Mumbai: Vodafone Idea‘s ₹18,000 crore follow-on public offer (FPO), India’s biggest, closed successfully on Monday, having been subscribed 7 times, with strong demand from global institutional investors. The allotment for qualified institutional buyers (QIBs) was subscribed 19.3 times, of which 82% bids came from foreign institutional investors (FIIs). The non-institutional investor (NII) portion got bids … Read more
Apr 15, 2024, 07:43:41 PM IST 1/7 Big-Ticket Fundraising As Vodafone Idea gears up to raise as much as Rs 18,000 crore through India’s largest FPO, let’s take a look at other mega follow-on offers before this one: (Source: ETIG) Agencies Offer size: Rs 15,000 crore Launch month: July 2020 Agencies Offer size: Rs 9,967 … Read more
Buoyed by positive investor sentiment and listing gains, more companies have shown their appetite to raise funds through the primary market in FY24 compared to the previous year. About 76 companies accessed the public markets in FY24, raising nearly Rs 62,000 crore through mainboard IPOs. This is 19% higher than the Rs 52,116 crore mobilized … Read more
The IPO comprises fresh equity issue of Rs 162 crore and offer for sale (OFS) of 1.75 crore equity shares. The company has fixed a price band of Rs 102-108 per share and investors can bid for a minimum of 130 shares in one lot and in multiples thereafter. Source link
(This story originally appeared in on Feb 28, 2023) MUMBAI: Gautam Adani is now placed at the 38th spot in the Forbes rich list, a far cry from the third position just before the Hindenburg report was published, which impacted his group’s stock prices. Currently, Adani’s net worth is estimated at $33.4 billion, according to … Read more
NEW DELHI: YES Bank‘s Rs 15,000 crore follow-on public offer saw 52 per cent subscription by midday of Day 3, the last day of the bidding process. By 11.45 am, the issue had attracted bids for 4,77,19,82,000 shares, 52 per cent of the issue size of 9,09,97,66,899 shares, data compiled from BSE and NSE showed. … Read more