%, disappoints retail Investors
Mon, Apr 19, 2021
Macrotech Developers IPO got listed on the stock exchanges at Rs 436 per share against the issue price of Rs 489 per share. The stock price made a low of Rs 422.6. The market cap of the company is over Rs 21000 cr. Macrotech Developers share price today is Rs 472, down Rs 13.5 or 2.8%. The stock recovered over Rs 50 or 12% from day's low. Retail investors who got the allotment are disappointed due to the weak listing
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NEW LISTING TODAY: Macrotech Developers IPO to list today on the exchanges, Know what Investors should do
Mon, Apr 19, 2021
Macrotech Developers IPO listing today: Zee Business Managing Editor Anil Singhvi said that Macrotech Developers received muted response from investors and hence it is difficult to tell at what price the new IPO will list as it was subscribed by 1.36 times, but that too only by the final day of bidding. Singhvi said that the IPO received poor response as it was priced on a higher side, leaving no listing gains for the Investors
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Even in pandemic FY21 NOT a DUD – Money raised via IPOs, FPOs up by a WHOPPING 115%
Wed, Apr 14, 2021
While Coronavirus Pandemic has been the biggest setback for the world at large and India too, there has been no dent in the morale of the markets. Fund raising in 2020-21 (April-March) was better than FY 2019-20, despite the uncertainty prevailing during the last financial year. The performance of public issues - IPOs, FPOs saw a significant uptick
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Shriram Properties IPO News: Check latest update on Rs 800 crore initial public offer
Mon, Apr 12, 2021
Shriram Properties IPO News: In a major market development, Bengaluru-based Shriram Properties has filed a draft document with market regulator Sebi to raise up to Rs 800 crore through an initial public offer (IPO).
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Barbeque Nation share price SOARS over 66% in 3 days, HITS new high of Rs 833.7
Fri, Apr 09, 2021
Barbeque Nation IPO was subscribed 5.98 times. The public issue got subscribed by 13.13 times in the retail category, 5.11 times in QIB, and 3.10 times in the NII category. Barbeque Nation share price today is Rs 715, up Rs 10 or 1.5%. The stock made a high of Rs 833.7 today. Notably, the stock price got listed below the issue price of Rs 500 and witnessed sharp buying in the counter after getting listed
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Macrotech Developers IPO LAST Day: Check out the subscription till date
Fri, Apr 09, 2021
Macrotech Developers IPO was subscribed 35% on the second day of subscription, i.e. Thursday, April 8, 2021. The retail portion of the offer was subscribed 25%, while QIB and NII portions were subscribed 65% and 19%, respectively. The employee portion subscribed 10%. Today is the third and last day for a subscription. The IPO has a price band of Rs 483-486 per share. The real estate developer seeks to raise Rs 2500 crore through a fresh issuance of shares
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Macrotech Developers IPO subscription disappoints so far; listing gains on investors minds?
Thu, Apr 08, 2021
Macrotech Developers IPO subscription is just 0.27 times. The public issue subscribed 0.16 times in the retail category, 0.58 times in QIB, and 0.11 times in the NII category by Apr 8, 2021 10 am. Many Analysts believe that the Macrotech Developers IPO subscription price is on the higher side and may not give listing gains to investors
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Barbeque Nation share price soars 20% to above Rs 700, hits upper circuit AGAIN
Thu, Apr 08, 2021
Barbeque Nation share price today is Rs 705.35, up 20% or Rs 117.55. Notably, Barbeque Nation share price got listed at 489.85, down 2%, to the issue of Rs 500. The stock witnessed good buying after getting listed and got locked at the upper circuit. The Rs 453 crore initial public offering of the popular dining chain was open for subscription from March 24-26, 2021
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Barbeque Nation locked at upper circuit, the stock witnessed good buying after tepid listing
Wed, Apr 07, 2021
Barbeque Nation share price got listed at 489.85, down 2%, discount to the issue of Rs 500. The stock witnessed good buying after getting listed and not is locked at the upper circuit. Barbeque Nation share price today is Rs 587.8, up over 17.5%. The market cap of the company is over Rs 2200 cr. The stock made a low of Rs 481.85 and has moved up over Rs 100 after getting listed
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Barbeque Nation IPO Listing Today: Anil Singhvi says listing to happen near issue price
Wed, Apr 07, 2021
Barbeque Nation IPO Listing Today: Zee Business Managing Editor Anil Singhvi had given an AVOID rating to retail Investors and clearly indicated that investors can skip applying for listing gains in this IPO. Barbeque Nation is coming out with an initial public offer (IPO), comprising a fresh issue of equity shares amounting to Rs 180 cr and an offer for sale (OFS) of Rs 272-273 cr
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Macrotech Developers IPO Date: Issue opens today! Price band to lot size - top details for investors
Wed, Apr 07, 2021
Macrotech Developers IPO Date: Macrotech Developers IPO (Initial Public Offer) has opened for retail subscription today. The Rs 2500 crore public issue will remain open for subscription till 9th April 2021.
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