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Happiest Minds Technologies and Route Mobile received huge interest from all categories of investors. (PTI Photo)

Happiest Minds IPO sees strong response, subscribed over 150 times

Route Mobile’s Rs 600 crore IPO has been fully subscribed on the very first day of bids opening, as per data updated by stock exchanges

10 Sep 2020 11:42 AM

The SMIC IPO push is part of the Communist Party’s strategy to develop global leaders in artificial intelligence, big data, and other advanced sectors.

Chipmaker SMIC set for a huge IPO as China looks to make semiconductor sector self-reliant

SMIC is China’s biggest contract manufacturer of chipsets, and the country's hope to make its tech firms non-dependent on US chipmakers.

06 Jul 2020 9:07 PM

The government on February 1 had proposed to issue shares in LIC through an IPO to meet its highest ever disinvestment target of Rs 2.1 lakh crore, set in the Union budget for 2020-2021.

LIC IPO may get delayed, says Fitch Ratings

LIC has a premium-based market share of almost 70 per cent in life insurance sector.

27 Feb 2020 4:28 AM

On a capital base of Rs 5 crore, the union said LIC's valuation surplus was Rs 53,211.91 crore.

LIC staff union to hold walk-out strike to protest against IPO

The walk-out will take place at all offices of the insurance behemoth across the country.

04 Feb 2020 12:54 PM

But investing in Aramco is also a bet on the price of oil and growth in global demand for crude, which is expected to slow from 2025.

Saudi Aramco prices shares at top of range in world's biggest IPO

Around 4.9 million Saudi retail investors have bought shares in the oil giant.

06 Dec 2019 10:43 AM

SBI shares closed at Rs 341.90 on BSE, up 1.70 per cent from the previous close.

SBI okays to dilute 8.25 pc stake in UTI AMC initial public offer

The bank said it offers to sale up to 1,04,59,949 equity shares subject to approval from the Sebi.

04 Dec 2019 7:01 PM

The government had been encouraging rich Saudis to invest, promoting such investment as a patriotic duty, particularly after Aramco’s oil facilities were attacked in September.

Saudi Aramco IPO oversubscribed so far, but not by big margin

Saudi banks have been offering citizens easy loans to bid for shares in Aramco.

30 Nov 2019 12:03 PM

Alibaba will sell 500 million shares to investors at HK dollar176

Alibaba eyes USD 12.9 bn Hong Kong IPO after setting price: reports

Asia's biggest company has called the listing a multi-billion-dollar vote of confidence in the city's markets.

20 Nov 2019 10:44 AM

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Saudi Aramco in race for IPO record with USD 1.7 trillion top value

Aramco cannot sell its shares directly to investors in the United States and other markets, as the IPO will be restricted to Saudis.

18 Nov 2019 9:20 AM

The company will spend the next 10 days talking to investors and sounding out their interest and the price range will follow.

Saudi Aramco kick-starts what could be world's biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

04 Nov 2019 9:24 AM

Aramco is believed to be planning to sell the rest of a planned tranche of five per cent of the firm on an international bourse.

Aramco IPO will be Saudi crown prince's decision: minister

Aramco was expected to launch the first part of a two-stage IPO earlier in October.

30 Oct 2019 2:57 PM

The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital.

Reliance General Insurance scraps IPO plan; withdraw offer documents

Reasons for withdrawal of the offer documents have not been disclosed.

30 Oct 2019 2:35 PM

Saudi Arabia was hoping that the company is evaluated at USD 2 trillion so its proposed sale of five per cent.

Aramco to make stock market debut on December 11: report

Aramco was expected to launch the first part of a two-stage IPO earlier in October.

29 Oct 2019 3:20 PM

Bankers expect at least 6 million-7 million local investors to participate.

Saudi Arabia plans bumper Aramco IPO, relying on easy loans and rich locals

The IPO will be a gift from the government to the Saudi people and they will want as many of them as possible to take part in it.

18 Oct 2019 9:09 AM

IRCTC will not receive any proceeds from the offer and all proceeds will go to the government, according to the red herring prospectus. (Photo: Representative)

IRCTC IPO was expected to raise 645 crore, investors poured in Rs 72,000 crore

The initial public offering (IPO) is in a price range of Rs 315-320 per share.

03 Oct 2019 8:49 PM

The IRCTC initial public offering (IPO) is in a price range of Rs 315-320 per share.

IRCTC IPO huge hit among investors; subscribed 112 times

The Rs 645-crore IPO received bids for 225 crore shares against total issue size of 2 crore scrips, according to the data available.

03 Oct 2019 7:47 PM

SBI owns 74 per cent in the cards venture, while its foreign partner can also choose to dilute its stake through the IPO (initial public offering), said SBI chairman Rajnish Kumar.

SBI shelves IPO plans for general insurance arm; card JV to hit market in Q4

Investor interest for cards business is very high, and SBI Card listing will happen in March quarter, said SBI chairman Rajnish Kumar.

15 Sep 2019 6:40 PM

IPO to happen soon, domestic listing is primary one, says Saudi Aramco

Aramco is

10 Sep 2019 1:47 PM

Aramco, Citi, HSBC and Samba did not immediately respond to a request for comment outside of office hours.

Aramco likely to give IPO roles to Citi, Goldman, HSBC: source

Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.

09 Sep 2019 12:13 PM

As we go forward, we will actually take a call (on IPO) and that call is to be taken by the promoters...at some point of time this decision will be taken, SBI Card Managing Director and Chief Executive Officer Hardayal Prasad said.

SBI Cards says IPO process initiated, decision on timing to hit mkt soon

State Bank of India (SBI) holds 74 per cent stake in the SBI Card and the rest is held by Carlyle Group.

02 Sep 2019 8:03 PM

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Dilip Cherian

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