Funds Through Ipos

Sanstar IPO opens today; check price band, GMP, should you subscribe?

The IPO comprises a fresh issue of 41.8 million shares valued at Rs 397.1 crore and an offer for sale (OFS) of 11.9 million shares worth Rs 113.05 crore.

NSE imposes cap on price of SME debutants amid concerns of manipulation

The change will be made effective from Thursday onwards

List of IPOs to watch out for this week

Three companies file draft papers with Sebi to raise funds via IPOs

Three companies -- Indo Farm Equipment Ltd, Vibhor Steel Tubes Ltd, and Saraswati Saree Depot Ltd -- have filed preliminary papers with capital markets regulator Sebi to raise funds through Initial Public Offerings (IPOs). Shares of these companies will be listed on the BSE and the NSE, as per draft papers filed with the Securities and Exchange Board of India (Sebi) on September 28 and 29. The proposed IPO of Indo Farm Equipment comprises fresh issue of 1.05 crore equity shares and an Offer For Sale (OFS) of 35 lakh equity shares by promoter Ranbir Singh Khadwalia. Proceeds from the fresh issue will be used to set up new dedicated unit for expansion of the company's pick and carry cranes manufacturing capacity, payment of debt, investment in the company's NBFC subsidiary Barota Finance. Indo Farm Equipment manufactures tractors, pick and carry cranes, and other farm equipment. Vibhor Steel Tubes' maiden public issue is entirely a fresh issue of equity shares worth Rs 66.47 crore.

More IPOs need to deliver listing pop to revive retail interest: Analysts

Analysts say retail investors' enthusiasm fizzled out post the muted listing of a majority of public offers in CY22

Zomato IPO subscribed 36% in early hours, investors across segments bid

The initial public offering of food delivery platform Zomato opened on Wednesday, with more than 36 per cent of shares offered being subscribed in the initial hours. The offer received bids for 26.10 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed. Retail investors sought 1.91 times the portion reserved for them. Against 12.95 crore shares reserved for retail individual investors, 24.76 crore shares were bid by 13.30 hours. Non-institutional investors put in bids for 7 per cent against their reserved portion. The portion set aside for employees was subscribed 6 per cent, while qualified institutional buyers have put in bids for 2.69 lakh equity shares against their reserved portion of 38.88 crore equity shares. Shares in the IPO, which is the biggest in India this year, are being offered in a price band of Rs 72-76 per share. Zomato has already mobilised Rs 4,196.51 crore from 186 anchor investors on July 13, a day before the issue opening. The

IPO fundraising crosses Rs 10,000-crore mark in first 6 months of 2017

Historically, it is only the third time funds raised through IPOs has crossed the Rs 10k-crore mark