Initial Public Offer

Saturday, Apr 20, 2024 | Last Update : 03:43 PM IST

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

Affle India scrip made a robust debut as it opened the day at Rs 929.90, a huge gain of 24.81 per cent from its issue price on the BSE. It later jumped 28.63 per cent to Rs 958.30.

Affle India shares mark remarkable debut; jump nearly 25 per cent

The Rs 459-crore initial public offer of Affle India was a huge hit among investors as it was subscribed 86.49 times last week.

08 Aug 2019 1:09 PM

The sources said that three to four RRBs are eligible to come out with initial public offer (IPO) and they may hit the capital market this year.

Govt identifies 3-4 regional rural banks for IPOs; public issue likely this year

The bank consolidation exercise is going on to bring the number of RRBs to 38 from the current 45, sources said.

28 Jul 2019 1:12 PM

"Airtel Africa Ltd announces that a registration document relating to the company has received approval from the UK Financial Conduct Authority...," Airtel Africa said on its website. (Photo: File | PTI)

Airtel Africa's IPO related 'registration document' gets UK FCA nod

The company is eyeing a June listing for the initial public offer in London.

29 May 2019 2:35 PM

IndiaMart expects to raise Rs 3,250 crore from the initial public offer (IPO).

IndiaMart expects 29 pc CAGR revenue growth in next 2 yrs

The company posted revenue of Rs 429 crore in 2018-19 and operating profit of Rs 46 crore.

21 Apr 2019 4:45 PM

Rail Vikas Nigam Ltd Rs 480 crore initial public offer (IPO) was subscribed 1.8 times earlier this month and price range for the issue was fixed at Rs 17-19 per share. (Photo: File | PTI)

Rail Vikas Nigam Ltd shares make flat debut; list at Rs 19

The company's market valuation stood at Rs 4,003.24 crore on the BSE.

11 Apr 2019 12:26 PM

Footwear retailer Khadim India's initial public offer was subscribed 14 per cent on the first day of bidding on Thursday.

Khadim India IPO subscribed 14 per cent on Day 1

Net proceeds from the issue would be utilised towards payment of loans and general corporate purposes.

02 Nov 2017 7:25 PM

Initial Public Offer, or IPO, is an instrument to raise funds from capital market.

New India Assurance sets price range for up to $1.5 billion IPO

At upper end of price range, IPO would raise Rs 9,600 crore or $1.48 billion.

24 Oct 2017 3:00 PM

General Insurance Corporation of India will make stock market debut on Wednesday after having concluded the Rs 11,370-crore initial public offer (IPO).

General Insurance to make stock market debut tomorrow

GIC Re's IPO was oversubscribed 1.38 times during October 11-13 with a price band of Rs 855-912.

24 Oct 2017 1:45 PM

Shares of Indian Energy Exchange (IEX) made a weak debut at the bourses on Monday, falling 9 per cent, against the issue price of Rs 1,650. (Photo: IEX website)

Indian Energy Exchange shares make weak debut, tank 9 per cent

In terms of equity volume, 4.68 lakh shares of the company were traded on BSE and over 26 lakh shares changed hands on NSE.

23 Oct 2017 1:57 PM

SBI Life Insurance Company has already raised Rs 2,226 crore from anchor investors as its initial share sale.

SBI Life's Rs 8,400 crore-IPO starts today; raises Rs 2,226 crore from anchor investors

SBI Life is a joint venture between India's largest lender SBI and BNP Paribas Cardif (BNPPC).

20 Sep 2017 12:27 PM

The initial share sale offer of ICICI Lombard General Insurance Company was subscribed 98 per cent on the second day of bidding.

ICICI Lombard IPO subscribed 98 per cent on Monday

ICICI Lombard General Insurance is a joint venture between ICICI Bank and Canadian NRI Prem Watsa-promoted Fairfax Financial Holdings.

18 Sep 2017 7:34 PM

Union minister Nitin Gadkari on Monday said the government wants to take the National Highways Authority (NHAI) public.

Gadkari wants to turn NHAI public, awaiting FinMin's approval

His statement comes amid the great investor response to the IPO of Cochin Shipyard, that was over subscribed 76 times recently.

18 Sep 2017 5:36 PM

Shares of Dixon Technologies (India) Ltd rose as much as 70 percent on their trading debut on Monday. (Representational Image)

Dixon Technologies shares surge up to 70 per cent USD 94 million IPO

The company’s initial public offering (IPO) to raise 6 billion rupees (USD 93.7 million) had been subscribed nearly 118 times.

18 Sep 2017 2:19 PM

ICICI Lombard General Insurance Company hit the market with its initial public offer on Friday.

ICICI Lombard launches Rs 5,700 crore IPO today

Its two main shareholders - ICICI Bank Ltd and Fairfax Financial Holdings Ltd - will sell a combined 19 percent stake in the insurer.

15 Sep 2017 2:06 PM

ICICI Lombard General Insurance on Thursday raised Rs 1,625 crore from anchor investors.

ICICI Lombard raises Rs 1,625 crore from anchor investors ahead of IPO

Nomura, Abu Dhabi Investment Authority, Kuwait Investment, Goldman Sachs and Reliance Nippon are among the anchor investors.

15 Sep 2017 10:06 AM

SBI’s Life Insurance is all set to hit the market with its initial share offer on September 20 to raise up to Rs 8,400 crore.

5 things to know about SBI Life's Sep 20 IPO that aims to raise Rs 8,400 crore

SBI Life is the second insurer to go public after ICICI Prudential Life Insurance stint last year.

13 Sep 2017 2:42 PM

IPO of Apex Frozen Foods which deals in aquaculture products with an aim to raise up to Rs. 152 crore.

Apex Frozen Foods IPO Fully Subscribed

IPO comprises fresh issue of 72.50 lakh shares and an offer for sale of 14.50 lakh by promoters.

23 Aug 2017 5:10 PM

IPO or Initial Public Offer is an instrument for raising funds from market

IPO market to pick up pace in coming months: EY

Globally IPO activity, so far this year, recorded 772 IPOs raising $83.4 billion.

05 Jul 2017 4:46 PM

HUDCO opens bidding for initial public offer

The company will close the IPO on May 11 where the government is offering 204,058,747 shares for sale.

08 May 2017 2:33 PM

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Shobhaa De