Tag Archives: IPO

News Live: Godrej Agrovet IPO draws heavy demand, oversubscribed 95 times

Top Headlines:1. The GST Council announces steps to ease compliance burden on small businesses 2. Anti-nuclear campaign ICAN wins 2017 Nobel Peace Prize 3. Aadhaar now mandatory for post office deposits, PPF, and National Savings Certificate 4. Devalue rupee or provide stimulus: India faces difficult choices in bid to boost growth 5. Despite cut, Moody’s says fuel rate 2.5 times of Singapore benchmark ... Read More »

Should You Invest in the Snapchat IPO? Read This First

Whether you’re obsessed with keeping your Snapstreaks going or have no idea what that means, you may be itching to invest in this week’s initial public offering of Snap Inc., parent company of the popular Snapchat app. The appeal is understandable. For users of the app, owning shares of a company you use every day (or hour) can seem like a ... Read More »

What If You Invested In D-Mart IPO? Rs. 1,000 Would Have Become Rs. 2,750

Shares of Avenue Supermarts, which owns and operates supermarket chain D-Mart, surged as much as 1.92 per cent to hit a fresh 52-week high of Rs. 824.50 in early deals on Monday, after the company reported a strong set of earnings in the quarter ended March 2017. Avenue Supermarts, which is promoted by veteran investor Radhakishan Damani, was listed on ... Read More »

BSE IPO: Issue size estimated at Rs. 1,200 to Rs. 1300 crore; Asia’s oldest stock exchange files documents with Sebi

The Bombay Stock Exchange (BSE) on Friday filed documents with capital markets regulator Securities and Exchange Board of India (Sebi) for its upcoming initial public offering (IPO). Shareholders of the BSE will be partially selling their stake via the offer for sale (OFS) route for a sum in the range of Rs. 1,200 to Rs. 1,300 crore. The 141-year-old stock ... Read More »

Saudi Aramco finalizes IPO options and plans global expansion

Saudi Arabia’s state-owned oil giant is finalizing options for its partial privatisation and will present them to its Supreme Council soon, its chief executive said about the centerpiece of the kingdom’s efforts to overhaul its economy. The company has a huge team working on the proposals for the initial public offering (IPO) of less than 5 percent of the company’s ... Read More »

ICICI Prudential Life to hire banks for up to $700 mln IPO

ICICI Prudential Life Insurance is set to hire Bank of America Merrill Lynch and ICICI Securities for its planned $600 million to $700 million initial public offering (IPO), IFR reported on Friday citing two sources close to the plans. Other banks are likely to join the syndicate for the IPO that is expected in the current financial year ending March ... Read More »

Vodafone picks BofA, Kotak, UBS, other banks for India IPO – sources

British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit’s IPO, people familiar with the matter said, kicking off its long-awaited listing plan. The IPO is expected to raise between $2 billion–$2.5 billion, Reuters previously reported, which, at the upper end, would make it India’s ... Read More »